Most people sacrifice lifestyle to earn money, it seems to be hardwired in our DNA.
The battle between earning and enjoying is an experience most of us share.
Work-life balance is certainly a big topic in the lifestyle industry.
What isn’t as widely understood is the impact of that choice on… leadership.
Your choice to chase money, or something else.
Your attitude to money affects your leadership when it becomes visible – to your team.
The question here isn’t whether chasing money is good or bad, the question is what are your priorities?
If your top priority is chasing promotion, or bonus or a better job somewhere else, your team will sense that through your behaviours.
You can’t hide it.
Why would you expect your team to engage in your personal financial objectives? Should they be less selfish than you?
Good leaders can be motivated by money, but they seek achievements as a way to get them that money. Many great leaders aren’t motivated by money at all.
Those achievements are what they share with their teams.
The achievement is the thing, whether it brings reward or not.
Good leaders take the risk that the objective they seek won’t bring reward. They believe in the objective.
Poor leaders seek the reward. Poor leaders drop objectives that don’t bring it.
Their teams learn which type of leader they have by their demonstrated commitment to the objective, and engage accordingly.
Chasing money too hard leads to less achievement. For your team and for you.
“…why would you expect your team to engage in your personal financial objectives…?”
How important is financial reward to you?
When you set objectives, how much do you consider the personal reward that success might bring you?
Do you prioritize objectives based on your reward?
Do you drop objectives when they won’t pay for you personally?
Do you talk to your team about priorities based on their financial rewards?
Is money or salary or bonus a regular part of your conversation with your team?
If it is, does it motivate your team, or betray what really motivates you?
How many things are you working on that you know won’t translate directly into money?
What’s most important?
Is money a problem?
.
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“I might be wrong, but at least I’ve thought about it…”