Meaning is about the past and the stories we tell ourselves about our lives, while purpose is about the present and future, focusing on actions that bring fulfillment. Purpose is created through meaningful actions, whereas meaning is derived from our thoughts and reflections on our past.
Big P Purpose is goal-oriented, associated with a scarcity mindset, and often leads to anxiety and disappointment due to its high fallibility. Little p Purpose is process-oriented, focuses on daily activities that bring joy, and is associated with an abundance mindset, incremental gains, and long-term happiness.
Big P Purpose often involves setting lofty, hard-to-achieve goals that can lead to disappointment and anxiety. Little p Purpose, on the other hand, emphasizes enjoying the process of daily activities, making it more sustainable and fulfilling, even if the ultimate goal isn't achieved.
The tools include money, relationships, youth, energy, passions, and skills. The levers are the joy of addition (adding purposeful activities), the art of subtraction (removing tasks you loathe), and substitution (changing jobs or roles to align with your purpose).
He recommends using tools like money and relationships to reduce time spent on unfulfilling work and adding purposeful activities during free time. Additionally, subtracting tasks you dislike at work or substituting them with more enjoyable ones can help create a more balanced and purposeful life.
Interpersonal connections are crucial for happiness, as they provide a sense of community and belonging. Pursuing Little p Purpose often leads to these connections, as engaging in activities you love allows you to show up as your best self and build deeper relationships.
He subtracted tasks and roles he disliked from his medical career, such as general practice and nursing home work, and focused solely on hospice care, which he found deeply fulfilling. This process helped him clarify what truly brought him purpose and joy.
First, purpose is abundant and can be found in everyday activities. Second, purpose is not something you find but something you create through meaningful actions. Third, money is just one tool among many, including time, energy, and community, that can help build a purposeful life.
Winning the game means spending as much time as possible doing activities that bring joy and fulfillment, and as little time as possible on tasks you loathe. It’s about maximizing the value of your time by aligning your daily activities with your sense of purpose.
The FIRE movement helped him understand how to use his financial independence to transition away from a job he didn’t love and focus on activities that brought him purpose. However, he emphasizes that financial independence is just one tool, and other resources like time and community are equally important.
Today we’re diving headfirst into a question that has sparked both inspiration and existential angst for centuries: Finding your purpose. It’s a daunting idea, isn’t it? Purpose can feel abstract, elusive, and ever-shifting — something we’re constantly chasing but rarely confident we’ve fully grasped.
Dr. Jordan Grumet, author of The Purpose Code: How to Unlock Meaning, Maximize Happiness, and Leave a Lasting Legacy) has answers — and thankfully they’re not as complicated as you might think.
CHAPTERS:
**00:00 **The evolving nature of purpose
04:00 The difference between meaning and purpose
07:00 Little p and Big P Purpose
22:00 Finding purpose using the magic of subtraction
33:00 Mailbag Question 1: Retirement benchmarks vs. life priorities
41:00 Mailbag Question 2: Rebalancing portfolios near retirement
TAKEAWAYS:
Purpose is created through meaningful actions.
Rather than chasing lofty, big-picture goals, you should engage in daily activities that bring joy and fulfillment.
Leverage all available tools—time, energy, community, and passions—to build a life filled with meaning.
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