i just sold my company for millions and now i'm depressed lol

Summary

At 26, after selling his software company for millions, a young entrepreneur travels through Europe, spending over $100,000. Despite achieving his dreams and financial success, he feels unfulfilled. He shares that true joy comes from meaningful creation and personal growth, not external achievements or money. He emphasizes the importance of internal work, meditation, and staying true to oneself in business. He warns that chasing money alone can lead to emptiness, advocating for a focus on building valuable, authentic ventures that provide real satisfaction and fulfillment.

Takeaways

• 💰 The feeling of accomplishment from wealth is fleeting and does not bring lasting happiness.
• 🌍 Traveling and living a luxurious lifestyle, while exciting, do not equate to finding inner peace or fulfillment.
• 👨‍👩‍👧‍👦 Taking care of family and loved ones with newfound wealth can be a source of happiness and purpose.
• 🎨 True joy comes from creating something meaningful and valuable, whether it's art or a product that improves lives.
• 💼 Focusing solely on making money in entrepreneurship can lead to dissatisfaction and a lack of fulfillment.
• 🚫 Chasing money without purpose can result in unethical behavior and regrettable decisions.
• 🧘‍♂️ Internal work, such as meditation and building a relationship with a higher power, is crucial for finding peace and happiness.
• 💡 Appreciating early struggles and successes in one's career is important, as they are special times that provide unique satisfaction.
• 🛑 The pursuit of external validation and material possessions often leads to a realization that they do not fulfill the inner void.
• 💖 The value of money is in its ability to help others and contribute positively to the world.
• 🔄 It's essential to build a business or create a product that aligns with one's values and passions for long-term fulfillment.

Q & A

What is the main theme of the video script?

The main theme of the video is the realization that external success, wealth, and material achievements do not necessarily bring long-lasting happiness or fulfillment. The speaker emphasizes the importance of finding joy in the process of creation and internal work rather than relying on external accomplishments for happiness.

Why does the speaker feel unfulfilled despite selling their company for millions?

The speaker feels unfulfilled because the anticipated happiness from achieving such a significant financial milestone did not materialize. They realized that the joy they expected from external success was fleeting and that true fulfillment comes from internal peace and meaningful work.

What advice does the speaker give to those starting their entrepreneurial journey?

The speaker advises those starting their journey to focus on finding enjoyment in the early stages of their career and to create businesses or products that are meaningful and true to themselves. They warn against solely chasing money, as it may lead to emptiness and dissatisfaction even after achieving financial success.

How does the speaker describe the difference between early and later stages of their career?

The speaker describes the early stages of their career as more fulfilling because small achievements, like their first sale, brought significant joy. In contrast, later stages, even with substantial financial success, brought less happiness, highlighting the diminishing returns of external achievements.

What does the speaker identify as the only thing that currently brings them joy in business?

The speaker identifies creating art that feels true to them and building products or businesses that provide real value to the world as the only things that currently bring them joy in business.

What is the lesson the speaker wishes they had known earlier in their journey?

The speaker wishes they had known that external success would not bring the happiness they were seeking and that it was more important to appreciate the early stages of their journey and focus on internal fulfillment rather than rushing toward financial success.

How does the speaker suggest finding true peace and fulfillment?

The speaker suggests finding true peace and fulfillment through internal work, such as meditation, building a stronger relationship with God, and engaging in meaningful activities that resonate with one's true self.

What personal practices does the speaker mention that help them find peace during turbulent times?

The speaker mentions meditation as a key practice that has helped them find peace during turbulent times. They also reference their current efforts to improve their religious practices, such as prayer and Bible study, to strengthen their relationship with God.

Why does the speaker warn against chasing trends in business?

The speaker warns against chasing trends in business, such as getting into crypto or dropshipping just because others are making money from it, without considering if it aligns with one's true interests. They believe this approach can lead to unfulfilling work and potential business failure.

What is the speaker's view on the role of money in life?

The speaker acknowledges that money provides freedom and the ability to take care of loved ones, but they stress that money alone cannot bring lasting happiness or fulfillment. They believe that money's true value lies in its ability to help others and support meaningful endeavors.