TigerTedd

I’m accidentally in reading. I’ve been working here today. Didn’t even realise the match was on this evening. On my way home, but need a charge. The first charger I’ve gone to is taken, so the second charger I navigated to happened to be outside the stadium. And then it hit me that the match is on today  

my wife is expecting me home in 3 hrs. But this feels like fate is telling me I have to go to the match. 

4 hours ago, Eddie said:

I'm all for AI - purely because there's so little of the natural variety.

“We better hope there’s intelligent life somewhere up in space, because there’s bugger all down here on earth.”

8 minutes ago, Carl Sagan said:

And, given this is the theory we now need to replace to gain a deeper understanding of the Universe, how can AI possibly ever have the understanding of what it is doing and proposing, to move us on?

Well that ones easy. Just ask it ‘what is the meaning of life, the universe and everything?’

20 hours ago, Crewton said:

I see Sheff United got another ludicrous penalty decision to earn a point today. Have they won a point this season that hasn't been thanks to VAR or a referee's decision?

Them beating our 11 points has long gone, so whatevs, a few more spawns decisions like this and they might catch Forest. 

3 hours ago, DarkFruitsRam7 said:

 

Think of the Star Trek scenario. Money doesn’t exist in that world. So people work because they want to. People own restaurants and vineyards, and work for starfleet to explore the stars.

id like to think we get to that sort of position. Where the motivation is not money, but following your dream and the kudos of being the best at it.

the one thing I never understood about that economy though, is how does the federation deal with other economies that do deal with money. Like how do they buy drinks at quark’s bar? Where do they get the Latinum from?

I might ask chat gpt. 

8 hours ago, Red_Dawn said:

I’m embarrassed

Also, you’re a Forest fan, and THIS is the thing that embarrasses you. We’ve finally found the bottom of your barrel. 

8 hours ago, Red_Dawn said:

we’d all be applauding

Speak for yourself. Who’s this ‘we’.

Here’s one of my favourite facts. As much as I’m talking about the incomprehensibility of what a million quid actually is for us mere mortals, think about this:

1,000,000 seconds = 1.653 weeks. 

1,000,000,000 seconds = 31.71… YEARS!!

so as incomprehensible and out of reach as a millionaire is to us, that’s how millionaires must feel about billionaires. 

and oxfam reckons we’ll have our first trillionaire soon (which, if you’re interested, is 317 centuries!!!!). 

1 hour ago, SSD said:

I think one major aspect is living within your means. I appreciate it's really difficult at the moment with costs of every day life. From all the podcasts and books I've read on money over the years, a key theme I see is many rich folks completely cut out "wants" at the beginning. I see so many people who have taken on loans and debt who cannot pay it back quickly and they are stuck with it for potentially decades. I read somewhere in a paper that car loans account over a quarter of the average full time worker's salary for many under 30s. It highlights this desire to buy the newest, shiniest thing. New phone, new car, new clothes etc.

I'm not exactly stating this will make you a millionaire. Cutting back on wants, not needs, will always give you more security financially. 

I probably fit into this category. No matter how much I earn, I always tend to find a way to spend just a little bit more than what I earn. I’ve got debt, but I’m not afraid of debt. I’d rather get the things I want / need now, and pay them off over time, than save for them and buy them later.

Our holiday to Florida went on a credit card. If I’d have waited til I could afford it, I’d be taking my grandkids. Now I’ve got a holiday my kids will remember forever.

could it be argued that they’d remember a holiday to mablethorpe just as much? No, that bull s***, Florida was amazing and I make those credit card payments with a smile on my face knowing what they bought me and my family.

Honestly, that’s the only thing I’d do if key was no issue. I’m happy with my house, I’m happy with my car, I just want to travel and make memories with the kids (and maybe pay off my credit cards). 

19 minutes ago, SillyBilly said:

Like anyone I can only speak from my own experience, starting businesses is incredibly easy as you'll know, £12 easy to be specific, making any money from them is somewhat tougher, as you actually fairly allude to. But you're set apart from most in any case, as you're having a go of it, most don't, so there is that, and I commend anyone having a shot! 

