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Are there any other projects that work on the same or similar problem? Maybe you could join one of those. If you're bound by an NDA and a noncompete, check if y
by LockAndLol 6y ago
Are there any other projects that work on the same or similar problem? Maybe you could join one of those.
If you're bound by an NDA and a noncompete, check if you can get rid of either or if you really want/have to stay where you are see if you can:
- get the liberty of hiring people for your own team
- get flexible work hours allowing you to show up when you want to and pick the problems you'd like to solve
Also, unless you haven't done so already, get/see a financial advisor to make sure you don't blow through 10M in a few years. Do something like building an apartment building (low income or not), invest in providing a basic service that'll always be around and will make you money for decades to come, etc.
- askwhat 6y agoI can work flexible hours and can hire people for my own team. I don't spend much at all and have a finance background so will try to invest some of them myself.
- wikibob 6y agoI cannot recommend highly and strongly enough to NOT play at investing, most particularly if you have a finance background. You are at high risk for overestimating your investing odds, getting a few lucky wins and getting hooked, and losing it all. Instead research the FIRE community and strongly consider dollar cost averaging into a market fund like VTSTAX and the S&P 500. You will, statistically, never be able to beat the market average over a long time period. And if you’re mid-20’s then you are looking at a 50+ year time horizon for your investments. That’s amazing! If prudently invested in market funds, it is likely that your 10MM can grow to a very significant multiple of that over the next 40 years. You should be able to stop full time work now and live on the interest. But you have to absolutely swear to yourself to never touch the principle under any circumstances.