There are a few essential psychological reasons why this is probably actually true. The answer is to do what you love for those who love what you do.
I honestly believe that this is the sweet spot for entrepreneurs or other producer minded people. To do what you love for those who love what you do.
Let's break this down and look at both elements of that phrase because it gets thrown around sometimes and discounted even though there's a lot of value there.
First of all, do what you love. Why?
Because you love it? Is that enough of a reason? There's been research done on productivity.
And I'm also remembering what Dan Sullivan said about this in his program, the strategic coach. Where he said when you really hit your sweet spot, you meet four criteria:
Number one you have passion for what you're doing. You love it.
Number 2 you have exceptional skills in that area. So your sweet spot has to include both. The passion and the skill.
Number 3 adds energy to your life. And this quite frankly is one of the reasons why psychologically this is a good plan. It adds the energy that actually sustains you to continue doing this thing when it gets hard. And it's going to get hard.
Did you know that a high percentage of new businesses fail within the first 5 years? Well, that's because it gets really hard. And if you're starting a business to make money without loving what you do, it's hard to sustain that through the hard times.
Now your business will make money. In fact, I looked back in the archives. Obviously, the passion; the skill set; the energy that it brings to your life. All of these are important elements of why we need to do what we love.
The fourth point that Dan Sullivan made is that your sweet spot includes this element, as well. You seek constant improvement.
This is where innovation happens. In doing this thing that you love, you're constantly looking for ways to improve or innovate or upgrade the thing that you're doing.
That's why technology today is not what it was 10 years ago or even 10 days ago.
Do you realize how quickly it's all changing?
It's because people who are passionate about it continue to innovate new solutions. And you can do the same thing with that thing that you love.
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Everything that we've talked about so far is the selfish part.
The selfish part. Because obviously, if you're doing what you love most of the time, your life rocks.
You have more energy. You're enjoying your life, and that's pretty selfish so far.
So let's move to that other part of the equation. Not only is it perhaps selfish to do what you love for all of those great reasons that we just covered.
What makes this whole formula work is the second half?
You do what you love for those who love what you do. Now, why would this be important?
Hopefully, you'll see very quickly that this is, in fact, the foundation of a free-market economy.
It's what drives our economy. While you're creating value doing what you love. It begs the question of who is going to consume the value.
And if you do it for yourself, then you're consuming all of the value that you create. You have to create value for other people to set up an economic exchange.
If they love what you do, they don't want you to stop. How soon do you want your favorite restaurant to go out of business? Not soon, right?
You you want them to stay in business so that they can continue to do what they love for you who loves what they do.
That's just an example. So take whatever it is that you love. And it starts to bring up the next question.
Who loves what I do? And spoiler alert not everybody does.
A couple of years ago, Dr paul got to interview Greg Olson. Google him. Look him up. In the image search because he has done some beautiful artwork that is sort of faith-based and religious in nature.
And Dr. Paul said, "Greg, your work is amazing. I bet just everybody loves your work."
And he was goading him a little bit because I knew that some people hate his work.
And he knew that too. Well, that's things a little bit like an entrepreneur. Guess what?
Not everybody loves what you do. Get comfortable with that as soon as you can.
Because they're not your audience, are they? Seth Godin wrote a book called tribes. And in this book, he points out that we all have a tribe.
These are the people who love what we do. These are the people who are waiting for us to show up as the charismatic leader of their tribe.
You're the chief of this particular tribe. And if you don't show up and lead them, nobody will. Because it's your tribe.
Your tribe is the people we want to find. Your tribe is the one who loves what you do. Your tribe is who you need to connect with to make this exchange.
Not everybody is going to love what you do. To connect with your tribe.
And if somebody tells you, "Oh, I hate that thing you do." Oh, by the way. I'm used to that.
And all I know is, "Oh, that person is self-identifying as not being in my tribe." Thank you. That helps me.
That git makes it easier for me to not expend a whole lot of energy on somebody who doesn't love what I do. I want to serve you.
I want to serve the people who do love what I'm doing. That's who I'm here to serve. You're my tribe. Do what you love for those who love what you do. Now we've talked about both ends of that formula how both are important. For you to do what you love improves your life.
How would it feel to you if you could spend more of your time doing that thing that you love to do that you have exceptional skill in? That adds energy to your life. And that you're constantly innovating and upgrading. That would be awesome.
And that's the selfish part. You have to do that for someone. And as long as you're doing it for you well, you get to enjoy that. And that's a little selfish.
When you do it for those who love what you do, it sets up an exchange that becomes the economic engine that drives this entire machine.
I am so glad that you're here. And I'm honored to be on your team. Thank you for engaging here at Parenting Cents