3 ms·

Did I miss the part where he explains how he makes a living and provides for his family?

by dudul 11y ago

Delmania 11y ago
"When the assignments came, tentative at first, they paid a fraction of a full-time wage for someone of my age and training. But I was grateful. Material progress gives us the choice to trade our earning ability for more consumption, or more time. I had made mine, and found enormous joy in every day." He takes lower paying assignments and has adjusted his lifestyle accordingly.
- lucaspiller 11y ago
  > adjusted his lifestyle accordingly A lot of people on the thread seem to be missing this, but this really is the key point. If you want to keep your current lifestyle, going out to fancy restaurants three times a week, having two cars, sending your kids to top universities, etc you will of course need a lot to retire. If you want to move to somewhere remote and work the land for food, then you don't really need much at all. My uncle did this in a remote part of Bulgaria - the house he bought cost less than $5,000.
  - circlefavshape 11y ago
    ... but working the land for food is probably going to take you a lot more than 40 hours a week
    - Delmania 11y ago
      The distinction is that you are working the land directly for your own benefit as opposed to working for someone else. If you're good at repairing thing, can grow and manage your own food stores, and live in a small enough house, you don't need to spend 40+ hours at the office working for someone else. You can accumulate enough money to pay for various things through odd tasks. It's an appealing lifestyle, but definitely not something I'd recommend for everyone.
ohitsdom 11y ago
Seriously. I have very similar feelings as him- that as a father I want to be home with my wife and kids as much as possible. Right now my work week is pretty close to 40 hours, and I consider that a big success compared to most people I know. But my career goal is working towards more flexible working hours, and hopefully less total hours with higher profitability. But it's a dream, and I'm not sure how realistic a dream it is. "No one is stopping you from living in the mountains!" sounds like it's trying to be empowering, but how do you afford it? Then how do you come back into the job market ~5 years later and look attractive to potential employers?
- gregd 11y ago
  It's because having money (being rich if you will) alters your brain sufficiently enough to forget the common plight of plebs. There are quite a few things that are stopping me from living in the mountains: rent, food, gas, car payment, insurance, to name just a few.
tim333 11y ago
looking at his linkedin https://www.linkedin.com/pub/mohit-satyanand/20/2b8/baa https://www.linkedin.com/pub/mohit-satyanand/20/2b8/baa assorted directorships and chairmanships: Chairman Teamwork Arts 2013 – Present (2 years)New Delhi Area, India Managing Partner Magic Mountain Investments 2010 – Present (5 years) Director Amrit Corp Ltd. 2008 – Present (7 years) Director Inlingua 2001 – Present (14 years) Director DFM Foods Ltd 2000 – Present (15 years) nice if you can get it I guess
- pjc50 11y ago
  DFM foods is a big Indian snack manufacturer: http://www.dfmfoods.com/ http://www.dfmfoods.com/ So, I suppose the real answer is "have relatives who can get you a sinecure as a director".

Did I miss the part where he explains how he makes a living and provides for his family?

by dudul 11y ago

Did I miss the part where he explains how he makes a living and provides for his family?

"When the assignments came, tentative at first, they paid a fraction of a full-time wage for someone of my age and training. But I was grateful. Material progress gives us the choice to trade our earning ability for more consumption, or more time. I had made mine, and found enormous joy in every day." He takes lower paying assignments and has adjusted his lifestyle accordingly.

lucaspiller 11y ago
> adjusted his lifestyle accordingly A lot of people on the thread seem to be missing this, but this really is the key point. If you want to keep your current lifestyle, going out to fancy restaurants three times a week, having two cars, sending your kids to top universities, etc you will of course need a lot to retire. If you want to move to somewhere remote and work the land for food, then you don't really need much at all. My uncle did this in a remote part of Bulgaria - the house he bought cost less than $5,000.
- circlefavshape 11y ago
  ... but working the land for food is probably going to take you a lot more than 40 hours a week
  - Delmania 11y ago
    The distinction is that you are working the land directly for your own benefit as opposed to working for someone else. If you're good at repairing thing, can grow and manage your own food stores, and live in a small enough house, you don't need to spend 40+ hours at the office working for someone else. You can accumulate enough money to pay for various things through odd tasks. It's an appealing lifestyle, but definitely not something I'd recommend for everyone.

ohitsdom 11y ago

Seriously. I have very similar feelings as him- that as a father I want to be home with my wife and kids as much as possible. Right now my work week is pretty close to 40 hours, and I consider that a big success compared to most people I know. But my career goal is working towards more flexible working hours, and hopefully less total hours with higher profitability. But it's a dream, and I'm not sure how realistic a dream it is. "No one is stopping you from living in the mountains!" sounds like it's trying to be empowering, but how do you afford it? Then how do you come back into the job market ~5 years later and look attractive to potential employers?

gregd 11y ago
It's because having money (being rich if you will) alters your brain sufficiently enough to forget the common plight of plebs. There are quite a few things that are stopping me from living in the mountains: rent, food, gas, car payment, insurance, to name just a few.

tim333 11y ago

looking at his linkedin https://www.linkedin.com/pub/mohit-satyanand/20/2b8/baa https://www.linkedin.com/pub/mohit-satyanand/20/2b8/baa assorted directorships and chairmanships: Chairman Teamwork Arts 2013 – Present (2 years)New Delhi Area, India Managing Partner Magic Mountain Investments 2010 – Present (5 years) Director Amrit Corp Ltd. 2008 – Present (7 years) Director Inlingua 2001 – Present (14 years) Director DFM Foods Ltd 2000 – Present (15 years) nice if you can get it I guess

pjc50 11y ago
DFM foods is a big Indian snack manufacturer: http://www.dfmfoods.com/ http://www.dfmfoods.com/ So, I suppose the real answer is "have relatives who can get you a sinecure as a director".