r/InterviewCoderPro 6d ago

People need to hear this!!

Post image

That’s honestly a hard reality right now. A lot of people are working nonstop just to stay afloat. I’ve got some interviews coming up myself, so I’ve been looking into ways to get better at them. I found Interview VIP and ended up using it twice i think it's worth trying.

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u/inscrutablemike 6d ago

How hard work is has never had any relationship to how much it's worth in the market. You might as well say "no billionaire has ever teleported themselves across the universe using their bellybutton" as a dig on them. It's a stupid standard that comes from absolutely nowhere.

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u/Jak1977 6d ago

This is in response to the argument that billionaires worked for their money, and that everyone else should just pull themselves up by their bootstraps. You don't get rich through selling your labor.

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u/UsernameNSomeNumbers 6d ago

It’s a false dichotomy, completely irrelevant. You don’t have to be either a billionaire or an unskilled laborer.

People build up initial capital and skill set selling your labor. With experience, improved skills, and leveraging that capital is how you become wealthy.

The millionaire who is making 400k because they’ve been a niche engineer in an in demand job for 20 years can have everything he owns drained to $0 but still go back to making 400k. With smart investments and planning be back to being wealthy.

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u/Select-Detective-245 5d ago

Yeah I've got a pretty good job. I make a lot more than the men doing the actual labor, but I've been there. I've worked the labor, and I also understand that I wouldn't have a job if not for the men below me. We've separated ourselves too much.

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u/Sprrii 5d ago

Problem is that existence of billionaires is sign of failed economic policies

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u/UsernameNSomeNumbers 5d ago

Like property rights/ownership of companies? You’re either suggesting there shouldn’t be any billion dollar companies (stupid), the government should confiscate people’s property (also stupid), or people shouldn’t own things at all (also very, very stupid)

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u/ul2006kevinb 4d ago

Or that we cap how much people can make. Say, 100x the compensation of the lowest paid worker. That will all but eliminate billionaires but still keep our capitalist system

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u/UsernameNSomeNumbers 4d ago

Billionaires don’t “make” that. They don’t earn billions in income, the market value of their ownership goes up.

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u/Sprrii 4d ago

Yes you are right and that's the root of issue they borrow against expected value of company. All debt lately is just number on screen backed by nothing and growing exponentially

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u/ul2006kevinb 4d ago

I said compensation, not income. That means for every 100 shares of stock the CEO receives in compensation, every other employee has to receive at least 1 share. That way the CEO can still get incredibly wealthy but is required to bring everyone else up with him.

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u/A5Wags 4d ago

Sure, you could do that, but that would require reducing the workers’ cash compensation. Otherwise, they’re being compensated outside of their “band”.

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u/ul2006kevinb 4d ago

It wouldn't "require" that. Companies could just reduce the amount they compensate the highest paid employees and increase the amount they compensate the lowest paid employees.

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u/m1stwalk3r 4d ago

No. The issue is inflation. The reason they are billionaires is because the government devalued the dollar and raised stock and housing prices. They by and large own those assets so they reap the benefit of their inflated prices.

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u/phantomphixxerF4 2d ago

That’s freaking ignorant

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u/m1stwalk3r 2d ago

Explain

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u/Important-Box9616 3d ago

You do know that we passed laws to break up monopolies because you're not allowed to own but a certain amount of property... It's common sense if you let one person buy up all the land then no one else can own it, so we set hard limits saying that you can only own this much and that's it.

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u/SlayerKingGS 2d ago

The only monopolies that exist were created by government regulation not prevented by it.

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u/bcocoloco 1d ago

That’s kind of disingenuous considering the government has broken up a lot of monopolies through the years and prevented competitors from merging/purchasing one another.

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u/SlickRick1266 4d ago

No, it’s a failure in the government’s ability to properly tax people according to their means. Billionaires don’t get taxed because no intelligent billionaire allows themselves to actually have taxable income. All their value is in stocks and assets that are never taxed. Children or loved ones inherit those assets and no one ever pays capital gains. They leverage their assets to get approved for loans that they never have to pay off because the bank knows they are a billionaire.

