Wait But How?
Video message
❤🔥4🎉2💘1
Wait But How?
Video message
❤4🔥1💘1
Glass Half-What?
There are over a billion people on earth who don’t have access to clean water, and you’re complaining that your Instagram’s not growing?
You’ve just got to be thankful. People just don’t have perspective. It’s really easy to be energized when you actually understand the score. The problem is that people just don’t have a perspective. They don’t understand that it’s impossible to be a human being. Like, it’s impossible, that’s the rarest thing in the world. People are just taking it for granted.
You’re more likely to win the lottery 10 times than be alive. 400 trillion to one — that’s how rare it is to be a human being. Everybody reading this is more likely to get hit by lightning 7 times than to be alive. That’s crazy.
Perspective. And once you see gratitude and opportunity, life is fun. You get to decide if you’re going to dwell and play prevent defense, or if you’re going to see opportunity, be grateful, and go on offense.
I’m grateful for the health and well-being of my family. I’m grateful for the fact that my mother is an amazing parent who was able to reverse-engineer exactly who I was. She watched me be a C and D, sometimes even an F student and allowed me to be the person I wanted to be. I’m so grateful that they allowed me to do what I needed to do instead of getting caught up in the conversation of their contemporaries.
I’m inspired by practicality and reality and the truth, which is that it is ridiculously impossible to become a human being, and I am one. I have other good things going for me as a human being, and I’m just grateful.
You’re dwelling and looking at what you don’t have, versus looking at what you have. There’s nothing you’ll ever accomplish that’s more remarkable than the fact that you have a chance to accomplish something. When you’re so grateful for the add-back, you’re happy. But people dwell about dumb shit.
What’s something most people take for granted? Family time. Your health. Access to clean water. Food on the table. A roof over your head.
We lack gratitude. You understand that, right? I’m trying to get people to practice reframing their perspective. I practice gratitude every day. If I wake up in the morning and nobody I love passed away or came down with a terminal illness, then my day starts off great.
If there were a list that ranked everyone on earth in terms of overall success and happiness, from one to 8.3 billion, where do you think you’d rank?
How to Shift Your Mindset When You're Stuck in Negativity
It gets really cozy to blame perfectionism for not doing it. “Oh, you don’t get it — I’m a perfectionist. That’s why I can’t do this and that. That’s why I’m not starting my X career. I’m a perfectionist.” No, you’re not. You’re cute with your words and you’re using it as an excuse to not do, because you fear failure. You’re not a perfectionist. You’re an avoider.
You don’t have the humility to admit that you’re scared, so you created this really pretty package called perfectionism. You’ve manipulated yourself and others to hide that you’re scared.
I f*cking hate fear. Boy do I hate fear.
It’s really easy to be like, “Well, my life fucked me up.” But you’re 37. You’re 29. You’re 44. Why are you just going to be like, I got f*cked? Like — everyone got f*cked. People just decided that everyone else’s life is perfect. You have no idea what’s going on in someone’s head, or what’s behind those four walls. You think they have it better? What about putting it on yourself?
Just use half that energy. This is why accountability is everything.
Also, people have an obsession to think things are black and white. You’ve just thrown up the white flag and decided to live unhappy, when there are a million modern ways to get out of it. Literally making a playlist of positive songs and just listening to it every morning for an hour can fundamentally shift someone. Just that. Go to Spotify and type in “positive.”
If you want to find positivity, it’s everywhere. There’s just way too much momentum right now of people looking for negativity.
@waitbut | Boost the channel!
There are over a billion people on earth who don’t have access to clean water, and you’re complaining that your Instagram’s not growing?
You’ve just got to be thankful. People just don’t have perspective. It’s really easy to be energized when you actually understand the score. The problem is that people just don’t have a perspective. They don’t understand that it’s impossible to be a human being. Like, it’s impossible, that’s the rarest thing in the world. People are just taking it for granted.
