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You can generally stratify most people into one of two categories: the work-to-live types, and the live-to-work types. The work-to-live types generally tend to
by solatic 10y ago
You can generally stratify most people into one of two categories: the work-to-live types, and the live-to-work types.
The work-to-live types generally tend to pursue careers involving working for some employer paying them salary plus benefits. With a few exceptions (the early employees of some of the bigger IPO successes), these people will mostly go on to earn middle-class or upper-middle-class incomes and live lifestyles in line with their income. Very few will ever come across life-changing sums of money.
Then you have the live-to-work types. Of course not all such people will become rich, but if you were to look at successful entrepreneurs, it'll be a long hard search before you find one who leaves the office every day at 5:00 PM on the dot to go home and loaf on the couch watching the game. These are the people who, if they are successful at building their company (and that is, of course, a huge if), will be able to walk away from the IPO with a fortune.
So why is it surprising in the slightest that the live-to-work types can't rest on their laurels?
- johnward 10y agoThere's a group in between that slave away at their corporate job for 60+ hours a week. I don't know what to call them. They are basically doing the worst of both worlds.
- jonas21 10y ago...or the best of both worlds. There are corporate jobs in tech where you can spend almost all of your time working on the things you enjoy (say research, product development, or solving hard technical problems) while letting others take care of the things you don't. You don't really have that option if you're an entrepreneur. And the fact that you can get a salary that places you in the upper-middle class is an added benefit.
- johnward 10y agoA remember the stories of people receiving paycheck and not having to report to anyone. I'm on the consulting side so I often forget there are people who don't track every second of their day and get scrutinized for merely working 40 hours.