{"id":130922,"date":"2012-05-16T14:00:41","date_gmt":"2012-05-16T21:00:41","guid":{"rendered":"http:\/\/getrichslowly.org\/blog\/?p=130922"},"modified":"2020-12-12T21:41:17","modified_gmt":"2020-12-13T05:41:17","slug":"the-real-secret-to-making-money-by-following-your-passion","status":"publish","type":"post","link":"https:\/\/www.getrichslowly.org\/the-real-secret-to-making-money-by-following-your-passion\/","title":{"rendered":"The Real Secret to Making Money by Following Your Passion"},"content":{"rendered":"

You’ve probably heard the line about following your passion<\/a> to the bank. Just do something you love and cash in…right?<\/p>\n

As an astute reader of Get Rich Slowly, chances are you also know that there’s more to it than that. Lots of people follow their passions and fail to make any money.<\/b> Meanwhile, others are indeed able to craft a new life for themselves \u2014 and earn a lot of money \u2014 by pursuing something they love to do and finding a way to craft a business around it. What’s the difference between these two groups? What separates those who fail from those who succeed?<\/p>\n

Well, it’s not about working less, manifesting riches, or waiting for wealth to arrive at your doorstep. It’s about making something that improves the state of the world \u2014 or at least the lives of a small group of people willing to pay for it. It’s about working more, but spending your time on the things you love to do.<\/p>\n

In researching my new book, I discovered a not-so-secret formula. This formula isn’t found on the road to Bali or in the depths of a Mayan temple. Instead, it comes from the lessons of ordinary people who created a new future for themselves, using a small amount of money and the skills they already had.<\/p>\n

Here’s the formula:<\/p>\n

Passion + Usefulness = Value<\/i><\/b><\/div>\n

 <\/p>\n

You can be passionate about all kinds of things that won’t actually pay you anything. But when you combine your passion with something that’s useful to the world, that’s where you’ll find synergy. And that’s how you can make some money.<\/p>\n

The $100 Startup Model<\/b><\/i>
\nI recently completed a multi-year study of 1500 people who had built freedom businesses by using the skills they already had. For the study, we didn’t want to hear from self-described entrepreneurs, billionaires, or even anyone who had much of a business background. Instead, we had a few specific criteria that everyone had to meet to be part of the study:<\/p>\n