It’s October, and that means we’re about a third of the way in to our “The New Way To Work” contest. Our Facebook Fan Page and the #new_way_to_work hash tag are heating up, and we’ve already seen a number of great submissions come through (expect a lot more highlights coming soon.)

Today, we’re spotlighting an entry from “America’s Business Coach” Victor Cheng. His written blog entry dissects what The New Way To Work means to him personally, how it affects the “Traditional Success Paradigm”, how you can define your own new way to work, and how you and make the transition. Here’s an excerpt (from www.victorcheng.com):

A New Way to Work – Shatters the Traditional Success Paradigm

If money doesn't buy happiness and money doesn't even buy more free time, then what's the point of focusing exclusively on making more money? And if it's pointless to focus only on making more money, then what else should one focus on instead?

After reflecting on this one for a while that I came up with the concept of the Lifestyle Business — which is really an entirely new way to work.

In a traditional business, the entrepreneur works like a dog and whatever time and energy she has left over is devoted to her personal life. And surprise, surprise, the entrepreneur has the rude awakening one day that she has no life!

The business first, personal life second approach results in petty much no personal life.

The idea that one day I will have the life I really want is an illusion. If you don't live the life you want right NOW, the research suggests you probably never will even if you make a lot more money in the future.

In contrast, a Lifestyle Business is one that is designed around your ideal lifestyle. You choose the lifestyle you want and then you build your business around it.

Lifestyle first. Build business to support lifestyle second.

This is the new way to work.

Sounds like Victor has got The New Way To Work down pat. So, what’s your take on it? Write something up! Or video it, or design it! The choice is yours.

Stay tuned for more submissions, and keep up the awesome work!

Links:
Victor Cheng - A New Way To Work
Elance Blog - Contest: What Does "The New Way To Work" Mean To You?
Facebook - Elance
Twitter - @elance