3 ms·
What do you do after this leveling up?
by woah 8y ago
What do you do after this leveling up?
- jacquesm 8y agoTry to find a larger table, and manage your risk very carefully because you are still fragile and it is probably easier to go from $1M back to nothing than it is to go from $1M to $2M. The thing you definitely shouldn't do is change your lifestyle, that way you will be almost certainly back to square #1 after a couple of years.
- munchbunny 8y agoIf you're feeling conservative, find another well paying job in your preferred area. Use your windfall however you deem appropriate (like saving/investing it to cover kids/retirement/emergency fund). If you're feeling aggressive, launch into another startup. If you're feeling somewhere in the middle, save some, invest some, seed some startups, and find another interesting job. $1.1m is simultaneously not that much and more than you think, it depends a lot on your chosen perspective.