How to find your passion in life

How do you find your passion for what business to start? I got a great question from a YouTube viewer. Love you guys. Blahblah7455 wrote in a long message, but basically saying, I love what you're doing with the videos. I don't know yet what my passion in life is. If you have any suggestions for my business on how I could find what I really like in life, feel free to answer me. Thank you in advance. So, blah blah, great question. This is the most important thing you need to figure out with your company before you get started. So congrats on spending the time to think about it and, and be willing to write in and ask for help. Most entrepreneurs don't do that, and if you start a business just trying to make money, you're not going to. The most important thing to figure out when you're starting a business is what is your passion. So there's a couple ways to do it, okay? The first off, think about things that you love to do. Don't tie it to business yet. Just think about things that you love to do, things that you can get lost in, things that you start at 9 in the morning and you look up and it's already 3 in the afternoon. What do you love doing in life? Okay, then think about things that you want to do, things that you haven't tried yet, but you have a deep desire to learn about. Or experience. And number 3, think about frustrations that you've solved for yourself. Things that you had a huge problem with and you got so frustrated that you couldn't find an answer anywhere, so you solved it yourself. You made something to solve that problem. Okay, those 3 things. Make a huge list of all the ideas that just come to your mind as you start writing those things down. Okay, so what do you love doing that you can get lost in? 2, What do you wish you could do and spend time on? And 3, what frustrations have you solved for yourself? Make a huge list of those things. Then you want to think about where does it actually add value to people's lives? Okay, the more value you can add to somebody's life, the more you're helping them out, the more money you're gonna make. The more of an impact you're gonna have, the more people are gonna pay you to solve this problem for them. So you may like sitting down and playing video games all day, but if that's not adding value to somebody's life, then you're not gonna be able to turn into a business. So of all the ideas that you wrote down, try to score them. Try to think about which one has the most value. And the most successful business idea that will come from that is the one that matches up with something that you love doing and has a lot of value. You can combine those two things, that is your powerful winning business idea. I went through the same thing with my business. So when I sold my software company, I didn't know what I wanted to do. I didn't have to go work, but I wanted to work. I like work. And I was trying to figure out what kind of business do I want to start, and I realized that I really love helping entrepreneurs. I could start talking entrepreneurs and lose complete track of time if I feel like I'm helping them with their business or they're giving me ideas. I just love entrepreneurs. Maybe I'm the crazy one, I don't know. I love it. I love hanging out with entrepreneurs. I love talking to you guys. I lose track of time. It makes my day every day. I didn't know how to turn into a business yet, but I knew it had to be something around helping entrepreneurs. And I played with my business model and I found different ways to make it work. I started a website, so now we have over 20 million people visited the website. I've done some coaching and consulting work. I've done some paid blog posts. I've sold advertising. I've tested out products for different companies that still relate to entrepreneurship. So I've created this little empire around helping entrepreneurs, because it's something I believe in and I love doing. So it's something I can get lost in, so it meets the first criteria, and it adds a lot of value to other people's lives, other entrepreneurs, right? Why are you watching this video? Why do I make these videos? Because I love entrepreneurs. I love helping you guys out. I love hearing your questions. I want to see you be successful. I want to see you build a huge company, follow your dreams, make some magic happen, change the world. I love that stuff. And so I surround that with me every day. I surround myself with that. And so you want to do the same thing with whatever business you start. So finding your passion, you should get excited like I just got excited, right? You heard the passion come out in my voice. You should get excited for whatever it is that you're going to start to do. So go through that process, go through those steps that I mentioned, come down to the one idea that you love and adds a lot of value to people's lives, and you are on track to build a successful company. I know it's hard, I know it's challenging, I know— I know you want to start a business, right? We want to get started, we don't want to wait, we don't want to go, you know, spend all this time coming up with an idea. You want to get started now. You want to live the entrepreneur lifestyle, I get it. You want to make sure you do it right. Most businesses fail, right? 80% of businesses fail in 5 years. 80%, it's crazy. And a lot of them don't take enough time on this first step, finding their passion, figuring out what they're excited about and building a business around it. So congrats on taking the time to figure that out. Good luck and believe. Thank you everyone for watching. If you like the video, please give it that thumbs up below. Makes me wanna do more for you. And I wanna hear what you have to think. Please leave a comment under this video, or if you have a question for your own company, leave a comment below and I will make a video response for you. Thank you, and I'll see you soon.