Home > Career Life, Diversification, Success > How to Succeed in Life with the Help of Peter Drucker

How to Succeed in Life with the Help of Peter Drucker

peter drucker how to succeed in lifeI was reading an article in Bottom Line about a guy named Peter Drucker.  The title of the article was How to Succeed in Life – From the Man Who Taught the World How to Succeed in Business.  I’d never heard of Peter Drucker until this article and I came to find out that he was known as the “father of modern management.” He knew when he was doing when it came to business, but what people didn’t know about him was that he was also highly successful in life.  Stop and think about that statement for a second.  He was successful in both business and life.  Yes, I know it’s hard to believe for some of us, but business and life are two very different beasts and we have to attack them both if we want to be successful.

In the article, Bruce Rosenstein, author of Living in More Than One World: How Peter Drucker’s Wisdom Can Inspire and Transform Your Life, identifies three of Peter’s core life strategies.  I’m going to share these three strategies with you and try to relate them to the topic of Professional Diversification:

1. Live in more than one world.

Most people think the best way to be successful is to find one thing you’re good at and roll with it.  Peter Drucker advised against this focus, suggesting that you should find at least one interest outside your primary focus and turn it into more than just a hobby.  This is exactly what I’ve been talking about with my Potential Careers.  I’ve identified some of my favorite hobbies and learned how to be successful in each one of them.

Drucker found that people who have only one goal end up unhappy for a number of reasons.  Having only one goal leaves no fallback position should you be dealt a setback.  This is the whole idea behind Professional Diversification.  You’re trying to protect yourself if you happen to get laid off.

2. Choose a nonfinancial primary goal.

We all love money and I’m sure we all wish we had more money, right?  Unfortunately, money can’t buy you happiness.  This is exactly why Drucker felt a financial primary goal was unfit for a successful life.  People will go out, make a million dollars, and then have a desire to make even more money or wonder why they don’t feel fulfilled.  Instead, Drucker suggests choosing a nonfinancial primary goal, like maintaining a happy, loving family or choosing to treat everyone you meet with respect.

I wrote a post a while back about The Definition of Success.  How do you define success?  By the number of cars you have or how much your house is worth?  Or by how happy you are doing what you do?  I felt success was a split between the two, in which each individual has to decide how much of each equals success to them.  This is the same concept as choosing a nonfinancial primary goal.

3. Know and develop your core competencies.

Core competencies.  Think about your core competencies this way.  You figure out what you’re good at and how you can provide value to others.  You make a list of all these thing and what do you get?  A Professional Portfolio, of course!  See, I told you I wasn’t crazy.

Image Credit

Webpage Credit:
Bottom Line Secrets
Peter Drucker – Wikipedia
Bruce Rosenstein – Blog

Related Articles:
How to Succeed in Life – From the Man Who Taught the World How to Succeed in Business


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