You’re more likely to win the lottery 10 times than be alive. 400 trillion to one — that’s how rare it is to be a human being. Everybody reading this is more likely to get hit by lightning 7 times than to be alive. That’s crazy.
Perspective. And once you see gratitude and opportunity, life is fun. You get to decide if you’re going to dwell and play prevent defense, or if you’re going to see opportunity, be grateful, and go on offense.
I’m grateful for the health and well-being of my family. I’m grateful for the fact that my mother is an amazing parent who was able to reverse-engineer exactly who I was. She watched me be a C and D, sometimes even an F student and allowed me to be the person I wanted to be. I’m so grateful that they allowed me to do what I needed to do instead of getting caught up in the conversation of their contemporaries.
I’m inspired by practicality and reality and the truth, which is that it is ridiculously impossible to become a human being, and I am one. I have other good things going for me as a human being, and I’m just grateful.
You’re dwelling and looking at what you don’t have, versus looking at what you have. There’s nothing you’ll ever accomplish that’s more remarkable than the fact that you have a chance to accomplish something. When you’re so grateful for the add-back, you’re happy. But people dwell about dumb shit.
What’s something most people take for granted? Family time. Your health. Access to clean water. Food on the table. A roof over your head.
We lack gratitude. You understand that, right? I’m trying to get people to practice reframing their perspective. I practice gratitude every day. If I wake up in the morning and nobody I love passed away or came down with a terminal illness, then my day starts off great.
If there were a list that ranked everyone on earth in terms of overall success and happiness, from one to 8.3 billion, where do you think you’d rank?
How to Shift Your Mindset When You're Stuck in Negativity
It gets really cozy to blame perfectionism for not doing it. “Oh, you don’t get it — I’m a perfectionist. That’s why I can’t do this and that. That’s why I’m not starting my X career. I’m a perfectionist.” No, you’re not. You’re cute with your words and you’re using it as an excuse to not do, because you fear failure. You’re not a perfectionist. You’re an avoider.
You don’t have the humility to admit that you’re scared, so you created this really pretty package called perfectionism. You’ve manipulated yourself and others to hide that you’re scared.
I f*cking hate fear. Boy do I hate fear.
It’s really easy to be like, “Well, my life fucked me up.” But you’re 37. You’re 29. You’re 44. Why are you just going to be like, I got f*cked? Like — everyone got f*cked. People just decided that everyone else’s life is perfect. You have no idea what’s going on in someone’s head, or what’s behind those four walls. You think they have it better? What about putting it on yourself?
Just use half that energy. This is why accountability is everything.
Also, people have an obsession to think things are black and white. You’ve just thrown up the white flag and decided to live unhappy, when there are a million modern ways to get out of it. Literally making a playlist of positive songs and just listening to it every morning for an hour can fundamentally shift someone. Just that. Go to Spotify and type in “positive.”
If you want to find positivity, it’s everywhere. There’s just way too much momentum right now of people looking for negativity.
@waitbut | Boost the channel!
🔥7❤🔥2❤1💯1💘1
Europe is sceptical of AI. Asia is embracing it. The nations most open to AI could be the ones that leapfrog the productivity curve and rewrite the economic rankings. The question isn't whether AI will transform economies. It's which ones will let it?
@waitbut | Boost the channel!
@waitbut | Boost the channel!
🔥2❤1🤔1💘1
There's a physicist at Stanford named Safi Bahcall who modeled a principle called "phase transitions in human networks." When you're stationary, your probability of a lucky event is limited to your existing surface area: the people you already know, the places you already go, the ideas you've already been exposed to. Your opportunity window is fixed.
When you move, your collision rate with new nodes in a network increases nonlinearly. Double your movement (new conversations, new cities, new projects) and your probability of a serendipitous encounter doesn't double. It roughly quadruples. Because each new node connects you to their entire network, not just to them.
Richard Wiseman ran a 10-year study at the University of Hertfordshire tracking self-described "lucky" and "unlucky" people. The single biggest differentiator wasn't IQ, education, or family money. Lucky people scored significantly higher on one trait: openness to experience. They talked to strangers more, varied their routines more, and said yes to invitations at nearly twice the rate.
