I am currently reading Become Unmistakable: Start The Journey From Commodity To Oddity by Michael D. Novakoski and John M. Parker. One of the chapters started with a study that I thought would be interesting and beneficial to share with everyone.
As CEO of E&V Construction, a large construction company based out of Michigan, it’s a study that Novakoski has taken to heart and has instilled into his leadership team. The findings in this study have not only allowed Novakoski to become a successful leader, but they have also helped him to build somewhat of a construction empire – an empire that continues to grow at a rapid pace.
Laura Nash and Howard Stephenson, of the Harvard Business school, conducted a study in which the objective of the study was to find out what made people feel successful in life. Not just temporary success, but a sense of real success.
After interviewing 60 incredibly successful professionals, surveying 90 of the top executives who attended Harvard Business School and observing many other successful professionals, they decided to put their findings to the test.
In more than a dozen sessions with anywhere between 50 to 100 executives in each session, it safe to say that they had found the 4 components of success.
4 Components of Success
Here are the 4 components of success that are necessary for individuals to succeed, as well as how each component can impact an individual’s success.
First Component of Success: Happiness
Happiness is a mental or emotional state that includes positive or pleasant emotions ranging from contentment to intense joy.
In terms of happiness and success, we need a sense of happiness in order to feel successful. If we do not experience happiness in what we are doing, we will not feel positive emotions or joy in our work, all of which need to be felt in order to feel successful.
Sure, one can argue that not all successful individuals are happy, and that’s very true. But successful individuals who are not happy will never quite feel successful, or at least as successful as they would feel if they were happier.
Happiness creates long-lasting success. It prevents burnout, it makes work and success more enjoyable, and overall, it leads to a life better lived. Without feeling a sense of happiness, one will never truly be as successful as they could have been had they of felt that sense of happiness.
Second Component of Success: Achievement
In everything that we do, there has to be a goal for us to achieve. If we do not have a end-goal to achieve, we would not be able to stay motivated to continue to push forward for an extended period of time.
Success is no different. It is a thought and a feeling that we want to achieve. We all have a different definition of what it means to be successful, but it is the idea of achieving that vision of success in which we have instilled into our minds that keeps us going.
Third Component of Success: Significance
In their study, Nash and Stephenson also found that significance played a role in one’s success. While we all want to achieve individual success, we also want to achieve that success by impacting the lives of more than just ourselves. The more people we impact and touch, the greater sense of success we feel.
Think about it for a moment. If you were a doctor and saved somebody’s life, you would probably feel successful in knowing that you made a significant impact on somebody’s life. But it is the desire to save more lives that keeps you going back to work every day. If there were no more lives to save, what would your purpose be?
The bottom line is that the more significance we have on the lives of others, the more successful we will feel.
Fourth Component of Success: Legacy
We are only on this planet for a certain amount of time. Our legacy is the only thing that is going to be left behind once we pass.
While we may feel successful from achieving our goals and desires while we are alive, the sense of true success comes in knowing that whatever it is that we are doing on a daily basis is impacting not just the lives of those around us today, but also the lives of individuals for generations to come.
How to Apply The 4 Components of Success to Your Life
All too often, we get caught up in the pursuit of instantaneous success. We want to have all of our dreams achieved in the blink of an eye or all of our goals accomplished with the snap of our fingers. What we fail to realize, however, is that success is not instantaneous. Success is an on-going pursuit, one in which if we truly want to experience, we need to be willing to work towards each and every day for the rest of our lives.
If you want to be successful, don’t worry about becoming the wealthiest person on the face of the planet, or having the biggest mansion, or driving all of the fancy cars. Worry about making a positive impact on the world around you and on changing as many lives as you possibly can. Worry about achieving goals that bring you happiness, achievement, significance, and ones that will create a legacy. That’s truly how you are going to find success in your life.
Before You Go
Passion and impact fuel everything that we do. If you want to be successful in your life, then you need to do more of the things that you are passionate about, and things that will not only create a positive change in your life, but in the lives of those around you as well.