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No, I will teach you to be rich.

Read this.
AOL Small Business: "Do what you love; Get rich"

Great stories about how turning what you love into your business can turn you into a very wealthy person. (My favorite: How one woman started a sports magazine for women that's growing like crazy, even after Sports Illustrated for Women went kaput.)

If you're doing what you truly love, there will be few others (if any) who will know their stuff as well as you, work as hard as you, or be willing to sacrifice as much as you to make things happen.

Makes me wonder...if I do what I love, do I even need to read stuff like IWillTeachYouToBeRich.com, FinishRich.com, and RichDad.com?

Yeah, I probably do.

But, although doing what you love is no substitute for financial literacy, I think it's a great complement.

I've noticed that the more specific goals I have, the wilder the dreams I come up with, the more conscious I am of what I spend my money on. Because committing to doing what I love gives me reason for my money. Every time I'm about to waste money, I can't help but think "I shouldn't do this. I could use this money for something I want more."

The finance gurus concur.

It's why every time I hear a story of someone saving money using David Bach's "latte factor," I hear about what they put that saved money toward...a mortgage payment, a vacation, etc.

And it's why Ramit at IWillTeachYouToBeRich.com asks people to figure out why they want to be rich in addition to tracking what they spend their money on.

Posted by Ian Ybarra on 29 August 2006 Permalink

Internship opportunities

I* have several cool projects for which I’m accepting interns right now. If you or someone you know wants in on one (or two), let me know at ian*AT*ianybarra*DOT*com (*Quick bio at bottom of post if this is first you've heard of me)

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THE WORK
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Jessica's Good People – Inspired by my friend and mentee Jessica Pierce, this will be a celebration of people doing good to perpetuate Jessica's legacy and raise money for her memorial scholarship fund.

Guerrilla marketing for a baseball equipment company - Just like what Hugh Macleod is doing for English Cut and Stormhoek.

BASEBALL - several outrageous baseball projects, so if you're a baseball nut, let's talk.

Ferrazzi/NeverEatAlone projects

Spreading the word about global warming - a website/tool that will be simple but effective.

Marketing/publicity for a major business book

A web 2.0 app all about consumer brands

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SKILLS REQUIRED
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Writing (no need to have a laundry list of published works, just some ability and desire to improve)
OR
Web design
(but I'll be even happier if you can do both)

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WHAT'S IN IT FOR YOU
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These internships are unpaid, so you won't get rich, but you can get...

- new skills
- a cool work experience to show off to future employers in resumes and interviews
- recommendations from me to people I know or reference letters for grad school or scholarships or whatever you might need
- consideration for a real job with Keith Ferrazzi or with me (my last intern got a full-time offer to work for Keith)
- all the personal career advice you want


This is exactly the kind of opportunity I would have jumped on as a college student (however, I am not restricting this to college students...everyone is welcome).

If you have any interest in doing a cool project related to baseball, Web 2.0, nonprofits, media, book publishing, blogs, business gurus, community building, product creation, marketing, etc...let me know.

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* BIO BULLETS and other relevant stuff I've done
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- Grew up on baseball, football, and wrestling in Smallville, Kansas
- Attended college at MIT, studied materials science and engineering
- Advised an entrepreneurship class for four years
- Helped start largest internship program at MIT
- Had internships at GE Aircraft Engines and IncTank Ventures
- Wrote for Inc. magazine
- Helped to edit and market Keith Ferrazzi's bestselling book NEVER EAT ALONE
- Got a contract with a top publisher to co-author book to help companies recruit college students for internships and full-time jobs
- Helped brother get into Stanford and get internship at Negro Leagues Baseball Museum
- Helped Mike get internship at Easton Sports, where they "don't hire interns"
- Helped Ben muster the guts to quit a master's degree program in something he didn't love and move from Smallville to Nashville to pursue his music dreams
- Helped many more people start thinking about doing what they love by writing at http://ianybarra.com/blog
And more...

Contact ian*AT*ianybarra*DOT*com

Posted by Ian Ybarra on 29 August 2006 Permalink

Danger Mouse doing what he loves

Sure you heard the hit song "Crazy" by Gnarls Barkley. Here's what the duo's Danger Mouse says in Rolling Stone about making the album St. Elsewhere.

We didn’t worry about who would listen to it or what station would play it. We were just trying to impress each other.

Link: Rolling Stone - "Gnarls Barkley: This Summer's Weirdest Breakthrough"

Posted by Ian Ybarra on 25 August 2006 Permalink

The 10 Hottest Careers for College Graduates

Yeah, that's a headline that can grab your attention, but what else can it do?

For as little as my parents and I talked when I was younger about what I would do for work after college, one thing I remember them doing frequently was giving me articles to read that they saw in Newsweek or syndicated in a regional newspaper with headlines like

10 Fastest Growing Occupations for College Graduates
The 25 Fastest Growing Jobs for College Graduates
Employment Outlook for College Graduates

I remember reading them and feeling like I was receiving instructions from the government or the media or some authority that was telling me which job I would have. Or which 10 jobs I could choose from. Either way, I wasn't excited because few of the jobs on the list seemed like they'd be fun for me.

Now I realize that the sad thing is that even if a job on one of those lists might be a dream job of a certain individual, if she pursues the job in the slightest part because of those articles, she's not going to be happy later on.