The "unlucky" group followed the same routes, ate at the same restaurants, and talked to the same 5 people. Their networks were closed loops. No new inputs, no new collisions.
Luck isn't random. Luck is surface area. And surface area is a function of movement.
The lobster emoji is doing more work than most people realize. Lobsters grow by shedding their shell when it gets too tight. The growth requires a period of total vulnerability. No protection, no armor, soft body exposed to the ocean.
That's the cost of movement nobody posts about. You have to be uncomfortable first. The new shell only hardens after you've already moved.
@waitbut | Boost the channel!
When you move, your collision rate with new nodes in a network increases nonlinearly. Double your movement (new conversations, new cities, new projects) and your probability of a serendipitous encounter doesn't double. It roughly quadruples. Because each new node connects you to their entire network, not just to them.
Richard Wiseman ran a 10-year study at the University of Hertfordshire tracking self-described "lucky" and "unlucky" people. The single biggest differentiator wasn't IQ, education, or family money. Lucky people scored significantly higher on one trait: openness to experience. They talked to strangers more, varied their routines more, and said yes to invitations at nearly twice the rate.
The "unlucky" group followed the same routes, ate at the same restaurants, and talked to the same 5 people. Their networks were closed loops. No new inputs, no new collisions.
Luck isn't random. Luck is surface area. And surface area is a function of movement.
The lobster emoji is doing more work than most people realize. Lobsters grow by shedding their shell when it gets too tight. The growth requires a period of total vulnerability. No protection, no armor, soft body exposed to the ocean.
That's the cost of movement nobody posts about. You have to be uncomfortable first. The new shell only hardens after you've already moved.
@waitbut | Boost the channel!
🔥2💘2❤1🏆1
Of all Central Asian countries here Turkmenistan is in worst shape. Mass emigration fuels population decline, horrifically bad governance also pushes. Tajikistan also has very high emigration but a TFR to partially make up for it. KZ has huge ethnic difference in fertility.
Uzbekistan falling fast but from 3.21 so it will likely not converge with KZ until 2028-2030. UZ also has a very decent population size & should just get to 50 million before plateauing. Kyrgyzstan may make it to 10 million before doing the same.
Back to Kazakhstan & the internal fertility differential. The fertility rate of ~3.0 for ethnic Kazakhs (~70% of the population) is roughly 3 times higher than the ~1.0 for ethnic Russians (15% of the population). This is based off of 2025 information from the Bureau of National Statistics of Kazakhstan.
@waitbut | Boost the channel!
Uzbekistan falling fast but from 3.21 so it will likely not converge with KZ until 2028-2030. UZ also has a very decent population size & should just get to 50 million before plateauing. Kyrgyzstan may make it to 10 million before doing the same.
Back to Kazakhstan & the internal fertility differential. The fertility rate of ~3.0 for ethnic Kazakhs (~70% of the population) is roughly 3 times higher than the ~1.0 for ethnic Russians (15% of the population). This is based off of 2025 information from the Bureau of National Statistics of Kazakhstan.
@waitbut | Boost the channel!
🤔3❤2💘2👀1
A historic 1853 map of the Aral Sea. Created based on the 1848–1849 scientific expedition has been made public, offering a rare glimpse into the lake during its most water-rich period in the 19th century.
🌊 Although called a sea, the Aral Sea is actually a lake, and by the 20th century it ranked as the 4th-largest lake in the world.
📜 Historical background
Radiocarbon analysis suggests the Aral Sea formed about 17,600 years ago from melting mountain glaciers.
The lake reached a particularly high-water level in the 2nd half of the 16th century.
The 1st comprehensive scientific study of the Aral region was led by Captain-Lieutenant Aleksey Butakov.
The Aral Sea began shrinking in the 1960s, due to massive water withdrawals from the Amu Darya and Syr Darya for agricultural irrigation, especially cotton production.