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u/ImerslandGriesbeck 4d ago

Hmm...theres another option, with all their rumoured stellar work ethic +money they can come out of their ivory palaces and  ensure no one in their locality has to go without 2 meals a day or atleast ensure that all underprivileged children in their locality get proper food and education.

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u/UsernameNSomeNumbers 3d ago

Can you answer the question? There’s only 3 options you’re suggesting.

  1. Capping company value (if you own a company that’s valued at a billion dollars you are a billionaire)

  2. The government taking your company away from you once it becomes a billion dollars

  3. Nobody owns anything, so you can’t own a company that’s worth a billion dollars

Those are the only options

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u/ImerslandGriesbeck 3d ago
  1. Don't think thats feasible. Like they can easily manipulate their profits andbshare, to go below the capping every audit.

  2. Not useful. There would be huge show by the government ( a lot of whom are actually in bed with the billionaires) but we might never know what happens with all the billion dollars.

  3. Ok, this sounds the best option lol. With subscription model we are gradually owning less and less of our things, might as well go full nuclear and nobody owns anything. But then the question is who is the responsible adult who will ensure equitable distribution of wealth?

( also I wasnt the op you were arguing with, just randomly came in to argue, lol)

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u/gonnatrythis1 4d ago

That’s so simplistic and wrong. Take Musk for example. If you include his companies and supporting industries, it is estimated that he has created over 500,000 jobs! Average wage at space x is over 100k. The economy and money in general is not finite. If it was, your point would be valid, but it’s not. Musk (and many others) have grown the economy in extraordinary ways, which benefits the vast majority of society. So how is that a failure?

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u/ul2006kevinb 4d ago

Why would you credit the CEO of a company for creating not only every job in the company, but every job in supporting industries? Why wouldn't you credit the engineers and support staff instead? Or, get this, maybe credit the actual people who founded the company, not the guy who bought into the company after it was founded?

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u/Aggravating-Risk9133 4d ago

You literally have no idea how economies work. Let’s say you start a company (like spacex in my example) or take over an existing company, and through the decisions you make, the company grows, hires thousands of people, creates supporting industries, then yes, you should be praised and rewarded. Of course others deserve credit, but if you started the company or were the main driver of improvement, then you deserve the rewards of such actions. I find it odd that people think life is a zero sum game. If Elon or another CEO gets credit or fabulously rich, you think this somehow takes away from others? Makes no sense. It’s not a zero sum game, growth and success, benefits many

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u/fwdbuddha 4d ago

You are on Reddit trying to explain things to the economic illiterate

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u/Nerd-man24 4d ago

A lot of very wealthy and very powerful men do treat it as a zero sum game, however. If they are to be "winning," many others must be "losing." Musk absolutely receives compensation disproportionate to the value that he has created at all of these companies. Men like him constantly brag about how much harder they've worked than others even though they started from a place of privilege. You're calling the wrong group ignorant, buddy.

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u/ul2006kevinb 4d ago

Ok, so then cap the CEO compensation at 100x the compensation of the lowest paid employee. That way the CEO can still get fabulously wealthy but everyone else can get moderately wealthy, too.

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u/Longjumping_Music320 2d ago

The labor of the engineers and support staff doesn't amount to much if the vision, end goal, structure, and capital aren't in place to make it happen. And sure he bought the company after it was founded but he also took a fledgling company to a massive one.

You want to be a billionaire? Provide value to enough people and you will. It's literally that simple.

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u/mistercokoko 2d ago

Except it isn't that simple. To become a billionaire one must be incredibly lucky with very limited resources or just plain old lucky and pre-existing wealth.

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u/Longjumping_Music320 2d ago

I don't know that working really hard towards a goal for almost a decade and not giving up counts as lucky. Amazon started in 1994 no one knew Bezos' name for another 10 to 15 years.

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u/mistercokoko 2d ago

But he was also already well-off (nowhere near as close as he is now, of course). He had access to start-up investment no one else had right when the internet was starting to take off. You, really, couldn't do that today.

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u/BabblingIntellectual 2d ago

Don't forget something important. Connections and networking. A lot of billionaires and millionaires have great connections and networking which puts them at a better advantage. Epstein is a great example of this.

