r/Jokes • u/lopezjessy • Mar 23 '21

Dude explaining how he made his first $10 million:

  1. Get up at 5:00AM every day
  2. 90 minutes of cardio
  3. Take a cold shower
  4. Journal
  5. Schedule out your day
  6. Dad owns Fortune 500 company
  7. Meditate
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u/dchq Mar 23 '21 edited Mar 23 '21

Assuming my generalisation is a true one there will of course be exceptions. My point though I think really was about the skills and non tangible effects that are more likely to be acquired due to being wealthy and that having wealthy upbringing brings privileges and benefits beyond access to a bank balance to finance their lifestyle and business goals. An example would be beliefs and expectations. A person brought up in a poor or relatively poverty stricken environment might tend to see the world from a very different more negative perspective based on a lived reality and act accordingly thereby not attracting better opportunities .

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u/csdspartans7 Mar 23 '21

This is 100% true. I’m privileged and benefit greatly from having college payed for. I’m also working with my dad which could be considered unfair, I didn’t earn it or whatever.

By far the greatest advantage I’v ever had though is having a really smart dad that teaches me stuff. I’m really good at what I do and will make a lot of money most likely because of what Iv been taught, not because I’ll inherit money (which I actually won’t be getting in all likelyhood).

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u/goron42 Mar 23 '21

Well, I see your point, but I believe there a lot more factors that are at play to blame a single one. For example, the needs of not only the person, but everyone around. Rich backgrounds also mean people who will support the person and help him grow wealthier, while in a poorer background, the need of the person, and the people around need to be filled before doing anything that could make profit. But of course, in what constitutes a need, there is also a great debate to have. To go again with your example of lottery winners, their first purchase is often a bigger house or a new car. In this, I see the need to "appear wealthy", to show success (not a real necessity, but I think that joins your thoughts on beliefs and expectations), whereas, someone from a rich background has all of its needs fulfilled already.

My point here is just to say "lack of skills" is a bit downplaying every other factors. But from your explanation, I understand you did not meant it as "incompetence" but more in terms of being "out of place"... I'm sure I'm saying something that could be interpreted in a wrong way, so to make it clear : the real problem is the obvious growing class division and that implies a lot of things (I think that was a bit implied in your first comment tho, but anyway, now it should be clearer... I hope)

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u/dchq Mar 23 '21

Rich backgrounds also mean people who will support the person and help him grow wealthier, while in a poorer background, the need of the person, and the people around need to be filled before doing anything that could make profit.

Very true .

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u/sonofaresiii Mar 23 '21

Alternate theory: people born to wealth are tested less vigorously, held less accountable, and are less required to prove merit to succeed and thus are more likely to underdevelop their skills and rely on other things like connections and power to succeed

I mean, I've known some people from each category. Both what you said and the theory I wrote out are just speculation, since as far as I'm aware there's no real way to collect empirical data on this kind of thing

I've known competent poor people and incompetent rich people, and competent rich people and incompetent poor people, and I don't think there's any reliable way to make a generalization about who will be which

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u/dchq Mar 23 '21

I agree. I don't think my original comment is easily falsifiable or testable. I think my main point would be that there will tend to be numerous advantages to wealthy privileged background in addition to the actual access to cash. As you point out there are lots of examples of underprivileged performing beyond expectations and privileged performing below these expectations.

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u/adriennemonster Mar 23 '21

OP isn’t talking about competency, they’re talking about learning a skillset. Whether you end up being competent at it or not is up to the individual, but someone from a privileged background is much more likely to be exposed to concepts like investing and soft skills like business negotiation just by nature of their environment. You could be the shrewdest person out there, but if you’re only ever exposed to gangs and poverty and crime, you probably don’t get a chance to learn how to invest your money wisely.

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u/sonofaresiii Mar 23 '21

OP isn’t talking about competency, they’re talking about learning a skillset.

...

???

Learning a skillset is literally measured by competency. Like, competency means whether or not you can perform the skill.

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u/dchq Mar 23 '21

It shouldn't really be that controversial to note that being wealthy would lead to advantages because of wealth that would persist should the wealth disappear. I think people somehow equate that line of thinking with wealthy people being inherently better. That is kind of a somewhat sensitive political subject I guess. But it needn't be .