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I agree with this, but as I get older I realise what a mistake it was to be this way. Wealth is an enabler that helps us meet our goals, however high minded, an
by doctor_eval 5y ago
I agree with this, but as I get older I realise what a mistake it was to be this way. Wealth is an enabler that helps us meet our goals, however high minded, and give us the freedom to do things the way we want. It gives us the ability to make our own mistakes instead of implementing others’.
Those who know this and are able to optimise for it will have a sustainable advantage over everyone else, creating a virtuous cycle.
- AussieWog93 5y agoFunny you say that. I'm in my mid-to-late 20's and quit my job in early 2020 (just before COVID!) to start my own business. I've landed on my feet completely - making about as much per quarter selling used video games[1] as I was per year as a software engineer, with a feasible and straightforward plan to double that before the end of 2022. However, seeing the the numbers going the way they are, I've started to wonder if I'm perhaps optimising too much in this direction at the cost of other aspects of my life. I'm not arguing that the pursuit of wealth is a waste of time or anything like that, but for someone who doesn't quite have Elon Musk-tier ambitions the cost-benefit analysis starts to weigh less favourably towards money the easier it gets to acquire. [1] For what it's worth, if you are smart, have strong technical skills and want to make money, I personally advise against starting a business that is "high tech" or "cool". Gaining domain expertise in a low-tech but scaleable area, then optimising it into the stratosphere is relatively low-risk and potentially ridiculously high-reward.