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Been soliciting career advice. You guys gave me good advice before... here's hoping you can help me sift through some things I've been hearing.
Rich Person 1
This person runs one of the world's largest venture capital funds. He's worth between three and five hundred million dollars.
- Find someone who is really good and be their apprentice. In my case, it was Jack Welch. I wouldn't say that everything Jack did was right, but he accomplished a great deal and taught me a great deal.
- A corollary - the #1 reason you should choose another job is not because your boss is a bad boss, but if you think he or she doesn't care. Because a boss who doesn't care won't teach you much worth learning.
- The Valley is a tough place. I've seen a lot of extremely well-qualified people try and fail to break into it. Granted, what you're looking at is not some fifth-tier fund, but still something where you will be rowing against the current, especially on the West Coast.
Rich Person 2
This person is a successful repeat entrepreneur. He is worth close to $2 billion.
- Even if you don't end up working for me, go work in genomics. Genomics will be the dot-com opportunity of your generation. AI is also close but the hardware and technical requirements make it harder to break into. Genomics - now if you can put together a team around that and learn how to sell... you'll make a killing.
- We are on the verge of being able to control our evolution as a species. Think about what this statement means. Why do you want to spend your time chasing after the next social media network that will be marginally better than the last one? If you're smart, you should hitch yourself to a rocket ship that changes the world.
Rich Person 3
This person founded a $8bn private equity fund. He's worth around $1 billion.
- Don't take a job opportunity just so you can brag to your MBA classmates about it. 90% of employment fads are just that - fads - that sucker in smart, insecure people like yourself.
- I see all these guys from (his alma mater) running around the Bay Area telling 23-year-olds that they're gods gift to humanity because they can code Ruby on Rails. They do this knowing - knowing! - that more than 75% of the time their idea will end in failure. Then they run back to me and ask if they can be a VP with (his private equity fund). It's farcical, I tell you.
- Most things that are exciting are exciting because of beta. Real alpha in this world comes from boredom. Find something that's boring and stick to it. You might learn something that no one has done anything about, and then you can make a move.
So who should I listen to? Should I take the steady corporate job, chase the next great social network as a VC, or hitch myself to a rocket ship?
 
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As the old saying goes, shoot for the moon, because even if you miss, you'll find yourself flying among the stars.
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On May 04 2016 19:41 Shady Sands wrote:
So who should I listen to? Should I take the steady corporate job, chase the next great social network as a VC, or hitch myself to a rocket ship?
I vote for the rocket ship. At least you won't be able to regret it afterwards.
Seriously though, is your life goal to become rich? If so, tough luck because your chances are slim no matter what you do. If it's something else then work towards that. If you're not sure, try out stuff.
If all it took to get rich was hard work, dedication and career advice from rich people, there would be way more rich people out there.
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You should go back to flirting with leggy brunettes on planes obvi
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I work in for a company that is funded through private equity, we are small but much more efficient than the corporate counterparts. Corporate jobs are good for meeting young people and a status symbol among some, with a most likely a higher salary than a private equity gig.
I chose private equity for two reasons, A) I have more responsibilities and am forced to tackle problems head on, it's been an amazing learning experience and cannot imagine the same happening at a corporate job where I have only a select few tasks that rinse and repeat. B) The potential payoff is much greater in some scenarios. My counterpart job at a corporate company has a higher annual salary, where as my job involves buying and selling for profit, if the profit is big enough, the employees receive a bonus. So for me this was a no brainer, I have learned much more than I believe I would have at another job and in the future I can always do something else.
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i think you should be personal fluffer for dude b
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The easy answer is "depends". Depends on your age, your skill set, and your appetite for risk.
From the post, it sounds like you're a young guy who lives in the Bay Area with a lot of career options. You can try chasing start-ups or biotechs, but be warned that it is a very unstable career path. That's not necessarily a bad thing because the compensation and the learning experiences are very high, but it is pretty common to have to find a new job every year or two. It can be very difficult to find stability later on, something a lot of young people seemingly haven't realized yet, although you could always retreat to grad school if things get hairy or you get set on something you want to do.
