Hacker Newsnew | past | comments | ask | show | jobs | submitlogin

True wealth is how long you can maintain your preferred lifestyle without working. While most of us won't become rich [1], we can become wealthier [2]. As Robert Kiyosaki says, most people trade time for money (job) [3]. We are lucky as software entrepreneurs to have the ability to make some money without working (e.g. working for yourself is not scalable but a revenue-generating website can be multiplied - example: http://rejectiontherapy.com)

> But it's important to note that for the rich, most of that income does not come from "working": in 2008, only 19% of the income reported by the 13,480 individuals or families making over $10 million came from wages and salaries. See Norris, 2010, for more details.)

[1] http://www.unschooled.org/2010/11/first-know-thyself/

[2] "Ask HN: Side Projects Gone Big"

http://news.ycombinator.com/item?id=1772224

[3] http://en.wikipedia.org/wiki/Robert_Kiyosaki



Consider applying for YC's Fall 2025 batch! Applications are open till Aug 4

Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact

Search: