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Lessons learnedExperience excerpt · English

I don't even own a house yet, but I started another company 6 months ago, and this time I have no …

… I don't even own a house yet, but I started another company 6 months ago, and this time I have no business partners to blame and no outside investors. It's all me. Moving to a small town in the middle of nowhere on the other side of the world just makes it more fun, it's life on a higher difficulty setting. I relish the challenge. I could probably rant about this for hours, it's not that we need the money, it's that without it, so much less is possible. We (humans) just achieved fusion, and that machine cost billions. It wasn't a toy. Money is the power to build the future.

Original discussionThe lessons from America’s astonishing economic record497 source comments · at import
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TA

> I will export millions of dollars in products that I produced here, or I will die trying Why? Really. Maybe I’m in a midlife crises but I care about money less and less. I used to get a a lot of satisfaction from the simple fact of seeing the number on my bank account increase. Not so much in the past decade. My computer, phone, speaker, camera and other tech toys are amazing and not that expensive. Great food and beverage are not that hard to come by. A good house is indeed expensive in most of the world, but after that, what does one need that requires “millions of dollars”?

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_H

You're describing so many things wrong with humans as a species, or at least modern humans. We shouldn't change things just because we can. We shouldn't assume that if we're able to extract natural resources its also our right to use them without question until they're completely depleted. Why should we assume that every invention, every technology, everything we call "progress" is actually advancing in a good direction? There's a balance to everything. We wouldn't be human without the ability to invent, to use tools, or to contemplate the future. We need to respect that power though, not lean into the shiny objects and power we can buy with a currency that itself is an entirely man-made system designed to feed a system of taxes and perpetual "growth".

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PA

Rich people become rich by paying other people less than the value of their labour. Sometimes, that's to the net benefit of the community, since the value of the labour involved is increased by a superior process. Often, that is to the net detriment of the community: for example, a landlord. The reality is, the impact of a wealthy person is almost always small, and usually negative-on-net. That's why, in the thousands of historical examples of titanic changes brought about by new ideas or state-level policies, we have so few examples of wealthy people changing things for the better.

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BA

> I know a couple of men in their 50s, one is relatively wealthy (some tens of millions of dollars), and I have often seen him on top of a machine with a wrench in his hand at 6am. Sometimes it's 3am. He starts a new company every year or two and adds it to his holdings. He owns farms and factories, and runs all of them personally. (it baffles me that he has enough time) I know another man who's relatively broke (owns his house, not much else) and says he is too old to try any new ventures. I suspect a large reason for their wealth disparity is their attitude disparity. Or perhaps energy disparity? The guy who serially starts companies and works from 3am in the morning is probably in the 99th percentile in terms of raw energy available to him.

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AN

> We (humans) just achieved fusion There’s no sense in which that statement is true. We’ve been doing fusion for 80 years. What was recently achieved was a small increase in efficiency of fusion. We’re really not all that much closer to being able to use it to generate useful power than the first fusion reactor 65 years ago. We’re still not even close to being able to produce more energy than we used to drive the reactor, and there’s a high probability that this won’t change in another 65 years. > and that machine cost billions. It wasn't a toy. Money is the power to build the future. Not if it’s wasted on impractical ideas like commercial fusion power, or colonizing Mars. Money without intelligence behind it wastes resources and destroys the planet. > you can still win The true cost of this alleged “winning” isn’t measured in money.

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TA

Most interesting people are not in private clubs. A lot are in public forums, virtual or not, such as this. If you're looking for wives that are impressed by monetary success I think you're in for a lot of disappointment, but to each their own.

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