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

[Franctoshi]

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, 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 for wealth? Can your passion lead to an increase in your net worth? If yes, what is stopping you from following it?

You can be profitable in any business you do, but doing a business you have a passion for has more chances of increasing your net worth. You're dam going to spice it up because you love what you do and thereby putting all effort to attract more sales in your business.
 Most successful businessmen are people who do business they have a passion for, take for instance, Elon Musk, Markzukaberg left school to develop Facebook App and Bill Gates is successful today because they have passion for what they do.

[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).

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.

Agreed to all. I'd say 100:1, 100 being attempts, 1 being successful in the venture...maybe worse....but what is life without risk?
As for external conditions, this is probably more so the reason for failure than it is on the person. If those external factors weren't factors and it all came down to the persons' effort and hunger, I'd say the odds of success would go from 100:1 to 10:1, maybe even 5:1 or 3:1. There are always external factors however, that's a part of what should be factored into the plan that should be created before going ahead and starting a business.

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.

Maybe I worded what I was trying to say incorrectly. I meant that the same general approach to a hobby (spontaneous, leisure, non disciplined etc) or a hobby-like passion can't be turned into a business in the same way, exactly for the reasons that you said (requires methodical and analytical approach). While I see what you are saying with enthusiasm being the hallmark of a passion, that doesn't mean that the same enthusiasm would go toward the new mundane tasks that a business would require to succeed in the near and long term. No doubt that the enthusiasm will help, and no one should really start or run a business without a level of enthusiasm, though I wouldn't say that this is enough to improvise or overlook the complexities and mundane tasks that are involved in running a business.

[Fatunad]

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, 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 for wealth? Can your passion lead to an increase in your net worth? If yes, what is stopping you from following it?

You can be profitable in any business you do, but doing a business you have a passion for has more chances of increasing your net worth. You're dam going to spice it up because you love what you do and thereby putting all effort to attract more sales in your business.
 Most successful businessmen are people who do business they have a passion for, take for instance, Elon Musk, Markzukaberg left school to develop Facebook App and Bill Gates is successful today because they have passion for what they do.

Having the passion would be always recommended but you cant really have it all most of the time or all of the time on which means you would be needing to adjust instead.Nothing beats out on doing work inside your passion on which you would really be making yourself that efficient since you've been doing on what you do like but just like on what others been saying that there are really moments or things in life
on which you dont really have no choice but to deal up with something that would really be that getting against your interest and since you dont have some choice then for sure you would
really be dealing with it and you would really be that not much efficient but well we do have our own will on what are the things that we are dealing with. Increasing networth is something
that we would really be prioritizing but due to lack of opportunity and interest then it would be that useless or having no sense at all.

[avp2306]

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, 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 for wealth? Can your passion lead to an increase in your net worth? If yes, what is stopping you from following it?

You can be profitable in any business you do, but doing a business you have a passion for has more chances of increasing your net worth. You're dam going to spice it up because you love what you do and thereby putting all effort to attract more sales in your business.
 Most successful businessmen are people who do business they have a passion for, take for instance, Elon Musk, Markzukaberg left school to develop Facebook App and Bill Gates is successful today because they have passion for what they do.

Having the passion would be always recommended but you cant really have it all most of the time or all of the time on which means you would be needing to adjust instead.Nothing beats out on doing work inside your passion on which you would really be making yourself that efficient since you've been doing on what you do like but just like on what others been saying that there are really moments or things in life
on which you dont really have no choice but to deal up with something that would really be that getting against your interest and since you dont have some choice then for sure you would
really be dealing with it and you would really be that not much efficient but well we do have our own will on what are the things that we are dealing with. Increasing networth is something
that we would really be prioritizing but due to lack of opportunity and interest then it would be that useless or having no sense at all.

Will matter depend on your capability and your availability to do it since you cannot follow your passion if you are the bread winner of your family since you can't risk to have no job for months just follow your passion since you and your family will get hungry for that. That's why when its early its good for us to think about our future so that we can place things all at good place and avoid any disturbance if we want to follow some tracks that we want to do and most important of all don't get married early if you are not financially ready since this could kill your dream especially since with this status you can't afford to risk anything since obligation will always hunt you.

[reagansimms]

The two stories that you describe are of the many success stories that have been carried out by people who have managed to increase their wealth list after following their passion. Someone who has passion certainly has high motivation in life, they will pursue their dreams at the expense of strategic positions in large companies.
There are so many benefits that can be obtained from own business, the first profit is obtained by people who pursue their passion to become bosses or leaders in their own business. Apart from that, the benefits of being your own business have indirectly created jobs for other people, they also have a lot of time with their families.

[uchegod-21]

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, 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 for wealth? Can your passion lead to an increase in your net worth? If yes, what is stopping you from following it?

