Quote:
Originally Posted by dannielo  Focusing on finding the sweet spot between doing something you love and making money from it. Usually that implies you are creating value. (unless you are a crook and loving it)
After that, it's a matter of working hard and providing even more value. |
I don't think there is exactly a sweet spot in terms of sacrificing or that a choice has to be made via subtracting value in order to love what you do. Also the fact that you love something does not imply you are creating value quantitatively.
There are really two ways to use the term creating value. You can create value for an individual or you can create value for a lot of individuals.
Lets say you love making tooth pics out of blades of grass. There may be some individual who values not chopping down wood however the value you create within society is almost null.
If you measure value on a scale of "how many people it helps" then you'll typically find market viability for the product or service.
If someone says I like making green products then maybe we can incourage them to make toothpics out of bamboo as it will create value for the masses however if the person says "my love is creating toothpics out of grass" then it doesn't necissarily equate being able to make money out of it.
As I said in an earlier post, in terms of making money, focusing on adding value vs focusing on money are redundant. If you are so focused on making money that you are blind to the value you are really creating you will not make money however if you think that simply because you help someone find a grass toothpick and that you love doing it will it mean that you can make money from it.
It is my advice to ask yourself the following questions....
1. What do I love doing? Ex: working with people, skydiving, adventure, etc.
2. What is missing in society? What around me can be done better but aligns with what I love doing?
3. How can I do what I love while contributing to the most people
If you think about my three steps its impossible to separate providing value and focusing on money. If you take one out of the equation then you will not be financially wealthy.