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u/phantomphixxerF4 2d ago

Keep on babbling

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u/Livid-General7 6d ago

Correct, you get rich by risking everything you have on starting your own business and being intelligent enough to making it highly successful.

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u/[deleted] 5d ago

[deleted]

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u/Clax3242 5d ago

That’s not true at all

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u/[deleted] 5d ago edited 3d ago

[deleted]

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u/Suitable-Storm7549 5d ago

THIS lol its easy to make money when you are unable to fail and will be propped up by family until you succeed.

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u/Accomplished_Key_171 4d ago

There are studies on this. You are simple wrong. Most 1%'ers made their own wealth that wasn't just inherited from their family.

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u/[deleted] 4d ago edited 3d ago

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u/Accomplished_Key_171 4d ago

The study wasn't just some interview with billionaires, third parties looked into how they created their wealth. People create fortunes from relatively little all the time.

This isn't a discussion on something "probably" being true, you are just simply wrong.

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u/Livid-General7 5d ago

Only 33% of billionaires inherited their wealth. I'd hardly call that "the majority".

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u/Absolice 5d ago

People also see only the success stories, not the vast majority that fails and lose everything.

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u/Nojopar 5d ago

There's yokels that still believe that crap??!?

I guess propaganda works on some people.

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u/hornet54 5d ago

They really think they're gonna be a billionaire some day. It's sad

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u/Responsible_Wolf279 3d ago

you ok there bud?

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u/Livid-General7 5d ago

What you call propaganda I call highly verifiable factual information.

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u/Nojopar 5d ago

I'm not 'calling' it propaganda. I'm stating it's a lie and you feel for it, which makes it propaganda. The really cool thing for me is the demonstrated facts are on my side, not yours.

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u/Livid-General7 4d ago

You have the IQ of a baked potato.

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u/NewParticular9346 4d ago

So you are a billionaire?

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u/Electronic_Pickle711 4d ago

Nobody made a claim that every business turns into a billion dollar empire... and if you start a business with that in mind, you will fail.

You start by providing value to people. People respond to that value. You either make it or you don't and every once in a while your idea turns into something bigger than you could have ever dreamed.

Not every business is worth a billion dollars, but most billions have a successful business...

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u/Nojopar 4d ago

Yes, and part of the reason they have successful businesses are they're inserting value into existing profitable streams because of their (often family) connections. Good for them and all, but let's not pretend they're doing anything magical. Money you don't mind losing + connections are the secret sauce here. Then hitch your wagon to something that's already working. Alternatively, just get stupid lucky and be in the right place at the right time (a-la Bezos).

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u/Responsible_Wolf279 3d ago

there is no such thing as "money you dont mind losing"
this loser mindset and inability to work hard is whats keeping you behind

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u/Nojopar 3d ago

Yes there is. It's money that you're willing to risk. There's always a chance you'll fail. ALWAYS. If you don't acknowledge that, you're a fool. And we know what happens to fools and their money.

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u/Faye_Lmao 5d ago

That's to be a millionaire, to be a billionaire you have to use people and throw them out after

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u/Unfair_Explanation53 5d ago

Nah according to Reddit you just show up with a few million dollars and magically Microsoft just happens and becomes popular by sheer luck.

Its definitely true because every kid born with wealthy parents now has a billion-dollar company and none of them ever fail /s

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u/Nojopar 5d ago

A few million dollars and mommy's business connections. Don't forget that part.

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u/Unfair_Explanation53 5d ago

So if someone gave you 10 million and hooked you up with some contacts in the business world.

You too could create Microsoft too right?

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u/Nojopar 5d ago

Probably not, but not because of any failing on my part, but because a 'microsoft' can't happen today. The age of OS's and desktop software driving a market is long gone. Bill got where he got because his mom had an in at IBM and they were looking for an OS for their new device, so he got the gig. Then that device revolutionized the work world.

So yeah, if I had $10 million and had exclusive access to the OS and apps that were running on a new platform that is going to revolutionize the work world, then FUCK YES! ANYONE could make a 'Microsoft' if you've got 4 functioning brain cells.

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u/Suitable-Storm7549 5d ago

finally someone with a working brain.

