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https://warpcast.com/~/channel/higher
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@juli
Watched a few of his vids in the past. What I like about this one is Reid Hoffman talking about playing 10y games instead of 1y & short-term revenues - which most others play > Linkedin: Build the network and the business will be built on top of it We can directly translate this for higher but we can also conclude: "When everyone focuses on 5min charts, raising VC funds or building unprofitable businesses, maybe it's worth to do something different." https://www.youtube.com/watch?v=q8u9vs2xjg4
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@juli
Also interesting that he became a billionaire at 38 and that his net worth is estimted to be around 3B. I feel there's quite a few different ways to get to that range today (without building a top 5 social network)
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Supertaster.degen.eth 🎩
@supertaster.eth
Let me know when you find out how 😅
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@juli
Step 1: Get a good capital base 1. marry 2. inherit 3. sell a business 4. have a top income (big tech, corporate or as athlete) 5. grow multiple income streams (sidebusiness, co-invests, etc.) Step 2: Invest well, (use leverage,) and compound 1. Trading 2. Angel Invests 3. Buy real estate with self-paying bank loans 4. sell bigger business (with higher ownership) ... Obviously - you need 1 key skill (tech/business building, investing, networking, ...) - the earlier you get a good capital base, the faster you can compound - leverage comes with risk in most cases (especially financial leverage) - some "strategies" are more accessible/reproduceable than others - you need to want B$ really hard and keep pushing/compounding instead of taking it easy at some point (which is fair too)
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