Scott Galloway argues passion doesn't pay bills. Chasing dreams in fashion, DJing, or elite athletics means less than 10% employment rates. Instead, master a skill in a high-demand field where 90%+ get hired, earn money, and let passion follow.
What are the behaviors and what are the strategies of the person who makes about the same amount of money but ends up financially secure? And it comes down to some pretty simple things. The first is in order to have financial security, you got to make money. There's just no way around it. And I find that that's more about focus than it is about what I'll call passion. The worst advice you can give a young person is to follow your passion. Because usually what that means is a lot of young people will conflate passion with hobbies, you were an athlete. That has about a 0.1% employment rate. So unless you're getting green lights very early that you're in the 0.1%, I would suggest you leave that industry earlier rather than later. Fashion, opening a restaurant, a club, being a DJ, all 90 plus percent unemployment rates. The key is to find your talent. What could I develop ninja like mastery in an industry that has a 90 plus percent employment rate? and then your ability to make money, that will make you passionate about whatever it is.
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