>As for the paid advocacy, have a look at their financials. You'll see a non-trivial amount of income from advertising on the website and speaking.
Because as we all know MMM's plan was always
1. Spend 20's saving 2. Save $600k 3. Quit job 4. Make blog 5. Make millions.
Yes, MMM makes bunches and bunches of money but he is pretty blatant about admitting the "early retirement" was a lie.
He never wanted to retire. He just wanted the option to not work and choose to work on what he wanted.
Re:How to get rich without getting lucky
by CompelTechnic on Friday June 01, 2018 @12:21PM
(#17206904)
He went into the house building business with one other business partner. This partner generally failed to meet his end of the obligations, and MMM took a big loss in the process. Getting the house out of the business was not a big win, it was merely a partial recoup of his own invested capital.
>> You'll see a non-trivial amount of income from advertising on the website and speaking
Fuck the modern web. Such a bunch of crap.
Someone needs to build a search engine for sites that don't carry any form of advertisement. charge subscription. seems worthy.
Re:How to get rich without getting lucky
by hfdgiutdryg on Friday June 01, 2018 @12:27PM
(#17206979)
Micropayments were going to be the wave of the future back around 2000. It never happened. People want intangible stuff for what they perceive as free.
Not micropayments. just small subscription fees for that specialized search engine(or maybe even that isn't necessary).
But i want to read content from people just wanting to write, without perverse incentives, as much as possible.
Re:How to get rich without getting lucky
by nostrademons on Friday June 01, 2018 @02:13PM
(#17208312)
They're the wave of the future today, just in cryptocurrency form. See eg. Brave & BAT.
As for the paid advocacy, have a look at their financials. You'll see a non-trivial amount of income from advertising on the website and speaking.
EDIT: The house wasn't inherited - he got it from a failed house building business. It's unclear if the costs of building came out of the business funds or his own funds.
> I'm skeptical that being frugal implies some kind of deprivation or overwork.
OP was advocating working multiple jobs and living frugally.