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by daenz 1785 days ago
For a long time, my plan was to "get rich" and then use my money to work full time on specific interesting tech ideas of mine. The tradeoff of time spent "getting rich", even if it took a decade, was worth it because of the free time I would have afterwards. With this in mind, I tried building various startup ideas and joining startups that could blow up big. Nothing really worked out, and I realized just how difficult it is to get rich in that way. In the mean time, I was trading what I really wanted to be doing for these failed attempts at things I didn't want to do, and meanwhile the years were ticking away.

It took me a long time to realize that the gamble isn't worth it to me. If my end goal is to be working on the interesting tech ideas full time, I need to make it happen regardless of my financial situation. So that's where I'm at now: consistently taking 1 step every night and weekend. It's much slower than my ideal hypothetical world of riches, but it is more fulfilling because it is real. I'm making actual progress now, as opposed to maybe-future progress.

4 comments

I've thought about this too. It reminds me of the blog post Do the Real Thing^[1]. Too many people do everything except the goal they actually want to accomplish. While getting rich is not "easy" per se, it's an easy goal to set that won't get you any criticism from most people. Often times the loftier goals are not as clean cut and direct, and require serious amounts of introspection.

[1]: https://www.scotthyoung.com/blog/2020/05/04/do-the-real-thin...

One of the premises of the article is that cross-training does not bear fruit, but I recall claims that, for example, piano players picking up guitar had a much easier experience, than a non-musician picking up guitar.

Perhaps reality is more nuanced than that? Like, there may be tasks that appear very similar, but they are actually not cross-trainable?

Was exactly in the exactly same circumstances like you until a near death experience changed my perspective on life, Now I live doing things I like with the goal to die with lesser regrets if I die tonight.
I can really resonate with you, having the same thought process on working and dedicating time to own problems in tech after achieving financial independence,but not sure how it is going to go. Day job makes me tired and not sure how motivated i will be after achieving certain amount of money targeted to solve problems what i want.
I'm sorry your startups didn't work out. It sounds like those startups didn't build on your interesting tech ideas (why not?). Did you learn where you went wrong? I'm working on a startup to help people with problems like that, CxO Industries [1].

[1]: https://cxo.industries.