The unifying strand seems to be to find something you enjoy and where you have talent and then get really really good at that thing. It does help if you avoid talents that can be replaced with machines and try to do something that requires good insight and judgment and powers of persuasion, which will always be rare.
Also, you should balance out listening to super rich people by listening to moderately successful people and then people who took their shot and missed. Super rich people are often very lucky in ways that can't be easily replicated and they take a lot of things for granted. The attitude about genomics is frankly immature, to be honest. You need to balance that out by talking to somebody whose biotech went belly up because a patient died in clinical trials and the FDA pulled the plug. Although it is fun and exciting to see someone like Elon Musk turn his immature thoughts (he thinks we're all already in the Matrix) into a suspension of belief of what is not possible and build something totally new and unexpected.
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do all three, take a corporate VC job that's based off of a spaceship.
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I think you should ask yourself some questions. I do not understand this obsession with money.
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Just some random thoughts, a lot of it is mentioned by others. I think genomics and nanotechnology is definitely the "rocket ship", and it all probably would come much faster than we expect, even tho they seems science fictionish. People constantly miss the law of exponential change. (there is a documentary on it, our brains is just not evolved or trained to consider exponential change nearly as well as linear) and we are now near the cusp of some super rapid changes. (I was at the Albany nano tech center recently, you won't believe the progress and how much main stream media doesn't really cover, cuz lets face it. They prioritize whatever brings in the most eye balls and $ in the short run always)
But importantly you should also do w/e it is that you are passionate about and brings people value. The money part should always be considered as result, not the goal. Not many people makes a lot of money when it is the main goal, and even when they do, they are not happy. ( I know some wall street friends).
Do what you passionate about that brings value. Not only will you be happier doing it, have more energy doing it, it is much more probable that money will come as a result as well. And don't let stuff like but "but I have no talent" or this and that stop you. Almost everyone can be passionate and excel and learn well in something. I have a friend who can't draw for shit, but because of me he started an Instagram account sharing other people's artwork just a year ago. He now has near 2 million followers and makes $$$ like nothing, people pay him big bucks just to post their art work, when at the start all he wanted was for more people to see interesting art, he was passionate about that, not to make money off Instagram or w/e.
If you're thinking "but I don't know what I'm really passionate about", then that should be the 1st question answered, not ... which path would get me rich. Just my opinion.
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On May 05 2016 03:28 Glider wrote:
People constantly miss the law of exponential change. (there is a documentary on it, our brains is just not evolved or trained to consider exponential change nearly as well as linear) and we are now near the cusp of some super rapid changes.
It's more like a sequence of successively steeper S-shaped slopes than an exponential curve though. Phases of rapid progress and slow progress. When we unlock a new key technology, we enter the rapid progress part and then it levels off again. It seems like we are currently in a slow phase, but that phase can end very quickly.
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#1 Sounds like Shkreli 
I agree with the sentiment that genomics is going to be the next big thing. However, I have a hard time believing that a person with a business background will be the one to make the billions, it's going to be someone who combines medical knowledge with business knowledge. That, or some investor will pour billions into 20 different biomedical startups and hope that one takes off.
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don't spend so much time looking outside yourself for answers.
find your niche by experiencing life first hand...
adjust your life path based on how you feel about things.
"Money is only a tool. It will take you wherever you wish, but it will not replace you as the driver." -Ayn Rand
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thedeadhaji
39489 Posts
Thanks for sharing.
On May 04 2016 19:41 Shady Sands wrote:
So who should I listen to? Should I take the steady corporate job, chase the next great social network as a VC, or hitch myself to a rocket ship?
Depends on your meta-goals.
On May 05 2016 01:56 SoSexy wrote:
I think you should ask yourself some questions. I do not understand this obsession with money.
I think the context is relevant not because they have money, but they've actually done what they preach (instead of saying something that sounds good without having done it themselves). It's very hard to accumulate 9-10 figures of wealth riding someone else's coattails.
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On May 05 2016 05:44 JimmyJRaynor wrote:
don't spend so much time looking outside yourself for answers.
find your niche by experiencing life first hand...
adjust your life path based on how you feel about things.
