Episode Transcript
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0:03
Hey everyone, I am voice with Warikku.
0:06
I am here with the English podcast
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series. I am very happy to be
0:10
here with you. Career,
0:12
relationships, personal finance,
0:15
success, failure and
0:17
frankly, I am very happy to be here with you.
0:20
Today is Thursday, my favorite
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podcast platform for this episode.
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Voice with Warikku. So
0:29
the other day I was reading
0:31
about this founder called Brian Armstrong.
0:35
Brian Armstrong is a startup
0:37
Coinbase founder. Coinbase is one of
0:39
the US's largest brokerage companies. So
0:41
just in India, I am a
0:44
real estate user. And
0:47
he explains how he built Coinbase on
0:50
nights and weekends while working in
0:52
his day job at Airbnb. So
0:55
he basically describes how he full-time jobs at Airbnb.
0:58
And he would often work at Airbnb till
1:00
about 7pm or so. Then
1:02
he would come home, eat dinner and
1:04
then he would start working from 8pm to
1:07
midnight. Then he would do the same thing
1:09
3-4 days a week and he
1:11
would also do it on weekends. But
1:13
weekends he would then work for 7-8 hours. And
1:18
I personally believe that that is
1:20
a very smart way to
1:23
think about your passion. I
1:25
feel that this approach either comes from a point of
1:27
privilege, that
1:32
you can quit your job to follow your passion, or
1:37
more often it comes from absolute
1:39
foolishness. And here is why I
1:41
think it is foolish. When
1:43
you quit your job, and
1:45
especially when you are not yet
1:47
financially stable, it means
1:50
that the pressure of earning money will
1:53
fall on your passion from
1:55
day one. From
1:57
day one, you can't make any money. So
2:01
from day one itself, you
2:03
will have to force your passion to
2:05
start thinking about money. And
2:07
that will convert your passion into
2:10
your profession before you even
2:12
got a chance to build
2:14
that passion out. So let's say
2:16
your passion is teaching, your passion is singing, your
2:18
passion is dancing. There is
2:20
no way that you're going to make money from
2:23
that, from day one. But because you don't have
2:25
a money source now, because you've quit your job
2:27
to follow your passion, you
2:29
will be forced to now
2:31
think of teaching, dancing, singing
2:34
as a profession, as something you have to
2:37
earn money from. You've basically
2:39
killed your passion. So
2:42
here is my three-step
2:44
process in how do you convert
2:46
your passion into a profession. First,
2:48
stay in your job. Stay
2:51
in your job as long as it doesn't physically or
2:53
emotionally harm you. So the job
2:55
is not toxic, it
2:57
pays the bills, stay in that. Number
3:01
two, work nights, weekends,
3:03
holidays on your passion. Do
3:06
everything that you need to do without putting the
3:08
pressure of making money from it. Learn
3:11
from your mistakes, fail, improvise and
3:13
continue doing it. Your job is
3:15
paying the bills. Your
3:17
passion is simply getting discovered. And
3:20
step number three, when your passion
3:22
income predictably becomes higher than
3:25
your professional income, you
3:27
can now consider quitting your job. That
3:30
is how I would play it. At
3:32
least three months where your passion
3:34
income has been higher than your
3:36
professional income. If you hit that,
3:39
I think you are on a way to consider quitting
3:41
your job and it will not
3:43
be a foolish decision if you do
3:45
decide to do so. However,
3:48
don't kill your passion the
3:50
day you decide to raise
3:52
it. Please
3:54
give it time to nurture.
3:58
Give it time to develop. give
4:00
it time to hone it. And
4:02
the way to do that is to have
4:04
financial stability. And for most of us, that
4:08
will come by staying in a
4:10
job. All
4:12
the best.
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