How do you define success and how would you achieve it

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How do you define success and how would you achieve it


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Canada
Canada
A little background on me:
Age: 27
Degree: B.Sc. Electrical Engineering
Job: Electrical Engineer


To me I want to achieve more in my life but on a monetary and emotional level. How do you feel a person in their 20's can achieve economic growth? What investments ? Personal growth ? Relationships? Tips/Advice
 
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I'd say being content is the goal, how you get there really depends on what contentment is for you. Live to work, work to live? Alone or lonely? These are the questions I think.
 
Assuming you're not harming others, it doesn't matter what you do as long as you're content with it and content with yourself.
 
  1. MGTOW
  2. Avoid relationships
  3. Focus on self improvment
  4. Building emotional relationships
  5. Being Content
1 includes 2, 3 and 4 IMO.

The 3rd option is redundant. If you want to earn more money you have to focus on self improvement by definition.

Avoiding relationships is not a good option. Maybe intimate, long term ones but not all types of relationships. To earn more it's quite useful to meet new people and foster new relationships. But you'd need to know which ones are the ones that can bring you more happiness accomplishment, etc.

Having said that, I agree with other people have said in regards to being content, although I don't think you can focus on earning more money if you start a long term relationship. If you're in a stable relationship already, that can make things easier.
 
The best piece of advice I can give is to get on the property ladder as quickly as possible. While you're renting, you're throwing away money; At least buying somewhere means you're always increasing your investment.
 
What the heck is MGTO? Men going their own way?

3 & 5

Never be jealous. Jealousy is a succes killer.
 
Money is a means to an end, not an end in and of itself. In order to be successful you need to understand yourself, what do you want out of life, what do you want to achieve, what will you look back on and be proud of, what gives you a personal sense of accomplishment, what makes you happy.

It's hard to feel successful without having an element of personal security, and that's what saving money does for most people. Keep in mind that that's not a sufficient condition for many people, but is a necessary condition for success for many people. I'd caution you not to look for arbitrary goals like "becoming VP" or "becoming a manager". If your goal is to lead a team, you need to figure out what you want to lead them at doing, and what that team needs to accomplish before you'll be happy with the results.

Also, be really honest with yourself. Having friends, a spouse, a big family - these things can be extremely high priorities for some people.

In terms of economic growth, the first thing to do is minimize your tax burden - that's the easiest way to achieve growth. That means maxing your 401k every year without fail. Also, try to look at purchases from the perspective of the full cycle. What are you paying up front, what will it be worth when you sell it, what did it cost you in the interim - that's the real measure of price.

Don't pay a broker, they're generally a waste of money. Do a little research on some diversified mutual funds and invest there. Make sure the expense ratio is low. Avoid high cost debt (like credit cards), but don't be too afraid of tax advantaged debt (like mortgages) and anything with a FIXED super low interest rate.

Lastly, try to avoid selling things that are going to go up in value forever.
 
The best piece of advice I can give is to get on the property ladder as quickly as possible. While you're renting, you're throwing away money; At least buying somewhere means you're always increasing your investment.

Easier said than done these days (at least it seems to be in the UK), and also it might then define what you need to do relationship-wise as it's much easier to get on (and live on) the property ladder with two incomes... however, if being in a long term relationship is considered counter to other financial success then there's a bit of a catch 22 going on there.
 
Easier said than done these days (at least it seems to be in the UK),

Indeed, that's why it's better to do it sooner rather than later. Get a decent deposit saved up, about 10% of the mortgage, and get going. As an electrical engineer this should be quite easy to do in a couple of years if you're careful and have the end goal in target.

My fiancé and I got lucky, we were able to get on the property ladder, and we came into a large chunk of money at just the right time which allowed us to buy the house we wanted - we have Birmingham City Council to thank for that - but I maintain that having a base will make it easier to move upwards, even if you want to go self-employed.

and also it might then define what you need to do relationship-wise as it's much easier to get on (and live on) the property ladder with two incomes... however, if being in a long term relationship is considered counter to other financial success then there's a bit of a catch 22 going on there.

Absolutely right. Is it just a financial position which marks success, or is what mark you leave on the world? I don't believe that being in a long-term relationship is counter-intuitive to financial success, but if you set yourself in a comfortable place first with a base to call your own, then being in a long-term stable relationship is easier because you're not reliant on the partner for your home - neither of you would feel trapped or stuck with the other, making for a healthier (in my own experience) relationship.
 
