2. “You need a business to achieve financial freedom” - Deepstash
2. “You need a business to achieve financial freedom”

2. “You need a business to achieve financial freedom”

Some people want to retire by a certain age. A lot of people like the number 40 for some reason.

People have done the math. If you want to retire by 40 and want to spend $4K a month, you need at least $2.5 million in retirement savings.

That’s why many motivational speakers advocate for being a business owner. Because “very few people can become millionaires by being an employee.”

But while it’s great to have a profitable business, you really don’t need to be a full-time entrepreneur. Financial freedom is all about having options like an online business, rental income etc.


630 reads




Operations geologist

The myths about money.

The idea is part of this collection:

What Is Opportunity Cost

Learn more about moneyandinvestments with this collection

The impact of opportunity cost on personal and professional life

Evaluating the benefits and drawbacks of different choices

Understanding the concept of opportunity cost

Related collections

Similar ideas to 2. “You need a business to achieve financial freedom”

Types of people

Types of people

Category 1: Losers

People who always see negative in everything and put in the least amount of effort or no effort at all. They are least bothered about what is happening around them. They will only crib and complain about how the world is. They will say someth...

Read & Learn

20x Faster





Personalized microlearning

100+ Learning Journeys

Access to 200,000+ ideas

Access to the mobile app

Unlimited idea saving

Unlimited history

Unlimited listening to ideas

Downloading & offline access

Supercharge your mind with one idea per day

Enter your email and spend 1 minute every day to learn something new.


I agree to receive email updates