Passion vs. Money

jonahrubin
Fri, 13 Aug 2010 20:36:03 +0000

Fair enough. To be clear, my position is that if one is choosing moons to shoot at, it’s safer to shoot at the CEO/CFO/LawPartner/Big4Partner/BrainSurgeon moons because I think if you do that and end up in the 50th percentile of your fellow shooters, you’ll probably end up better than the 50th percentile of the entrepreneurs.

I also think that if one doesn’t really WANT to be a self-employed entrepreneur, you will be happier not being one even if you think you’ll make more money or have some other benefits doing it. Same with most of the other choices I gave(mainly doctor or lawyer). Accounting, engineering, IT, other disciplines require less investment up front, and I think it’s easier to switch into other roles when you start with those. Doctors and lawyers accumulate a lot of debt and spend a lot more years before figuring out they don’t like their jobs or aren’t good at them, and after 3 years of a failed self-employment effort you’ve got a lot less to show for it than someone with 3 years of unhappy public accounting/engineering/IT consulting or whatever.