52sec snip

The Colin and Samir Show cover image

Scott Galloway's No Bullsh*t Business Advice for Creative People

The Colin and Samir Show

NOTE

Dream Big, but Measure Reality

Engaging in vanity industries like acting can be risky, as the financial success is not equally distributed. Setting clear financial goals and timelines is essential to avoid unrealistic expectations. A significant portion of individuals in these industries struggle; for instance, only a small fraction of actors achieve top-tier success, with many needing side jobs for financial stability. The statistics reveal that 83% of SAG-AFTRA members earn below $23,000, with an alarming unemployment rate exceeding 80%. In contrast, non-vanity industries often yield higher returns on investment due to lower competition and more stable opportunities, highlighting the importance of a pragmatic approach to career aspirations.

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