Depends on what you're priorities are. For me, keeping out of the rat race has been important, on some days at work I have to go into Wellington city, and everyone's rushing to get to and from work, they're so impatient. Some are willing to do dangerous things on the road to make up one place to get home 2 seconds faster. And New Zealand isn't exactly a busy country, places like New York and London must be worse. Rushing around and feeling like the whole day is just a push to maximise profits sounds like hell, but that's how people get to the top of the financial ladder. But with so many trying and failing, I think I'd rather just keep going as I am. Realise what you want to get out of life and do enough to get it, but don't get too greedy. Because greed is a killer of courtesy.
 
but if you set yourself in a comfortable place first with a base to call your own, then being in a long-term stable relationship is easier because you're not reliant on the partner for your home - neither of you would feel trapped or stuck with the other, making for a healthier (in my own experience) relationship.

Not sure I agree with your conclusions at all there, though to be fair, my own personal circumstances are probably not typical of many other peoples.

_______


As another thought, I recall a piece of advice I once heard... "Find something you enjoy doing and get really ****ing good at it"... I think if you can tick those boxes you're well on your way to success - even if what you're good at doesn't pay well, at least you'll enjoy your work.
 
I'm always looking for a new job, even if I'm happy with where I'm at. But I always take into account a few things 1.) Where it's located 2.) Cost of Living 3.) Salary and 4.) Education Opportunities.

Since 2010 I've held six different jobs with each one coming with a sizeable pay increase each time. They've also all offered various educational opportunities and I now have 11 certifications in the program I work on - all paid for by the employer. I've also more than tripled my salary over the course of 8 years while still maintaining a good work-life balance.

For me loyalty to a company is worthless. They'd throw you out the door as quick as they could without blinking an eye, so why shouldn't I essentially do the same thing? Always be on the lookout for the next best thing, but do a ton of research before making a move. You can find out a ton of info on a company by spending an hour on Google.

Also don't be afraid to pick up and move to a new area. Two years ago I was in Michigan and sort of out of the blue, I interviewed with a hospital in Utah and a few weeks later sold my house, packed up the wife, and headed west. But if you are going to move to a new area, make sure you get hooked up with a company that will pay for the relocation. Thankfully, my current employer did and it made it really easy to just make two phone calls and hire movers. I then let a realtor handling the selling of my house and paid for a mobile closer who let me do everything in Utah. The whole process took less than two months.

As learning, take advantage of any opportunity to learn something even if it's outside your field. Once you learn it, figure out a way you can make it work to your advantage in interviews. Anything can be applied to the workplace when it comes to education. As an example, my college degree is in archaeology and I work in IT. Basically, I managed to work in how the analytical skills of digging up ancient trash applies with working on computers.

I'll also echo what @Danoff said. Minimize your tax burden, especially once you start making decent money. The government really wants to get its greedy hands on your hard earned coin, so pay yourself before paying the government. I invest a bunch in my retirement accounts and do it all myself through Fidelity. The nice thing about it is that I can actually go into one of the Fidelity places and talk to someone without actually paying anything too (perk of the job). I routinely chat with an advisor either in person or on the phone to figure out if I'm on track or need to be more aggressive. I'm 31 and my retirement accounts are already deep into the six figures, which is nice because I'd like to retire around 65.

Finally, watch what you buy. Not making impulse buys really helps you save your money for things you actually want. However, don't be afraid to buy something you truly want if you can afford it. Living in a way where you always feel the need to save money instead of getting things or going places is a bit depressing. For me, I buy cars and travel but really look at whatever makes you happy. Although I do strongly recommend traveling since it gives you a better world view of things.
 
My success to have a unique life and make an impact that will be remembered in history. Y'know, Elon Musk style. The concept of being forgotten simply after a single generation unsettles me
 
Depression is not a conscious choice. "Don't be depressed," is, I'm sorry to say, a fairly ignorant statement.

Back on topic: My measure of success would include respect from your peers, and from your customers. When people come to you because they know you're going to share real knowledge with them rather than buzzwords and guesswork, then you're successful.
 
