Wealth Tip of the Day for Saturday, October 21, 2006

This post is in: Business
No Comments

Hi this is Diane Kennedy. Today is Day 20 of the 30-day Coundown to the release of my new book, The Maui Millionaires™ that I co-wrote the book with David Finkel. The book is scheduled to be released on November 3, 2006, and from now until then I’ll be checking in every day with a Wealth Tip excerpt from the book, written either by myself or by my co-author, David Finkel.

Wealth Tip 20: The Fastest Path to Creating Wealth is by doing what you Love—tap into Your Passions to Create Your Wealth

So much has been written about finding a “good paying job.” Well we think this is lousy financial advice. As you have already learned in earlier wealth Tips, earned income is one of the worst predictors of financial success. But more than that, to truly excel financially it pays to do something that you love and are passionate about.

Think of it this way: if you are driving a car on a two lane highway and you are looking to get off at the next exit, what lane will you be driving in? The left hand lane, also known as the “slow lane”. Well, when you don’t love what you are doing for a living there is always a part of you that is looking for the exit. Which means you are in the slow lane? By doing what you love you immediately move yourself over to the right hand lane and push down on the accelerator.

I’ve interviewed a lot of Maui Millionaires™ and one thing that almost all of them have in common is that they love what they do. Granted, many of them started off in careers that they hated, but for all of them, when they let go of what they didn’t love to create the time to focus their energy on what they did love, their wealth building took a huge step forward.

Leave a Comment