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Whitexican problems we call it here in Mexico: I'm in a similar position. 6 digit USD salary while living in Mexico. My problem is that I've been wanting to se

Whitexican problems we call it here in Mexico: I'm in a similar position. 6 digit USD salary while living in Mexico. My problem is that I've been wanting to setup a business: real life like a gym, a store or similar. The issue is that there's no way I'll get as much money as what I'm earning now... and I know building the business will require insurmountable efforts. So I'm reduced to keep working in IT, wait until my good luck ends and hopefully be able to retire around 45

jeromegv 5y ago
You are not "reduced" to do that. You are making that choice, that's all. Nobody is forcing you. If you badly wanted to create a business, you'd just go ahead and do it.
- LesZedCB 5y ago
  > > will require insurmountable efforts regardless of whether or not you believe it's just "making that choice," completely discrediting somebody's claim the effort is insurmountable _to them_ makes you a breaker of Rule 1
  - presentation 5y ago
    Well it is objectively surmountable and if it personally isn’t to them that means that the money is more important to them than achieving that goal to make a business. I don’t see how this isn’t a choice? “I’m not doing it since the insecurity of not having a high income is scarier than my desire to open a business” That said I do bet that if you try to do your thing and it really doesn’t work out you probably can go back to software afterwards if you’re open to the risk of burning through your savings in the process.
    - throwaway413 5y ago
      Because putting food on the table so your family can eat isn’t a choice. Don’t have savings to burn through as you do that? Then it’s not a choice. Just one example. Morality may not be objective, but it surely isn’t just personal either. That’s what makes it a nuanced discussion, and not just a choice one makes. By deciding you want to do that in the future but first you need to save, are you deprioritizing it, or prioritizing it indirectly?
      - dzikimarian 5y ago
        Most people in his country put food on family table without US-level software developer salary. It's hard to lower expectations of life quality, but let's not dramatize.
        leaflets2 5y ago
        Isn't everyone nitpicking at the word "insurmountable" :-) What if it wasn't meant to be taken literally
        xtracto 5y ago
        Lol i came back to my comment and saw this thread... English is not my first language so you are right, I'm sorry my choice of word got people worked up.
      - deleted 5y ago
        [deleted]
bombcar 5y ago
Or find an extremely trusted local who also wants to start a business and bankroll them. The extremely trusted is the hard part.
- Tenemo 5y ago
  Off-topic, but are you the bombcar of GTNH fame?
  - bombcar 5y ago
    If it can be called fame, heh.
cortesoft 5y ago
I am curious… why do you want to start a business? It seems like so much work for less pay. Why is the option of working until you retire early a bad thing?
- potatochup 5y ago
  Not the OP but I'd love to do something that contributes to the local community in a more tangible way than my current $BIGTECH job. I'd love to start a dance studio, a cafe/bookstore, a makerspace. But it'd be a huge pay cut, assuming I could even make a successful business out of it.
  - nine_k 5y ago
    Your paying higher taxes contributes likely more to the community than another store. Your paying a local charity usually does much more to the community than even running a gym. If you run a store or a cafe by just paying locals to work in it, using a part of your high wages, it's pretty helpful. But see the charity above; maybe it's better to support e.g. educators. In general, your community is never better off if you suddenly become poorer.
    - robertlagrant 4y ago
      Taxes contribute to government, not community. Agree with the charity option.
    - leaflets2 5y ago
      Using the money to pay others to start more local schools, maybe a free coding bootcamp (with entrance tests), maybe maybe could be a high impact thing to do? Or a charity yes (unless of course it's sth like a SPA for dogs)
- xtracto 5y ago
  It's just because I've been working in Technology all my life. I've got a PhD in CompSci, I've grown the tech teams of 2 startups, I've worked in different areas... and I just dont really find it that fulfilling anymore. The pay is outrageously good... but at this point it's mainly just that. After 20 years of doing it, it just isnt the same. Maybe it's just the "midlife crisis"

jeromegv 5y ago

You are not "reduced" to do that. You are making that choice, that's all. Nobody is forcing you. If you badly wanted to create a business, you'd just go ahead and do it.

LesZedCB 5y ago
> > will require insurmountable efforts regardless of whether or not you believe it's just "making that choice," completely discrediting somebody's claim the effort is insurmountable _to them_ makes you a breaker of Rule 1
- presentation 5y ago
  Well it is objectively surmountable and if it personally isn’t to them that means that the money is more important to them than achieving that goal to make a business. I don’t see how this isn’t a choice? “I’m not doing it since the insecurity of not having a high income is scarier than my desire to open a business” That said I do bet that if you try to do your thing and it really doesn’t work out you probably can go back to software afterwards if you’re open to the risk of burning through your savings in the process.
  - throwaway413 5y ago
    Because putting food on the table so your family can eat isn’t a choice. Don’t have savings to burn through as you do that? Then it’s not a choice. Just one example. Morality may not be objective, but it surely isn’t just personal either. That’s what makes it a nuanced discussion, and not just a choice one makes. By deciding you want to do that in the future but first you need to save, are you deprioritizing it, or prioritizing it indirectly?
    - dzikimarian 5y ago
      Most people in his country put food on family table without US-level software developer salary. It's hard to lower expectations of life quality, but let's not dramatize.
      - leaflets2 5y ago
        Isn't everyone nitpicking at the word "insurmountable" :-) What if it wasn't meant to be taken literally
        xtracto 5y ago
        Lol i came back to my comment and saw this thread... English is not my first language so you are right, I'm sorry my choice of word got people worked up.
    - deleted 5y ago
      [deleted]

bombcar 5y ago

Or find an extremely trusted local who also wants to start a business and bankroll them. The extremely trusted is the hard part.

Tenemo 5y ago
Off-topic, but are you the bombcar of GTNH fame?
- bombcar 5y ago
  If it can be called fame, heh.

cortesoft 5y ago

I am curious… why do you want to start a business? It seems like so much work for less pay. Why is the option of working until you retire early a bad thing?

potatochup 5y ago
Not the OP but I'd love to do something that contributes to the local community in a more tangible way than my current $BIGTECH job. I'd love to start a dance studio, a cafe/bookstore, a makerspace. But it'd be a huge pay cut, assuming I could even make a successful business out of it.
- nine_k 5y ago
  Your paying higher taxes contributes likely more to the community than another store. Your paying a local charity usually does much more to the community than even running a gym. If you run a store or a cafe by just paying locals to work in it, using a part of your high wages, it's pretty helpful. But see the charity above; maybe it's better to support e.g. educators. In general, your community is never better off if you suddenly become poorer.
  - robertlagrant 4y ago
    Taxes contribute to government, not community. Agree with the charity option.
  - leaflets2 5y ago
    Using the money to pay others to start more local schools, maybe a free coding bootcamp (with entrance tests), maybe maybe could be a high impact thing to do? Or a charity yes (unless of course it's sth like a SPA for dogs)
xtracto 5y ago
It's just because I've been working in Technology all my life. I've got a PhD in CompSci, I've grown the tech teams of 2 startups, I've worked in different areas... and I just dont really find it that fulfilling anymore. The pay is outrageously good... but at this point it's mainly just that. After 20 years of doing it, it just isnt the same. Maybe it's just the "midlife crisis"