The first £177,835.50 is the HARDEST...

Ambitious Lifestyle Business podcast · Mar 23, 2025 · 5m

You know what they say - the first £177,835.50 is the hardest.

No, it's not the first million - though you'll be well on your way to that.

It's about getting to launch velocity - where compounding begins to do some of the heavy lifting for you.

Charlie Munger wrote in the 1998 Berkshire Hathaway Shareholder Letter that "The first $100,000 is a b****, but you gotta do it."

"I don't care what you have to do," he said. "If it means walking everywhere and not eating anything that wasn't purchased with a coupon, find a way to get your hands on $100,000. After that, you can ease off the gas a…