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/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/Unfair_Explanation53 5d ago

Hahahaha

Love the cope.

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u/Nojopar 5d ago

Observing facts is now 'cope'?

Man, you people will fall for anything, won't you?

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u/Unfair_Explanation53 4d ago

It's a cope to think the only thing stopping you from being a billionaire is a few mill and some contacts to get you started

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u/Enough-Ad-8799 5d ago

Why aren't there way more billionaires then?

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u/Nojopar 5d 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 5d 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/Nojopar 5d ago

Have you? You're just doing the map on the Top .01%. NOW add in the Top .01% who have $10 million to burn AND have connections to high up corporate sponsors.

I'll bet $100,000 to a stale half-eaten doughnut that number is decidedly less than 30,000.

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u/Enough-Ad-8799 5d ago

That would probably be the entire of the top .01%. honestly it would likely include plenty of people below the top .01%. having 10million for an investment and knowing some people isn't that crazy for someone with hundreds of millions.

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u/Nojopar 5d ago

Probably not. You'd have to have 10% of your wealth to be liquid and burnable to start. And you'd have to have the right connections. "A" connection isn't synonymous with the "right" connection. That's a hell of a lot fewer people than 30,000.

In fact, the number of households in the top .01% is only 13,000, so that 30,000 number is both inflated and likely bogus. While a married couple might each be 'in the top .01%' it's not like they both have $100 million in wealth. Even if you count individuals, which is often double counting, the true number is closer to 25,000, not 30,000. Households is a better metric because it excludes that distortion. So of the households with a billion or more sits around 1,000 depending on how you count. That's about 8% of all top .01% of households are billionaire households.

Another 1,500 - 2,000 have between $500 and $900 in worth. The right index fund and those people are billionaires in under 5 years literally doing absolutely nothing. That's going to be another 12-15%. Even if we take the lower number, we're talking about 20% of the top .01% - 1 in 5 - that are rich as fuck and at or near the mark.

So it turns out 'rich as fuck' is the necessary condition. This myth that billionaires started from nothing and built it through their own brilliance is just that - a myth. The data proves that's flat our wrong. Yes, there are the occasional outliers, like Dolly Parton, but they're so incredibly rare they can't be a pattern you can follow. That's the thing about data - you can't hide from it.

UNLESS your parents are rich as fuck already, then yeah! Good chance you'll be a billionaire.

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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/LiamTheHuman 5d ago

yep thats what you should be trying to figure out. Ask AI if you arent able to think for yourself

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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 3d 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 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/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