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If You’re So Successful, Why Are You Still Working 70 Hours a Week?

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Re: If You’re So Successful, Why Are You Still Working 70 Hours a Week?

#93
post #22

The only true answer is that out there are 8 billion people waking up every day. And all they do is seeking social relevance, and by doing so they are inadvertedly diluting your own social relevance. There is not a mechanism which allows you to stop working and freeze your social relevance in place as some sort of videogame checkpoint type manner. You stop working and your relevance is eroded away...hell you could ke…

> 8 billion people waking up every day. And all they do is seeking social relevance,

No they don’t. Most of this earth is seeking food and clean water and substance. You’re lucky enough to have that and seek your social relevance

Re: If You’re So Successful, Why Are You Still Working 70 Hours a Week?

#94

Earlier quoted context omitted.

It's debatable then whether you're really successful, no?

No it’s not debatable. They’re living a satisfying life.

Unsuccessful people can live a satisfying life because that's what they can get. It doesnt mean they are living the way they want but the way the think they can

Re: If You’re So Successful, Why Are You Still Working 70 Hours a Week?

#96
post #83

Earlier quoted context omitted.

No it’s not debatable. They’re living a satisfying life.

>I'm spending more time feeling good about work than finding and investing in a hobby that'll make me truly happy. Are they?

Generally, yes. I'm rather successful by my own standards.

Re: If You’re So Successful, Why Are You Still Working 70 Hours a Week?

#97

Earlier quoted context omitted.

Most people don't enjoy working 70 hours a week.

Interesting. A lot of the "so successful" have a TON of help. At the home front things are covered - stay at home wife, cleaners etc. You come home, home cooked meal, wife happy to hang out go on a walk do whatever, kids taken care of. You go to work, you have the parking spot, the assistant with a schedule. Strong managers. Again, these are the "so successful" folks. The 70 hours of work is mostly meetings, strategy…

> You come home, home cooked meal, wife happy to hang out go on a walk do whatever

That also feels outdated. I don't know many people who are happy to sit at home, prepare meals for their absent spouse, and then smile and be happy to do whatever that spouse wants to do when they get home. That feels like an image from the 50s, not 2021.

Re: If You’re So Successful, Why Are You Still Working 70 Hours a Week?

#98
post #61

Wages for professionals, such as law, medicine, tech, finance, consulting, etc., have really ballooned over the past decade, since 2008 especially, even after accounting for student loan debt and inflation. This makes working long hours more attractive, as the financial payoff is so great both in terms of wages but also by investing one's income in rapidly appreciating assets such as stocks and real estate (the post-…

> Putting in long hours in your 20s and 30s to have a massive nest egg that will last you the rest of your life by your 40s seems like a good trade-off. Even amassing 7 figures by your late 20s/30s (very difficult to do reliably, also implies no debt, no adverse life events, etc.), is not remotely enough to make a "comfortable" living for the next ~5 decades of your life.

$1M at 30 without any further contributions will be worth (after inflation) nearly $4M at 50, and nearly $8M at 60.

If you're not "comfortable" spending every single penny you make while your nest egg grows, you have a spending problem.

Re: If You’re So Successful, Why Are You Still Working 70 Hours a Week?

#99
post #59

Earlier quoted context omitted.

Exactly. If society were to fall apart, the number in your bank account will matter very little, if it even exists anymore...

That is highly unlikely - thankfully there is a much more reasonable way to read how important it is to live for today. Nobody intends to be hit by a bus but some people are - make sure you're getting what you want out of life before you get hit by a bus.

Definitely. Planning and saving for the future also has to be weighed against the risk of (you) not making it to that future.

Re: If You’re So Successful, Why Are You Still Working 70 Hours a Week?

#100
post #22

The only true answer is that out there are 8 billion people waking up every day. And all they do is seeking social relevance, and by doing so they are inadvertedly diluting your own social relevance. There is not a mechanism which allows you to stop working and freeze your social relevance in place as some sort of videogame checkpoint type manner. You stop working and your relevance is eroded away...hell you could ke…

no most of those 8 billion are just trying to put food on the table by whatever means - relevance is probably the last thing on their mind - you can't blame people for trying to survive

yes everything in this capitalism dominated world is owned by somebody so even for food to survive, you have to engage in economic activity

yes if you work on problems that nobody needs solved, nobody's gonna solve any of your problems

there is no biggest lie, those at "the top" are simply enjoying the benefits of nature's bountifulness, inheritance, corruption, inability of common people to organise and negotiate for a better life, etc

it's a zero sum game only by design - that common people play partly out of ignorance and partly out of necessity

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