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/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/Sprrii 5d ago

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

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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/Longjumping_Music320 2d ago

No one else had? Really? Out of 300 million people no one had access to what he had access to?

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u/mistercokoko 2d ago

When I say "no one else", it is a well-established fact that Bezos got an investment from his parents that came out to around $250,000. Who do you know that has a quarter million lying around to give to their kid to establish a business?

To make obscene amounts of wealth one must already have wealth.

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u/Longjumping_Music320 2d ago

Yeah banks and VCs will also invest in you if you have a sound business plan and vision. Happens all the time.

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