/biz/ - Business & Finance

[Anonymous No.53100985]

Is this true? What do the ultra rich know that we don’t?

[Anonymous No.53100994]

>>53100985
>Is this true?
No

[Anonymous No.53101003]

No. But for a small subscription fee I'll pretend it is and sign you up to my online course and VIP discord lounge where I'll give you all the skills.

[Anonymous No.53101014]

>>53100985

> twitter

do people really?

[Anonymous No.53101016]

>>53100985
>debtmax
>reducing taxes is more important than maxing income
>all profits should be rolled into capital equipment and real estate
>don't spend your profits, borrow against them
>hire people, don't be cheap about it
>hire other people to watch the people you hired, reward them well
>fake it til you make it
>advertise
>don't rip anyone off. It's better to lose money than piss people off
>Making money is secondary to gaining market share
>try try again
>money is a game, don't take it personal

[Anonymous No.53101020]

LMAO

I've never read something more inaccurate in my life. I literally spat my food out.

I am seriously bewildered by how fucking dumb this guy is.

[Anonymous No.53101028]

>>53100985
Getting rich is like 95% luck. Exceptions being medical doctors and alike

[Anonymous No.53101037]

>>53101016
Damn
/tgread

[Anonymous No.53101070]

>>53100985
>>53100994
A billionaire likely won't make a million in a few years but he will probably do well enough that he'll be comfortable.
Picrel was a TV show where a rich dude landed in a rust belt town and tried to see if he could get a million dollar business in 3 months from homeless to
Unfortunately, he had what were a couple "Deus ex machina" moments (like finding massive tractor tires in a dumpster). The show would have been far more interesting if he didn't get any help and failed as the lesson would be way cooler. The business from the show by the way has changed names.

[Anonymous No.53101071]

>>53100985
Unironically yes. They're still a billionaire.
>pay Uber driver $5 to drive you to an ATM, withdraw a million dollars
If that doesn't work
>put up billions in equity as collateral towards a loan worth multiple billions and start a project that will profit in 5 years
No banks on this third world shithole eh?
>make a thread on biz saying they only have $5 to their name and need anons to tell them an easy 100000000x micro cap shit coin to invest in

[Anonymous No.53101083]

>>53100985
Yes. they know they that for $5 they can make calls to access their wealth back home.

[Anonymous No.53101087]

>>53101070
there's actually a much faster route if all you want is a million bucks.

lots of contractors make that every time they sign a contract. So if you know how to get a million dollar contract it takes about a day to build a million dollar business. Your business will consist of a single asset, but you can sell it.

[Anonymous No.53101093]

>>53101028
>medical doctors
Most are dead ass broke until 50.

[Anonymous No.53101094]

>>53100985
They know other billionaires. They would use the $5 to call a rich friend and BANG. instant 100k to get out, they write a book about it, sell the rights to the story, call in favors from people they worked with before, a dozen 100k tax deductible speaking engagements to tell the now "inspiring story" to colleges and convention, "Colbert Bump", first million within 3months.

[Anonymous No.53101121]

>>53101093
The lowest end of a physician salary is like 200k. Loans would get paid off in a few years with that kind of money

[Anonymous No.53101129]

>>53101087
>>53101070
That was the gist of the show ie to get a million dollar business and yeah you're not wrong either. It's easy to get a million dollar business but tough to get your margins healthy enough you can survive on it.
And I'm incorrect, the restaurant is indeed still open.

[Anonymous No.53101130]

>>53100985
they'll be murdered immediately for those $5.

[Anonymous No.53101165]

>>53101129
>It's easy to get a million dollar business but tough to get your margins healthy enough you can survive on it.
yep
I can teach anyone step by step how to bid and win a multimillion dollar government contract.

actually doing the contract is going to be impossible for most people.

[Anonymous No.53101177]

>>53100985
No, this isn't true.
However, you could absolutely drop any American small business owner slob engaged in plumbing, hvac, or electrical work and he'd be a millionaire.
Western billionaires are all a product of their wealthy and influential families and their elite connections. Put them in an environment where they don't have that as a starting point, and they will prove how worthless they truly are.

