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TMF vs Doing something you enjoy doing the rest of your life

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Wiezel

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Do something you enjoy doing the rest of your life
vs
Scaling a business and enjoy your freedom when you are financial independent


First one: you'll do something you really enjoy doing so it won't feel like work. Downside is that you might still need to 'work' till you're 70 years old.
Second one: you'll do something you might not enjoy but is neccesary (solving a need) but you'll be 'free' in a shorter period of time with financial benefits.

Thoughts?
I believe both can be a great decision, it's depending what you want out of life.
 

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Yzn

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Do you mean do something you enjoy till 70 years old as a job that you enjoy?

The problem with that is you can't control your job. One day the company goes bankrupt and you'll need to find another job. One day your "good" boss is fired and you get a boss that will kill you by making you do stuff that you don't enjoy.

Another thing is what if you stop enjoying what you do in 10 years time?

On the other side, having a fastlane business will free you financially, therefore you're now open to doing whatever you feel like. Even if you do it free of charge and you're enjoying it, you don't care, unlike that job you enjoy.
 

Vitaly the Winne

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Why not both?

Create a fastlane system, and then enjoy doing whatever you like. If you want to work a job, work a job, and if you end up not enjoying it you're not obligated to work. The freedom of choice sounds like the most logical option, because it will open up other freedoms.
 

ShamanKing

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I thought they compliment each other? Create a system where you generate wealth without being there physically hence you can do things you enjoy/love.
 

MJ DeMarco

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I don't know about you, but creating a system that enhances the quality of many people's lives and deposits dollars in my bank account all the time without me having to do much is quite enjoyable.
People who have yet to experience this connected feedback loop of value don't understand this. (Although "without having to do much" takes considerable time).

That's why "follow your passion" and "do what you love" continues to persist.

People simply want to avoid transformative pain.

They believe starting and running a business is not enjoyable.

This question sounds either/or when you can have both - you can enjoy your work while also make a huge financial impact.
 

Bearcorp

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In my experience people that work for someone else but say they love what they do are kidding themselves so they don't have to face the reality, that really they wish they had freedom.
 

Vitaly the Winne

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People who have yet to experience this connected feedback loop of value don't understand this. (Although "without having to do much" takes considerable time).

That's why "follow your passion" and "do what you love" continues to persist.

People simply want to avoid transformative pain.

They believe starting and running a business is not enjoyable.

This question sounds either/or when you can have both - you can enjoy your work while also make a huge financial impact.
I was just literally listening to TMF and got to the part about following passion, it makes sense why sometimes we don't need to focus in getting paid to do what we love because we aren't great at it, and the marketplace rewards exceptionalism and greatness.

Would you hire a great or an average band to play at a wedding? And would the catering company be just okay, or have a proven track record?

Although we love some things, it doesn't always translate to value in the marketplace, and understandably consumers won't vote for our business with value vouchers because there are better options.
 

Rabby

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I'm going to echo that this is a false dichotomy. Free yourself, have fun doing it, and then have even more fun as a more self reliant person. It's not a bad formula. What makes you think that employment, or a business you can't scale past basic ends meeting, will make it easier to enjoy whatever it is you enjoy? Why is this the choice?
 

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Matt Hunt

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My problem is that in my life I've had like 5 or 6 different passions. They come and go. I discover something new, I go all in, then I end up losing interest. So what happens if I'm doing something I love, but not making much money, then I stop loving it? Now I'm doing something I don't love... and not making much money.

TMF opened my eyes to this and changed my course. I've really never loved any job I've had. I tend to change every 2 years. I had been pursuing what I love to try to make a living out of that, but hadn't gotten anywhere in the last 2 years.

So for me, the better course is to get to financial freedom. Then I can do whatever I want, and if whatever I want changes, no big deal.
 

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