"Money is only a tool. It will take you wherever you wish, but it will not replace you as the driver." -Ayn Rand
haha it's great how an Ayn Rand quote may appear tame and almost sensible in a ridic'ly capitalistic thread.
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You know a thread will be entertaining when it starts with venture capitalist giving advices on how to get rich, and ends up with people quoting Ayn Rand.
My observation is that people who want to be rich at all cost and succeed are in an immense majority jerks. Don't become a jerk, do something you like and think is meaningful, do it well, and if you succeed in that, maybe you'll get very rich, which probably won't make your life one bit better.
Being rich because you are the next Walt Disney or the next Ford is great. Being rich because you are a shark who exploited the rotten universe of venture capitalism because you have never seen value in anything else than money is not. Don't take that road. Redefine your definition of success, and if you want advice, ask it to great artists, great scientists, great economists, nobel prize winners, and so on..
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On May 04 2016 19:48 Impervious wrote:
As the old saying goes, shoot for the moon, because even if you miss, you'll find yourself flying among the stars.
but the moon is easier to reach than the stars.......
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On May 05 2016 19:14 JieXian wrote:Show nested quote +On May 04 2016 19:48 Impervious wrote:
As the old saying goes, shoot for the moon, because even if you miss, you'll find yourself flying among the stars. but the moon is easier to reach than the stars.......
Not much of a difference between the moon and a certain star in terms of difficulty to reach it.
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On May 05 2016 16:51 Puosu wrote:Show nested quote +On May 05 2016 05:44 JimmyJRaynor wrote:
don't spend so much time looking outside yourself for answers.
find your niche by experiencing life first hand...
adjust your life path based on how you feel about things.
"Money is only a tool. It will take you wherever you wish, but it will not replace you as the driver." -Ayn Rand
haha it's great how an Ayn Rand quote may appear tame and almost sensible in a ridic'ly capitalistic thread.
people have said money is the root of all evil.. has any one asked what is the root of money?
On May 05 2016 09:16 thedeadhaji wrote:Thanks for sharing. Show nested quote +On May 04 2016 19:41 Shady Sands wrote:
So who should I listen to? Should I take the steady corporate job, chase the next great social network as a VC, or hitch myself to a rocket ship? Depends on your meta-goals. Show nested quote +On May 05 2016 01:56 SoSexy wrote:
I think you should ask yourself some questions. I do not understand this obsession with money. I think the context is relevant not because they have money, but they've actually done what they preach (instead of saying something that sounds good without having done it themselves). It's very hard to accumulate 9-10 figures of wealth riding someone else's coattails.
if you want advice from someone not riding any one's coat tails find successful people who come from a single parent drug addict family; and they were physically and/or sexually abused throughout their childhood. these types of people possess a rare depth of intellectual independence.
you'll get advice from this type of person that's just as valuable as any billionaire.
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If you are not a complete idiot, any job in a developed western country will provide you with more then enough money to have a pleasant life. The not being idiot part comes in twice, firstly in not being completely useless so that your job isn't something really bottom feeding and secondly in not wasting money on every nonsense around just because that's what other people do. I have a below-average wage in a rather poor central-european country and I am essentially swimming in money just by not spending them uselessly.
So if you don't live in the "third world" (whatever that means today) you do not really need to care about having enough money, despite everything you may hear daily in the media. Then the only question left is what you enjoy doing. I don't know much about you, but I remember your username and have a vague idea that you are a rather smart person, so I feel like you really can do anything you want at this point. I would personally go for the spaceship way then, but that's really a matter of personal prefference.
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On May 05 2016 22:38 opisska wrote:
If you are not a complete idiot, any job in a developed western country will provide you with more then enough money to have a pleasant life.
the most indebted sub-soveriegn jurisdiction in North America has a town under a "boil water advisory" for 19+ years... and electricity? HA! who needs that shit! to go with that they have left wing do-gooders like Dalton Mcguinty and Kathleen Wynne pointing fingers in every direction.
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On May 05 2016 22:38 opisska wrote:
If you are not a complete idiot, any job in a developed western country will provide you with more then enough money to have a pleasant life. The not being idiot part comes in twice, firstly in not being completely useless so that your job isn't something really bottom feeding and secondly in not wasting money on every nonsense around just because that's what other people do. I have a below-average wage in a rather poor central-european country and I am essentially swimming in money just by not spending them uselessly.
