Have You Found Your Passion that Pays?

What are you deeply passionate about? At what can you be the very best in the world? What drives your business’s economic engine? Many people know what their passions are, but that’s as far as they go. They have many passions, are generalists about all of them, and don’t strongly commit to one or two. As a result, they never become really exceptional at anything – and this holds true for their businesses, as well.

[wcm_restrict]To really find your niche in life, I encourage you to explore and dig deeper into your passions. In doing so, you will reach another level of richness in your business and your life. Viewing your work as your “Passion that Pays” is the heart of being busy with balance.

If your business is truly a passion, it will be much easier to achieve balance in the rest of your life. Work will energize you, so you’re ready to enjoy your other passions. Partaking in your other passions will, in turn, put you in the relaxed frame of mind that makes it easier for you to grow your business.

Once you pinpoint what your passions are, you can to transform the way you manage your time, so you are spending most of it on what you truly love. That will make it easier to clear your calendar of time­ consuming obligations that drain the life out of you. Once you give yourself the space to focus on what is most meaningful and fun for you at work, you can tap into the mindset that unlocks new opportunities for you.

Many entrepreneurs lose their passion because they try to handle too many tasks in their business on their own. It burns them out. In my experience, they often become much more passionate about their business if they focus on the parts they are best suited to handle and surround themselves with bright, capable people to tackle the rest. Once they give themselves the space to focus on what is most meaningful and fun for them at work, they tap into a mindset that unlocks new opportunities.

I’ve found this to be true in my own business. Recently, one of my clients bought a new plane and flew to Omaha to show it to me. The client arrived with a prospect who shared their mutual passion for aviation and bird hunting. I had encouraged the client to make introductions to people with our same passions—an easy thing for the client to do. We ended up going to my hunting lodge, where I was able to get to know the new prospect while doing something we all enjoy. As Plato said, “You can discover more about a person in an hour of play than in a year of conversation.”

If you want your Passion that Pays to remain just that – a passion – you must surround yourself with passionate people. That is especially important when building your team. To create a workplace where you love to be, it is essential to find people with aligned interests and develop a culture that supports where you are going. At Carson Wealth, we both hire for attitude and then train for skills. Making deposits in the emotional buckets of your team members on a regular basis is also one of the best investments you can make in growing your firm.

To reach your full potential as a leader, you must understand your core competency and that of your firm. Core competency is what you do best and at what you’re most competitive.

Personally, it energizes you and gives you joy. Your core competency is something you’d do even if you weren’t paid to do it. Knowing your core competency will help simplify your complex world into one basic, organizing idea. It will enable you to focus yourself and your company on achieving one or, at most, a few big goals. Knowing your core competency and tapping into it is the key to achieving the Sustainable Edge.[/wcm_restrict][wcm_nonmember]

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About the Author

Ron Carson is the founder and CEO of Carson Wealth Management Group, one of the largest wealth advisory firms by assets under advisement in the country, serving clients through holistic financial planning, disciplined investment strategies, and proactive personal service. He is one of the most celebrated and respected financial advisors and executives in the industry and is a sought after speaker, thinker, and investment strategist. Ron’s book, The Sustainable Edge: 15 Minutes a Week to a Richer Entrepreneurial Life, was written for business owners who are seeking a fuller, more rewarding work­-life balance.