If you are an executive earning $10k a month, you had a dream but you chose to give it up so you can keep earning $10k a month and more in future. That would be the price of your dream.
If you were a poly lecturer making $5k per month but you gave up the job to pursue your dream of being a volunteer to take care of stray cats at a much reduced income. However, you are happier and derived satisfaction from the volunteer work. That would be the price of your dream.
If you have a dream but currently you are working in a job to earn enough savings for you to realise your dream, even though you may or may not enjoy what you are doing now but that is the price you are willing to pay to realise your dream.
What is the price you are willing to pay for your dream? What was the price I paid for my dream?
I was an engineer making $40k a year. I risked it to develop a product which I thought would benefit and bring convenience to Singapore wedding couples. It took me 3 years before there was a sufficient revenue stream. So in terms of monetary value, the price I paid to pursue my dream was $120k. However, in actual fact, it may be more than that. Assuming a 30 years working lifespan with no increment, my economic value as an engineer would potentially be $1.2 million. If you were me, would you be willing to pay the price?
I was lucky. I wasn’t intelligent as I didn’t consider so many factors. I attribute it to the brashness of youth. I thought my idea was going to be a runaway success so I just ran (pun intended) with my idea. I was naive. On hindsight, it wasn’t such a bad thing.
Maybe I was also stupidly stubborn. I didn’t know when to give up. And I stupidly persevered for 3 years, so much so that I was almost unable to pay my bills. That was the price I was willing to pay.
After 12 years. Now. Looking back. Have I gained more or lost more? Does success have to be measured that way? I would rather choose to contemplate and be satisfied by what I’ve gained.
I’ve more time to spend with my family. I can spend more time with my wife. I’m able to see my children grow. I can be part of their childhood. I’m there for them when they need me. I can be more flexible with my time. Please do not be mistaken for a second that by doing your own thing, you have more freedom or more free time. On the contrary, you have less freedom and more stress as there is no moment when you are not worried about your venture. There isn’t a moment in time where you stop thinking how you can do better and how to outrun your competitors. I work longer hours. Many a times, I sleep for less than 6 hours.
It is also a fact that what I’ve achieved can be lost in a whim and through no fault of my own.
What made me do it then?
I just had to know. I just had to know for sure if I can make my idea work and realise my dream. I don’t want to regret for the rest of my life if someone had successfully implemented a similar idea and it wasn’t me. I don’t want to be plagued by what ifs? If I had tried and failed, at least I would be satisfied with the knowledge that I wasn’t the better person to make it work. In that sense, I’ve also realised my dream, even though it was a failed dream. But at least, I’ve dreamt. I’ve lived.
Do not blame Singapore or the people around you if you dare not live for your dream. Do not blame the society that it does not tolerate failures. The truth is that you don’t tolerate your own failure.
There is a price to every dream. The question is: Are you willing to pay the price?