And yes the first £M is the hardest but the point remains I wouldn't even concern myself for a moment about the ease of the second, or third, or even what you'd do with it all or rather not do with it, before you've joined the first £1M club that very few sit in. And membership of course needs to be earned as talk is really quite cheap in life, so make the million first. I'm admittedly cyncial to the point I can probably be ignored but only because enthusiasm for one's business isn't all that unique and after hearing it a thousand times before about how "this time next year Rodney" your eyes do glaze over. Particularly when you see how few times it actually gets executed. There this is oddity too, where when family, friends or just general associates get a whiff of you being in business this means by default you invite them to give you elevator pitches of their great ideas that noone else has thought of...this can make one even grumpier as its all so easy apparently 😅

I hope it all works out for you and best of luck. I really admire anyone who has the cajones to take a challenge on like running a business, and if you take on staff, you'll be doing your bit for the collective good to...

I do t think I will join the £1m club. I think this is the first time I’ve really, really seriously looked at the big figures I could earn, because this is the first time it’s been realistically in my grasp.

its when I worked out what I could potentially earn in a week, like £10k a week, which to me seems an astronomical weekly amount. And I thought, well surely if I’m earning that much, the I must be on the road to achieving the ‘this time next year’ dream. Then I realised the maths are simple. £10k x 52 weeks = barely half a mil. 

I just don’t think people appreciate, I certainly didn’t, just how much £1m actually is. When we talk about footballers fees, and wages, and how much Elon musk pays for twitter etc. they’re all just numbers. And when millionaires negotiate over irises, they don’t negotiate over the penny’s, they negotiate in terms of millions. Like ‘okay, you’ve worn me down, we’ll pay £20 mil instead of £18 mil. 

this thread wasn’t really a ‘look at me I’m starting a new business’ kind of thread. It’s more borne out of that realisation. Average wage is about £750 a week. There have definitely been times in my life where’d I’d have been very happy to earn that. But I’m talking about maybe earning more than 10x as much as that, and that is still half as much as I’d need to earn to actually earn a mil in a year. And it’s a quarter of what a lot average footballers earn each week  

its just that something doesn’t feel quite right about that. The disparity is phenomenal. I guess I’ve always known that, but only really thought about it (over analysed it, obsessed over it) now. 

11 minutes ago, SillyBilly said:

Perhaps some would but I don't know any of them and I know a few personally. IME, they're ordinary people with perhaps extraordinary bank balances, to say otherwise would be giving too much credit in any case. So I doubt there would be much of an investment in time comprehending anyone elses' contentment vs their own, another families problems or concerns vs their own etc. So as ordinary as anyone else in every other way. Its the same problems for everyone IMO, money doesn't shelter anyone from relationship problems, deaths, internal struggles etc. 

FWIW I don't think (rich) people are easily able to draw a line of before and after either. As if you morph into a different person and suddenly start seeing the world differently. Perhaps if an angle is to portray a "them and us" mentality then that may apply, for me, it doesn't. You earn £20-30k a year? Well, your lifestyle adjusts to the income, along with all its challenges. Earn £60k? Your lifestyle adjusts. Earn £120k, again it moderates, the transition almost seamless through the income levels. £250-500k...you'd be surprised how this then becomes a new "normal", just like the £20-30k once did. However, at no point do you wake up and feel any different, you're the same person. May not be worrying about the rent payment at month end on the latter end of the scale but life feels much the same apart from that. If I went back to square one I would adjust back to a new income...because I'd have to, its as simple as that. And still nowhere I feel more comfortable than my modest childhood home, never leaves you.

