Y Combinator Startup Podcast

#37 - Don't Start a Blog, Start a Cult - Mr. Money Mustache

11 snips
Sep 27, 2017
Pete Adeney, aka Mr. Money Mustache, shares his journey to retire at 30 and achieve financial freedom through badassity. Topics include building a cult-like following, sustainable transportation, frugal city living, factors for long-term happiness, future planning, embracing frugality, parenting strategies, and gap years for financial resilience.
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ADVICE

How to Start a Cult

  • To start a cult, have an identifiable, somewhat different philosophy that creates a sense of us versus them.
  • Use unique terminology and have a clear leader to build identity and a lasting community.
INSIGHT

Elon Musk as a Cult Leader

  • Elon Musk fits the cult leader mold with clear goals and strong leadership.
  • His straightforward communication and mostly good intentions attract many followers including Pete Adeney.
ADVICE

Living Cheap in Expensive Cities

  • If earning $30k in a pricey city, evaluate why you live there and consider cheaper locations or working remotely.
  • Use frugality hacks like sharing housing or trading services for rent to live affordably.
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