Home Courses Livestream On-Demand Resources Hall of Fame Store Training Schedule Guest: Sign In / Register

News Feed

A Practical Guide to Finding Your Passion Part 2

By: Nathan Chai, May 4, 2016

Welcome to A practical guide to finding your passion part 2.

Last month, we looked at the two things that help you to determine what your passion business project is. Those two things again are:

1.) The skill you’ve already made money with and enjoy using

2.) The people that you want to help 

If you haven’t read the initial blog post, click here to check out Finding Your Passion Part 1. I would also recommend that even if you did read the first post, quickly go back and refresh your mind with what you learned. You will get a lot more from this article if you have your own ideas fresh in your mind.

It’s often not immediately obvious how to link your skill and your chosen problem. So today we’re going to look at how to combine the skill and the problem that will provide you with some semblance of a business that you will feel passionate about.

Where does your skill fit into solving the problem?

The first port of call is figuring out exactly how your skill set can help solve the problem you’ve chosen to fix. In order to do this, you need to look at what your skill actually does.

To use myself as an example, the problem that I’m looking to solve is that we’re not able to pursue all the things we want in life when we trade a third of our day to producing money. My chosen skill is writing and my background is in editorial departments, so I created a website full of articles detailing how people can build investment strategies, manage their money, and how to increase their income.

Through writing, I’m able to effectively communicate an idea, lesson, or technique to someone. Therefore, my way of solving my problem (giving people more time to do the things they want to do), is through communication and education. In order to figure out what it is that your skill actuallydoes, you need to ask yourself the following questions:

  • How is my skill beneficial to people?
  • In what way does my skill give me a unique perspective?
  • What about me contributes to making that skill unique?

I asked my friend who’s a manager these same questions and the answers he gave were as follows:

  • I help people work effectively with others and by themselves
  • I can see how each person’s role interacts and affects the other people
  • My love of drumming means that I try to match the rhythm of my style to allow the other people on the project to “play the same song”

By answering these questions, you gain an understanding about your role in your passion project, what other roles need to be filled, and what it is about you that makes your project different from all the ones that came before it.

What angle can you best approach the problem from?

Using the three questions you just answered about yourself, you can begin to put together a plan of attack for your chosen problem. By taking a good look at what your skill can do, you can create a list of tasks that you can complete effectively by yourself in order to see how to start making your dream a reality.

Let’s use my friend’s responses as the skill, and say his problem is that there aren’t enough practicing spaces for musicians in his area. So, what can he do? He can:

  • Look for spaces that musicians can use without disturbing too many people, and the necessary equipment for that a band needs to play with
  • Figure out how the practice space can benefit all the players in the music game i.e. gig promoters, venues looking for bands, journalists looking for new music, bands looking for other musicians
  • Use his manager-learned communication ability to accurately describe his vision to contractors, property sellers, and investors

What you’ve got to do is apply your specific and unique skill set to tackling the problem that you’ve set for yourself. This process is one of the most fun and creative parts of finding your passion project and there’s no one way of doing it. However, here are some questions to put yourself in the flow of things:

  • Other than the receiver of your product/service, who else will your solution help?
  • Which aspect of the project are you most excited to be working on?
  • How much time can you realistically dedicate to developing this project a day?

The power of passion

Once you understand the problem you want to solve and the abilities that you have at your disposal, the only real question is: why haven’t you started yet?

Remember that Rome wasn’t built in a day, and that your business won’t be either. The most important aspect of building a side business, or completing a project that isn’t your “real job” is consistency.

As soon as you change your habits to instinctively build your business each day, you’ll start a rolling snowball that will build mass and speed until it becomes unstoppable.

© LEA Brands, Inc. All Rights Reserved.

The Elite Legacy Education word mark and logos are owned by LEA Brands, Inc. and are used with permission.

Elite Legacy Education is a trade name of Elite Legacy Education, Inc., a Florida Corporation.

The educational training program provided hereunder is not designed or intended to qualify students for employment. Our curriculum is avocational in nature and is intended for the purpose of the accumulation of wealth by, and the personal enrichment, development and enjoyment of, our students.

Privacy Policy | Terms | Cookies