[Anonymous No.53101246]

>>53101121
Those are board certified and working physicians. In reality, this is what the 18 year old aspiring doctor for primary care has to face
> 4 years of undergrad
Now you're 22
> Another 4 years of med school
This is assuming you passed your mcats and had your prereq credits from undergrad. Now you're 26.
> Residency 3-7 years
Now you're actually WORKING but get this, your salary as a Dr medical resident will be $55k-70k for what effectively comes out to 80 hours a week pulling graveyard shifts. So realistically your actual hourly pay is half that. Expect to live with room mates and start paying your student loans down.
> Finish residency anywhere from 29-33
Congrats now you're making $200k. Meanwhile, you have an ass ton of student loans accruing interest. Your 20s are gone.
You're a doctor so unless you want to go broke, you also have to get liability and malpractice insurance. Screw up and those premiums go away up.
Don't go into medicine for the money. Go into it because you love medicine.
> T kid of two doctors who learned to code and traveled Europe

[Anonymous No.53101250]

>>53100985
My ex wife was from the super rich elite and she didn’t even know how to change a vacuum cleaner bag I think without money they’d basically be completely helpless.

[Anonymous No.53101265]

>>53101165
Could you post a QRD on how to do this? I am a partner in a software dev shop and we want to score .gov projects but aren't sure where to start. Hilariously our margins are 45%.

[Anonymous No.53101297]

>>53101246
>tfw don't have doctor tier iq genetics
It was over before it even began

[Anonymous No.53101325]

>>53100985
I dont have a twitter, can someone tweezer back to him that a billionaire airdropped into a third world country would be food by the evening.

[Anonymous No.53101330]

>>53100985
as a rich white person hiding in a thirdworld country i think that he is right,to an extent

[Anonymous No.53101354]

>>53100985
Doubt. What if you drop that (((billionaire))) into a country without other (((businessmen)))?

[Anonymous No.53101357]

>>53101297
literally 90% of medicine is memorizing
t. internal medicine resident and want to blow my brain out everyday
i cant remember the last time i woke up and my eyes arent hurting
believe me the most successful people in this field are those with supportive friends and families. like that anon said dont do medicine to chase money you will be living throught hell

[Anonymous No.53101360]

>>53101265
go to SAM.gov and register an entity. You should have all the info you need on hand if you're already in business. This will take an hour or two if you've never done it before

wait for your sam registration to be approved. Up to a week or so

go on SAM.gov and search for opportunities using your keywords and locations. Find a contract or a bunch of them to bid on. Download the RFQ or contact the contracting officer listed there

follow the directions of the contract to bid.

if you need to know prices, the previous cost of the contract is public record and can be found on SAM.gov or by asking the contracting officer.

[Anonymous No.53101374]

>>53100985
he will lose his hands for being a corrupt little shit before making real money.

[Anonymous No.53101393]

>>53101357
Happy for you anon. Hope you become a MD and make tons of money

[Anonymous No.53101395]

>>53101357
>believe me the most successful people in this field are those with supportive friends and families.
can you expand more on this?

[Anonymous No.53101400]

>>53101121
2019 data

[Anonymous No.53101418]

>>53100985
Everyone on here who disagrees is a redditor

[Anonymous No.53101443]

>>53101265
>>53101360
the actual bidding process usually involves submitting a price, some references, and a statement about your company's qualifications to do the job.

[Anonymous No.53101464]

>buy my course to find out how!

[Anonymous No.53101480]

>>53100985
>Drop him in Haiti
>He gets cooked alive by Jimmy ‘Barbecue’ Cherizier

[Anonymous No.53101517]

>>53101265
It helps if you're a veteran or have a veteran on staff that knows how to navigate gov red tape. But it's certainly not necessary.

also vets, women, and some minorities get preference in the case of a tie bid, but that basically never happens.

