When you think about your goals in your professional life, does the word “success” come to mind? If so, what exactly does it mean to you? Success can be defined in countless ways, so it is important for you to determine just how you measure your own success. In doing so, you are creating a true motivational tool for yourself, a super-objective for your business, and the foundation of a plan to achieve that goal. Today’s post will focus on two ways for you to determine your own success; those are perseverance and passion.

Perseverance – Your commitment to staying the course no matter how difficult things become or what obstacles pop up along the way is a good indicator of perseverance. To really assess your level of perseverance, ask yourself this question and answer honestly: at what point will you give up? For many, the answer to that is “never,” others may have a definite breaking point, and still others fall somewhere in between. It is up to you to decide where you fall on that spectrum, what your goal is, and what you are willing to do to reach it. For example, a recently retired small business owner tells his story of how he decided to leave a very secure job as plant manager of a very large photo processing lab to open his own small lab and retail store. He sat down with his wife every night for weeks after the kids were in bed formulating a business plan and crunching the numbers. It became clear that if the business didn’t take off, they would lose their house and have to move to an apartment. Keeping this possibility in mind always helped him make smart decisions and persevere. Not only did he not lose his house, but he was able to buy a much bigger one in which to raise his family, send them all to college without loans, and kept a successful business for nearly thirty years. Without perseverance, none of that would have been possible.

Passion – Without passion and a love for what you are doing, there is no way you will be able to persevere and find long term success. Your passion will be what constantly drives you to make your business the best it can be. Ask yourself how strong your belief is in what you desire. Dig deep to find the answer to this very important question. The retiree from the example above recounts how passion played a large role in his successful small business career. He knew that he was the best in his field and had areas of expertise that could edge out competition. Seeing flaws in how others did things and knowing he could do them better always motivated him to seek improvement and resist shortcuts. His passion for his field of work and his desire to be the best were major contributors to his success.

Taking an honest assessment of your level of perseverance and passion is a critical step in determining your personal definition of success. These two elements go hand in hand, so don’t underestimate their importance.

What roles do perseverance and passion play in your professional life? Do you consider them crucial to success? Please share your ideas in the comments below!