Bismarck had it all wrong – Retirement blows chunks.

Shut up. Sit down. LIve invisibly. Go out quietly.

I’m working on my third book “Retirement is a Bankrupt Industrial Age Idea” and the research confirms everything I’m seeing in the world around us – the title of my book reflects reality. We’ve got to rethink the whole idea.

The Industrial Age, which is a very short 175 year snapshot of life in the last 10,000 years, left us with a lot of great toys and a luxurious lifestyle, but we’ve paid dearly as a society for it. The whole bankrupt idea of retirement is one of those casualties. You should get a Business Maturity Date instead.

Retirement – The Worst of the Industrial Age
We were sold a bill of goods by Bismarck who thought up the crazy notion of retirement in 1889 (he set it at 70 when the average age at death in Germany was about 49). The entire idea is only 121 years old – for 10,000 years before that we did just fine without it.

It is the icon of the worst of what came out of the Industrial Age – “Shut up, sit down, work hard, live invisibly, don’t talk back, make the company successful, be loyal, and go out without making waves. We’ll take the best 45 hours of your week and the best 45 years of your life, and if you survive all that, we’ll let you do something significant with your life when you’re done.”

The Next Generation Has Already Opted Out
The X,Y and Z generations know this is bankrupt. But they’re still hearing their mothers voice in their ears telling them that the top three priorities in life are safety, security, and stability – all three which are deadening to the idea that anything significant will happen in your life.

Great reward only comes from taking a risk – it doesn’t even have to be a great risk, just take one.

Big Business is Dead, Long Live Small/Local Business
Retirees who bought the lie know by experience it isn’t working. There is a better way. Fortunately the world is actually going back locally.

The era of big business is as dead now as the railroad was in 1903 – neither one of them knew it at the time, but it’s over. Long live the local business owner, which is exactly what they will do – without the bankrupt notion of retirement and all it represents hanging over them.

Read more on what Rieva Lesonsky says about the retirement myth here, then come back and talk with me.

Here’s some ways to solve it, too.

I believe you will enjoy life more, have more fun, relax more, and probably even take more vacations if you never retire. Love to hear if you think I’m nuts.

More – Business Is Like Surfing

Don’t surf with sharks.

  • Take lessons, learn how. – Who’s your business advisor?
  • Never surf alone – Where’s your business community?
  • Don’t surf with sharks – Make your own business rules, don’t play by others’.
  • Stay out of unfamiliar waters – stick to your knitting.
  • Ride one wave at a time – do one thing good first.
  • Watch the weather – pay attention to your market.
  • Balance well – it could all come crashing down quickly.
  • Know where you’re going – plan the next few “steps”.
  • Don’t get distracted waving for the cameras – don’t relax too early.
  • Ride the small waves first – grow into the big ones. Grow into business.
  • Let somebody else make the board – outsource everything.
  • Get advice – Just because you’re wet doesn’t mean there is surf – where is your target market?
  • Know when to jump in – time kills deals.
  • Know when to stay on the beach – big opportunities aren’t always good.
  • Change technique before you decide to quit (it’s not surfing, it’s the way YOU are surfing).
  • Never think you’ve learned it all.
  • Don’t fight a rip tide. – Roll w/ the punches.
  • Know when to go home. – Don’t bet on the come.
  • Paddling is everything – Conation – committed movement in a purposeful direction. – commitment is more important than anything else
  • MOST IMPORTANT – Paddle harder AFTER you get momentum! It’s the only way to catch the wave so you can stop paddling altogether! (see last week’s Business is Like Surfing)

Business is like Surfing

Don’t Float. Paddle Hard. Catch the Wave. Enjoy the Ride.

A long time ago I lived on the ocean and while describing the cycles of business to somebody last week it dawned on me it’s a lot like surfing –

The first thing you have to do is jump in and start struggling against crashing breakers and strong currents. You’re swimming against the tide, diving under the breakers, getting knocked around endlessly, holding your breath too often, and not seeming to make much progress. And you’re dog tired as a reward. Starting a business or any new initiative in an existing business gets you pretty much the same response, doesn’t it?

Once you get past the breakers you are still paddling like crazy against the tide and up the swells and rollers. Most of the time you can’t see much farther than the next wave coming at you and even though you’re paddling endlessly, there are almost no reference points for whether you’re making any progress. Business is the same – once you’re past the initial struggle, the long slog to success doesn’t seem to have any context – is this getting me anywhere? Oh, and you’re tired.

Once you’re finally out where the big ones are forming, you turn around, point yourself at the beach, and after all the paddling against the waves, now you have to paddle even harder WITH THE WAVES in order to catch one going in.

This is where most businesses miss the wave. We paddle so hard against the momentum that when we finally catch some good times and the current is with us, we relax, turn over on our backs and catch some rays. It’s an instinctive reaction and after all we deserve to goof off – we’ve worked really hard to get there. But you’ll never catch the wave that way.

The reason most business owners don’t ever get off the treadmill isn’t because they don’t have the opportunity, it’s because every time they catch some momentum they start floating. When we get momentum, we should be paddling harder then we’ve ever paddled before. When we do, we can catch the wave and at that point you don’t have to paddle anymore, just ride the wave, pose for the cameras and enjoy the ride.

If you’ve got some momentum, don’t float, paddle harder. There is nothing more rewarding or exciting than finally catching the wave. Do you want a business that has enough momentum to regularly make money while you’re on vacation? Wouldn’t it be great to have a business that prints both time and money for you?

The don’t call it “catching” the wave for nothing. It doesn’t just happen. You get out in front of it and paddle like crazy. We create our momentum, THEN we enjoy it when the business gets a life of its own.

Don’t float. Paddle Hard. Catch the wave. Enjoy the ride.