---
title: "Meaning & Key Takeaway of: There's been a myth perpetuated where…"
description: "\"There's been a myth perpetuated where people think, 'I need to go into consulting, banking, finance, law, or medicine to make a consistently reasonable..."
image: "https://sms4smile.com/quotes/i/7be/fred-ehrsam-12993_finance_there-s-been-a-myth-perpetuated-where-pe_2056304.jpg"
---

#  There's been a myth perpetuated where people think, 'I…

![“There's been a myth perpetuated where people think, 'I need to go into consulting, banking, finance, law, or medicine to make a consistently reasonable amount of money.' People are now realizing that's not the case.” quote by Fred Ehrsam](https://sms4smile.com/quotes/i/7be/fred-ehrsam-12993_finance_there-s-been-a-myth-perpetuated-where-pe_2056304.jpg)   [Download](https://sms4smile.com/quotes/i/7be/fred-ehrsam-12993_finance_there-s-been-a-myth-perpetuated-where-pe_2056304.jpg) [Open image](https://sms4smile.com/quotes/i/7be/fred-ehrsam-12993_finance_there-s-been-a-myth-perpetuated-where-pe_2056304.jpg)

> “There's been a myth perpetuated where people think, 'I need to go into consulting, banking, finance, law, or medicine to make a consistently reasonable amount of money.' People are now realizing that's not the case.”

[Fred Ehrsam](https://sms4smile.com/quotes/author/fred-ehrsam/)

## About This Quote

This interpretation was drafted with AI assistance. It is one reading of the quote, not the author's own explanation.

Many believe high‑pay careers are limited to traditional professions, but alternative paths can also yield steady income.

**In simple terms:** Good money isn’t only from consulting or law.

Key Takeaway

Explore diverse career options.

Themes

career choices financial independence misconceptions

Mood

thoughtful realistic

Type

advisory informative

When to use this quote

- entrepreneurship
- freelancing
- remote work
- creative industries
- gig economy

Key Concepts

economics career theory social expectations

Questions to Reflect On

- What alternative careers could provide stable income?
- How can you assess financial viability outside mainstream jobs?

A Different Perspective

Traditional fields still dominate high‑pay markets for some.

★ ★ ★ ★ ★   No ratings yet

[Finance](https://sms4smile.com/quotes/about/finance/) [Law](https://sms4smile.com/quotes/about/law/) [Medicine](https://sms4smile.com/quotes/about/medicine/) [Money](https://sms4smile.com/quotes/about/money/) [People](https://sms4smile.com/quotes/about/people/)

## Related quotes

> [If you're meant to do something like writing and you end up going into banking or finance, your going to be miserable. You're trying…](https://sms4smile.com/quotes/robert-greene/if-you-re-meant-to-do-something-like-writing-and-you-end-up-going/)

[Robert Greene](https://sms4smile.com/quotes/author/robert-greene/)

> [I have a real kind of fundamental philosophical belief that movies are better if everyone gets paid when they work, and if they don't…](https://sms4smile.com/quotes/jason-blum/i-have-a-real-kind-of-fundamental-philosophical-belief-that-movies/)

[Jason Blum](https://sms4smile.com/quotes/author/jason-blum/)

> [Im not really one for the whole fame game. I love to act and Im not going to pretend I dont like the money…](https://sms4smile.com/quotes/chris-evans/im-not-really-one-for-the-whole-fame-game-i-love-to-act-and-im-not/)

[Chris Evans](https://sms4smile.com/quotes/author/chris-evans/)

> [We are told there is not enough money for education, but somehow there is enough money for people to raise billions of dollars to…](https://sms4smile.com/quotes/phylicia-rashad/we-are-told-there-is-not-enough-money-for-education-but-somehow-there/)

[Phylicia Rashad](https://sms4smile.com/quotes/author/phylicia-rashad/)

> [To some people, bankers - code word for Jewish - and guess who Obama's assaulting? He's assaulting bankers. He's assaulting money people. And a…](https://sms4smile.com/quotes/rush-limbaugh/to-some-people-bankers-code-word-for-jewish-and-guess-who-obama-s/)

