passion vs money: which is more important?

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Aug 31 12:28 PM posted by Team Ricki

Years ago, Friend of Ricki Sandy Abrams traded in the rat race for life as a work-at-home mom. She's taken her experience to help other women turn their own ideas into income, creating small businesses right from home. Sandy's also the group leader for a Friends of Ricki Meetup group in southern California and invites you to join her or another Friends of Ricki Meetup group in your area.

Friend of Ricki Sandy Abrams: One thing that holds so many people back from starting their business is the lack of capital. But oftentimes, we can make up for that in spades—with passion. When you truly have passion for your idea, it quickly turns into momentum and real progress is made, regardless of the size of your bank account.

Here's an example: When people ask me why I started my business, they expect to hear something about how I have a business degree and had a strategic plan to execute my idea. They always seem surprised when I answer that it wasn't a plan, it was that “I couldn’t not start it!” I had become so obsessed with my own personal need for the product and how it was missing in the marketplace that it gave me butterflies in my stomach. I couldn’t seem to let go of the idea, even though I had no business experience, no money and no idea how to build a business. What I did have was passion—and it was enough. I always say, don’t worry about the money part yet—just get started!

Marla Tabaka recently wrote about this very thing, following our intuition and listening to our gut. To which intuitive consultant Sonia Choquette says "By using intellect only, and not your innate wisdom, you are keeping yourself from the most powerful insights." How often has fear kept you from listening to your own intuition? It's time to let go of that fear and understand the strength of positive thinking and our intuition—which is a form of passion.

Once you decide to listen, you begin to move forward with your idea. Then it's time to focus on other commodities that can make up for lack of money:

Time The research part of the start up is free. It just takes time, which is easier to find than money. So, utilize your time to do research. Set aside just 15-30 minutes a day to see if your idea is viable.

Effort Get organized in your planning. Have a designated place whether it’s your computer or a notebook where you plan goals and make lists, check things off and celebrate progress.

Creativity Utilize your creativity with everything including thinking of ways to find the money for this business down the road. When you use your creative energy, one idea leads to another and things materialize.

Positive Thoughts This reminds me of a book I read many years ago called “We Can’t Afford the Luxury of a Negative Thought” by Peter McWilliams.  It really made an impact on me. It doesn’t cost a dime to be optimistic and the value is priceless. It keeps us moving forward toward our goals and helps us to see the light at the end of the tunnel.

To get your mindset in that place of truly believing you are successful, there’s a powerful exercise called “Act As If.” It is said that when you visualize whatever makes you feel successful in regard to this venture and picture the specifics—actually see yourself going to cash the first check from a big client— your body will then actually believe it’s true and you have this sense of confidence to get to work. Make calls and schedule meetings when you're filled with the feeling of success (not intimidation), as if you already own it.

You'll be amazed what will happen when you focus on your gut, rather than your bank account. Begin to build up your idea, turning it into something special. Before you know it, you'll be so full of passion and knowledge, the money is sure to follow.