Can your passion lead to an increase in your net worth?

[Faisal2202]

There are many diverse opinions about following one's passion and wealth. I read two stories of people who followed their passion, and in a short period of time, the businesses became very profitable.

The people in these stories followed their passion and created wealth through it. What is your opinion on following one's passion in relation to wealth? Can your passion lead to an increase in your net worth? If yes, what is stopping you from following it?

The only thing that is stopping me is, i haven't find my passion yet. I am more like a person who wanted to acquire many skills but now i came to know that i can not do that until i have hundred percent grip on one skill only then i should move to others. So the main things is i had not chooses any field as my passion yet. But i think i like to write article because for writing article i have to do many research and that research have helped me a lot in my university exam that somehow till now i was able to maintain a CGPA of 3.89.

The above examples are definitely motivating and we should learn from them. Following your passion is not an easy task, for the first example, defossey must have saved so much money to run his business from scratch and that money is the main cause for many people to start following their own passion. So, many just stick to their 9 to 5 jobs. Same, goes for the second example, the sean audet must have faced a lot of Financial pressure and of course family pressure too if he likes to pay black tax.

And yes, if we will follow our passion one day we will be enjoying our journey to make our passion come true and of course during that journey we will be making money too.

[1714647500]

1714647500

[mindrust]

There are many diverse opinions about following one's passion and wealth. I read two stories of people who followed their passion, and in a short period of time, the businesses became very profitable.
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Passion is probably the most important thing you should have if you want to be successful at doing anything. Passion and determination. Giving no fuck to the naysayers but also being wise enough to listen to the people with good knowledge.

There was a very good example in a movie, "Forrest Gump".

Bubba was obsessed with shrimps and it didn't matter if he was in the middle of war or his sleep at night, he was always talking about shrimps. He knew every little fuckin detail about shrimps. After the war, Bubba started his shrimp business and became a very successful shrimp-man.

Shit like that really happens.

[Davidvictorson]

Oftentimes, I wonder if money is removed from the equation, would we still be as motivated as we are? I wonder if following our true passion is actually for the pure pleasure of wasting away at the thing we truly love, and not for the financial gains. Many people have followed their passion, and it led to increased net worth, but this happens when the environment supports it. However, following one's passion requires bravery and courage because you do not know if the outcome would increase your net worth or not. You do not know how long it would take to achieve it. And there is also the fact that if you abandon everything and follow your passion and fail, people will laugh at you.

So, I say before you throw in the towel to follow your passion, have a plan in place. Everyone I have read about who followed their passion made a calculated and strategic plan. That's why we read about them. There are also those who blindly followed their passion and failed, whom we don't read about.

[EluguHcman]

Well... You did not talk about how much they made in their previous job other than their current jobs.

However,  every hustlers are aimed to have a continues of increases in their prospective business. This is why people leaves one job opportunities to the other.

Hence, your passion may not lead to an increase to a net worthy rather it gives you a devoted confidence boosting your  nomenclature desires on a particular field.

Your passion would encourage you to feel relax, staying focused, boosting your moral with a Strong like of loving your job and settling so passionately on that field.

Your passion would earn you tirelessness, multitasking and even feel welcomed during difficulties and  encountering work overloaded.

Your passion would energies you go extra mile robusting your ego equivalent to earn you increases on a net worth.


I have always look forth being a military. Air force or a Naval office precisely.
After many attempts without succeeding due to the nature of the country Nigeria I am in, at most scenero in a competitive carrier recruitment, you must have a higher personality at the top which I don't have and this had jeopardized my dream of being a military.

My passion of being a military is beyond margins that I says to myself that it is best to me being on the military uniform where I can earn a one-third comparing to any huge amount to be earned if working in an oil sector or for the government.

This is what a passion is. You don't go for increase of your net worth but for the love and for what you finds joy and enjoys doing at any of it's nature and condition.

Passion would aim to gain you professionality and creativities towards a field then if it terms to offer you increase in your net worth that would be a pocketable bonus to you.

[dothebeats]

I'm someone who believes that we can make money in various ways and places as long as we know how to take advantage of an opportunity. Afterall, no matter how trivial our passion is, there will always be a community that will be willing to spend money for it. You have to be creative and see your passion as an outlet of opportunity, do not box yourself in the idea that you are the only one enjoying that specific thing or that you like it only because it's fun and gives boost of happiness. You have to see it as an opportunity, you have to view it with a mind that is willing to experiment, find ways, search for opportunities in that specific area you are passionate about.

