Making Money Doing What You Love

by Darbright on March 6, 2010

The key issue that many people face in their life is how they can live an awesome life doing what they love and yet make money in the living of their passions. That’s a valid question, and something that I’ve personally had challenges with as well. In the course of finding solutions to this problem, I’ve come across several concepts and key principles for making money doing what you love.

“Our Lives Are Created Twice. First In Our Minds, Then In Our Physical Reality.”

This is a topic that addresses two issues. It isn’t just about making money because that comes secondary. The first thing to be able to make money doing what you love is to know what you love to do.

The making money part is much simpler than identifying what you really love to do. Which is why the starting point of being able to make money is to discover who you really are and what you really love to do.

The Real Challenge of Making Money

It isn’t difficult to make money. In fact, making money is truly one of the simplest things to do. It doesn’t mean you don’t require the time and expertise to make money, I just mean that practically everything that you will need to know about making money has already been written, published and shared somewhere.

You would still have to sort out the real stuff from the fluff though, which is another challenge by itself.

The real challenge of making money and living an awesome life is finding your passion. That thing that you would absolutely love to do, regardless of whether you were paid to do it or not. That, in my personal experience, is the single hardest thing to do.

Deciding on what you truly want in your life.

Once you get past this obstacle and discover your passion, it’s just a matter of time, hard work and a whole freaking boatload of courage. You know what you want to do, but do you dare to commit to it?

The Primary Function of Money Making – Value Creation

In order to make money, it’s all about value creation. When what you do has value to someone else other than yourself, there is potential for you to generate income. If what you do has value only to yourself, then in all likelihood, you stand a big fat zero chance of making money.

The thing to realize is that the value of your work isn’t determined by you. It will always be determined by the market place, meaning the people who are going to end up being your customers. Deciding on an arbitrary value of your work doesn’t cut it, because if no one wants it, you’re not going to get money from it.

It’s like holding up a pebble and shouting to the world that it’s worth a million dollars. Unless you can connect or create any value associated with that rock, all it’ll do is get you a lot of attention and not much else.

Once what you do has value, the next step is to deliver that value to people who value what you do.

Several business models already exist as a template for you to build a business on once you know how to create value. Though the web, or through “real world” businesses like brick and mortar storefronts.

Doing What You Love

With so many ways of making money, the hardest challenge is finding something that you are truly passionate about and committing to it long enough for you to make it into a value-generating entity. It’s about discovering yourself, and then aligning your thoughts and actions with your heart.

The key elements of making money doing what you love is to:

  • Discover what you are passionate about,
  • Finding or creating value in what you love to do, and
  • Delivering it in a manner that allows you to receive monetary compensation in exchange for your work.

I think it’s way much easier to make money doing what you love then it is to scrape by in a job that you can’t stand or jumping around from one job to another.

When it comes to living an awesome life, making money isn’t the only measurement. When you can wake up every morning looking forward to your work, enjoying what you do and finding a certain measure of joy and fulfillment, these will be some of the most amazing days of your life.

And if you make tons of money at the same time?

That’s the icing on an already delicious cake. :-)

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