So if you don't live in the "third world" (whatever that means today) you do not really need to care about having enough money, despite everything you may hear daily in the media. Then the only question left is what you enjoy doing. I don't know much about you, but I remember your username and have a vague idea that you are a rather smart person, so I feel like you really can do anything you want at this point. I would personally go for the spaceship way then, but that's really a matter of personal prefference.
this is def not true at all
in the us, for example. $50k/yr in bumfuck alabama makes you solidly middle class. In the NYC area, you're going to need a roommate and tight budget to have any kind of ability to live comfortably and save.
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On May 06 2016 02:47 QuanticHawk wrote:Show nested quote +On May 05 2016 22:38 opisska wrote:
If you are not a complete idiot, any job in a developed western country will provide you with more then enough money to have a pleasant life. The not being idiot part comes in twice, firstly in not being completely useless so that your job isn't something really bottom feeding and secondly in not wasting money on every nonsense around just because that's what other people do. I have a below-average wage in a rather poor central-european country and I am essentially swimming in money just by not spending them uselessly.
So if you don't live in the "third world" (whatever that means today) you do not really need to care about having enough money, despite everything you may hear daily in the media. Then the only question left is what you enjoy doing. I don't know much about you, but I remember your username and have a vague idea that you are a rather smart person, so I feel like you really can do anything you want at this point. I would personally go for the spaceship way then, but that's really a matter of personal prefference. this is def not true at all in the us, for example. $50k/yr in bumfuck alabama makes you solidly middle class. In the NYC area, you're going to need a roommate and tight budget to have any kind of ability to live comfortably and save.
Luckily, as far as I know, even in the US, people are not born chained to the ground, right? Living in an expensive area makes sense economically only if the additional expense it outweighted by higher income - which it also very frequently is.
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First of all, I really don't think that wealth generally qualifies for good career advice. I remember 13 years ago, I found myself in a similar position and I kept asking myself:
"Life is filled with opportunities, but I never take a chance, I have ideas, big plans, yet I never realize them! Why is that?!
I'm not lazy, I got no debt, I'm not stupid, I got a diploma....." But I was scared....so I'm ..a...math guy, definitions relations/functions make it easier for me to approach a problem; so I got started:
definition(simplified example*):
<=>idea = success if I overcome my fear---> so best case scenario: fear = 0 <=>success = effort + passion;
<=>success = effort + passion - fear //true if effort + passion > fear//
That helped me moving forward(but I had a clear vision of what I wanted to do).
So how does this apply to your question?
1. Ask yourself, what do YOU want! Meaning: What's more important to YOU? "doing what you love"/"money"/"fame"/....
----> Get your priorities sortet out!
2. Find your algorithm and apply it to your "real life scenarios".
*I left out project details and parameters like costs/time...didn't wanna clutter the page and overcomplicate things 
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I don't have any advice. I just want to say that I think you have incredible potential as a writer.
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This thread is funny.
Second advice looks like it is the most exciting, but that's just my own feeling.
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On May 05 2016 03:28 Glider wrote:
Just some random thoughts, a lot of it is mentioned by others. I think genomics and nanotechnology is definitely the "rocket ship", and it all probably would come much faster than we expect, even tho they seems science fictionish. People constantly miss the law of exponential change. (there is a documentary on it, our brains is just not evolved or trained to consider exponential change nearly as well as linear) and we are now near the cusp of some super rapid changes. (I was at the Albany nano tech center recently, you won't believe the progress and how much main stream media doesn't really cover, cuz lets face it. They prioritize whatever brings in the most eye balls and $ in the short run always)
But importantly you should also do w/e it is that you are passionate about and brings people value. The money part should always be considered as result, not the goal. Not many people makes a lot of money when it is the main goal, and even when they do, they are not happy. ( I know some wall street friends).
