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Many people believe in the mistaken "no pain, no gain" philosophy. People seem to believe that somehow the universe will recognize their sacrifice and reward t

Many people believe in the mistaken "no pain, no gain" philosophy. People seem to believe that somehow the universe will recognize their sacrifice and reward them accordingly. John Oliver did an excellent piece on a new crop of so-called "seed faith" televangelists that have popped up to fleece poor people that believe in this philosophy [1]. The reality, of course, is the opposite. The most successful people I have known have all started their businesses while their lives were relatively stable. That doesn't mean they started off rich, but it does mean they weren't spending all of their time trying to figure out where they were going to sleep or where their next meal was coming from. These days, it is wholly unnecessary to quit your job or move to SV to make a startup happen, and doing so is counterproductive in almost all cases. [1] https://www.youtube.com/watch?v=7y1xJAVZxXg&t=4m31s https://www.youtube.com/watch?v=7y1xJAVZxXg&t=4m31s

fuzzywalrus 11y ago
I wholly agree with this, often it takes some sacrifice; while others play, you're working or living frugally to fund your dreams but this isn't the same as forgoing basic amenities. Also, I don't know the backstory but anyone looking to do this by choice may want to consider the ramifications of the outside looking in if you're looking for investment. To most looking to invest, I'd imagine going to this extreme raises red flags regardless if they're warranted or not.
melvinmt 11y ago
> it does mean they weren't spending all of their time trying to figure out where they were going to sleep or where their next meal was coming from. This is also a crucial concept in understanding why the poor stay poor: they simply can't afford to spend time and resources on the long term if they need to worry about meeting basic needs on a daily basis. If you're interested in learning more about this, I would recommend to read Scarcity, a wonderful book that explores this in more detail: http://www.amazon.com/Scarcity-Science-Having-Defines-Lives/dp/125005611X http://www.amazon.com/Scarcity-Science-Having-Defines-Lives/...
galfarragem 11y ago
Change careers like tarzan: https://sivers.org/tarzan https://sivers.org/tarzan

fuzzywalrus 11y ago

I wholly agree with this, often it takes some sacrifice; while others play, you're working or living frugally to fund your dreams but this isn't the same as forgoing basic amenities. Also, I don't know the backstory but anyone looking to do this by choice may want to consider the ramifications of the outside looking in if you're looking for investment. To most looking to invest, I'd imagine going to this extreme raises red flags regardless if they're warranted or not.

melvinmt 11y ago

> it does mean they weren't spending all of their time trying to figure out where they were going to sleep or where their next meal was coming from. This is also a crucial concept in understanding why the poor stay poor: they simply can't afford to spend time and resources on the long term if they need to worry about meeting basic needs on a daily basis. If you're interested in learning more about this, I would recommend to read Scarcity, a wonderful book that explores this in more detail: http://www.amazon.com/Scarcity-Science-Having-Defines-Lives/dp/125005611X http://www.amazon.com/Scarcity-Science-Having-Defines-Lives/...

galfarragem 11y ago

Change careers like tarzan: https://sivers.org/tarzan https://sivers.org/tarzan