[$crypto$]

Desire and ambition of course can still be one part to make you more passionate and excited but of course in this case there needs to be capital and careful planning and with some considerations.
The story you told seems to be a good thing and can be a good encouragement. but on the other hand, we also have to realize that they don't live easily and that only a happy picture is shown not with a picture of difficulties and some other worst possibilities.
A small example in this case is Colonel Sanders who we may know that he is someone who owns KFC with a brand value of more than $12 billion in 2020.
His story is so inspiring because by selling fried chicken alone he can become very rich but in fact he also has many sad stories such as failure in business, trade competition and even his recipe was rejected more than 1000 times before he could finally become now.

Having passion and determination when reflecting on some of the cases of billionaires is certainly a good thing but in this case you need to remember that it is not easy and needs a mentality as strong as steel to make us successful. When only expecting success only with ambition without having other qualifications it could only be an empty hope because the ambition we have is not accompanied by skills or qualifications in that field.

[rat03gopoh]

@Op, you shouldn't just take 2 examples if it's not a rare story that only a few people experience. Passion isn't always going to have high commercial value, so it's a concern for people. Today in some low-income countries, people just want their daily needs to be sufficient, compared to the example you took that might come from someone with good economic preferences who have lots of ideas and opportunities to make it happen.

[Jatiluhung]

I'm someone who believes that we can make money in various ways and places as long as we know how to take advantage of an opportunity. Afterall, no matter how trivial our passion is, there will always be a community that will be willing to spend money for it. You have to be creative and see your passion as an outlet of opportunity, do not box yourself in the idea that you are the only one enjoying that specific thing or that you like it only because it's fun and gives boost of happiness. You have to see it as an opportunity, you have to view it with a mind that is willing to experiment, find ways, search for opportunities in that specific area you are passionate about.

Everything really depends on how we can see things from a different perspective. If we have a broad point of view. then we can more easily see something as an opportunity. Even a desire can be exploited if we see an opportunity in it. but if in desire we don't stand a good chance. then I prefer to avoid it. unless we can create our own opportunities in a business. Creative and innovative ideas are needed to make it happen.

[isaac_clarke22]

The people in these stories followed their passion and created wealth through it. What is your opinion on following one's passion in relation to wealth? Can your passion lead to an increase in your net worth? If yes, what is stopping you from following it?

This is kinda mixed and it depends per individual, OP. I haven't heard who Sean Audet, but good for him being able to launch a photography sideline. Whatever passion he has in photography is still surely burning. Some people just tend to burn out in their passions and they chase different interests whenever they do.

Think of it this way, doing passion in your free time as hobby is entirely different from doing your passion with a set of deadline and demand. Somehow I haven't felt that burn out from writing codes even if it is frustrating to solve problem sometimes. Some people in my field do stop whenever they felt their passion burning out.

[Synchronice]

There are many diverse opinions about following one's passion and wealth. I read two stories of people who followed their passion, and in a short period of time, the businesses became very profitable.

In story 1, Defossey left a job at Apple to open a BBQ restaurant in Mexico City. It made $9 million in sales last year. In story 2, Sean Audet, a 30-year-old, spent $0 launching a food photography side hustle, and now he brings in $134,000 a year.

The people in these stories followed their passion and created wealth through it. What is your opinion on following one's passion in relation to wealth? Can your passion lead to an increase in your net worth? If yes, what is stopping you from following it?

Following your passion doesn't guarantee increase in your net worth. It depends on what is your passion but more likely it depends on how you can monetize your passion. You can pretty much clean streets and earn more than doctors and software developers if you know how to monetize it. The modern world gives us the possibility to monetize absolutely everything, people even monetize what they eat.

One easy example that I can tell you is UFC. Before Conor McGregor, UFC athletes were struggling, including Conor too but Conor managed to make fighting profitable by introducing trash talk while still kicking his opponents asses.
There are really endless examples, everything depends on you. You can be a person with millions of dollars and be incapable to make a profitable business and there can be a person with average income and create a multi billion dollar business. I don't think we can advice anyone to follow their passion or work 9-5 job because it's very individual, some fail and some succeed.

[Promocodeudo]

Passion is what you love doing that makes you happy, do we know that some persons have passion for bad things, so how do we classify this set of people?

My question is

do people need or crave what you have passion for?

do you have the knowledge of what you have passion for?
 
can you deliver if people decide to patronize you based on what you finally settle for?

What if it is prohibited stuff that someone has a passion for, how does such a person make money from it

Passion should come with full knowledge, having a passion for anything does not determine income inflow, because as much as I can remember people have passion for irrelevant things, so should such a person expect money from such, the answer is a capital NO.

 

[Dimitri94]

The way passion is talked about in the mentioned two stories is reflected in reality in few people. But there is no way to deny such an occurrence. Among those whose passion works intensely and who are able to implement according to their desire, many have become successful, but there are many who work hard but their dreams are get broken. I think everyone should prioritize their dreams but here the decision should be made considering the difference between emotion and reality.

