Need some advice (follow your passion? Binary options?)

[MitchC]

Perhaps?

That part is green for a reason

 

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[6Figure30's Guy]

Follow passion. Makes work less like 'work'. Your customers will naturally see, feel and hear your passion. Resulting in sales, prosperity and success. Now go make it happen!

 

[blackhat]

He's not saying he started building computer and loved it. No! He says we founded Apple, we grew apple for 10 years. We had 4,000 employees. We had just launched our best creation yet. I got fired! I was still building an amazing company...

He loved taking Apple from two people in a garage to $2b in sales and 4,000 employees. That's what he loved doing. He built an empire on an idea. The idea that he could find an untapped desire in the market and build a solution to fill that desire with the best possible hardware in the world.

That's what he did when he returned to Apple. He took his struggling empire that had deflated due to dry unimaginative management, and made it one of the best companies in the world by rebuilding the empire to give the market things it didn't know it wanted.

You gotta love the grind. You have to have passion for the niche your business is in--not a passion for the work itself, or even the product--but a passion for providing things so valuable to people that they will wait in line to get them. Sure Jobs liked his iPads, but he probably LOVED the market response and the way his empire strengthened off the back of his thesis: Make great things. Never settle. Be different.

+Rep

This is great. At face value, it does sound like he (or any successful person, really) is talking about the specific industry and products, but when you read into it a bit, it really is about more.

 

[randomnumber314]

+Rep

This is great. At face value, it does sound like he (or any successful person, really) is talking about the specific industry and products, but when you read into it a bit, it really is about more.

Love your location!

 

[Lex DeVille]

I find the best entrepreneurs don't try to solve exisiting problems but they focus on creating new capabilities. It's putting their own twist to create something that they'd like to see that didn't exist before that happens to fill a need and when you get an idea you really resonate with you, you get more passionate the more you work at it. Steve Jobs was such an example imo.

A good entrepreneur finds a need, then solves it by adding a twist that makes it solve people's problems in new & better ways.

Not the other way around.

The other way around makes good inventors. Not entrepreneurs.

That's not my opinion. That's reality.

 

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[Unknown]

Sounds as "Ali Baba's cave". I'd be interested in this stuff. How much is "Open Sesame" for a month?

$10 a month. Without Vigilante's thread on the inside I'd still be sitting around wishing for a business. You still have to be willing to put in the effort though. It's not like joining the inside will just make you rich over night

Oh and if your Ali Baba reference is claiming that the inside is thievery you're completely wrong.

 

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[GuestUser113]

Isn't it better to find out if it will sell BEFORE you spend a lot of time building it?

The market telling you, it’s giving you some feedback and it’s telling you what you’re doing isn’t really working. You need to pivot, you need to switch. - MJ

Burbn to Instagram. http://www.inc.com/eric-markowitz/life-and-times-of-instagram-the-complete-original-story.html

" Burbn was not, however, terribly successful. The app was too complicated, Sawyer points out, and had "a jumble of features that made it confusing." Systrom, however, kept tweaking the app. He paid attention to how people were using it. He brought on another programmer, Mike Krieger; the pair used analytics to determine how, exactly, their customers were using Burbn. Their finding? People weren't using Burbn's check-in features at all. What they were using, though, were the app's photo-sharing features. "They were posting and sharing photos like crazy," Sawyer notes.

At that point, Systrom and Krieger decided to double down on their data: They focused on their photo-sharing infrastructure and scrapped almost everything else. Burbn would become a simple-photo-sharing app. "

 

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[Vigilante]

I listened to that entire video during a drive time this morning. I listened to it specifically because you posted it, so I figured it would be worthwhile. It was.

 

[Iwokeup]

No, no he's not. Look at how enthusiastic any successful person is about the company they run. It's not that they love building computer, or they love selling people napkins. It's that they love building an empire. That is the passion people speak about in business.

For some reason people hear someone with success say stuff like "I wake up at 5:30 and read the newspaper while I ride the exercise bike. Then at 6:30 I have a fruit smoothie and head to the office" and take this as literal advice to do those activities. Stop. Don't. You're trying to replicate their routine that brings them success. Take the underlying implications as the advice.

