DarkTetrad
I am above law enforcement
- Joined
- Oct 29, 2022
- Posts
- 2,027
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When pursuing the venture of moneymaxxing, keep the following in mind:
All moneymaxxing requires specialized focus and investment (whether it be time, energy, and/or money itself):
• What is the cost to enter this investment?
Entry level jobs like MacDonalds are free, but pay minimum wage. Whilst a trucking license takes 6 months about about 3 grand. The lower the cost to enter, the better.
• What is the payout and potential?
MacDonalds payout is low, and potential is also low. Trucking license is higher, and can lead to other opportunities. A common theme of education is “invest now, collect later”.
• What is the probability of success?
All investments have the possibility of being a plunder. MacDonalds probability of success are low to enter, medium to keep. Trucking license depends on your skills and discipline, if you’re good at driving and disciplined success rate is high since a job is guaranteed. An attorney has a lower probability of success but a higher payout rate. And athletes, celebrities, and Social Media stars have such a low probability of success it’s often advised to not even pursue them despite the tremendous payout, even though the last one has no cost to enter. This category is extremely important if cost to enter is high, for example you don’t want a philosophy masters degree since cost to enter is high, the last category is high whilst the payout is NOTHING. Choose investments wisely. Stay away from saturated markets such as entry level jobs or jobs everyone wants to do (every woman wants to be a makeup artist).
• Difficulty and Time required
MacDonalds grows a couple bucks over years. Truckers have the potential to be owner operators and quadruple their income. Doctors can open their own hospitals. All work long shifts, if you open your business you gotta invest more time and energy.
Recap:
•Cost to Enter (lower the better)
•Payout Potential (higher the better)
•Success Rate (higher the better)
•Cost to complete (lower the better)
I have faith in you kings
All moneymaxxing requires specialized focus and investment (whether it be time, energy, and/or money itself):
• What is the cost to enter this investment?
Entry level jobs like MacDonalds are free, but pay minimum wage. Whilst a trucking license takes 6 months about about 3 grand. The lower the cost to enter, the better.
• What is the payout and potential?
MacDonalds payout is low, and potential is also low. Trucking license is higher, and can lead to other opportunities. A common theme of education is “invest now, collect later”.
• What is the probability of success?
All investments have the possibility of being a plunder. MacDonalds probability of success are low to enter, medium to keep. Trucking license depends on your skills and discipline, if you’re good at driving and disciplined success rate is high since a job is guaranteed. An attorney has a lower probability of success but a higher payout rate. And athletes, celebrities, and Social Media stars have such a low probability of success it’s often advised to not even pursue them despite the tremendous payout, even though the last one has no cost to enter. This category is extremely important if cost to enter is high, for example you don’t want a philosophy masters degree since cost to enter is high, the last category is high whilst the payout is NOTHING. Choose investments wisely. Stay away from saturated markets such as entry level jobs or jobs everyone wants to do (every woman wants to be a makeup artist).
• Difficulty and Time required
MacDonalds grows a couple bucks over years. Truckers have the potential to be owner operators and quadruple their income. Doctors can open their own hospitals. All work long shifts, if you open your business you gotta invest more time and energy.
Recap:
•Cost to Enter (lower the better)
•Payout Potential (higher the better)
•Success Rate (higher the better)
•Cost to complete (lower the better)
I have faith in you kings
