Re:Smart Guy Productivity Pitfalls
by kcplate on Saturday June 17, 2023 @11:06AM
(#36370827)
> Working for a salary does not build wealth
To build wealth you need capital—either to invest or to cover expenses while you pour swear equity into whatever you are building. A salary providing an excess over your expenses can certainly help provide a saved nest egg to make that step.
Otherwise you better have a solid idea and the ability to convince someone with capital to keep you fed and sheltered while you build it…and for that patience and investment they deserve a piece of the pie that you are baking.
To build wealth you need capital—either to invest or to cover expenses while you pour swear equity into whatever you are building. A salary providing an excess over your expenses can certainly help provide a saved nest egg to make that step.
Otherwise you better have a solid idea and the ability to convince someone with capital to keep you fed and sheltered while you build it…and for that patience and investment they deserve a piece of the pie that you are baking.