Do what you passionate about that brings value. Not only will you be happier doing it, have more energy doing it, it is much more probable that money will come as a result as well. And don't let stuff like but "but I have no talent" or this and that stop you. Almost everyone can be passionate and excel and learn well in something. I have a friend who can't draw for shit, but because of me he started an Instagram account sharing other people's artwork just a year ago. He now has near 2 million followers and makes $$$ like nothing, people pay him big bucks just to post their art work, when at the start all he wanted was for more people to see interesting art, he was passionate about that, not to make money off Instagram or w/e.
If you're thinking "but I don't know what I'm really passionate about", then that should be the 1st question answered, not ... which path would get me rich. Just my opinion.
excellently put!
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Why do you want to be rich in the first place? Shouldn't you strive to do something that you're passionate about, and then potentially seek wealth in that domain?
(also yeah, genomics is heavily favored to be the next big thing)
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France9034 Posts
We are on the verge of being able to control our evolution as a species. Think about what this statement means. Why do you want to spend your time chasing after the next social media network that will be marginally better than the last one? If you're smart, you should hitch yourself to a rocket ship that changes the world.
I don't know about being able to control our evolution as a species (this sounds a bit too enthusiastic/spectacular a statement, but I'm not an expert at all), but the underlying thought in that quote is way way underrated today IMO. I really HATE the fact that a lot of companies that make the tech headlines and are the targets of immense investment are companies developing "a new way to share photos", or "a new way to keep in touch with your friends". People chasing the next social medias look like complete idiots to me...
I'd really like it more if this money was directed towards companies developing an actual useful product (lol @ Internet Of Things, nice try but no).
The way I see it, I'd go for a job at a company doing something cool AND useful. Like a rocket ship. :>
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How much do you like swinging your dick at people?
(Good writing, by the way. I've only caught a couple of your things before but am always impressed.)
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On May 06 2016 03:22 opisska wrote:Show nested quote +On May 06 2016 02:47 QuanticHawk wrote:On May 05 2016 22:38 opisska wrote:
If you are not a complete idiot, any job in a developed western country will provide you with more then enough money to have a pleasant life. The not being idiot part comes in twice, firstly in not being completely useless so that your job isn't something really bottom feeding and secondly in not wasting money on every nonsense around just because that's what other people do. I have a below-average wage in a rather poor central-european country and I am essentially swimming in money just by not spending them uselessly.
So if you don't live in the "third world" (whatever that means today) you do not really need to care about having enough money, despite everything you may hear daily in the media. Then the only question left is what you enjoy doing. I don't know much about you, but I remember your username and have a vague idea that you are a rather smart person, so I feel like you really can do anything you want at this point. I would personally go for the spaceship way then, but that's really a matter of personal prefference. this is def not true at all in the us, for example. $50k/yr in bumfuck alabama makes you solidly middle class. In the NYC area, you're going to need a roommate and tight budget to have any kind of ability to live comfortably and save. Luckily, as far as I know, even in the US, people are not born chained to the ground, right? Living in an expensive area makes sense economically only if the additional expense it outweighted by higher income - which it also very frequently is.
So are you saying that if you're born in an expensive area and all your family lives there... you should leave all your family just because it's too expensive to live comfortably there?
As someone who lives in NY area and deals with the extremely expensive costs of living, I can tell you that you'd have to move quite far away to escape the high prices. Should I abandon all ties with my aging family and friends just to live a "more comfortable" life on a lower income 100 miles away? Or should I continue to scrape by with 2 roommates in an expensive town to continue to support my family?
I hate posts like these because they only apply to someone with literally no meaningful ties whatsoever who is happy to just up and leave his HOME to go somewhere more suited to his economic class.
I don't know how life is in Europe, but cost of living and economic class is very pronounced in the US.
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On May 06 2016 22:24 Therapist. wrote:Show nested quote +On May 06 2016 03:22 opisska wrote:On May 06 2016 02:47 QuanticHawk wrote:On May 05 2016 22:38 opisska wrote:
If you are not a complete idiot, any job in a developed western country will provide you with more then enough money to have a pleasant life. The not being idiot part comes in twice, firstly in not being completely useless so that your job isn't something really bottom feeding and secondly in not wasting money on every nonsense around just because that's what other people do. I have a below-average wage in a rather poor central-european country and I am essentially swimming in money just by not spending them uselessly.
