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by 30minAdayHN 26 days ago
There is a huge assumption here that being an Entrepreneur, the only desire and success definition is to become well-off. Assuming your statement in good faith, it is not the only outcome. So offering Boggleheads strategy as an alternative or get the same outcome as Entrepreneurship is misinformed. I've come across a few friends when I shared I was building something or working for a startup, their immediate question was "Did you not get a job at Google?" :)

There are many people out there who enjoy building. Even if it gets very low traction and doesn't make them life changing fortune, people enjoy it. Along the way, they might make some money. Of course, there are also a lot of people who get on to this journey with the primary goal of making it big. We should not look at the "side-effects" and think that is the cause.

1 comments

You're right in that I made the mistake by not responding to the original prompt of the thread, it was specifically directed at entrepreneurs, so I shouldn't have answered with a passive wealth building strategy. I totally took it off topic, like if a diabetic asked how to manage diabetes, I essentially answered that if you don't have diabetes, you don't have to worry about it.

I more latched onto the time and succeed part, that's why I answered at all.

But, I never said that entrepreneurship is only about money, or that it can be replaced, I simply shared a way to succeed in life, which I think is cool.

There is something to be said for wealth equaling success, however. If happiness is success and wealth buys happiness, which it does[1], then wealth is success, in my book. Success is relative, for someone, they could be poor and unhappy, but have lots of kids and think that's what success means. I think it's about happiness in life.

I think it's cool that people can succeed(gain happiness from not worrying about finance, among other benefits of wealth) even without taking on all that risk and burden of entrepreneurship.

I definitely respect people building things. I was just sharing my personal path.

[1] https://www.forbes.com/sites/johnjennings/2024/02/12/money-b...

PS: It seems I started a trend of "entrepreneur" being capitalized, whoops :)