Life's P&L
This morning, a strange thought occurred to me. Is there a P&L of my life also? If so, what insights could come out of a quick analysis of it?
What would a "profitable" life look like? One could argue that a life led for benefit of others would be surely considered profitable. But like most companies, I would like to put my "business interest" first. So,it is only fair that a life which made ME happy should be classified as "well led" life.
Sources of topline would probably be financial success, health, family welfare.
Like any prudent organization with multiple product lines (to diversify the portfolio and make a resilient), we must try to identify multiple sources of happiness in our lives. If our identity and sense of accomplishment is too dependent on one thing (say work), the performance can be full of jerks.
Fixed cost is the investment on our education (our parents are like early stage VCs in our lives, please make sure they are given a hefty return in the form of respect, time and love !!)
Variable costs include stress (all kinds, personal and professional), sacrifices of things we enjoy such as family time, efforts on upskilling. Higher the responsibilities on us (and usually more rewarding), higher these costs.
Lot of us might boast of a healthy EBITDA but the deductions from these earnings might be significant...
Our eroding health is like depreciation. How many of us complain about mental exhaustion, growing waistlines, back pains etc.!
Our ambitions are like the best sales team ever, they keep fuelling the topline. Finding satisfaction and happiness (PAT) is however a function of being mindful of the costs!
So, how profitable is your life' P&L?
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