I am rich and have no idea what to do
481–490 of 1001 posts
Re: I am rich and have no idea what to do
#482I think that a lot of people with money need to be reminded that having wealth is a social responsibility in itself. If you can live just from passive income maybe you should just gift interesting people the excess money and have them accomplish their goals. Talk to a bunch of people and realize what you want to support. If some of them need 10k to start a business just give it to them. Or, if you want some equity, p…
Bettering your community not only benefits the receiver but also, I strongly believe, one’s own conscious and sense of belonging to said community.
Re: I am rich and have no idea what to do
#483I don’t think his problem is money. I think his problem is his identity (founder of Loom) suddenly disappeared. Now he needs to develop a new identity. This is especially difficult for single founders without kids (in the sense that people with spouse/kids already derive much of their identity from those 2 things). Selling a company isn’t all that different from going through a divorce (in the sense that your identit…
This is spot on. And I think it’s probably the biggest thing he’s going through
However, the money is definitely a big factor as well. Not because of the amount of money, but because of the suddenness that it happened with
In a very short amount of time, he found himself not needing (and realizing also not wanting), to maintain his identity at the time
The money and the suddenness also put him in a situation that is pretty hard to relate to for the vast majority of people
So not only he lost his identity, he also found himself alone (and made it even worse, by pushing people away or ending some relationships)
Re: I am rich and have no idea what to do
#484Not to judge or sound condescending, but it seems like you’re lacking empathy and a community. I know exactly what I’d do in your situation: help others. I live in a small city, and it has some problems and some opportunities. Even lacking funds I still do what I can to help the community around me. Spend some time with people who aren’t all in tech or on the beach and go find some reality. People like elon preaching…
Thank you for saying what I didn't have the patience to say. Although I sincerely worry that empathizing with people like this is a trap. I hate that I have to think this way, but nothing is worse than feeling like a sucker. I only hope I'm elevated above all of this in the afterlife.
What exactly is "people like this"? I thought this was a very genuine account from a regular person who worked hard, made a ton of money from it, and now finds that the money didn't give him the satisfaction he expected. It's honest and, frankly, extremely unsurprising and straightforward.
Re: I am rich and have no idea what to do
#485I think that a lot of people with money need to be reminded that having wealth is a social responsibility in itself. If you can live just from passive income maybe you should just gift interesting people the excess money and have them accomplish their goals. Talk to a bunch of people and realize what you want to support. If some of them need 10k to start a business just give it to them. Or, if you want some equity, p…
To me, the above paragraph reads like: "Having wealth makes you responsible to others, therefore you should do arson." If you manage to help make a powerful machine and then convert some piece of it into liquid value, you are probably good at stuff and whatever responsibility you have to others includes using that alongside the liquid value. And worse, it's not just on you to do what people say they want. You're also…
And I say this as someone who's not even particularly anti-capitalist.
Re: I am rich and have no idea what to do
#486Re: I am rich and have no idea what to do
#487I think that a lot of people with money need to be reminded that having wealth is a social responsibility in itself. If you can live just from passive income maybe you should just gift interesting people the excess money and have them accomplish their goals. Talk to a bunch of people and realize what you want to support. If some of them need 10k to start a business just give it to them. Or, if you want some equity, p…
Human needs purpose in life, does not matter whether it activities for meaningful outcomes, careers, work, family or God, it's in our very nature.
The blog post appeared to me of someone who have achieved mostly what they have aspired to become (rich and freedom from jobs) and at their top apex from their own perspective, however the main dilemma is that after achieving the goals still something important is missing i.e. purpose.
Re: I am rich and have no idea what to do
#488Re: I am rich and have no idea what to do
#489money is not being rich.
Re: I am rich and have no idea what to do
#490Sad how he just goes adventure hopping to try and find meaning. The problem is no matter where you are you are also there. Time to look inward and not outward.