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Do you have to give up your social life to become rich?

Topics relating to managing people and relationships

Niptuck MD

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according to some extreme cases in "deep work" yes; ultimately so; there are too many distractions and if you are trying to be ELITE and above the rest, this sacrifice may as well be made for the benefit of your goals
 

luniac

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I went out to some meetups the other day.

There was one entrepreneur meetup group where it was extremely friendly and welcoming.

Regulars who discussed business and daily life candidly like long-life friends.
They weren't afraid to share tales of hardships and opportunity freely, without fear of competition or backstabbing.

There was a lady who had just sold a business and is now in the education field, selling special programs to private international schools globally.

There was another guy who was developing a hotel app for China. He offered me a spot to help him run a clipart side biz he had as a hobby. I think he forgot about it as he hasn't sent me further details yet.

I don't think that entrepreneurship should be as lonely as we think it is. It is still very much a significant part of the working world, providing goods and services to a lot of people. And for that, we will always need, and rely on people who can help us, be it in giving services or good-old human support.

of course, I know a single few who are on the same wavelength as me or at least aspiring to it, I keep them in my thoughts.
 

SchenkFinancial

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J.P. Morgan was married to his wife Frances when he founded his investment bank. Sam Walton was married to his wife Helen when he founded his retail corporation.

Being married doesn’t seem to stand in the way of financial success, partying might be another story.
 
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TheGreek

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Being lonely for a while is not the worst thing in the world. Giving up your dreams is terrible. If you change your lifestyle overnight, it will be a lonely period for you. However, you will meet people with similar habits and needs with you in the future.
 

LordGanon

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The transition only seems hard when you're in university. It's actually comparable to having kids.

A lot of my friends who had kids suddenly couldn't go out partying anymore, couldn't hang out with their friends anymore, couldn't invest as much time in their hobbies anymore...because their life began to revolve around kids.

Kinda hurts when you're the last one without children. Because all the socializing will revolve around the kids. You'll become friends with other parents from daycare, school, so both parties can focus on what takes up their time: Children.

It's the same when having a business. You've got a lot more work to do, just like if you had kids. But you'll simply start socializing with different people. Having lunch with other entrepreneurs, attend workshops and fairs with them, go to political gatherings together...

You don't necessarily socialize less. The context and people will become different.
 

juturna

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I've met a guy who did that, so I believe it's something you might have to consider.
 

James Thornton

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It takes a lot of work up front to achieve freedom.

You can either make time for it or be a life long employee with 5:2 work/life balance. Just ask my 75 year old dad who's still on the clock when he should be on a golf course.
 
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juturna

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It's the hardest thing to do in life, but it's F*cking worth it for sure.
Money over anything.
 
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juturna

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ive nightclubbed only 3 times as a regular person, now im working hard so i can go nightclubbing as a rich person.

1 night rich clubbing > 10000000 nights regular clubbing
it's best to do it that way man! go all out in one night than going out barely any every night.
 

fastlanedoll

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The thing is, if you want it badly enough, it won't even FEEL like sacrifice. Which is how I feel.
You know how they say "happiness is when your actions are in line with ambitions" or something close. You just feel you're getting closer and closer to your goals without having to go out and 'socialize', and you're happy because of it if that makes sense.
But then what do I know, I never had much of a social life anyway.
 

Xeon

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Girls that previously would have crossed the street to avoid me began to fight over who was going out with me, and they approached me.

This needs to be memorialized and engraved on a gold plate and hung up for all to see.
 

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