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This assumes billionaires fell into money. Not true. The person with two jobs puts in more hours ongoing, but they either aren’t or don’t know how to actually work
How do you define work?
There’s many facets, but some core tenets are to be highly focused, highly committed, and increasingly efficient in efforts to make a goal (in the right direction) happen.
The idea I’m thinking of explicitly here though is scaling this definition to hold increasing amounts of leverage over time. To put it simply, your continued highly focused, efficient, and effective work leads to a system where more work gets accomplished overall, and the time that you put in accomplishes much, much more.
Can you give a practical example of how someone can start with no money, and "work" their way up to $1B?
John Paul DeJoria: Born to immigrant parents in Los Angeles, DeJoria faced early adversity when his parents divorced, leading him to live in a foster home at age two. By nine, he was selling newspapers and Christmas cards to help support his family. After periods of homelessness and working odd jobs like janitor and door-to-door shampoo salesman, he co-founded John Paul Mitchell Systems in 1980 with just $700. Later, he launched Patrón Tequila, revolutionizing the premium tequila market. His net worth stands at around $4 billion, per Forbes, a testament to his self-made journey.
How would you define accomplishing stuff and what do you mean by accomplishing more? Does selling something to someone count? Does creating something for your own use count? Does creating entertainment for other people count? Does doing something to better your mental health count? What about doing something to better another persons mental health? Does selling an addictive product count?
What billionaire didn't start out with a healthy infusion of cash? Sure, some turned millions into billions, but I don't know of any that didn't start with a line on several millions of investment available.
• Oprah Winfrey • Howard Schultz • John Paul DeJoria • Ralph Lauren • Jan Koum • Shahid Khan • George Soros • Leonardo Del Vecchio
Now you know. You can look up their stories yourself. Now stop perpetuating the false dogma that somehow these people are special and unique and have something that you don’t. You can do it too, you just choose not to.
You have more in common with a begging homeless guy than a billionaire. Face it, there is a class divide and we need to do something about it.
Alright man so you want me to satisfy your worldview and sit and point fingers with you at the billionaires for causing you to be where you are. Okay, cool! It’s their fault bro. They steal from you and keep you down.
Feel better? Now where are you?
You’re living a comforting lie if you allow yourself to keep repeating this dogma to yourself, and yet you are in no better of a place in the end.
And what comfortable lie would that be?
And just for reference I do have a rather comfortable live but I see the poor and miserable who need to beg.
While I can give them some comfort my financial means are highly limited. You know whose means aren't as limited? Billionaires.
Thanks for the context. The comfortable lie is that billionaires are the reason there is a class divide. It’s sinister to believe this both because it is not the correct solution to the problem of inequality, and that it makes the situation feel so wildly out of the power of a person that they do not take action to improve.
It is noble to want to provide comfort, but that is just giving a man the fish. The person first needs to decide to take action against the situation, and also know about the means they have to improve. Giving comfort can be hurtful in that it trains them to rely on the hope of a comfort in their day, rather than to rely on themselves to change their situation.
Billionaires are a symptom of social inequality. And just like in health you treat the symptoms first if unable to treat the root cause.
And by moving money from billionaires to actual projects that increases infrastructure and equality for everyone e.g. putting the money to work, isn't that a good and just cause?
Isnt a solidary society be something we as humans should strive for?
Yup, you are correct. Billionaires didn't fell into money, they stole money. From the poor.
And how do you propose they stole it?
surely that means you're a billionaire who knows how to actually work, then, right? since that's all it takes?
Nope, not a billionaire. But I can see a path to it and yes, work is what it takes. But one needs to have the right understanding of work and what that means to do it and scale what work is for you.
Ridiculous.
In the USA you have an average annual income of 65k. From which you pay rent and living each month.
You need to be lucky in investment to be able to retire at 65 with just s million dollars.
You are talking about BILLIONS!
You’re making the wrong investments then. You don’t get wealthy by gently contributing to a 401(k) and hoping for insane appreciation. Average US citizen works a full-time job, 9-5 probably right? Then what do they do with their 5-9? Are they doing things that align themselves with actions that are more likely to make them money, or are they spending earnings on distractions?
Hear that, lower class? All you have to do to become a billionaire is not spend money on distractions! If you do that using your two minimum wage jobs, and also don't spend anything on rent or food, then it will only take you 33,156 years of working 80 hours a week to become a billionaire! It's really that easy, you just have to know how to "work".
🤣 we are clearly on very different trajectories. Good day to you!
Goddamn, victim blame much? Most of them are trying to survive!
Sounds like a pretty lofty assumption
More lofty than your assumption that people didn't know how to work? Continue licking that boot, I'm sure you'll be a billionaire any day now!
👍🏼
Then what do they do with their 5-9?
I don't know, how about actually living a life?
If by actually living a life you mean things like going out with friends, playing games/fun hobbies, spending time with family, going to dinner, etc. then that’s fine! But that’s the cost of staying where you are. And on the other side, the path to wealth costs the sacrifice of these things temporarily for a period in life. Each is the cost of the other.
You know who doesn't have to choose between a life with friends, hobbies and family?
Billionaires.
Why do you suck up to them? What do you hope to get out of this?
The difference is they went through the period of sacrifice and now they’re past it. You can’t compare their end with your beginning. And no, I’m not sucking up to them. I don’t give a shit about any of them, but what I do give a shit about is victim mindset, and people like you going online to bitch about things out of your control so you can give yourself the excuse not to start and provide yourself with the comfort that the excuses you’re making to not get somewhere better is actually the right move.
The difference is they went through the period of sacrifice and now they’re past it.
only when you believe that they actually earned it by working for it, and not how its most often through inheritence, that they raised through the ranks via Peter-Principle or that they were damn lucky in lottery or being at the right place at the right time.
But I'm sorry. You are a capitalist while I am a socialist. We won't ever see eye to eye on this matter.
How's that boot taste?
Just get a better paying job is what you are saying? Or start a company, but remember that it needs to be a successful company?
If someone wants to break the cycle and have a stab at a better life, then I do believe that yes, business and hard as hell work to make it happen is the cost. Most people would rather sit in comfort and point blame at some external figure for their misfortunes, yet they are in no better of a place in the end.
A better paying job can help certainly. And it can ease the pressure of being a lesser earner if treated responsibly. But in the end, working a job is still working for someone else and taking all your time to do so. Someone could run a business in a way that they create a full-time job for themselves and still end up here.
Great! Most new businesses fail, which makes sense given the people starting them are new at this. Billionaires often have had several failed attempts. The difference is, they have room to fail and try again.
How do we give others that chance, if not by keeping billionaires from hoovering up all the resources?
Sounds like an excuse to stop yourself from starting and continue pointing fingers at someone else. Also, sounds like you think they are somehow special and unique and have powers that you don’t. They’re a human just like you. Everybody fails at everything at some point, but the differentiating factor is whether you’re going to pick yourself up and keep going with the new information you’ve gotten. It doesn’t cost anything to hedge against risk and make a plan for potential failure, and you certainly don’t need to be a billionaire to do it.
They do have something special that the rest of us don't have. They have money.
That's what I mean when I say they have room to try again. They don't go broke when their business fails, so they can try more than once. Most of us don't have the time or resources to have another go without some serious recovery time.
This is propagating your limiting beliefs and connecting their end with your beginning. Many have don’t this and started from scraps in the working class.