Short conversational excerpt from a YouTube video where two speakers discuss whether targeting $100 million is a meaningful life goal. They argue that beyond a certain personal-wealth threshold (e.g., millions), additional money yields diminishing improvements to quality of life, while high company valuations still matter for status, access, and building larger ventures.
Although money is a driving factor.
Yeah.
Money is not the be all end all for you. I can see that.
Yeah.
So that goal of 100 million that.
You set out, is.
That still valid?
Do I care about that? After a certain financial number, more money, like, creates smaller increments in your life in terms of quality of life. Let's just say you're making $10 million a plus. You go from 10 million to making 20, that extra 10 doesn't improve your life as much. Opposed to you making 100,000 to, let's say 500,000. The marginal gain isn't.
Change your lifestyle that much.
No. Yeah, as much as like, hey, we, we've grown this company to $100 million valuation, which is cool. You, you, you're in different rooms now. There's a different level of respect. So I care about it from that perspective. Like, hey, I have a company that's worth 400 million. Wow. This guy had an exit for a billion dollars.
Okay.
Now I, I get to go on different tables. I get to build bigger things, better things, and just kind of go in a higher elevation level.