Happy New Year, friend!
Next week is our annual planning gathering: Create your 2024 Growth Plan and you're invited! We're sharing our process for planning the year for yourself, your community, and your business, all in a way that feels good.
We try to make each of our events a little more thoughtful and weirder than the last. I expect this one will be no different đ.
âRSVP here to join us live or get the recording ââ
The piece below is an example of the vibes you can expect from the workshop.
For successful New Year's resolutions, goals, and plans, we need a balance we almost always miss.
In the optimism of the new year, we can be too ambitious in the goals we set for ourselves. Or, after a tough year and past failed resolutions, we might be leaning into a slower, calmer pace instead.
My own natural tendency was to pendulum between these 2 modes of bold ambition and restful calm. I would make big goals, and invest time, money, and energy in reaching them. And then burn out after going too hard and decide to do the bare minimum for a while. Then, that slow period would cause me to feel purposeless and I would again go back to the bigger goals and the cycle would continue.
I used to think this was my natural work cycle and that my motivation and drive just came in waves. It wasnât bad, I just had to work with it.
Last year, I realized that even though I liked my work, I never actually felt good about it. I was either in an ambitious state and always feeling behind, or I was in a calm state and feeling restless like I should be working on something else. It was a pendulum that spent almost no time at or close to equilibrium.
And on the rare days or hours when I did feel balanced between calm and ambition, not only did I feel amazing, but I was also more creative, more connected to the people I work with, and more successful.
Instead of the extremes, I realized that the middle point was the balance I wanted to work towards.
I think itâs what most of us want. Itâs the push and pull between striving and resting, growth and comfort, progress and ease. Itâs what I came to know as⌠calm ambition.
Itâs a philosophy and a value that I recommend everyone, and entrepreneurs especially, put front and center.
Letâs talk about the two sides here and what they look like when youâre building a business.
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Ambition means building a clear vision of who you want to become and what you want to see in the world, and then doing whatever you can to make it happen. Itâs an addicting feeling to harness, especially when you strongly believe in what youâre working towards.
And ambition also has a dark side. Being blindly ambitious can mean setting unrealistic expectations for yourself, your team, and those around you. When ambition is the only thing you value, you can move so quickly that you go after goals that youâre not even sure you want.
Purely ambitious goals might be big, but can feel empty and ego-driven: make $100 million, be on Forbes 30 under 30, grow a team to 100 employees, etc.
Ambition also comes with trade-offs. When youâre ambitious about one part of your life (work), a different part of your life (mental health, family, friends, etc) might get neglected.
So ambition is great but it needs a buffer.
So letâs define the other side of the pendulum, calm. Calm looks like having enough time to build your business on your own terms and at your own pace. Letting go of the hustle to understand yourself, what you need from your career and how you can step into being a leader.
The trap of being too calm can also be damaging. Just prioritizing calm as an entrepreneur might look like not doing the uncomfortable stuff like selling your work, letting tasks pile up, taking too much time off, and not taking steps toward growth. When you set goals that just help you rest and relax, thatâs great for the short term but ultimately doesnât get you closer to doing what you want to do in the long term.
In my experience, neither the purely ambitious nor purely calm approach lasts very long. The calm and not ambitious approach feels great in the short term, but if you have ideas and dreams, it ultimately becomes boring and small. The ambitious but not calm approach is exciting and bold, but it leads to burnout and life meltdowns.
The right answer that I was looking for, and what you might be looking for is both.
Increasing your goal horizon
The long-termness of your goals is a key part of feeling calm but committed to a big vision. Instead of designing your business for one or two big moments, design it to grow over time and move towards a more patient, larger vision
Pay attention to your body in the moment
There are two different types of stress. Thereâs stress that motivates and excites you and thereâs stress that freezes you and causes tunnel vision. So when youâre engaged in work, feeling stressed isnât bad as long as itâs more often the fun kind. These are notoriously hard to tell apart! Taking breaks to be present and pay attention to your body and how you feel is a good start.
Connect the dots between connection and ambition
Ambition on its own can feel competitive and isolating. Calm ambition instead, is a more connective feeling. Instead of seeing others as your competition, you start seeing them as allies and friends. Building a network of peers who are on similar journeys and who arenât haters, is a great way to stay on the positive side of ambition.
Be careful about the people you get inspired by
We tend to âhate followâ people on social media. Whether those are hustle bros, or manifestation girlies, donât follow anyone who annoys you or consistently make you feel behind or anxious. Instead, look for people who align with the future version of yourself that youâre moving towards.
Prioritize profitability over growth rate
When youâre building your business, itâs easy to get stuck on the big numbers. But what do you want a huge business or a profitable business? Big businesses might come with a big team, high overhead, investors, high risk, etc. Profitability is a slower road, but comes with leverage, flexibility to change your mind and calm. So instead of prioritizing gross profit and growth rate, consider looking at profitability first.
That is my humble argument for why maybe you should make calm ambition a value for yourself this year. Especially if youâre setting goals or resolutions for the year. Are they calm and ambitious?
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PS. I didnât come up with the concept of calm ambition. Iâve heard similar sentiments from many people including Tyler Tringas, Anne-Laure Le Cunff, Paul Millerd, Hanif Abdurraqib, and Visa Veerasamy.
PPS. Here again is the link to join us for our annual planning workshop next week. â¨
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