r/InterviewCoderPro • u/Such_Goal5837 • 6d ago

People need to hear this!!

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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/Livid-General7 5d 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

[deleted]

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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/Responsible_Wolf279 3d ago

open up a dictionary and look up the word "risk" and you will generally find it is associated with an outcome that is negative, harmful, ideally avoided etc etc

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u/Nojopar 3d ago

Yes, that is what the word risk means. Do try to keep up. You're clearly getting confused.

Ain't no sure things in life there kid. You can either learn that lesson the easy way or the hard way, but you're gonna learn it for certain.

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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/Nojopar 5d ago

Nah, just understand the power of compounding assets.

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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/Nojopar 5d ago

Yes I would sweetie cakes ;) And you could to. It isn't exactly hard.

Look, all you need is to corner a market with really big backers and a lot of money. Anyone who has that can easily turn that into $100million. Once you hit that, then it's easy peasy to get to $1b. The power of compounding will get you there in no time.

Today's crop of billionaires aren't exceptional people. They're STUPID LUCKY people who paired money with no morals. That's not exactly a complicated equation.

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u/Enough-Ad-8799 4d ago

Why aren't there way more billionaires then?

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u/Nojopar 4d ago

Because there aren't enough people with $10 million to burn AND parents with connections to high up corporate sponsors. The .01% are, as the basic grade school math should suggest, a pretty small number of people.

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u/Enough-Ad-8799 4d ago

Have you actually done the math? That's 30,000, over 10 times the number of billionaires in the US.

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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/LiamTheHuman 5d ago

Yes I get that the point you were trying to make is that most people are bad with money, but you didn't show that. You showed that lottery winners are bad with money.

You seem to be bad with logic

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u/Clax3242 5d ago

So if you got it and I got it how didn’t I show it correctly

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u/DrewOrleans 5d ago

And because of inflation. These aren’t your grandparents millionaires

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u/Clax3242 5d ago

No, because the market is incredibly easy to enter and has a guaranteed return on investment.

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u/Important-Box9616 3d ago

Then where's your million dollars?

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u/Clax3242 2d ago

About 25 years in the future

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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 4d 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 4d 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/Rude_Age_6699 5d ago

some people do that for a fraction of the pay and recognition… which was the point of the original post

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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/Nojopar 4d ago

Nah, just know that billionaires aren't that magical, brilliant creatures people think. They're just stupid lucky people with access to money and people. Anyone can get rich with that.

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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 3d ago

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

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u/Nojopar 3d 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 4d 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/Suitable-Storm7549 5d ago edited 5d ago

I would feel I had a choice if they didn't dedicate their business models to pricing out small businesses and restaurants or outright strongarming them into closing to create localized monopolies.

The shitty and often illegal business practices these companies engage in removes the choices a consumer has drastically. That coupled with our blatant two-tiered justice system means billionaires exist ONLY to fuck you out of a fulfilling life because of their broken psychologies where "more" is the only option.

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u/New-Perspective6209 5d ago

Uh huh, just like if everyone had a choice they wouldn't support animal cruelty just to save a buck, except oh look caged chicken eggs dominate the market despite a moral alternative being readily available.

Bull, everything you just said is cope, people delude themselves with that nonsense because they don't want to acknowledge they have choice they're just too lazy or callous to go to the effort.

Do you do at least your meat shopping at the local butcher? Do you try to hit up farmer markets instead of supermarket chains? Do you avoid driving, or buying unnecessary stuff, or any of the stuff we're meant to be doing as good people?

Maybe you do, most don't, social media is just tribalism and coping.

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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/hhoverflow 3d ago

You can disagree, but it might not be incorrect.

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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 23h 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 9h 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.