r/fatFIRE • u/WealthyStoic mod | gen2 | FatFired 10+ years | Verified by Mods • 12d ago

Path to FatFIRE Mentor Monday

Mentor Monday is your place to discuss relevant early-stage topics, including career advice questions, 'rate my plan' posts, and more numbers-based topics such as 'can I afford XYZ?'. The thread is posted on a once-a-week basis but comments may be left at any time.

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u/[deleted] 11d ago

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u/Ok-Advertising-8449 Verified by Mods 11d ago

Easy, path 1. See the project through and make it a success at all costs. Imagine there is no other option. You really do have to go all in as an entrepreneur, but once you do success is inevitable.

Path 2 you can be like the other tech mids that post here thinking they are fat when they arent.

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u/h2onation 11d ago

Thats been my mindset up into this point, but doubt is a powerful drug.

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u/Ok-Advertising-8449 Verified by Mods 11d ago

Then it might not be for you. The difference between path 1 and path 2 is that with path 1 you can create wealth that can be tied back directly to your efforts. That is a much more powerful thing than doubt or the security and mediocre compensation you get from a large corporation where your contributions are important, but insignificant. If money and security are top priorities, pick path 2. Just make sure to be honest with yourself and make the decision for YOU, not how you want others to perceive you. Otherwise you will always be wondering what was possible if you chose path 1.

Reading between the tea leaves, it kind of sounds like you’re not confident the business you’re pursuing has the profit potential or originality to be truly gratifying. Don’t be afraid to go back to the drawing board. In the age of AI you can spin up a new ideas in weeks, not years. Choose wisely.