• Read our RSS Feed
  • Connect on Facebook
  • Follow on Twitter
  • Connect on LinkedIn
  • Watch on YouTube
Jan
19

Wealth Advice: The Good, The Bad & The Passionate

in Business Success Tips, Wealth Coach

by Renee Wittrock

Being raised in a wealthy Los Angeles area has some real advantages. One of them is that you are right in the middle of your own personal wealth management machine. I mean these people are innovative wealth builders and they love to give you free financial advice. When you’re young you’re thinking it’s all great, but as we all know there’s going to be good and bad advice coming your way.

Here’s one example of bad advice that I got from one of my self-elected mentors. At my college graduation party, he told me that if you want to make a lot of money in life you either have to do something you love or something you hate. I bought into that philosophy lock, stock and barrel. Early in my career, I advised my clients with that statement many times.

What I came to realize, though, was what he really should have said was DO SOMETHING YOU ARE PASSIONATE ABOUT. This would have been the best advise I ever received and been well worth repeating. I know that because I took the, “do what I love” part of his advice to heart and went with it that.

It is the positive passion that helps you succeed and increases your happiness year after year. I could not imagine having chosen to do what I hate then putting in all of this effort and time for something that I hated doing just to make money.

I guess that party brought out the advisor in everyone, because it was also there that a very successful family friend told me to find a job with a good corporation and rise to the top. She told me that I would have time freedom because I would get paid vacation and personal days. She also sarcastically said that being self-employed would allow me to work any 16 hours of the day that I wanted and that I would just end up married to my work.

I can’t make any judgment about her first piece of advice because since that time I have not pursued any type of corporate career. As a matter of fact, since that time I have been enjoying all the freedoms of self employment in a business with my husband. Every day I do what I love with whom I love and I love every minute of it.

My advice: Live Passionately– love what you do and do what you love.

What is your passion? Are you actively engaged in it?

Tags  , ,

Post a Comment



(Your email will not be published)

* Required Fields