Thursday, 10 May 2012

Learn How to Make Your Passion Pay

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As expected, your passion like a conviction will consume you and always forces itself on you for expression.
Similarly, you will be aware that it takes a lot of energy to be passionate about anything.

From the foregoing then, it will be a wise thing to have a good return on these emotional expressions called passion.

If we do not learn the smarter way of putting our passion into use, that passion of ours may literarily consume us, I mean negatively.

How then can we make a passion pay instead of making detrimental payments for what we love all the time?
To make money from your passion, you need to be founded on the following premises: 
  1. Everything you’ve got can be valued if you know them specifically   
  2.  Everything you’ve got can be monetized if you want to      
  3. Everything you’ve got can be monetized if you know how      
  4. Everything you’ve got can be profitably monetized if you appreciate them and correctly value them      
  5. YOU come before everything you’ve got.

By proper analysis of these premises, the following questions are to be asked if proper and profitable monetization of our passion is to be achieved:

What are the things I’ve got?

If you will agree with me, the truth is not always the same as the fact. As such, the truth is you’ve got everything that you need to break even and breakthrough. It will be tantamount to thoughtlessness if anyone will say I have nothing.

From experience and observation, I discover that people who appears to have nothing by superficial self-evaluation, usually have more (often by value) than those who by the same approach appear to be full and loaded. It is more of the case of the more valuable the ore or the mineral the deeper below the earth it is buried.

What is the uniqueness of what I’ve got?

Following self-discovery should be a uniqueness analysis of what you discovered. The uniqueness analysis is like refining. What you’ve got at the moment is nothing more than the gold crust; it is more or less as dust and dirt.

Subjecting your talents and passion to an unemotional analysis will make you ask yourself questions. Such questioning must include:
  • How relevant is this passion to my environment 
  •  If not presently relevant to my immediate environment, is there an environment where it is valuable. 
  •  Will it become progressively valuable to my immediate environment   
  •  How can I get what I’ve got into the environment where it is most needed and will be well appreciated?

These and many more similar questions are to be asked on each of the talent and passion quarried by self-evaluation and self-discovery.

What is the value of what I’ve got?

The lesson you need to learn at this point is that valuation is tricky. You cannot do it all by yourself. If you decide to go by only your valuation, you may over-price (pricing is only a part of valuation though) or under-price.

The price of anything is never equal to its true value, since valuation is relative. Therefore, you don’t have to be unnecessarily disabled by pricing.

Most times the market for what you’ve got will value you and your services or products wrongly, just as you would. But all of the time, the market is right.

What are my beliefs and views about money?

Here, I will not be judgmental whatsoever. I believe you know you are responsible for whatever you believe.
Most people are materialistic, so they are greedy and self-centered; but there are more people who don’t have anything for the same materialistic beliefs.

It is usually believed and is often so, that if you want something badly, you will get it; but there are many who wants to be rich so much they will never be.

They want to be rich and are slaving for money all their lives but they believe money is evil.

Most people want to be rich but will not be unless they overcome their fears. Many people are in this category. They have so much need and want so much money to get those needs met, but are afraid of the attentions riches might bring, the slanders and probable separation from the masses.

If you love the masses so much that you would rather share the suffering than the wealth, you are selfish. You will do more for the masses by being wealthy than increase the poverty statistics.

If you develop guilty conscience because you made a sale, it is not so bad, except you are a salesperson. But if you will be rich, it will surely be by getting something in return for something else.

If you would rather always give than receive, check yourself, you are more than likely to be exceptionally proud.

Note that our limitations are not limited resources, but our limiting beliefs. Get rid of your limiting beliefs.

How can I monetize my passion?

Short answer to a short question: Get mentored. Nobody actually has your combinations of talent, taste and passion but someone out there has done or is doing something similar to what you want done. In the least, something adaptable to what you want.

Mentorship in this case does not necessarily require being in physical contact with the mentor, since many people makes their unique experience and opinions readily available as books and blogs.

Learn all you can, and never kill the desire to know more about your passion and how to monetize it.

How am I an issue?

You are your own best friend and your own worst enemy. Have you not heard that everyone is the architect of their own fortune or misfortune? You see, you are an issue.

People buy into you first before they buy your passion presented as products and services. If you are not marketable, what you are marketing won’t be sold.

Honesty and integrity are beauty to be desired. They are the virtues and character anyone who must sell must have if their product will ever be sold out.