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[Ether_Snake]

So I see myself with two options:

1- I keep saving money and get a loan to buy a house and keep making the kind of money I'm making.

2- I keep saving money and get a loan to start a business instead and hopefully end up making more money.

 

[Takao]

friday night it's time to party, drop it down and get real naughty. girls talk shit, but we don't care we'll take off our underwear.

 

[Drkirby]

What kind of business would you want to start?

 

[Ether_Snake]

Like I said I would only see myself opening up a game development studio of some sort since it's the industry I work in, the one in which I have contacts, and developed skills, etc. But in this sector everything can change very fast so it complicates things.

 

[opticalmace]

Like I said I would only see myself opening up a game development studio of some sort since it's the industry I work in, the one in which I have contacts, and developed skills, etc. But in this sector everything can change very fast so it complicates things.

I'm pretty sure that's a bad business to get into if you're just trying to get rich.

 

[Ether_Snake]

I'm pretty sure that's a bad business to get into if you're just trying to get rich.

Ok I'll make flying vacuum cleaners!

Screw this, I'm off to bed.

 

[TL4E]

I'm pretty sure that's a bad business to get into if you're just trying to get rich.

Yeah, even if your independent studio strikes oil with something like World of Goo, you still won't get all that rich. :lol

 

[Drkirby]

Like I said I would only see myself opening up a game development studio of some sort since it's the industry I work in, the one in which I have contacts, and developed skills, etc. But in this sector everything can change very fast so it complicates things.

How about you make a small game and sell it on Steam? Give Episodic content a try, see if you can somehow manage something like free monthly updates for a year to a single player game, or get small weekly pay updates that are $.25-$.50 each.

 

[Mana Sin]

I want to be rich too.

 

[Slavik81]

"millionaire" also refers to a certain lifestyle. even if you DO retire with 2 or 3 million in your 401K or IRA at 60, that money (and the interest it generates) needs to last you for the rest of your life. you're not going to be buying boats and mansions on that.

You can't live a 'millionaire lifestyle' on a million dollars. A nice house with a view costs more than a million just by itself, let alone a mansion.

Ten or fifteen million and you might be able to afford that kind of thing.

 

[opticalmace]

Ok I'll make flying vacuum cleaners!

Screw this, I'm off to bed.

Yes, that is a reasonable response...

 

[luoapp]

I think OP just got a Minecraft fever or some Crazy bird flu variant, he will be okay in 1 week, with or without medicine, but I did hear Aspirin helps.

 

[Wellington]

I've thought about this a lot. Anything I've ever wanted that I dedicate any kind of time, energy, and passion to I've been able to acquire. The last thing I was gung ho about was buying my house, and after I did that I've been kind of coasting. It's been 2 years as well, I feel like I've wasted my time.

Some good advice in this thread. Really the main idea is persistence. OP have you ever read the book Think and Grow Rich? If not you should, it's right up your alley if this thread is any indication. I won't spoil anything, just please read it.

Look if you just want to be a millionaire and you want to be comfortable, you can do that without hitting the lotto etc if you know your way around your finances. It will take years yes, but living debt free, within your means, making smart investments, you will eventually amass a pretty good fortune.

Personally I think the way to go is to invest in a business, but a lot of times it would be difficult or impossible to do properly.

Even a start-up business that turns out successful means eating shit for about 4-5 years before you start to really make money. Some people can't even wait that out.

Well what about people like me that have a mortgage and shit that has to get paid. Being in the red for a few months, let alone 4-5 years, would be disastrous.

 

[victreeb3l]

anyone with any interests in starting their own business should check out this site: http://mixergy.com/

 

[stldave2]

Work to be happy, not to be rich.

Money 'ain't about shit'.

 

[MWS Natural]

http://www.youtube.com/watch?v=8aRor905cCw

 

[Zilch]

EtherSnake, you're being awfully dumb in this thread.

You act like your only choices are 80k salary or millions. That's not true.

