Do You Have a Fireball of Greed?

There’s an incredible story in the New York Times of a greedy, power-driven stock market trader who gave it all up. Sam Polk wrote about his journey that started in college and ended as the head of a non-profit, with a profitable stop on Wall Street on the way there. fireball

What makes his story amazing and a great read is how he discovered how addicted he was to money and the power that seemed to come with it. He said he was a “giant fireball of greed.” He overcame an intense drug addiction to realize that it was just replaced by money addiction.

He says many people in his former profession are wealth addicts, always chasing after money, without attaining satisfaction.

I find this a lot in business. People get addicted to success and they translate that to money. Success is partly about money. It’s one of the ways we keep score. But there will always be someone richer, smarter, or better looking than you.

I define success as being able to support my family at something I love doing. I call it being happily successful. But it’s also important to realize that life is about more than just work and money. It’s all the other stuff that happens. For me it’s karate, my family, traveling, and going to the beach house.

It’s also important to pay attention to the small things. Instead of constantly pursuing something bigger and not being satisfied with what’s already been achieved, look at what’s already there. For instance, it’s been freezing in Chicago, and just having decent heat is great. Many people take that for granted. I remember years ago telling my friend Bob Okabe that my biggest luxury in life was having someone clean my bathroom. He reminded me that for most of the world, the biggest luxury is having a bathroom!

Are you a wealth addict or have a myopic focus? Take a break and look around: what do you have that you appreciate?

By | February 7th, 2014|Success|Comments Off on Do You Have a Fireball of Greed?

About the Author:

Barry Moltz gets business owners unstuck by unlocking their long forgotten potential. With decades of entrepreneurial experience in his own business ventures, he has discovered the formula to get stuck business owners and increasing their sales. Barry has founded and run small businesses with a great deal of success and failure for more than 20 years. After successfully selling his last operating business, Barry founded an angel investor group, an angel fund, and is a former advisory member of the board of the Angel Capital Education Foundation. His first book, “You Need to Be A Little Crazy: The Truth about Starting and Growing Your Business” describes the ups and downs and emotional trials of running a business. His second book, “Bounce! Failure, Resiliency and the Confidence to Achieve Your Next Great Success”, shows what it takes to come back and develop true business confidence. His third book, “BAM! Delivering Customer Service in a Self-Service World” shows how customer service is the new marketing. His fourth book, “Small Town Rules: How Small Business and Big Brands can Profit in a Connected Economy” shows how when every customer can talk to every other customer, it’s like living in a small town: Your reputation is everything! His fifth book, “How to Get Unstuck: 25 Ways to Get Your Business Growing Again” helps every small business owners move their company to the next level. Barry is a nationally recognized speaker on small business who has given hundreds of presentations to audiences ranging in size from 20 to 20,000. As a member of the Entrepreneurship Hall of Fame, he has appeared on many TV and radio programs such as CNBC’s The Big Idea, and MSNBC’s Your Business. He hosts his own radio show on AM560, and writes for American Express and Forbes.