Kevin W. McCarthy

The Professor of On-Purpose

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Is Money Mastering Your Life?

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What is the relationship of purpose and money? Here’s the crux of many a modern-day challenge of money mastering our lives and dominating our thoughts. Is it practical and affordable to be on-purpose? How do we bridge the gap between what our heart wants and paying our bills? Keep reading!

The text and the video of this On-Purpose Minute provide important insights and strategic direction to create a healthy co-existing relationship with purpose and money. 

The Material World of Money

The chorus in Madonna’s 1985 hit single Material Girl is:Cover of "Material Girl"

Living in a material world
And I am a material girl
You know that we are living in a material world
And I am a material girl 

If your worldview is one of a material world, then money is its highest status symbol. Money becomes “what makes the world go around” because it occupies the center of one’s life, attention, and efforts.

Does money define purpose? Purpose is a currency all its own so it doesn’t need money to define it. It would be like thinking that only the rich are on-purpose. Money is a unit of measure, but not a measure of how on-purpose a person is or isn’t.

Purpose lives in your heart; whereas money jealously aspires to rule the house of your heart. Matthew 6:21 says, “For where your treasure is, there your heart will be also.”

We have a choice which to treasure: money or purpose. Even of the best intended of us, far too few have taken a break from the material world and invested our time to discover our purpose in life. Our heart therefore remains relatively empty and undefended from within. We’ve shoved our purpose into a hall closet expecting to pull it out someday when we have more time and money to pay attention to it. 

Money, therefore, has an easy job of filling the vacuum of our spirit. Dropping our guard and inviting money to preoccupy our hearts places us at risk of never having the rightful resident abide within us.

Purpose and money are, however, related because if our heart or purpose remains ill-defined, money and purpose are competitors vying for the same space. Purpose politely awaits for our invitation to enter, whereas money will break and enter. Living life divided tears us apart with busyness and distraction as we jump from one pursuit to another in constant, yet ineffective attempts to calm our guilt as we deny and violate our true selves yet again.

Who wins the battle of the material and the spiritual? The answer is simple: the one we most give provision and comfort to within our being. Settling the matter is deciding once and for all which treasure lives in our heart.

I’m, of course, advocating for establishing your purpose as the sole resident of your soul. Money is a harsh and ill-prepared master of the home. It is intended to be a highly obedient servant of the master.

But how does one reclaim one’s heart? Taming money’s lust for control means gaining greater mastery of your life by answering essential questions:

  • Do I know what truly matters?
  • Do I know my 2-word personal purpose statement?
  • Am I willing to do the work to create the life I want?
  • Am I prepared to put money in its place?

Here’s a simple and fun exercise. How would you live your life differently if you had unimagined wealth? In this On-Purpose Minute, we’ve explored money’s unhealthy and overly aggressive elbowing of its “claim” on your heart, mind, actions, and decisions. Turn the tables by taking money off the table for a moment and imagining your life lived abundantly.

For what you may not realize is that you’ve already won the lottery! Imagine the price tag Apple would place on selling an iYou! The computing power, the eyesight, the touch pads of your fingertips and body, plus the mobility are priceless. Now add a heart and spirit! $30 million doesn’t come close to estimating your value and worth.

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Right Business Strategy

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Strategy& (Formerly Booz & Company and part of PwC (PricewaterhouseCoopers)) does for large businesses what On-Purpose Partners does for small and mid-market companies. As you watch the video above listen as they describe in their words the pillars of The On-Purpose Business Person:

  • Do More of What You Do Best More Profitably
  • Strategy is about the business being (purpose) with aligned execution (missions)
  • Answer important questions at the core of the business and culture
  • The Service Model to execute the strategy

Learn how to instill purpose into your business strategy (being on-purpose) by watching this 9-minute video called The On-Purpose Business Plan. 

Here are some of the highlights of this Strategy& video that hit me:

  • 80% of value destruction has come from bad strategic decisions
  • Competitors are coming from all corners so differentiation is important
  • Companies go chasing growth by letting a thousand flowers bloom only to have fields of weeds to clean up later
  • 60% of C-suite executives have no confidence in their strategy
  • Fundamental questions are not being answered — being best and better than anyone else
  • Double down on differentiated capabilities and competencies
  • Who are we going to be? — the most important question (purpose, vision, mission, and values)
  • Strategy provides the advantage to win

Here you can watch a series of these brief video commentaries on business strategy and leadership.

 

Employee Engagement: How Are Your Three E’s?

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Peter Drucker, the famous management guru, spoke of doing business with effectiveness and efficiency. Let’s add another “E” to the equation: Engagement, as in “employee” engagement. Learn to assess your career and business using these 3 E’s and you’ll be amazed what might be revealed about your career, team, or business. 