[Anonymous No.53101528]

>>53100985

>drop white boomer into the Congo
>raped and eaten within days

Big brain twitter post

[Anonymous No.53101541]

It’s kinda of funny cause the average wagie wouldn’t have air conditioning if it weren’t for the thousands of engineers and millions in capital that came before them

[Anonymous No.53101637]

>>53101395
basically you need a lot of mental support
nepotism is presented but not profound like other fields because the profession still requires a bit of intelligence

[Anonymous No.53101645]

>>53100985
>>53100994
There is some level of truth. The guy isn't going to be a "millionaire" but will have set of skills that'll make them money.

[Anonymous No.53101657]

>>53101541
engineers are wagies though

[Anonymous No.53101664]

rich people are so fucking full of themselves, like they didn't just win at slots or something

[Anonymous No.53101708]

>>53101070
>this guy tried to make a million dollar business
>the show helped him out to give off the illusion its possible

Wow, shocker.

[Anonymous No.53101724]

>>53101708
it's possible. I make essentially a new million dollar business every 3 months or so. Most business owners do the same thing over and over year after year.

you just need to know a lot more about your field than people realize. Like it probably took 20 years of learning and working to get to that point.

[Anonymous No.53101728]

>>53100985
yea they actually tried this in an experiment once it was millionaire to millionaire though not billionaire to millionaire. I think it was us to india.

[Anonymous No.53101730]

>>53101645
Billionaires have no skills. You're unfamiliar with the master-slave dialectic.

[Anonymous No.53101764]

>>53101016
>boomer platitudes

[Anonymous No.53101768]

>>53101094
you know making friends is something anyone can do right? Just don't be a piece of shit, hang out with the right people and you could have rich friends too. The only kicker which most people on here can't pass, is that you would actually need to be able to provide those friends something valuable in return later on down the line.

[Anonymous No.53101782]

>>53101730
>branding and other bullshittery
>bribery... or 'lobbying'
>kickbacks and other forms of qasilegal fraud
>tax avoidance and evasion
>networking
>spotting and exploiting talent
>managing large sales
>employing lawyers and other forms of harassment and blockading
>scalability and growth
>thinking outside the legal box
they're not skills most people have the guts to try, but they do pay the bills.

[Anonymous No.53101785]

>>53101360
Based thanks fren

[Anonymous No.53101792]

>>53101246
Are you me?

[Anonymous No.53101802]

>>53101785
np good luck.
It's just easy enough anyone can do it but just complicated enough most companies never try.

[Anonymous No.53101842]

>>53101792
Probably, all of the other doctors kids I know (baring one) avoided medicine. The best way to encourage kids to not become doctors is to have both parents on call at the same time to be left with an uncaring nanny.

[Anonymous No.53101882]

>>53101782
None of those are skills. They're practices used by people who already have the legal/political/financial system rigged in their favor.
Let them go to a Third World country where they can't access their wealth and see how far they get with no affiliation with the ruling clan or tribe and watch them end up screwed, tattooed, and roasted on a stake.

[Anonymous No.53101926]

>>53100985
This is basically true, the hardest part is to stay alive and to turn $5 into $50k. Once you have your life expenses covered + $50k to invest it gets relatively easy to make it into seven-figures.

[Anonymous No.53101940]

>>53101882
have you ever watched Schindler's List?
Aside from the themes of the movie, it's a pretty good example of how a certain sort of person makes millions from nothing.

>>53101785
You'd think being a global advertisement for contracts there'd be a ton of competition, but in my experience there's usually only about 10 bidders on most gov jobs. Of those 10, 3 will be lowball bids that can't do the job. 3 will be absurdly high hoping nobody else bids. And the remaining 4 will be serious bidders, of which the lowest gets the job.

I win almost all of my bids on government projects, there's very little serious competition.

[Anonymous No.53101948]

>>53100994
fpbp

[Anonymous No.53101957]

Get small loan of a million dollars

Kek this is too ez

Start a sweatshop factory

Kek too ez again

Open up an artisan mine

Kek not even trying

You could literally steal a rice farm and make a million in a third world country. No one will stop you.

