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Personal Chef, Personal Driver, and Personal Assistant (if I planned to keep working) have to be the trifecta of things I would want if I was rich enough to giv

Personal Chef, Personal Driver, and Personal Assistant (if I planned to keep working) have to be the trifecta of things I would want if I was rich enough to give a good salary to competent people entirely off my investments. The difference between a 7 and 8 figure exit can’t be understated though, assuming you want to make sure the money never runs dry. A 7 figure exit leaves you set for life, but not rich in the sense of “can do things that a good tech salary doesn’t already let you do”. At 8 figures you enter the territory of being able to sustain lifestyles inaccessible to those without so much money indefinitely.

deleted 4y ago
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jjav 4y ago
> A 7 figure exit leaves you set for life, but not rich in the sense of “can do things that a good tech salary doesn’t already let you do”. Perhaps stating the obvious but that's far from true. In terms of buying things and experiences, that is true. But a good tech salary brings with it a complete lack of free time to enjoy any of the things you could afford, having to work >>40hrs a week. A 7 figure exit lets you have mostly the same stuff you could afford on the tech salary, but then you have all the time in the world to actually enjoy it.
xnx 4y ago
> Personal Chef, Personal Driver, and Personal Assistant It's amazing how close we are to this level of luxury being available to the middle class in the form of Doordash, Waymo, and Google Assistant. The rich are richer than they've ever been, but in other ways the gap is closing. The richest billionaires can afford much nicer boats, but their phones aren't any better than ours.
- NineStarPoint 4y ago
  I would argue the benefit of the personal chef isn’t in being able to obtain made food for money (that is indeed quite accessible) but in being able to have someone that can tailor food to your nutritional desires. Even in large cities, finding a reasonable variety of pre-made food that isn’t awful for your health isn’t easy. Very fair point on everything else though.
beardyw 4y ago
>Personal Chef - who shows more signs of drunkenness each day > Personal Driver - who seems to be flirting with your husband/wife > Personal Assistant - who you suspect is subtly defrauding you Employing people to be close to you is fraught with potential problems real or imagined. Jeeves would give away Bertie's clothes if he didn't like them.

deleted 4y ago

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jjav 4y ago

> A 7 figure exit leaves you set for life, but not rich in the sense of “can do things that a good tech salary doesn’t already let you do”. Perhaps stating the obvious but that's far from true. In terms of buying things and experiences, that is true. But a good tech salary brings with it a complete lack of free time to enjoy any of the things you could afford, having to work >>40hrs a week. A 7 figure exit lets you have mostly the same stuff you could afford on the tech salary, but then you have all the time in the world to actually enjoy it.

xnx 4y ago

> Personal Chef, Personal Driver, and Personal Assistant It's amazing how close we are to this level of luxury being available to the middle class in the form of Doordash, Waymo, and Google Assistant. The rich are richer than they've ever been, but in other ways the gap is closing. The richest billionaires can afford much nicer boats, but their phones aren't any better than ours.

NineStarPoint 4y ago
I would argue the benefit of the personal chef isn’t in being able to obtain made food for money (that is indeed quite accessible) but in being able to have someone that can tailor food to your nutritional desires. Even in large cities, finding a reasonable variety of pre-made food that isn’t awful for your health isn’t easy. Very fair point on everything else though.

beardyw 4y ago

>Personal Chef - who shows more signs of drunkenness each day > Personal Driver - who seems to be flirting with your husband/wife > Personal Assistant - who you suspect is subtly defrauding you Employing people to be close to you is fraught with potential problems real or imagined. Jeeves would give away Bertie's clothes if he didn't like them.