For Love or Money?
Whenever I first visit with a client, I ask them why they are in business. If the first thing they say is money, then I’m automatically concerned about what really drives them. As an accountant, to me, making money is a given. We are in business to make money. If money is your first and/or only reason you are in business then I’m concerned because it is going to take a lot of hard work to make any business the success you want it to be. If you are in it for the love and passion of what you are providing, then the money will come because you won’t see it is as work. Don’t mistake it that I don’t want you to make lots of money, because I do. What I am looking for is to hear the passion and see the drive that will help you achieve your goals of so much more than money.
I don’t think the world is all about money, so I understand if people want to do things because they love it vs making millions. However, the flip side of that, being concerned only about money will rarely bring you the fulfillment you are looking for. Now there is always going to be that oddball opportunity out there where you can just make a lot of money and not care about what you do, because it is only about money. Though reality is that doesn’t happen for most of us. The key is finding balance between passion and making money as we all know lots of people who have had hobbies vs businesses because they didn’t do the hard work to turn their passion into something that could make them money.
I would challenge you to follow your passion and turn it into money. Whatever amount you personally aim for and determine to be successful. Over the years, my definition of success has definitely changed. I find success to be a lot more about quality of life then just about work and who knows your name or product.
I challenge you to think through these questions and ask yourself….is it for love or money?
1. What would I like to do each day…regardless if or how much I got paid for it?
2. What legacy do I want to leave?
3. What advice would I give my child or best friend if they were wanting to follow their passion?
4. How can I make money doing what I love?
5. Do I enjoy each day to the fullest?
The great thing about entrepreneurship is that you can make money doing what you love. Will it be easy? Probably Not. Will it be fulfilling? Absolutely.
Now you may be asking yourself how do I turn my passion into money? Everyone’s path is different. Become a sponge of information and find out how others have turned their passion into money and then spend the time developing the right plan for you and your passion!
Check out this great article at https://www.entrepreneur.com/article/201930 to see how these entrepreneurs turned their passion into money!