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4 Reasons People Who Follow Their Passions Fail (and How to Avoid Them)

4 Reasons People Who Follow Their Passions Fail (and How to Avoid Them)

Following your passion is a great way to live. It’s a lousy way to make a living. For most people, anyway.

Why’s that? Because not all passions can be made profitable. And, for those that can, not all passion followers have the right knowledge and skills to be successful in their endeavors. Not to mention the patience.

Don’t get me wrong. I’m not saying that following your passion is a bad thing, even as a career. It’s worked for a few people. You know. You’ve read their stories on the internet. The headlines that proclaim “I gave up a [successful career/six-figure salary/dead-end job], moved to a [foreign country/tropical paradise/treehouse in the jungle] to pursue my dream of [scooping ice cream/opening a yoga studio/becoming a modern-day Robinson Crusoe] and never looked back.”

Well, I’m calling it bullsh*t.

Because let me let you in on a little secret. It. Almost. Never. Happens. That’s why those unlikely stories are so intriguing. They’re aberrations. Anomalies. Completely out of reach of the average person.

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There’s More to the Story

Now that I’ve successfully dashed your hopes of realizing your dream, here’s the good news. It is entirely possible to follow your passion and still be successful doing so.

But in order to succeed, you must avoid these five mistakes that make people who follow their passions fail. It’s only by dodging these pitfalls that I’ve been able to get to where I am today.

1. They think they can follow their passions all the way to the bank.

Some passions translate well into careers or business endeavors. Others do not. Take me, for example. Sure, I’m passionate about real estate. But I’m also passionate about nature, travel, fishing, and lots of other stuff that’s never made me a dime.

What if, instead of real estate, I’d chosen fishing as a career? Spoiler alert: I would never have made much, if any, money as a professional fisherman. Yeah, maybe I could have moved to the tropics and opened an operation that offered deep sea fishing charters. But that’s not exactly the most lucrative profession out there.

Instead, I focused my efforts on something I knew I could make money doing. I worked hard to be successful at that and, as a result, I now get to enjoy all those other interests as much as I want!

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Bottom line: If you can’t make money doing what you love, then make money doing something else. Then put that money towards pursuing your passion.

2. They may love it, but they don’t understand it.

When I was getting my start in the real estate world, I had a heck of a lot to learn. And when I moved my family down to Central America to start investing in property down here, I had to learn way more. Property valuations and real estate transactions just don’t work the same as they do in the U.S.

I had to do a ton of research just to learn about the process, before I could even consider making any investments. I talked to realtors, attorneys, and other professionals. I talked to local farmers and land owners, the ones who would ultimately be the people I would be buying property from.

It was more work that I’d ever dreamed I’d have to put in. But it paid off. My business partner and I could never have experienced the success we’ve found if we’d approached the Latin market with only the knowledge we had when we left the U.S.

In other words, being passionate about something isn’t enough. You’ve got to know it backwards and forwards. Eat, sleep, and breathe it. And, most importantly, be willing to keep working hard at it even when it isn’t easy.

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3. They don’t have an exit plan.

One important thing to note about my success in the U.S. real estate market was that it happened during the biggest boom the business has ever seen. Practically everybody was developing projects and flipping houses. Any idiot could have made money in that market.

That was one of the reasons my partner and I started looking toward the tropics. We saw what was happening in the U.S., and we knew it wasn’t sustainable. We suspected a crash was coming, although we thought it would be specific to real estate; we just didn’t know when.

We could never have imagined the magnitude of the global economic crisis that ensued. But thankfully we had already devised a plan to not only stay afloat, but to build a thriving business in spite of the unfavorable conditions.

In short, if the pursuit of your passion is all that you have on your radar, then you will be devastated if–no WHEN–the unthinkable happens. And you will lie awake at night in fear that it will.

4. They rush in with guns blazing.

When my partner and I decided Latin America was the place to be, we didn’t turn in a two weeks’ notice, sell everything we had, and buy a one-way ticket. We took our time, and we did our due diligence.

