Ending Soon! Save 33% on All Access

Is That High-Paying Job Really Worth It? Why staying at a job you don't love because you're earning great money might not be the best move.

By Ravin Gandhi Edited by Dan Bova

Opinions expressed by Entrepreneur contributors are their own.

PeopleImages | Getty Images

Recently I was playing golf (badly), and a very successful salesman in my foursome hit a terrible shot and said, "Anyway, a bad day on the golf course is better than a great day at the office." I laughed, but inside I really felt sorry for the guy, because I could not imagine hating my job that much.

So, why didn't the sales guy quit? One answer: He earned great money. Is it worth it staying at a job you don't love if you're earning great dollars? In my view, whether you are young or old, only focusing on earnings is a tremendous career mistake for a few big reasons:

Chase your passion.

Many of the most successful businesspeople in the world have said they would work at their jobs even if they did not get paid. Why? Because they had so much passion, their careers did not seem like work -- they truly enjoyed what they were doing every single day. Ironically, this strategy is also the best financial decision: The more you love something, the better you will be at it, and the more money you will end up getting paid. This is true whether you are a startup CEO, a ballet dancer or a surgeon. Beyond this, we all know nothing great comes easy -- so do what you love and you'll also be more equipped to deal with inevitable setbacks without getting despondent.

Related: Turning a Passion Into a Profitable Business

Play long ball.

If you are lucky enough to love your job, or your industry, don't even think about changing careers just to make a few extra bucks. I see so many young people leave jobs they love because of deluded short-term thinking. I worry that many of these people will end up very dissatisfied in their mid-40s or 50s and wish they had stuck with what they were really passionate about. Remember, your career is going to last decades -- short-term monetary gains are small battles, but long-term career satisfaction is the war you need to win.

Know yourself.

One reason that many people don't work at a job they love is that (believe it or not) they have no idea what they love. We live in a fast-paced world, and it's hard to throw your feet up on a desk and just reflect on what gets you excited and inspired. I encourage everyone to get to know yourself, cultivate interests, read books and if you can afford it see a professional coach or a therapist. You're only going to get what you want once you know what it is.

Related: 4 Ways to Love the Job You Hate

It's about the journey.

I have friends who sold the business they founded and loved for huge money, but who became miserable after they stopped working. Why does this happen so often? Because money, like so many other superficial things in life, is a means to an end and does not bring happiness. One of the wisest sayings I try to follow is the value of achievement is in the achieving. It's the journey you absolutely need to enjoy, because the destination (e.g. the big bonus at the end of the year, the IPO, etc.) will never live up to expectations.

Ravin Gandhi

Entrepreneur and Investor

Ravin Gandhi is CEO and co-founder of GMM Nonstick Coatings, one of the world's largest suppliers of nonstick coatings to the $9 billion housewares industry. Ravin also moonlights as a VC investor and has invested in technology companies such as KeyMe, Tred, Ampsy, Lettrs and Hester Biosciences.

Want to be an Entrepreneur Leadership Network contributor? Apply now to join.

Business News

'Creators Left So Much Money on the Table': Kickstarter's CEO Reveals the Story Behind the Company's Biggest Changes in 15 Years

In an interview with Entrepreneur, Kickstarter CEO Everette Taylor explains the decision-making behind the changes, how he approaches leading Kickstarter, and his advice for future CEOs.

Business Ideas

87 Service Business Ideas to Start Today

Get started in this growing industry, with options that range from IT consulting to childcare.

Business Models

How to Become an AI-Centric Business (and Why It's Crucial for Long-Term Success)

Learn the essential steps to integrate AI at the core of your operations and stay competitive in an ever-evolving landscape.

Marketing

5 Steps to Preparing an Engaging Industry Presentation

You can make a great impression and generate interest with an exciting, informative presentation. Find out my five secrets to creating an industry presentation guaranteed to wow.