The Entrepreneur Forum | Financial Freedom | Starting a Business | Motivation | Money | Success

I have a problem with MJ DeMarco (Follow your passion gets a beatdown)

Learn how to build wealth and win financial freedom the Fastlane way!

Say "NO" to mediocre living rife with jobs, ascetic frugality, and suffocating savings rituals— learn how to build a Fastlane business that pays both freedom and lifestyle affluence. Join more than 70,000 entrepreneurs who are making it happen.
Join for FREE Today
Get the books
Remove ads? Join Fastlane INSIDERS
(Registration removes this block)

MJ DeMarco

Administrator
Staff member
FASTLANE INSIDER
EPIC CONTRIBUTOR
Read Rat-Race Escape!
Read Fastlane!
Read Unscripted!
Summit Attendee
Speedway Pass
Jul 23, 2007
33,441
128,637
Alpine, UT
Your passion will die a slow death in absence of appreciation (as per MJ feedback loop). Check out M J interview for knowledge for men podcast . Plus following passion is selfish thing to do ...fast lane most of the time honour selfless service rather selfish pursuit .

A complete explanation on why "passion" does not lead, it follows.

Feedback loops...

And why Steve Jobs was wrong. (But not lying.)

 
Don't like ads? Remove them while supporting the forum: Subscribe to Fastlane Insiders.

KBT

New Contributor
May 21, 2019
2
6
First of all I have read the Fastlane Millionaire every year for the past 3 years or so. I love the book. And yes I already order Unscripted I'm still waiting for it in the mail.

I respect MJ Demarco and his work but since the the first time I read his book I can't get over the fact that he says that money is more important than your passion. That doing what you love will not make you rich.

Imagine you're on your deathbed sweaty, nervous, trying your best to stay awake because you know that as soon as you go to sleep that will be the last time you close your eyes. You're dying on a 24k gold bedframe. But you don't care nor notice all that, you keep going back to that one thing you always wanted to be. A guitarist.

That was your dream and what you enjoyed most. But it wasn't paying the bills or putting food on the table. Nobody was buying your music either because they were been torrented. Yet you still enjoyed yourself and could survive off ramen noodles as long as your guitar was properly tuned.

But the pressure from your family to provide food and shelter made you take a detour on your dream. That detour led to riches but it also robbed you of your time with your precious guitar. Yet everytime you saw your dusty guitar in the coner of your room you told yourself next week I'll have free time to play. But you never did.

And yes I know money can buy you some good guitar lessons, your own record label, and even a recording studio. But unless you're Fastlane it won't give you time. So you either choose to strive to be rich or to follow your passion. Comfort in life or regret while dying.

Both passion and riches are essential for your life so is it possible to combine them both? Or are we forever force to decide for either or?
If you go back to Millionaire Fastlane , it's about developing the freedom to play the guitar. If you love playing the guitar and want the time to play, you've got to figure out how to generate income. Solve that part, and you'll be playing the guitar 24/7.
 

ecommercewolf

Bronze Contributor
Speedway Pass
Jan 8, 2019
258
243
Dallas, TX
Think about how many people there are in the world that enjoy playing guitar like yourself & think about the percentage of those people that never have to worry about money by playing guitar...

You enjoy playing guitar... RESPECT

The point is you have a better chance at going Fastlane with an idea that's not guitar that then ALLOWS you to play guitar 24/7 whenever you want.

Pursuing your passion towards profits in this case isn't the best idea.
 
Don't like ads? Remove them while supporting the forum: Subscribe to Fastlane Insiders.

MJ DeMarco

Administrator
Staff member
FASTLANE INSIDER
EPIC CONTRIBUTOR
Read Rat-Race Escape!
Read Fastlane!
Read Unscripted!
Summit Attendee
Speedway Pass
Jul 23, 2007
33,441
128,637
Alpine, UT

James Orman

Contributor
Dec 22, 2019
26
23
It's about creating a business that will free your time to pursue any passion you want. If some of your passions align to creating a valuable product or service that is in demand it is an extra benefit or motivation.
 
