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run a business

Do what you love and you won’t work a day?

I’m re-posting this because I got a lot of feedback. The majority agreed but some people wanted to modify my premise. One said maybe you should lower your expectations and “do what you like”.  Do a job that’s “sort of satisfying”? I don’t think so–not my style. I believe everybody is good at, and has a passion for, something, and that something is the heart of what you love to do. Therefore, the key to finding something that you love to do is in finding what you really do well and have a passion for. Of course, if nobody will pay you for that endeavor, maybe you’ve just discovered a good hobby.

Anyway, here’s the original post:

“Do what you love and you won’t work a day” is inane bull-crap, IMHO. I love drinking beer, I truly do. But, no one will pay me for that. I love creating graphic art, which I think is pretty good, but it seems as though no one will pay me for that, either!  Could I make a living out of playing with my kids? Doubtful. I’m passionate about writing songs, but since no one has bought anything I wrote,… Continue reading

After an entrepreneur STARTS a business

The dream of every entrepreneur is to start and run a business that will provide a rewarding, challenging, and fruitful life. Or maybe it’s reaching that pot of gold in three to five years—or someday. Most founders I know see overcoming the challenges as the fun part, where the journey is as—or more—important as creating the exit. For me, that’s true. It was never about the money, it was about the puzzle-piecing, the arranging the parts of the business in a well-oiled symphony of ever-expanding efficiency and production. The money just comes along with doing that well.

ACEmachineOK. Maybe that sounds a little dramatic. It is really true, though. If you don’t love the challenge of arranging and massaging each detail of growing the business, from engineering to manufacturing to eCommerce to the mail room, you may miss some critical component. A business is like a big machine, with gears and levers and belts and motors, all whirring in fine precision—at least it SHOULD be. However, trust me, if you don’t pay enough attention to that little gear over there, you could break the machine. Or, more likely, make it run inefficiently. It runs, but it might be losing power.… Continue reading