Well, a simple answer to the above question can be that both are essentially required for the success in business. However, this explanation will still leave you confused about which one to choose out of the two.
Money has the power to break and make kingdoms and honestly, it can influence your passion too. However, planning in a business is integral and is of paramount importance.
There have been examples when passionate people have drafted some of the great success stories like Mark Zuckerburg, Larry Page and many others. However, the number of such stories is far too less if you compare it with business success due to excellent planning.
Passion is a motivating force. It will provide you with the much needed steam when you hear a “No” or face “Rejection”, but if this passion combines with a careful planning then the driving force gets magnified manifold and deliver outstanding results.
Lastly, out of the Passion Vs Planning if we have to choose one, it will definitely be the latter. However, if you are able to strike a mix of both then there is no looking back for you and wonders will happen right in front of your eyes.