SOSCAST with Adam Sosnick SOSCAST | EP 14 | Billionaires, Cash, & Jackass
17 snips
Feb 9, 2022 Discover the five traits that top performers share and why they're crucial for success. Dive into the debate on whether universities truly produce billionaires. Explore the impact of job-hopping on resume credibility and hiring. Get a glimpse into the wild medical bills of the Jackass crew and weigh health risks against fame. Plus, learn the best budgeting strategies and the importance of maintaining cash reserves. Finally, hear about the host's journey into Bitcoin and crypto, alongside insights on career advice and listener queries.
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Stop Resume Job-Hopping
- Avoid job-hopping every few months; employers view frequent short stints as a red flag.
- Aim for stability of at least one to two years and demonstrate loyalty before switching roles for raises.
Jackass: $24M In Medical Bills
- The Jackass crew has spent over $24 million on medical bills from stunts across their careers.
- Johnny Knoxville alone incurred about $8.6 million and built wealth by owning production companies and his brand.
Simple Budget Rules To Follow
- Budget: keep housing near 30% of gross income and food around 10% to maintain balance.
- Use the 50/30/20 rule: 50% needs, 30% wants, 20% savings/investment as a default framework.