Comment on Billionaires shouldn't exist
5too@lemmy.world 1 day agoGreat! 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 1 day 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.
5too@lemmy.world 20 hours ago
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.
Draupnir@lemmy.world 19 hours ago
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.
AmbiguousProps@lemmy.today 19 hours ago
Not in 2025. The age of “self made” billionaires has passed, and you missed the chance. Now, the current billionaires will gladly work you to the bone and steal your money and life.