Don't like ads? Remove them while supporting the forum: Subscribe to Fastlane Insiders.

payingkarma

Contributor
Sep 16, 2019
44
78
This is the issue are the wannabes are missing.

Everyone who is super successful in a inspirational niche -- musicians, players etc.-- will tell the same damn thing. "I was in love with "X" and I followed by passion" ....

Kobe Bryan and LeBron James said they followed their passion ... but I'm only 5'8... I don't have a chance.

So it's what is called the "SURVIVORSHIP BIAS" .... a Million was passionate about basketball, but 2 topped the chart and you listen to their speech.... "Do what you love"...

What you need to ask is "what are the factors that contributed to someone's success" -- there're 100 odd factors, passion was one... that helped them kept going.

Passion is a NICE to have feature for success, but not a MUST have.
 

Puripong

New Contributor
Read Fastlane!
Read Unscripted!
May 19, 2016
17
13
The entrepreneurs who succeed in both financially by doing the things they love have two things in common.

1. They have what the market needs, with a large enough market.

2. And they could do it well.

If they do things they love but can't make money (Because there is no market demand), then it is just a hobby, not a business. Not everything you passionate about could be turned into a business that generates a sustainable income.

If your primary goal is to make money, you should look at what the market wants more than what you love to do. That is what I got from reading that chapter in a book.
 

FierceRacoon

Bronze Contributor
Speedway Pass
Jun 1, 2019
207
282
Think about how many people there are in the world that enjoy playing guitar like yourself & think about the percentage of those people that never have to worry about money by playing guitar...

Enjoyment doesn't count as "passion", by any standard. If you are willing to pay the price by slowly getting better at playing guitar, one decade after another, then eventually you will find a way to pay the bills. Of course, you can first spend 7 years to become a millionaire, but that is 7 years during which you could've been getting better at guitar. If your ultimate goal is becoming very good at it, then by all means, ignore MJ's advice.

However, most people don't have a passion in this sense.
 
Don't like ads? Remove them while supporting the forum: Subscribe to Fastlane Insiders.

WJK

Legendary Contributor
EPIC CONTRIBUTOR
Speedway Pass
Oct 9, 2017
2,355
5,347
Alaska
Enjoyment doesn't count as "passion", by any standard. If you are willing to pay the price by slowly getting better at playing guitar, one decade after another, then eventually you will find a way to pay the bills. Of course, you can first spend 7 years to become a millionaire, but that is 7 years during which you could've been getting better at guitar. If your ultimate goal is becoming very good at it, then by all means, ignore MJ's advice.

However, most people don't have a passion in this sense.
Why must one do one or the other? Can't you build a successful business and spend your spare time learning to play the guitar? Working long hours isn't equal to that work consuming all of your time 24/7. I've been able to earn 4 college degrees while working 60 to 70 hours per week -- and that education includes my Juris Doctorate from law school when I was in my early 40s. Oh, and I also raised two families of kids -- 2 sons before law school and my step kids after law school when I re-married. Learning to play the guitar during those years would have been a piece of cake.
 

FierceRacoon

Bronze Contributor
Speedway Pass
Jun 1, 2019
207
282
Why must one do one or the other? Can't you build a successful business and spend your spare time learning to play the guitar?
Well, I am talking at least learning to a point that you can pay rent by teaching it and pay for coffee by performing.
 

srodrigo

Silver Contributor
Read Fastlane!
Read Unscripted!
Speedway Pass
Sep 11, 2018
490
610
Why must one do one or the other? Can't you build a successful business and spend your spare time learning to play the guitar? Working long hours isn't equal to that work consuming all of your time 24/7. I've been able to earn 4 college degrees while working 60 to 70 hours per week -- and that education includes my Juris Doctorate from law school when I was in my early 40s. Oh, and I also raised two families of kids -- 2 sons before law school and my step kids after law school when I re-married. Learning to play the guitar during those years would have been a piece of cake.
It's impressive how much you've achieved. However, having a full-time job, building a business on the side, and also having time for hobbies, health (preparing healthy food + exercise), etc. It's more than challenging for most mortals. Learning how to play an instrument well takes years even spending 3-4 hours/day.
 
