I am currently reading a book titled ‘Talent is Never Enough’ by John Maxwell. I read about this interesting survey cited in this book about the correlation between passion and income and want to share it here.
This is a study done on 1500 people over 20 years. The group of people was divided into 2 groups, being Group A which consisted of 83% of the sample, who were embarking on a career chosen for the prospects of making money now in order to do what they wanted later, and Group B which consisted of 17% of the sample, who on the other hand had chosen their career path for the reverse reason, they were going to pursue what they wanted to do now and worry about the money later.
And these were the findings:
- at the end of 20 years, 101 of the 1500 had become millionaires
- of the millionaires, all but one – 100 out of 101 – were from Group B, the group that had chosen to pursue what they loved
This is a powerful study. After reading this I am convinced to go all the way for my passion and the things I love instead of putting money as the first priority. I don’t mean that we don’t consider monetary in our decision making, but making it the sole and primary deciding factor might not bring one far.