@Kevin88660 Moving our discussion here to a new thread so we don't hijack Johnny's thread.
The rest of your post doesn't make sense to me. You said you aren't approaching this from a status seeking angle, and then proceeded to describe status seeking, social climbing behaviour, and end with the idea that a male Taylor Swift would be excited to marry her sister, even if it's not a good choice.
Status is a zero-sum game. It's about who's number 1, who's number 2, etc. To win at the status game, you have to put somebody else down. If you try to create wealth, you will likely be attacked by those playing status games instead. There's a difference between being excited to meet your role model because you look up to them vs. feeling like a superior person because you got to meet them, or because you married their sister. If it's internal validation you seek, then your own actions and results should be plenty rewarding for you. Reading a book written by your role-model should feel great too. You do have an internal sense of your status and you work to meet that sense, so status perception can certainly come from within. Even if you receive no external feedback, you can feel a boost in status by putting someone else down who you perceive as a competitor.
What you've described to me is anti-rational behaviour. The idea that someone would shackle themselves for life to the wrong partner simply because they are fans of their sister... Sounds like hell to me.
Working with boomers to take over their businesses seems fine. I've heard of that strategy being a good idea for younger people because many boomers want to get out of businesses, and they own the majority of businesses. Their businesses are often quite successful, but not "sexy". Stuff like elevator repair or carpet cleaning businesses. There's so little demand for people to buy their businesses that they might even be open to owner financing, or you buying the business and paying them back from its profits over the next ~7 years, allowing them to retire and travel with some passive income from your payments.Well definitely not necessary. Agree here.
It’s also not my intention to come from a status seeking angle.
Probably I would say working with boomers is my more preferred modus operandi and I see them as an “underserved market” in terms of tapping into their network and resources to create mutual value.
I worked with boomers a lot to take over their book of businesses. I provide the IT related assistance and digital edge in return for their book of businesses that their children are not interested. That’s a totally different topic.
Whereas people of the same generation tend to have similar strength and weakness. The possibility for mutually winning exchange of value is much lower.
Emotionally it’s also kind of seeking internal validation rather than external validation for me. Status seeking usually refers to seeking external validation. If you play basketball naturally you care about Lebron James. If you sing everyday naturally you are excited about meeting Taylor Swift. If you read business and money topics as a hobby naturally you will be very excited about meeting a billionaire. It is really not about the mansions, fast cars and private jets.
I am sure many Taylor Swift’s male fans will be very excited about the prospect of marrying her sister, even though it might not be a good choice.
The rest of your post doesn't make sense to me. You said you aren't approaching this from a status seeking angle, and then proceeded to describe status seeking, social climbing behaviour, and end with the idea that a male Taylor Swift would be excited to marry her sister, even if it's not a good choice.
Status is a zero-sum game. It's about who's number 1, who's number 2, etc. To win at the status game, you have to put somebody else down. If you try to create wealth, you will likely be attacked by those playing status games instead. There's a difference between being excited to meet your role model because you look up to them vs. feeling like a superior person because you got to meet them, or because you married their sister. If it's internal validation you seek, then your own actions and results should be plenty rewarding for you. Reading a book written by your role-model should feel great too. You do have an internal sense of your status and you work to meet that sense, so status perception can certainly come from within. Even if you receive no external feedback, you can feel a boost in status by putting someone else down who you perceive as a competitor.
What you've described to me is anti-rational behaviour. The idea that someone would shackle themselves for life to the wrong partner simply because they are fans of their sister... Sounds like hell to me.
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