[Rush Limbaugh](https://sms4smile.com/quotes/author/rush-limbaugh/)

> [There are people who have money and people who are rich.](https://sms4smile.com/quotes/coco-chanel/there-are-people-who-have-money-and-people-who-are-rich/)

[Coco Chanel](https://sms4smile.com/quotes/author/coco-chanel/)

> [“All of our time, energy, and money go into keeping people away from us, into building up walls. What if we didn't do that?…](https://sms4smile.com/quotes/edward-bloor/all-of-our-time-energy-and-money-go-into-keeping-people-away-from-us/)

[Edward Bloor](https://sms4smile.com/quotes/author/edward-bloor/)

> [I imagine like most of us that I'd like obscene amounts of money but the people I met and worked with who have those…](https://sms4smile.com/quotes/jason-isaacs/i-imagine-like-most-of-us-that-i-d-like-obscene-amounts-of-money-but/)

[Jason Isaacs](https://sms4smile.com/quotes/author/jason-isaacs/)

> [Money doesn't make the man. Some people have money, and some people are rich.](https://sms4smile.com/quotes/anonymous/money-doesn-t-make-the-man-some-people-have-money-and-some-people-are/)

[Anonymous](https://sms4smile.com/quotes/author/anonymous/)

> [In life there some empty spot which cannot be filled by money but only people, thats why everybody is trying so hard to date…](https://sms4smile.com/quotes/anonymous/in-life-there-some-empty-spot-which-cannot-be-filled-by-money-but/)

[Anonymous](https://sms4smile.com/quotes/author/anonymous/)

> [The great thing about money is that people can use it to buy things they need instead of things self-appointed experts think they need.](https://sms4smile.com/quotes/rutger-bregman/the-great-thing-about-money-is-that-people-can-use-it-to-buy-things/)

[Rutger Bregman](https://sms4smile.com/quotes/author/rutger-bregman/)

> [They say money is nothing but people dont say it haters do.](https://sms4smile.com/quotes/teady/they-say-money-is-nothing-but-people-dont-say-it-haters-do/)

$Teady

> [“When one spends what he has on himself, when one has a thoroughly good time with his own money, people are apt to say…](https://sms4smile.com/quotes/henry-miller/when-one-spends-what-he-has-on-himself-when-one-has-a-thoroughly-good/)

[Henry Miller](https://sms4smile.com/quotes/author/henry-miller/)

> [I just hate meetings. Though it's true that once you've made a lot of money, people around you might be full of ideas about…](https://sms4smile.com/quotes/j-k-rowling-2/i-just-hate-meetings-though-it-s-true-that-once-you-ve-made-a-lot-of/)

[J. K. Rowling](https://sms4smile.com/quotes/author/j-k-rowling-2/)

> [I'll invest my money in people.](https://sms4smile.com/quotes/will-keith-kellogg/i-ll-invest-my-money-in-people/)

[Will Keith Kellogg](https://sms4smile.com/quotes/author/will-keith-kellogg/)

## More by Fred Ehrsam

> [Sales conducted on-chain through smart contracts couldn't really be done before Ethereum, which is why they are a newer concept. I think this style…](https://sms4smile.com/quotes/fred-ehrsam/sales-conducted-on-chain-through-smart-contracts-couldn-t-really-be/)

[Fred Ehrsam](https://sms4smile.com/quotes/author/fred-ehrsam/)

> [OpenAI is doing important work by releasing tools which promote AI to be developed in the open. Compute power is largely produced by NVIDIA…](https://sms4smile.com/quotes/fred-ehrsam/openai-is-doing-important-work-by-releasing-tools-which-promote-ai-to/)

[Fred Ehrsam](https://sms4smile.com/quotes/author/fred-ehrsam/)

> [AIs are only as good as the data they are trained on.](https://sms4smile.com/quotes/fred-ehrsam/ais-are-only-as-good-as-the-data-they-are-trained-on/)

[Fred Ehrsam](https://sms4smile.com/quotes/author/fred-ehrsam/)

> [I'd guess blockchains will be the full-blown backbone of virtual worlds - the system for currency, assets, identity, even governance - before doing the…](https://sms4smile.com/quotes/fred-ehrsam/i-d-guess-blockchains-will-be-the-full-blown-backbone-of-virtual/)