In 1989, the lake split into two basins:
The Southern Aral largely turned into the Aralkum desert
The Northern Aral partially stabilized thanks to the Kokaral Dam
@waitbut | Boost the channel!
🌊 Although called a sea, the Aral Sea is actually a lake, and by the 20th century it ranked as the 4th-largest lake in the world.
📜 Historical background
Radiocarbon analysis suggests the Aral Sea formed about 17,600 years ago from melting mountain glaciers.
The lake reached a particularly high-water level in the 2nd half of the 16th century.
The 1st comprehensive scientific study of the Aral region was led by Captain-Lieutenant Aleksey Butakov.
The Aral Sea began shrinking in the 1960s, due to massive water withdrawals from the Amu Darya and Syr Darya for agricultural irrigation, especially cotton production.
In 1989, the lake split into two basins:
The Southern Aral largely turned into the Aralkum desert
The Northern Aral partially stabilized thanks to the Kokaral Dam
@waitbut | Boost the channel!
❤2🔥1💘1
Forwarded from Webster University in Tashkent
Media is too big
VIEW IN TELEGRAM
Proud Alumni: The Journey of Sultan Mavlonov
Today, he stands as a successful manager and one of our successful alumni!
@websteruniversitytashkent
Please open Telegram to view this post
VIEW IN TELEGRAM
❤🔥10⚡4👍2
The United States has more Spanish speakers than Spain and more than any other country except Mexico.
@waitbut | Boost the channel!
@waitbut | Boost the channel!
❤5🤔4💘1
Africa is the only major area of the world above replacement, and not for that much longer either. Oceania is at replacement due to Papua New Guinea having a fertility rate of 3.22 as the other large countries there (Australia & New Zealand) are far below.
@waitbut | Boost the channel!
@waitbut | Boost the channel!
❤3🔥3👀2💘1
Мне кажется, мы научились разрушаться очень красиво.
Раньше человека, который был на грани, было видно сразу: потухший взгляд, нервные срывы, истерики, исчезновения. Теперь всё иначе. Теперь самые сломанные люди приходят вовремя на созвоны, спокойно отвечают в рабочих чатах и не забывают ставить реакции на сообщения коллег.
Современный мир вообще очень любит функциональных людей. Особенно тех, кто продолжает работать в состоянии внутренней катастрофы. Человека с температурой, тревогой и хроническим недосыпом сегодня назовут не измученным, а «надежным». Потому что он всё равно вышел на звонок. Всё равно закрыл задачи. Всё равно не подвел команду.
И в какой-то момент мы перестали замечать разницу между ответственностью и медленным саморазрушением.
Самое жуткое, что у этого состояния появился хороший пиар. Оно выглядит как успех. У него приятный голос, дорогая рубашка и LinkedIn, полный слов «рад сообщить» и «горжусь объявить». Никто не пишет о том, как сидит в туалете офиса и десять минут смотрит в стену перед следующей встречей. Никто не выкладывает фотографию того момента, когда понимает, что уже несколько месяцев не чувствует ничего, кроме усталости.
Мне кажется, мы вообще стали поколением людей, которые больше не мечтают быть счастливыми. Многие хотят только одного — чтобы от них наконец все отстали. Хотя бы ненадолго. Без KPI, без бесконечной продуктивности, без этого вечного восхищения «сильными» людьми.
Потому что сильным почему-то почти никогда не помогают. Им аплодируют.
@waitbut | Boost the channel!
Раньше человека, который был на грани, было видно сразу: потухший взгляд, нервные срывы, истерики, исчезновения. Теперь всё иначе. Теперь самые сломанные люди приходят вовремя на созвоны, спокойно отвечают в рабочих чатах и не забывают ставить реакции на сообщения коллег.
Современный мир вообще очень любит функциональных людей. Особенно тех, кто продолжает работать в состоянии внутренней катастрофы. Человека с температурой, тревогой и хроническим недосыпом сегодня назовут не измученным, а «надежным». Потому что он всё равно вышел на звонок. Всё равно закрыл задачи. Всё равно не подвел команду.
