Don't Follow Your Passion to Build Wealth, Says Scott Galloway. Do This Instead
Scott Galloway knows something about building wealth — he's a NYU Stern professor and serial entrepreneur who sold his second company for $158 million. He says young entrepreneurs want to follow their passions on their path to wealth, but that's not a recipe for success.
"Anyone who tells you to find your passion or follow your passion is already rich," he said in an interview with TODAY. "Find your talent, not follow your passion."
He gave the example of tax law, a topic not many people are born passionate about. But if someone can study law, meet the requirements to become a tax lawyer and rise to the top 10% compared to their peers, they will become passionate about it, he argues.
Mastery, he said, leads to passion and fulfillment — not the other way around.
What do you think: Does he have a point that passion comes from success? Or does passion fuel your drive?
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Certified Cosmetic Botox/ Dermal Filler Injector/ Golfer/Poker player.
1 个月Great advice!
Outperform your online competitors and make more money. I apply years of expertise at top-tier agencies for Fortune 1000 companies to grow your early-to-midsize company. Let's grow your business.
1 个月Most people don't want to?have?a million dollars. They want to?spend?a million dollars.
Passion is overrated. Yes, passion is important, but if your passion cannot generate wealth, then do it, but not for building wealth, but for building your life purpose. Build wealth on something that humans need. By that, you are contributing to society and building your wealth. If your passion can also build wealth, then lucky you.
Founder of The Graced Entrepreneur | Co-Pastor at Grace Innovation Church | Faith & Entrepreneurship
1 个月The sweet spot - talent and passion ????????
Executive Producer / Showrunner @ HGTV, TLC, HLN, FOX SPORTS, FOX, ABC
1 个月Wealth comes from saving, investing, and diversifying your money. Passion, what's that?