Short motivational talk by T. Harv Eker about choosing between following money (market trends/‘vehicles’) versus following passion, purpose, and meaning. Eker relates personal experience: he spent over a decade chasing hot businesses without success, then discovered his mindset, character, and alignment with what he loves determined success; his conclusion: do what you love and be smart about it to make money.
Chapters
So when it comes to choosing what business you're in, you know, one of the big questions people have for themselves is, should I follow the money or should I follow my purpose and my meaning and my passions in life? And, you know, it's a very hard question for a lot of people to answer, but it's an easy question for me to answer because I can only answer from my experience. Whose experience? Just mine. And I went through this when I was in my early stages of business for many, many, many years. And guess what I did? I always followed the money. I was really, really great. I would say, people would say, at knowing the trends, knowing what the hot businesses were, you know, what's up and coming, what's going to work, what businesses are working right now that I could jump into. I always thought if I found the right business, the right vehicle, the right car that was already going and people were making a lot of money at it, I could jump in that car and make a lot of money, too. Guess what happened? I was broke. I was broke for more than 10 years using that strategy. Finally, I said, screw it, I'm done with that. Because, you know, what happened was one of my friends, who definitely wasn't smarter or more talented than I was, was in a business. He told me about it. I started doing it. He was making a killing. I was going broke. And I realized it's not the business, it's me. I finally realized it's me. It's who am I like? What do I know? What's my mindset? What's my character, all those type of things. It was me that was the problem. And so if you follow the vehicle, you have to have the right vehicle, the right knowledge, the right you. But here's the thing. If you're just going for the money and there's not a lot of passion or meaning or purpose in it for you, you don't love it. You're probably not going to do very well at it. Why? Because you're always going to look for a way out because you're not going to enjoy it. And you know what? When you don't enjoy something, you don't want to put energy and focus and time into it. You don't make a lot of money at it to do well in business. You're going to have a lot of energy and time and focus on it. If you don't enjoy it really, you know, just for the money, you probably won't make a lot of money. The best way to make a lot of money is to do what you love and be smart about how you're doing.