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We spent every day for months scouting properties. We traveled the entire Pacific Coast from the El Salvadorian border, through Nicaragua and Costa Rica, and down to Panama. That’s when a lightbulb came on, and we knew we’d found the right place to focus our efforts.

Even then we had many more weeks of searching before we settled on what ultimately became our first project. Meanwhile, we still had work going on back in the States to help sustain us until we could get things off the ground in the tropics.

We spent many days puttering around in a beat-up truck with a crude map, trying to reach some remote destination. We’d drive until we ran out of road. Then we’d find a guy with a horse or a canoe and keep going til we got to where we were headed.

My advice to you? Don’t buy into the hype. Getting to a place where you can live a life you’re passionate about is not an overnight process. It takes work. But, more importantly, it takes time.

What’s Really Going on Behind the Scenes

The climax of most true “following your passion” success stories isn’t a mystical epiphany, an impulsive decision, or a rare stroke of luck. Instead it’s a mixture of many far less glamorous elements. Like patience, prudence, and a lot of hard work.

Sure your success story may not go viral on social media. But when you read the ones that do, you can laugh, like I do, knowing they just got lucky. Things may work out for them; they may not. But, at the end of the day, you and I can sleep a helluva lot better at night.

Featured photo credit: woman-1006100_1920/Counselling via pixabay.com

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Last Updated on February 15, 2019

How to Achieve Goals and Increase Your Chance of Success

How to Achieve Goals and Increase Your Chance of Success

Does it ever feel like the things you want to accomplish always end up on the back burner? If the answer to that question is “yes,” you’re not alone. Only about 33% of people consistently work toward their goals. In some cases, their goals may seem too lofty to accomplish, or else they aren’t sure how to make a plan for them.

If you don’t come up with concrete steps to take toward your goals, they’ll remain dreams. There’s nothing wrong with being a dreamer, but being able to turn your dreams into goals you can realize will help you lead a happier and more fulfilling life.

Luckily, you can realize almost any dream when you harness the right goal-setting methods.

In this article, I’ll show you how to achieve goals and get closer you success.

1. Break your dreams down into specific and measurable steps

We couldn’t talk about goal-setting without mentioning SMART goals.

SMART goals are specific, measurable, assignable, realistic, and time-related.

Specific and measurable steps are so important because if we don’t know what our target it, how can we ever hit it?

Take all those beautiful dreams you have for yourself and make them into things you can actually do. If you want to be an entrepreneur, for example, a step toward realizing your dream might be researching what you’ll need to start your business.

Find out more tips about utilizing SMART goals here:

How to Use SMART Goal to Become Highly Successful in Life

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2. Have at least one clearly defined goal for every interest and role in your life

It’s so easy to become complacent or stagnate. We often think that our careers are the only places where we need to set goals, but we aren’t only what we do.

To make the most of your life, take the approach that you’re always learning and growing in everything you do. Anything worth doing is worth doing well after all.

Set goals whether you’re sponsoring an activity for your child, taking up guitar lessons or trying to prove your worth at work.

You’ll notice that this approach forces you to constantly develop new skills. It can also be fulfilling to put more focus and value into all areas of your life— not just the ones related to our careers.

3. Align your goals with your life’s mission, purpose and passion

Take the opportunity to do some soul-searching. What is it that you want to do with this precious life of yours?

Anything that conflicts with your life’s purpose is bound to cause discontent. Staying in a bad relationship, doing a job that goes against your values, or maintaining the status quo just because it’s comfortable are not options for you.

Thinking about your goals in this way can help you eliminate things in your life that don’t serve you. This frees up mental space that you can use to do the things you care about the most.

Many of us struggle to find the time to work on our goals, but this strategy enables you to make more time.

4. Create goals that ignite your spirit and inspire you to take action

If you can’t be fired up about your goals from the start, they might not be good goals for you.

