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Please first define success. You should think about your own values in order to know what is success for you. I personally know people that made millions from
by pipio21 9y ago
Please first define success. You should think about your own values in order to know what is success for you.
I personally know people that made millions from creating software products and companies. But I do know nobody that did(or does it) it alone.
In fact, I "made millions" myself whatever that means starting with software(a million dollars is way less than 10 years ago because of inflation so it is not that much, specially if you life in a expensive place), but I made a hell lot of work and found colleagues along the way.
IMHO you should never focus on money. Money is just a tool for exchanging value. You should focus on creating value, even if at first it gives you little money. Because of innovation dilemma most things that create real value give you very little money first( Do you know how much money the Apple Store did the first year?)
In my opinion your priority should be finding a social circle that will help and understand you. If you have a business that means entrepreneurs. They will understand and support you like no one else. HN is virtual, you need real people around.
For me success is the ability to be free in my life, made my own decisions in my business, I could write on HN, or go climb a mountain when people is working, or travel a new country, or the ability to only invest on business that are ethical for me.
If earning more money means not being free, I will decline the offer, in fact I decline offers every single day. Why should I do it? To become a 80 years old billionaire? To have everybody know me so I have to live isolated against paparazzis or criminals wanting to kidnap my children because they know I am rich?
But your values could be different. Your priorities could be to show off, exert power over other people, of go meet interesting people, or have extreme experiences or send your children to elite schools, whatever is success for you.
- Plough_Jogger 9y agoInflation over the past 10 years has not been significant. $1,000,000 of purchasing power in the US today is roughly equivalent to $1,179,000 in 2007.
- sokoloff 9y agoIsn't "purchasing power" by definition after taking inflation into account?
- clamprecht 9y agoOnly if you're not buying a home, healthcare, or college.