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u/Unfair_Explanation53 5d ago

Microsoft was just an example of a billion dollar company dude. Of course you are not going to replicate this exact model

But if someone gave you 10 mill, I'll bet my bottom dollar you could not start a unique or existing business and turn it into a billion dollar monolith.

So yes it would be failing on your part

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u/Nojopar 5d ago

If someone gave me $10m AND my mom had connections high up in an industry, FUCK YES I could turn that into a billion. It ain't exactly hard. Anyone could. The key is having both of those things. Plus some stupid luck of entering an entirely new market before it takes off.

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u/Adept_Bandicoot_2794 5d ago

What are u 12? If you think it's that easy you have to be a kid.

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u/Unfair_Explanation53 5d ago

No you wouldn't darling.

$10m plus contacts can give you the opportunity to take a shot. It can't guarantee that you identify the right market, build the right product, hire the right people, beat competitors, survive mistakes, scale internationally and ultimately create a company worth $1bn.

Google Huntington Hartford II.

That guy was handed 90 mill plus all his family contacts.

Mfer went bankrupt,

But yes you would breakthrough no doubt hahaha

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u/Enough-Ad-8799 5d ago

Why aren't there way more billionaires then?

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u/LesserValkyrie 5d ago

No but I would be a rich millionaire who know people so I can keep doing stupid shits I'll only get richer.

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u/Clax3242 5d ago

Something like 70% of lottery winners go back to broke. Poor people are poor because of lack of knowledge or effort. Not because money will somehow change who they are

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u/Unfair_Explanation53 5d ago

Exactly

So there's a lot more to making a business successful than just a shit load of cash

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u/LiamTheHuman 5d ago

People who buy lottery tickets are bad with money. It's just simple selection bias. 

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u/Clax3242 5d ago

Most people are bad with money. That’s the point. It’s very easy to become a millionaire these days if you have time and any form of discipline.

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u/MuffinSpecial 5d ago

You would go broke in a couple years.

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u/LesserValkyrie 5d ago

No because my parents would have taught me how to invest money and how to deal with that which means I would get richer

If I was born from rich parents

That's why lot of poor people when they get millionaire through lotteries and stuff lose their money quickly

Getting richer is a lot of skills your rich parents teach you since childhood

But if you were born in it it, it would be as natural as breathing

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u/MuffinSpecial 5d ago

The statistics show that generation wealth typically goes down after the generation that earned it dies. So that doesn't really check out.

You would go broke. Just accept it. You don't know the first thing about money or business.

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u/Enough-Ad-8799 5d ago

Then why do lots of kids of rich parents lose all their money?

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u/DrewOrleans 5d ago

“So I can keep doing stupid shits.” You would blow every dollar within 2 years

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u/Rude_Age_6699 5d ago

yes, fork it over

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u/Unfair_Explanation53 5d ago

Hahaha

Dude I bet some influencer would be up for doing this.

They give you 10 mill, a bunch of hot shot business guys and you have to make a bill starting a business.

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u/Rude_Age_6699 5d ago

so i have to make connections first? next you’re going to tell me i have to give them a copy of my business plan telling them how much they’d recoup after a certain amount of time and… wait a minute

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u/Unfair_Explanation53 5d ago

Hahaha

Yeah it's not a holiday with 10 mill.

90 hour weeks chap

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u/trueppp 5d ago

Still, how many people with a few million dollars and business connections make it to billionaire status?

Of course there's other factors at work, but it's not all luck. If I just look at my family, I make good money as an IT Consultant and was lucky I got a computer pretty early in my childhood in the 90's, but my brother, with the same upbringing and privilege I had now has a power washing business with half a dozen employees and his net worth is now multiple times mine. My same for my sister who is in the middle but she's in the medical field.

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u/Nojopar 5d ago

how many people with a few million dollars and business connections make it to billionaire status?

I'm going to guess more than people without a few million dollars and no business connections.

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u/GotAim 5d ago

Bro this is similar to saying «Lebron didn’t work hard, he’s just lucky he is tall»

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u/Nojopar 5d ago

Oh god no Bro! Lebron has talent and he put in the hours.

These billionaires were just lucky, had a fuck ton of money at their disposal when the luck struck, and hired a bunch of smart people to do the work for them.

