Amit G Patel

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Amit G Patel

Amit G Patel

@Amit_G_Patel

Engineer

New York, USA Katılım Temmuz 2014
168 Takip Edilen75 Takipçiler
Amit G Patel
Amit G Patel@Amit_G_Patel·
@thesamparr @J_W_Sinclair Interesting! I can relate on a smaller level compare to you but then I question if it’s a right way to think about life! Living for the time( legacy ), when we won’t be alive! I guess whatever keep the momentum and flow going.
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Sam Parr
Sam Parr@thesamparr·
@J_W_Sinclair @Amit_G_Patel Before I just wanted to survive. Now I want to make sure my reputation or hard work can survive after I'm dead. Also care about reaching full potential vs just getting to a comfortable place like before. i'm more ego driven now.
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Sam Parr
Sam Parr@thesamparr·
What’s the difference between a $10m, $100m, and $1b lifestyle? Asked this question in Hampton's Slack community since we have people worth $10m - $2b. A few takeaways from the 50+ replies: $50k – $100k liquid • The first “I feel rich” for many in 20s. • Bills stop hurting. You breathe. • $1M net worth rarely changes anything. In high-cost cities, it’s just “comfortable professional.” Still very income-dependent. $10M liquid - This is the first real unlock. • Safety net feels permanent • You stop looking at the right side of the menu • Business-class by default, 5 hotels when you want • You can cover friends’ flights to make trips happen • Life doesn’t run you anymore. $20M–$25M liquid: • “I can spend $50k/mo forever and still compound.” • Nicer primary home (or rent ultra-nice; fewer ownership headaches) • Staff for convenience (nanny, cleaners) • Family support start to be normal, not “splurge” $50M liquid • Cash flow is thick and hard to fully redeploy. • 2nd homes, extended travel • Serious privacy planning begins • You’re learning trusts, tax vehicles, and who to not trust $100M: • Life becomes frictionless. • Fly private often (some buy; many rent because ownership is work) • Full household team + exec assistants + specialists • Family office(s), capital allocation becomes a job • You choose projects; problems get solved without you Past $100M • personal lifestyle doesn’t change much—scale and privacy do. • Land for privacy buffers • Private gyms/courts/spas at home • You’ll never fly commercial unless you want to $1 billion • Money becomes institutional. • You never see a bill • Global properties, fully private travel • Governments, universities, and CEOs court you • It’s legacy season: foundations, endowments, monuments A few real anecdotes from the thread: • A billionaire bought a pro sports team mid-flight on his jet. His right-hand guy became COO. • A friend group dropped $200k–$300k on a yacht week just to get everyone together. • Multiple members set up dual family offices (JPM + independent) to manage life + investments. The biggest trap everyone warned about: • “Coming into money without accomplishing anything is a curse.” • Lottery-winner energy breaks people. Purpose > purchases. Cash flow > net worth (psychologically). • Even people with $50M–$100M feel “poor” during low-cashflow years. Meaning, even if you have a high net worth -- if your business income goes away even if you don't need it, it feels horrible. Mentally brutal. What actually brings joy at scale: • Buying back time (coaches, chefs, pilots, concierge) • Funding memories (fly the whole crew, pick up every tab) • Being present (one member took a year as a stay-at-home dad - “wouldn’t trade it for anything”) What gets old fast: • More “stuff” to manage • Identity tied to net worth • Chasing bigger dopamine (toys) instead of deeper meaning (health, family, service, community) -- Ok, that's it - that's my ChatGPT summary of all the replies!
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Paul Graham
Paul Graham@paulg·
If you're trying to sell a domain name, quote a price. I often help startups find new names, and we always just skip the names that say "make offer." A name is not even interesting until you know what it costs.
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Amit G Patel
Amit G Patel@Amit_G_Patel·
@thesamparr Question! How do you make $100 with a newsletter early in the game. I know there is no need for domain name for newsletter. Asking in general.
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Sam Parr
Sam Parr@thesamparr·
New rule: make at least $100 in sales before you buy a domain name for your internet project.
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Sam Parr
Sam Parr@thesamparr·
I damn near almost forgot: Elon Musk is a cofounder of OpenAI. Wild.
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Sam Parr
Sam Parr@thesamparr·
I might need a cohost for today's pod. Tag someone interesting...
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Amit G Patel
Amit G Patel@Amit_G_Patel·
@SergioRocks Nevermind I saw the image. I can do it but can use JavaScript not typescript. I can find somebody for typescript if you want.
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Amit G Patel
Amit G Patel@Amit_G_Patel·
@SergioRocks Maybe you are not looking at right place? :) What technology you need to get it build on?
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Sergio Pereira
Sergio Pereira@SergioRocks·
The internet: "Layoffs! Layoffs everywhere! Winter is coming!" Also the internet: "Can't find a frontend dev for this one-month gig. Paying $25k!" 1/5
Sergio Pereira tweet media
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Sergio Pereira
Sergio Pereira@SergioRocks·
My salary increases in the first years of my career: 2012: 3% 2013: 7% 2014: 2% 2015: 5% 2016: 500% Can you spot when did I start working remotely for a US company? Remote work is changing lives in low wage countries. It did change mine. Forever.
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Amit G Patel retweetledi
Larry Kim
Larry Kim@larrykim·
🦄Leadership Journey in Sketches
Larry Kim tweet media
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Amit Shekhar
Amit Shekhar@amitiitbhu·
Build projects or Leetcode?
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Amit G Patel
Amit G Patel@Amit_G_Patel·
@EnvyV07 Some are working hard to boost inflation rate.
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Amit G Patel
Amit G Patel@Amit_G_Patel·
@EnvyV07 Lol ya it’s a gamble for me at this point. Let’s see!
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Amit G Patel
Amit G Patel@Amit_G_Patel·
@EnvyV07 Gas price is too high on it. Solana is almost free.
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