Anyway, I'm at risk of trying to defend when I only want to offer my perspective, which could be different to others. I know I wouldn't have bothered without financial reward though, pay me a wage and I'd deliver in accordance to what I feel that wage deserves in terms of effort. I've always had pride in any work at any payscale, PAYE or own businesses, but with the former its wrapped in conditions, so I can understand a union mentality (as per Ram-Al). Albeit, uncap it in the latter and I will be incentivised to make things happen. One of my businesses is an appreciable exporter so I like to think these are jobs I have genuinely brought to the U.K., all of those jobs started as an idea in my head at some point in time, ideas which cost me money with no returns for quite a few years in some cases, a lot of sweat equity too...but in the end, genuine income in foreign currency coming into our country (not recirculating the same currency within domestic services) & a lot of tax money to pay for public services. If you capped at some point along the way, with a hypothetical 100% above an arbitrary number as postulated upthread, what is the incentive for people like me to do anything other than create my own job, hire a few employees to whatever the limit the then government decides is "reasonable" for me to live off? Fundamental misunderstanding of human nature, even if that nature is not liked. We live in an international world, if we don't fulfil the export need here, someone else would in another country.

 

I definitely se shout point. I earn a lot more now than I did 5 years ago. But our lifestyle has changed, our kids do more activities, we’ve got slightly over cars with bigger payments, we’ve been on some nicer holidays with the credit cards payments to pay back. And we have 2 more kids, which doesn’t help. So I still end up with the same (basically nothing) money at the end of the month. 

But I still reckon there’s a point at which you’re accumulating money faster than you can spend it.

Like you work hard to get to a mil a year. Or 2 mil, or whatever arbitrary number. But the. You fit have to work much harder to get to 10 mil or 20 mil. That wasn’t really the aim when you started working hard. The aim was to earn a decent wedge to live comfortably. Be a millionaire or whatever that looks like. But at some point, money just makes money and then you’re accumulating money for the sake of it. You can go on your super luxury holidays, and drive your super luxury cars, and send your kids to private school and yet you still make more money. So you buy property and invest in other businesses and make more yet more money.

There has to be a point at which you just don’t need any more money. There’s more than you know what to do with. 

19 minutes ago, Ram-Alf said:

Paradise is a place in the mind, Do the good things and life is good to you, Even the simple things can make life worthwhile.

We didn't quite live under a bridge, March 81 until Oct 84...no work, Miners strike, Falklands war, 5million on the dole...but bad enough👎

My Epilogue

2 offspring, Male and Female, Both are doing extremely well in their lives and I'd like to think that somewhere along that road I had a little influence, I've made some bad decisions in my personal life things I'm not to pleased about...but history stays the same...it can't be changed, When at RR the money was pouring in, She too was working, Holidays in the States/Canada, 2 trips to Europe every year, Meals out, Weekends away, On the lash from Friday to Sunday night with others of the same ilk.

Then life changes in one instance and it all falls apart, We split up(9 years ago)now divorced, All the things we did became routine, Beer, Football, Bedroom activity, Family, Holidays, We were together for 40 years, She bailed as she'd had enough and fare play to her, It took me a full year to work out how to cook, Work a washing machine/hoover/Iron and all the other things that come with being on your own, I've had 5 Lady friends all great in their own right, But each had things that I couldn't or wouldn't handle, So excused myself and bailed out.

Now 9 years down the line, I love life, I can choose where, When and how I live, No one to look after, I see friends occasionally and have a beer and a giggle, Then back home to a place I love, Being single for some is the end of the world...for me it's a new day and the game continues...☺️

   

That’s awesome. In a word, life. You got me worried now that my wife will grow tired of me after 40 years. (15 years this month (I believe we got married on the same day this forum was founded)).

but I guess your story goes to show that you can have set backs and they probably suck at the time, but you find a new normal one way or the other, and then those set backs are just history. So no need to worry. 

PS during the period you mention, I was born. So it wasn’t all bad. 

4 hours ago, Ram-Alf said:

£16,250...that's how much, I'm single and mortgage free and 68 in 3 months time, I don't owe anyone anything, I refuse to have credit and don't own a credit card, I pay everything on my debit card or cash, I live in a 2 bed semi bungalow, I sold my car recently(free bus pass)still shop in the whoops isle at times...not because I can't afford the other things but because I get a deal, I go out on the lash once a week, I can holiday anywhere in the world I choose as I can afford too, But I choose to stay in the UK.

