2min snip

We Study Billionaires - The Investor’s Podcast Network cover image

TIP584: Optimizing for the Long-Term w/ Sahil Bloom

We Study Billionaires - The Investor’s Podcast Network

NOTE

The Difference Between Earned Status and Bought Status

Earned status is more fulfilling than bought status. Bought status leads to an unhappy chase, always feeling like you're not enough. Earned status has more depth and fulfillment. Achieving something through hard work and effort gives a sense of pride and satisfaction. It's better to focus on earned status rather than buying status.

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