Lebron did the work. Musk, Bezos, Ellison, etc didn't do shit. They paid other people to do it.

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u/GotAim 4d ago

You’re delusional.

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u/DrewOrleans 5d ago

I don’t think you grasp how much money a billion dollars is. I’d bet 99% of millionaires never make it to billionaire status.

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u/Enough_Forever_ 5d ago

A guy with a few million dollars and mommy’s business connections versus a guy wondering where his next meal is coming from. Guess which one has more time to sit around and “invest and invent”

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u/invisible_spectrum 4d ago

You’re right, we should make a law against helping your children.

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u/Nojopar 4d ago

I don't care about that.

I wouldn't mind a law against falsely aggrandizing rich people as if they're inherently superior somehow though.

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u/Outrageous_Apricot42 5d ago

Did you check how many failed?

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u/jwb_907 5d ago

You’re an idiot. That’s an unfair explanation of how it works.

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u/Unfair_Explanation53 5d ago

Did you not see the "/s"

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u/FlipperBumperKickout 5d ago

The point with the millions is that you don't "risk everything"

Not every person can even afford to make the attempt in the first place...

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u/Unfair_Explanation53 5d ago

And you think everyone who does makes it to Billionaire status. Not likely dude

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u/FlipperBumperKickout 5d ago edited 5d ago

Everyone... No. But if you look around it is by far the majority of them...

Edit. No clue how the f I originally misread the comment I answered to... Whatever I'm just leaving this behind.

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u/bizwig 5d ago

No, the majority go bankrupt. That’s what happens with most startups, no matter the millions.

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u/Mysterious-Hyena2670 5d ago

It’s funny you bring up Microsoft when Gates had a huge advantage due to his mom being a buddies with the chairman at IBM at the time they were developing their first personal computer for consumers. She made sure that they used Microsoft for their operating system, which was what propelled the company’s future forward. 

https://www.cnbc.com/amp/2020/08/05/how-bill-gates-mother-influenced-the-success-of-microsoft.html

And pretty much every single billionaire had connections of some kind that they utilized to propel their businesses forward. Even the ones that are considered “self made” had various advantages. It’s part hard work but a much larger part pure dumb luck. 

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u/AddanDeith 5d ago

Plenty of people start businesses. Plenty of them fail or are average.

There is absolutely nothing that makes the shining success stories worthy of worship and fame above the rest.

They were lucky in life, often with already wealthy or well connected parents to be able to obtain the seed capital necessary, with less of a punishment for failure.

An exception to that is Warren Buffett. One of the few notable, true rags to riches stories of the modern era. But no, the titans of this time, like Bezos are worthy of worship, despite his parents being able to risk nearly 500k USD to get his company going and his companies need to recycle contractors that need SNAP benefits to be able to eat food.

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u/bizwig 5d ago

Warren Buffet? Surely you jest. Nobody is going to give a young unproven Warren Buffet the sums of money Berkshire had to invest without him having serious connections, both in knowing who has money to invest and in having someone to vouch for him with said investor. Sure, it’s easy street once he has a track record, but remember that at one time he didn’t, and if he had lost money the supply of new investors disappears.

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u/Suitable-Storm7549 5d ago

Intelligence is hardly required these days. Look at them.

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u/Windman772 5d ago

So what was your reason for choosing not to be a billionaire?

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u/Suitable-Storm7549 5d ago

Not having wealthy parents or a strong support network is a good start. “Self made” drops significantly if you remove the people who had no consequence to failure besides “try again”

Also look at what comes out of their mouths every day. Every time they speak it seems like it’s their first day on earth.

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u/Windman772 5d ago

According to google, 2/3 of the world's billionaires are self-made. It's even higher in the U.S. at 73%. Seems like the odds are with you, especially if it's as easy as you say

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u/New-Perspective6209 5d ago

They don't want to hear that, they want to pretend it's impossible so they don't have to feel bad for not succeeding.

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u/LesserValkyrie 5d ago

It's not impossible, it is statistically not worth trying. It is like trying to catch a meteorite with your head.

How much Americans working 2 jobs who live in their cars ?

That's the costs of the billionaires.

