 Can you make money from your passion? So that's what I'm going to talk about in this video The answer is in my opinion Yes, you can make money from your passions if Enough other people share the same passion and if you pay attention to what they're paying for In regards to that passion and before I go on my cat has just jumped up here This is mango. He always seems to jump up He I sit here all the time will be my work. He only jumps up when I'm recording something. It's the strangest thing So anyway, yes, he likes the limelight So I better adjust my camera so that's a little seal of him a little better So in in the building of an authentic business there are I'd say two focuses And when you think about this and think about whether which focus you have there's passion And then there's compassion Okay, so check this out passion is whatever you're excited to buy you're energized by you are Maybe you you study the particular modality maybe you Have a I've had a particular peak experience and you want to you want to kind of lead everybody Toward the same kind of peak experience you've had Or you have a particular problem you solve in your life and you think gosh You know what if I could help other people solve this problem wouldn't that be great? Okay? So that's your passion. That's your passion right because it's from your own experience It's from your own head from your own life right from your from your own problems and your dreams, okay? the other focus is compassion now When I say compassion I Don't mean that if you're focused on your passion, you're not a compassionate person. That's not what I mean. I'm talking about How these energies lead into your product? Okay, so if you build a product based on your passion Then you've built a product based on your passion not necessarily other people's passions That's the problem with passion is that it's so easy to become well Actually, it's it's true both passion and compassion can blind you. Okay, so has your passion blinded you? To what the market actually wants and you'll know the answer if you're trying to sell your passion and nobody is buying it Then you've had your pat your passion has blinded you because remember you make money When other people spend money on your stuff Where does money come from money doesn't come from I'm so enthusiastic about this. I'm so passionate about this But you're not buying it. Oh But I'm so passionate about it, but I'm not you know, the other person says I'm okay cool I'm glad I'm grateful for your passion and I'm happy for you, but I'm not willing to spend money on it It's not something that I really can see myself spending money on. I mean, I'm happy for you, right? So that's the problem with passion is it can blind us Of course compassion can blind us too because we get lost in solving other people's problems and then we kind of Lose our own soul along the way. So an authentic business is kind of this intersection of passion and compassion So let me talk about Compassion so we talked about a product based off of your passion can be blinded because other people aren't spending money on it Okay Now let's talk about a product based on compassion Focused compassion Everybody watching this is a nice person. You probably love helping other people etc. etc. I tend to draw People like you into my audience. I like to think that I'm the same way but Can your compassion be focused enough to create a product from it Not just oh, I just like helping other people people ask for help I'm off to help them out Wonderful, that's actually your your winner in life. It's really I think what spirituality and life is about But in business that compassion needs to be channeled into a product Okay, it need into channeled into a program a service and events that you charge for or whatever it is you charge for so Have you done that? Have you focused your compassion to say oh that's interesting. I've talked to you know 20 people this month and five of them told me that they are really struggling with problem a and You know, they struggle with problem a b c d e f g and I am really excited to help people solve problem g or problem a Great now. Can I create a product or a service or a book or an online course or a Package or an event that I can charge for based on problem g If I if I create a product based on my focus compassion for other people because I have talked to them I know that they're dealing with it. I know they're frustrated by it I know they're looking to get help for it And if I create a product from it and then I offer to them Obviously, they're gonna buy because they like me they notice. I'm compassionate I'm trying to help them out and I've created something that they actually want of course They're gonna buy and that's how business becomes viable right So now let's try to merge Passion and compassion Okay, and and actually before I go there. I just want to say this is why the term Empathy has become more and more popular nowadays in entrepreneurship. That's what they mean Okay, empathy People go wait, but I'm so much. I'm such an empathetic person. I hope everybody but I make no money Okay, so that's why I'm doing this video is to say it's not just empathy empathy is great for spiritual growth and Wonderful, that's what you know all the saints have taught us, you know We need to be empathetic and help other people one of my heroes is peace pilgrim If you've never heard of peace pilgrim, please look her up and read her book Steps towards inner peace it changed my life But peace pilgrim made no money actually she she very purposely Didn't want to take any money for all the help she gave she was a pilgrim. She she was homeless She just walked she never she actually funny story about it Is that she finally died in a car accident when someone drove her from one place to another but she walked for? 30 40 years all across America Just helping wherever she she saw people and she just kept walking until people fed her and sheltered her I mean, it's a truly inspirational story not just did it for three month experiment put on viral video on YouTube She did it for 30 years. Okay, anyway, one of my heroes for sure. I Am not called to be homeless and be a peace pilgrim and probably you're not either I'm guessing that's why you're watching this otherwise you wouldn't have a computer to watch this So if you are called to live a householder life, right being you know being in society, you know Helping others within the system of current commerce then you need to Monetize or monetize your empathy. I know that sounds terrible, but monetize some of your empathy Okay, so that you can keep doing that thing and getting better and better at it in as your day job, right? That's what I do. I love helping people with their business and with their marketing and Yes, I probably would do it for free But then I wouldn't do people I would be you know, I don't know working in a corporate job and not doing this as my day job But right now it's you know During the day. I'm here at home, you know doing this work because people pay me for some of my work I do a lot of this stuff for free as they can tell I love doing this stuff I do my videos for free write my blog post I do I spent a lot of time doing free work because I enjoy doing it But I am uncompromising when it comes to charging for some of it When it's comes to one-to-one work with me, right? Like you're taking one person taking my time I'm unconfirmed. No, you got to pay me for I'm unconfirmed. So you got to be uncompromising You got to be strict about charging for certain things that are not scalable like this a bunch of you are watching this right now I'm happy to just give it away for free But when