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How rich people get rich
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this post was submitted on 23 Mar 2024
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Lefty Memes
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I agree fully, but I do want to know what the original image said before "birth lottery" was edited in
Looks like inherited is the original, but I also seen another one with "Luck"
Luck is the most generically accurate, but ultimately it does come down to birth lottery, as someone can just be born poor and disabled and no amount of post-birth luck is going to fix that.
Post birth luck can fix it. Wouldn't call Eminem a winner of the birth lottery but he was definitely pretty lucky with dr dre
Being lucky depends on being in the right situation and being able to grab the opportunity. Turns out that having rich connected parents means you get in more and better situations. Also, having money means a lot more chance to grab opportunities by easily moving for a job or go without income to take a chance without being evicted for not paying rent.
Right nation and not disabled (or even just hideous looking). Sounds pretty lucky to me
I mean, yeah, he was lucky in one sense but that luck wouldn’t have mattered without the skills underneath the he spent time developing. He didn’t just wake up one day excellent at rapping .
I think luck implies random chance. Which is completely inaccurate.
I've seen this discrepancy explained by being or putting yourself in the right situations to get lucky in the first place. You can't get lucky in the way a lot of successful people do if you never put yourself out there. I guess the very first example of this is getting conceived lol. You could have gotten lucky and been conceived to wealthy parents, or unlucky and conceived to poor parents, or really unlucky and not conceived at all, but you would certainly have perished if you chose not to even participate in the race.
I'm not rich. But I was born poor and am no longer poor. The Birth Lottery blessed me with a brain, and with that as my only asset, I learned esoteric skills which I can parley into a niche career.
But more importantly, the social safety net in my country allowed me to get an education without becoming a wage slave for the rest of my life. Without that, I couldn't have pulled this escape from poverty off.
I now run my own business. We have no employees -- only owners who have self-invested. Our business is growing and I anticipate a comfortable retirement. Haven't got rich off the working class either.
So, thank you Canada for the opportunities. I've tried to make the most of them.
So can you answer his question or did you just see an opportunity to brag about yourself.
No. I was pumping socialism as an alternative to birth lottery. Enjoy your day :)
What's that got to do with the question?
So the birth lottery of being born in Canada rather than Syria, then?
How do you run a business without employees? What kind of business is that? Just because you call someone a self-invested owner doesn't mean they aren't an employee. The only types of businesses I've heard of like this are Mary Kay and AmWay (there may be others I don't know). Basically a sales ponzi scheme where you are the wholesaler for a distributor and the "self-invested owner" bought their products from you instead of directly from the wholesaler.
I do agree with your stance on the state of education today but not in the same way. Some people party all through school and live off loans while others work during school to avoid loans. For every 1 person that takes the opportunity seriously and busts their ass to make something of themselves, there are 9 people who don't deserve the free pass. Making it free for everyone costs too much for those who have to pay for those 9.
It's a specialized scientific equipment business. I build some equipment, do some customization and repairs on their party equipment, loan other equipment, train users... A high capital business where I wagered everything on my own success. It was six months between my first two customers, and now I average about six hours.
No Mary Kay ponzi shit.
E: should add, I started it because my previous employer owned the intellectual property on my prior device. I wanted to own my future work. Seizing the means of production (by quitting and going solo).
Good for you and glad to hear from a real entrepreneur.