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Underrated predictor of success: willingness to be low-status

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Re: Underrated predictor of success: willingness to be low-status

#141

Folks in the status professions (banking, law,..) often tell me they want to become an entrepreneur. I always tell them, you wont do it. They attended the right school, joined the right firm, attained that corner office. As a founder they would give up all that, and their family and friends will tell them that they've made a massive mistake, for years, while it appears that nothing is happening. Then they sheepishly…

By reasonable measures of success they are succesful, arent they?

Re: Underrated predictor of success: willingness to be low-status

#142

Folks in the status professions (banking, law,..) often tell me they want to become an entrepreneur. I always tell them, you wont do it. They attended the right school, joined the right firm, attained that corner office. As a founder they would give up all that, and their family and friends will tell them that they've made a massive mistake, for years, while it appears that nothing is happening. Then they sheepishly…

I mean, as a lowly software engineer that just makes a decent income, I won't do it either, for the same reasons.

Re: Underrated predictor of success: willingness to be low-status

#143

Folks in the status professions (banking, law,..) often tell me they want to become an entrepreneur. I always tell them, you wont do it. They attended the right school, joined the right firm, attained that corner office. As a founder they would give up all that, and their family and friends will tell them that they've made a massive mistake, for years, while it appears that nothing is happening. Then they sheepishly…

>> Then they sheepishly admit that this is true.

So even some of the most successful high statis people are caving in to outside pressure to be something other than what they want. Problem is, the benefits of that (money, status, maybe power) are nice thing to have even if they're not your goal.

Re: Underrated predictor of success: willingness to be low-status

#144
post #128
post #118

Earlier quoted context omitted.

> People considered me to be quasi-unemployed On a related note, this is a mindset that I think is probably the biggest blocker to entrepreneurial success (and perhaps happiness?) I have a friend (you know who you are since you’ll probably read this ;) who is by ALL measures a massively successful and brilliant person. Ran his own startup for 10+ years, just had a great exit. And during his post-sale victory lap in w…

I prefer "gainfully unemployed" or "willfully unemployable". Those are the labels I have become comfortable with.

I had a friend once refer to it as “funemployed”. I loved the term, though I still prefer to refer to intentional and willful breaks from employment as sabbaticals.

Re: Underrated predictor of success: willingness to be low-status

#145
post #7

The more-correct observation is that any well-understood or easy path to becoming high status will be shut down. Most people are not high status, and want to be. It follows that the path has to be either risky, or difficult to comprehend. If hard work were enough, we'd all be in charge. Lots of hard workers out there.

Leetcode is becoming the status differentiator for software engineers.

Tell me that's not true.

Re: Underrated predictor of success: willingness to be low-status

#146
post #45

I'm struggling to see the link between status and working on something obscure. Working on something you like (or even having a choice of things to work on at all), even if it's something others find trivial or pointless, still seems like a privilege.

I think in this case, they're using the word "status" to refer more to how people might perceive someone relative to certain societal norms, whereas privilege is more about the basic abilities or advantages someone has because of their "socioeconomic status".

The tweet thread is using the word "status" a little differently than a sociologist might use it when talking about "socioeconomic status".

Re: Underrated predictor of success: willingness to be low-status

#148

Earlier quoted context omitted.

I feel the bitterness as well (31 here). A few observations/tips (that I gave myself): * I've noticed many don't appreciate the bitterness as the bitterness needs to align with their beliefs and people their beliefs are different. If it doesn't align, then all they feel are unpleasant emotions. * Being/feeling bitter is destroying my soul. Don't give into it, I know you have your justifications. I have mine, but ulti…

Similar situation here, I am interpreting (or parsing) all of this as a test to see if I really do love the grind that much.

No need to, to be honest. The grind only goes while you still enjoy what you are doing. Anything else is harming your productivity and well-being, be careful.

Also, development in a sense is a numbers game. You get more experience and try to expand as much as you can, rinse and repeat. Entrepreneurship is only another way, you can make it happen (and many of us did) just being a normal employee.

Re: Underrated predictor of success: willingness to be low-status

#149

Folks in the status professions (banking, law,..) often tell me they want to become an entrepreneur. I always tell them, you wont do it. They attended the right school, joined the right firm, attained that corner office. As a founder they would give up all that, and their family and friends will tell them that they've made a massive mistake, for years, while it appears that nothing is happening. Then they sheepishly…

Arguably a lot of people are driven to be entrepreneurs because of the status.

The issue with the bankers is that they’re trapped in a local maximum.

A successful entrepreneur is probably the highest status role possible in modern society (think Zuckerberg, Bezos, Gates) maybe even rivaling POTUS.

I don’t buy that entrepreneurs are not interested in status, they’re just making a longer term status play (and taking on more financial risk to do so).

Look at “30 under 30” lists, accounts on Twitter and their bios, there’s massive amounts of status seeking there. I suspect the successful low status people are actually the standard devs/IT employees, not founders.

An annoying part of this game is that it’s also high status to pretend you’re low status or that you don’t care about status (hence all the “I’m humbled to accept ”)

Dating is always awkward, doesn’t really matter what you’re doing (except maybe doctor).

Re: Underrated predictor of success: willingness to be low-status

#150
post #7

The more-correct observation is that any well-understood or easy path to becoming high status will be shut down. Most people are not high status, and want to be. It follows that the path has to be either risky, or difficult to comprehend. If hard work were enough, we'd all be in charge. Lots of hard workers out there.

Leetcode is becoming the status differentiator for software engineers.

If by that you mean that Leetcode is busy work, I agree. Personal projects and hobby work are a better sign of potential.
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