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Old 11-02-2009, 05:54 PM   #51
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Default Re: Is PASSION The Key To Getting Rich In IM?

Very interesting thread! I personally believe your conscience plays a part in how you approach this issue. If your conscience says it's okay to focus only on the marketing aspect, then you will do well. If your conscience says otherwise, then more than likely you're not going to do well unless you have passion for your niche. However, this doesn't mean you can't succeed without having passion; you just have to outsource. But no matter what the case may be, you must be in a demanding niche to make some money. My two cents.
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Old 11-02-2009, 06:15 PM   #52
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Default Re: Is PASSION The Key To Getting Rich In IM?

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Originally Posted by Zeus66 View Post
This topic rears its ugly head all the time on this forum. I think it doesn't matter as long as your REAL passion is making money. Some of the most money I've ever made was in niches I didn't have any interest in at all. But the money was there, and that's what I'm passionate about.

If your life's passion doesn't have a market, all that passion and $5.00 will get you a nice cup of coffee at Starbuck's.

John
I have to agree with John! I have been self-employed for most of my adult life, and I am 55 now - so that's a few years experience to draw on...and my main driving passion in business is......making money.

Yes, there have been ventures that I enjoyed more than others - but I can manage to stay interested in almost anything if it's making me enough moola. If the business is boring but making 6 figures - I can buy myself something more entertaining with the money I made while I was being bored.

Unfortunately, too many new entrepreneurs start a business based on passion - and don't have a realistic view of their business's potential because they are looking at it through their passion rather than their common sense. Passion may keep you from getting bored - but it can also cloud your judgement.

Passion is wonderful in life - but in business, I like it tempered with a good dose of common sense and really great market research.

Melody

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Old 11-02-2009, 06:30 PM   #53
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Default Re: Is PASSION The Key To Getting Rich In IM?

The key to success is consistency and persistence. You must consistently apply yourself to your business. Consistently use your systems for product creation, traffic generation, etc. And, you must persist to get past all sticking points and perceived barriers (Note: Perceived, as they dissolve if you're persistent).

Passion can help you. If you're passionate about your niche, it's human nature that you'll be able to apply yourself more consistently to something you like.

Kevin Riley, Product Creation Labs, Osaka, Japan

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