you want my help one-to-one you can comment and I'll Do some free work replying your comments, but if you try to get in depth in depth with me to say George Please give me feedback on my webpage. I'm like, sorry. I can't help one person for free. Otherwise. I'm out of my business I'm going to a corporate job. I can't help you one person for free. I can help a lot of you for free You know, if it just takes me one hour of my time or whatever Do you see just like me? You got to be uncompromising when it comes to charging for certain things that are not scalable All right, same thing. I have a I have a group program Just 40 people no more than 40 people and I can't help them for free because sorry about that my phone That's problem with doing live videos. Right? Yes, things happen like I can't help 40 people Many hours a week for free because otherwise, you know I've run out of energy. I'd be in a corporate job and I can't do any of these videos anymore. So How about you? Are you willing to be? Uncompromising when it comes to monetizing some of your empathy some of your compassion in a focused way based on what other people want What other people are struggling with in their life? Okay, what goals they are just yearning to reach okay, and For the rest of it the rest of your compassion and empathy and passion give as much for free as you can Okay, another example in my business is yeah, I have three offerings I have the one-to-one which is full by the way. I'm grateful for that. I have a waiting list One-to-one coaching uncompromising I charge for it even though my clients I would probably help them for free I know some of you are watching let's George. I'll be for free. I can't right. Otherwise, I'll be out of my business So one-to-one I have to charge for because otherwise, you know, I have no business group small group up to 40 people right in a group. I have to charge for that and then my Workshops my trainings my courses that I put together that I put a lot of hours into creating a structured online course To be honest, it's not my favorite thing to do. I don't really love creating my online courses I like it okay, and I can see it helps you. That's why I do it and I charge for it I charge your money got pay me $60 for my newest online course about enrolling clients because if it was just up to me I probably wouldn't do it for free. It's just not I mean I know it helps you and once I do it. I'm glad I did it You know kind of like working out right? You know, it's like I don't really go want to work out But once I do it, I'm glad so I know it's good for the world It's good for me, you know in some larger professional sense probably wouldn't do it for free So so some of my compassion is not so in other words, I've got passion and compassion some of my compassion I don't really it's not my it's not really my passion. I wouldn't do it for free, but I know that's helps you So that's why I do it and you've got to pay me money for it That's why I still am motivated to do it and I still do it as a day job So that's my question for you in this video is Can you are you willing to? separate your passion from your compassion Your your passion We stuff you do for free anyway Do as much for free as you can helping as many people as you can which builds your audience But then you've got to look at your compassion to say am I willing to talk with my audience on an individual basis and say ah You know Ruth What is it you're wanting and what is it you're paying for right now? Can I create the same thing and you pay me instead of paying this other person who doesn't care as much about you Maybe I care about you right, you know Teokai Ming cannot you know, I'm looking at the people who joined my life called Swapna You're paying for other people for to do this Can you pay me instead because I'm gonna create something that you're paying other people to do except I'll try to Create it more for you You know get to know you better create customize it more for you and you can pay me for it So I can stay in my business and help a bunch of people for free and you'll know that you're contributing to that too You know what I mean? So so separate your passion and compassion charge for some of your compassion But that's how what's what people are paying you for is paying you for your folks focused Monetized compassion turn into a product or service and your passion. You know what I'll end with this even Here's the thing to make money faster You need to do focused compassion monetized into a product or service. That's how you make money faster You can make money with your passion. Okay, you can but it'll take you a couple years probably Because you have to just Educate the whole world about what you love and kind of change people's minds and get them to really think like the way You think that's a lot of work right like like I've been doing this for ten years And now I've maybe educated some of you into believing in authentic business and authentic marketing and now you're like well Yeah, I want to pay George for authentic business authentic market Which I never thought about before George and now I'm interested in it and now I'm maybe willing to pay for it But see that's my passion took me years to start to monetize that But I still make more money monetizing my compassion my focused product-led compassion And then let's talk about how to how to integrate the two I Integrate the two by bringing some of my passion flavor into my compassion my monetized focused Compassion work does that make sense? Meaning I sell you a workshop on how to get more clients. It's not my passion It's not if I if I were totally financially independent I probably wouldn't be doing workshops on how to get more clients It's not my passion, but I know it helps you and I'm kind of good at it. So So I'm gonna do that as my compassion work But I flavor that with my passion work by bringing in my passion of authentic business authentic marketing being honest being You see but you wouldn't you don't pay me because I'm honest You don't pay me because I'm spiritual you don't pay me for my spiritual talk. I Trust me. None of you are paying me for that. Okay, you enjoy when I talk about it You know pay taking money out of your walls at George. I love your spiritual talk. I'm gonna pay you for it I'm not a I'm not a pastor, you know, some people call me an internet business pastor, right? But I'm not I don't have a church. I don't I'm not taking tithes But I flavor my spirituality into my compassion led work that I wouldn't probably do for free You see so that's what makes my work fun. It's like, yeah, I'm kind of I'm not Grudgingly doing my my workshops. I do it because I know it helps you So that kind of helps that kind of incentivizes me a bit. I'm getting paid for it That's certainly keeps me in business and I get to bring some of my passion into it my Spirituality my values my my cat, you know my dog or whatever, you know So I hope this is helpful Think about what that is for you draw two circles your passions And then what is you know on one side and the other side is your compassion your When you talk to people what problems do they have that you can definitely solve you have the talent for it And then can try to merge to is that can you kind of bring some of your passion stuff flavor flavor your season Your compassion led productized work with some of your passion And then you have an authentic business the more you can merge the two so I hope that helps and Wishing you a wonderful rest of your day and thanks for those who are joining me here Jill and susan Swapna, Stephanie, Reza, Judith, Teo. Thank you so much and um, I look forward to your comments. Be well