Don't like ads? Remove them while supporting the forum: Subscribe to Fastlane Insiders.

WJK

Legendary Contributor
EPIC CONTRIBUTOR
Speedway Pass
Oct 9, 2017
2,355
5,347
Alaska
Well, I am talking at least learning to a point that you can pay rent by teaching it and pay for coffee by performing.
Ah, setting up a business to support yourself is a different matter from learning the skill of playing the guitar. That's an expert level that takes a lot of time -- at least 10,000 hours of performance experience... and that can take years of positioning yourself in that industry. In the meantime, it's a good idea to keep your day job. Eating and a roof over your head are both important creature comforts.
 

SamRussell

Gold Contributor
Read Fastlane!
Read Unscripted!
Speedway Pass
Dec 3, 2018
688
1,149
UK
I think there's a distinction we're all missing that's generating a bit of confusion,

there is a difference between playing guitar for fun, and wanting to be truly great at it.

If you want to play for fun, then fastlane all the way - figure out your business, then enjoy your time noodling away.

If you want to be great at guitar (or writing, art or whatever), then getting in the practice hours has to be the priority, and you have to figure out getting by in the meantime.

There's only so many hours in the day and being great at something requires all of those hours.
 

eterogeniusbrain

New Contributor
Feb 9, 2021
6
2

I follow my passion since im 15, im a mentally challanged guy, 23... when you are passionate about something even if you are very dumb you tend to perform better and longer and come with very good ideas about your passion because you spend so much time on it. The feelings of passion are very important maybe more greater than love, but is more important than everything else if you think about it when it comes to feelings. So I disagree with you. And why passion would be for fools.... If im a fool im a fool not matter what I do.... If im smart I am smart.... enjoyments count as passion....

Passion has to do little with intelligence, intelligence is very complex, you are trying to pair passion with capacity and its wrong... Intelligence is very intricate

Yes, it can pay the bills and the bills of all the world, the richest of the world follow their passion. If someone tells you to not follow your passion is because he wants you to stay off your track and draining you in a silence way towards success or doesn't know what the individual is talking about.
 
Don't like ads? Remove them while supporting the forum: Subscribe to Fastlane Insiders.

Felixm

New Contributor
Read Fastlane!
Dec 1, 2020
9
3
@MJ DeMarco does have a point. When you use your passion toget money. With time the passion erodes, and slowly by slowly you develop a hatred towards your passion. If you tackle the money problem first, by developing a C.E.N.TS fastlane strategy that is able to generate streams of income . You will find rhaf you will have adequate time to even develop your passion the way you want
 

MJ DeMarco

Administrator
Staff member
FASTLANE INSIDER
EPIC CONTRIBUTOR
Read Rat-Race Escape!
Read Fastlane!
Read Unscripted!
Summit Attendee
Speedway Pass
Jul 23, 2007
33,441
128,637
Alpine, UT
In Benjamin Hardy's new book, Personality Isn't Permanent, a book that is widely being read around here, he gives the "follow your passion" platitude a complete and utter beat-down.


As I've been saying it for years and years back when few people would say it, passion is a horrible business model and it's a horrible centerpiece for personal growth.

Yes, passion plays a role, but culture, like many things, is foisting up passion as something to precede an effort, when it is actually something that follows an effort.
 

WJK

Legendary Contributor
EPIC CONTRIBUTOR
Speedway Pass
Oct 9, 2017
2,355
5,347
Alaska
In Benjamin Hardy's new book, Personality Isn't Permanent, a book that is widely being read around here, he gives the "follow your passion" platitude a complete and utter beat-down.


