Jake Kassan sold MVMT for $100M:
"I'm deeply depressed," he wrote.
Alex Lieberman sold Morning Brew for $75M:
"The months after (selling) were probably the hardest months of my life."
Markus Persson sold Mojang for $2.5B:
"The problem with getting everything is you run out of reasons to keep trying."
Should I go on?
Question: If someone gave you $100M tomorrow, would you quit your job?
I imagine 99% of you would say “yes.” If you’d say “no” — congratulations! If money wouldn’t change how you spend your days, you’re already wealthy.
But for the 99% of you who would say “yes” …
I think that $100M would do a lot less for you than you think.
Every time you read one of these posts from guys who became richer than King Solomon in their 30s, they all say the same thing:
"Money isn't the answer. Purpose is."
It's easy to say money isn't the answer when you're rich.
I get that.
But it's also not a coincidence that you hear this time and time again from people who have made more money than you could spend in 7 lifetimes.
In his book, Man's Search for meaning, Viktor Frankl wrote that we need:
"Not a tensionless state, but rather the striving and struggling for a worthwhile goal, a freely chosen task."
So many of us set our sights on things like monetary wealth, early retirement, and a bottomless bank account without realizing that, in a vacuum, those things create a vacuum-like space where purpose is nowhere to be found.
If you didn’t read the whole post above, check out these lines from Kassan, who made $100M at 31:
“You can not live without struggle and pain.”
“We either choose our struggle and pain or it will find us through depression and loneliness.”
“Money past a certain point won’t make you happier, in fact it will make you feel lonelier.”
And now, check out these lines from Knorr, who has only seen $100M in the movies:
Achieving your goals is fun for a second. Once that dopamine wears off, the space that was once filled with pursuit is now empty. And cold. And lonely.
And if you don’t fill it with another challenge, another struggle, another pursuit, it’ll just get colder and lonelier.
Like it or not, you were not meant to live a life without challenge.
The happiness is in the work.
The purpose is in the pursuit.
The wealth is in the journey.
I read Man's Search for Meaning around September last year and I still reflect on some things from the book.
One of them is the quote, "People have enough to live by but nothing to live for, they have the means but no meaning."
And to answer your question, if I was given $100M I'd quit my job (not abruptly, but eventually) and then pursue things I'm more passionate about. Things I'll happily undergo pain and struggle for...
Purpose, relevance, fulfillment, self-identity and true satisfaction from achieving something hard are as much necessities as air, water and food.
Thank you for calling this out, Adam. Humans are not wired for this. Going back to our primal days, we have strived and struggled to live and improve. Then, in the latter part of the 20th century came "retirement." Now, people are suffering the dark side of it for the very reasons you listed.
Thank you for calling this out, Adam.