[Anonymous No.53101959]

>>53100985
>traits, skills, characteristics
its just iq, idk what he thinks he thinks hes saying

[Anonymous No.53101982]

>>53100985
Other Jews

[Anonymous No.53101996]

>>53101782
>thinking that any billionaire actually does any of those things

Holy fuck.

[Anonymous No.53102006]

>>53101996
I've only met and studied a handful of billionaires. All of them did some of that. Some of them did all of that.

scalability is the main skill, but the others are important.

[Anonymous No.53102019]

>>53101926
Meanwhile in reality they’d be jobless with no capital in a foreign country where the average compensation is shit.

They’ve got a better chance of dying from malaria than making a million.

[Anonymous No.53102041]

>>53101996
specifically I've worked for mitt romney's sodexo/marriott. jamie coulter's restaurant empire coulter enterprises, and donald trump.

of those, all employed almost every one of the skills I listed. Other billionaires I've read up on seem to do pretty much the same stuff, though there are exceptions such as warren buffet. Or blind spots where the facts are hidden by non-disclosures such as elon musk.

[Anonymous No.53102042]

>>53100985
Read an interesting tidbit once about how most of the privileged families that got rekt by Mao in the 1960s are once again privileged. Probably something to it.

Wealth is a byproduct of more immaterial variables. Culture and values, knowledge and skills, connections, etc.

[Anonymous No.53102055]

>>53101940
So why didn't Schindler remain a millionaire after the war?
Shouldn't his valuable skills have allowed him to maintain or at least rebuild?
Or was it that he simply made the correct connections through his Nazi affiliations and was then fortunate enough to have the Nazis occupy the areas that enabled him to do business?
Even then, Schindler is a bad example. His father was a wealthy business owner and the family was ethnic German and Nazi Germany was an industrialized, 1st World nation for the time.
Schindler wasn't exactly a foreigner with $5 to his name dropped into a foreign culture with nothing but marketing skills.

[Anonymous No.53102064]

>>53102042
>Culture and values
business is mostly legal but amoral

billionaires also tend to be (usually) legal but amoral. There's a reason billionaires are often autistic psychopaths.

[Anonymous No.53102075]

>>53102055
>Shouldn't his valuable skills have allowed him to maintain or at least rebuild?
his skill was mostly opportunism, and I suspect that's true of most billionaires.

but an opportunist in one environment can very likely find opportunities in another. Unless they're being actively hunted by the law, then it's probably best to keep a low profile.

[Anonymous No.53102106]

>>53102055
and to be honest, I don't really know why Schindler failed at every effort after the war.

but I suspect it was due in part to age, and in part to the lack of startup capital as you mention.

[Anonymous No.53102132]

>>53102055
>>53102106
the other thing I suspect is Schindler did very well at illegal and unfair business practices, but failed when faced with laws preventing those.

another interesting truth of billionaires, they tend to exist in environments where they can tilt things to their advantage. Take away that advantage and they often fail. But a third world country is pretty easy to tilt if you want to.

[Anonymous No.53102170]

>>53102132
>another interesting truth of billionaires, they tend to exist in environments where they can tilt things to their advantage
That's really the main point I'm making.
Self-made millionaires can absolutely exist through opportunism, innovation, and the like. But billionaires only exist where the system is rigged to benefit them.
Jeff Bezos is a good example of someone who built wealth from relatively modest beginnings to become a millionaire. But he absolutely benefited from a rigged political, media, and regulatory environment that was tilted in his favor.

[Anonymous No.53102179]

>>53102170
....to become a billionaire and achieve his current status.

[Anonymous No.53102192]

>>53102170
>But he absolutely benefited from a rigged political, media, and regulatory environment that was tilted in his favor.
I 100% agree but would humbly suggest that once you pass the $500 million mark or so you can begin tilting the political, media, and regulatory environs in your favor, as every billionaire I've ever read about does.

hell, millionaires do that.

[Anonymous No.53102222]

>>53102041
What's the best advice you can give a wagey making less than $50k?

