Skip to content
  • Hjem
  • Seneste
  • Etiketter
  • Populære
  • Verden
  • Bruger
  • Grupper
Temaer
  • Light
  • Brite
  • Cerulean
  • Cosmo
  • Flatly
  • Journal
  • Litera
  • Lumen
  • Lux
  • Materia
  • Minty
  • Morph
  • Pulse
  • Sandstone
  • Simplex
  • Sketchy
  • Spacelab
  • United
  • Yeti
  • Zephyr
  • Dark
  • Cyborg
  • Darkly
  • Quartz
  • Slate
  • Solar
  • Superhero
  • Vapor

  • Default (No Skin)
  • No Skin
Kollaps
FARVEL BIG TECH
  1. Forside
  2. Ikke-kategoriseret
  3. The passive income movement was a fantasy about not having to give a shit.

The passive income movement was a fantasy about not having to give a shit.

Planlagt Fastgjort Låst Flyttet Ikke-kategoriseret
25 Indlæg 24 Posters 0 Visninger
  • Ældste til nyeste
  • Nyeste til ældste
  • Most Votes
Svar
  • Svar som emne
Login for at svare
Denne tråd er blevet slettet. Kun brugere med emne behandlings privilegier kan se den.
  • daojoan@mastodon.socialD daojoan@mastodon.social

    The passive income movement was a fantasy about not having to give a shit. This is a terrible foundation for pretty much anything.

    https://www.joanwestenberg.com/the-passive-income-trap-ate-a-generation-of-entrepreneurs/

    patrascan@ohai.socialP This user is from outside of this forum
    patrascan@ohai.socialP This user is from outside of this forum
    patrascan@ohai.social
    wrote sidst redigeret af
    #14

    @Daojoan thank you for writing and posting this article describing a movement I did not know about. I see some interesting parallels with multilevel marketing as described in the excellent book "Little Bosses Everywhere".

    1 Reply Last reply
    0
    • bubblegumyeti@mastodon.socialB bubblegumyeti@mastodon.social

      @Daojoan It is still happening... with AI.

      jkn@mastodon.onlineJ This user is from outside of this forum
      jkn@mastodon.onlineJ This user is from outside of this forum
      jkn@mastodon.online
      wrote sidst redigeret af
      #15

      @BubblegumYeti @Daojoan I have to deal with people who seriously prompt ChatGPT with "make me money out of nothing" and expect it to work.

      1 Reply Last reply
      0
      • daojoan@mastodon.socialD daojoan@mastodon.social

        The passive income movement was a fantasy about not having to give a shit. This is a terrible foundation for pretty much anything.

        https://www.joanwestenberg.com/the-passive-income-trap-ate-a-generation-of-entrepreneurs/

        mercg@mindly.socialM This user is from outside of this forum
        mercg@mindly.socialM This user is from outside of this forum
        mercg@mindly.social
        wrote sidst redigeret af
        #16

        @Daojoan

        Thank you, and delighted to hear jade roller guy was only $800 down.
        Signed, guy who switched to meaningful work 17 years ago and am thankful every exhausting, difficult, frustrating af day.

        1 Reply Last reply
        0
        • interpipes@thx.ggI interpipes@thx.gg

          @Daojoan of course the only “real” passive income business is to have a large pile of money and assets like a certain class of all too common landlord that nearly everyone has rented from, but that requires too much capital “to step into”, so of course they started grasping at ways they too could get away with giving no shits.

          I have no idea why you would want this either. As you observe; my entire business is successful on giving a shit so that we are invited back.

          spodlife@sunny.gardenS This user is from outside of this forum
          spodlife@sunny.gardenS This user is from outside of this forum
          spodlife@sunny.garden
          wrote sidst redigeret af
          #17

          @interpipes @Daojoan
          I came to mention landlords too, as if flipping property or extracting crushing rents is passive. Only if you don't care about the property, or the tenants.

          1 Reply Last reply
          0
          • daojoan@mastodon.socialD daojoan@mastodon.social

            The passive income movement was a fantasy about not having to give a shit. This is a terrible foundation for pretty much anything.

            https://www.joanwestenberg.com/the-passive-income-trap-ate-a-generation-of-entrepreneurs/

            timolaine@mastodon.greenT This user is from outside of this forum
            timolaine@mastodon.greenT This user is from outside of this forum
            timolaine@mastodon.green
            wrote sidst redigeret af
            #18

            @Daojoan I think this is part of a larger picture. The central issue seems to be that it is not easy to find work that 1) is meaningful/valuable, 2) pays the bills, 3) one does not hate performing and 4) one is able to do.

            My own opinion, and I may be wrong, is that we have constructed our societies and education systems to provide people with skills that are mostly valuable for someone else, i.e. they do not provide autonomy for an individual.

            timolaine@mastodon.greenT 1 Reply Last reply
            0
            • timolaine@mastodon.greenT timolaine@mastodon.green

              @Daojoan I think this is part of a larger picture. The central issue seems to be that it is not easy to find work that 1) is meaningful/valuable, 2) pays the bills, 3) one does not hate performing and 4) one is able to do.

              My own opinion, and I may be wrong, is that we have constructed our societies and education systems to provide people with skills that are mostly valuable for someone else, i.e. they do not provide autonomy for an individual.

              timolaine@mastodon.greenT This user is from outside of this forum
              timolaine@mastodon.greenT This user is from outside of this forum
              timolaine@mastodon.green
              wrote sidst redigeret af
              #19

              @Daojoan So, if we are cynical about it, the choice is roughly between a bullshit job, constant worry about money, or these mostly immoral schemes you describe so well.