As I've been saying it for years and years back when few people would say it, passion is a horrible business model and it's a horrible centerpiece for personal growth.

Yes, passion plays a role, but culture, like many things, is foisting up passion as something to precede an effort, when it is actually something that follows an effort.
You're right. I don't know about you, but I generally don't like to do things I'm NOT good at doing. It takes time and effort to start to enjoy an activity -- which usually follows the curve of getting better at it. I don't get passionate about much of anything that I don't enjoy doing. So the idea of following your passion seems like an oxymoron to me. You can think that you might be passionate about doing something -- until you actually try it and don't obtain instant success. If you get that instant success, and it's not challenging, it becomes "last-year's-Christmas-trash" pretty quickly. So, like you, my passions that are sustainable follow the effort.
 
Don't like ads? Remove them while supporting the forum: Subscribe to Fastlane Insiders.

David Fitz

Bronze Contributor
FASTLANE INSIDER
Read Fastlane!
Speedway Pass
Jan 30, 2020
157
286
Ireland
I paid for a mentor who is a millionaire in USA selling men's underwear.

One of the first things I asked him was how was he passionate about selling men's underwear?

He said he wasn't passionate about underwear, he was passionate about making money.

Money has given him freedom in his 40s to do whatever the hell he likes.

I say find something you can enjoy that makes you money. Doesn't necessarily have to be your passion but you do need to enjoy it.
 

Kevin88660

Gold Contributor
FASTLANE INSIDER
Read Unscripted!
Speedway Pass
Feb 8, 2019
1,780
2,051
Singapore
First of all I have read the Fastlane Millionaire every year for the past 3 years or so. I love the book. And yes I already order Unscripted I'm still waiting for it in the mail.

I respect MJ Demarco and his work but since the the first time I read his book I can't get over the fact that he says that money is more important than your passion. That doing what you love will not make you rich.

Imagine you're on your deathbed sweaty, nervous, trying your best to stay awake because you know that as soon as you go to sleep that will be the last time you close your eyes. You're dying on a 24k gold bedframe. But you don't care nor notice all that, you keep going back to that one thing you always wanted to be. A guitarist.

That was your dream and what you enjoyed most. But it wasn't paying the bills or putting food on the table. Nobody was buying your music either because they were been torrented. Yet you still enjoyed yourself and could survive off ramen noodles as long as your guitar was properly tuned.

But the pressure from your family to provide food and shelter made you take a detour on your dream. That detour led to riches but it also robbed you of your time with your precious guitar. Yet everytime you saw your dusty guitar in the coner of your room you told yourself next week I'll have free time to play. But you never did.

And yes I know money can buy you some good guitar lessons, your own record label, and even a recording studio. But unless you're Fastlane it won't give you time. So you either choose to strive to be rich or to follow your passion. Comfort in life or regret while dying.

Both passion and riches are essential for your life so is it possible to combine them both? Or are we forever force to decide for either or?
Generally it is need/market demand triumphs over passion. The market only cares what you can do for them.

I think there are exception cases where passion is probably equally important. If you look at content creation where Matthew Effect (winner take most) dominates, it takes a lot time before someone gets famous and the perseverance and self-doubt would have kicked in before he or she gets. The conviction to carry on cannot rely on market research only (this is growing market segment...needs are strong... I will survive through until I create my brand and barrier to entry.."

All business have competition and any high initial margin will get eroded away. If you are passionate about it there is a high chance of you improving your skill and escaping the rat race of competition.
 
Don't like ads? Remove them while supporting the forum: Subscribe to Fastlane Insiders.

Post New Topic

Please SEARCH before posting.
Please select the BEST category.

Post new topic

New Topics

Fastlane Insiders

View the forum AD FREE.
Private, unindexed content
Detailed process/execution threads
Ideas needing execution, more!

Join Fastlane Insiders.

Must Read Books...

Explore books recommended by MJ DeMarco and other members of the Fastlane entrepreneurial community.
Fastlane Bookstore
Top