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I think that both schools of thought are wrong in this case and would like to propose alternatives. Number 1, it doesn't matter whether you want to call it foll
by _andromeda_ 10y ago
I think that both schools of thought are wrong in this case and would like to propose alternatives. Number 1, it doesn't matter whether you want to call it following your passion or not, hard work and applying yourself are the most important things here.
Secondly, as it pertains to what you refer to as the bootstrap fallacy, this is beyond important for wealth creation. You have to have a low time preference in order to accumulate the capital needed to invest in whatever business you're in. You have got to be 'froogle' so to speak.
All in all, all these debates are borderline useless unless hard work and frugality are employed.