Yup, you are correct. Billionaires didn’t fell into money, they stole money. From the poor.
Comment on Billionaires shouldn't exist
Draupnir@lemmy.world 17 hours ago
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
TxzK@lemmy.zip 15 hours ago
Draupnir@lemmy.world 11 hours ago
And how do you propose they stole it?
Viking_Hippie@lemmy.dbzer0.com 15 hours ago
AmbiguousProps@lemmy.today 15 hours ago
surely that means you’re a billionaire who knows how to actually work, then, right? since that’s all it takes?
Draupnir@lemmy.world 11 hours ago
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.
DmMacniel@feddit.org 11 hours ago
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!
Draupnir@lemmy.world 11 hours ago
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 more money, or are they spending earnings on distractions?
RandomVideos@programming.dev 11 hours ago
How do you define work?
Draupnir@lemmy.world 10 hours ago
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.
null@slrpnk.net 1 hour ago
Can you give a practical example of how someone can start with no money, and “work” their way up to $1B?
Draupnir@lemmy.world 24 minutes ago
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.
RandomVideos@programming.dev 10 hours ago
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?
forrgott@lemm.ee 17 hours ago
How’s that boot taste?
5too@lemmy.world 9 hours ago
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.
Draupnir@lemmy.world 6 hours ago
• 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.
ryedaft@sh.itjust.works 15 hours ago
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?
Draupnir@lemmy.world 11 hours ago
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.
5too@lemmy.world 9 hours ago
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?
Draupnir@lemmy.world 6 hours ago
Sounds like a good excuse to stop yourself from starting and continue pointing fingers at someone else. 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.
DmMacniel@feddit.org 15 hours ago
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.
Draupnir@lemmy.world 11 hours ago
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.
DmMacniel@feddit.org 11 hours ago
And what comfortable lie would that be?
Draupnir@lemmy.world 11 hours ago
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.