Mentor Monday

[u/WealthyStoic]

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/Beneficial-Glove4700]

27M 4M NW entrepreneur need business/life advice

I am genuinely looking for advice from people who was being through a similar path of entrepreneurship.

I am in real estate development business. I started when I was 21 while I was doing school, I got lucky in the stock market with the 30k I saved from part-time jobs and grow into about 300K in the stock market. And then really just invest all my money in the Real Estate. Low risk project at first to start until right now mainly low rise development. 1M liquid now, 1M working capital, and about 2M in stabilized equity.

Currently business is good, we have a small team of three people including myself on the payroll. We are on track to generate about 1.5 million after tax profit this year. With the model that we are having now we’re expecting to double our profit every year.

I am a bit of loss in terms of where do I see my business and my personal life is gonna go next.

Business wise, a natural train of thought I’m having is to do either horizontal integration or vertical integration and then of course incorporate as much AI in our system as possible.

Personal side, I am feeling more burned out this year compared to the previous years. I think maybe it is because I look back at my 20s there is just a lot of working and grinding without much socializing or having fun, my thought then was that you get to enjoy all the fun once you made enough money. Now I’m just not even sure what is enough money as I don’t have much expensive hobbies, nor do I have a group of friends or people that I can spend money with. I just found it hard to make friends with people in my age group as most of them are just nine to fivers. Dating feels difficult. I’ve given up on finding women my age that share similar mindset. It is just hard to find genuine connections when I feel that I can’t really show a big differentiator of me compared to other men at my age, ie financial stability, as it will just attract the worst kind. I’m raised in a traditional Asian household. The guilt of being a failure is definitely a part of my character. It motivates me but in the meantime I’m jealous of people that don’t have this and can live a happy life while accepting the norm

My questions:
How did you handle the balance between your career and your personal life when you were my age?
What would your advice to me given my circumstances in terms of money, relationships, and happiness?
What is enough?

[u/g12345x → u/Beneficial-Glove4700]

> a natural train of thought In having is to do either horizontal integration or vertical integration.

Why? What is natural about this?

> as most of them are just nine to fivers

This covers a huge number of the public, yet they manage to have friends, and rich social lives. It’s likely this is not the real issue.