When we think of someone who has achieved success, we like to imagine the individual who sells everything they own to move to a new city to pursue their passion.
We love the story of the individual who goes all in in pursuit of their passion that we have come to believe that this is the only way to achieve success.
However, it’s not. And in many situations, this thinking can do more harm than good.
In his book “Real Artists Don’t Starve,” bestselling author Jeff Goins explains a study done at the University of Wisconsin at Madison that demonstrated that this is not the best way to achieve success.
In this study, the researchers wanted to find out whether or not business owners were more successful by staying at their day jobs or by leaving them.
The study followed 5,000 American entrepreneurs who either went all in and quit their job to build their business or who decided to keep their job while they worked on their business on the side.
And what the researchers found was that the more cautious entrepreneurs ended up being the more successful ones, whereas the risk takers who quit their jobs early were 33 percent more likely to fail.
This study shows that success isn’t launched overnight. Instead, success happens gradually over time.
So, if you’re thinking about quitting your day job to pursue your passion, don’t.
Instead, start pursuing your passion by taking just one small step. Then take another step. And then another.
Often times, it’s not the big bets that pay off but the small ones that build up over time.