What are some of the biggest mistakes people make while

>>1909893
Refusing to live like they're poor.

A big mistake is deciding "when to stop"

100k? 1 million? 10 million? Most people will aim for 1 million and they don't stay there for very long.

>>1909896
So you're telling me I shouldn't spend 75% of my bank account on a car I don't need when I don't have a stable income?

Buying and selling on emotion.

having some success on a good idea, and then getting greedy and tempted into a bad idea

Not having a plan.

>>1909896
one life live it

>>1909907
Not necessarily even being greedy. Hubris can kick in too.

>>1909912
Two if you're lucky.

File: Indianmemes-1.jpg (71KB, 485x398px) Image search: [Google]

71KB, 485x398px

Thinking it's easy. I dropped out to sell real estate and lost $12 000 and owe my dad $10 000 for the car he bought. I tried to become the next Stephen King and wrote a murder novel and it didn't sell at all. Spent 5 months jobless writing. Tried to be a pro gamer but made no money. Tried to become a YouTuber and only got 12 views. It's not easy to get rich. It requires effort and decades of time. Stay in school. If you're thinking of dropping out don't. Stay in school. I wish I did.

>>1909925
Why u fail real estate

>>1909893
being an employee for life
avoiding debt
not buying a house
not starting businesses
not getting a professional degree
being a brainlet
having no social skills
having no math skills
concentrating on money to the exclusion of life
not taking risks
not failing
failing and then quitting
not working for it
not asking people that have done it for help
doing it for the wrong reasons
fraud

>>1909896

/thread

its fine if u enjoy work

>>1909896
>>1909905
Good advice

>>1909912
Dude you can live like your poor and still be baller. It's called cheap booze and cheap thrills.
Also, let no one con you into thinking that if you're poor you can't get laid.

>>1909893
Deciding at age 50 to "start a business".

>>1909972
It's a lot of work and expenses ate high. Few months in I didn't have enough cash or credit to cover them and had to leave.

File: 45b602cd77694680f7cca19a098d5d98.jpg (122KB, 500x711px) Image search: [Google]

122KB, 500x711px

>>1910236
How is that a bad thing? KFC was created by Sanders when he was 65.

>>1909925
People drop out to pursue their dreams and became rich because of it. Sounds like you dropped out and did everything with the intent of being rich--not a good approach to being a youtuber or pro gamer.

>>1909893

getting married and having kids

>>1909893
Trusting this ETH pump and dump scheme ran by the mods.
Trying to do everything yourself.
Trusting broke retards or other poir people for financial advice (muh 401k, muh stocks, muh buying a home, muh wtf ever...)
Not paying for hand holding. As in, you sac up and buy 45 investments and flail around rather than just pay 6k for a real estate investing class and be thought hard lessons by real investors that have been there...

File: download.png (7KB, 210x241px) Image search: [Google]

7KB, 210x241px

>>1909904
Pffffff.

>>1909925
Just dont give up brother. Go back to school if u want. But i am almost debt free with 2 houses and a 3rd on the way on interest free payments. Broke 50k last year. Dropped out of college 2 times. No regrets man.

>>1910306
I have a feeling that i will be creating businesses as a hobby until i die

>>1910236

>waiting until you are financially secure and stable with plenty of extra capital
>bad

>>1909893
Having a business partner you barely know.

>>1909925
>If you're thinking of dropping out don't. Stay in school. I wish I did.

THIS right here. Most people don't realize that the success stories they see on TV are really one in a million. Over time anyone can become rich with the right attitude to spending and saving. But if you want to become rich quick, then good luck, like literally.

They don't educate themselves

>>1905450