[Anonymous No.53102255]

>>53102222
learn your craft and move into management. From there move into business ownership. Some businesses require very little startup capital and make bank.

I started in industrial janitorial. It's needed everywhere, you can price low for local work, it's easily scaled, and it costs almost nothing to get into. The skills you learned managing other people's businesses for them will pay off for you if you can stomach the risk. You will fail. Repeatedly. Keep trying. You only need to succeed once.

[Anonymous No.53102262]

>>53102192
Put another way, how far do you think wealthy American oil baron and Jew Jacob Blaustein would have gotten being dropped into 1938 Germany with the equivalent of $5?

[Anonymous No.53102265]

>>53102255
how does one navigate amoral friendships/relationships?
i.e. who is friend and who is enemy

[Anonymous No.53102275]

>>53102262
depends on how he made it

if he got wealthy on his own I expect he'll either be dead or rich in a matter of a few years.

drop me in nazi germany and I'll be a fuckin billionaire pretty quick. I might not survive in Ecuador right now though.

[Anonymous No.53102283]

>>53102265
you don't have friends. You have profitable partners or you move on.

psychopaths and autists are ok with this. Normies can't hang.

[Anonymous No.53102289]

>>53102041
>>53102006
The fact that you believe what you're espousing I don't doubt. I'm just trying to work out how you've convinced yourself of it.

[Anonymous No.53102306]

>>53102289
>I'm just trying to work out how you've convinced yourself of it.
same way all millionaires convince themselves that they earned their position in society rather than suffering a mere stroke of luck

by comparing those that made it to those that didn't.

I don't get a lot of personal satisfaction out of personal relationships, but spending a few thousand bucks in front of a woman is like a cocaine high.

[Anonymous No.53102321]

>>53102275
To emphasize, Jacob Blaustein was very Jewish.
The whole belief system that the super-rich are the product of hard work and intellect is a lie the public follows to justify working their asses off. The worship of billionaires just helps them stay on top.
It's sort of like how people see retards like the Dogecoin Millionaire and think that they too can become rich through shitcoins, without realizing that Dogecoin Millionaire happened to have $250,000 lying around early in the bull run that he could throw into Doge.

[Anonymous No.53102331]

>>53101070
>"Deus ex machina" moments (like finding massive tractor tires in a dumpster).
tires in a dumpster doesnt seem that unlikely

[Anonymous No.53102343]

>>53102321
>The whole belief system that the super-rich are the product of hard work and intellect is a lie the public follows to justify working their asses off
absolutely

hard work is the opposite of what rich people do, and most billionaires have an IQ between 100 and 130. Definitely lazy and not particularly bright.

there is a lot of luck involved, but I would argue that a shyster in the US is going to be a shyster in columbia and he's going to either get himself killed or make a fortune in either place.

[Anonymous No.53102356]

>>53100985
>What do the ultra rich know that we don’t?
People

[Anonymous No.53102376]

>>53100985
Not true at all. Those with daddy’s money would be eaten alive and never make it. Imagine Z-berg dropped in the jungle. The only Facebook would be his

[Anonymous No.53102414]

>>53102321
I've never met a rich person that espoused hard work as a method to gaining wealth. You absolutely have to work hard to get rich, but working hard without a goal to exploit others will never make you rich.

all rich people think they're the smartest fuckers in the world, but actual tests usually indicate they're fairly dumb. Certainly dumber than millions of scientists and engineers that aren't rich. So despite what they say, the Trumps of the world aren't actually that bright.

the lack of morals is important, driven by the fire of laziness and a feeling of general superiority, whether warranted or not. Actual geniuses understand genius is no guarantee of wealth, and it's usually the opposite.

[Anonymous No.53102447]

>>53101724
Yea there are a handful of fields where you can still fairly easily replicate a model that works and create a multi million dollar business. If you have a playbook you're golden.

That being said, the playbook getting written in the first place is always about luck. I've listened to dozens of podcasts where guys who can pull this off talk about their first big business and it's ALWAYS dumb luck and just stumbling into success. Then once they know how to do it, they're smart enough to simply follow the steps that worked and do it again.

