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

[chrisculanag]

Depending on whether your passion is applicable to your current job, most employers look for accomplishment in workers as well as called passion at work that gives a chance to be promoted. There are many workers who just want to earn money, that's enough for them, just work and don't need to improve themselves. So your expected increase in your salary is vague. Before we hope for the increase we want, let's be honest and diligent in our duties as workers not because we worked, we will just expect an immediate increase.Be progressive to have a chance to move up in work and also in life.

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[stomachgrowls]

Depending on whether your passion is applicable to your current job, most employers look for accomplishment in workers as well as called passion at work that gives a chance to be promoted. There are many workers who just want to earn money, that's enough for them, just work and don't need to improve themselves. So your expected increase in your salary is vague. Before we hope for the increase we want, let's be honest and diligent in our duties as workers not because we worked, we will just expect an immediate increase.Be progressive to have a chance to move up in work and also in life.

Depends on a certain person because not all would really be having that kind of mindset on which they would really be needing to work hard for them to have those promotions specially into those individuals who are working

into a certain company which it is really out their interest or passion but since they dont have no choice but to survive or needing to have some paycheck then they would do the job even if its really that against their interest which this had been a common things that we could really see in todays society.Somewhat on the time that you've been having your work then you would be learning up on loving it until the end.
If ever there's a chance that you could be able to make yourself that effective on a certain field then better apply it out, nothing beats out the feeling on doing things which is really
that including or inside your scope of interest compared to those which aren't which there's really a significant differences in between.

[Smartvirus]

Depending on whether your passion is applicable to your current job, most employers look for accomplishment in workers as well as called passion at work that gives a chance to be promoted. There are many workers who just want to earn money, that's enough for them, just work and don't need to improve themselves. So your expected increase in your salary is vague. Before we hope for the increase we want, let's be honest and diligent in our duties as workers not because we worked, we will just expect an immediate increase.Be progressive to have a chance to move up in work and also in life.

I don’t think the idea is about progression in a current engagement or job attachment. Of course that would come and it happens to those who are diligent in their work but, having alternatives backed by your passion is the idea here.

There is potential in passion and for one to be able to tap into it and convert it to a source of wealth is a skill in which most persons don’t have. Some have got the help they need in other persons, some have got the tools for it while others have got nothing and others have got nothing. Just them passion but, don’t know what or how to go about it.

For sure, most of those who sell them services in the entertainment industry, it’s just passion working out for them. They are still free to have jobs or work jobs but, it’s chiefly passion.

[doomloop]

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.

If someone is serious about their passion and wants to develop it optimally, then that could happen. Net worth may be difficult to obtain without seriousness in preparing, implementing, developing and improving it. because after all, actually this passion also requires hard work and also sufficient capital to support it. But this effort is certainly not easy, because there will definitely be enormous obstacles to becoming something big and increasing wealth. However, if that is indeed our passion, we will usually be more detailed, thorough, passionate, and also never give up with the various conditions and challenges that confront us. especially if it's our passion, surely we will be more than happy to do it. And this passion really needs seriousness, consistency, and smart ideas to develop it.

Passion doesn't require developing, it develops itself when you like doing something and you have a great interest in doing that thing, no matter what it is, it can be a sport, it can be a job, a task, or anything in general, as long as you like doing it, you will have a passion for it, and that passion keeps developing as you get into it more and more, and there will be a time when the passion increases to a great extent that you can't stop doing that thing.

One can never give up their passion no matter what comes their way, there will always be a way that one can use to keep following their passion, obstacles and problems can occur for sure, but one will go through them and get out the other side being stronger and more independent to follow their passion with a fresh start every time.

[Viscore]

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?

I believe that, however, it was not only passion that bring success to them but also they open a business that really suits the needs of everyone - it was a food business and we know that it was a necessity so definitely will grow and give profit especially of manage well. It really depends on what is needed around us because not all of it works well, many had failed also from following their passion and sacrificing themselves to open for others. That is why we have these simple words - "leaving out of our comfort zone". Because we never know there is a great opportunity, yet we are afraid to take it because we are not comfortable enough to do it.

True. The demand of the business also counts like you need to find a business that will definitely suit the interest of the people in that location, and I think having a food business certainly grow and progress as long as the site or location is perfect. Also, when there’s passion, great location, comes consistency on your effort and right marketing. That way, your business will never fail but will continue to progress and developed.

[KiaKia]

Every passions are not about money making or future net worth, many people have passions for things that will make them less money, they can't help but have passion for it, not because of how their lives will change but others.

Some people have passions on things that they found peace with, everything is not always about money.

[Porfirii]

So the question shouldn't be yes or no (OP already mentioned a couple of cases so it IS possible), but how.

Passion is practical sometimes: passionate people are charismatic leaders, virtuous artisans, tireless adventurers... and many times goddess luck smiles to the brave, either with wealth, fame, love or other virtues.