You can be profitable in any business you do, but doing a business you have a passion for has more chances of increasing your net worth. You're dam going to spice it up because you love what you do and thereby putting all effort to attract more sales in your business.
 Most successful businessmen are people who do business they have a passion for, take for instance, Elon Musk, Markzukaberg left school to develop Facebook App and Bill Gates is successful today because they have passion for what they do.

In as much as I will agree with what you said above. I still have some exceptions times some people's passion may not generate money for them. Some passions are not monetizable and that is why before becoming so passionate about something you should also understand if it will generate money or not.

The main aim of being passionate about something is to derive happiness and not to make money. But if you are lucky, that you can make money from your passion, that is a win-win situation for you.

[Litzki1990]

Emotions can never be the reason for people's success because people can never make right decisions through emotions, wrong decisions are often made through emotions. When you apply for a job, you will be tested by your skills, experience and knowledge, where passion is valued. There is no value for emotion in the workplace, you must always think carefully. Because conscientious people make fewer mistakes and emotional people make more mistakes. You have given an example of a person who succeeded because of his passion but thousands of such people failed only because of his passion, so in these cases we should always avoid our passion. Wise people always say that you never make important decisions when you are overly angry or angry because those decisions will never be good for you or your work.

[Pierre 2]

I think you need to be very lucky person if you are becoming rich through your passion. Selling something as business is very hard comparing to working at full time job and receiving a wage. You need to learn a lot about markets etc to make money through your passion. There are many people that lost money following their passion. I even personally know one relative who needed to close down a shop. I wish I could do same but I can't exactly afford to lose so much money.

[Peanutswar]

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?

People are doing the things they love that bring them to a successful life but not as always this happens to people because life is unfair, even though you want to pursue your passion but it brings to the bottom side that does not sustain yourself anymore its too hard to you to push your passion but instead to adjust yourself just to make sure you can survive in the daily basis, people who have the opportunity can take this but not for the people who don't have a choice but to make themselves keep what they have and don't want to risk anymore in life because they don't have at all. but if you have a time to make your worth more you can find an opportunity that let those exchange as more profitable way.

[xSkylarx]

I think you need to be very lucky person if you are becoming rich through your passion. Selling something as business is very hard comparing to working at full time job and receiving a wage. You need to learn a lot about markets etc to make money through your passion. There are many people that lost money following their passion. I even personally know one relative who needed to close down a shop. I wish I could do same but I can't exactly afford to lose so much money.

There are types of passion one is like your work you want to work for a company with specific jobs or skills that you want to do. most people prefer working, but they want a job that they enjoy with a big salary, and that they can do on a daily basis. The saddest part is that only a few have this, as they are forced to work in those jobs that they even don't enjoy and the other is businesses they want to build an empire or have passive income. It is really extremely lucky if you've gotten rich because of your passion, and you'll also enjoy it.

[DeathAngel]

When you're passionate about something you’re more likely to be dedicated, committed & willing to put in the necessary effort to excel in that area. This can result in increased opportunities, promotions, higher income, & potentially even entrepreneurial success. By leveraging your passion & skills you can create value & attract financial rewards leading 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.

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.

In fact, most of the workers really only think about making money, there is no improving their skills in the field of work, the only important thing is to bring home money for the family.

But if they really like to repair things or are good at a type of work, it's better to just do it as a sideline job like cellphone technicians and many other works that earn even more than what they are paid.

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.

In reality, passion for something is not really reserved when it comes to work, most people only have personal needs in mind because they know that there is no need to show efficiency in working, but just work for the salary they receive.

Maybe they can bring out their passion more if they use it by building businesses that are suitable for their previous work, through this there is a chance to increase our income as a worker in our own business not just by being a worker.

[palle11]

When you're passionate about something you’re more likely to be dedicated, committed & willing to put in the necessary effort to excel in that area. This can result in increased opportunities, promotions, higher income, & potentially even entrepreneurial success. By leveraging your passion & skills you can create value & attract financial rewards leading to an increase in your net worth.

Passion is very important to survival in the first place and to survive your have to conquer. There are different stories known to humanity on how the people who took the bull by the horn and led by passion succeeded in the midst of harsh economy and low environmental encouragement. The likes of the owner of Facebook, Zuckerberg is a testimony, Reddit and other social media platforms that have gone global. It is passion that will lead you into sacrificing all you can to get what you want.

[WatChe]

You can be profitable in any business you do, but doing a business you have a passion for has more chances of increasing your net worth. You're dam going to spice it up because you love what you do and thereby putting all effort to attract more sales in your business.
 Most successful businessmen are people who do business they have a passion for, take for instance, Elon Musk, Markzukaberg left school to develop Facebook App and Bill Gates is successful today because they have passion for what they do.

This is a kind of blessing that your passion becomes your job or business. There are not many people who enjoy that blessing. I dont love my job but I have to do it forcefully to get pay for daily living. I wish my passion becomes my source of income like I love to write technical articles and if that becomes my source of income then I can perform better in that sector. You cant excel in job or business where your passion is missing. You wont find any example where a businessmen got success by doing it forcefully.