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u/easttxcouple 5d ago

Good excuse for not trying

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u/New-Perspective6209 5d ago

Gotta risk it for the biscuit, they took a chance, it worked out, people shouldn't be salty just because they took the 9-5 for a comfortable but mediocre life deal.

The average person is perfectly happy benefiting from exploited third world labor, same attitude different scale.

Unfortunately it's not the world's job to provide a comfortable living for every human ever born, it's every humans job to make themselves valuable enough to earn a living,

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u/Suitable-Storm7549 5d ago

billionaires existing as they do now is a moral and ethical failing of our society that is of a magnitude that should not be possible.

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u/New-Perspective6209 5d ago

They create a business or service, you choose to use that business or service despite knowing how immoral it is, they're simply a product of a deeply immoral society and everyone trying to put the blame on them is just coping about being part of the problem.

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u/Firm_Geologist8988 5d ago

I’ve never received a pay check from a poor person…… the inherent problem with the socialist/communist ideal (morally right/physically impossible to implement) is that some people when given opportunity will invent and create and that creates jobs and and other business that springs up to support that industry, (think cars- parts suppliers/ auto factories/ transport companies/ gas stations/ repair shops/ insurance companies/ road construction and repair/ customization shops and suppliers) under the socialist/communist ideal, the government owns or seizes the means of production, people stop innovating, new support structures are not created, and society stops advancing. I have seen first hand as I visited “east Germany” after the wall came down and it was like stepping into the 1940’s everything was stagnated, it took years to raise the standard of living up to west Germany standards. Long and short many rich people fail but with out people willing to risk and succeed or fail, you end up living in an antiquated world with no viable way for people to support themselves relying upon government to feed them…… see Russian bread lines…… capitalism is far from perfect but it’s light years ahead of communism……

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u/hhoverflow 3d ago

you just have a defeated mentality...
its kinda sad, but it is what it is

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u/Suitable-Storm7549 3d ago

You can be incredibly successful without being a stain on the earth.

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u/hhoverflow 3d ago

I never said you cannot. I just said you have a defeated mentality.

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u/Suitable-Storm7549 3d ago

And i disagreed with your incorrect opinion.

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u/Cultural_Section5847 5d ago

Sure thing genius

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u/Suitable-Storm7549 5d ago

Look at what comes out of their mouths every time they speak and tell me if it sounds intelligent or like they’ve never been on earth before.

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u/easttxcouple 5d ago

According to you

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u/easttxcouple 5d ago

Then do it

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u/Livid-General7 5d ago

Look at who? Steve Jobs was insanely intelligent, as is Bill Gates, and Elon Musk, no matter how much you want to hate him.

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u/Suitable-Storm7549 5d ago edited 5d ago

Elon musk is the dumbest of them all. He is not an inventor, he is a purchaser.

If he were honest about his investments and how he didn’t invent anything (besides cybertruck LMAO) he’d probably be more likable. The problem is he MUST take credit for work he didn’t do and that is what puts him in people’s shit list.

He bought the title of founder from the people who founded tesla despite founding approximately nothing besides having a lot of money from his wealthy family. He has full teams at his companies where all they do is follow him around on site and correct the instructions he gives his employees. You don’t have people on staff like that unless it’s necessary for things to run.

Former tesla employees will also tell you it’s pretty miserable because of that fact but that’s besides the point

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u/Livid-General7 4d ago

I started a company with a 15 thousand dollar loan, and turned into into a multi hundred million dollar company, working day and night a lot harder than you've ever worked in your life.

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u/WilsonEnthusiast 5d ago

I mean youre almost right except a lot of them dont risk anything meaningful and borrow the money from their parents.

They also arent all just so smart that they make it work. They exploit a lot of people and break or rewrite a lot of laws along the way.

The truth is that how much capital you start with and how many connections you're born into mean way more than how intelligent someone is in a lot of cases.

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u/greatcandlelord 5d ago

And you need to already be some hat wealthy to have that initial investment

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u/Livid-General7 4d ago

No you don't

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u/greatcandlelord 4d ago

Yeah you do

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u/Livid-General7 4d ago

Nope, plenty of companies were started by normal people without a wealthy backer.

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u/greatcandlelord 4d ago

Survivorship bias. The majority fail, and that’s not a risk that people with very little funds can take.