Engagement has more recently come to the forefront of employee discussions by The Gallup Organization. I admit to being a huge fan of their work on Employee Engagement. Twenty years ago, I had the pleasure of partnering with a Gallup leader on a client assignment, and I was roundly impressed. Several years back, I reconnected with their work again through a client’s company. Their books and StrengthsFinder survey are first rate as well.

Jim Harter, Ph.D., author of New York Times bestseller 12: The Elements of Great Managing, talks about the power of Gallup’s 12 questions at this Gallup site.

Team Engagement is one of the primary measures for a Chief Leadership Officer™. If you’re leading a business, then you need to get your head into this topic. Leadership of people is the future — engage with it! Be a CLO

Efficiency. Effectiveness. Engagement

Chapter 7 of Chief Leadership Officer will positively rock your take on employee engagement. Basically, the very use of the term “employee” dooms the engagement effort to failure. An employer-employee relationship is transactional. Whereas, engagement is relational.

Chief Leadership Officer – order your book today!

The Job of Your Life … Finding A Job You Love?

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Finding a job you love is challenging, but it can be easy as 1, 2, 3. It takes a plan and a process along with patience. How do you go about creating or finding the job that is fulfilling and on-purpose? That’s the job of your life.

This video was originally aired on November 17, 2011, when the unemployment rate was over 10%. In the years since, the published unemployment rate is lower. In many circles today the underemployment rate and out-of-the-job-market rate remains very high. 

Every day I run into people who are underemployed or unemployed. This breaks my heart on many levels. Aside from their loss of income and financial struggles, what I often observe in their situation is a point of view that is detrimental to their current and long-term state of well-being. They’ll never get the job of their life. It is like the movie Dead Poets Society, where the one young man decides that a life of just pleasing others is worse than death.Kissing Cobras

Many people think a job equals security and identity. This erroneous, yet prevalent, worldview on work creates a cycle of being in and out of dissatisfying jobs or workplaces. Or, if the pay is sufficient, staying in a job one really doesn’t like all that much. The pain of change appears worse than the suffering on the job.

For a few dollars more, we’ll trade our precious life. What a waste! Yet, I fully understand and deeply appreciate the dilemma. Money is important to function in society, to eat, to be housed, etc. 

Don’t blame your job for your state of well-being. Instead, take responsibility for bringing meaning to the job! That sounds easier to do than it really is. But how?

First, don’t quit your day job just yet because I struck a nerve with you!

Second, let my 1-2-3 approach (see this On-Purpose Minute) settle in your spirit. Even if you think it is impractical, do you find yourself wishing you could actually do this? Do you imagine what’s really possible if you pursued your passion? 

Third, do your heart work! On-Purpose Peace and My On-Purpose Folder are remarkable workbooks for personal or small group study.

Fourth, if you’re thinking of starting your own business then connect with me. We have coaching and programs that can help you accelerate your planning process and success ratio. We even have healthy lifestyle coaching with On-Purpose Partners for a select few people.

The job of your life is to live your life on-purpose. To be as fully you as God intended and designed you to be.

What Are Your Answers To Life’s Great Questions?

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Dare You Risk Leading Your Life Better?

Here they are: The 7 Great Questions about life that haunt us until we answer them, deny them, or simply overwhelm them in a soulless chase for gain and/or pleasure. 

  1. Who am I?
  2. Why am I here?
  3. Where am I going?
  4. How will I get there?
  5. What is important?
  6. Is life meaningful?
  7. Does God exist?

You may think, With all I have to get done, I realistically don’t have time to mess with these questions. Here’s a tip for life: until you begin answering these questions, they will mess with your life. The sooner you start, the better off you’ll be.

Don’t put your life on hold until you have definitive answers. Simply explore your possibilities. Make it a joyous adventure of daily discovery as the layers of your life unfold before you with a sense of wonder and excitement.

Think it’s impractical with all you’ve got going on? Hardly! Stop wasting your life in trivial pursuits.

Answers to these questions fill in the soul gaps—those places within us that we know are there, but aren’t quite sure we want to or know how to get there. It can be a scary place to visit, like a closet of dashed hopes, painful memories, unrealized dreams, disappointments, and pain. On the other hand, it is also a journey of hope and healing to the heart of who you authentically are. Here’s the only place on the planet where you can discover your true identity and begin the process of reorienting your life on the strength, function, and contribution you have to give. Transformation begins in the spirit. Knowing and bringing expression to your purpose will raise the spiritual and practical trajectory of your life forever.

On-Purpose Leadership Experiences: Helping you process your answers to Life’s Great Questions

One-on-One Coaching with The On-Purpose Person and either My On-Purpose Folder or On-Purpose Peace as the coaching agenda. This is typically 8 coaching sessions in 8 weeks with a trained coach. Your investment is $1,500 to $5,000 depending upon your coach, circumstances, and needs.

Do-It-Yourself. Buy The On-Purpose Person and On-Purpose Peace. Work through the content on your own or with a small group. Your investment is $35 per person.

 

 

 

Who Cares About Leading The Business?

