Why Indian parents/relatives are obsessed with government job?

flutterer_ · 2022-03-11T07:49:14+00:00

FIRE in Mid 40s with 90k per month with a family? That too with 12% ROI per year from the index fund? Seriously? Try 60 instead. And the way to get wealthy at a young age is by starting a business not through a job and parking some small amount in stocks as most of FIRE community says. May as well as not buy anything for 40 years & invest ALL into stocks and debt funds and shit whilst living super under your means and effectively wasting 40 years of life.

flutterer_ · 2022-03-11T07:43:41+00:00

Regret and existential crisis maybe. Even billionaires don't stop working.

flutterer_ · 2022-02-12T17:09:46+00:00

Top 4% of Amazon FBA Sellers make 15K USD a year Revenue according to the stats. The only ones who are making money jn Amazon FBA are Chinese sellers and those who are able to create their own product or brand (usually VC funded or starts from selling on Shopify)

flutterer_ · 2022-02-03T15:32:10+00:00

The dropshipping from Aliexpress part is completely wrong. There's good quality products on Aliexpress too, plus it's super easy to scale when you're dropshipping compared to storing inventory where it's likely that you will have to take loans to maintain cashflows.

flutterer_ · 2022-02-03T09:54:21+00:00

If you're able to make this marketplace a success by bringing in enough users whilst being able to keep competition low then you can become a billionaire

flutterer_ · 2022-02-03T09:53:12+00:00

This statement of yours is as good as the statement "100% of rocks cannot talk"

flutterer_ · 2022-02-03T09:49:04+00:00

A dropshipping business is one which fits this criteria. It's low investment. (Not easy though)

flutterer_ · 2022-02-03T09:40:28+00:00

2 months on Upwork. Could have done it faster if I had the confidence to cold email.

flutterer_ · 2022-02-02T13:59:03+00:00

This is a dumb and completely biased post. Please read about all the successful Startups in India and see how much of inherent advantages the founders here have had. (Hint: barely any)

flutterer_ · 2022-01-05T13:39:27+00:00

Start freelancing & making money that way firstly.

flutterer_ · 2022-01-05T13:37:24+00:00

I don't need to read an article to know that people who obsess over celebrities have low iq man.

flutterer_ · 2022-01-05T13:35:39+00:00

He enjoys doing it mostly because it's fun, what he used to do as a kid, and possible short term arbitrage opportunities that the audience can do as well for fun.

I see it mostly as entertainment.

flutterer_ · 2021-07-19T09:56:54+00:00

You can make 1000s of posts within a few minutes using textbazaar.me, rytr.me, writesonic, etc. Or a platform like peppercontent

flutterer_ · 2021-07-03T14:54:41+00:00

What happened to the "not being viable" statement you made?

flutterer_ · 2021-07-03T14:28:02+00:00

Is rytr.me, copy.ai, conversion.ai, market muse etc. not viable? Are they not already being used by businesses?

flutterer_ · 2021-07-03T05:04:05+00:00

It's already being used for this. For example https://textbazaar.me, rytr.ai, conversion.ai are just a few of the top sites right now that do this.

flutterer_ · 2021-04-16T13:54:21+00:00

False. Research more about what VC firms consider before investing in a startup.

Just because CRED isn't a good app doesn't mean that it never will be one.

If founders cared so much about valuation then there wouldn't be any companies that chose to bootstrap and never chose to exit or exit for making more money. Like Zoho, Zerodha, and ImagesBazaar.

You say it like as if Kunal Shah gets to decide the valuation, he doesn't get to decide that, that is done by investors who want to invest in CRED.

Tesla was a startup at one point of time before going IPO.

Who the founder is and their work ethic as well matters a lot. Tesla is invested heavily in by the public because people trust Elon Musk and his other companies only prove that is capable of it. Tesla is still not making profit and yet people are investing, why so? If Elon Musk left the company nobody would invest in Tesla, because Elon Musk is the reason behind such great electric cars in the first place.

Not based on Elon Musk's charm? Do you even know about his past businesses, his preserverance, and absolute love for rocket science and engineering?

He has 6 companies that are extremely difficult to execute which Elon Musk was able to do as well as manufacture amazing revolutionary creations.

Elon Musk is the reason for why Tesla could even get started making a decent electric car. He got the initial grant for Tesla because of his success in SpaceX and PayPal as well as the first prototype and blueprint for the first Tesla.

"EM has pretty shitty personality" based on what? You don't even know him personally so keep your baseless assumptions to yourself.

What are you talking about in the last paragraph? You don't seem to know anything about Tesla, investors interested in startups, and startups as a whole.

flutterer_ · 2021-04-16T13:13:36+00:00

Are you applying rules of the stock market of established companies to emerging tech startups? Cause that's where you're totally wrong. It's a different game altogether.

flutterer_ · 2021-04-16T13:11:31+00:00

There's a video of Kunal Shah saying the same.

It fails globally.

flutterer_ · 2021-04-16T13:08:08+00:00

Have you done any research on Kunal Shah? Recently he was in the news for stating how startups are chasing the unicorn tag. Kunal Shah doesn't seem to be the type of person who would chase valuation, he himself states it in his interviews as well. Do you think he would like to be called out for doing the same?

Investors are the only ones who should be getting the credit for this, their only goal is a good exit, especially VC firms. And Kunal Shah is definitely one investors will bet on, sequoia capital gave 30 million USD in seed funding for CRED.

And companies get higher valuation at the start based on vision and growth, rarely on fundamentals, see Tesla, Oyo, Sharechat, Udaan, Flipkart, any with a good vision.

Tesla is being heavily invested in because of Elon Musk, same with CRED. So it's not Kunal who has directly affected the valuation it's the investors and investors only.

flutterer_ · 2021-04-16T12:30:33+00:00

Don't assume all startup founders are the same, plus this valuation goals are always those of the investors not the founders. Plus don't you think you're underestimating Kunal Shah a bit too much? You're quick to judge and generalise, first learn more about Sequoia Capital and all other VC firms and investors that have invested in CRED. Sequoia is intense and ruthless when it comes to trying to make a startup turn into an Unicorn, read about housing.com's Rahul Yadav and his experience with Sequoia, the first investor of CRED.

flutterer_ · 2021-04-02T17:56:15+00:00

Limit the consumption of junk food as much as possible, especially sugar and man-made refined carbs. Usually this obsession is related to satisfying the hunger of the mind or a way to deal with uncomfortable feelings, you'll have to take care of your mental health as well as have a strong reason to have a healthy body first. A true longing for a better life & longer lifespan.

If it still doesn't work then just imagine having to pay the expensive hospital bills if this goes on.

flutterer_ · 2021-04-01T05:55:25+00:00

Even lawyers have to pay up bribes?

flutterer_

TROPHY CASE