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I am rich and have no idea what to do with my life

By Vinay Hiremath

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Total length: 6:36
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In one sentence

Financial freedom did not automatically produce purpose. Hiremath’s attempts to replace Loom with increasingly dramatic projects exposed a dependence on urgency, status, and externally legible achievement. His tentative answer is to stop forcing a spectacular next chapter and honestly investigate his insecurities while allowing intrinsically satisfying activities—such as learning physics—to be worthwhile even without a grand outcome.

Overview

Written from Hawaii on January 2, 2025, the essay recounts the year after Hiremath sold Loom. He rejected a $60 million compensation package because money had already fulfilled its main function: freedom. Yet freedom left him without the pressure and certainty that had organized his life for a decade.

He first pursued robotics, constructing a persuasive story about labor shortages and geopolitics before recognizing that he mainly wanted the identity and stature associated with being “like Elon.” After a difficult period of travel and recurring conflict, he ended a loving relationship and began confronting insecurities connected to Loom’s growth, layoffs, and his identity becoming fused with the company’s success.

He then climbed two Himalayan peaks despite inadequate preparation, rediscovering that deliberately doing hard things gives his life energy. That experience led unexpectedly to four intense weeks working with DOGE, where urgency and a clear mission made work exhilarating. But he ultimately concluded that even an important mission could distract him from the more personal work he needed to do, so he left for Hawaii to study physics and accept uncertainty.

Core ideas

Freedom can remove the structures that made life feel meaningful

Money solved the problem of compulsory work but also removed deadlines, necessity, and a ready-made identity. The resulting emptiness was not evidence that freedom had failed; it revealed how much purpose had been supplied by Loom’s demands.

A grand project can be sophisticated avoidance

Hiremath repeatedly chose ambitious, impressive pursuits—robotics, extreme climbing, government reform—as possible “life callings.” He later recognized that some were attempts to avoid sitting with insecurity and ambiguity, or to preserve a heroic self-image.

Status motives are easy to disguise as principles

His robotics rationale sounded like a set of first-principles arguments, but the honest motive was partly wanting to resemble a prominent founder. The lesson is not that large projects are illegitimate, but that a compelling external narrative can conceal personal status-seeking.

Difficulty is not merely a means to achievement

Mountaineering reminded him that exertion itself is central to his vitality. Hard things may provide texture, discipline, and aliveness even when they do not advance a career or solve a problem.

Urgency and mission are powerful—but not universally therapeutic

DOGE demonstrated how speed, talented collaborators, and an undeniable mission can generate extraordinary energy. Yet that intensity could not resolve his insecurities. A mission may activate someone without addressing the personal issue underneath their restlessness.

Intrinsic learning may be enough

In Hawaii, physics begins as a possible preparation for manufacturing, but he is practicing a less instrumental attitude: enjoying learning even if it produces no company, status, or spectacular achievement.

Insignificance is a serious challenge to his identity

The unanswered questions expose the essay’s central conflict: he struggles with the possibility of an ordinary or undefined life, with disappointing others, and with undertaking a journey only when it appears grand.

Practical takeaways

Caveats and counterpoints

Questions worth revisiting

Return to this when…

Return to this essay when a major achievement, financial security, or career transition has removed your usual structure and you feel pressure to invent an equally impressive next mission. Its reminder: uncertainty and apparent insignificance may be conditions to inhabit, not problems to disguise.

References

  1. Original I am rich and have no idea what to do with my life