What does it mean to be passionate? Passion has obvious connotations in the world of romance but also can be in reference to one’s general feeling about something. Passion is more than just heightened interest. It is a true love for something that you do or something that you follow or have interest in.
Having passion for a business pursuit may be something entirely new for you, especially if you’ve been in work environments that you didn’t really enjoy. That said, passion is not just something that you either have or don’t have. It can be developed, it should be developed, and, by doing so, you will only create more income and success as an investor.
First off, how can you tell that you are passionate about something? I think this question can be answered in several ways and the following list offers a few ‘tell-tale’ signs that passion is what you are experiencing:
• Seeing or discussing something that immediately makes you happier
• That something taps into your emotional side
• Discussion of something that gets you excited and energizes you
• Your heart rate goes up a little bit
• You look forward to (and even plan for) when you get to do or see something
• You love the idea of sharing that something with other people
Let’s first look at these ‘tell-tale’ signs in the context of something you may be more familiar with and then I’ll apply the same things to your business and you’ll immediately see the parallel.
First, let’s use the example of a sports team. Are you happy when you have the opportunity to see your favorite team play? Do you get emotional during games in which your team plays? Do you love talking about your team to other people, whether they are fans of the team or not? Does watching your team get your blood going a little bit? Do you make plans to see your team play, even if it’s just on TV? Do you want to share with the world and with anyone who’ll watch or listen that you are a fan? If you can answer yes to some or all of these questions, then it’s safe to say that you are passionate about your favorite sports team.
Note that there is a significant difference between interest and passion. Interest is a more passive and non-emotional attachment to something, while passion is much deeper. A lot of people are interested in sports teams but, comparatively, few are passionate about them. Business works in much the same way.
A lot of people are interested in business. Poll 100 people and ask them if they would like to own a small business (i.e. be their own boss). A majority would probably like the idea and would say they are interested in it. Ask the same 100 people if they are passionate enough about it to change their professional lives to do it, and you’ll likely see that interest drop off considerably. Passion is an extra gear that goes beyond simple interest and there’s just more to it. So where does it come from?
Think about it this way. If you are passionate about a sports team, how did you get to be that way? You weren’t born with it. You weren’t taught to be that way. It probably came from seeing other passionate fans and experiencing something valuable in how they approached following that team. In part, you wanted to tap into that energy by being like them and that’s how it starts. Business passion is much the same way. You are much more likely to develop a passion for what you do by seeing other investors with passion describe what they do and how they feel about their profession. In short, such energy can be infectious and can help instill that business passion in you.
Beyond where you get your inspiration, passion must be nurtured and developed, just like the business itself. Why are you passionate? What is your mission? What is it you most love about the business? What sides of us does the business bring out that you most love to see? These are the elements of business passion that you must understand and embrace for passion to be something that you truly have for real estate investing or any other business. When you can demonstrate passion, others will see it and also become motivated as a result. Much like a passionate sports fan or movie buff, others who witness true passion may not fully understand it but will admire the conviction and emotion that is behind it. In the context of business, this can be a powerful credibility booster.
Passion can be reflected by exuberant discussion and giving off that intangible ‘vibe’ that you really care about what you are doing. That is the truest form of passion for your business. When your passion is based upon the love of the process this will greatly attribute to your ongoing success. For example, when you love interacting with clients, seeing their faces when you are able to present a solution to them, watching a distressed property become something better, and love seeing everyone win in the end, that is true passion for what it means to be a real estate investor. When you love these things and it shows, you demonstrate a true passion and people will respond to that.
I can honestly say I am passionate about real estate investing. I had to learn so much, but the passion I have for buying and selling property has afforded me the endurance to stay committed to learning as much as I possibly can about the whole process. I don’t want to take for granted that what I have learned has given me so many opportunities to do all kinds of things including meeting really cool people in this business, make a decent living and have a successful, self-made business. That is why I share all I can with others who want to learn and have a true desire to invest.