"Do what you love and the money will follow?" Is it delusional to live by this adage? Being an artist I want to believe that it's true.
Mark Albion, Author of the book “Making a Life, Making a Living” cites a study by Srully Blotnick:
“A study of business school graduates tracked the careers of 1,500 people from 1960 to 1980. From the beginning, the graduates were grouped into two categories. Category A consisted of people who said they wanted to make money first so they could do what they really wanted to do later after they took care of their financial concerns. Those in category B pursued their interests first, sure that the money eventually would follow.
What percentage fell into each category? Of the 1,500 graduates in the survey, the money-now category A’s comprised 83 percent or 1,245 people. Category B risk takers made up 17 percent, 255 graduates.
After 20 years, there were 101 millionaires in the group. Only one came from category A, 100 from category B.
Hmmm...interesting...I wonder if there were any artists among the 100 millionaires from the B group?
Do what you love and the money will follow. A good plan. I think I'll stick to it.
P.S. I bought a Lotto Max ticket for this Friday, just to cover my ass.