It took me 10 years to learn what I’m about to tell you in 2 min:
1. Real wealth is free time, not a Lambo.
2. Investing in index funds is the slowest way to build wealth
• Gurus preach it because it's easy
• Returns don't factor in currency debasement
• Returns often ignore taxes payable
If you choose this option you guarantee you'll be stuck struggling until 65.
3. Raising money from investors is an art
• Sell them on how they get an ROI
• They don't give a f*ck about ideas
• They buy into ideas that already have traction
• They will laugh if you ask them to sign an NDA
• Statistically you're highly unlikely to raise money
• Expect to talk to at least 100 investors
This is why most people should run a one-person business or work a job.