All points i totally agreed on you but you fall short in this.
life-work balance is most crucial things in this.
ask people who are in dead beds who said they made enough money to survive for 5- 7 lifetime.
when ask about last wishes They would say something different,they will never say making more money.
Money is just a tool don't make it life.
Life is a about experience.
again work-life balance is important.
i hope you get my point
Work-life balance is for people who work for others.
Ask who that's in their dead bed?
It's NOT about the money. That's the whole point.
It's about living to your maximum potential and building what you wanted to build.
Do you think Andrew Carnegie regreted his life on his deathbed and wished he'd just spent more time with family and friends? No. He didn't

If he had any regrets it would be not being able to donate all his money to causes he wanted to donate to.
Andrew Carnegie gives you insight into the mind of a real entrepreneur.
Making enough money to "survive" is by very definition a pure fear mindset. People who are very successful are not interested in making money to survive.
It's about achieving your dreams. Whether that's to send a rocket into space, colonize mars or just simply see how much damn money you are capable of making, because it's a game.
That's what Andrew Carnegie did. The game of money. At the end of it all he gave as much of it away as he could. Do you think the world was worse off because of him? Not only did he revolutionize America, he donated so much money all over the place for the next generation, that the majority of it you wouldn't even know was because of him.
99.99% don't understand the mindsets of billionaires.
Do you think Elon Musk wants work life balance?
And in fact, what you find is most successful people when they retire, get damn bored. There's only so many rounds of golf you can play. Only so many beaches you can sit on and do these guys really want to be spending all their time with their grandkids?
The problem is, the vast majority of people who talk about work life balance have NO idea the joy you get from building your own company. From making real money. From seeing something through to fruitition. The power to create.
When you work some shit job with an asshole boss who drives you mad, then yes, you ABSOLUTELY need work life balance.
When you're a self employed small business owner, or someone with a handful of staff and porsche payments to make, then yes, you need work life balance, because your job is hard.
If your net worth is $50mil+ and you're running companies with over 50 employees, and growing year on year, then you do not need work life balance. You wake up in the morning, EVERY morning like a kid on christmas morning. I do most days. I fucking LOVE my business. I get so damn excited I find it hard to switch off. I get ultra bored watching movies and TV. I couldn't think of anything worse than sitting about watching movies all day and having balance. The thought of not being able to work for 14 hours+ a day, or as long as I want is PAINFUL. It's like pulling me out of the waterpark when I was kid.(Heck, it's like pulling me out of the water park now

)
Not everyone SHOULD be an entrepreneur.
Some people love to write.
Some love to paint.
Some love to code.
Some love to copywrite.
Some love to design logos.
You can certainly make good money doing something you love, but the core problem is 85% of the population is unhappy, and they think money will make them happy, and they think the way to get money is running a business.
The key to happiness is first, do what you love, then find out how to make more money doing what you love, and as you do that you find you don't actually need anywhere near as much money as you thought, because every day, you are doing what you ENJOY.