this post was submitted on 24 Dec 2024
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[–] [email protected] 10 points 1 day ago* (last edited 1 day ago)

Life is largely about networking. In other words, it is about tribalism. Shape yourself into the person people want in their tribe. Work your way into the tribe you want to belong within.

Meritocracy is the only form of governance that is capable of real growth. This applies everywhere. If the tribe only has role models that are dead, or some excuses as to why they do not look up to people like Nobel laureates, they are stagnant.

There are a lot of people and businesses in the world that are funded as a loss. People that inherit wealth are usually the cause. Never trust such people more than you are forced to. People that inherit wealth are usually incompetent and make poor financial and business decisions. Most are either barely breaking even, or hemorrhaging money but still have more than they can burn. These will go through phases or whims of stupidity where they mistreat those that rely on them. Look for merit.

Never trust anyone that tells you what kind of money they make when they are self employed. They are telling you an exaggeration of what they made on their best single job or day. That is totally irrelevant to their average or worst month.

Never run your own business as a job. If all you can do is live paycheck to paycheck with a business, you've already failed. You will not weather the ups and downs and you have no ability to adapt to a changing world. You absolutely must be able to bank 10%+ above and beyond all overhead and taxes or you will not survive for more than a few years.

Never think about starting a business outright. Do the thing on the side as a hobby while you work at another job. When you are turning down lots of work because you don't have the time, that is when you quit your job and start a business.

Money is cruel. It is the fundamental means of survival, but unfortunately it is also the primary form of human social hierarchical display. This is barbaric, inhumane, primitive behavior. A more socially advanced species will use awards, accolades, and reputation, or performative merit to establish social hierarchy. We all exist in a caste system regardless of how culturally forward or hidden the class divide may seem at first. Keeping these elements of society in mind will help you understand how and why a lot of things happen the way they do, and the kinds of people that may help you.

What ever you do, DO NOT take chances that might get you disabled.