Choosing Between Making Money and Doing What You Love – Leonard A. Schlesinger, Charles F. Kiefer, and Paul B. Brown – Harvard Business Review via Freaklabs.
“If you’re really passionate about what you do, but it’s not going to make you a lot of money, should you still do it?”
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I made it through and retired early. I consciously balanced the things I loved versus the things that paid. It was a good time for computer software.
My first advice would be “manage your downside,” or at least understand what those words mean. In #OWS we had the example of a guy who “invested” $45K or whatever in a MFA centered on puppetry. In that case, you might be better off buying some puppets and getting at it.
My second advice would be “stay open to a day job.” When you want real freedom to create without restriction, the day job can fund that. There isn’t really a requirement that avocation and occupation be one and the same. Many of the greatest hacks are avocation at work.
John