Early Retirement and the Growth Mindset
Early Retirement and the Growth Mindset
By the time you read this post, I will be in the hot seat. I will be in a hotel somewhere, away from my home, waiting to get up in front of hundreds of doctors and tell some of my most intimate stories. Alone on stage. Vulnerable. Months of practice coming to a head. I will be on the hot seat for no other reason than I have chosen to be. There is no need for the speaker’s fee. I am not being compelled by a third party. And I am petrified. My heart is racing just thinking about it. My confidence ebbing and flowing. As you read these words I may be on stage making a joke, choking with emotion, or sputtering to get the words out. It is the great unknown. But just because I am beginning to close the door on my career as a physician and pull back my clinical practice, it doesn’t mean that all progress has stopped. There is such a thing as believing in both early retirement and the growth mindset.
I’m ending one chapter of life and beginning another. This new chapter will still need to have plot and structure, A beginning, middle, and end. If I am to be the protagonist of my own story, I still have to strive.
For striving is life.
Purpose
I preach about finding purpose, identity, and connection in our everyday lives regardless of where we are on the financial independence spectrum. Yet this message is often met with resistance.
How do I find my purpose?
Although not such an easy question to answer, I know how I found mine.
I became a doctor because my father was one. When I lost him at the age of eight, it made me even more certain of my career path. I built an identity and sense of purpose around becoming a healer. Each step towards my goal a reaffirming of who I was.
And indeed, over the decades, the thing that I am best in the world at is doctoring. It was with great heartbreak that I realized that it was not my purpose.
Years ago I started a business selling art work. Unfulfilled already by medicine, I was searching for new experiences. When buying a painting for my new house, I realized there was a cheaper way. This became the kernel of a business. A website. To promote this website I needed a blog.
Writing a blog about art was loathsome. So much so that one day instead I wrote about medicine. Then I scoured the internet for medical blogs . Then I wrote, and wrote, and wrote.
I wrote till the keys on my computer wore down.
I found my purpose. To write. Communicate. To stand in front of hundreds of people and tell stories.
In order to embrace early retirement and the growth mindset together,
I will begin again.
The Growth Mindset
Many interpret early retirement as a contracting. My half retirement is contracting my practice to half its former grandeur. I think in the exact opposite terms.
I’m looking to expand.
This keynote speech I am going to give scares me. It makes me vulnerable. I will open myself up to all the glory of the perfect execution, or the failure of too many missteps.
Because financial independence is not an ending, it is a beginning. A time to achieve, and align yourself to your unique purpose. Whatever it is.
If you don’t know your purpose, than it is time to start searching. It is time to start saying yes to every new opportunity, travel to new places, and meet new people .
It is time to explore both early retirement and the growth mindset.
Final Thoughts
Some parts of my life are slowing down while others are ramping up. This new change in my work life is not just an ending, it is a beginning. Although my career is contracting, my purpose must expand. I must embrace that which gives me meaning and identity.
I must embrace both early retirement and the growth mindset.
My God I’ve created a monster! You sound just like me! (just teasin)
I would be honored to sound just like you.
I think you are just pivoting and now headed in a new, exiting, and hopefully fulfilling direction. I have given some small speeches in my time, I actually find it a nice challenge and shock to the system from my day to day work. Would be nice to be invited to some of the larger conferences and have expenses paid, speaker fee, etc. Then I would know I have made it 🙂
I think you are right about pivoting. The speaking gig is fun but time consuming.
I was the shyest guy in school growing up, couldn’t even give an oral book report to a class of twenty people without stammering and feeling like I would die. Then one day a youth leader asked me to be the lead in a play we’d end up doing a dozen times in front of thousands of people. I thought he was crazy but at the same time I knew that it was a gut check, a test of who I maybe could be. I said yes, and I was actually pretty good on stage and my whole life changed. I went from shy nerd to reasonably popular teen, got a hot girl friend and later a great wife and great career and began to speak every chance I got. I’ve done keynotes for thousands of my peers, testified on camera to the House and Senate in DC and it all went back to that first “yes” to be in that play. I often wonder how lacking my rich life would have been if I had taken the safe route and said “no”. The thought of how easy that would have been terrifies me! Now you are no shy teen, you are a wonderfully expressive and brilliant communicator, just with a few butterflies. I think you will love this experience and it may open some doors for you that you never expected. There are performers hiding in a lot of us, just waiting for a chance to get on stage!
I definitely think there is a performer hiding inside of me.
Find your purpose or start searching — I love it. I’m more of a searcher and it’s sort of like travel to me. Since leaving work I’ve joined a Taiko drumming group, rebuilt a foreclosure house, taught myself website design, took courses at community college on Color and Design, Video and Audio production.
The audio class required us to do a local radio show and that was an experience that felt like you describe. I always felt the unknown between possible embarrassment and success. It was fun and I grew a lot in the process. I think you have such a good idea on how to proceed into your new life!
So when are you going to start a podcast?