Knowing When to Say “No”
If you're someone with variable income (wage, commission, bonuses, solopreneur, freelancer, or business owner), there's an obvious upside. When you work more or produce more, you make more. Work more hours, get a larger paycheck. Sell more widgets, get a better commission/bonus. Serve another client, get another revenue stream. There's a direct correlation between your work and your compensation.
There's a shadow side to this, of course. It can be extremely difficult to say "no." If we have the potential to make a sell, we're inclined to do it. If we have the opportunity to grab some overtime hours, we're inclined to do it. If we have the opportunity to take on a new project, we're inclined to do it. While each of these scenarios means we'll likely make more money, there's a very real cost to it. It can cost us our time, stress, energy, physical/mental health, and opportunities to be with our loved ones. But it’s so hard to say “no”!
All these factors combine for one difficult journey. This is the battle millions of people face each day. And to be honest, many of us are losing the battle. This has been an ongoing conversation between Cole and me in our office for several years. We're both freelancers with wives who stay at home. Translation: there's a constant underlying pressure to provide financially. At the same time, we feel the responsibility to be present for our families and play other critical roles inside and outside our homes.
Last night, we went trick-or-treating with Cole's family. We had a great time despite the weather feeling like we were in the dead of winter. As we were walking from house to house, Cole revealed that he said "no" to a highly lucrative shooting gig for earlier that day. It was a hefty sum of cash for a single day's work. It's also worth noting that Cole loves that work. However, he said "no." He wanted to prioritize spending time with his family in preparation for their Halloween celebrations.
In years past, I'm not sure he would have declined such a gig. For this reason, I really admired his decision. This is a consequence of excellence. The better you serve people, the more people want to be served.....and are willing to pay more for the privilege. It's a constant battle, but a good battle.
Each of us must make our own choices along the journey. Saying "yes" is important. It's how we financially provide for our families, as well as add value to others. It's using our gifts and time to make a difference in this world. Saying "yes" is a noble endeavor. However, are we willing to say "no" when needed? Are we able to create boundaries to protect what's most important? Are we able to walk away from money when other things are more important?
This is the tension between meaning and money. It's a delicate dance, but I hope you win more times than you lose. Never forget the meaning. Always meaning over money.