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I am done. I give up

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Re: I am done. I give up

#861

Post by jacquesm »

moooo99 wrote: post #769
KETpXDDzR wrote: post #760

Earlier quoted context omitted.

My all time favorite is Robert T. Kiyosaki's book "Poor dad, rich dad". Pretty much everything he teaches about financial success is fiction. In reality he worked a regular 9 to 5 job, failed at starting his own business, and finally made money by selling this book and providing seminars.

I fell into this whole startup hustle bubble a while ago, obviously I also read the book "Rich dad, poor dad". At least I tried, it was bad. Not only was it unrealistic, it also dismissed a whole lot of external factors at play at accumulating such wealth and didn't feel realistic at all. I did not know that he worked regular 9 to 5 and only generated his wealth by providing advice how to build wealth, but its not re…

It made you poorer and him richer though, so from his perspective it's a good book.

Re: I am done. I give up

#862

Post by jacquesm »

bencorman wrote: post #815
ipaddr wrote: post #785

Earlier quoted context omitted.

Pathetic to have different political opinions? Is that where some of us has landed. Anyone speaking against my own views are pathetic worthless and worthy of scorn? Then you wonder why society has divided into culture wars and why so much hate exists in the world.

Watching an unwell person publicly spiral into paranoia and conspiracy-obsession and then calling that a "different political opinion" is a pretty bizarre take.

Possibly not when you share those opinions and are into conspiracy and paranoia yourself. Plenty of people like that, unfortunately.

Re: I am done. I give up

#863

Post by jacquesm »

marcossponton wrote: post #777
KETpXDDzR wrote: post #760

Earlier quoted context omitted.

My all time favorite is Robert T. Kiyosaki's book "Poor dad, rich dad". Pretty much everything he teaches about financial success is fiction. In reality he worked a regular 9 to 5 job, failed at starting his own business, and finally made money by selling this book and providing seminars.

Basically, how VCs works too. And that's why we have to take their feedback carefully.

Yes, definitely. Invariably they're looking out for #1 first.

Re: I am done. I give up

#864

Post by JakeAl »

KETpXDDzR wrote: post #760
moooo99 wrote: post #722

Earlier quoted context omitted.

> This is just startup porn. It’s the same in any category (make money flipping houses!, crypto!, etc.) As a rule of thumb, assume 99% of influencers are full of shit. Stay off instagram. This 100x! Many of the big influencers in these indie/startup/productivity niches seem to earn a lot of money at first sight. If you look deeper, a lot of these influencer seem to be making a lot of money from courses they are selli…

My all time favorite is Robert T. Kiyosaki's book "Poor dad, rich dad". Pretty much everything he teaches about financial success is fiction. In reality he worked a regular 9 to 5 job, failed at starting his own business, and finally made money by selling this book and providing seminars.

The takeaway I got from him was positive. First, start buying real estate and renting. THEN, with that financial security try to build a business of your own if you are motivated. The first part is hard to fail at, and you can do it while working a full time job.

Re: I am done. I give up

#865

Post by templarchamp »

I have vast industry experience. I know lot of problems in different businesses. The challenge I have is putting together a good 2-3 member team. My friends are retired full time workers. If you are interested, DM me.

Re: I am done. I give up

#866

Post by moooo99 »

wingworks wrote: post #795
neop1x wrote: post #731

Earlier quoted context omitted.

This also applies to other fields. People also believe that it is simple to make money through day trading. There are many tiktok influencers and youtubers who portray themselves as millionaires, trading on a beach while digital nomading and giving nonsense advice. Yes, it is possible to make money day trading, but it takes a significant amount of learning, practice, patience, time, and discipline, and even then, the…

biaheza on YouTube makes a bunch of good videos debunking the git rich quick schemes and showing the other side of the coin. https://www.youtube.com/@biaheza

Is he really though? I did view a bunch of his videos and realized the "Dropshipping course" for 294$. I obviously haven't watched the course, but dropshipping is basically one of the most popular "get rich quick schemes" on YouTube aside from daytrading.

Re: I am done. I give up

#867

Post by mnky9800n »

tracker1 wrote: post #699
mnky9800n wrote: post #562

Earlier quoted context omitted.

No. My Norwegian colleagues trust that they will receive healthcare. They trust that their representatives in the government are acting more or less in good faith. They trust that money in the government is going towards protections and services and infrastructure. And if you look around in Norway, you can generally get the feeling that the government is taking care of things. Go to America and it seems like the coun…

Exactly... it's the mono-culture and relatively small population and distances that allow this to work relatively well. If the US actually reverted closer to the original Confederation it was started as, each state could possibly do these things, but as a whole, it's really hard... and becomes ever more divisive... At this point, largely, only corporate interests feeding both sides seem to get anything done.

No it's not. Norway overall is 75% ethnic Norwegian with the rest being immigrants. Oslo the capital is only 50% ethnic Norwegian. It's very strange to me to identify Norway as monoculture. Usually i think the person has never been to Norway when they say that.

Re: I am done. I give up

#868

Post by Jochim »

defrost wrote: post #356
pclmulqdq wrote: post #340

Earlier quoted context omitted.

Their total tax burdens are much higher than US citizens' tax burdens unless you're making 7 figures of W-2 income. The top marginal tax rate kicks in an order of magnitude lower in those countries, and hits most of the middle class. In the US, it hits very few people. Also, the military is 20% of the discretionary budget, but 10% or less of the total budget.

For a full picture factor in outgoings for world class health and education per person (and other benefits that are free | much cheaper than US); these are very low cost for individuals and offset higher taxes by offering better value for money.

"World class" health and education brings you some of the worst maternal mortality rates in the developed world[1]. Doubling Canada's rate and adding a bit more really screams world class.

You do pay out the ass for it though so good job making someone rich I guess? Shame about all the dead babies though[2].

[0] https://www.statista.com/statistics/283221/per-capita-health... [1] https://www.healthsystemtracker.org/chart-collection/quality... [2] https://www.americashealthrankings.org/learn/reports/2019-an...

Re: I am done. I give up

#869

Post by Saulivar »

rapind wrote: post #817
Saulivar wrote: post #811

Earlier quoted context omitted.

[flagged]

When can I buy your ebook?

There is no ebook. But there's my old email sequence I used to have back when I was writing to software developers. Contact me via email if you want me to put you on that list. It's got tons of amazing ideas.

Re: I am done. I give up

#870

Post by ericmcer »

moooo99 wrote: post #722
rapind wrote: post #704

> It's also the constant stream of digital nomad influencers on Twitter who sell extremely distorted, rosy, and often times false dreams to indie entrepreneurs like myself. They make it seem like building a successful startup is easy and anyone can do it with the right mindset and a few key tips. This is just startup porn. It’s the same in any category (make money flipping houses!, crypto!, etc.) As a rule of thumb,…

> This is just startup porn. It’s the same in any category (make money flipping houses!, crypto!, etc.) As a rule of thumb, assume 99% of influencers are full of shit. Stay off instagram. This 100x! Many of the big influencers in these indie/startup/productivity niches seem to earn a lot of money at first sight. If you look deeper, a lot of these influencer seem to be making a lot of money from courses they are selli…

It's the same way many startups make products that they sell to other tech companies.
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