[Fred Ehrsam](https://sms4smile.com/quotes/author/fred-ehrsam/)

> [Make no mistake - Ethereum would never have existed without Bitcoin as a forerunner. That said, I think Ethereum is ahead of Bitcoin in…](https://sms4smile.com/quotes/fred-ehrsam/make-no-mistake-ethereum-would-never-have-existed-without-bitcoin-as/)

[Fred Ehrsam](https://sms4smile.com/quotes/author/fred-ehrsam/)

> [Bitcoin has a core technological innovation: The ability to publicly verify ownership, instantly transfer that ownership, and do so without the need for a…](https://sms4smile.com/quotes/fred-ehrsam/bitcoin-has-a-core-technological-innovation-the-ability-to-publicly/)

[Fred Ehrsam](https://sms4smile.com/quotes/author/fred-ehrsam/)

> [When you drill down, blockchains are really a shared version of reality everyone agrees on. So whether it's a fully immersive VR experience, augmented…](https://sms4smile.com/quotes/fred-ehrsam/when-you-drill-down-blockchains-are-really-a-shared-version-of/)

[Fred Ehrsam](https://sms4smile.com/quotes/author/fred-ehrsam/)

> [At GDAX, we want to see new protocols and their tokens flourish.](https://sms4smile.com/quotes/fred-ehrsam/at-gdax-we-want-to-see-new-protocols-and-their-tokens-flourish/)

[Fred Ehrsam](https://sms4smile.com/quotes/author/fred-ehrsam/)

> [Just like mutations to DNA in biological organisms allow for evolution through natural selection, forking lets us run multiple experiments in parallel where the…](https://sms4smile.com/quotes/fred-ehrsam/just-like-mutations-to-dna-in-biological-organisms-allow-for/)

[Fred Ehrsam](https://sms4smile.com/quotes/author/fred-ehrsam/)

> [The fundamentals of the token model are valuable and powerful. They allow communities to govern themselves, their economics, and rally a community in powerful…](https://sms4smile.com/quotes/fred-ehrsam/the-fundamentals-of-the-token-model-are-valuable-and-powerful-they/)

[Fred Ehrsam](https://sms4smile.com/quotes/author/fred-ehrsam/)

> [Redistributing tokens is a balancing act. In most cases, forks probably want to keep ownership for users constant so users have at least the…](https://sms4smile.com/quotes/fred-ehrsam/redistributing-tokens-is-a-balancing-act-in-most-cases-forks-probably/)

[Fred Ehrsam](https://sms4smile.com/quotes/author/fred-ehrsam/)

> [Bitcoin is inherently international, and one of its great promises is it enables cross-border payments in a more efficient way.](https://sms4smile.com/quotes/fred-ehrsam/bitcoin-is-inherently-international-and-one-of-its-great-promises-is/)

[Fred Ehrsam](https://sms4smile.com/quotes/author/fred-ehrsam/)

> [When the actual Bitcoin network launched in 2009, no one knew about it, and many of those who did thought it would surely fail.…](https://sms4smile.com/quotes/fred-ehrsam/when-the-actual-bitcoin-network-launched-in-2009-no-one-knew-about-it/)

[Fred Ehrsam](https://sms4smile.com/quotes/author/fred-ehrsam/)

> [Scaling is multidimensional. Different methods address different things.](https://sms4smile.com/quotes/fred-ehrsam/scaling-is-multidimensional-different-methods-address-different-things/)

[Fred Ehrsam](https://sms4smile.com/quotes/author/fred-ehrsam/)

> [Private funding was one of the first methods used when MIT funded Bitcoin core developers Gavin Andresen, Wladimir van der Laan, and Cory Fields…](https://sms4smile.com/quotes/fred-ehrsam/private-funding-was-one-of-the-first-methods-used-when-mit-funded/)

[Fred Ehrsam](https://sms4smile.com/quotes/author/fred-ehrsam/)

[Explore all 52 Fred Ehrsam quotes ](https://sms4smile.com/quotes/author/fred-ehrsam/)