Same goes for announcements of new degree programs. Saw this in Stanford's newsletter today...

In response to a serious shortage of genetic counselors, Stanford will launch a two-year program -- the only one of its kind in Northern California -- to train more professionals in the field. It is expected to begin in the fall of 2007. http://news-service.stanford.edu/news/2006/july26/med-genetic-072606.html

I had never heard of the genetic counseling profession, and it sounds cool for the right people. Perhaps those who are attracted to helping people with very important issues but they aren't drawn to financial advising, they want more concrete and data-driven situations than what's encountered in psychiatry, and they're into healthcare but don't want to go to med school. But I wonder how many current undergraduates who are considering graduate school as merely a way to delay deciding what they want to do next will apply to that degree program just because it's new. Just because it's news.

When you see articles like "Where opportunities lie for tomorrow's graduates" with lines like "By 2014, nearly 270,000 new accounting jobs will be created," just know that it might be useful to economists and entrepreneurs, but it's not something to plan your career or live your life by. By 2014, I'm sure there will be 270,000 other people who chose to do accounting for the wrong reasons, so there's no need for you to go into it if you don't want to.

Posted by Ian Ybarra on 22 August 2006 Permalink

Why do I get chain letters like this from people at jobs they don’t like?

The full story is below (minus the typical "God doesn't love people who don't forward stuff" threat at the end), but for those of you short on time, here are the two lines you need to read most.

You've got to have a dream. When you lose your dreams, you die. We have so many people walking around who are dead and don't even know it!

Have no regrets. The elderly usually don't have regrets for what we did, but rather for things we did not do. The only people who fear death are those with regrets.

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The first day of school our professor challenged us to get to know someone we didn't already know. I stood up to look around when a gentle hand touched my shoulder. I turned around to find a wrinkled, little old lady beaming up at me with a smile that lit up her entire being.
She said, "Hi handsome. My name is Rose. I'm eighty-seven years old. Can I give you a hug?"

I laughed and enthusiastically responded, "Of course you may!" and she gave me a giant squeeze.

"Why are you in college at such a young, innocent age?" I asked.

She jokingly replied, "I'm here to meet a rich husband, get married, and have a couple of kids..."

"No seriously," I asked. I was curious what may have motivated her to be taking on this challenge at her age.

"I always dreamed of having a college education and now I'm getting one!" she told me. After class we walked to the student union building and shared a chocolate milkshake We became instant friends. Every day for the next three months we would leave class together and talk nonstop. I was always mesmerized listening to this "time machine" as she shared her wisdom and experience with me.

Over the course of the year, Rose became a campus icon and she easily made friends wherever she went. She loved to dress up and she reveled in the attention bestowed upon her from the other students. She was living it up.

At the end of the semester we invited Rose to speak at our football banquet. I'll never forget what she taught us. She was introduced and stepped up to the podium. As she began to deliver her prepared speech, she dropped her three by five cards on the floor. Frustrated and a little embarrassed she leaned into the microphone and simply said, "I'm sorry I'm so jittery. I gave up beer for Lent and this whiskey is killing me! I'll never get my speech back in order so let me just tell you what I know."

As we laughed she cleared her throat and began, "We do not stop playing because we are old; we grow old because we stop playing. There are only four secrets to staying young, being happy, and achieving success.

(1) You have to laugh and find humor every day.

(2) You've got to have a dream. When you lose your dreams, you die. We have so many people walking around who are dead and don't even know it!

(3) There is a huge difference between growing older and growing up. If you are nineteen years old and lie in bed for one full year and don't do one productive thing, you will turn twenty years old. If I am eighty-seven years old and stay in bed for a year and never do anything I will turn eighty-eight. Anybody can grow older. That doesn't take any talent or ability. The idea is to grow up by always finding opportunity in change.

(4) Have no regrets. The elderly usually don't have regrets for what we did, but rather for things we did not do. The only people who fear death are those with regrets."

She concluded her speech by courageously singing "The Rose." She challenged each of us to study the lyrics and live them out in our daily lives.

At the year's end Rose finished the college degree she had begun all those years ago. One week after graduation Rose died peacefully in her sleep. Over two thousand college students attended her funeral in tribute to the wonderful woman who taught by example that it's never too late to be all you can possibly be.

Posted by Ian Ybarra on 11 August 2006 Permalink

It will never be easier than now...

…to do what you love.

Ramit asks What’s easier now than later?

Although I’m not old enough to know much about the later, I'd bet everything that this answer is correct: Doing what you love.

Why?

Seth Godin says “Dreaming was easier”
when he was in his 20s. Now he has to “push” himself to do it.

Meetpaul Singh says it was once easier to take the “risk to discover and pursue one's passions. I think back to starting a company and joining business school and medical school all within a few years. What was I thinking? Could I do it now? I’m not sure.”

And in Ramit’s original post, he seconds that motion, saying “taking risks in investing and life” is easier because you don’t have anything to lose.

And, my personal favorite, it’s easier to live “in situations your parents would abhor.” How much money do you really need?

I recently calculated that if I lived with my parents and cut out my traveling, I could live on less than $200 a month. Hmmm….tempting. It would be tough, but if it enabled me to do what I love most, it would be totally worth it.

HughTrulyAlive.jpg
(courtesy of Hugh Macleod at GapingVoid)

Posted by Ian Ybarra on 2 August 2006 Permalink