И в какой-то момент мы перестали замечать разницу между ответственностью и медленным саморазрушением.
Самое жуткое, что у этого состояния появился хороший пиар. Оно выглядит как успех. У него приятный голос, дорогая рубашка и LinkedIn, полный слов «рад сообщить» и «горжусь объявить». Никто не пишет о том, как сидит в туалете офиса и десять минут смотрит в стену перед следующей встречей. Никто не выкладывает фотографию того момента, когда понимает, что уже несколько месяцев не чувствует ничего, кроме усталости.
Мне кажется, мы вообще стали поколением людей, которые больше не мечтают быть счастливыми. Многие хотят только одного — чтобы от них наконец все отстали. Хотя бы ненадолго. Без KPI, без бесконечной продуктивности, без этого вечного восхищения «сильными» людьми.
Потому что сильным почему-то почти никогда не помогают. Им аплодируют.
@waitbut | Boost the channel!
❤8💯4🔥2❤🔥1💘1
The right way to think about money? How does it impact your lifestyle.
Conceptually, someone with $9 million vs. $10 million (11.11% difference)? Largely the same despite having a large $1,000,000 nominal spread.
That same $1,000,000 vs. $100,000? Massive difference in lifestyle (900% spread)
One thing you probably noticed reading my posts over time is that I use a ton of percentages. This is because you’re forced to think this way over time. Just because you can make money off something doesn’t mean you should. You don’t see deca-millionaires waiting 1-3 hours for a free ice cream!
Important Concepts
Most people think improvement is linear. Some x = y perfect 1:1 line. Instead the real world is set up with exponentials. Lots of nothing, step function up, lots of nothing, step function up. The same actually applies to money as well. If you do a 20% gain from any wealth level, the lifestyle you have will not change. $10K to $12K? Basically the same. $1M to $1.2M basically the same.
Think about levels instead. Life is extremely similar to a video game.
Someone with $100K is not at the same level as someone with $1M. Similarly, $3M and $1M are completely different. $3M and $8-10M are also completely different. So on and so forth. Arguing about the exact dollar cut off isn’t relevant, it’s the rough percentage change needed to make the next level.
Most financial discussions burn time about the exact number. You should already know your number because it will be based on what type of lifestyle/level you want to retain. If you cannot see yourself spending more than $100K a year, there is no reason for you to aspire for more than $2.5M. Get to $2.5M and anything above that is gravy.
This also means that certain financial strategies are useless. If you want to get to $10M, skipping coffee isn’t a useful comment. If you want to get to $50M you should care more about tax havens than “tax loss harvesting” at the end of the year. On the lower end, if your goal is to get to $2-3M, you definitely don’t need fancy accountants or lawyers (a basic living trust will do just fine).
@waitbut | Boost the channel!
Conceptually, someone with $9 million vs. $10 million (11.11% difference)? Largely the same despite having a large $1,000,000 nominal spread.
That same $1,000,000 vs. $100,000? Massive difference in lifestyle (900% spread)
One thing you probably noticed reading my posts over time is that I use a ton of percentages. This is because you’re forced to think this way over time. Just because you can make money off something doesn’t mean you should. You don’t see deca-millionaires waiting 1-3 hours for a free ice cream!
Important Concepts
Most people think improvement is linear. Some x = y perfect 1:1 line. Instead the real world is set up with exponentials. Lots of nothing, step function up, lots of nothing, step function up. The same actually applies to money as well. If you do a 20% gain from any wealth level, the lifestyle you have will not change. $10K to $12K? Basically the same. $1M to $1.2M basically the same.
Think about levels instead. Life is extremely similar to a video game.
Someone with $100K is not at the same level as someone with $1M. Similarly, $3M and $1M are completely different. $3M and $8-10M are also completely different. So on and so forth. Arguing about the exact dollar cut off isn’t relevant, it’s the rough percentage change needed to make the next level.
