Quote:
Originally Posted by Rob Ozanne  You can create a business to make money. Or you can create a business to express your purpose and passion, and receive an income as by-product. |
I tend to disagree slightly
The sole purpose of a business is to make money. That's what it was designed to do.
Sure you can want to do good things and help the world but if your business isn't making money then it really isn't a business.
Think about a house, the sole purpose of a house is to provide a safe and secure structure that provides shelter. It doesn't care who lives in it.
It doesn't care how much the people living in it feel like they are "home".
If the house isn't doing it's job, if it falls apart then the people inside it are going to get a new house that does what it's supposed to no matter how much they love it.
Business is the same, businesses make money. It's their job. You can do a lot of good in the world because of your business but if your business isn't making any money then it just becomes a hobby.
Too many people sacrifice the money to follow their passion but if their passion doesn't make any money they are struggling to pay their bills every month.
Plus the more money you make the more free time you have to spend on your passion.
My point is just be smart about it, if there is money in doing your passion then go for it. But if there isn't then find something that will make you money.
There are a couple of passions of mine that I would LOVE to be able to make money from but there simply isn't any money in those areas so I focus on some of my other areas of interest.
Anyway that's my 2 cents
Tristan