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MTF's Business Journal
EXECUTIONLol I originally wrote out a longer post but then deleted stuff because I figured it was too obvious and you'd get my message. I should have just posted the long version. I did not say anyone could be ultra-successful at anything. If you're 5'10" you're never going to play in the NBA. But...- 403burnout
- Post #42
- Forum: Process and Execution
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MTF's Business Journal
EXECUTIONThis is objectively not true and a limiting belief. If you're capable of starting a self-publishing business and learning multiple languages, you're clearly above whatever the "intelligence threshold" is that you can learn pretty much whatever skill you want, provided that you will put your...- 403burnout
- Post #23
- Forum: Process and Execution
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How would you turn a $400k–$500k inheritance into $2.5M+ within 10 years?
INVESTING QUESTIONGo buy $600k of VOO and pretend that the money doesn't exist. $600k at 10% rate of return will become ~$5M in about 22 years. Starting at age 56 you can enjoy 4% withdrawals of around $200k per year. That's about as close to a guarantee as you can get. There's a reason so many people in this...- 403burnout
- Post #22
- Forum: General Business Discussion
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Stock Market Discussion, Chat About the Latest Market Action
HOT! CHATI can't tell if this is a joke/troll or you're actually crapping on a stock that is up 98% in the last year.- 403burnout
- Post #2,063
- Forum: Investing, Crypto, Personal Finance
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The Fastlane Whoop Longevity Group...
HOT! HEALTHUtility / value versus privacy is the trade off you have to make with modern tech products. Although I could see this changing with AI.- 403burnout
- Post #101
- Forum: Health and Fitness
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Random Chat, Thoughts, Posts, and/or Rants Thread
HOT! CHATGood grief the comments on that video are toxic.- 403burnout
- Post #29,607
- Forum: Off-Topic Threads
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How do youtube channels like 'Upflip' really work?
CHAT QUESTIONPretty sure I have them blocked on Youtube now because they were constantly popping up in my feed and it was annoying. I have no doubt that some of the stories are legit and people are making money. But I watched one or two videos and found them to be clickbait with almost no value given.- 403burnout
- Post #4
- Forum: Business Models, Niches, Industries
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Did A Stable Career Kill My Entrepreneurial Drive?
MINDSETSure, the 18 year old pursuing the cleaning business very likely has a higher net worth. And of course a business owner making $150k / yr is better than a salaried person making the same due to asymmetric upside, ability to make an exit sale, etc. You don't need to sell me on the virtues of...- 403burnout
- Post #45
- Forum: Mindset and Self-Development
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Did A Stable Career Kill My Entrepreneurial Drive?
MINDSETIf you're talking about actual top of the food chain jobs like C-level positions at F500 companies where the compensation is millions of dollars annually, I agree. I have little doubt that Tim Cook could start a multimillion dollar home services company if that was his driving goal. But I...- 403burnout
- Post #41
- Forum: Mindset and Self-Development
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How would you turn a $400k–$500k inheritance into $2.5M+ within 10 years?
INVESTING QUESTIONThat sounds like a tremendous way to piss away a sizable inheritance. From the sounds of this you don't have a business. I'm also going to assume you aren't currently making a lot of money if you are doing Ubereats. For 99% of people who aren't making a lot of money and come into ~$400k, it...- 403burnout
- Post #10
- Forum: General Business Discussion
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Did A Stable Career Kill My Entrepreneurial Drive?
MINDSETUnfortunately yes, I can relate to some of this. Well, not the part about liking your job. The dislike of the Slowlane 9-5 remains a motivator for me. But I find it harder to get encouraged, even when there is progress. I started a new venture towards the end of last year, and it is now...- 403burnout
- Post #5
- Forum: Mindset and Self-Development
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Random Chat, Thoughts, Posts, and/or Rants Thread
HOT! CHATI just watched your 2nd youtube video this morning so the terminology is fresh in my mind. ;)- 403burnout
- Post #29,534
- Forum: Off-Topic Threads
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Random Chat, Thoughts, Posts, and/or Rants Thread
HOT! CHATFiancee used to work at a spa and would watch people regularly Doordash Taco Bell for ~$30/day. These were people who were making ~$100 each shift before taxes, and it was a routine occurrence to take 1/3 of that earned income and spend it on 40-minute-old soggy fast food. Packing lunch isn't...- 403burnout
- Post #29,531
- Forum: Off-Topic Threads
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College vs skilled trades. What is your take?
QUESTIONThere's not a one-size-fits all answer. Most of the time when people knock college degrees, they are stereotyping them as some underemployed theater major with $100,000 in loan debt. It's a lot easier to punch down on that than the guy who gets a degree in engineering from a state school and...- 403burnout
- Post #18
- Forum: General Business Discussion
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Why you should buy a home as early as possible.
GOLD! HOT! ASSERTIONI don't think this is universally true. Just as I don't think "buy a home no matter what" is universally true. If you live in a small town in Mississippi, sure. Buying a home will severely limit your opportunities to work in tech, and you need to go be where the action is. If you own a home...- 403burnout
- Post #234
- Forum: General Business Discussion
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Would you have read the Millionaire Fastlane if MJ didn't write it?
MARKETINGI answered "I don't know". This seems like a chicken and egg situation. Like everyone else has said, I had never heard of MJ or limos.com when I came across the book in my Amazon recommendations. I read the description and it sounded interesting, and I read some very positive reviews, so I...- 403burnout
- Post #16
- Forum: General Business Discussion
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The Opportunity of GTA 6
SIDE HUSTLEI don't think @Antifragile is trying to say there are zero opportunities in entertainment / media. But you still need to be solving a problem. There needs to be an unmet need in the marketplace. It comes back to the question of what problem are you solving? GTA 6 will be a big release, yes...- 403burnout
- Post #14
- Forum: Side Hustles, Freelancing, Web Design
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2 Hours of Your Time – Absolutely Worth the Watch!
IDEA BOOKSI'm only about 30 minutes in but really interesting so far. Great find, crazy that it only has 10 views.- 403burnout
- Post #2
- Forum: Books and Educating Yourself
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For those that are making money with AI, what tools are you using?
- AI -Not a direct answer to your question but I've gotten value with using NotebookLM for research on different business ideas. I heard about an idea that interested me on a podcast, so I plugged that in (plus about a dozen other sources of information about the business), and asked lots of...- 403burnout
- Post #7
- Forum: AI for Business Growth, Automation, and Profit
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My idea for a 3D automobile site to easily find any part
IDEALove the idea. As a car enthusiast /DIYer this would be very helpful. I have a lot of experience with BMWs and use RealOEM a ton, but these are only parts diagrams, not full 3d models. I think your struggle would be getting databases of OEM information. When I work on non-BMWs and can't use...- 403burnout
- Post #2
- Forum: Ideas, Concept Feedback
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