I tell you that there's more money in other branches of commercial art other than videogames and you somehow interpret that as "go make vacuums". If you're a 3d modeler, if you're a texture artist/painter, if you're an after effects/motion graphics animator you can move through the different arms of commercial art easily. The only limitation is that you're apparently a simpleton who has no ambition other than "make video games, make millions, the end".

 

[Zilch]

Also, I'm gonna assume you're in your mid-twenties like I am. LEARN SOME GODDAMN SKILLS. Just cuz you went to school and learned how to, I dunno, model shit in Maya doesn't mean you're a Maya modeler forever. You're young, expand your skillset. Seriously, your excuse that videogames are "all you know" is pathetic. That's not the attitude a millionaire would have.

 

[Nocebo]

I know what kind of games I could make for the iPhone or Android or Facebook that would work, the problem is I have little faith in the game business because it is always changing so your success can be extremely ephemeral.

What's this bullshit? Stop making lame excuses. I guess you haven't understood what working hard means? It doesn't have to mean "work harder and longer at your current job", how about working hard at something aside from your current job in your "free time"? You mentioned the minecraft dude right? Didn't he have a job while making minecraft in his spare time before it turned into such a success?
Also what Zilch said, learn new skills that could turn you a profit on top of your current job. Like playing the stock market for instance.

 

[Slayer-33]

Solve a problem with a simple solution.


Hell it's something that I need to do..

 

[Buckethead]

No. There are tons of talents that the market places no value in

I suppose that's true, you could also make the argument that the market is congested with the old guard/no talents.

 

[ToxicAdam]

Well what about people like me that have a mortgage and shit that has to get paid. Being in the red for a few months, let alone 4-5 years, would be disastrous.

I didn't mean that in a contemptuous way. I meant that people literally can't wait that out because they want to get married/have a family or live comfortably.


That's why (I think) the best time to start a business is in your 20's. You are more likely to make it through the lean years, you are hungrier and if you make a mistake you still have plenty of years left to make up for it.

 

[HappyBivouac]

A big part of what prevents people in developed countries from becoming millionaires is a crushing fear of the uncertain outcome of every action, oftentimes simply a fear of success. This seems to be by and large what leads people into the complacent wage slave lifestyle.

 

[manipulate]

Hey EtherSnake, what do you actually do, anyway?

 

[Nemo]

Simple answer: yes. Capitalism is the shit

Try meeting some millionaires who made their fortune out of nothing and most of them will tell you how easy it is

 

[Dead Man]

Simple answer: yes. Capitalism is the shit

Try meeting some millionaires who made their fortune out of nothing and most of them will tell you how easy it is

Have to find some millionaires

Spoiler

who made their fortune out of nothing

first! :lol

 

[Shanadeus]

Simple answer: yes. Capitalism is the shit

Try meeting some millionaires who made their fortune out of nothing and most of them will tell you how easy it is

Then he should try to meet all the people who failed at making their fortune out of nothing, and they'll warn him of trying to do what they did.

 

[ToxicAdam]

Have to find some millionaires

Spoiler

who made their fortune out of nothing

first! :lol

Plenty of antecdotal stories in this book:

http://www.amazon.com/dp/0671015206/?tag=neogaf0e-20

 

[Razorwind]

Take 112 U.S. dollars and change it to 1 million Indonesian Rupiahs. Done.

Meanwhile, if I go serious with what you are asking..."Can we decide our own wealth?"

Well, you can try, but it is better to change "who we are" than "what we have".

End state is always same for everyone, no matter how rich you are. Ashes to ashes. It is about what you make out of it before time is up. Would you prefer to gain something that you can so easily lose? Or would you want to experience life that none has lived before?

 

[Nexus Zero]

Also, I'm gonna assume you're in your mid-twenties like I am. LEARN SOME GODDAMN SKILLS. Just cuz you went to school and learned how to, I dunno, model shit in Maya doesn't mean you're a Maya modeler forever. You're young, expand your skillset. Seriously, your excuse that videogames are "all you know" is pathetic. That's not the attitude a millionaire would have.