The point being: Yes, someone who already understands a successful business model can repeat that. But that does not make them special or give them special characteristics. You can give that playbook to any hard working lukewarm IQ and they'll also make millions from it. People tend to guard their playbooks, though.

[Anonymous No.53102456]

>>53102306
What do you spend the money on?

[Anonymous No.53102473]

>>53100985
No. Most don’t have any notion of how to survive in a 3th world country. They are mostly just spoiled brats.

[Anonymous No.53102475]

>>53102447
>it's ALWAYS dumb luck and just stumbling into success.
true, but that ignores the fact that they tried and failed often dozens of times before stumbling onto a winning formula

it's not so much luck, but repetition. You play the slots once and you lose and give up.
I play the slots 100 times and lose 99, never give up, and find a winner

this isn't luck, it's playing the odds.

most people can't stomach losing everything over and over until they finally win.

and even if they can handle it, the girl they're fucking won't put up with it. You wanna increase your chances of getting rich? Fuck a woman that comes from a rich family. Not just because her family can support your failures, but because she's not scared of losing money. She saw daddy do it a thousand times growing up.

[Anonymous No.53102476]

>>53102447
Methods and even word for word sales scripts are often revealed in lawsuits. If you know how to search and read through lawsuits you can steal your competitor's secret sauce.

[Anonymous No.53102487]

>>53102456
>What do you spend the money on?
what would you spend it on?

I mostly spend it on pussy. Not outright hookers, but people that don't realize yet that they have a price.

also more money. Most of my money goes to making more money.

[Anonymous No.53102520]

>>53102414
most scientists and doctors are amoral retards who think they're better than everyone else as well, they are also driven by narcissism and autism

[Anonymous No.53102536]

>>53102475
Certainly starting lots of businesses increases chances of finding a successful one, but there are countless stories of people in their teens/early 20's starting multi-million dollar businesses as their literally first work experience. The humble ones readily admit they had no fucking clue what they were doing and call out specific points where by sheer dumb luck they wind up making a literally game changing decision.

[Anonymous No.53102539]

>>53100985
Im gonna air drop an egg salad sandwich shit onto that kikes neck.

[Anonymous No.53102541]

>>53102520
>they are also driven by narcissism and autism
yes, this is one of my particular areas of interest

the INTJ retard differs a lot from the ENTJ retard. We're both retarded, but one of us can get rich quickly while the other takes a lifetime.

the true narcissist is probably better equipped to make millions or even billions. It's perhaps an integral skill. If it is a skill.

anyways, billionaires tend to be closer to the psychopath than the autistic psychopath.

[Anonymous No.53102551]

>>53102536
yep, luck plays a huge part in a first time success.
less of a role in each subsequent try

but most people that get rich don't actually try anything new. We do exactly the same shit millions of other rich people have already done. You don't have to invent house painting or lawn mowing to get rich off it.

[Anonymous No.53102564]

>>53100985
Of course not. Billionaires started with wealth and then networked that into more wealth. Are there cultivated traits, skills, and characteristics that help with that? Yes, and they revolve around already being wealthy. Rich people don't talk to normal people, they have employees to do that, but they will lend an ear to members of their own circle, who want them to take a chance on their kid's startup.

[Anonymous No.53102567]

>>53100985
It is such a false ass assumption. Every billionaire started off with a high million dollar investment either through family loan or bank loan. Even Mark Fuckerberg had is dad dump him $40,000 in equipment to run Facebook.

The real tweet should read a billionaire gets dumped into a third world country with $100,000 and in a few years will be a millionaire.

[Anonymous No.53102575]

>>53102564
>Rich people don't talk to normal people,
or if they do normies either don't believe it or don't understand it or declare it immoral

you choose.

[Anonymous No.53102581]

>>53102567
>a billionaire gets dumped into a third world country with $100,000 and in a few years will be a millionaire.
the real test should be making a billion dollars

anyone can make a million in a day from nothing if they know how, and billionaires certainly know how.