The common theme you hear from successful people is to work hard, keep working, and learn to love what you're doing (working hard). Think about Job's words in this video,

I was lucky, I found what I loved to do early in life. Woz and I started Apple in my parents garage when I was 20. We worked hard, and in 10 years Apple had grown from just the two of us in a garage into a $2 billion company with over 4000 employees.
​

He ends that bit with

We had just released our finest creation the Macintosh a year earlier, and I had just turned 30. And then I got fired.
​

He's not saying he started building computer and loved it. No! He says we founded Apple, we grew apple for 10 years. We had 4,000 employees. We had just launched our best creation yet. I got fired! I was still building an amazing company...

He loved taking Apple from two people in a garage to $2b in sales and 4,000 employees. That's what he loved doing. He built an empire on an idea. The idea that he could find an untapped desire in the market and build a solution to fill that desire with the best possible hardware in the world.

That's what he did when he returned to Apple. He took his struggling empire that had deflated due to dry unimaginative management, and made it one of the best companies in the world by rebuilding the empire to give the market things it didn't know it wanted.

You gotta love the grind. You have to have passion for the niche your business is in--not a passion for the work itself, or even the product--but a passion for providing things so valuable to people that they will wait in line to get them. Sure Jobs liked his iPads, but he probably LOVED the market response and the way his empire strengthened off the back of his thesis: Make great things. Never settle. Be different.

This got a bit wordy, but the ultimate point is that it doesn't matter what you sell, it matters how you sell it. It matters that you love the process of creating, marketing, and fulfilling. <-- that, by the way, is the process we talk about. Create, market, fulfill. Once you create something and someone says, "wow, here's my money I want that," you'll be in love with the process too.

This is a GOLD post.

 

[theag]

I have an idea theag, how about I start liking all of your posts from now on but you send $20 to my rep bank per like?

So now you're whoring yourself out?

 

[GuestUser113]

What if you're passionate about money like Kevin O'leary?

 

[MJ DeMarco]

Thread tagged notable and retitled.

 

[GuestUser113]

 

[Wiggly0607]

Luffy I'm new here also but I would recommend starting with something you are good at. What kind of value do you specifically have to offer? Let that determine your starting point.

 

[Luffy]

You've heard it because it's true. Would feel good doing something you hate? That's like having a JOB!!!! EEEKK. Would you feel good doing something you don't do well? The trick is figuring out what endeavor will get you up in the morning, eager to move the ball forward. Self-assessment is tough and might be easier to start by asking friends or family. Even strangers can have a better perspective on your talents than you might. "Not stopping until I succeed" is pointless without a goal.

That is all well and good but it's also the reason I've been paralyzed untill now, I don't want to wait untill I figure out what I'm passionate about because I'll likely wait forever, aslong as I like something(which doesn't have to be passionate) I can live with it, I much rather do something now even if it's not perfect and adjust later. Your advice is great but it's not something I haven't been over already.

Luffy I'm new here also but I would recommend starting with something you are good at. What kind of value do you specifically have to offer? Let that determine your starting point.

If I knew the answer I don't think I'd be here right now, I would say welcome but you joined a long time ago.

 

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[Tim Freriks]

This isn't a ad, but you might want to check my book, Startup Assembly Manual. No matter what you start, you have to figure out if you can generate motivated customers first. Without motivated customers, you really can't build a successful product or business. It doesn't matter if you are the product or you create a product, the same approach applies. There's a process for that and it might be a good investigation tool for you to think it through.

 

[BigBrianC]

http://www.kilobolt.com/game-development-tutorial.html

Didn't give us anything to go on, you don't know your passions. Follow this tutorial, make the simple game created in the tutorial, add some unique features, get some unique assets made on Fiverr, release it, use that knowledge to create more simple 2D games. They don't have to be huge, complex games, simple fun cute games work just as well. Add in some IAP and make a little money on each game. Keep going and releasing different simple games. Add in various genres, separate from sidescroller to puzzles to trivia and so forth. Get to where you can release a new game every few weeks and you're cranking them out. Make a few hundred bucks a month on each game. Release 10-20 games, still making a few hundred bucks a month. Quit your job, crank out simple games quicker. Keep making more. Get a nice, steady passive income. Hire another developer. Expand. Scale, scale scale. Keep going. Profit.

There's no excuse. I laid out a clear plan for you, just like you asked. All you have to do is persevere and work hard. Make games that are simple, fun, addictive and challenging. Go.

 

[DeletedUser394]

It's not something I didn't know beforehand, I was never planning on Binaries being something longterm.

Again, he knows everything.

We're beating a dead horse here people.

Good luck Luffy. But I know you think you don't need it.

