Afford Anything
Cracking the Code of the Rich, with Seth Stephens-Davidowitz
Sep 21, 2023
Seth Stephens-Davidowitz, a data scientist, shares counterintuitive insights about the narratives around becoming and staying rich. Topics include the businesses that quietly make people millionaires, unconventional successes and reliable paths, dangerous decision making, managing remote employees with JustWorks, the role of randomness and storytelling in the art world, the key to happiness, and three key takeaways.
47:48
Episode guests
AI Summary
Highlights
AI Chapters
Episode notes
Podcast summary created with Snipd AI
Quick takeaways
- The most successful entrepreneurs are often in their 40s and beyond, as experience and expertise gained over the years can be a significant advantage when starting a business.
- Success can be found in seemingly ordinary industries, such as mid-sized regional firms like auto dealerships and beverage distributors, which often house the richest Americans.
Deep dives
Age is not a barrier to success
Contrary to the belief that entrepreneurship is for the young, data shows that the most successful entrepreneurs are often in their 40s and beyond. Experience and expertise gained over the years can be a significant advantage when starting a business.
Remember Everything You Learn from Podcasts
Save insights instantly, chat with episodes, and build lasting knowledge - all powered by AI.
