The Calum Johnson Show The Myth Of Online Entrepreneurship | Jack Raines
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Sep 25, 2023 Jack Raines, author of Young Money newsletter and king of memes on LinkedIn & Twitter, discusses his career journey from finance to content creation. He emphasizes the importance of prioritizing passion over expectations, taking calculated risks, and staying active as an entrepreneur. Jack shares his experience with making money through ad revenue and sponsored content, as well as his unconventional approach to engaging on LinkedIn. He also reflects on the challenges of growing his newsletter and the benefits of exercise and fear-setting.
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Never Quit Without Runway
- If you plan to quit, secure at least a year of runway or a steady income stream first.
- Avoid needing money too soon because it forces short-term monetization decisions that harm long-term projects.
Jobs Can Be Strategic Freedom
- Traditional employment isn't a prison; it offers stability and time to build other projects.
- A decent job can fund passions and give the freedom to pursue side projects without immediate monetization pressure.
Choose Work For You, Not For Status
- Do the work you actually want to do, not the work you want to brag about.
- Prioritize long-term edge and exponential growth over short-term status signals.