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by cultofmetatron
1630 days ago
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I'd highly recommend "rich dad poor dad." At 18, you're probably too broke to use the information in it but it will lay down a strategy for building wealth as soon as you start getting income. IF I had it 15 years ago, I'd be a millionaire today. There's a lot of decisions I would have done differently had I read it at the time. |
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Right now, the employed quadrant pays unrealistically high. This wasn't always the case, but Rich Dad Poor Dad over the years made it such that architect and doctors quit their jobs to become stock traders and bakery owners. So there's a lot more demand for people who are willing to sit in an office. It's definitely an Employee's market, at least in 2021, and you'll wear yourself thin trying to hire. Sam Altman also said a few years back that more people wanted to be investors than start startups, so as a beginner investor, you're very likely to end up with bad deals.
I wouldn't say it's a bad book, but read it and apply concepts of economics to it. It gives you a piece of the puzzle but it's incomplete.