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Exact same thing. Even if you're 20 it's the same plan. Or 60.
You can't get rich with a career anymore as the probabilities are stacked against you so much.
Better to exit your first wifi biz at even $100-200K vs slog for some clown for 10 years to save $200K.
If you can't pay cash for it and buy two of them it means you can't afford it.
This doesn't mean you never use leverage, its the financial stability that matters.
Income:
Job = exchange time for money
Career = exchange performance for money
Business = earns while you sleep
Incentives:
Job = do minimum to not get fired
Career = 80/20 barely promoted scale commission percent
Business = fight like every single day is your last day on earth
If you didn’t grow up with money and plan on getting rich get used to *not* fitting in
If you fit in you’re not doing anything different so you have no shot of passing people doing the same thing as you (with a head start)
Get used to being laughed at for your ideas
HGH needs to be legalized. Anyone who has taken it knows it’s basically the greatest anti-aging component ever created.
Reverse athletic ability by at least 5-years on the clock
Yep same advice we give.
If you don't have a portfolio of $1M+ you should spend your time starting a biz 100% of the time.
Your time on the extra 400-500bps isn't going to move the needle on $50K
Start small and scale up if you have the skills:
1) nothing few months
2) $300-600 a month
(dead for a bit most quit/give up)
3) $1,000-$2,000 a month - break through
(dead for a bit most quit/give up)
4) $3-6K+ a month....
(dead for a bit most quit/give up)
5) Homeless
I am baffled that we still force people to work in an office, especially for intellectual jobs such as web3, blockchain, etc. Here are some of the pros and cons of office vs remote work. 1/9
College isn’t there to make you think for yourself. It is there to teach you discipline and high “agreeableness”
This makes you a perfect cog for a firm
The less you actually think the better, allows them more control.
People really live like they get a second shot at life later
Netflix, hbo, 5 hours of sports watching a week.
Spend your time building, learning or earning
Once you get that habit there is no better game to play
Wealth Power Law
Bottom: Bicycle
Lower-Middle : Can’t afford plane ticket out of city/country
Middle: Car
Upper-Middle: Nice QOL but minimal ownership
Lower Rich: House + mortgage, minimal debt, struggling to get by.
Mid Rich : No look pay any restaurant bill.