Going from $110k to $24k for more skin in the game

Re:Going from $110k to $24k for more skin in the game by anonymouse008 on Thursday October 07, 2021 @09:28AM (#28785963)

While I agree with your sentiment and am working through this issue myself... the appeal of the entrepreneurial grind goes hand in hand with a lot of religious suffering, or specifically a Christian martyrdom.

Only very recently had a heard a parable that began to challenge the idea that to do deep good, one must materially suffer...

However, I'm no where near cured, and hearing your take definitely helps.

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Re:Going from $110k to $24k for more skin in the game by dfxm12 on Thursday October 07, 2021 @10:29AM (#28786727)

I do think the idea of redemptive suffering unfortunately permeates (at least) American society too much. If someone else wants to suffer that's OK, but I feel like it's baked into every day life too much and suffering just for suffering's sake is confused with being moral or working hard. I guess that's expected from a country founded by puritans though!

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Re:Going from $110k to $24k for more skin in the game by pirate787 on Thursday October 07, 2021 @09:46AM (#28786164)

Yeah the author seems to think going to a poverty wage will help him focus.

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Re:Going from $110k to $24k for more skin in the game by danjac on Thursday October 07, 2021 @09:58AM (#28786319)

Unless they have significant savings and/or some passive income, or they don't have family and can live with their parents or adopt a very frugal lifestyle, they will find their focus distracted by worries over everyday things like rent and bills. They are more likely to make poor short-term decisions, or have to supplement their income to do things like consulting or part-time work, to literally keep the lights on.

As an investor I'd be very concerned by this move.

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