The best piece of advice I can give is to get on the property ladder as quickly as possible. While you're renting, you're throwing away money; At least buying somewhere means you're always increasing your investment.
That's true but say you live in Vancouver, New York or some big city its super expensive. Even with a good job its absurd how much money is for a small condo here. I'm hoping my stock investments make big return.

Don't be depressed, I would say. It kills succes.


:P
Best way to beat depression is to get off social media and go to a gym and literally start training, been there and overcame it. Social media is noise, its a distraction, it's an illusion or false perception of reality. Your target should always be improving yourself. Really good video.

 
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Best way to beat depression is to get off social media and go to a gym and literally start training, been there and overcame it. Social media is noise, its a distraction, it's an illusion or false perception of reality. Your target should always be improving yourself. Really good video.


Really good explanation! You are correct but some form of depressions can't be overcome by just going to the gym and work out. Believe me I know what I'm talking about.

Yep, social media is %%ù#é"🤬🤬£ùù%^^


I saw the video and he is wrong because he doesn't even know that certain depressions are hereditary and a defeciency of the brain which cause a chemical imbalance.

The depressions he is talking about are probably depressions caused by social, financial, economical situations and life experiences. These depressions can be cured, as he said, by food, jogging, positive thinking etc ... . People with these kind of depressions have normal brains and the their brain can be reset to function normally again without medication. Although it is not that easy as he suggest in his video though.
Also reading poetry and a scientific (which I think is phllosophical and not scientific) proves that he is minimizing depression.

I don't have all the wisdom (very far from it). Not even brain specialists know what is happening with the brain during depressions. The brain is still a mystery to the smartest scientist.
 
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Really good explanation! You are correct but some form of depressions can't be overcome by just going to the gym and work out. Believe me I know what I'm talking about.

Yep, social media is %%ù#é"🤬🤬£ùù%^^


I saw the video and he is wrong because he doesn't even know that certain depressions are hereditary and a defeciency of the brain which cause a chemical imbalance.

The depressions he is talking about are probably depressions caused by social, financial, economical situations and life experiences. These depressions can be cured, as he said, by food, jogging, positive thinking etc ... . People with these kind of depressions have normal brains and the their brain can be reset to function normally again without medication. Although it is not that easy as he suggest in his video though.
Also reading poetry and a scientific (which I think is phllosophical and not scientific) proves that he is minimizing depression.

I don't have all the wisdom (very far from it). Not even brain specialists know what is happening with the brain during depressions. The brain is still a mystery to the smartest scientist.
The other cases of depression is a different story but for my take yes I would agree with him. Sometimes the events are so drastic that individuals encounter that one has no control over like war, famine etc... but for most part I would say Western society have no excuses but for themselves. Depression also has a lot to do with time management and perception. The Gym is good place to reset your mind, people shouldn't go there to socialize (I'm not generalizing) but recalibrate your mood and your body.
 
Success is subjective. So I'd say being content more so.
Humility and being humble and treating others right will have a good impact on one. It frees up your mind, makes you less tense and in not only being a better person you want to build good relationships with people. Sometimes on GTPlanet we get into heated arguments which when looking at it is stupid and pointless. Not putting on a fake image for approval while also being a genuine person that is humble is something I hope to somewhat replicate in my lifestyle.
 
Humility and being humble and treating others right will have a good impact on one.
I definitely agree about being a humble person, but I don't believe that just treating others right to have as high an impact as the former. I believe treating others with the same respect they've put forth tends to leave less people taking advantage of that. When you don't get the kindness and openness that you've put forth, it can be a bit demoralizing.

Sometimes on GTPlanet we get into heated arguments which when looking at it is stupid and pointless.
I disagree, to an extent. It can all be a point of learning for those that are willing to be open to the opinions being discussed, whether it's heated or not. It's when people just shut their ears to all facts and disagreeing opinions, that's when it becomes stupid and pointless. Be open to what you're discussing, and actually knowing about what you're discussing can very much help, even if it's a hot topic.

Not putting on a fake image for approval while also being a genuine person that is humble is something I hope to somewhat replicate in my lifestyle.
Was this realization before or after trying to bring your personal life into an argument that you've been blatantly wrong on, to "put someone in their place"? :rolleyes:
 
I definitely agree about being a humble person, but I don't believe that just treating others right to have as high an impact as the former. I believe treating others with the same respect they've put forth tends to leave less people taking advantage of that. When you don't get the kindness and openness that you've put forth, it can be a bit demoralizing.


