Passion Alone Can’t Pay The Bills

You can’t crush true entrepreneurial spirit. If you have it, it’s only a matter of time before you find your niche. Each “failed” attempt has to be viewed as a lesson learned. The real failure comes about when you don’t take anything away from the experience, when you don’t apply any of your newfound knowledge to your next endeavor. I knew I was meant to be an entrepreneur. It just took me some time to figure out where my roadmap was headed.

My first attempt as an entrepreneur was in the field of technology consulting. I had the skill set, I had the clients. The one thing I lacked was the passion. Couldn’t even fake it. Money was there but it just wasn’t fulfilling. So I decided to go with a new business, one that I loved.

Handbags. High fashion. It was my obsession. I thought because I had such an intense love of high-fashion handbags that I’d naturally be able to design, market and sell my own collections. However, there were significant barriers to entry I wasn’t aware of because I didn’t take the time to properly research the market and the accessory industry. As a result, quite a bit of debt accumulated over the very short life of my beloved business. Passion, though important, just doesn’t pay the bills.

Promotion concept. Painted staircase with draw in the wall. Business draw.

Promotion concept. Painted staircase with draw in the wall. Business draw.

After that “failed” attempt, I really thought long and hard about my future direction. I let my imagination run wild and decided to write a novel. Being an independently published author is a business just like any other. You develop and perfect a product, market and distribute it to the masses. Again, I was wearing many hats. The difference this time was that I’d done research on the industry and I maintained that critical element of passion.

Along the way (because the entrepreneurial spirit cannot be quelled) I partnered with one of my author friends to build and launch an online directory for authors called Author Navigation – a one-stop shop for all services needed to help polish and perfect a manuscript for the masses. It’s still early days and we’re still trying to gain momentum but we’re slowly making a name for ourselves.

Always strategizing, always planning, always envisioning…ALWAYS.

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