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What no one talks about when running and selling a business

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Re: What no one talks about when running and selling a business

#91

Post by alonmower »

gydfi wrote: post #14

> Material things do not make people happy, at all. Everybody says this, all the time. I would like to propose the controversial theory that actually material things do make people happy, at least within certain constraints. When I was younger I had shitty cheap material things which made me unhappy. Now I have better stuff which makes me happier. I used to have a shitty unairconditioned apartment. That made me unhap…

Most of your examples above point to money == comfort, which I would agree with. I would argue, though, that the line from comfort to happiness is not as direct as most people assume

Re: What no one talks about when running and selling a business

#93

Post by [deleted] »

gozur88 wrote: post #30
gydfi wrote: post #14

> Material things do not make people happy, at all. Everybody says this, all the time. I would like to propose the controversial theory that actually material things do make people happy, at least within certain constraints. When I was younger I had shitty cheap material things which made me unhappy. Now I have better stuff which makes me happier. I used to have a shitty unairconditioned apartment. That made me unhap…

You can be made unhappy by a lack of necessary things, but you reach a point, pretty early on, where additional money doesn't budge the happiness meter.

[deleted]

Re: What no one talks about when running and selling a business

#94

Post by thehardsphere »

edblarney wrote: post #2

"I looked at her “like a little girl” when we were having a conversation." Almost all of the examples of 'having a hard time around other people' amount to their self perceptions not necessarily the authors actions. It's impossible to 'look at someone like a little girl'. It's mostly likely that these people either feel insecure, or, they project certain qualities upon the author. I have a very 'straight face' and be…

>It's impossible to 'look at someone like a little girl'. It's mostly likely that these people either feel insecure, or, they project certain qualities upon the author.

What kind of person ends up surrounded by insecure feeling people like this?

Re: What no one talks about when running and selling a business

#95

Post by phaed »

espeed wrote: post #31
wickawic wrote: post #11

Earlier quoted context omitted.

It is worth noting that you can also find fulfillment in intangible things that are not religiously oriented. Teaching/taking courses, artistic endeavors, and volunteering come to mind.

"Repent" properly translated means metanoia , the journey of changing one's mind, heart, self or way of life. It's the journey that converges towards love and truth. https://en.wikipedia.org/wiki/Metanoia_(theology)

That is quite contrived, off with you!

Re: What no one talks about when running and selling a business

#96

Post by hoodoof »

bobbles wrote: post #77
nebabyte wrote: post #60

Earlier quoted context omitted.

> Brutal truth to the author after having read the article is that he Should probably figure out his own issues before giving advice to other people about how their experiences "will go". (I'm sure some people can relate to the piece, but relating and getting good advice are two different things - if you're looking for the latter, ask someone who at minimum has a good grasp of where their problems truly stemmed from…

>When you roll up to someone’s house in a Tesla, how can they help but assume that you’re just a judgemental asshole? This guy is projecting so hard he could be a movie theatre

>> When you roll up to someone’s house in a Tesla,

So why turn up to someones house in a Tesla if you feel that makes you into a jerkey showoff? Get an ordinary car.

Re: What no one talks about when running and selling a business

#98

Post by [deleted] »

blueyes wrote: post #88

I can't tell if this guy is a jerk or just pretending to be a jerk. But the tone is pitch perfect. Even the title is pure jerky clickbait. Here's a dude who talks about visioning as his main skill, is surprised when small groups of people don't want him to micromanage them, and falls deeper into solitude when he cannot discuss the problems of $400 boots with normal people. My heart bleeds. He should be transmuted int…

[deleted]

Re: What no one talks about when running and selling a business

#99

Post by freddyc »

mehwoot wrote: post #76
bigtunacan wrote: post #54

The whole article comes across as very defensive... here's all these examples of people seeing me as an asshole, but really I'm a nice guy. I try to relate, but it's not my fault I don't understand all of these people that are beneath me while I'm kicking it in my crib with my stone counter tops and $300 jeans. Oh I really love my wife and kid, but... I'm just so unfulfilled. Brutal truth to the author after having r…

Yes, he probably is an asshole. But at least he's self reflecting and attempting to modify his behaviour. That's a good first step. And I continually hurt those around me — just by being myself-and it’s beyond heartbreaking. Somewhere along the way, money truly changed me for the worst. Most assholes don't have that level of reflection so I'm not going to be too harsh

>Most assholes don't have that level of reflection so I'm not going to be too harsh

I think that's what differentiates your run-of-the-mill asshole from a sociopath.

While the author doesn't do a great job at eliciting sympathy (if that was even his goal?), I can imagine the weeks/months/years after an exit can be tough on someone who has invested so much of their personal worth in a single entity. I think certain personality traits thrive in the start-up founder world, but the things that make those people succeed also leave them susceptible to massive emotional lows once the story is over and the dream is realized.

Re: What no one talks about when running and selling a business

#100

Post by geofft »

lend000 wrote: post #65
simonebrunozzi wrote: post #58

Earlier quoted context omitted.

For the ones that don't know: 4% [0] is supposed to be the amount your wealth grows, on average, every year. If you spend at most 4% of it, you end up never eroding it. [0] www.investopedia.com/terms/f/four-percent-rule.asp

To be pedantic, your wealth will erode at the rate of inflation if you spend the exact amount it grows (if you are measuring wealth in dollars, that is). The proper amount is S=G/I where S = spend rate, G = growth rate, I = inflation rate.

The description above is inaccurate: the four percent rule is the amount that will exhaust your principal over the expected length of your retirement. It's also a conservative number, in that over the period of time studied, the principal never ran out for anyone withdrawing 4%. You can often withdraw more.

However, if you're retiring at age 30, the 4% rule is probably way too ambitious (unless you're actively managing your investments).

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