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Showing posts with the label Startups

If You Want to Be Rich, Don't Be an Entrepreneur

  So you want to be rich. Welcome to the club – current membership: everyone with a pulse and an Instagram account. And in your quest for wealth, you've probably been bombarded with ads from some guy in a rented Lamborghini telling you that "entrepreneurship is the only path to true financial freedom." Let me save you a few years and potentially your life savings: if getting rich is your primary goal, entrepreneurship might be the most idiotic path you could choose. That statement probably just made half of you close this tab in disgust while the other half leaned in closer. Good. Let's talk to the people still reading, the ones who value uncomfortable truths over comfortable fantasies. I've spent years watching friends launch startups, build small businesses, and chase entrepreneurial dreams. Some succeeded wildly. Many more failed spectacularly. And through it all, I've noticed a strange paradox: those who became entrepreneurs specifically to get rich almost...