Friday, September 19, 2014

✔ It's all about passion! - Chapter 2 - Passion 1: Money [part 3]

Note: This is a 7th excerpt from my book "It's all about passion" which I wrote and shared as a gift to my readers and my Nozbe customers on my 35th birthday. You can get the entire digital ebook (PDF, Mobi or ePub) for free or buy from Amazon (all proceeds go to charity).

I will be publishing the entire book as a series of blog posts over the next weeks here every Friday, so you can read it bit by bit (I know you might be too busy to read an entire book at once). I'm also doing it to be able to "talk to you" about each chapter in the comments section below, so make sure to post your feedback, questions and your passion-related stories in the comments. Thank you for your passion!

"It's all about passion!" - The 7 types of passion I discovered over 7 years of running my productivity startup

Chapter 2 (part 3) - Passion 1: Money

It's all about passion - chapt 2_3

Money drives passion in a healthy way

When you love your product and your customers share the love by sharing with you their hard-earned cash, it steams up passion from both sides. You're even more passionate about doing what you do as you get this confirmation in something tangible also known as "money".

I've found that to be very true in my case. The more I earn with what I do the more motivated I am to make my business even better, more reliable and strong. Money, when approached wisely is an enormous motivator that helps you drive your passion forward and you share it with your customers along the way.

Earning money is also a skill - learn it

Asking for money is not easy. Designing a product in a way it entices the people to pay you and learning the pricing the hard way (by overcharging or under-charging) is not as straightforward as it seems.

I've met many startup founders who gave up way to easily because they didn't see the affirmation of their work in a form of healthy income coming in because it doesn't "just come" easily.

Friday, September 12, 2014

✔ It's all about passion! - Chapter 2 - Passion 1: Money [part 2]

Note: This is a 6th excerpt from my book "It's all about passion" which I wrote and shared as a gift to my readers and my Nozbe customers on my 35th birthday. You can get the entire digital ebook (PDF, Mobi or ePub) for free or buy from Amazon (all proceeds go to charity).

I will be publishing the entire book as a series of blog posts over the next weeks here every Friday, so you can read it bit by bit (I know you might be too busy to read an entire book at once). I'm also doing it to be able to "talk to you" about each chapter in the comments section below, so make sure to post your feedback, questions and your passion-related stories in the comments. Thank you for your passion!

"It's all about passion!" - The 7 types of passion I discovered over 7 years of running my productivity startup

Chapter 2 (part 2) - Passion 1: Money

It's all about passion - chapt 2_2

When you're only motivated by money - you will lose

Everything was going as I had planned. Then suddenly one competitor showed up. And another. And one more... and my unique "business opportunity" space started getting crowded.

And these other guys were building a better product than mine! And with more features! Better design, offer, whatever the bottom line was, I started to lose ground.

The thing is, if you're only motivated by the money, you're going to lose interest quickly. This is what happened to me. I started giving up. It was supposed to be an easy business! I was supposed to be rich and famous! What gives?

Friday, September 5, 2014

✔ It's all about passion! - Chapter 2 - Passion 1: Money [Part 1]

Note: This is a 5th excerpt from my book "It's all about passion" which I wrote and shared as a gift to my readers and my Nozbe customers on my 35th birthday. You can get the entire digital ebook (PDF, Mobi or ePub) for free or buy from Amazon (all proceeds go to charity).

I will be publishing the entire book as a series of blog posts over the next weeks here every Friday, so you can read it bit by bit (I know you might be too busy to read an entire book at once). I'm also doing it to be able to "talk to you" about each chapter in the comments section below, so make sure to post your feedback, questions and your passion-related stories in the comments. Thank you for your passion!

"It's all about passion!" - The 7 types of passion I discovered over 7 years of running my productivity startup

Chapter 2 (part 1) - Passion 1: Money

It's all about passion - chapter 2.1

"Money was never a big motivation for me, except as a way to keep score. The real excitement is playing the game." - Donald Trump, investor, author of "The Art of the Deal"

Money makes the world go around... kind of.

Money rules the world we live in right now. No doubt about that. But it's not what it's all about. Money is just a means to an end - a happy, fulfilled life.

It sounds nice in definition but the media want us to believe otherwise. In the consumerist world we live in, it's all about the money - it gives you power, cars, houses... the media wants us to believe we can buy ourselves a way into happiness.

The same applies to the startup world. Young, aspiring entrepreneurs are reading high-profile tech blogs where they learn about other young guys cashing it big time with huge company valuations, amazingly big venture capital rounds and fantastic financing opportunities where millions of dollars are just laying around there to be picked up.

These big sums of money only make young startup founders blind. They have very often never even seen more than a few thousand of dollars at a time, yet they seem to subconsciously redirect their motivation towards "getting rich quick... or die trying" (as the rap star 50cent would say).

I was like this when I graduated from college. I wanted to make it big for fame and fortune. And I failed several times to finally understand that to be passionate about money you need to approach it from a totally different angle.