So if money isn't the problem, then why do people work their asses off until they break down or burn out? Is it just a social norm that people have to keep getting bigger, growing, hiring more, and raising more money?
So if money isn't the problem, then why do people work their asses off until they break down or burn out? Is it just a social norm that people have to keep getting bigger, growing, hiring more, and raising more money?
I also know that I am less productive when I am tired or overworked, so this is another reasons why I try to limit my time in front of the computer. For example, when it's possible, I simply take breaks when I am tired (http://davidtanzer.net/node/114 - though this is often not possible when working for a client on-site).
I could make more money by doing the same work I do now for more hours - but that would just be a brute force solution. What I currently try is doing work that has better hourly rates. I'll also try to build some passive income - that's what you mentioned.
IMHO, as someone looking back from 34yo, I would say, try EVERYTHING. Keep your costs low, and take as many big risks as you can. Keep trying different things until you find one you love, then find a way to get paid for that.
So if money isn't the problem, then why do people work their asses off until they break down or burn out?
Some people are really passionate about what they are working on, they don't care about the money. Others are unfortunately just driven by greed. If I had to recommend one over the other, I'd definitely go with passion; just be careful not to burn out.
Also, the passive income thing is always a good idea to keep in mind; put a little bit of work into it, but do it early and don't make it your main focus, otherwise it's not very passive, is it?
Think: our field is one of the few where the average worker owns his own means-of-production. Practical impact: the 40-60 hours you don't have to spend getting an income each week, if you have a passive income, can be spent on building awesome open-source projects you release for free to undercut those who like living in cubicles.