Profit or Passion: Crafting A Business That Reflects Your True Self
Jordon Barnett
Land Your Dream 100 Customers & 5x Your Sales Pipeline With The 'PVM' Method | I Share Tips On How To Get Clients & My Journey Scaling To 8-Figures | Founder @ VideoCEOs (Free Resources In Featured Section)
As an entrepreneur, challenges are part of the journey.
One major challenge is discerning if you're on the right path, especially one that's both profitable and fulfilling.
The goal is to choose a business model that ensures not just financial success but also personal satisfaction.
This foundation is key to a rewarding life and sustainable growth.
However, the initial hurdle is establishing your business's profitability. The critical question is: Do people want what you're selling?
Selling your product or service once doesn't guarantee profitability or demand.
Struggling to make consistent sales might suggest your offering isn't sought after, or perhaps, other factors like positioning, pricing, and market reach are at play.
Remember, even the best products need visibility to succeed.
The next layer of challenge involves fulfillment.
Entrepreneurs often juggle multiple roles, many of which may not be enjoyable.
The aim is to grow the business to a point where you can delegate undesired tasks.
Yet, there's a deeper question: What if the business itself doesn't ignite your passion?
The dilemma between starting a passion-driven business versus a profit-driven one that allows for personal freedom is real.
This extends to personal branding - should you focus solely on content related to your business, or expand to appeal to a broader audience?
The essence here is twofold: selecting a business that promises financial success, fulfills personal interests, and complements your personal brand.
Ideally, you want a business that matches your cost of ideal lifestyle (COIL), brings you joy, and aligns with your brand.
For instance, if you're passionate about real estate, starting a business in that field, backed by market evidence for profitability, and creating content around it can harmonize personal interests with professional endeavors.
Yet, many face the reality of diverse interests and skills, making it hard to focus on a singular path.
The prevailing advice is to build your business and brand first, then pivot as desired. However, establishing a successful business often takes years, contradicting the notion of easy pivots.
The solution? Identify a business model aligned with your interests or industry experience.
This alignment could stem from your professional background or the content you naturally gravitate toward.
My journey, for instance, led me from sales roles across various jobs to founding a video marketing and media company specializing in AI, catering primarily to tech founders.
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This niche chose me through natural progression, despite my broader interests.
This brings me to today: leading a company at the intersection of marketing and technology, focused on overcoming the industry's communication challenges through innovative video content.
Yet, my broader interests in self-development and global issues remain.
Creating content that indirectly targets my audience by discussing broader themes could be a strategic move.
Ultimately, the path you're on may often be the right one, even amid doubts attributed to imposter syndrome or an identity crisis.
Understanding that your current position is a result of your past decisions, and that the journey ahead is shaped by both choice and circumstance, can provide a sense of clarity and direction.
The key is to keep moving forward, adapting, and finding solutions to the challenges that arise, knowing that time and perseverance often lead to resolution.
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