I wake up every Morning with a smile on my face and it's nowt to do with my genitalia, Life is great, Yes money plays a huge part in my life as I've earned it through hard work and investments, I've had nowt...back in the early 80s when millions had nowt life was tough, I've walked miles to get free food parcels(Thanks David Bookbinder)to feed our family...there's more...but I can see posters getting teared up 😉

I wish you well in your endeavours to chase the end of the rainbow, but be careful as life is what you make it and money can fcuk with your mind if that's all you're focussed on.  

This is great. And without wishing my life away, it sounds like paradise. 

but… it’s like all those films where the dad walks away from his big business trip to watch his kid hit the home run in the big game. That’s all well and good. But it doesn’t show the epilogue where the dad is fired and the family end up living under a bridge.

real life means having to earn a living. I often find myself torn between, am I working too hard and not spending enough time with my kids, or am I working hard now so that they’ve got a financially secure future and in a couple of years time we can go on great holidays and I can spend loads of time with them. And if I keep doing that, how long does it take, how long can I keep saying ‘this time next year’ before I start changing my goals to spending time with the grandkids instead, because I’ve missed the opportunity with the kids entirely?

2 hours ago, SillyBilly said:

90% are the most industrious people you could meet (send them an email at 1am and you get a reply at 1.10am), not born with money and with massive risk appetites that would make ordinary people throw up with worry. And also entirely comfortable with the idea of being solely responsible for their own fate/income (vast majority want the security of the State or an employer). Their mindset is totally different. Yet we focus on politicians or landed gentry/inherited money as if they're wholly representative.

You’ve pretty much described me a to a tee there.

im not sure what business forum I’m part of (although I have signed up to a lot of things with the same user name), but you are right that I don’t have to worry about installing a Scrooge mcduck swimming pool just yet. I’ve been starting businesses since 2009, or even before that since I was a freelance graphic designer at uni. But it’s always been a slog just to break even. 

There’s something different about this latest venture though. It’s very exciting, and moving at a ridiculous pace. I think, as much as I’m that person you describe, I’m missing something to take it to the next level. More than 150 ish transactions a day would terrify me. That’s when I would have to start thinking about a big work force. Up to 150 transactions a day and I can still pretty much handle this myself, with my trusty wife at my side, and maybe an apprentice. Beyond that, we’re talking investors and offices and that’s all a bit scary.

but that’s kind of what I was getting at in the original post. There is that next next level where that isn’t so scary, and once you make your first million the second comes easier. I always set that money breeds money. And I guess it all snowballs from there. I don’t think I’ll ever be at that next next level. Like I couldn’t imagine being the owner of Tesco, for example, with thousands of staff and locations and things to manage. That’s all just too big for my tiny mind to comprehend.

not saying they don’t earn their money, but I just wouldn’t know what to do with that kind of money. 

Do t even need to think about it or analyse it. Chris Martin is welcome back any of the day for me. My favourite player of recent times. 

8 hours ago, Crewton said:

It's no wonder some of the LTLF kiddies prefer watching our games to their own team's.

I have to be pedantic about this. Normally I’d be right whine you. But not in the week were involved in a 0-0 bore draw, and they’re involved in a 5 goal thriller. For entertainment value, I have to admit they’ve won this week.

but we’re one point close to them after this weekend. 

3 hours ago, Comrade 86 said:

Think most of your post is probably rhetorical, but the above is an interesting conundrum. The government trialled UBI in a couple of regions in England beginning June 2023. Ultimately, that's going to be how things go, I reckon as AI in all its forms, will replace huge numbers of workers and probably very soon.

https://www.theguardian.com/society/2023/jun/04/universal-basic-income-of-1600-pounds-a-month-to-be-trialled-in-england

To be honest, I’m not entirely sure if I was coming to a point. But I got there in the end. 

Sometimes I just think, there is so much money out there in the world. Why can’t I seem to get my hands on any of it?

and then I realise I’m probably not the only one thinking this way. Why can’t we all get our hands on it?

id be ecstatic with a mil a year. I’d be ecstatic with half a mil a year. I’d be ecstatic with half that even. How much does a person really need to live a comfortable, happy life.

there should be a rule. A mil a year, that’s the most anyone could possibly need. After that you get taxed 100%. 