So if you don't live in the "third world" (whatever that means today) you do not really need to care about having enough money, despite everything you may hear daily in the media. Then the only question left is what you enjoy doing. I don't know much about you, but I remember your username and have a vague idea that you are a rather smart person, so I feel like you really can do anything you want at this point. I would personally go for the spaceship way then, but that's really a matter of personal prefference. this is def not true at all in the us, for example. $50k/yr in bumfuck alabama makes you solidly middle class. In the NYC area, you're going to need a roommate and tight budget to have any kind of ability to live comfortably and save. Luckily, as far as I know, even in the US, people are not born chained to the ground, right? Living in an expensive area makes sense economically only if the additional expense it outweighted by higher income - which it also very frequently is. So are you saying that if you're born in an expensive area and all your family lives there... you should leave all your family just because it's too expensive to live comfortably there? As someone who lives in NY area and deals with the extremely expensive costs of living, I can tell you that you'd have to move quite far away to escape the high prices. Should I abandon all ties with my aging family and friends just to live a "more comfortable" life on a lower income 100 miles away? Or should I continue to scrape by with 2 roommates in an expensive town to continue to support my family? I hate posts like these because they only apply to someone with literally no meaningful ties whatsoever who is happy to just up and leave his HOME to go somewhere more suited to his economic class. I don't know how life is in Europe, but cost of living and economic class is very pronounced in the US.
Why does your family live there? Either they have a high enough benefit from staying in an expensive area and then they don't need your support, or they don't and should move somewhere else. People are getting really irrational when it comes to where they live, but it's really an economic decision. It's the same as when we have retired people complaining that they can't afford rent in the capital city with their pensions, even though the rent is still regulated by the state (in privately-owned houses, to a large loss at the side of the owners, even though it is supposed to be "free market" now) and there are lines of people waiting for the same apartment, who actually do need it because they want to work in the city. Large concentrations of people tend to create high costs of living but high benefits to those, who can but those to work. The others are better off moving somewhere else - or at least they shouldn't complain how "poor" they are.
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I believe that is a very heartless and cold way of looking at things and it is a shame.
I will say no more.
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On May 07 2016 00:17 Therapist. wrote:
I believe that is a very heartless and cold way of looking at things and it is a shame.
I will say no more.
Don't get me wrong - I am not a worshiper of capitalism and would prefer that our society moved towards a structure where most people lived nice lives without having to work their asses off and I believe that it is quite possible, because we have large overproduction of things, only we aren't distributing them right. That having said, one has to be realistic when operating within the existing system. However I also believe that people who support the idea that most people somehow are destined to be poor within our system contribute to its perpetuation - because it helps creating the impression that we collectively have a lack of resources, while in fact we do have a large surplus. The emotions of those poor people are thus being manipulated into keeping them poor.
Speaking more generally, I believe that rationality is better in achieving well-being than emotions. What you have said is in my opinion a good example of a greater issue - people have the tendency to act irrationally because of their emotional ties to other people, ignoring the fact that the purported benefactors of their behavior could have benefited more had they been treated more rationally. You always need to ask, if you are really helping someone or just making yourself happy by giving you a feeling of helping.
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Pretend money wasn't a factor at all. What would you do?
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basically...
Work with/for someone that can help you develop.
Try to actually be original/innovative.
On May 06 2016 18:09 Ragnarork wrote:
I'd really like it more if this money was directed towards companies developing an actual useful product (lol @ Internet Of Things, nice try but no).
But I really want my coffee pot to tweet out that I'm on my third cup 
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My only life advice was found on a meme or some shit: it's never your successful friends posting the inspirational quotes.
A while ago an acquaintance of mine said "I had a discussion with a rich entrepreneur, we think so much alike". Now he does steroids and has trouble keeping a job.
Good day.