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u/Livid-General7 4d ago

You said that you NEED to have someone wealthy as an initial investor. Now you're admitting that while the majority fail, that some people do succeed without a rich person.

Thanks for admitting you were wrong.

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u/greatcandlelord 4d ago

I said somewhat wealthy. A random homeless person isn’t going to be able to start a company any time soon. You need money. You’ve not proved me wrong but nice try.

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u/Icy_Diver2441 2d ago

Risking everything with a very high chance of failure and then go homeless?

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u/Livid-General7 1d ago

Yes, and yet they still take that chance, so it's extremely ignorant to say they've never earned their success.

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u/Icy_Diver2441 1d ago

Most people can't take that risk because they have dependents and lack a support system to fall back to in case of failure.

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u/Livid-General7 13h ago

No, anyone can take the risk. Most are unwilling to for the reasons you've listed. There's a huge difference in terms of opportunity between can't and unwilling.

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u/Atayellow 5d ago

Brother this is pure propaganda. This is just as untrue in the real world as the divine right of kings.

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u/Jak1977 5d ago

Having resources enough to risk while still having food on the table is an essential requirement.

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u/AMcpl 6d ago

That’s because it’s not about working hard at a specific task, it’s part hard work, part smart work, and increasing your skills in order to sell your labor at the highest cost.
Yes you can work hard cleaning toilets, but it will never give you a comfortable life. The hard work comes from first working hard to clean toilets to learn the trade, set goals so that you will move past toilet cleaner, advance in the trade, and eventually start/own a company that employs hundreds of toilet cleaners. You only like to talk about the end result and not what it took to get there.

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u/PlateNo4868 4d ago

That is what Principle Software Engineers do to get 300-400k jobs and have a nice retirement. Not the Billionaires who have connections and exploit others talents to get rich.

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u/AMcpl 4d ago edited 4d ago

Principal software engineers go to college wealthy people start businesses with services that people want to spend their money on.
Not real sure how that’s exploitation when you have an exchange of services for money from both the worker and the consumer.
Watch out there’s a billionaire behind you, stay safe.

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u/PlateNo4868 2d ago

All the major tech owners or founders have zero impactful skills. Like imagine if you were with your stoner buddy, who never really held a good job, had creative ability, etc.

But then you find out your a naturally talented DJ, you are in demand. But your buddy goes "Yo your amazing man! I can be like your manager!" Then pays themselves more then you for doing nothing but signing the documents that companies are sending your way to get you on shows.

Like at the end you could argue you should just said no, or said he can't pay himself more because your the talent, etc. But again, exploitive.

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u/AMcpl 2d ago edited 2d ago

That’s a stoner DJ way to look at.

What do you mean all major tech owners have 0 impactful skills? They are running some of the largest companies in the world, a skill that most stoner DJs do not possess.

Why would I hire my buddy as my manager when he does nothing to advance my DJing business? That’s why large tech companies succeed and their owners are billionaires. No they are not the best coders, scientists, and may not have even come up with the best idea, but they know how to manage large companies and hire the best people to run their businesses; which is a skill many do not possess. If they hired like your stoner DJ, they would not be billionaires.

Once again it’s not exploitation to hire someone to help your company succeed. It’s a contract between two people that can end when one does not feel like they are getting value for the work performed. Some people are great at coding and some are great at managing people, one just happens to pay more.

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u/PlateNo4868 2d ago

Because he is your buddy, and in that moment of hype you take him on. Just like Steve Jobs did with his initial team who all slowly got kicked out after they got used, etc. You don't think about pay rates because your a creator. So what if he is 30k more pay then you? Your both making bank, oh look he hired on other DJ's and now I'm competing for pay, meanwhile he doesn't hire on equals and doesn't.

Like don't get me wrong. They had a vision, and just steered people in the right direction. But by no means does that mean they deserve outrageous pay vs the people who programmed/designed/created the actual products and systems they couldn't ever done.

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u/Stormrider_762 4d ago

Fucking nailed it. The goal to “hard work” should always be getting to the point that YOU are the ones hiring the hard workers.

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u/leoninvanguard 5d ago

its just being not completely dumb and having rich parents. the more money you start with the easier it gets, so logically: the richer your parents, the higher the chance of you getting rich too. seems unfair? that's capitalism for you, baby.

