(PS.  If you don’t want to read about a fortuitous consequence of the economic slowdown, then you can skip the post below and just watch the video clip which features James Ray talking about some of the mistakes he made as he tried to turn his passion into his career on the Fox Business Channel)…

      The often unspoken, yet prevailing mantra taught by society, is to find a practical profession to make a steady income; and to avoid taking a risky career path such as pursuing your personal passion.  Many students get degrees in Finance, Accounting or Law simply because they believe it is going to guarantee them a good income.  This line of thinking has now been proven to be severely flawed because, unlike past recessions, many major investment and law firms on Wall Street (and across the country) today are firing highly educated, qualified and experienced investment bankers and business attorneys.  Thus, the prescribed path of hard work in college leading to a lucrative job is no longer the case.

      Although this has created financial upheaval for many people, one fortuitous consequence is that is has also given people an excuse, freedom and the time to focus on what they really love without any guilt that they are making an unnecessarily risky career move.  Now the “prudent” job choice in finance and law is no longer a practical career move.  Thus, many people can now be excused from the unspoken, ingrained doctrine of choosing a “traditionally safe” profession in order to make a lot of money; and instead can devote themselves to finding a livelihood that offers passion, fulfillment and even fun.

      In the video below, James Ray talks about the process he went through turning his passion into his business.

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