3 ms·
Well there’s a couple of things at play here - extreme survivorship bias in the tech and startup world distorts your expectations - most startups fail, most b
by hack_fraud13 2y ago
Well there’s a couple of things at play here
- extreme survivorship bias in the tech and startup world distorts your expectations
- most startups fail, most businesses do not see exceptional returns
- intelligence is necessary (in most cases) but not sufficient for getting wealthy
- If you work in big tech with an MBA you’re probably much wealthier than the median USian.
- I suspect that lifestyle creep/peer comparison is distorting your view of your own personal wealth.
So yeah, there’s a number of cognitive biases that are distorting your ability to assess yourself here. What level of wealth are you aiming for? It would be easier to work backward from that number and try to model what you’d need to do to hit it.