The road to success is often tough. You’re going to have times when you might feel tired or discouraged.

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You need to feel inspired enough that you’ll be able to overcome obstacles as you encounter them.

If what you’re doing motivates you to be the greatest version of yourself, you’ll be much more resilient.

5. Write down all your goals in specific, measurable detail

This is your road map for what success will look like. The more you define what you want the finished product to be, the greater the chance that you’ll reach that vision.

When you write down your goals, you’re creating a document that you can revisit to make sure you’re on track.

When you’re in the middle of trying to achieve a big goal, it can be hard to see what’s working for you. The things you write in this step will help you stay on-message as you take your goals out of your mind and into the real world.

Don’t just write down your goals and stash them away in a folder somewhere. Take the extra step to put them somewhere where you’ll see them.[1]

If you have too many goals to post on your desk, write a summary or choose one or two steps to work on for the day. Just seeing them will keep them in the front of your mind.

6. Commit to hitting each of your targets without exception

You wouldn’t have created the target if you didn’t think it was necessary. Hold yourself accountable for taking the steps to succeed.

You can always adapt your strategy or break your targets into smaller steps if you find that they aren’t attainable as you originally wrote them.

Hitting even the smallest target is cause for a celebration. It’s a step in the positive direction. Your success will make you crave more success.

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We often make excuses when we get tired or overwhelmed. Take away the option to make excuses. You will only be satisfied with the best effort from yourself.

7. Share your goals with others to motivate each other

There’s something so powerful about people sharing their goals and dreams with one another. Doing so gives voice to some part of us that could remain hidden (and therefore never be accomplished).

When other people know about your goals, they can cheer you on and hold you accountable. When people share their vision with you, you can do the same for them.

This strategy is particularly beneficial when you’re trying to develop healthy habits. Post about your workout on social media, or do a healthy eating challenge with your best friend. You’ll be less likely to slack when temptation arises, and you’ll probably encourage someone else to reach for their goals too.

8. Set a series of daily, weekly and long-term goals, complete with starting times and deadlines

Many goals never reach realization simply because the goal-setter doesn’t check their progress. People tend to forget what they set out to do, or their goal gets crowded out by other obligations.

Forcing yourself to revisit your goals at regular intervals breaks them into smaller steps and it reminds you to think about them.

Giving yourself regular deadlines for smaller tasks related to your goals also helps you reflect on your strategy. You’ll figure out what works for you, whether your timeline is realistic, and whether or not you need additional help to stay on track.

In addition, celebrating small wins helps you stay motivated. Here’s how:

How To Celebrate Small Wins To Achieve Big Goals

9. Take 10 minutes every day to imagine how great it will feel to achieve your goals

Visualization is such a powerful tool. Some of the most successful athletes, celebrities and business people take time each day to think about how success looks and feels for them.[2] Imagining that feeling of satisfaction can be a great motivator.

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When you do meet your goals, take some time to be grateful. Thank yourself for showing up and doing the work. Be grateful when the stars align properly to help you advance to the next step.

It’s not just getting to the destination of your goals that matters. How you take the journey is important too.

10. Take an action step toward reaching your goals every day

Your goals can easily get buried in the hustle and the bustle. Even the smallest step in the right direction is still moving you forward.

Keep chipping away at the work every day and before long, you’ll start to see those dreams come to life.

Maybe you didn’t start your business today but you designed the logo that’s going to go on your website and business cards. Doing that task well is going to help you so much in the long run.

Concrete actions day by day draw your dreams out of obscurity and into the realm of possibility.

The Bottom Line

Dreams can inspire and overwhelm us. By turning our dreams into goals that we can work toward, we increase our chances of success. Things that once seemed impossible are suddenly within reach.

It’s time to start turning your dreams into goals and your goals into realities. Change begins today.

More Resources About Setting & Achieving Goals

Featured photo credit: Andrew Neel via unsplash.com

Reference

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