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Author Topic: Can your passion lead to an increase in your net worth?  (Read 1064 times)
Inwestour
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August 03, 2023, 02:41:13 PM
 #181

Luck is part of it, meaning you'll do hard work and luck will follow, but again, it doesn't mean that it always works because, again, you've got unlucky. Let's say you're very skilled and have a lot of knowledge on business and marketing, but the problem is that it really doesn't work on you; you can't establish a business or it will fail. Ive noticed this also with my friend before; he is a really smart guy in programming and really good, but no matter what, he can't get promoted, and mostly others get promoted.
To move up the career ladder, you need to have many properties, it is not enough just to be smart. Of course, each individual case must be considered individually, but if you are truly successful in something, then your results will sooner or later be noticed. The most important thing is how to demonstrate our desire to grow, because sometimes there are times when modesty becomes our bad ally. It always comes down to the fact that it is not enough to have one quality, you need an integrated approach, then it can affect the result in the best possible way.
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August 03, 2023, 05:13:50 PM
 #182

Not always ambition can always be in accordance with income, which occurs often the opposite because it is too ambition, it is difficult to earn income, for example someone who is greedy makes a business and without a good plan and analysis then he will lose because seeing the real situation is not as planned
Usually I often listen to ambition that don't always match reality, but you are a little unique in saying that they don't always match income. Greed and not being able to maintain ambition will make a person destroyed because he is controlled by ego and lust. Everyone who wants the desire to increase wealth must have patterns and methods that must be applied, careful planning and strategies for can help to achieve the desired desires. For example, when someone has one business and intends to create another business to supplement their income, but if the planning is not done carefully, it will affect the two businesses that are run simultaneously.

For example, such as control, marketing strategies and problems in service because our time will be divided between the two businesses. Businesses that are run and given responsibility to other people may not necessarily be run properly because maybe they are not responsible when the business they are running experiences setbacks and it is clear that they are only workers, not owners of capital and are not fully responsible.

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August 03, 2023, 06:04:03 PM
 #183

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.
Well, I believe those who have experienced financial breakthrough in their lives are not just all about passion and hardwork, but luck is also a crucial factor in becoming of what they are today. Without luck’s presence, you will not be in your position right now. Nevertheless, passion is also very important in achieving your life’s goals but you also need to blend it with knowledge and skills, perseverance and consistency, and most of all the willingness to take calculated risks that will eventually bring a lot of positive changes in your life.

Luck is part of it, meaning you'll do hard work and luck will follow, but again, it doesn't mean that it always works because, again, you've got unlucky. Let's say you're very skilled and have a lot of knowledge on business and marketing, but the problem is that it really doesn't work on you; you can't establish a business or it will fail. Ive noticed this also with my friend before; he is a really smart guy in programming and really good, but no matter what, he can't get promoted, and mostly others get promoted.
Luck is a very big thing that can change a person's life.  But luck alone cannot change a man's life, it requires a man's hard work and his strong mind. And of course a person should keep an eye on his profession and become an expert in that profession with a strong mind.  Be it any kind of work or business. Then it is possible for a person to become successful.  And that hard work can make him own a lot of wealth


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August 03, 2023, 09:26:32 PM
 #184

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?



With passion, I know it will get me far ahead. But let’s not just focus on passion all alone, because any success can never be attainable without knowledge and determination, patience and the consistency to move forward despite of some failures and losses at some point. Passion is just an additional factor, but without it you can never achieve your whole success especially in taking risky decision with your investment.

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August 03, 2023, 10:01:26 PM
 #185

A man's gift will make a way for him, this is an impression that such a person is in pursuit of things that are of important value to him and to other people, someone who understands the investment in time on and how to maximize his potential to make way for him for survival, when a man knows what he's doing, his steps will always be right and he will make the right decision to himself and his business, through passion, a man can make millions if he really understand the potentials in that, the richest enterprise we have today begin with an idea, which the inventor had passion for and work on it before it turns a success we all talked about today.

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August 04, 2023, 06:07:52 AM
 #186

With passion, I know it will get me far ahead. But let’s not just focus on passion all alone

Patience will not work alone and only work if one intentions are stronger and habits of hard working. besides these two mentioned by OP there are lot of other people who successfully in achieving goal because of patience. Some people failed to achieve what they want even strong patience and hardwork because there are many other factor like family situations, health problem which not allow to keep continue work  on same idea.

Quote
move forward despite of some failures and losses at some point

I am totally agree with this point and we should not loss our temper and give up if we loss at some point while achieving our goal because these loss are temporary and teach us to not repeat these mistakes and yes this is not possible without passion.

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August 04, 2023, 05:40:27 PM
 #187

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?
It is not everything that we have passion on that when we do it will work for us. Sometimes those things that we ignore are what will make us successful. For one to be successful he must have passion for whatever that he is doing to make money,even though he doesn't see it as what will lead him to success. I have seen so many people that have passion on a specific area but because it is a no go area to make profit,they tend to switch over to something else. The most important thing that I know about life is that whatever you find yourself doing that puts food on your table,you should do it with passion even though you dont like it,so that you can be successful in it.

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