I just filed my taxes. My income has fallen. In corporate jargon, we have sustainability issues. I live in a Himalayan village. Everything around is incredibly beautiful. Most people who come through envy our life. But I cannot eat the view. I also cannot use it to pay for my kids’ education.
That’s okay because I am the eternal optimist who believes that things will get better. But the tax return did make me think about the trade-off between money and happiness. As I pondered, I came across a diagram for work, money and happiness. It hit home. I have created this version of it.
Most of it is pretty clear. The “Dreaming” box means you may have a passion for something, and money can be made from it, but you’re no good at it. My ability with music is a great example. I’ve joined guitar classes six times and still can’t play. I’ll never make it to the rock-n-roll hall of fame.
But the boxes here are not an end state. The box you’re in now is a starting point. You could be very happy in your box. If not, move. It’s the difference between “As is” and “To be”. (Apologies for the corporate jargon. To my credit, I did replace “monetize” with “make it pay” in the picture below). The goal is to alter the box we are in. The quest is for the “JOY” box – that ideal combination of Passion, Excellence & Money. We wont discuss how much money. Let’s just say its personal and move on.
Let me take a few examples from my own life. I was in the “rich but stressed” box. I could sound passionate about a revenue target, but I was faking it. You cannot fake your way into a passion. I was lying to my boss, my team, and myself. So I walked away.
I found myself in the ”Happy but poor” box. I now pursue various passions / projects to seek out joy.
- Writing. It doesn’t pay. My first book did well but earned peanuts. This blog has earned nothing except the indiblogger award for humour. The award is also inedible. So I hope my next book sells more and I can make peanuts2 from it. The fact is, I write because it’s fun. Even if I earn nothing. Happy but poor.
- The Himalayan Writing Retreat (THWR). I am working hard to grow THWR. It is one way of trying to make writing pay. I love teaching, and I know the retreats are good because the participants love them (on facebook we’re rated 5/5). But the problem is marketing – I have to improve that. I’m working on it right now. I can’t eat the view but it does help me sell and monetize (uff). Once that happens, I will reach the joy box.
- Professional Speaking. This is something I really enjoy. It can pay as well. My initial talks were terrible. I am working hard and getting better. This 4-minute talk is amongst my better ones. I hope to start earning from it now. I expect my next book to boost that. So Professional Speaking is the “dreaming” box where I am trying to excel.
- The Himalayan X retreat. We are creating a yet-to-be-named learning destination around our home in the Himalayas. This is a place where people will come to learn. And grow. A space with rooms and learning spaces which will be the future home of many different types of Himalayan Retreats. We hope to do many things like bird-watching, photography, astronomy, art and of course, writing. This is also a dreaming box right now. We have to build it and do a good job for it to give us joy.
- Cheesemaking is a big one. My partner Nitin Dayalu and I have recently started producing cheese locally. Nitin also walked away from the “Rich & Stressed” box around the same time as me. His wisdom came earlier in life. The cheese we make is organic – from the awesome milk we get here. Nitin is deeply passionate about this, and it is his baby. He can – and has – run this business on his own. I am passionate about entrepreneurship, and this start-up really gets me going. I am a handy sounding board for him. For us the goal is to make the project pay enough that we can live by it. And we want to add to the local community in a meaningful way. Again, we are in “happy but poor”, looking for Joy.
Our branding, of course, has a cheekiness which some of you may expect by now.
One person I definitely know who is in the “Joy” box is Sumit Bansal. He quit IBM to become a full-time blogger on MS Excel. He excels at blogging (hee hee). He is passionate about his work and makes good money from it. We are jointly hosting the Himalayan Blogging Retreat on April 18-22 (details here).
In all the examples above, the goal is beyond mere wealth. Because we are passionate about what we do, we hope to find joy. We may not excel at every aspect of our work, but we’re getting better. As I strive for Joy, it is surprising how much fun the striving itself is. That effort to make something new and beautiful where nothing existed is enriching. And much more satisfying than my last “job”.
So what box are you in? And what will give you joy? Feel free to share your comments.