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Well, if you had 100 million dollars, what would you do? For me, I would build something. A certain thing. And I realized that it's easier to get a job and get
by muzani 4y ago
Well, if you had 100 million dollars, what would you do?
For me, I would build something. A certain thing. And I realized that it's easier to get a job and get paid doing that instead of building/buying a team. I can be a billionaire later, but I won't necessarily be able to do what I really want to do.
Another angle is that I won't have the energy to be a developer when I'm old, but I can always do (senior) management 20 years from now. The entrepreneur route locked me out of development; I was making some sketchy decisions like coding stuff instead of buying.
If you just want free time and family, go for it. Family can also be a limited period - many people don't want kids past a certain age and only want to see their kids grow up. You're not going to play blocks with your son when he's 25. After that, you can go and chase material stuff. Many new careers start at 50. A lot involve family. An option is semi-retiring at 25 and then really get into hustling and stuff at 50, once you have the resources, skills, and connections.
Financial freedom is often completely separate from your life goals, and not a subgoal. In fact, many people switch their goals and become boring because they focused too much on financial freedom. The trader who makes $100k per month hits financial freedom... do you think he'd do his childhood dream job as a janitor at Disney World? Most likely he'd aim for making $120k next month.
- karmanyaahm 4y ago> After that, you can go and chase material stuff. Many new careers start at 50. A lot involve family. An option is semi-retiring at 25 and then really get into hustling and stuff at 50, once you have the resources, skills, and connections. As someone who is 17, from my (perhaps naive) perspective, do you know if you will even be alive at 50? Or will you have the energy/health to make an impact? A family now is good and all, but putting off making - ideas, impact, change - sounds like a recipe for disaster.
- bckr 4y agoI don't have kids, and I'm not certain I want them, but I've gotten to where I can understand that people would rather create people instead of ideas / impact / change. This is because, in some ways, nothing ever changes. Ideas will inevitably be remixes. Impact will just be percentages, non-unique contributions to systems. Change is reversible (see e.g. US Supreme Court). But having an important part in someone's life is non-fungible.
- muzani 4y agoI think if you don't have the burning desire for change, the ability, or the opportunity, the odds of failure are very high. If you do have all these conditions, then go for it. But otherwise, it might be best to wait, as age doesn't really diminish them. Also if you are raising kids, then the hedge is that you've probably raised multiple people who can bring the same impact or more. In many cultures, family companies like Samsung are quite common. Samsung did trading and only entered electronics when the founder was 50. But it was with Lee's children that Samsung became a major power.
- bckr 4y ago> Well, if you had 100 million dollars, what would you do I would write, interview people for my YouTube channel, and finally learn to make great music. I would buy a house and throw parties where I'd dress up in wizard robes and read ancient Sumerian texts to my friends with incense burning over delicious offerings. I'd get people together to play summer camp games on the weekends. I'd help my siblings and cousins do whatever they want to accomplish and see the world. I'd volunteer. I'd get in great shape.
- muzani 4y agoYeah, I don't think any of that needs much money, or even financial freedom. Nor does it sound boring. So I'd say you're on the right path.