tag:blogger.com,1999:blog-5546628488053498901.post9000670902924194910..comments2023-05-12T01:41:35.857-07:00Comments on Polymathophilia: The Fear of the HustleUnknownnoreply@blogger.comBlogger4125tag:blogger.com,1999:blog-5546628488053498901.post-39035965147564756112017-07-04T15:25:10.120-07:002017-07-04T15:25:10.120-07:00Pipe-making, for example. You make quality pipes! ...Pipe-making, for example. You make quality pipes! Why the honk not sell them? You enjoy doing it, you are good at it... do it!<br /><br />It is true: you may not become independently wealthy from pipe-making alone, but that is irrelevant! The point is to make pipes! You hit the nail on the head earlier with the whole "do you trade x time now for a dice-roll for > x time tomorrow?" question. I think this resolves itself once you shift your thinking from "I want to make Y to generate income" to "I just enjoy making Y, and getting better at it, I think I'll spend some time with it", and especially once you factor in the complete uncertainty and unpredictability of the future. <br /><br />In other words, you have time now, today. This is a known quantity. The future remains an unknown, forever and always. Leverage what you have today, and if you happen to have more leverage tomorrow, then of course, leverage that too! But, to bet your time today for a complete uncertainty, rather than leveraging it are two different beasts.Magnetic Bran Flakeshttps://www.blogger.com/profile/16574939535039923295noreply@blogger.comtag:blogger.com,1999:blog-5546628488053498901.post-46550040111770147712017-07-04T14:45:22.743-07:002017-07-04T14:45:22.743-07:00Regarding passive incomes: From what I have been a...Regarding passive incomes: From what I have been able to ascertain thus far in my life, the only reliable passive income comes from the ownership* and leverage of actual capital. If you think about it, a media 'empire', as defined as a set of blogs, vlogs, podcasts, what-have-you, is a fleeting thing in and of itself.<br /><br />The best bloggers, podcasts, and such that I have consumed flow FROM someone who is doing something else anyway. They are usually successful -independently- from the interwebs. <br /><br />In that vain, you may as well follow your nose in this sense. Do what you do BECAUSE you like it, not towards some side purpose. Heck, that's why you are working a day-job in the first place; to have time/money to persue things you are genuinely interested in.<br /><br />-MBF<br /><br />footnotes:<br /><br />*ownership being an altogether different problem. What does it really mean to 'own' something in the USA today? Nevertheless, I have found the default definition of "what you can bolt down and prevent others from unbolting" to be a good heuristic. A web-media empire built on nothing but a fortunate wave of reddit users and youtubers is not very 'boltable', as compared to, say, control of large swaths of land.Magnetic Bran Flakeshttps://www.blogger.com/profile/16574939535039923295noreply@blogger.comtag:blogger.com,1999:blog-5546628488053498901.post-66769938483165726302016-05-18T17:07:00.956-07:002016-05-18T17:07:00.956-07:00This comment has been removed by the author.Iagohttps://www.blogger.com/profile/13395882529883983054noreply@blogger.comtag:blogger.com,1999:blog-5546628488053498901.post-76954888191311210492016-05-18T17:06:53.658-07:002016-05-18T17:06:53.658-07:00There are no certanties, ergo we ought to live as ...There are no certanties, ergo we ought to live as if there are no certainties. From what I have experienced, the "no certainties" rule applies to our minds. One should consider the odds, then work toward a probable good outcome.Iagohttps://www.blogger.com/profile/13395882529883983054noreply@blogger.com