But many times passion without control ends up being impractical, hedonistic and/or self-destructive. So the passionate should ask himself: am I channeling my passions right? exhibitionist children make great actors when they grow up, for example, but others end up in jail

[molsewid]

It actually crosses my mind. Whether to pursue my passion in web3 or go with my career as an engineer by profession. I choose web3, why? because that's makes me happy and also this market is very profitable. So I choose happiness and also a profitable career, it doesn't matter if I studied very hard and long to get that degree, I am happy with my choice now and it gives me peace of mind.

[Stable090]

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?

Yeah if you are having passion for a business and you are able to establish it, then you are going to put more effort just to make it successful, their is always joy in doing what you really having passion for, but before you can be successful you need to have passion for the service that’s needed in the society, because if you are having passion for the wrong thing, then I don’t really know how you are going to be successful. What some people are having passion for, they don’t have the financial capability to establish it, so that’s why most people don’t really go into what they are having passion for.

[Oasisman]

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?

I can definitely say, turning your passion into profit may sound easy as you already have the skills to deliver good results, however the hardest part is finding a good market and some excellent business and marketing plan. But at the same time, I can also say, there is a huge chance for you to succeed with it, simply because it is what makes you happy that you're not only doing it for money. But then again, building your own business may demand double or triple your effort compared when you're working for a company.
I guess the main reason why a lot of people did not dare to do it is because they are afraid of failure.

I can put myself in this situation as well. I had a talent in drawing and I really wanted to become a full time tattoo artist and build my own studio, but for that same reason, until now I haven't made even a single step to bring that closer to reality.

[Kasabus]

Passion is just a single factor that is needed for success. But lucky are those who have developed passion from the start because that will also increase their chance to succeed. However, aside from passion, there should also be dedication, patience and discipline, and most importantly you need to gain knowledge and develop your skills on it. If you can achieve all of this, then success will easily come for you.

[Hamphser]

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?

I can definitely say, turning your passion into profit may sound easy as you already have the skills to deliver good results, however the hardest part is finding a good market and some excellent business and marketing plan. But at the same time, I can also say, there is a huge chance for you to succeed with it, simply because it is what makes you happy that you're not only doing it for money. But then again, building your own business may demand double or triple your effort compared when you're working for a company.
I guess the main reason why a lot of people did not dare to do it is because they are afraid of failure.

I can put myself in this situation as well. I had a talent in drawing and I really wanted to become a full time tattoo artist and build my own studio, but for that same reason, until now I haven't made even a single step to bring that closer to reality.

Getting your first client or selling out your initial product would be the toughest challenge that you would really be having specially if you are really that getting in line with your passion, its true that this is much

preferable compared on doing on something that you dont like but this isnt always the case because if you are in a situation on which you cant really be finding yourself to be that on that area but you dont have no
choice since you are really that needing to have an income, then you would really be finding yourself to make out adjustments basing up on what you are currently dealing with and despite on having
not that getting in line with your passion but you dont have any choice but to accept that fate. It is really just a matter of personal choice on what you should gonna do.

Increasing networth? It would be the least thing that you would be having in mind on the time that you have stick into your casual dayjob which you are really that get used to.
But there are people who are really that mindful about such stuff.

[BenCodie]

If there is a niche, need or demand in your hobby, then it can be monetized. Though it depends on your commitment too. In both of these stories, those who succeeded had quite their employment to be able to make time for the creation of their business, or passion into their hobby. Anyone can give that a shot, though it is a high risk pathway and only 1/10 will dare to take the risk, and only another 1/10 will succeed after taking that pathway.

Just because a passion can be turned into a business, it doesn't mean that a business should be treated like a hobby or passion. Plans and sacrifices must be made before starting the journey and to ensure its success. Otherwise the failure might destroy the taste of the passion (and your wallet).

[Captain Corporate]

From what I can say, it looks like it has to be regarding the business you are doing. I mean some people do some jobs that are amazing in profit and they love doing it so their passion is profitable business, some people do stuff that makes no money at all and that turns out to be a terrible idea financially, and yet they still do it because its their passion, and some people give up their passion because they need to make some money somehow and following a passion that has zero profit means they won't be able to afford anything. So all in all, it depends on the passion and how profitable the passion is. But as in anything, the great ones in anything will make a good profit.

[Texac]

From what I can say, it looks like it has to be regarding the business you are doing. I mean some people do some jobs that are amazing in profit and they love doing it so their passion is profitable business, some people do stuff that makes no money at all and that turns out to be a terrible idea financially, and yet they still do it because its their passion, and some people give up their passion because they need to make some money somehow and following a passion that has zero profit means they won't be able to afford anything. So all in all, it depends on the passion and how profitable the passion is. But as in anything, the great ones in anything will make a good profit.

I think it all depends on the profit, because if you follow your passion without making a profit or helping your family then that passion is useless. I believe not only me but many of us are doing work that is not our passion, all for profit, for our survival.  there are very few people who can follow their passion and become successful.  honestly, when I have a family and children, my passion will make a lot of money, as long as there is a job that brings a lot of profit, I will be passionate.

[Wimex]

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?

There are many more passionate and successful stories like the two you mentioned above. But not everyone who follows their passion will have such success, not every pursuit of your passion will be rewarded. I am a witness to following my passion but with no good results. I used to want to be a hairstylist, but while pursuing my passion, I encountered more economic difficulties than the advantages I had dreamed of. But when I switched to another field that I didn't love, it brought me a lot of money. For me, with a difficult life like now, as long as I have a job that helps me earn a lot of money, I will pursue it, I am no longer passionate about my passions. Because passion cannot be more important than wife and children and family.

Following what one is passionate about and that it turns out as expected is something exciting but sometimes this does not happen the first time that is why i agree that in certain circumstances not everyone manages to succeed with the goals they set, but there are those moments in which it has nothing to do with the fact that it is a bad business or that we do not have the skills to achieve it but because it is not the time to do it, It may just take time and greater preparation..for example.. there is a case that I would like to mention and it is that of the owner of KFC who achieved his dream after many years of trying that's why i consider that it is never too late and always doing things from the heart is what really penalizes.

[xSkylarx]

From what I can say, it looks like it has to be regarding the business you are doing. I mean some people do some jobs that are amazing in profit and they love doing it so their passion is profitable business, some people do stuff that makes no money at all and that turns out to be a terrible idea financially, and yet they still do it because its their passion, and some people give up their passion because they need to make some money somehow and following a passion that has zero profit means they won't be able to afford anything. So all in all, it depends on the passion and how profitable the passion is. But as in anything, the great ones in anything will make a good profit.

I think it all depends on the profit, because if you follow your passion without making a profit or helping your family then that passion is useless. I believe not only me but many of us are doing work that is not our passion, all for profit, for our survival.  there are very few people who can follow their passion and become successful.  honestly, when I have a family and children, my passion will make a lot of money, as long as there is a job that brings a lot of profit, I will be passionate.

Unless you are single and only feeding yourself, people right now want their passions, like traveling while at work or living life to the fullest, which I think all of us wanted before, but because you have a family to feed, you don't have any choice but to accept that your job is not your passion right now, and a lot of people right now are really doing this just for their families, not for themselves.

[AicecreaME]

It depends I guess.

I mean, for example is if you're an artist, like you do love painting and it is your passion, but you don't know how to market your paintings and there's still something lacking in your paints, then you're going to have a problem selling it to people. So it will depends first on how good you are as an artist of your passion, and how you will market it correctly to find people who are looking for such thing that will pay you a good price.

[Accardo]

Passion is interesting when it yields no money, but gets difficult when it turns to work. I've read a case where a person who his love for Lamborghini is incomparable ended up getting his dream job, indeed, to race with Lamborghini. He ended up getting bored doing the job; due to fatigue, and stress. In additional, like someone already said, if the passion is not on demand, it won't yield profits. Blogging for instance about yourself, could be a passion, but nobody cares if you brushed your teeth, hence the traffic will be poor and instead of yield profits its decreasing the zeal of blogging in you. In a nutshell, people should work on things that nobody else would do; what they hate. Those things people hate doing can increase our economy if we venture into it, because they hate doing it, they'll pay us to handle it for them.

[slapper]

If there is a niche, need or demand in your hobby, then it can be monetized. Though it depends on your commitment too. In both of these stories, those who succeeded had quite their employment to be able to make time for the creation of their business, or passion into their hobby. Anyone can give that a shot, though it is a high risk pathway and only 1/10 will dare to take the risk, and only another 1/10 will succeed after taking that pathway.

Just because a passion can be turned into a business, it doesn't mean that a business should be treated like a hobby or passion. Plans and sacrifices must be made before starting the journey and to ensure its success. Otherwise the failure might destroy the taste of the passion (and your wallet).

There's no denying the allure of turning a hobby into a moneymaking enterprise. But your success rate numbers are grim; they reflect the hard truth of starting a business. This is a road less traveled, for sure. But could there be elements beyond effort and time that make a difference? Perhaps external economic conditions, market saturation, timing, competition, a distinctive value proposition, and other factors all play a role in deciding the eventual fate of these enterprises.

Furthermore, I have to politely disagree on one point: the assumption that a business founded on a passion can't be treated like a hobby. Even while running a business requires a methodical and analytical approach, wouldn't you agree that the hallmark of successful passion-based businesses is that they keep an element of enthusiasm akin to a hobby? Finding that sweet spot might be difficult.