Sunday, December 16, 2007

Making Your Passion Profitable

Once you have found your life purpose, how do you stay true to it? What if living your life purpose does not enable you to make a living? How do you stay the course of the journey when your life purpose does not produce enough visible money to enable you to pay your bills?

Often people wonder how they can pursue their passion and meet their financial obligations with ease. One approach to achieving this goal is to begin doing what you are passionate about as a part-time venture while still maintaining your full time employment. Look for opportunities to free lance or do work on a contract basis. This way you test the waters instead of plunging headfirst.

Also, network with people already in the industry you want to enter. You can find out how others made their passion profitable. Do not be timid about asking others for advice. People like talking about their successes. You may also learn about opportunities you can take advantage of without ‘quitting your day job’ just yet.

As my business as a storyteller got more profitable, I stopped doing birthday parties, coffee houses and other small venues because the clients had limited funds and my work was shaping up to be more suitable for larger venues. At the time, I knew a budding storyteller and I passed those gigs on to her. Not only did she get an opportunity to make money at her passion, but also with a recommendation from me, clients who may not have given a newcomer a shot, were now ringing her phone.

Another approach to ensuring that your life purpose is profitable is to be certain not to narrowly define your life purpose. Brainstorm different ways you can do the work you love. Think about non-traditional avenues to pursue your passion. Explore unconventional methods. Let’s say your passion is to have your own therapy practice. If you define your purpose that narrowly (own my own therapy practice) then you limit the opportunities available to you. Define your purpose more broadly such as:

“My life purpose is to use my skills as a mental health practitioner to help couples and families live happier, healthier lives.”

Do you see how other avenues become possible with this broadly defined purpose? You could conduct workshops on parenting. You could write articles for industry publications. You could do weekend seminars on subjects related to families and relationships.

To assist you in defining your life purpose and to allow for maximum opportunities, you should write a mission statement. This statement should define what you want to do; for whom you want to do it; and why you want to do it. In our example above:

What = use my skills as a mental health practitioner
For whom = couples and families
Why = to help them live happier and healthier

Having a mission statement also gives you clarity about your life purpose. Your mission statement can be your beacon of light to help you stay the course on your journey to purpose.

To summarize, to make your passion profitable:

• Begin with a part-time venture
• Network to find out how others did it
• Look for unconventional methods
• Broadly define a mission statement of your purpose

Consistently apply these tactics. Stay positive. Keep the faith. Soon you will find that the profits begin to roll in.

5 comments:

GRIOTWORKS BLOG said...

Great post. It's almost the verbatum information a Storyteller and Poet gave me in a hair salon 6 years ago:-)

In addition to understanding my life purpose, I had to take some time to understand my personality. The two together seem to be creating a very unique path.

Thanks again!

Joslyn

T. Dorsey said...

Joslyn:

LOL! Wise words were given that day in the salon.

Mark said...

This is great advice! We can be on purpose and make a living! Thanks for showing people how that can be done.

Hayden Tompkins said...

What is your mission statement?

T. Dorsey said...

Hayden:

The cliff note version of my mission statement ;-) is: To heal and inspire others through story, song and poetry to live more joyously, peaceful and abundantly. What's yours?