The journey to making a living from a passion is often arduous, fraught with setbacks, and requires unyielding perseverance. Here’s a detailed breakdown of one individual’s path to achieving financial success as a meditation teacher and life coach, offering crucial insights applicable to anyone seeking to make money while following their passion.

The Beginning: Starting Point and Initial Struggles

Leaving a Corporate Job

The individual quit their corporate job on January 6, 2015, to pursue an undefined life purpose, which later materialized into writing, speaking, and meditation.

Early Years (2015-2017)

  • Spent two years writing the book “Find Your Truth” while attending toastmasters groups.
  • Upon publishing the book in early 2017, the financial return was disappointing.
  • 2017 income was minimal: a few thousand from book sales, $25 weekly from a meditation meetup, and sporadic earnings from a side job.
  • Struggled with self-doubt and financial instability but stayed passionate about the vision.

“The habit of treasuring up a text of Scripture in the morning, to be meditated upon while engaged in the business of the world through the day — is both profitable and delightful. It is as a refreshing spring to a weary traveler! – J R Miller” by Redeemed & Forgiven is licensed under CC BY-NC-ND 2.0. To view a copy of this license, visit https://creativecommons.org/licenses/by-nc-nd/2.0/.

Turning Points and Moving Forward

Mentorship and Coaching

Met a life coach in mid-2017 who provided consistent weekly support. This mentorship was pivotal, offering motivation and actionable steps such as reaching out to schools for teaching opportunities.

Breakthrough in 2018

  • After relentless effort, landed a gig training teachers on mindfulness and yoga, earning $2,200 in four weeks.
  • Started contributing to Insight Timer without immediate monetary returns but gained valuable exposure and growth.
  • Total earnings rose to $10,637, signaling progress.

Consistent Growth and Diversification

Scaling Up (2019-2021)

  • Launched an Insight Timer course, continued school mindfulness work, and began coaching people 1-1, leading to $38,856 in 2019.
  • The pandemic in 2020 disrupted school work but bolstered coaching practice, earning $57,910.
  • By 2021, with expanded coaching, new Insight Timer opportunities, and more school work, income soared to $106,489. The financial goal of $150k wasn’t met, but setting clear, practical steps towards it was essential.

“This way to Business Center and Meditation Room” by brownpau is licensed under CC BY 2.0. To view a copy of this license, visit https://creativecommons.org/licenses/by/2.0/.

Key Success Factors

Continuous Investment in Personal Growth

Significant investments in coaching, retreats, workshops, and courses over the years. A correlation between personal development investment and financial outcomes. For instance, in 2021 alone, $22,000 was spent on personal growth.

Persistence and Adaptability

The persistence to keep pursuing goals despite early financial shortcomings. The adaptability to pivot strategies and try new avenues, from teaching in schools to launching online courses and coaching.

Important Lessons and Strategies

  • Long-term Vision: Consistently holding onto the vision and faith in one’s purpose despite immediate financial pressures.
  • Seeking Mentorship: The value of 1-1 coaching and mentorship in providing direction, support, and ideas.
  • Investment in Self: Continually investing in personal and professional development to enhance skills and knowledge.
  • Incremental Progress: Understanding that financial success often grows incrementally, not overnight. Each small income milestone is a step in the right direction.
  • Multiple Revenue Streams: Diversifying income sources—from book sales and donations to courses and coaching—insulates against the unpredictability of relying on a single income stream.

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