              1 Reply Last reply
              0
              • daojoan@mastodon.socialD daojoan@mastodon.social

                The passive income movement was a fantasy about not having to give a shit. This is a terrible foundation for pretty much anything.

                https://www.joanwestenberg.com/the-passive-income-trap-ate-a-generation-of-entrepreneurs/

                volcan01010@fosstodon.orgV This user is from outside of this forum
                volcan01010@fosstodon.orgV This user is from outside of this forum
                volcan01010@fosstodon.org
                wrote sidst redigeret af
                #20

                @Daojoan At the risk of sounding like a bot, I wanted to say that was a great article and I really enjoyed reading it. Thank you for writing it.

                I particularly liked the beach bit and the blender bit. I found the article because @mia boosted it. I'm sad that my view of the Internet has declined to the level that I'm worried about looking like a bot for sending unsolicited enthusiasm.

                1 Reply Last reply
                0
                • bubblegumyeti@mastodon.socialB bubblegumyeti@mastodon.social

                  @Daojoan It is still happening... with AI.

                  clickhere@mastodon.ieC This user is from outside of this forum
                  clickhere@mastodon.ieC This user is from outside of this forum
                  clickhere@mastodon.ie
                  wrote sidst redigeret af
                  #21

                  @BubblegumYeti Yes, that's addressed by Joan in her piece.

                  @Daojoan

                  1 Reply Last reply
                  0
                  • danbrotherston@types.plD danbrotherston@types.pl

                    @Daojoan I think most people are seduced by "passive income" not as in they don't want to contribute, but instead as a form of security. If income is passive, then you cannot be fired.

                    It of course isn't true, but I suspect this is the underlying motivation for most.

                    Or well, it would be for me, maybe I'm weird, but I do think I'm still pretty human.

                    shadows@beige.partyS This user is from outside of this forum
                    shadows@beige.partyS This user is from outside of this forum
                    shadows@beige.party
                    wrote sidst redigeret af
                    #22

                    @danbrotherston @Daojoan that’s how I feel about it, but most passive income seems exploitative, whether you’re tricking people into buying a product that they don’t need and/or exploiting cheap labor to build/maintain the product.

                    1 Reply Last reply
                    0
                    • daojoan@mastodon.socialD daojoan@mastodon.social

                      The passive income movement was a fantasy about not having to give a shit. This is a terrible foundation for pretty much anything.

                      https://www.joanwestenberg.com/the-passive-income-trap-ate-a-generation-of-entrepreneurs/

                      countholdem@mastodon.socialC This user is from outside of this forum
                      countholdem@mastodon.socialC This user is from outside of this forum
                      countholdem@mastodon.social
                      wrote sidst redigeret af
                      #23

                      @Daojoan On one hand, "passive". On the other, not so much: a sustainable range.

                      A byproduct of single solve mindset education, is to erroneously fixate on one value set. And while this tends to lend more profit for the wealthy in more subjugated masses, it eventually spells disaster for most ecosystems.

                      1 Reply Last reply
                      0
                      • daojoan@mastodon.socialD daojoan@mastodon.social

                        The passive income movement was a fantasy about not having to give a shit. This is a terrible foundation for pretty much anything.

                        https://www.joanwestenberg.com/the-passive-income-trap-ate-a-generation-of-entrepreneurs/

                        vampirepenguin@mastodon.socialV This user is from outside of this forum
                        vampirepenguin@mastodon.socialV This user is from outside of this forum
                        vampirepenguin@mastodon.social
                        wrote sidst redigeret af
                        #24

                        @Daojoan Our entire culture has been hollowed out by this thinking. And not just by fly-by-night dropshippers- people with MBAs from prestigious schools. This notion that nothing matters but the bottom line, and delivering as little as legally allowable is the correct and smart thing to do. The result is a negative feedback loop where the only thing that can compete is the shittiest thing. It's a race to the bottom and we all lose.

                        1 Reply Last reply
                        0
                        • daojoan@mastodon.socialD daojoan@mastodon.social

                          The passive income movement was a fantasy about not having to give a shit. This is a terrible foundation for pretty much anything.

                          https://www.joanwestenberg.com/the-passive-income-trap-ate-a-generation-of-entrepreneurs/

                          fuzzyfuzzyfungus@cyberplace.socialF This user is from outside of this forum
                          fuzzyfuzzyfungus@cyberplace.socialF This user is from outside of this forum
                          fuzzyfuzzyfungus@cyberplace.social
                          wrote sidst redigeret af
                          #25

                          @Daojoan It arguably looks a lot like conspiracy-theory entrepreneurship: the idea that there's a simple, but 'secret' in a contrarian they-don't-want-you-to-know sort of way, area where the game is rigged in your favor; hidden between the visible realms of being the man and grinding for the man.

                          Very much like the 'alternative medicine'; where there's some relatively trivial(compared to real medicine) miracle cure just quietly hiding out where you can find it but pharma R&D can't, for reasons.

                          1 Reply Last reply
                          0
                          • jwcph@helvede.netJ jwcph@helvede.net shared this topic
                          Svar
                          • Svar som emne
                          Login for at svare
                          • Ældste til nyeste
                          • Nyeste til ældste
                          • Most Votes


                          • Log ind

                          • Har du ikke en konto? Tilmeld

                          • Login or register to search.
                          Powered by NodeBB Contributors
                          Graciously hosted by data.coop
                          • First post
                            Last post
                          0
                          • Hjem
                          • Seneste
                          • Etiketter
                          • Populære
                          • Verden
                          • Bruger
                          • Grupper