The Entrepreneur’s Source Founder Terry Powell Explains the top Career Myth

image20

“Growing up, it seems most people are taught to ‘do what you love’ (DWYL) or to find an occupation they are passionate about. This way of thinking is all well and good, but what happens when that passion doesn’t bring you anywhere near your goals?” said Terry Powell.

The High Cost of DWYL: 31 percent of College-Educated Americans Ages 35+ Never Worked Within Their Degree Field Source: CareerBuilder

Want to be happy? Don’t base your career path on something you love doing. Research has shown us that human beings are remarkably bad at predicting how they will feel when doing something in the future.

A business is simply a vehicle that gets you to your goals. Some people think you have to have an emotional connection to a business to be successful. The reality is successful people are in “the business of business.” They don’t have a love affair with the product or service.

Set yourself up for success… Make the rewards of a business be your passion   

The type of business you choose is less important than its ability to get you where you want to be. In essence, the vehicle is not nearly as important as the destination. The Entrepreneur’s Source® has the tools and experience to guide you.

Is a Myth Keeping You from Becoming a Legend?

When you own a business, your concentration is on running that business, not working in it. Studies show that when people are truly passionate about the service or product their business produces, their business judgment can get clouded and they tend to get stuck doing the technical work, giving them less chance of ongoing success.

Check out the 5 common franchising myths below that have kept many aspiring entrepreneurs from achieving success through franchising. So, don’t rule anything out! Keep an open mind when exploring your options—you may be surprised at the possibilities that present themselves.

The Entrepreneur

At The Entrepreneur’s Source®, business coaches work with aspiring entrepreneurs to answer the tough questions and help establish income, lifestyle, wealth and equity (ILWE) goals in order to find the best business opportunity fit.

The decision to take control of your professional career through entrepreneurship is only the first step. An E-Source Coach can help take you through the Discovery Process and identify the right business opportunity that meets your y ILWE goals.

 

Share this post:

Career Ownership Blog

Related Posts

Your Trusted Resource for Career Ownership Coachingfor helpful hints, best practices, anything related to career ownership.

 

man trapped under paycheck

Why Your “Good Job” Still Leaves You Struggling

The Career Ownership Path to Real Financial Freedom You work hard. You show up every day. You’ve done everything right—got the education, built the skills, landed the job. Yet here you are, checking your bank account before buying groceries, putting off car repairs, and wondering how everyone else seems to be doing better. You’re not…

Read More »
businessman

When the AI Bubble Bursts

Why Smart Professionals Are Building Their Own Safety Net You’ve felt it, haven’t you? That uneasy feeling when you read another headline about AI replacing jobs. You may have watched a colleague’s position get eliminated. Or you’ve seen your industry transform overnight. You’re not imagining things. The AI revolution is real, and for many professionals,…

Read More »

When Your Biggest Fear Isn’t Your Own Retirement

When Your Biggest Fear Isn’t Your Own Retirement—It’s Your Kids’ Future You’ve worked hard your whole life. You’ve built a nest egg. You’re comfortable. But something is keeping you up at night, and it’s not your own financial future—it’s your adult children’s. If this sounds like you, you’re not alone. According to a 2024 Pew…

Read More »