My dear Jack, you’re going to hurt yourself trying to keep up with the Joneses. You’ve got to know your limitations in life, know the lifestyle you can afford and what you can’t afford. Don’t go and join a club you can’t afford for example. It’s not just about annual subscription, there’s a lifestyle attached. If you can’t afford a boat why join a boat club? It’s a minimum requirement not so? It’s not enough to buy the boat, you must also buy the lifestyle. There are administrative expenses attached to owning a boat. There’s parking fee and maintenance fee. You’re a young entrepreneur. Every penny you spend you have to make it by yourself. You can’t spend what’s not in the bank. The boat bill of a multinational corporation CEO is borne by the company. It’s part of the package. But you don’t have such a package. It’s why you can’t compare yourself to such people. And everyone at the boat club can tell you’re struggling to pay those club subscriptions. I mean how are you going to keep up the $50,000 subscription every year? Your business needs the money. It’s an annual subscription. How will you afford it? How are you going to sustain it?