Most financial discussions burn time about the exact number. You should already know your number because it will be based on what type of lifestyle/level you want to retain. If you cannot see yourself spending more than $100K a year, there is no reason for you to aspire for more than $2.5M. Get to $2.5M and anything above that is gravy.
This also means that certain financial strategies are useless. If you want to get to $10M, skipping coffee isn’t a useful comment. If you want to get to $50M you should care more about tax havens than “tax loss harvesting” at the end of the year. On the lower end, if your goal is to get to $2-3M, you definitely don’t need fancy accountants or lawyers (a basic living trust will do just fine).
@waitbut | Boost the channel!
❤2🔥1💘1
Income is Never Wealth
Income has absolutely nothing to do with wealth. If you make $1,000,000 a year but spend $999,999 a year, you’re broke. While making money helps create wealth, the point is the same.
“Rich” is defined by how much you could earn if you did nothing. (Spoiler, no one who gets to $5, $10, $20M+ is going to do absolutely nothing - too boring)
Level 1 - Mental Stability: You could survive about 6-9 months without working and without an unemployment check. If you’re below this, you’ve got serious issues. Absolutely all costs should be cut to zero, living in monk mode, getting to stability.
Level 2 - Skill Building Zone - $100,000: At this point you are not going to be homeless. As long as you’re not gambling it all on sports/casinos you’re going to be fine. All focus is on building skills/sources of income. WiFi Money, working an odd job, doing weird side hustles like flipping hot products, so on and so forth. At this point you’re looking to scale something else beyond the paycheck.
Level 3 - Realize Time for Money Doesn’t work - $700,000: We’re not even going to a million. If you’re around this level you already know you will be a millionaire. The main trap to avoid is buying far too much house or keeping up with appearances (draining cash flow).
Level 4 - Typically 2-3 forms of income - $3-4M: At this point you’re financial independence light. You are not rich in any tier 1 city (NYC, Miami, LA, SF etc.). In fact, you won’t feel rich at all. The reason you have low stress is because you *can* decide to move. If your income all drops to zero, you can pack your bags and live a nice life in 100+ different areas (Nevada, Abroad, Carolinas etc.)
Level 5 - Majority Small Biz Owners - $6-8M: This is our first level of actually being “rich”. $7,000,000. We get this number by assuming you have a paid off house (around $4-6M liquid earning about 5% - $200,000-$300,000 without moving a finger). You’re perfectly fine in a Tier 1 city. You’re not the top dog by any means, but you’re set.
Level 6 - Low End Legacy - $15-20M: We’ve stated that $25M is the easy cut off for post economic wealth. Even at $20M, you’re generating $1,000,000+ even with boring government bonds. Absolutely no shot you’re struggling. Not in NYC, not in CA, nowhere.
Level 7 - Power and Influence - $100M+: This is where you have public influence. The exact threshold is impossible to know. That said at $100M you can certainly influence at a local, city and maybe even state level. You move the needle in every single room you walk into (except the illusive billionaire row where you’d likely get invited to the White House at least once).
Level 1: Getting to Mental Stability - 6-9 Months Expenses
This is the only level where FIRE type mentality works. It’s actually a perfect phrase for this segment. FIRE is supposed to mean Financial Independence Retire Early. In our world view it just means fire. Your financial life is quite literally on fire.
If you’re in this camp: 1) no job pays too little, 2) no paid fun is allowed - enjoy the library and the outdoors. Do whatever it takes. Monk mode + trade time for money. You have no other choice.
Level 2: $100,000 - The First “Aha” Moment
Your mentality is to begin converting your income into equity. Read that 100 times if needed. Income needs to be converted into equity.
The second goal is to convert your earning into equity. This second one is reserved more for Level 3 but the idea begins to resonate here.
Cash is just a protective layer. Much like your skin. You just need a small amount of it to run the entire machine.
