Why Passion Is Worthless Unless It Translates Into THIS…

One of my (very few) complaints about your book, and your overall philosophy, is your indifference to passion. With this video, you at least explained your view better, that passion is important for motivation.

I think the key that you are missing, is that with passion, you can better understand what your market wants and isn’t getting, and can thus provide it. If 50 people in a town of 100 are baking bread, but you too want to bake bread, then yes – the town does not need more people baking bread. But if you are truly passionate about it, then you can find a new way to bake bread (inventing some new dish), or a new way to present it (like starbucks did with coffee), or a new delivery mechanism (like pizza hut did with pizza), or any other multitude of factors.

Ultimately, you have to find the cross-section of your passion, your abilities, and what the market wants. You can not follow just one of of the three. It has to be a combination of all of them.

If you don’t have passion, you will get burnt out and give up. If you don’t have the ability, someone else will do it better. If the market doesn’t want what you have you will not make any money.

Yes, you need passion. If you want to be a great photographer or carpenter or fashion designer or whatever else for that matter. But passion does earn you money directly. Passion keeps you going to be good or great at what you do. It’s cleverness and research that will monetize interests into money. It’s the skill or innovation or insight that creates a business that can generate income. As an example of mine: A lot of aspiring filmmaker believe they can scrape together a few thousand dollars and create a short film that will be brilliant enough to win at a film festivals and they will get noticed and hit it big; or their feature length film will be so great someone will get it projected in theaters. That’s nonsense. A smarter thing to do would be save and invest $10,000 in to creating a film that is marketable. You can go to distributors and ask them what genre film have sold the most for them, many sell overseas for $30k or more from a $10k budget. Larger budget films sell for a ton more. You can create a site to hype up your film and draw traffic by promoting a trailer on you tube. Sell a DVD version on your site and add tons of behind the scenes footage on how the film was made for so cheap. You can create training material on DVDs or eBooks for amateur film makers and have products to sell that can make you money 24/7 and around the world. I have seen this done and I even bought their DVD. Those guys made a killing. I’m sure they put a lot of passion  into their film making; but it’s a going thing they found ways of making money from it.

It makes perfect sense. And there’s another point waiting to be made. One can be passionate about, say, teaching and earn as little as teachers do all around the globe, each month for 40 years.  Many people kind of give up, too tired, too underpaid… even if they keep working, the thrill is not there anymore, so they surredner on the inside while their empty shell still goes to work to provide for the family. That’s why I quit, started a small business in other field, but essentially I love teaching and do it occasionally.  So, what impressed me most here is that this man, who is obviously a great  teacher, was smart enough to start his teaching carreer now when he has made a fortune somewhere else. This is an excellent way to teach without worries. And this is probably the only way to make decent money teaching. Keep up the good work, I’ll enroll in this Academy.
Hi from the Balkans