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by tastybites 5578 days ago
Even small-scale stuff that nobody writes articles about like putting a personal guarantee on a 2-year commercial office lease or a line of credit qualifies as sacrifice and is actually quite risky.

I'd offer a small edit on the premise and say that it isn't necessarily a willingness to be poor, but a willingness to go broke for your convictions that is important. Being poor/impoverished is a mindset, being broke is a temporary condition.

Somewhat tangentially related is the derivatives trader mindset which I have been reading about recently.

3 comments

"Being poor/impoverished is a mindset, being broke is a temporary condition."

I'd say being poor/impoverished is a lack of money and a lack of friends or family with money (otherwise whose couch are you going to crash on?). (Only) being broke is just the former.

Chapter 7 bankruptcy doesn't even sound so bad if you don't have dependents. Although next time around you'll probably have to find someone else to guarantee that lease...
tastybites, I wish I could upvote your small edit 1000 times There is this russian proverb that goes: бедность не порок, нищета порок.