Trap 1: Most people start upgrading their lifestyle too early. Since they feel safe they think there is no real risk in upgrading immediately. The risk is that they become reliant on someone else. While you’re free to go out a couple times per week, the real risk is in bold italics. By upgrading your spending a bunch, you’re actually handing over your future to a middle aged manager running spread sheets all day. Hint: you’re not family to him.
@waitbut | Boost the channel!
Income has absolutely nothing to do with wealth. If you make $1,000,000 a year but spend $999,999 a year, you’re broke. While making money helps create wealth, the point is the same.
“Rich” is defined by how much you could earn if you did nothing. (Spoiler, no one who gets to $5, $10, $20M+ is going to do absolutely nothing - too boring)
Level 1 - Mental Stability: You could survive about 6-9 months without working and without an unemployment check. If you’re below this, you’ve got serious issues. Absolutely all costs should be cut to zero, living in monk mode, getting to stability.
Level 2 - Skill Building Zone - $100,000: At this point you are not going to be homeless. As long as you’re not gambling it all on sports/casinos you’re going to be fine. All focus is on building skills/sources of income. WiFi Money, working an odd job, doing weird side hustles like flipping hot products, so on and so forth. At this point you’re looking to scale something else beyond the paycheck.
Level 3 - Realize Time for Money Doesn’t work - $700,000: We’re not even going to a million. If you’re around this level you already know you will be a millionaire. The main trap to avoid is buying far too much house or keeping up with appearances (draining cash flow).
Level 4 - Typically 2-3 forms of income - $3-4M: At this point you’re financial independence light. You are not rich in any tier 1 city (NYC, Miami, LA, SF etc.). In fact, you won’t feel rich at all. The reason you have low stress is because you *can* decide to move. If your income all drops to zero, you can pack your bags and live a nice life in 100+ different areas (Nevada, Abroad, Carolinas etc.)
Level 5 - Majority Small Biz Owners - $6-8M: This is our first level of actually being “rich”. $7,000,000. We get this number by assuming you have a paid off house (around $4-6M liquid earning about 5% - $200,000-$300,000 without moving a finger). You’re perfectly fine in a Tier 1 city. You’re not the top dog by any means, but you’re set.
Level 6 - Low End Legacy - $15-20M: We’ve stated that $25M is the easy cut off for post economic wealth. Even at $20M, you’re generating $1,000,000+ even with boring government bonds. Absolutely no shot you’re struggling. Not in NYC, not in CA, nowhere.
Level 7 - Power and Influence - $100M+: This is where you have public influence. The exact threshold is impossible to know. That said at $100M you can certainly influence at a local, city and maybe even state level. You move the needle in every single room you walk into (except the illusive billionaire row where you’d likely get invited to the White House at least once).
Level 1: Getting to Mental Stability - 6-9 Months Expenses
This is the only level where FIRE type mentality works. It’s actually a perfect phrase for this segment. FIRE is supposed to mean Financial Independence Retire Early. In our world view it just means fire. Your financial life is quite literally on fire.
If you’re in this camp: 1) no job pays too little, 2) no paid fun is allowed - enjoy the library and the outdoors. Do whatever it takes. Monk mode + trade time for money. You have no other choice.
Level 2: $100,000 - The First “Aha” Moment
Your mentality is to begin converting your income into equity. Read that 100 times if needed. Income needs to be converted into equity.
The second goal is to convert your earning into equity. This second one is reserved more for Level 3 but the idea begins to resonate here.
Cash is just a protective layer. Much like your skin. You just need a small amount of it to run the entire machine.
Trap 1: Most people start upgrading their lifestyle too early. Since they feel safe they think there is no real risk in upgrading immediately. The risk is that they become reliant on someone else. While you’re free to go out a couple times per week, the real risk is in bold italics. By upgrading your spending a bunch, you’re actually handing over your future to a middle aged manager running spread sheets all day. Hint: you’re not family to him.
@waitbut | Boost the channel!
❤2🔥1💘1