This is it. Although the selfmade millionaires are few and not many they are complete workaholics. The ones who inherited wealth are the ones screwing around and spending their money.
At a certain point these individuals aren’t really contributing much. They’re keeping themselves busy with unnecessary meetings, networking activities, etc.
If upper management takes a month off work at a steady company, not a lot of things slow down.
In Dutch there’s this joke: “netwerken is net werken.” Roughly translates to “networking is almost like work.”
Nobody’s “selfmade”. That’s a myth perpetuated by Forbes, WSJ and the like to decrease resentment towards the people whose boots they lick for a living.
In reality, no matter how hard you work, you need the help of others to be successful and to be downright RICH, you need a whole lot of luck too.
Nope. If someone with a net worth of $100m or more takes a gamble and loses, the company goes under and people lose their jobs while the rich guy gets a loan or a tax write-off.
“Seeing opportunities” for huge possible gains for yourself with all significant risks being to people much less fortunate than you and taking it isn’t a virtue, it’s self-centered greed.
And what my statement was meant to convey is the fact that the ventures you so laud are all reward and no risk for the rich and all risk and no reward for the poor.
If it had been a game of crabs, the rich would be rolling 4 loaded dice, picking which two count after throwing. The poor would have one dice at most, the most beneficial numbers missing at all times.
You don’t understand what selfmade means. It means they did not inherited a fortune500 company at the age of 25. Selfmade means they started from a situation where they had a degree and a simple common job and made into a billionaire. Obvioisly no single person can create and manage a 20000 person company on its own, no one ever said it is like that.
I understand just fine. What I’m saying is that using that word implies that they have earned all their wealth and are more deserving than others who didn’t have the same help and luck. More deserving than others with the same background who have worked just as hard with less help and/or luck along the way.
Whether or not that’s the intention, that’s the implication and thus why using the word at all skews the conversation.
Literally semantics and who gives a shit. Erm ackshually, type beat. Obviously money flows, no one just generates money on their own without the creation of value by the governing body, or can provide goods/services without the goods/services needed to even start their own trade. No one legitimately believes selfmade means you did literally everything yourself, everywhere. It’s just people who earned a wealthy life without inheritance.
This is it. Although the selfmade millionaires are few and not many they are complete workaholics. The ones who inherited wealth are the ones screwing around and spending their money.
At a certain point these individuals aren’t really contributing much. They’re keeping themselves busy with unnecessary meetings, networking activities, etc.
If upper management takes a month off work at a steady company, not a lot of things slow down.
In Dutch there’s this joke: “netwerken is net werken.” Roughly translates to “networking is almost like work.”
Nobody’s “selfmade”. That’s a myth perpetuated by Forbes, WSJ and the like to decrease resentment towards the people whose boots they lick for a living.
In reality, no matter how hard you work, you need the help of others to be successful and to be downright RICH, you need a whole lot of luck too.
it’s less about working harder, and more about seeing opportunities and being able to take the risk to go after them.
Nope. If someone with a net worth of $100m or more takes a gamble and loses, the company goes under and people lose their jobs while the rich guy gets a loan or a tax write-off.
“Seeing opportunities” for huge possible gains for yourself with all significant risks being to people much less fortunate than you and taking it isn’t a virtue, it’s self-centered greed.
the key to my statement is “being able to take the risk”. poor folks can’t take the same risks that the wealthy folks can take.
And what my statement was meant to convey is the fact that the ventures you so laud are all reward and no risk for the rich and all risk and no reward for the poor.
If it had been a game of crabs, the rich would be rolling 4 loaded dice, picking which two count after throwing. The poor would have one dice at most, the most beneficial numbers missing at all times.
You don’t understand what selfmade means. It means they did not inherited a fortune500 company at the age of 25. Selfmade means they started from a situation where they had a degree and a simple common job and made into a billionaire. Obvioisly no single person can create and manage a 20000 person company on its own, no one ever said it is like that.
I understand just fine. What I’m saying is that using that word implies that they have earned all their wealth and are more deserving than others who didn’t have the same help and luck. More deserving than others with the same background who have worked just as hard with less help and/or luck along the way.
Whether or not that’s the intention, that’s the implication and thus why using the word at all skews the conversation.
Literally semantics and who gives a shit. Erm ackshually, type beat. Obviously money flows, no one just generates money on their own without the creation of value by the governing body, or can provide goods/services without the goods/services needed to even start their own trade. No one legitimately believes selfmade means you did literally everything yourself, everywhere. It’s just people who earned a wealthy life without inheritance.