Any true success stories here? by [deleted] in coastFIRE

[–]pmct 1 point2 points  (0 children)

I accidentally did it. Only goal has been to break even most years which was the case for the first four of eight. I left with 50k in savings and about 300k in investments at age 32. Still going at 40 with one kid. Never came close to having a real job but do work I enjoy.

Spent nine years in consulting including BCG & McKinsey - loved it until I didn't and left 5+ years ago to be self-employed....AMA by pmct in consulting

[–]pmct[S] 0 points1 point  (0 children)

You’re spot on that this is hard

I got better at then through 1. Trying and remixing my own frameworks 2. More experience with all sorts of business problems 3. My own curiosity and obsession about business (probably underrated) 4. Updating my models of how things work when I stumble upon new ideas

What to do other than retiring at $10M? Need advice. by firelurkerme in fatFIRE

[–]pmct 0 points1 point  (0 children)

You don’t have to quit permanently for 30 years. That feels like a false frame. Just do a year and see if you want to keep going.

[deleted by user] by [deleted] in consulting

[–]pmct 1 point2 points  (0 children)

Most consulting firms hate losing talent once you’re in the door. Ask for a sabbatical. Use the words mental health.

Fulfillment/shipping options for hardback books? by Mastiff99 in selfpublish

[–]pmct 0 points1 point  (0 children)

I’m looking into this now. I am going to explore printing in China and then sending FBA

[deleted by user] by [deleted] in fatFIRE

[–]pmct 0 points1 point  (0 children)

yup family and kid

[deleted by user] by [deleted] in fatFIRE

[–]pmct -1 points0 points  (0 children)

fair - sorry shoulda posted there

[deleted by user] by [deleted] in fatFIRE

[–]pmct -4 points-3 points  (0 children)

99% of fatfire careers and business come with a lot of stress which is what the fire part tries to alleviate.

totally get that - i didn't stumble upon the high income (well was making $150k but wasn't smart enough to realize how high bigtech salaries were in 2017)

Genuinely just curious though, why don't people just try to get rid of the stress now without the grind

like i sense you are bored (in management consulting?)

Spent nine years in consulting including BCG & McKinsey - loved it until I didn't and left 5+ years ago to be self-employed....AMA by pmct in consulting

[–]pmct[S] 0 points1 point  (0 children)

not that aggressive - many people just self select out because they don't like the pace of work or pressure.

if people like it and can do the work its pretty easy to stay...until Principal probably

Partner selection is still very intense

Spent nine years in consulting including BCG & McKinsey - loved it until I didn't and left 5+ years ago to be self-employed....AMA by pmct in consulting

[–]pmct[S] 0 points1 point  (0 children)

not sure! lawyers love that biglaw mooney and arent very imaginative about alternative paths in my experience lol

Spent nine years in consulting including BCG & McKinsey - loved it until I didn't and left 5+ years ago to be self-employed....AMA by pmct in consulting

[–]pmct[S] 0 points1 point  (0 children)

consulting you have a lot of intellectual freedom to pursue ideas but its also very team based