## More Finance quotes

> [Judge a person not by his ability to make money but by his ability to retain it.](https://sms4smile.com/quotes/vikrant-parsai/judge-a-person-not-by-his-ability-to-make-money-but-by-his-ability-to/)

[Vikrant Parsai](https://sms4smile.com/quotes/author/vikrant-parsai/)

> [I believe that simple, consistent shifts in our thinking and actions can lead to the miraculous in all aspects of our daily lives, including…](https://sms4smile.com/quotes/gabrielle-bernstein/i-believe-that-simple-consistent-shifts-in-our-thinking-and-actions/)

[Gabrielle Bernstein](https://sms4smile.com/quotes/author/gabrielle-bernstein/)

> [“Time wasted can never be compensated”](https://sms4smile.com/quotes/sunday-adelaja/time-wasted-can-never-be-compensated/)

[Sunday Adelaja](https://sms4smile.com/quotes/author/sunday-adelaja/)

> [One of the things that's great about New York is that it is not a one-industry town. It has education, academia, the service industry,…](https://sms4smile.com/quotes/sarah-jessica-parker/one-of-the-things-that-s-great-about-new-york-is-that-it-is-not-a-one/)

[Sarah Jessica Parker](https://sms4smile.com/quotes/author/sarah-jessica-parker/)

> [If you consider yourself a part of the culture, then finances can't allow you to be bigger than the actual art form.](https://sms4smile.com/quotes/curtis-jackson/if-you-consider-yourself-a-part-of-the-culture-then-finances-can-t/)

[Curtis Jackson](https://sms4smile.com/quotes/author/curtis-jackson/)

> [“Your calling multiplies you”](https://sms4smile.com/quotes/sunday-adelaja/your-calling-multiplies-you/)

[Sunday Adelaja](https://sms4smile.com/quotes/author/sunday-adelaja/)

> [The reason that minorities and women don't have a better shot at getting elected to the Senate or to statewide office is because the…](https://sms4smile.com/quotes/carol-moseley-braun/the-reason-that-minorities-and-women-don-t-have-a-better-shot-at/)

[Carol Moseley Braun](https://sms4smile.com/quotes/author/carol-moseley-braun/)

> [a TEN-YEAR-OLD lad in Indianapolis who was arrested for picking up coal along the side of railroad tracks is now in jail. If the…](https://sms4smile.com/quotes/mother-jones/a-ten-year-old-lad-in-indianapolis-who-was-arrested-for-picking-up/)

Mother Jones

> [Ever since I stopped worrying about finances, I've made more money than I ever thought I'd make in my life.](https://sms4smile.com/quotes/bryan-cranston/ever-since-i-stopped-worrying-about-finances-i-ve-made-more-money/)

[Bryan Cranston](https://sms4smile.com/quotes/author/bryan-cranston/)

> [“Suckers think that you cure greed with money, addiction with substances, expert problems with experts, banking with bankers, economics with economists, and debt crises…](https://sms4smile.com/quotes/nassim-nicholas-taleb/suckers-think-that-you-cure-greed-with-money-addiction-with/)

[Nassim Nicholas Taleb](https://sms4smile.com/quotes/author/nassim-nicholas-taleb/)

> [My background is around economics and finance; yet, of course, in professional services, talent is key. And for many of our clients, whatever the…](https://sms4smile.com/quotes/pierre-nanterme/my-background-is-around-economics-and-finance-yet-of-course-in/)

[Pierre Nanterme](https://sms4smile.com/quotes/author/pierre-nanterme/)

> [I don't really have any faith in anybody enjoying photographs in a large enough sense to matter. I think it's all about finances, on…](https://sms4smile.com/quotes/garry-winogrand/i-don-t-really-have-any-faith-in-anybody-enjoying-photographs-in-a/)

[Garry Winogrand](https://sms4smile.com/quotes/author/garry-winogrand/)

> [“Time is the source of all things”](https://sms4smile.com/quotes/sunday-adelaja/time-is-the-source-of-all-things/)

[Sunday Adelaja](https://sms4smile.com/quotes/author/sunday-adelaja/)

