This may rub people the wrong way

but if you follow the entrepreneurship and VC twitter, and take everything they say about "having a stable job is bad", "college education is useless (it is, but still)", etc., at face value,

you're legit gonna end up broke.
No matter which country you are in, remember that most of these VCs and entrepreneurs, barring a handful of exceptions had their major risks covered, had a cushion to fall back on, had backing from their parents, etc.
If you're quoting someone as an anti-thesis they're most likely an exception.

So remember: Exceptions can't be Examples.

Your best bet is to consider yourself the average case and get a top quality college education (STEM of course, anything arts is useless today).
With enough effort, you can get top quality college education and the certificate and graduate debt free if you do it right and not be the dumbest. There are scholarships and there are assistantships/internships that will pay you enough to settle your loans.
If you pick a field which is basically useless and doesn't have job prospects outside of becoming a professor for that subject in your own alma-mater, then you're an idiot.

If you want to pursue something like that, pursue outside of college in your free time.
Get a degree. Get a job. Outside of the degree, get in-demand skills for secondary source of income.

Get the cashflow rolling. Be super frugal.

First 5 years, invest in additional cashflow sources - properties, business, etc.
Once the investments start paying off, compound the income by investing in dividend paying assets, and put together a portfolio.

Don't make dumb depreciating purchases like a fancy gadget or a car or whatever.
If you do this right, you're most likely going to be financially free before you hit 30.

If you are 30 now, you start now, and do these things, and you'll hit FF in 10 years.
But, if you skip college degree, you will have absolutely NOTHING to fall back on. Most likely your parents will disown you (if you're an Indian) or will get you 4 buffalos to shepherd around (that's what my parents told me when I said I'm quitting college in 2nd year).
Be smart. Most of these VCs came from money, had top quality (sometimes even Ivy League) education, and had parents supporting them. Applicable to most successful entrepreneurs also.

Let's be real. What led them there is not what they are advising us do.
Maybe they are propagating all this shitty advice because they don't want competition at the top.

Just kidding. They may be well meaning, but most of the VCs and Entrepreneurs - at least the successful, live in a bubble.

They have absolutely no clue on what being you is like.
So, don't take their word for it.

Go to school. Go to college. Get a job.

But while in school, work part time or do apprenticeship.

While in college, do internships and pursue a secondary skill (something you like, something that will pay once it reaches maturity).
Don't be dumb enough to go to school and follow only what they say ; and go to college and only do the given assignments.

Go above and beyond and get deep into your focus area, and strive to become an expert.
That is another thing that most of the VC and Entrepreneurship twitter will lead you astray about.

They will shout loudly that "BE A GENERALIST".

But don't listen to them.

First go deep in something and become an expert at it. Then, you can widen your scope.
Being an expert in something will immediately put you on top of the payscale and will get the cash rolling.

Once that happens, you can then start acquiring skills horizontally and become a generalist in other things, and expert at this one thing you did deep work on.

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More from @theBuoyantMan

19 Apr
The aggressive compounding experiment is officially a failure. 😅

As in, I have reached the point of no return/ruin, at about -83% drawdown.

This was due to two predominant mistakes.
The first mistake: for the first 10 odd trades upto like 50% drawdown, I was executing the stoplosses wrongly.

I discovered this only on that big drop one day where bnf went 300+ points in 5m when my system hadn't exited.

Bugs. 😑
Had it not been for that bug, I would still be around 45 to 50% drawdown range.

Second major mistake was oversleeping on that one day and missing that 400point trade.

That would have compensated current losses. That didn't happen. So losses that followed aggravated drawdown.
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18 Apr
NOBODY CARES.

This is the truth.

Everyone's got their own life and their set of problems to deal with.

No one actually thinks about you or your choices, your life decisions, etc., enough to judge you.

So, go do what you want to do, and make yourself satisfied first.
Be unapologetic about not being or doing what other people want you to be/do.

You're not born to measure up to other people's expectations.

Sure, you have to co-habitate with others.

But that doesn't mean you are born to fulfill their wishes or expectations.
Do your best.

Do only what you can.

If you can't do something and that upsets someone, even if it is someone dear, you can be sorry that it upsets them, but you shouldn't ever be sorry you weren't able to do it.

You did your best.
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18 Apr
With the introduction of ARM based processor in Macbooks, Mac minis and eventually Mac pros, @Apple has set itself 10 years ahead in the game, from the competition.
Apple's tight stronghold and control over the developer ecosystem, with strict guidelines on how to develop for the hardware they are putting into their systems, can NEVER be replicated by Microsoft.

Unless @satyanadella upends the windows developer ecosystem and taps github.
Windows as such has a lot of moving components and although Windows 10 as an operating system itself has improved leaps and bounds from the disastrous Vista and Windows 8, it is not quite a match for OSx, especially with the advent of ARM processors in the scene.
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16 Apr
Protip for life:

For 1 year, live like a saadhu. Keep a budget of 1000-2000 max for your food and other expenses. Try to find a way to live well under that. Walk if you can. Take gov bus instead of auto. Do things the hard way.

Eat two or one meal per day. Survive.
Once you do this, no matter where you go in life thereafter, you will always know that you can make 1000-2000 rupees per month, and you can survive with one meal a day.

This will give you confidence to take calculated risks that are otherwise shunned by normal people.
Once you do this, there's no going back. Living out of a backpack and surviving in one or two meals a day is definitely possible.

But once you have done that, you will never be afraid to fail or lose everything.
Read 4 tweets
10 Apr
So, I built a high-performance Ryzen 9 based CPU for 1.8 lakhs.

As many of you have requested for the build spec and the details of the purchase, I thought I'd write about it today.

Time for a thread 👇👇👇
1/ The purpose of this system is purely business driven:

Video editing & rendering, trading, optimization, and eventually some machine learning and data analytics.

I expect the machine to pay 100 times up and above the cost of building it in the next 5 years.
2/ The following is the spec:

i) Ryzen 9 3900x - Rs. 39,300/-
ii) Gigabyte Aorus Pro Wifi - Rs. 24,500/-
iii) Samsung NVME M.2 1TB SSD 970 Evo Plus - Rs. 13,550/-
iv) WD Blue 4TB HDD 5400 RPM - Rs. 7,500/-
v) Gigabyte GEForce RTX 3060 Gaming OC 12GB GPU - Rs. 60,000
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20 Mar
Becoming wealthy and free is often a matter of hard work. But doing it peacefully is a matter of luck.

When you're single: Your parents and how they treat you, how your equation with them is - will largely impact how you do in life.
When you're married:

Your equation with your spouse, her equation with your parents, your equation with her parents, and her parents' equation with your parents and vice versa, all of these things will impact your life.
If you're a man, no matter what happens anywhere, ultimately everything and everyone end up smashing your head only.

So, to be able to work and take pressure/stress at work, it's important to have peace at home.

If that's not available, journey is 10x harder.
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