3 ms·

What are those better ways to spend time and effort?

• extr 2y ago
  It depends on your goals, but this is David’s core point. If your goal is an independent income stream or building a business, at many (most?) life stages, shooting for the moon is not practical - too risky to put all your eggs in one basket. Too many ways to fail and waste years. You’re better off diversifying your bets, not dissimilar to VCs themselves. Try small ideas and scale them up if they work/seem promising. And of course if your goal is just building wealth and having security, maybe working for a BigCorp is indeed the better choice of time/effort. You can make a lot of money in FAANG and get a dynamite family healthcare plan + retirement contributions to boot.