What Is Your Definition of Success or Having "Made It"?

CreditMadrid's picture
Rank: King Kong | 1,079

Hello monkeys,

The question in the title above is pretty self-explanatory. The term success is an immensely subjective terms and I am interested to hear what the community has to say on the topic.

EDIT: Personally for me, my definition of having "made it" would be becoming wealthy to the point where I have "fuck you money", owning multiple homes across the world, having different luxuries, and having a good wide and family. I'll know I've done my job right as a parent once I see my kids becoming even more successful than me. Being able to enjoy my life, travel, and pursue my different interests without having to worry about everyone else is a successful life imo.

Comments (51)

Jul 12, 2017

You're taking that $150k number too far. "Those types of people." Lol smh.

My eventual goal is to own my own company. I would rather not say what kind, and it's not a tech startup or app, but I'm envisioning a relatively stress-free lifestyle in my later years.

So long as I can travel a shit ton, keep a stable relationship with my SO, afford to send my kids to any school they choose, have a nice Kassad Inc. portfolio with a few properties + investments, afford funemployment within reasonable timeframes, and drive an M5 or AMG C63 or whatever electric sedan goes really fast, I'm golden.

If I die with $20mm in net worth, I'd consider my life to have been a 10/10, outstanding success.

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Jul 12, 2017

That was a completely different thread and I wasn't taking it that far. The point of it was that engineering/developers don't really care about making a TON of money versus making a solid amount.

But those are some pretty great goals. I respect that.

Jul 12, 2017

Add in an Aston Martin and that's pretty much my dream life

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Jul 12, 2017

Starting my own successful holding/investment company + wealth and a happy family.

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Jul 13, 2017

Make enough money to go into politics to reform the U.S legal/incarceration system. I am centrist on most issues, but how America handles crime disgusts me to my core.

From shackling nonviolent juveniles with 20 pounds of chains, indiscriminate strip searches regardless of type of prisoner, sex offender registry for teens who sext because it is 'child porn', solitary confinement on the mentally ill, etc.

"The degree of civilization in a society is revealed by entering its prisons." - Fyodor Dostoyevsky

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Jul 13, 2017

What's stopping you from working on that now?

Jul 13, 2017

Can't be a good politician unless you have fuck you money.

Jul 17, 2017

I am entering college in a few months so I am in no position to change anything besides interning for various groups and helping out where I can.

But the real crux of the issue is that an issue as complex as criminal justice reform either a lot of money to influence nationwide politics (Koch/Soros), or have enough money to be able to stand up for what you believe as a politician instead of simply changing your ideas to win re-election. Working for a non profit is noble but they wield little power compared to wealthy individuals/senators.

Criminal justice reform is an issue that requires politicians to have a serious backbone which is why things have descended into insanity in the last thirty years because anytime someone tried to change something they were labeled 'soft on crime' although they were being smart on crime. For example the sex offender registry is too severe in that kids who sext or people who publicly urinate get put on it, but if you try to change it the headlines would "POLITICIAN WANTS TO HELP PREDATORS!!!"

You need money to either buy off politicians/influence headlines or enough to stand strong against the lowest common denominators.

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Jul 13, 2017

+1

Work hard, work clean, & most of all do not give up.

Jul 13, 2017

"A successful man is one who can lay a foundation from the bricks others throw at him."

If I am to have a successful life by its ending, I will have proven wrong all those who wrote me off when I was a lesser man.

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Jul 13, 2017

The ability to use my time as I wish, whilst adding economic value to the community/society that I belong.

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Jul 16, 2017

+SB

Jul 13, 2017

Success is defined as the ultimate goal reached after facing lot of hardships, obstacles and struggles that lead to a beautiful destination.

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Jul 13, 2017

3 commas or bust

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Jul 13, 2017
han brolo:

3 commas or bust

This used to be my goal, but now I'm living pretty comfortable. I mainly want 3 commas not for the money or the boats and cars, but for the control and ability to move around large companies and influence the world in a positive way.

"If you always put limits on everything you do, physical or anything else, it will spread into your work and into your life. There are no limits. There are only plateaus, and you must not stay there, you must go beyond them." - Bruce Lee

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Jul 13, 2017

Elite mentality

Jul 13, 2017

I personally thought I had "made it" when I no longer had to take jobs I didn't like or want. Having different choices and opportunities (about jobs, location, countries) make my life more free and enjoyable.

Best Response
Jul 13, 2017

Living in Marbella, driving around in a classic Jaguar with a constant rotation of 20yr olds with daddy issues

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Jul 13, 2017

This is probably a way better idea

Jul 13, 2017

Yeah, sign me up.

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Jul 13, 2017

Only potential hard part is the 20yr olds. Take care your health and watch your pockets :)

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Jul 14, 2017

Lol Seconed.

Jul 13, 2017

Net worth of atleast $100mm for me.

Ran the number's when I graduated college, need to grow my net worth by like 28% per year. I've been averaging like 45% or so but I'm still in that stage where income/ savings are driving my net worth growth, not investments, so it will probably level out in the next couple years.

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Jul 13, 2017

IMO, Success is being able to fulfill your passion while meeting basic needs.

My bar is relatively low. $1.6MM in the bank is enough to do the entrepreneurial stuff I want (open a gym, launch a few apps, buy a farm, write some books, etc), trade a little on my own, and raise a family in the country. I suspect most people on here have a much larger number and ambitions of power. Yeah, I'd rather be a $3 billionaire, but I'm a pragmatist first.

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Jul 13, 2017

I like this. I just want a quiet life as well. Also travel and free time to pursue my interests

heister:

Look at all these wannabe richies hating on an expensive salad.

https://arthuxtable.com/

Jul 14, 2017

Yep.

