Ah, the old question. Should you do what you love or should you do it for the money?
You see, my friend is in an interesting position. He knows how to “make money online” and he has coaching clients that pay him $250/hour to teach them the “Secret formula” to make $$$ and all that jazz.
But he doesn’t like it. He’s not passionate about it.
He doesn’t talk about it when we sit down for dinner. He doesn’t get the spark in his eyes thinking about it. He didn’t dream about it when he was a kid.
It’s just not “his thing”.
So what the heck is “his thing”?
People (myself included) always come to him and ask him about health. For years. He loves talking about it and he’s extremely knowledgeable about the topic. But you see, in the health niche people generally pay a lot less for coaching or online products. So why bother?
A course about making money online for $997? Sure, sign me up, let’s do it.
A course about being healthy for $197? Get out of here, that’s too expensive.
Ah, the human mind, isn’t that a funny thing.
So what the heck do you do?
Do you follow your passion or do you follow the bling-bling?
The short answer is, I don’t know.
The longer answer is, I don’t know, but I have an idea.
Look, let’s keep it simple here. When I look at the world’s richest people, and at my role models, they all love what they do. They all would do it even if there was no money involved. Hmm, interesting.
And further than that, a lot of them say that if you don’t love what you do then you won’t make a lot of money with it.
“If you’re doing something you love, you’re more likely to put your all into it, and that generally equates to making money.” – Warren Buffett, $60B, #3 richest man in the world
“Paul and I, we never thought that we would make much money out of the thing. We just loved writing software.” Bill Gates, $75B, #1 richest man in the world
“Do something you’re very passionate about, and don’t try to chase what is kind of the ‘hot passion’ of the day” – Jeff Bezos, $45B, #5 richest man in the world
Aha, now that’s a breakthrough. So, it goes together, passion and money/success, a win-win situation. You love what you do, and in the long term you’ll make money with it.
Well, that’s good news.
Going back to my friend’s example
So short term, he’ll make more money with the “make money online” niche. BUT, long term, he’ll make more money and be happier teaching about health. What? Don’t look at me, that’s what the billionaires say, I’m just the messenger 🙂
What do you think? Let me know in the comments
P.S. I love you