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Leading the business carries responsibilities. Being aPurpose of Organization business advisor and strategic management consultant for more than a couple of decades, I can tell you the single, simplest, most overlooked root of more problems in organizations is the failure to articulate, communicate, and execute based on the purpose of the organization (Po). Its absence is massively expensive; its presence nourishes the corporate culture for productive and efficient growth in people and profits.

Someone in charge, however, has to care. Is that you who is leading the business?

This lack of deep strategic clarity muddles every aspect of the organization. People, process, performance, profits, customer service, and operations are just a few of the functional areas informed by a potent, simple, 2-word purpose statement. 

Yet, purpose statements are amazingly misunderstood, unappreciated, and under-engaged. In businesses, I’ve seen the benefit of the leadership team knowing and executing on their purpose produce a 25% or more increase in sales and even greater percentage increases in profits. 

Are you finally ready to set a strategic cornerstone and write your purpose statement? Remember, it is just a beginning but an essential start. I recommend that all business clients first write their personal purpose statement before they do the business statement.

 

Are You Feeling Successful?

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You are more successful and, frankly, abundantly blessed than you realize! Success is measured in many ways, but what if the real measure of success is not in what you get but in what you give. Later on in this post, watch the video below and learn how $10 can give you a chance to transform your perspective and the life of another person on the planet.

There’s a mental snare that catches many of us. The thinking goes along the lines of, “When I have plenty, I’ll give from my excess.” Your willing spirit is being derailed by a misconception of abundance. It is the donor equivalent of seeing the glass half empty. You already have everything you need to be generous.

Years ago, a friend showed me a website called The Global Rich List. You enter an income and it shows you where you stack up in the world in terms of wealth given the 7.3+ billion people on the planet. For example:

  • If you make US$30,000 per year, you are in the top 1.23% of worldwide wage earners and rank as the 73,638,782th top wage earner.
  • If you make US$60,000 per year, you are in the top 0.19% of worldwide wage earners and rank as the 11,425,778th top wage earner.
  • If you make US$100,000 per year, you are in the top 0.08% of worldwide wage earners and rank as the 5,067,405th top wage earner.
  • If you make US$225,000 per year, you are in the top 0.04% of worldwide wage earners and rank as the 2,359,669th top wage earner.

Chances are that if you’re reading these words, you are in the top 2% of the world in terms of income. You have an abundance already. You’re just seeing a 100-ounce glass that’s missing 2 ounces as being 50% empty. In other words, by financial standards, you are successful on the scope of the planet.

Avoid getting caught up in what you don’t have. Appreciate what you do have and become a better steward. Give from your existing abundance.

The $10 Idea to Make A Difference

Ready to put your newfound nearly full glass of abundance to work? Here’s an idea for you. Find a meaningful way to give away $10 to any charity or person you meet today.

The only attached string is that I want you to feel the prompting of your spirit that this will be meaningful to the person receiving it. It can be a gift of charity, or of appreciation, or simply a love gift. It can be a stranger or someone close to you. There are no rules except you need to feel prompted to do it.

Repeat The $10 Idea again if you feel prompted.

Top 2%er in the World … Need an Idea? How about Clean Water?

Keri Kuffel, my friend, is running in the Orlando Utilities Commission half-marathon to raise money for charity:water. I’ve given $25. How about you? Please donate $10+ to her effort using this link.

The Bible tells us in Luke 12:48b (NIV), “From everyone who has been given much, much will be demanded; and from the one who has been entrusted with much, much more will be asked.”

You are successful. You have abundance. Practice stewardship and generosity for you have been entrusted with much, especially as a top 2%er. 

How Do You Manage Disappointment?

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Disappointment is inevitable but it need not be debilitating. How you manage it, however, is a choice with profound implications to your well-being, relationships, and opportunities. The easy route is to react negatively and stay there, but what good is that? You have a better choice. What words of advice have you heard for getting unstuck when you find yourself disappointed with something important?

I got to thinking about the word: disappointment. It led me to this chain of words: disappointment > disappoint > point > appoint > appointment. The common word is “point” as in a mark or dot or direction. When we’re disappointed, the mark has been missed. It does, however, provide an opportunity for redirection. What if disappointment is really intended to direct us to a greater appointment? So when we stay in a negative place, aren’t we the ones who increase the price of the initial disappointment and risk missing where we’ve been appointed to shine?

What works for you in managing disappointment? What you have to say may be the very words that help transform another person’s perspective. Be courageous and share your ideas when opportunity arises. Now don’t disappoint me!  : )

Check out this 10-minute excerpt from a keynote address I did where I was talking about changing the punctuation point in your life from a question mark to a statement to an exclamation point.

Need help going from a question mark to a period to an exclamation mark? Read The On-Purpose Person and get one of the companion workbooks.* Better yet, engage an On-Purpose Professional to coach you through the process of becoming an on-purpose person in creation.

*On-Purpose Peace is a workbook for Christians.