I disagree, to an extent. It can all be a point of learning for those that are willing to be open to the opinions being discussed, whether it's heated or not. It's when people just shut their ears to all facts and disagreeing opinions, that's when it becomes stupid and pointless. Be open to what you're discussing, and actually knowing about what you're discussing can very much help, even if it's a hot topic.


Was this realization before or after trying to bring your personal life into an argument that you've been blatantly wrong on, to "put someone in their place"? :rolleyes:
I definitely agree about being a humble person, but I don't believe that just treating others right to have as high an impact as the former. I believe treating others with the same respect they've put forth tends to leave less people taking advantage of that. When you don't get the kindness and openness that you've put forth, it can be a bit demoralizing.


I disagree, to an extent. It can all be a point of learning for those that are willing to be open to the opinions being discussed, whether it's heated or not. It's when people just shut their ears to all facts and disagreeing opinions, that's when it becomes stupid and pointless. Be open to what you're discussing, and actually knowing about what you're discussing can very much help, even if it's a hot topic.


Was this realization before or after trying to bring your personal life into an argument that you've been blatantly wrong on, to "put someone in their place"? :rolleyes:
Then why post? In terms of education and what not I wonder what's your background? And what's your definition of success? What's your hurdles?
 
Then why post? In terms of education and what not I wonder what's your background? And what's your definition of success? What's your hurdles?
Why shouldn’t I post? What reason is there not to? What would my education change and what does it matter? Why would you post about being humble and whatnot, but act totally opposite most the time?

Definition of success? I don’t know, but continual improvement is something I always go after, as success sounds more like an ending point and I don’t think that’s something that just stops - it’s an ever changing target in my opinion. Either way I’m more worried about living a happy life at the moment as I think that comes first and foremost. Sometimes that goes hand in hand, sometimes that doesn’t.
 
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The other cases of depression is a different story but for my take yes I would agree with him. Sometimes the events are so drastic that individuals encounter that one has no control over like war, famine etc... but for most part I would say Western society have no excuses but for themselves.

For the most part I would say you have no idea what you're talking about. Being sad is not depression, and clinical depression isn't something that goes away by pumping iron. Do you also blame people who happen to contract the flu for their disease?

The idea that mental illnesses are due to defects of character is insidious and damaging. It prevents a lot of people from getting support that they need, and it generally makes life for them much harder than necessary at a time when they're already struggling. I'm not a fan at all of the current medical and psychiatric definitions of depression, I think they're meaningless. But to label a whole group of people who have this issue as having no excuse except for themselves is just ignorant, and you're wrong.
 
Why shouldn’t I post? What reason is there not to? What would my education change and what does it matter? Why would you post about being humble and whatnot, but act totally opposite most the time?

Definition of success? I don’t know, but continual improvement is something I always go after, as success sounds more like an ending point and I don’t think that’s something that just stops - it’s an ever changing target in my opinion. Either way I’m more worried about living a happy life at the moment as I think that comes first and foremost. Sometimes that goes hand in hand, sometimes that doesn’t.
For the most part I would say you have no idea what you're talking about. Being sad is not depression, and clinical depression isn't something that goes away by pumping iron. Do you also blame people who happen to contract the flu for their disease?

The idea that mental illnesses are due to defects of character is insidious and damaging. It prevents a lot of people from getting support that they need, and it generally makes life for them much harder than necessary at a time when they're already struggling. I'm not a fan at all of the current medical and psychiatric definitions of depression, I think they're meaningless. But to label a whole group of people who have this issue as having no excuse except for themselves is just ignorant, and you're wrong.

Education more or less plays a role in financial security. One's well being to me has two connotations economics, and emotions. Emotions is far more complex than economics, we see how it plays out when people fight dispute, and carry about themselves. Ones environment can literally influence their behavior, their mood, and their interactions with others. When I mention that stuff about western society I didn't say "All". The reason I was wondering what your background was too see if there's a relationship to how people respond. If this is rubbing you off the wrong way, I don't what to say.
 
rubbing you off

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