[Doan9269]

Let's try to first understand what we have passion for, there are things that we are pursuing after that will lead us to no where because we are only been infantuated to them by physical appearance but we lack passion for them, whe we take a look at things we often do alot most times, we could see that there will be a level of increasing passion about them because we do them often, then in so doing, they pave way for us to discover more opportunities in them to use and developed our potentials in them to increase our net worth over time when we are successful in them.

[romero121]

Let's try to first understand what we have passion for, there are things that we are pursuing after that will lead us to no where because we are only been infantuated to them by physical appearance but we lack passion for them, whe we take a look at things we often do alot most times, we could see that there will be a level of increasing passion about them because we do them often, then in so doing, they pave way for us to discover more opportunities in them to use and developed our potentials in them to increase our net worth over time when we are successful in them.

Understanding what is your passion and how this happened is a must. When you're strong on it, then it is time to explore and know more about it. Once you're confident enough it is time to follow it. In such process people may be against you and you may be the unsuccessful, and this is the place where you should have the never give up mentality. Another thing is the overnight success, everything needs its time and we need to be right in it. Our focus should be atleast 3 years time or even more, we should not focus on money making when we're following our passion.

[Inwestour]

This is a kind of blessing that your passion becomes your job or business. There are not many people who enjoy that blessing. I dont love my job but I have to do it forcefully to get pay for daily living. I wish my passion becomes my source of income like I love to write technical articles and if that becomes my source of income then I can perform better in that sector. You cant excel in job or business where your passion is missing. You wont find any example where a businessmen got success by doing it forcefully.

I understand what you're talking about, but I don't understand why you keep doing what you don't like? Is it because you get good pay and find it hard to find another job that pays the same?

I used to work at a job that I hated, but the pay was very good and I had to go to it for several years. In the end, when I finally decided to quit, I went to another job and at first I received less money, but in the end I managed to get a good salary over time, but the most important thing was that I love my job, I like it. I no longer have that feeling of forcing myself to go to work, sometimes I remember those days and it's terrible.

None of us have to do what we don't like, we can change it ourselves, but sometimes fears make us stay in the same place, sometimes we just need to take a risk and our life will change for the better.

[passwordnow]

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?

That's definitely possible and you should focus on your passion before thinking of making money from it. These people just believed in their passion and grit and the money has followed them. Because if you're going to put money first in what you do, you'll get tired. But these people worked tirelessly and their motivation proved to them that they did the right thing to follow their passion.

If yes, what is stopping you from following it?

All of us have it but there's some force that stops us. Maybe the obligation that we've got in our personal lives but those who takes risk are the ones sees the good and bad results of it instead of those that don't do nothing at all.

[Lanatsa]

This is a kind of blessing that your passion becomes your job or business. There are not many people who enjoy that blessing. I dont love my job but I have to do it forcefully to get pay for daily living. I wish my passion becomes my source of income like I love to write technical articles and if that becomes my source of income then I can perform better in that sector. You cant excel in job or business where your passion is missing. You wont find any example where a businessmen got success by doing it forcefully.

I understand what you're talking about, but I don't understand why you keep doing what you don't like? Is it because you get good pay and find it hard to find another job that pays the same?

I used to work at a job that I hated, but the pay was very good and I had to go to it for several years. In the end, when I finally decided to quit, I went to another job and at first I received less money, but in the end I managed to get a good salary over time, but the most important thing was that I love my job, I like it. I no longer have that feeling of forcing myself to go to work, sometimes I remember those days and it's terrible.

None of us have to do what we don't like, we can change it ourselves, but sometimes fears make us stay in the same place, sometimes we just need to take a risk and our life will change for the better.

On the time that you do really come into a point on which you dont have no choice then you would really be ending up on dealing on something that you dont really like or have the passion.
Well thats life and its really just normal and having the sense to adapt on whatever things that you would really be dealing with and as long as you do able to raise up your family then it would really be your
primary goal or target since you dont have no choice which even myself would definitely be ending up on this way just for the sake of my families needs. Passion would really be just second in priority
but as much as possible then we do really prefer on sticking on something that we do really like on dealing or working with which would really be in line in our interest.

It is really just a matter of hardwork and a mix bit of luck in terms of work selection or the opportunities on which it is really that available.There are really just things which arent meant to be
or for us to succeed out no matter how hard we do try but its not really that a bad idea on making yourself pursuing up your interest and dreams which at the same time you would really be
able to make income or money as well.It is really just there are things which we cant really be able to achieve no matter what we do because we do really have those priorities.

[gunhell16]

That depends on the belief of an individual dude, because there are people who are happy in a simple life even if they are not rich. And I think you know that too. Although I also believe that passion can help increase our net worth.

That's why not everyone wants that, the only people who often work to increase their net worth are people who want to get rich and have many businesses.