How to Turn Your Passion Into Profit
.... with your early supporters. Get people excited in advance. There is a risk if the production run goes south, but this is a good way to pay for early production costs.
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Save what inspires you
Just because somebody tells you no, that’s their limitation.
Just keep pressing forward until you feel you’ve come to the end of the path, but do not let the end of your path be because someone else does not believe in your idea.
People buy your Why, but they only remain loyal if you have a strong product that supports it.
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Make sure that you’re actually good at what you do.
Ask yourself if you’re willing to put in the hard work and if there is a market for you to tap into. Even if it’s just t...
Let’s say that your passion is playing the guitar. What void can you fill in that marketplace? For example, if you can repair guitars and realize that there isn’t a repair shop anywhere else around, that could be a business opportunity.
You also need to ask yourself how you can make the industry better.
Think of all the various ways that you can actually make money off your passion. This may include:
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When conflict arises, you need to raise the issue with the parties involved.
Emphasize the need for your employees to address it. Explain that negative feelings and thoughts c...
Speak with each party separately to gain their perspective on what the tension is all about.
Make sure that along with any emotional information, you discuss specific facts or events that led up to or inflamed the situation.
Allow them to share their version of the events or issues.
Often, this step will elicit issues or facts that the other party was unaware of.
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This is an essential aspect of successfully preparing for your day: you separate your actions into small chunks and focus only on the mini-goals of each segment.
The alternative is...
Probably the most influential step you can take toward creating a consistent practice of success is to invest in the systems that make your life run like a well-oiled machine.
Systems allow you to leverage your and other people’s time.
We all plateau. It’s frustrating but also a normal part of life. The key to bursting through ceilings, be they mental, physical or financial, is to hold yourself accountable. That doesn't mean accountable for doing it all, but accountable for getting help.
You’ll be surprised by how much further and faster a little help can take you.