Jul 14, 2017
HazelJ:

IMO, Success is being able to fulfill your passion while meeting basic needs.

My bar is relatively low. $1.6MM in the bank is enough to do the entrepreneurial stuff I want (open a gym, launch a few apps, buy a farm, write some books, etc), trade a little on my own, and raise a family in the country. I suspect most people on here have a much larger number and ambitions of power. Yeah, I'd rather be a $3 billionaire, but I'm a pragmatist first.

$1.6MM isn't enough to do all those things.

"If you always put limits on everything you do, physical or anything else, it will spread into your work and into your life. There are no limits. There are only plateaus, and you must not stay there, you must go beyond them." - Bruce Lee

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Jul 14, 2017

Why not? What am I missing? @Isaiah_53_5
$100k/hectacre, $300k home construction cost, CF gym is 30k + variable, I write my own code and don't mind using India..., I'm a vet and will retire from the AF Reserve. My kids can pay for their own college. I spend $1700 month (excluding rent), not going to live in NYC.

Jul 16, 2017

fellow farm lover! im going to guess you're from the city / suburbs as well.

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Jul 17, 2017

Burbaroni!

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Jul 14, 2017

Rich enough to have your own jet. Rich enough not to waste time. Fifty, a hundred million dollars, buddy. A player. Or nothing.

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Jul 14, 2017

speaking from someone who manages money of people who've "made it," I can attest it's not a number. @IlliniProgrammer thinks like this too, but the happiest wealthy people I know have the comfort to know they can walk away from work whenever they want and live their lives off of their war chest. if that means you want to have enough to give your dogs rolexes and fly a new private jet every year, so be it, but that number is different for everyone.

so there it is, the definition of success. I'll feel successful once I've reached that point myself, but I think being born in America, graduating college, getting married, and having a good career is already a healthy amount of success, so if everything implodes tomorrow, I'll still probably be happy.

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Jul 14, 2017

then by all means, accumulate wealth for the sake of accumulating wealth. not saying others are wrong, just in my experience, the dollar amount itself doesn't define success for most people.

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Jul 14, 2017

Having the "safety" saved or well-invested money provides to quit my job whenever I want but not doing so because I like it.

"I'm into, uh, well, murders and executions, mostly."

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Jul 16, 2017

I actually have loved my job since I started, so I think I wouldn't mind playing it out to the end. However, I hate having to come to an office everyday. I just want to get to the point where I can work from home, and maybe come to the office every now and then to structure deals for some of the bankers when they want to go through my desk. My boss does this, makes a mil a year and lives in an entirely different state because he's so good - goals.

Jul 16, 2017

no yacht, no happiness

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Jul 16, 2017

I want to be able to self-fund a senate campaign by 55 without damaging my QoL. Estimate for that is 100mm. (Assuming by that point a senate campaign in the states I'm targeting [MT, WY, KY] has roughly doubled in cost to 20-30MM).

University of Chicago

Jul 17, 2017

Moving to a farm to open and run an animal sanctuary, raising a good family with children who are fiscally responsible, ensuring my parents are proud of me. Oh yeah, and money for the farm and animal sanctuary.

I don't need a private plane or a yacht. I want to do my parents proud and make sure I have enough money saved to send my kids to the best schools possible.

Having grown up in and around the city I honestly want to move to a secluded place, am in love with upstate NY as well as Maine

Life is too short, yes it's a cliche / catch 21 but it is true.

What are we doing to better our community? We can make money and have an impact on people... all you have to do is have the guts to step put of sync and do something you care about.

Do I have the guts yet? No. Therefore I have not made it.

Jul 17, 2017

Catch 22 baby

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Jul 17, 2017

thanks for the catch

Jul 16, 2017

I want "fuck you" money too, much like other people. I'm following this subreddit called "FatFIRE" or financially independence, retire early.

I'm working in my job right now to learn skills that will eventually allow me to buy property and live off the cash flow. I want to drive around in nice cars, life's too short to not ball out (within reason of course).

I'd say my goal is $10-20mm. I enjoy some of the tasks I have to do, like cooking and driving, but I also want the option of hiring help if I need it/don't want to do it.

Jul 16, 2017

I don't believe there is such a thing as making it in life. Life will always be challenging and money will change your problems or challenges but it doesn't eliminate all problems magically. In my 20s I felt differently, of course. I understand the ask is also about success, at the core I think someone who is truly content with what they have chosen to accomplish is successful imo, even if that may be considered undesirable or not prestigious by others.

Jul 17, 2017

If this really is a serious question, I would define success as making enough money for you to not worry about everyday needs, to feed your family (or your future family if not married yet), and most importantly be able to have at least couple people who you could call Mentor and Mentees.

Just be happy. Don't overly compare your self to your peers or agonize over why you did't get in this year's 30 under 30. Try to enjoy what you have accomplished so far and the future you envisioned.

Having a luxury car, $100+ million mansion all sounds good (to me too), but not a must.

Fine if you disagree

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Jul 17, 2017

Happy kids, with an understanding of work ethic that also have their education paid for. A house on a lake with more boat than is needed, a nice farm that is paying for itself (ideally paid off and taxes). A small motorcycle collection, large gun and guitar collection. Enough time/money to go on a few hunting adventures. Maybe a small plane, think Cessna. Finally, enough cash remaining for my children to feel secure off of, but adding to in order to hand down to the next generation and so on.

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Jul 17, 2017

Simple answer:

$10 is a lot of money if all your wants and needs are $9.
$10 is not a lot of money if your needs are $11.

Add(subtract?) as many zeroes as you need to make that happen

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Jul 17, 2017

Buying the Houston Rockets

Jul 18, 2017
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Jul 19, 2017
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Jul 19, 2017