What do you do best, and what differentiates you from the rest? Join Victoria Wieck as she continues to give us tips on how to turn your passion into a business. In this episode, learn tips on how to identify your strength and find what gives you the greatest opportunity to make a positive impact.
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Turning Your Passion Into Business
We’re still in the middle of my Do It Now System to help you figure out how you can turn your passion and purpose into a dream business and make a few dollars of profit along the way. We discussed defining the dream and how to set your goals. If you haven’t done so, go back and start over. It may sound like it’s a simple thing, how to define your dream and your American dream but trust me. Go ahead and read it because there’s a systematic way for you to figure out the dreams, not just a pie in the sky kind of dreams, but dreams that you can turn into reality.
It doesn’t have to stay a dream life. Go ahead and read the last episodes about your dream, what you’re willing to do for it and how you’re going to go ahead and achieve your dream, and how realistic it is. In this episode, we’re going to talk about the opportunity. We’re going to talk about the many business ideas you might have, or maybe you just have one. If you have more than one business idea, what’s the big idea that gives you the greatest opportunity to make a positive impact in the world and also to make the most amount of profits?
We would all love that. Ideally, that is easily possible for you. Again, this show is all about real transformation for people who don’t want to waste a lot of time or a ton of money learning how to do it. You don’t want to have to wait years to do it. You can do this now, especially if you’re talking about a side hustle. Let’s talk about what opportunities are out there for you.
Everyone is born with some kind of gift.
Before that, I’d like you to think about what is your why and what is your what. Why do you do what you do and what do you do better than other people? That’s important. These seem like there are philosophical questions, and they are philosophical, but I want you to think about that because when you have your business, go out, and start hustling, you start marketing your business, and you talk about all the things you do or your company does and all the things. They don’t care about what you do. They care about why you do what you do because it matters. To our consumers, it matters.
For example, if you’ve got a healthy food/protein bar that gives you a lot of energy with very low carbs and no sugar, you could sit here and say, “I manufacture protein bars that have no sugar, zero carbs, zero this and that.” You can go on all the things about it, but if you came in and said, “As a young child, I have diagnosed a diabetic. I had a heart condition. All the males in my family died young, and I was determined to make sure that I stayed healthy.”
Once I’ve known how to do that, I couldn’t wait to share it with everybody. That’s a completely different kind of marketing message. Think about your why, why do you want to do what you do, and what you want to do. Think about what is your God-given given gift. In other words, even if you don’t believe in God, I believe that everyone is born with some kind of gift. No gift is any more precious than others, but some people have the gift of gab. Some people have an amazing eye for things. Some people are great mathematicians. Some people love having conversations. Some people are healers. Some people are teachers.
Whatever your gift is, find it, even if it’s something you don’t want to do. I know that one of my children is very gifted in writing, but she doesn’t want to have any to do with writing. She doesn’t want to make a living doing writing. She’d write every once in a while when she wanted to. She doesn’t want to be on a schedule about writing. She doesn’t think she’s talented enough, so it’s a no-go. She does other things with her talents that she’s not talented in, but she has a lot of passion for it.
We’re going to discuss this as we move along in this episode. Figure out your why, and then figure out what you’re better at than most people. I’m going to give you some examples. Maybe you’re passionate about photography or food. Maybe you like a certain food. Maybe you want to be a chef or a food blogger. Maybe you want to be a photographer. There are a lot of different ways you can go with the category of food.
It could be gardening and yoga. You could be a yoga teacher or create yoga clothing lines. You could write books. There are all kinds of things you can do, like general fitness, hair, and makeup. We talked about this writing. Maybe you play a musical instrument. Maybe you’re a great writer of music. You like automobiles. Do you like to talk? Maybe it could be a talk show host or a YouTuber. Are you a jogger?
Turn your passion-based business idea into a highly profitable dream business so that you can live the life you want to live, not the life you think you have to live because you’ve got to pay your bills.
We can, believe it or not, know how to monetize your passion for jogging as well. I listed a few things. If you’re like most people, you might have more than one thing that you’re good at. For example, I love to read. I have been reading when I was growing up in South Korea. I read a lot because that’s how I saw the world. You’re living on a tiny island. I lived literally on an island within Korea. Korea is a peninsula. We had no internet. Nobody had internet at that time around the world. We had a TV, but the connectivity wasn’t there. It didn’t get as far to a remote island at that time.
We got mostly snow, and sometimes we’d get one little slip snippet of news, but we were sheltered there. I have read a lot since I was maybe four years old. I read picture books then. As I got older, I read fiction and historical novels. Everything I could get my hands on, I read. I love books, and then eventually, I learned to write and wanted to write. I love writing. I was very talented in art like painting and designing. What do you do? Do you become a writer? Do you become a writer and a designer? Do you become a writer and a painter?
Most people have more than one thing they’re good at, and it’s natural. I also love photography. Now, list out all the things you see yourself doing passionately for the rest of your life. If you don’t know how to go about doing that, and you’re like, “I don’t know. Is this going to make money? I don’t know if I’m going to love this. If I do this eight hours a day, would I love it?” don’t conflate all these other decisions. Only think about what you see yourself doing. Can you see yourself taking pictures, traveling, taking more pictures, and editing for the rest of your life if you’re a photographer? Can you picture yourself constantly evolving, educating other people about fitness, and sharing your passion?
Can you imagine yourself doing that? Envision what your life would be like if you chose one thing out of the whole list. There’s a lot, more or less. It’s important that you narrow it down to one thing. It’s tough to start three businesses and make them all succeed at the same time. Pick one idea, and we’re going to pick the one idea that gives you the most that represents the biggest monetary potential with the least amount of effort on your part. Next episode, we’ll talk about the target audience, how you identify them, how you reach out to them, and how you message them.
Let’s go back to this lesson about how you find the idea with the greatest opportunity. I have a worksheet that helps you do this. You can go to my website, VictoriaWieck.com, and download this worksheet so that you can plug in all your hobbies and interests, and you’ll be able to figure out exactly where you belong in terms of which idea is going to give you the most amount of satisfaction and profits.
In the meantime, I will tell you this. I’ll give you a hint. A simple way to figure out this is, “What would you do with your time if you knew you never had to worry about money?” If you’re competing with several ideas, you might be good at photography. You might be good at musical instruments. You might be good at cars, fixing cars, or buying and trading cars. This exercise will teach you how to figure out where you are going to get the most enjoyment and where you are going to get the most amount of money. Which idea is going to get the most amount of money?
It gives you a self-examination of competing ideas. Come to VictoriaWieck.com or MillionDollarPassion.com and download that worksheet, and you’ll find that very interesting. This is all about turning your passion-based business idea into a highly profitable dream business so that you can live the life you want to live, not the life you think you have to live because you’ve got to pay your bills and you’re stuck at a job.
I look forward to the next episode because we’re going to kick it up in high gear and get into your target audience, pricing, and negotiating. All of that happens in the next few episodes. Until next time, please stay happy and healthy. Remember, happiness is a choice, and I hope you make great choices. Please do me a favor. Can you please share this episode with at least one friend or person? Please hit the subscribe button. I know I’m asking for a lot, but please leave me a review because that’s how other people find me. Thank you so much for reading, and I’ll talk to you next episode.