For most people this remains a dream – few people take the leap to pursue their passion but when they do, they open up a whole new world of opportunity.
Here are three entrepreneurs who did take the leap:
Make Maddi, ‘Puppetoys’ – Tip: Learn from failures
Make-up effects artist Mike was doing well in his career – his work has featured in a number of well-known films. However, it simply wasn’t enough for him and he soon became restless. He came up with an idea for a plastic toy that doubled up as a puppet. He took a prototype to the buyers at Toys ‘R’ Us, who ordered 1,700 units. Unfortunately Mike didn’t have the capital to fulfil such a big order and the opportunity slipped away.
After a redesign, he took it back to Toys ‘R’ Us, who were so impressed this time that they provided a manufacturer. After two decades the toys are still selling well, showing that success is often a matter of trial and error. Mike says: “You have to have an idea and have great passion for it, and expect to take it through a few times along the way.”
Elle Kaplan, ‘Lexion Capital Management’ – Tip: Trust your instincts
Elle Kaplan, 36, worked for ten years for Wall Street firms and earned a lot of money. However, she felt like her job didn’t enable her to help other people or do much good for the world, so she started toying with the idea of setting up a client-centric wealth management business.
While her family warned her off the idea, telling her she was crazy, her base of loyal clients encouraged her along the way. She said: “The people who really pushed me were entrepreneurs. ‘You’re crazy’ came from a place of love, but ‘go do it’ came from concern about my career.”
David King, ‘Sticky’ – Tip: Be balanced
David King used to be a lawyer at a top law firm in Sydney, Australia. Today he works in the U.S. running his candy company Sticky, which makes custom-made sweets in a live performance in front of customers.
David says his previous job paid well but there was something lacking – he simply wasn’t satisfied. His advice is to be optimistic, but to hold back a small part of your mind for failure. Failure does happen (a lot) but if you ignore it then you set yourself up for a big fall. If you half expect it, you preserve a part of you which can then be used to scoop the rest of you up to start again.
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