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Why Don’t Rich People Just Stop Working? - The New York Times
“Without ambitious projects to fill space,” he added, “there is often a void that makes some of the bigger questions hard to avoid. The things you neglected are no longer drowned out by noise; they are the signal. It’s like facing the Ghost of Christmas Past.”

In a sense, it has been going on in this country for two and a half centuries. “We are a nation founded on the overthrow of kings and the idle rich, so the hustle is deeply baked into mainstream notions of what it means to be American,” said Margaret O’Mara, a history professor at the University of Washington who is a New York Times opinion contributor.

And today’s competitive personality types are unable to slow down, in part because they fear slipping from their lofty perches.
nytimes  america  culture  wealth  psychology  hustle 
28 days ago by cmananian
Twitter
ingredients: cubed ham, celery, cherry pie filling, cloves, pillsbury biscuits
nofilter  hustle  from twitter_favs
5 weeks ago by kohlmannj
Everything I know about freelancing
You’ve probably read a lot about freelancing: Feast and famine. Where to find clients. How much to charge. These topics are fundamental, but it seems like most freelancers burn out before they get over these hurdles. Can freelancing be a stable, long-term career?
howto  freelancing  hustle 
july 2019 by locuna
Story – Leon's Electric Trout
"During the Second World War, Leon operated a modest black market sundries shop hidden behind a false wall of a small house within an Austrian village. He sold little bits of pleasure and hard to-come-by supplies: chocolate, cigarettes, gasoline, and — surprisingly popular with American soldiers — smoked trout. (..)

A few years later, he and his family won a lottery for passage across the Atlantic to the Land of Opportunity. Always the merchant, Leon sold anything from bricks to light bulbs to Buicks. His son went on to sell Polaroids on the beach as a 9-year-old. Then (years later) onto bras and then denim jeans and then glycerin soap and then TV commercials and then holograms and then insurance. (..)

And his son, me, is now here, somehow drawn to become a shopkeep of sorts in the digital age." [Leonid M. "Leon" Stychno, David Stychno]
nyc  brooklyn  designer  ecommerce  hustle  vienna  austria  chargers 
june 2019 by gohai
How we tried to hustle our way into YC after we got rejected.
We got rejected from YC S19! Bummer, right? Our product VEED - an online video editor had been doing really well recently.
veed  video  editor  hustle 
june 2019 by xer0x
Twitter
A philosopher once said, “Let’s get this bread.” 💪

We’re cooking something up! Subscribe to our newsletter…
Hustle  from twitter_favs
june 2019 by rukku
How a private equity boom fuelled the world’s biggest law firm
June 6, 2019 | Financial Times | James Fontanella-Khan and Sujeet Indap in New York and Barney Thompson in London.

Jeff Hammes took the helm at a Chicago-based law firm called Kirkland & Ellis in 2010, with the aim of turning it into a world-beater, few in the industry thought he stood a chance.......known as a good litigation firm in Chicago with a decent mid-market private equity practice, in the blockbuster dealmaking world, however, the firm was largely irrelevant. Nobody took them seriously on Wall Street.....Fuelled by explosive growth in private equity, aggressive poaching of talent and most of all, a business model that resembles a freewheeling investment bank, Kirkland has become the highest-grossing law firm in the world.....This rise reflects the shift in the financial world’s balance of power since the financial crisis. Investment banks, the dominant force before 2008, have been eclipsed by private equity firms, which now sit on hundreds of billions of dollars of investment funds.

Kirkland thrived by hitching itself to this dealmaking activity. The firm presents with a relentless — many say ruthless — focus on growth, a phenomenal work ethic and a desire to up-end what it sees as a lazy hierarchy. Key questions: can its winning streak can continue? Will its private equity clients continue to prosper? how will Kirkland cope if and when the private equity boom ends? And can a firm with such a hard-charging culture survive in the long run?....Robert Smith’s Vista Equity has grown to manage assets from $1bn to $46 in a decade while working with Kirkland.....To establish Kirkland as a major player, Mr Hammes turned his attention to recruitment. ....poaching proven M&A experts and targeting all areas of dealmaking.....To entice the best lawyers to join its ranks, Kirkland managed to exploit a structural rigidity in its more traditional white-shoe and magic circle rivals. A dwindling but still significant number of elite firms remunerate equity partners using a “lockstep” model......
Kirkland sought rising stars in their late thirties who were at the bottom of this ladder, stuck in the queue for the highest share of profits. Part of its pitch was money — “With compensation, we can go as high as we want,” says one partner — but the other part was an almost unprecedented level of autonomy.
Big_Law  booming  business_development  Chicago  compensation  concentration_risk  dealmakers  deal-making  eat_what_you_kill  financial_crises  growth  hard-charging  high-end  hiring  howto  hustle  Kirkland_Ellis  law  law_firms  litigation  mid-market  organizational_culture  poaching  private_equity  recruiting  Robert_Smith  superstars  talent  turnover  Vista  Wall_Street  winner-take-all  work_ethic  world-class 
june 2019 by jerryking

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