[Z390]

Passion without being wise aka lack of knowledge is still going to birth nothing but a low success rate, you can have a passion to become an electronic store owner, or you can have a passion to become a drug dealer, and look at bigger mentors like Marcola or Pablo Escobar, there are passions for crime and serial killing too, so passion doesn't automatically mean something good or bad.

In whatever you decide to do, motivation should be the last of them all, you need consistency, disciplined, and knowledge, don't ever feel like you own them all, because they are endless, you need to keep seeking them nonstop.

Whatever is going to work, people around you will try to ruin your motivated spirit and if all you have is motivation, it will go away very quickly as if you throw a lamp through the window, do not let anyone who don't know why they exist talk you out of what you so much believe in, they can't see what you saw.

[Wend]

@Op, you shouldn't just take 2 examples if it's not a rare story that only a few people experience. Passion isn't always going to have high commercial value, so it's a concern for people. Today in some low-income countries, people just want their daily needs to be sufficient, compared to the example you took that might come from someone with good economic preferences who have lots of ideas and opportunities to make it happen.

I don't even remember what I was passionate about and loved when life got harder and harder, and all I could think about was doing any job as long as it brought me lots of money. Currently, my job is stable and gives me a decent income, but if someone asks me if I am passionate about it, I will say no. But it's giving me a better life than many people, so it can be my passion, as long as it makes money for me, I'll be passionate.

[bayu7adi]

Do not overlook other variables, for passion alone is insufficient to ignite one's success. You require capital, family support, close friends' backing, a conducive environment, positive companions, and much more. Everyone possesses passion, but not everyone achieves success through their passion.

The tales of individuals succeeding through their passion arise from having a supportive environment. People will also experience weariness when they must pursue their passion every day without earning enough to sustain themselves.

[Pejoh Asu]

As normal human beings, of course we desire to be rich, it can be said that wealth is the most important condition for happiness because nowadays almost all goods and services must be exchanged for money so that without good finances it will be difficult for us to be happy.

[xSkylarx]

@Op, you shouldn't just take 2 examples if it's not a rare story that only a few people experience. Passion isn't always going to have high commercial value, so it's a concern for people. Today in some low-income countries, people just want their daily needs to be sufficient, compared to the example you took that might come from someone with good economic preferences who have lots of ideas and opportunities to make it happen.

I don't even remember what I was passionate about and loved when life got harder and harder, and all I could think about was doing any job as long as it brought me lots of money. Currently, my job is stable and gives me a decent income, but if someone asks me if I am passionate about it, I will say no. But it's giving me a better life than many people, so it can be my passion, as long as it makes money for me, I'll be passionate.

That is really life; we sacrifice things just for the sake of our family. For sure, you are doing that for your family; you just took that job because it has a high salary, and you learn to love it. We are in the same situation, but mine is that I would say it is still a good pay but not enough based on what I've been doing, but still, because of my family, I need to do this job even if I don't like it. The problem with this is that I don't enjoy it, but I just use my family as motivation.

[Adbitco]

Sometimes what profits others will never profits you or what favors others would never favor you. Hence, following ones passion doesn't only guarantee's your success but it also shows how dedicated you are by following your passion in other words, we can call it instincts.

Whatever your instincts ask you to do something follow them and adhered to instructions as it is, otherwise you can still quit your job and followed your passion business or whatsoever and never becomes successful in life.

When you focused in pursuing your dreams, it automatically makes you to draw success closer to you why because your are passionate about what you want and what you have ventured into. Especially when you are working and chasing your dreams without getting tired of working for it, perhaps any business and works you often find yourself too hard to work on or by stressing yourself while going to work is not your dreams job.

A job is something you should be doing with ease without any emotional discomfort and weakness whenever it's time for work. As man be it woman, are meant to work on job you finds pleasure of going to work. Therefore, our desires and passion is what actually leads to increase our income by whichever net worth is being achieved.

[MFahad]

I think interest play a vital role in this case because in some business in which you don't take any interest you will not be able to make huge profit. Other thing is a behavior if you speak in a good manners to others then you will receive fruitful results from your business because your words have a great impacts on others decision.

Passion is what you make you successful like someone have passion about trading and investment so they will learn more easily and will be interested in getting all the knowledge about it which will cause them to get good revenue. People have lots of opportunity but one will select that jobs which he likes and know how to handle the things.

[Flexystar]

I think yes it can make significant difference within the person. Since it’s a passion one can easily reach the goals quicker because they are clear and straight. When a person opens any random business then there might be many challenges that could come across. For example, learning the new business, learning new skills may be, starting from scratch and much more. However, if you see the examples above then they followed their dreams. They followed something that they know very well and hence the path was more easier and lucid. I would definitely vote up this situation as compared to the non passionate use case.