“My passion doesn’t pay” – how to leverage what you love

I love ____________, but it doesn’t pay enough.  No, the issue is not that it doesn’t pay enough.  The issue is you need to be more creative in your thinking.  With an abundance mentality you can always find ways to generate extraordinary income – far beyond “industry standards.”  

  1. You inspired me to do my own thing after reading 48 days. I started buying wrecked BMW’s and Land Rovers and selling the parts on Ebay for extra money. In 2015, we sold 3.5 million dollars in parts on our website and on Ebay.
  2. I have a stable job but dread the 9-5 routine as well as sitting in a cubicle all day.
  3. I feel like I am working myself to death to advance a career that I hate.
  4. How can I make $105,000 as a financial coach?
  5. My question is what made you an expert at giving career advice to others when you first started?

“There is no possession more valuable than a good and faithful friend.”–Socrates Tweet This

Show Notes
Episode – 03-31-17

Title: N/A
Subtitle: N/A

Summary:

In this episode, Dan Miller talks about leveraging your creativity and skills to be able to discover and do the work you love. He also shares how you can slowly work towards your dream even while continuing in your core career. Listen as Dan expresses the importance of relationships and how it’s good to lean on your community when it comes to pursuing your dreams and future successes.

Sponsored By:

FreshBooks is offering a 30 day, unrestricted free trial to my listeners. To claim it, just go to https://www.freshbooks.com/48days    

Time Stamped Show Notes:

  • 01:10 – Preview of Today’s Show on “My Passion doesn’t pay” – How to leverage what you love. I love ____________ but it doesn’t pay enough. No, the issue is not that it doesn’t pay enough. The issue is you need to be more creative in your thinking. With an abundance mentality you can always find ways to generate extraordinary income – far beyond “industry standards.”
    • You inspired me to do my own thing after reading 48 days. I started buying wrecked BMW’s and Land Rovers and selling the parts on Ebay for extra money. In 2015, we sold 3.5 million dollars in parts on our website and on Ebay.
    • I have a stable job but dread the 9-5 routine as well as sitting in a cubicle all day.
    • I feel like I am working myself to death to advance a career that I hate.
    • How can I make $105,000 as a financial coach?
    • My question is what made you an expert at giving career advice to others when you first started?
    • “There is no possession more valuable than a good and faithful friend.” – Socrates
  • 03:56 – Dan just got back from the Social Media Marketing World
  • 04:27 – Relationships with people is what helps succeed
  • 04:39 – Stephanie says she went from a $10/hr job upto a 6-figure sales management position
    • 05:00 – Stephanie attended Coaching with Excellence, in 2015, and is now part of Giovanna Allyson’s mastermind
  • 05:25 – Elai says, “I’m 74 years old and I continue to thrive at work and continuing education in writing. I just published my own Amazon Kindle – Sleep, Dream, Write and Win
    • 06:19 – We can learn a lot from our dreams
  • 07:24 – Dr. David Powers says, “I’m a big sci-fi nerd and a book publisher asked me to write a book using science fiction novels for education”
    • 08:28 – I charged a dollar a word and was able to negotiate the rights for it
  • 09:22 – Rezel says that negative feedback on my online business is causing emotional stress
    • 10:39 – Rezel made over $700,000 last year
    • 11:35 – If you do anything extraordinary, you’re going to get negative feedback
    • 12:11 – You have to learn how to tolerate criticism if you are going to be successful
  • 13:20 – Dan mentioned in a previous episode a problem he had with his internet and people sent links on how to address it—he thanks everyone who helped
  • 14:41Todd says, you inspired me to do my own thing after reading 48 days. I started buying wrecked BMW’s and Land Rovers and selling the parts on Ebay for extra money. In 2015, we sold 3.5 million dollars in parts on our website and on Ebay. I’ve developed some software for identifying the high demands parts for each car on Ebay and launched my software company in 2016.
    • 16:15 – When you have expertise in a certain area, you can also look at the opportunities available to you
  • 16:46 – Share your success stories with Dan at AskDan or by email
  • 17:16 – In 48 Days Eagles, mentors are sharing their expertise
    • 17:39 – Kent Julian shared how you can leverage your time
    • 18:00 – Next week, Dan will share about the power of the Mastermind
  • 18:38 – The opening quote reminded Dan that it does come down to relationships
  • 19:29 – Dan plays Lean on Me and encourages listeners to not be afraid to reach out
  • 21:19Fujita says, I have a stable job but dread the 9-5 routine as well as sitting in a cubicle all day. I really want to start a business and have several ideas but am afraid to take the leap. My two business ideas are a recycling pick-up and a concierge.
    • 22:20 – Dan interviewed Patrick McGinnis, author of The 10% Entrepreneur in a previous episode and they talked about having a core career while still pursuing your dreams
    • 23:09 – A recycling pick-up business is better than the concierge business
    • 24:27 – Give yourself 3-6 months to get to 50% of your income in the recycling pick-up business
  • 24:47Ben says, I feel like I am working myself to death to advance a career that I hate.
    • 25:35 – You need to have an exit strategy
    • 26:55 – Assess your skills and capabilities
  • 27:33 – Alaya of Hope and Cents asks, how can I make $105,000 as a financial coach?
    • 29:47 – Financial coaching does not pay as people are used to getting it for free
    • 30:40 – Dan says he thinks Alaya can make it as a financial coach, but she has to leverage the areas in which she is paid
    • 31:39 – Look at the opportunities where you can get paid, such as workshops or blogging
    • 32:49 – Create a Venn diagram that will help you find the different streams of income
  • 33:25 – Bill asks, does sending physical letters really work? I’ve been out of work for months, I am 60 years old and scared to death, does your process really work?
    • 34:35 – Dan says you can be scared to death and convinced that the sky is falling, but you can’t afford to do that
    • 35:00 – Yes, 48 Days to the Work You Love works
    • 36:03 – Dan recommends Bill to walk in the door of 10 businesses with confidence and he will get job offers on the spot
    • 36:47 – There is still value to sending physical letters as opposed to sending spam
    • 37:17 – Hiring decisions are made before 11:00 AM
    • 37:44 – Have a strategic job search in place
    • 38:14 – After sending your application, contact them and follow up
    • 39:09 – The barriers to your success are between your two ears
  • 39:21 – Michael says he has taken the PCCI Essential Life Coaching, he asks what made you an expert at giving career advice to others when you first started?
    • 40:19 – Dan is encouraged by the testimonials people give
    • 40:43 – Nobody else has experienced what you’ve experienced
    • 40:59 – As a 48 Days Seminar Presenter, your job is to help people find solutions
    • 41:56 – Dan shares an example of giving career advice
    • 42:24 – As a career coach, you have to ask questions rather than give advice outright
  • 43:28 – To ask Dan a question for the podcast – AskDan
  • 43:53Luke says, I got into truck driving because it was the only way I knew to make money. My main value in life is my family and want to spend more time with them. I need help to write a resume that can get me away from trucking.
    • 45:07 – Give yourself 48 days to have a clear picture of what you want to do
    • 46:03 – Dan encourages Luke to join the 48 Eagles community
  • 47:16 – Invest in yourself and take your creative ideas and leverage those
  • 47:57 – Innovate – May 11-12, 2017
  • 48:48 – Dan closes today’s podcast

 3 Key Points:

  1. Look at your areas of expertise and try to find opportunities that are already available within those strengths.
  2. You can still pursue your dreams without leaving your core career.
  3. Give yourself the time to do the 48 days program so that you can find the work you truly love.

Resources Mentioned:

 Credits:

  • Show Notes provided by Mallard Creatives

 

Share this Post

  • Anyone have an idea of the software for car parts that Dan mentioned Todd developed?