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by DoreenMichele 2248 days ago
I spent years homeless and I have an incurable medical condition. I'm quite confident that being able to get VC money for your startup idea makes you one of the elite few in the world and puts your logistical problems concerning how to make the business a wild success squarely in the camp of "first world problems" and trying to figure out how to get rich following your dreams squarely in the camp of "one of the better problems for a human on Earth to have to wrestle with."

That doesn't mean there are no real challenges. But to some extent, perspective is a matter of choice.

You can choose to freak out every minute of every day about the latest supply chain snafu or whatever or you can look out your window at the homeless bum on the corner, realize he probably has very intractable and nightmarish personal problems or he wouldn't be a homeless bum and get a grip on your big emotional reaction.

Please note the guy in my story went into business, not medicine. This is a forum about business, not medicine.

Medicine is a whole other ball game and not comparable to the sorts of problems you run into as a founder of a business.

1 comments

I'm not saying the person is not part of an elite. I'm saying his problem is quite common, and has little to do with him being part of an elite. Yes, he could realize that he is in a good position, and it's not a big deal if his startup fails, and he can always get a decent paying job.

But he may well have the same problems in that job (not always as severe, but sometimes it can be). He may well have the same problems in a crappy job. That's why it's not a first world problem. It's convenient to believe that he causes his own problems by chasing wealth, but it's a flawed to think he would avoid them had he not gone that path. Not processing emotions well is not something unique to people who are in the elite. And not trying to get filthy rich will not cure your problem.

I view it very similar to physical ailments. It's a problem, and one needs a cure/salve. I don't couple it with one's behavior/motives/aspirations.

It's convenient to believe that he causes his own problems by chasing wealth

That's not at all what I said by any stretch of the imagination. I said "These are good problems to have. Having some perspective on that fact can help you face them more calmly."

not trying to get filthy rich will not cure your problem.

There are actually loads of people who report otherwise. There are myriad books by people who chose to walk away from the rat race and report gleefully that life is better now because they made that choice.

"How to survive without a salary" by Charles Long is one such book. He paid cash for a house in the country so he could grow his own food and have low taxes and damn little need for actual cash.

There are many such stories.

That doesn't mean no one should ever try to pursue their dreams or seek to strike it rich. But it's a completely valid choice to say "I find this too stressful and would rather do anything else. What are my options for just refusing to play this game?"

I agree that not chasing wealth will prevent some problems that people who do chase wealth have. I merely disagree that it will prevent this problem. There are plenty of people who are not chasing wealth and are not crazy busy but have similar problems as he does.
I will note that the author of this piece apparently now makes his money helping wealthy people recover from the so-called emotional debt they incurred while getting rich. So he has zero reason to tell people how to avoid incurring it to begin with and every reason to claim that it's entirely unavoidable.

I, on the other hand, give most of my wisdom away for free, which is one of the reasons I remain poor.

I'm poor in part because I find it morally objectionable to tell people to keep shooting themselves in the foot and to come hire me when the pain and bleeding get bad enough and I will bandage them back up and kiss their boo-boos for a steep fee. I have a bad habit of saying things like "the emperor has no clothes" and "not shooting yourself in the foot is an option here."

On the upside, I've avoided an estimated $9 million dollars in medical expenses. So it's not all downside.

In the interest of not looking like I just must get in the last word (or similar), I will likely step away from this conversation at this point in time.

Have a great (whatever time of day in your part of the world).