The True Cost of Following My Dreams: How Creating My Dream Life Almost Broke Me

When attempting to inspire and motivate people to follow their dreams, it can be easy to paint a utopian picture. I see it all the time - entrepreneurs and motivational figures sharing their $80,000 weeks, posting pictures of themselves working from their beachside villa, or in some cases, lying about their life in order to convince others that they’ve “made it.”

I’m no exception. As I’ve made my entrepreneurial journey, I’ve had some big wins, but I’ve also had some big losses. And while I don’t outright lie about my life, I’ve chosen to keep parts hidden because, honestly, I’m scared. “How can I inspire others if I’m struggling? I need to show people that the choice to follow their dreams is worth it.” That’s the belief that I carry around, and I’m sure many other entrepreneurs do as well.

But that changes for me today. I want you to read my story and know that following my dreams and starting my own business has challenged me in a billion ways; one of the most difficult being financial. Money is one of the most taboo subjects; nobody talks about it, especially when it’s not abundant. Yet, it’s the most common thing holding people back from making their dreams a reality.

I don’t claim to know everyone’s financial journey toward their most authentic life; I only know mine. And it’s been rough so far. Here it is:

When I was debating leaving my stable job, I thought, “I’m not even making that much money right now. I could easily make this much and more on my own.” That was the thought that allowed me to finally let go and leave something that was crushing my soul. I knew it was possible to have financial abundance, and I knew I could make it happen.

Soon after I quit, I became overwhelmed with fear. “What did I do? I have to make money somehow, but my business is barely a coherent idea right now.” After a few months, I found a part-time job, and started doing network marketing as well. I attempted to build my business with the help of this network marketing work; “Yeah,” I convinced myself, “this is close enough to what I want The Growth Studio to be.”

I worked really hard at it and made some money, but not enough. I realized I was putting just about as much money into it as I was making, so I wasn’t really getting anywhere. Plus, I was working my butt off for a cause I didn’t 100% believe in. After a few months, I dropped the network marketing gig to get serious about my own business.

I continued to work through bigger ideas for my business. I knew I had to get focused. When I started, my mission was to create a business based on normalizing the messy process of change. How could I do that more? What would help me actually do that?

Throughout the year, I invested in courses that promised to help me create profitable systems. I bought self-help books to help me figure out what I really wanted to do. I scoured online groups for free coaching calls and masterminds to help get some clarity. All the while, I spent the majority of my time either working my various part-time jobs, or perfecting my website, or researching the best business model. Basically, I kept myself busy, but I didn’t see much business growth.

It’s been a little over a year since venturing into the entrepreneurial world, and I’ve not only created even more debt for myself, I’ve spent a lot of time doing a lot of extra things I really didn’t want to do. Which was the biggest reason I left my full-time job in the first place. 

At my point of lowest disappointment and despair, I thought, “This is not what I wanted. This is not my dream life. I’m so done feeling anxious every time I need groceries, or gas for my car, or when I need to pay a bill. I’m so DONE being broke!” I felt like a failure. I felt like my financial hardship was unfair; after all, I courageously leapt out of safety and onto a path toward my dream life. I took risks! I sacrificed things! “Shouldn’t I be reaping some rewards by now?!” I thought.

At this point, it would’ve been easy to give up. To throw in the towel and get a “J.O.B.” But my vision for my business was still strong, and I knew - deep down - there was more to learn, so I wasn’t about to quit.

Instead, I finally did what I should’ve done from the very beginning; I hired a coach. At the beginning, I convinced myself I couldn’t afford it. Hiring a coach seemed like something I’d be able to do later, as my business started generating revenue. As it turned out, I couldn’t generate a revenue without the help of a coach.

I’m happy to say that finally… I’m clear about what I’m doing, why I’m doing it, and how I’m doing it. I’m working through the mindset blocks that brought me to financial scarcity so that I can continue to step into my power and do the work I was meant to do. And finally… I’m bringing in money through my business. While I’m not completely out of the whole that I dug for myself, I’m moving upward.

I’m not one to regret mistakes, because I believe everything happens for a reason, but if I could go back and do it over again, I would’ve invested in personalized support from the beginning. The fear that I felt about not knowing what I was doing would’ve been worked through with a coach. The fear about not making enough money to pay the bills would’ve been worked through with a coach. The fears about putting myself out there and letting my voice be heard… would’ve been worked through with a coach.

If you’re ready to make a change in your life, hire a coach. Seriously. Especially if you’re worried about how your dream is going to generate money - investing in the support of someone who’s going to help you be successful will save you tons of time and money in the long run.

I’m not saying you’ll go deep into debt if you follow your dreams. I’m also not saying it’s something to be ashamed of if you have gone into debt for your dreams. What I am saying is that pursuing your dreams is going to cost money, whether you want it to or not. Invest wisely, get the focused support of a coach or mentor, and your returns will happen much sooner than if you try to do it on your own. 

You can do anything you set your mind to. But you don’t have to do it alone.


If you're yearning to live a more authentic life and create a career aligned with your strengths and life purpose, and you’re committed to your personal growth and ready for change now, book a free intro call with Monica here.