If you wanted to get rich, how would you do it?
I think your best bet would be to start or join a startup. That's been a reliable way to get rich for hundreds of years.The word "startup" dates from the 1960s, but what happens in one is very similar.
Like all back-of-the-envelope calculations, this one has a lot of wiggle room.
120
I'm not claiming the multiplier is precisely 36, but it is certainly more than 10...
120
Like all back-of-the-envelope calculations, this one has a lot of wiggle room.
120
I'm not claiming the multiplier is precisely 36, but it is certainly more than 10...
120
If you wanted to get rich, how would you do it?
Economically, you can think of a startup as a way to compress your whole working life into a few years.
If you wanted to get rich, how would you do it?
Instead of working at a low intensity for forty years, you work as hard as you possibly can for four.
If you wanted to get rich, how would you do it?
I think your best bet would be to start or join a startup.
If you wanted to get rich, how would you do it?
I think your best bet would be to start or join a startup. That's been a reliable way to get rich for hundreds of years.The word "startup" dates from the 1960s, but what happens in one is very similar.
Lots of people get rich knowing nothing more than that.
7:00 am on Feb 28
Lots of people get rich knowing nothing more than that.
7:00 am on Feb 28
Lots of people get rich knowing nothing more than that.
7:00 am on Feb 28
Lots of people get rich knowing nothing more than that.
7:00 am on Feb 28
Lots of people get rich knowing nothing more than that.
7:00 am on Feb 28
Lots of people get rich knowing nothing more than that.
7:00 am on Feb 28Recent Posts
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Lots of people get rich knowing nothing more than that.
7:00 am on Feb 28 -
Lots of people get rich knowing nothing more than that.
7:00 am on Feb 28 -
Lots of people get rich knowing nothing more than that.
7:00 am on Feb 28
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If you wanted to get rich, how would you do it? Aug 1, 2014 -
If you wanted to get rich, how would you do it? Aug 1, 2014
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If you wanted to get rich, how would you do it? Aug 1, 2014
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If you wanted to get rich, how would you do it? Aug 1, 2014
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If you wanted to get rich, how would you do it? Aug 1, 2014
This pays especially well in technology, where you earn a premium for working fast.
Here is a brief sketch of the economic proposition.
Startups are not magic.
Like all back-of-the-envelope calculations, this one has a lot of wiggle room.
Imagine the stress of working for the Post Office for fifty years.
Lots of people get rich knowing nothing more than that.
If you're a good hacker in your mid twenties, you can get a job paying about $80,000 per year.
They don't change the laws of wealth creation.
I wouldn't try to defend the actual numbers. But I stand by the structure of the calculation.
I think your best bet would be to start or join a startup.
You could probably work twice as many hours as a corporate employee.
Imagine the stress of working for the Post Office for fifty years. In a startup you compress all this stress into three or four years.
This pays especially well in technology, where you earn a premium for working fast.
That's been a reliable way to get rich for hundreds of years.
Like all back-of-the-envelope calculations, this one has a lot of wiggle room.
Three million? How do I get to be a billionaire, like Bill Gates?
If $3 million a year seems high to some people, it will seem low to others.
If you wanted to get rich.
I think your best bet would be to start or join a startup. That's been a reliable way to get rich for hundreds of years.
34515
Startups are not magic.
That's been a reliable way to get rich for hundreds of years.The word "startup" dates from the 1960s, but what happens in one is very similar.
34515
They don't change the laws of wealth creation.
That's been a reliable way to get rich for hundreds of years.The word "startup" dates from the 1960s.
34515
They just represent a point at the far end of the curve.
That's been a reliable way to get rich for hundreds of years.The word "startup" dates from the 1960s.
34515
Jack on I think your best bet would be to start or join a startup. 2 hours
Jack on I think your best bet would be to start or join a startup. 2 hours
Jack on I think your best bet would be to start or join a startup. 2 hours
Jack on I think your best bet would be to start or join a startup. 2 hours
Jack on I think your best bet would be to start or join a startup. 2 hours