 

[theag]

@Vigilante wins the official* Fastlane Forum Weasel of the Day price. Congratulations, well deserved!

*not

 

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[splok]

Man I wish we could GOLD POSTS over THREADs.

Maybe make a gold thread, "random awesomeness" and copy great posts into it?

 

[Luffy]

I wouldn't get salty about losing that much money. It could be lots worse. Imagine if you invested years and tens of thousands of dollars into a failing idea.

Yeah good thing it happened quickly so I could move on from it sooner, it was a good experience.

Luffy,

Move your lazy a$$ and do sth that is meaningful and useful for others,

Stop f*cking around binary options and other shit,

Stop it before you lose even more.

Every time I see your post it is about the same shit.

I have quit already and moving on.

 

[ChrisJTurner]

Just purchase something that people buy and sell it for more.

There's some really great advice on this thread.
I've failed because I was chasing the money, you need to offer value, money will come.

Look in the mirror and you'll see your biggest challenge.

 

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[MJ DeMarco]

Nay, but being in the circle of need is definitely what makes anything possible.

 

[Unknown]

I don't see "what you love" having any bearing. Find a void in the market. Fill it. If the market wants a new design of a flyswatter, you don't have to love pest extermination to fill the void and help people. In fact, I propose the opposite. In the physical products arena, be product agnostic. Never fall in love with what you sell. Why? You are not emotionally invested in the transaction itself. Sell because it solves a need, not because you "love" the merchandise. Loving merchandise is borderline creepy, and makes you irrationally attached to commodity. I don't see emotions playing ANY role in what it takes to create a successful business. Passion about process? Yes. Passion about customers? Yes. Passion about value? Yes. Doing what you love? Zero requirement. Love is a weird rule to use, as it conveys an emotion rarely attached to business outcomes.

This should be a required read.

 

[randomnumber314]

Not sure all salesmen make 1000000 bucks a year.

Salesmen?

 

[ZCP]

Create value ..... as a business, in relationships, in posts on a forum ..... it is as simple as that.

 

[RisingStars]

I always wanted to start a own thread about a topic dressed in this thread, but I hope that its not necessary and you could give me a quick answer to my question here. I hope Luffy that you don't mind if I add my little question to this thread.

I read the posts from Vigilante and MJ DeMarco about passion. I agree with both of them, but I recently watched a video of Steve Jobs:

He talks a lot about passion and "do what you love" in the speech and he his of cause not some type of feel-good guru who tries to sell his books to the graduates.
Still he said stuff like: "Find what you truly love" "it will never feel like work"

If you don't have time/want to watch the whole video (In my opinion its worth it!) I wrote down the times where he sais stuff like I stated above:
5:45
6:55
8:15-8:55
9:35
(not 100% exact times he said the "important" stuff 10 sec later.

So I was wondering. Is it possible to make money while doing what you love? Steve Jobs said if he would die the next day he would to the same thing as every day. (build computers)
Is Steve Jobs just an exception who "got lucky" doing what he loves, while the rest of us have to live in a small rooms, working our asses of while forcing ourselves to learn coding (Just an example ofc) to maybe make it one day and have time to do what we truly love to do?

I would love to hear your opinion, MJ DeMarco and/or Vigilante (Every other opinion is appreciated too of cause, these two where only the posts of this thread I kept in mind about passion)

Thanks in advance.

 

[Luffy]

I think the best entrepreneurs don't try to solve exisiting problems but they focus on creating new capabilities. It's putting their own twist to create something that they'd like to see that didn't exist before that happens to fill a need and when you get an idea that really resonates, you get more passionate the more you work at it. Steve Jobs was such an example imo.

 

[GuestUser113]

Haha, glad you said something, because I bounced at 1:53, just before it got interesting enough to hold my attention.

Most of his videos start out rather slowly. hahaha

 

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[Guest14692]

My past experience with binary options ultimately sums up everyones experience with binary options...

Avoid it like the plague unless your ABSOLUTELY sure you can make it work and understand the psychology involved. I would also only trust NADEX, a new platform that is actually a US regulated exchange, over sighted by the CFTC.

Keep truckin'. Good luck finding something that is both profitable and your passionate about......

I'll tell you that I'm absolutely NOT passionate about what I'm currently selling ..... actually I wholeheartedly and fundamentally disagree with them and those who feel they are the answer to their "problems".... but they seem to be paying some bills!