The typical career path of a college graduate is to find a job, impress the bosses, look for career advancement projects, get a promotion, and repeat.
When the above steps don’t work out, or boredom kicks in, the person looks for another job or starts a full-time or part-time business.
The energy level and aggression start dropping as the person progressively moves from their 20s to their 30s to their 40s and later.
Then the questions arise: why am I doing this? Am I able to enjoy life simultaneously? Is my family stable and getting my attention, love, and affection? Am I financially well off in case my skills get obsolete, my health suffers, and or, god forbid, other such outcomes?
If you are among the select few who have made millions and billions, the key question is: What do I do with this wealth? Uncle Sam won’t let me transfer everything to my kids.
Self-made rich people generally find it challenging to spend money since they evaluate the value of the purchases meaningfully. Is this Rolex, Bugatti, or Ferrari worth it? Do I need another faster Porsche if I cannot break speed limits?
I have faced these questions and concluded that it is best to keep doing what you are doing despite the extent of your wealth. The answer lies in Karma. We are here (on Earth) to serve others. More wealth, resources, and experience enable us to serve a larger group of people and make a difference in their lives.
As you wrap up 2024, I wish my network a happy, successful, productive, and satisfying 2025. In the new year, I hope to share ideas on financial freedom, real estate, and healthy living.