I started young
If only somebody would do this research. Oh, wait. Also, 7 other things worth your time.
It is a truth universally acknowledged that if you weren’t born into money in America, the only quasi-reliable path to significant wealth is to find a way to own the company.
A couple of days ago, I wrote a newsletter about my theory that some part of the disappearing workforce (the folks who quit jobs, supposedly with no other plan and nothing lined up)—and especially the younger workers among them—might actually be hacking their way into side hustles and entrepreneurship to make up for the lost income.
Maybe they’ll be successful, maybe they won’t. It certainly doesn’t account for everyone. But, these are the kind of career-switches that might not show up immediately in the Department of Labor statistics.
If it’s true, it strikes me as a fundamental mindset switch—one that might bode well for the next generation.
Now, I thought about two things after writing that newsletter:
First, it’s too bad I don’t have some decent research at hand about the factors that make it more likely that y…
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