> [“Time is a running factor; once it goes, it cannot be reclaimed”](https://sms4smile.com/quotes/sunday-adelaja/time-is-a-running-factor-once-it-goes-it-cannot-be-reclaimed/)

[Sunday Adelaja](https://sms4smile.com/quotes/author/sunday-adelaja/)

> [“Money is created from time”](https://sms4smile.com/quotes/sunday-adelaja/money-is-created-from-time/)

[Sunday Adelaja](https://sms4smile.com/quotes/author/sunday-adelaja/)

[Browse all 1,842 Finance quotes ](https://sms4smile.com/quotes/about/finance/)

```json
{
    "@context": "https://schema.org",
    "@graph": [
        {
            "@type": "Quotation",
            "text": "There's been a myth perpetuated where people think, 'I need to go into consulting, banking, finance, law, or medicine to make a consistently reasonable amount of money.' People are now realizing that's not the case.",
            "creator": {
                "@type": "Person",
                "name": "Fred Ehrsam"
            },
            "isPartOf": {
                "@id": "https://sms4smile.com/quotes/#website"
            },
            "url": "https://sms4smile.com/quotes/fred-ehrsam/there-s-been-a-myth-perpetuated-where-people-think-i-need-to-go-into/",
            "about": {
                "@type": "Thing",
                "name": "Finance"
            },
            "@id": "https://sms4smile.com/quotes/fred-ehrsam/there-s-been-a-myth-perpetuated-where-people-think-i-need-to-go-into/#quotation",
            "image": {
                "@type": "ImageObject",
                "@id": "https://sms4smile.com/quotes/i/7be/fred-ehrsam-12993_finance_there-s-been-a-myth-perpetuated-where-pe_2056304.jpg",
                "contentUrl": "https://sms4smile.com/quotes/i/7be/fred-ehrsam-12993_finance_there-s-been-a-myth-perpetuated-where-pe_2056304.jpg",
                "url": "https://sms4smile.com/quotes/i/7be/fred-ehrsam-12993_finance_there-s-been-a-myth-perpetuated-where-pe_2056304.jpg",
                "width": 1080,
                "height": 1080,
                "caption": "“There's been a myth perpetuated where people think, 'I need to go into consulting, banking, finance, law, or…” — Fred Ehrsam",
                "creditText": "SMS4Smile Quotes",
                "creator": {
                    "@id": "https://sms4smile.com/quotes/#organization"
                }
            }
        },
        {
            "@type": "BreadcrumbList",
            "itemListElement": [
                {
                    "@type": "ListItem",
                    "position": 1,
                    "name": "Home",
                    "item": "https://sms4smile.com/"
                },
                {
                    "@type": "ListItem",
                    "position": 2,
                    "name": "Quotes",
                    "item": "https://sms4smile.com/quotes/"
                },
                {
                    "@type": "ListItem",
                    "position": 3,
                    "name": "Fred Ehrsam",
                    "item": "https://sms4smile.com/quotes/author/fred-ehrsam/"
                },
                {
                    "@type": "ListItem",
                    "position": 4,
                    "name": "There's been a myth perpetuated where...",
                    "item": "https://sms4smile.com/quotes/fred-ehrsam/there-s-been-a-myth-perpetuated-where-people-think-i-need-to-go-into/"
                }
            ],
            "@id": "https://sms4smile.com/quotes/fred-ehrsam/there-s-been-a-myth-perpetuated-where-people-think-i-need-to-go-into/#breadcrumb"
        },
        {
            "@type": "WebSite",
            "@id": "https://sms4smile.com/quotes/#website",
            "name": "SMS4Smile Quotes",
            "url": "https://sms4smile.com/quotes/",
            "publisher": {
                "@id": "https://sms4smile.com/quotes/#organization"
            }
        },
        {
            "@type": "Organization",
            "@id": "https://sms4smile.com/quotes/#organization",
            "name": "SMS4Smile Quotes",
            "url": "https://sms4smile.com/quotes/",
            "logo": {
                "@type": "ImageObject",
                "url": "https://sms4smile.com/quotes/wp-content/themes/sq/assets/icons/icon-512.png",
                "width": 512,
                "height": 512
            }
        }
    ]
}
```