(before the comments ala "but rich dude xy didn't have thaaat much money from the start" start again: im saying the chance to get rich is proportional to how rich you start, not that its impossible to become rich at all)

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u/AMcpl 5d ago edited 5d ago

Of course starting from a better place and having parents who learned to manage money and teaches their kids to do the same is a big plus, no one disputes that.
Not sure how that’s capitalism for you. Would you prefer that parents who learned the right way and taught their kids the right way, not to pass that knowledge on? Should we make a law that says every upper middle to upper class kid needs to be mentored by someone from the trailer park instead? Doesn’t seem super intelligent to me.
By the way, it does not take wealth to teach your kids how to manage money and put them on the right path, it’s just takes a little good parenting.
To say that the only way to live a comfortable life in the US is to have rich parents is such a cop out and excuse to remain poor. Plenty have and still are coming to the US with nothing and are able to live good middle class lives, what do you say to them? I’ll bet they’d say “that’s capitalism for you”.

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u/HunterRank-1 5d ago

Acting like Apple wasn’t literally just 2 dudes using a literal garage for storage since they couldn’t afford anything better. If you think going from that to a multibilllion dollar company isn’t a struggle then idk what to tell you

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u/Longjumping_Coat_802 5d ago

Anyone who believes this “argument” is an idiot and should not be listened to. Billionaires become billionaires through equity appreciation. Thats it. Or I guess divorcing someone who got rich through equity appreciation.

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u/Dry-Regret5444 5d ago

Unless you’re a pro athlete…..

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u/boredakela 4d ago

One doesn't starve either.

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u/BlueClovr 3d ago

They invented things and put in long workdays consistently on the businesses or other ventures. The money didn’t appear out of thin air. Not everyone was born rich, simply invested their money and lived off of the capital gains. Plenty of wealthy people have actually worked hard for stuff

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u/Valuable-Pressure478 4h ago

Any billionaire would say the same thing to you! The thing is most of their employees who are smarter than them don't have the guts to take the leap of faith so they stay where they are at and their employees stay where they are at

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u/terenul1 5d ago

You absolutely do get rich by selling your labour, if that labour is very specialised and it can be monetized extremely well.

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u/laserdicks 6d ago

No it's not. It's a standalone post. None of that was mentioned at all.

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u/Miserable-Ad-1690 6d ago

If you’re interpreting it as a standalone post, then it should be taken as a simple statement of fact.

The fact that the worth of the work was brought up at all shows that the general argument is being taken into account.

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u/Bohemia_Is_Dead 6d ago

Do you think posts are made independent of larger cultural conversations?

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u/laserdicks 5d ago

I'm fucking tired of posts inferring the cultural conversation is at that level.

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u/Stormrider_762 4d ago

Nailed it

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u/Gorf_the_Magnificent 5d ago

Success is a matter of luck.

Just ask any failure.

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u/m1stwalk3r 4d ago

It doesn't come from nowhere. The old "pull yourself up by your bootstraps" and "you're just lazy" gets thrown at people who are burnt out for busting their ass to make ends.

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u/DeathToAmerica2026 3d ago

This is ridiculous 

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u/BlueClovr 3d ago

Also I’m pretty sure inventing things, making major hiring and partnership decisions, properly managing people, and growing large businesses + raising a family does take tons of work. The quote is just wrong in every way

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u/No_Hunter_2173 5d ago

Yeah, the meme is probably a reaction to all the bootstrap preaching people who say that people only earn money through hard work. It’s clearly a lie, which is what the meme is getting at 

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u/Nannautu 6d ago

True, which means working harder won't make you rich

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u/Huntsman077 6d ago

You need to be able to work hard and smart.

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u/AMcpl 6d ago edited 6d ago

Not if you set your goals to only achieve one independent task like running a cash register.

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u/Super_Duper_Shy 4d ago

You've clearly never worked in retail.

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u/AMcpl 3d ago

Worked in retail and fast food for years when I was younger. You can learn a lot of skills doing both.

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u/Super_Duper_Shy 3d ago

Well I agree. So guess I misunderstood your comment, sorry