1 hour ago, ram59 said:

'Pompy' only squeezed past bottom of the table Fleetwood and don't appear to be playing with a lot of confidence, P'boro seem to be marching on and were impressive at PP. Bolton who were also on a great run and looking in a very strong position, were deservedly beaten by Orient.

The top 4 have effectively squeezed a little bit closer after today's games, with Derby being bottom of the 4, in effect.

If everyone won their games in hand, pompey and Bolton would swap. We’d still be in 3rd. 

I’m doing a business plan in Excel. It’s fun to adjust the figures to a very best case scenario and see that this time next year I’ll be a millionaire.

i get about £15 per transaction. In my wildest dreams I might do 3000 transactions a month. That’s £45,000 a month. That’s £540,000 a year. 

now for me that’s an eye watering amount of money and would set me up for life. But what I’m hoping my whole company will earn in a month, baring in mind I’ve got overheads and staff wages to pay, an average footballer earns in a week. 

Even just hypothetically playing around, I can’t even imagine the amount I’d need to do to make a million a year. Not to mention the fact that it would be taxed to f***. But is still be living the dream.

So, the point of all this is, how do millionaires earn so much money? How is there so much money in the world and normal people can barely imagine the vast sums. 

And billionaires earn millions a day. Where does all this money come from? Surely there’s enough money in the world for every one to earn a very healthy wage each year. 

Maybe when AI has taken all our jobs, we could set it on the task of redistributing the wealth. 

Truck drivers and taxi drivers too. Surely the whole point of investing in autonomous vehicles is to negate the need for drivers and completely decimate that industry. 

I think it’ll probably get worse before it gets better, there will be some pain ripping off the plaster.

but the vast majority of people’s dream scenario is to not have to work 60 hr weeks, but to live on a beach drinking cocktails (or something similar).

Currently that reality is only for the select few that win the lottery. But in a future where 90% of jobs are done by ai, it’s a realistic goal for everybody. But there will be a lot of pain to get there I think. I have absolutely no faith that the process will be well managed. I doubt there is any sort of plan in place. 

Toney’s gonna get ya. 

11 hours ago, Carl Sagan said:

Am currently writing a book on AI and am curious about the forum's views. Do many people on here use the new generative capabilities? Do you use other manifestations?

Do you think the world will have changed much in the next 5, 10, 20 years?

What are your hopes and dreams for it? What about your fears?

And will a robot footballer ever play for Derby County?

I use it. I use it to help me write formulas in excel and vba. Although I find it incredibly frustrating when we go round and round in circles, only to find that its information is out of date. Ie it tells me to click on this option, but the option doesn’t exist.

also, we’ll go round and round only to find what I’m asking is impossible. It seems to wager to please. I wish it would just say ‘what you are asking is not possible.’ Nice and easy, I’m a big boy, I can take it. 

I’ll be using it to write policies and contracts next. Could save me a fortune on a legal team and a load of time. And I’ve used it to write lesson plans.

my dreams are that ai can do a load of jobs for us, allowing us to genuinely think about a 3 or 4 day working week as the norm. People are afraid about unemployment, and I think there will have to be a major culture change. Imagine if robots did everything. That’s the dream right, and we can all follow our own dreams. Write a book etc. But will the world work if no one has a job? Who pays for the all the robots? And would the rich and powerful let it happen?

I fear for Deeney’s managerial career. It’s not much of a CV. 6 games, 3 pts, and rooted to the bottom of the entire league. Even Rooney is more appealing than that. 

4 hours ago, Stive Pesley said:

An excellent article here which covers all the reasons why 

https://lasp.colorado.edu/mop/files/2019/08/Humans-Will-Never-Colonize-Mars.pdf

 

Go back in time to the 16th century and tell them we’ve been to the moon. They won’t believe you.

these are all just problems to be solved, and humans are nothing if not problem solvers. 

2 hours ago, cstand said:

It’s better to follow your dream and enjoy the experience even if you ultimately fail. 

Also the spin offs from SpaceX, science, technology, engineering and data collection will be incredibly beneficial to society.

 

 

 

 

Star link, for example. I’m a big fan of that.