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đź’¸ The Money Problem
Neil Thanedar
June 14, 2022
Hi, this is Neil Thanedar!
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3,000+ people read my last post Y Combinator for Mittelstands!
My latest post, The Money Problem, is summarized below:
The Money Problem
What would you be doing if money wasn’t an issue? Why aren’t you doing this now?
Everyone has a number where they'd be financially "free".
The gap between this number and your current wealth is your money problem.
Most people would quit if they had $100K+ to cover their next 1-2 years.
This is Personal Capital.
Many people need $10K or less to start their passion project.
See: Emergent Ventures
Too many of the world’s smartest people are stuck running a money-maximizing function.
In the 1990s, it was Goldman Sachs. Now it’s Facebook.
“The best minds of my generation are thinking about how to make people click ads.” — Jeff Hammerbacher
We wanted to feed the world. Instead we got free two-day shipping.
Humans inflated their definition of “necessities” faster than their incomes.
Now we’re even less likely to get leisure and retirement than our grandparents.
What if these people were all solving The World’s Biggest Problems instead?
“One of the most valuable things you can do with your time and with your life” is to raise others’ aspirations. — Tyler Cowen
Here's the whole post:
What would you be doing if money wasn’t an issue? Why aren’t you doing that now? This is your money problem.
The World's Biggest Problems is Growing!
Money is Problem #1 on my list of The World's Biggest Problems.
I've rearranged some of the top problems and solutions on my list by popular demand.
Now it's easy for me to list The World's Biggest Problems: Money, Ambition, Access, Attention, Abundance, etc.
What do you think is The World's Biggest Problem? Reply to this email and tell me your answer!
These are my rankings of the world's top 20 problems and 100 potential solutions. I'm writing one post on every idea. This'll be a book when it's all done!
Welcome to My New Subscribers!
I got 20+ new subscribers since my last email!
If you’re new here, start by checking out my list of ideas.
My biggest idea is The World’s Biggest Problems, which I’m turning into a book now.
If you’re just getting to know me, here’s what I’m working on:
Creating a startup studio, Utopic, to rapidly launch and acquire businesses with Mittelstand potential.
Exploring ways to fund more pre-Mittelstand businesses with my Y Combinator for Mittelstands.
Here’s what’s new with me:
I’m raising a community round for my startup Labdoor now.
I’m still adding new solutions to the World’s Biggest Problems!