Everything you've said describes the path to the "80K" scenario. We're talking RICH BABY.

Anyway, this is a fantastic book on the subject: http://www.amazon.co.uk/dp/0091912652/

It's by a guy who setup a large publishing firm in the UK, it isn't some shit self-help book and it doesn't give you any ideas, it just gives practical advice about things like ownership. The biggest take-away for me was that to get filthy rich you really have to want it above all else, including friendships, relationships etc. It sounds like a load of hassle to me, but if I ever come up with an idea that I want to execute (most importantly), then I'll be all over it.

 

[Shanadeus]

Also, selling books about becoming rich is a great way of becoming rich.

 

[Wellington]

I didn't mean that in a contemptuous way. I meant that people literally can't wait that out because they want to get married/have a family or live comfortably.


That's why (I think) the best time to start a business is in your 20's. You are more likely to make it through the lean years, you are hungrier and if you make a mistake you still have plenty of years left to make up for it.

Ok well I agree with you in that case. My biggest regret in life is having bought my house. I am tethered down by payments and I put down a huge chunk of money as a downpayment - all of these funds could be going to a business. I am sick of working for someone else. I'm 27 with no wife or kids so if I tried something and failed I wouldn't give a shit. Stupid me.

Been working on trying to find something like a laundromat or gas station that basically runs itself so I can continue working at my job. I don't want to leave my career until I can make enough on a business to support myself, that's the hardest part for me.

 

[Neo C.]

Certainly easier to maintain wealth than grow.

Easier? I somewhat agree, but maintaining itself is fucking difficult.:lol
I've just read an article about US middle class people and how they've lost jobs and dignity. It's awful to see good people crashed so hard because the social care is nearly non-existant.

@topic: I try to invest in stocks, in funds and in family business, though I don't have the goal to be a millionaire. I just want my money to work as hard as possible.

 

[Monocle]

Your best bet is to formulate a long-term goal that is as specific as possible and set a deadline to achieve it. Make it your business to know how rich people with whom you share interests or skills amassed their wealth, and emulate their actions. Commit to making progress every day. If you can't figure out what to do, read books that are relevant to your purpose. Do everything you can to stay motivated.

Edit:

It's called the Law of Attraction, keep thinking about it and it will work, think not do.

I see what you did there. Let me add some advice of my own: Abandon reason. Heed astrology. Eat aluminum.

 

[The Elite]

Two words that have been squished together to make one word - FOREX.

At least that's what google tells me.

Educated gaffers will undoubtedly tell me otherwise.

 

[which1spink]

Solve a problem with a simple solution.

This.

And don't be afraid to solve a problem that doesn't really exist.

 

[TL4E]

This.

And don't be afraid to solve a problem that doesn't really exist.

Pretty much the entire infomercial industry here.

 

[Erebus]

Write a song about how bad you want it.

 

[Zeppu]

You can decide whatever you want.

 

[KevinCow]

Sure. If you're really lucky.

 

[Vagabundo]

Most people won't work with the single minded intensity that it takes to make huge wads of cash.

Most people won't accept that continual failure will litter their path to that wealth.

If you decide that this is what you want then be prepared to make a lot of personal sacrifices. And send me 10% for telling you what to do*.



*this is not a pyramid scheme...

 

[The Elite]

Most people won't work with the single minded intensity that it takes to make huge wads of cash.

Most people won't accept that continual failure will litter their path to that wealth.

If you decide that this is what you want then be prepared to make a lot of personal sacrifices. And send me 10% for telling you what to do*.



*this is not a pyramid scheme...

6 is right. *

*Send me 10% for alleviating your fears regarding his suggestions.

 

[Naked Snake]

anyone with any interests in starting their own business should check out this site: http://mixergy.com/

That's a great site. Thanks for sharing.