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PERSONAL EXPERIENCE
a) Goal: Be able to make positive changes to my society, country, & world. At the same time, I want to have enough to please myself and surrounding people, such as neighbors, friends, family. Making them comfortable and smile will make me comfortable and smile.
b) So there are lots of things I need to get there, I'm not sure in what proportions or order of importance: money, power, relationships, experiences, knowledge, wisdom, followers, passion, vision.
c) So what do I do right now? I don't think there is a straight forward answer or way to get there, actually there are infinite possibilities to get there. So basically I'm trying everything I can, experience new things, try new things, fail and success on different things, and by things I mean business, projects, ideas, etc. And basically I'm hoping one day I'll reach there, and if I don't, well, I'm pretty sure I'll get somewhere neat. And from there, keep on trying, reaching higher than before.
Die trying.
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None of the above seems like it would suit you well; try option number 4
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You can just ask advice from lottery winners and answer would make just as much sense
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I think Mightyatom might be able to give you an insightful perspective on this.
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On May 05 2016 22:38 opisska wrote:
If you are not a complete idiot, any job in a developed western country will provide you with more then enough money to have a pleasant life. The not being idiot part comes in twice, firstly in not being completely useless so that your job isn't something really bottom feeding and secondly in not wasting money on every nonsense around just because that's what other people do. I have a below-average wage in a rather poor central-european country and I am essentially swimming in money just by not spending them uselessly.
So if you don't live in the "third world" (whatever that means today) you do not really need to care about having enough money, despite everything you may hear daily in the media. Then the only question left is what you enjoy doing. I don't know much about you, but I remember your username and have a vague idea that you are a rather smart person, so I feel like you really can do anything you want at this point. I would personally go for the spaceship way then, but that's really a matter of personal prefference.
I can only back up this statement
When I was young I wanted money, because hey everyone was only talking about that around me. I though If I earned money I would be around smart and cool people and shit. I never asked myself what would I do with that money.
Now I've graduated, I earn a lot and I realized 6 months ago what was the point ?
I'm under a lot of pressure from work, I hate everyone around me, they all talk about nothing but money, sex and money (and then sex).
When I travel I like going to youth Inn to meet new people, that is cheap as fuck.
When I don't I like lifting cooking reading and learning new stuff, that is even cheaper.
I like expensive clothes not made by slaves, but I'm not going to spend 5K a month in that shit.
Being rich is nowhere as cool as I though (well to be fair being a Millionaire as to be the best thing ever cause you don't have to work no more, reading Solje all day without leaving my house that as to be the dream).
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What about buy some cheap land near a lake or river and live by eating the fish you caught?
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I don't have any advice, but the only person that sounds sane to me is #1.
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On May 04 2016 19:41 Shady Sands wrote:
So who should I listen to? Should I take the steady corporate job, chase the next great social network as a VC, or hitch myself to a rocket ship?
I don't see where there is conflicting advice?
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at that point of wealth, being worth 500 million, 1 billion, 2 billion, should have absolutely no weight for judgement.
You should be at the point in your career that you know what kind of career in what area you want. Are you a venture capitalist type? entrepreneur type? Or are you private equity? Whichever one you resonate with the most is the direction you should go towards
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On May 05 2016 20:42 spinesheath wrote:Show nested quote +On May 05 2016 19:14 JieXian wrote:On May 04 2016 19:48 Impervious wrote:
As the old saying goes, shoot for the moon, because even if you miss, you'll find yourself flying among the stars. but the moon is easier to reach than the stars....... Not much of a difference between the moon and a certain star in terms of difficulty to reach it.
You can pretty much launch any direction and eventually reach the sun, assuming you can get out of the Earth's gravity well. Even if you miss, you'll land on the moon (or a very small chance of hitting another planet)
But I'm actually reconsidering doing AI now. Was planning to go the quantitative analysis route.
And one of my favorite quotes in response to the people saying you shouldn't try to get rich: Money can't buy happiness, but it's nicer to cry sitting in a Mercedes than it is sitting on a bicycle.
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all i see is "smartly" concealed brag-post, how did this even get featured
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Who cares what rich people think? Also, you didn't give any background on yourself or your own aspiration other than some random rich people said something once.
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If I see someone has $$$ on eyes, I leave him. I hate money and even more to people who thinks only about money.
opisska's post is so damn true. My act with my money is like him. And yes, believe me or not, you can have a pleasant life in an easy way with it.
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EPT
