HOW to FIND YOUR BUSINESS PASSION!

Evan Carmichael argues that money-driven businesses fail, but passion-driven ones don't. He spoke to a nearly empty YMCA room and realized he'd teach entrepreneurs for free. Find what you'd do without pay, make sure it helps people, and you become unstoppable.
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How do you know what business you should start? It's one of the most common questions I get asked, and again I got asked it in a different form from one of our YouTube viewers, Ronald, who wrote in saying, "How do you know what you really wanted? How did you learn how you could help people? How did you sort out all your ideas, feelings, and find the one that was most important to you. So thanks for the question, Ronald. It's a great question to really spend time thinking about because too many entrepreneurs start just trying to make money, and if your goal in business is just to make money, you're gonna fail. The guys who start a business just trying to make money almost never do. You have to start a business around something that you're deeply passionate about and something that you know really helps people. How did I find what I like to do, what I love to do? The story I like to tell is after I sold my first business, I was asked to do a lot of speaking. People wanted me to come and help their group of entrepreneurs, and I remember doing one of my first events was with the YMCA, and they promoted this event. I promoted, and I spent a couple weeks preparing, and I was gonna help change the lives of these people who are coming out to this event. And I remember walking through the building all excited, ready to go with my presentation, going up the elevators, going into the room, big room full of chairs, and everything stopped for me for a second because I walked into that room and there were only 3 people who showed up. And I took a deep breath, you know, because that sucked to do all that promotion and preparation for only 3 people to show up. But I did my presentation and I helped those 3 people that day, helped change their lives, change how they think. And while most people might have thought of that as a failure, I loved it. There was something about it I just loved to do, and I knew I had to go and do it again. And even if I wasn't making money doing it, I'd have to find a way to keep doing it. I'd take a job on just so I can keep doing it again. And that's how you know if you're on the right path. If you look at any famous entrepreneur and how they got started, at the core is a deep love for what they do. And they had failure after failure after failure in terms of business, making it a success, but they kept going because they loved it. So you've gotta find that thing that you love to do, that you would do even if you weren't making money. It makes you feel good. It makes you wanna help people. It makes you wanna do it again. That's how you know you're on the right path. It's got to be a combination of something that you love doing that also helps people in a very meaningful way. If you can combine that, you're going to be unstoppable. Don't just jump into an idea because you think you can make a lot of money out of it. You're going to end up quitting in a couple months, losing a lot of money on it, losing a lot of time, being frustrated and angry. It's got to be something around an idea that you deeply believe in and that you know helps people. It's a great question. Thank you for asking for it. I hope you guys watching it will take it into consideration when you're planning your business. For those of you watching, if you did like it, this video, please give it a thumbs up. I love seeing those comments. It makes me want to do more. And if you have a question for your own business, feel free to leave it in the comment section below. I always read those. I love seeing them come in. So thank you, and I'll see you on the next episode. [MUSIC] [MUSIC]
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