[Anonymous No.53102610]

>>53100985
they know a massive amount of high level knowledge that you don't, like how to scout and sell talented people on joining their venture, how to properly delegate, how equity and other startup legalese works, how to raise money various ways, various kinds of marketing, etc
once you've built at least one mid market sized business, it's near impossible not to succeed again unless you just don't want to. if people didn't get bored of buildnig businesses the entire world would already be monopolized by 2 people. you see what rockefeller did in a very short amount of time, that motherfucker never got bored, most do. it's all the same shit you just swap the product out

[Anonymous No.53102613]

>>53100985
I don't know about the third world country part because the way things operate may be outside their wheelhouse, but it's likely for them to build another little empire. If you look at the stories of rich people, most of them will include a part where they built a business and got rich, then lost everything and had to start again from scratch, then built a business again. Obviously it's no guarantee, but their skills or drive or something usually leads them to rebuild after they crash and burn.

Of course, biz and other normies will seethe and cope by saying the successful person had some certain advantage and it isn't fair, but it comes down to being able to create your own luck by seizing opportunities or making your own instead of complaining and doing nothing.

[Anonymous No.53102640]

>>53102581
Give them over 10 years and they'll exploit up to a billionaire.

Billionaire business strategy usually involves grifting the masses and having other rich people dump them money. Not actually making a product or industry.

Most startups don't ever reach billions in revenue from sales until after 25 years or the next generation takes over.

Tech start-ups reach billions when idiots pour their cash down an empty hole.

Space x made no money for years But had fuck ton of investors, including governments.

[Anonymous No.53102659]

>>53102581
spot on except people get bored way too fast to get to a billion so it's not a real test of anything except you wasted your entire life making money. the point of life isn't to stack money and then die having done nothing with it. tate is a retard but his rant about nothign to buy is very accurate. you just rent jets/yachts that's literally all there is after you can afford a lambo, there's nothing else. albeit the lambo is actually more life changing than people think but that's still about all there is

[Anonymous No.53102669]

>>53100985
>be billionaire
>airdropped into a 3rd world country with $5 in my pocket
>enter the nearest bank
>ask for a small loan of $50mm
>get it
>win at life

[Anonymous No.53102673]

>>53102640
>Give them over 10 years and they'll exploit up to a billionaire.
as a millionaire and not a billionaire I think the step up to billionaire is even harder to make than the step to millionaire.

like 8% of the US is millionaires, but far less than .8% is billionaires

I think you're way less likely to step up to billionaire than millionaire, and almost nobody here has made millions.
the biggest problem in my experience is once you hit about $5million you get really comfortable and have no particular drive to go higher.

[Anonymous No.53102682]

>>53102659
>you wasted your entire life making money.
to an autistic person there isn't a lot else

leave me alone
let me fuck womens
feed me some booze or whatever.
let me show off

that's all we really want.

[Anonymous No.53102702]

>>53102673
>like 8% of the US is millionaires
how is this distributed age-wise though? having 1M in your 401k at 65 makes one a "millionaire" but you can't risk that nest egg unless you want to be a walmart greeter in 70ies.

[Anonymous No.53102703]

>>53102673
If you made $100,000 a day. It will take you 10 days to be a millionaire.

At that same rate it will take you 27 years to be a billionaire.

Billionaires win a lottery that the top 10% couldn't fathom.

[Anonymous No.53102724]

>>53102702
yep, most millionaires in the US can't repeat it because it took 50 years to do
>>53102703
contrarywise,
most millionaires in the US can't repeat it all day every day because of scalability

I can easily make a million dollars in a single day. I absolutely can't make a million dollars every day 365 days a year. Scalability.

[Anonymous No.53102732]

>>53100985
survivorship bias, lots of big money ppl are unwilling to admit luck was a factor in their extreme success. some realize it tho.

that's not to take away from the fact that there are ppl out there who you could zero out their net worth and they could do it again reliably. lots of people think they're "that guy" when they're not tho.

[Anonymous No.53102740]

>>53102732
>there are ppl out there who you could zero out their net worth and they could do it again reliably
every going concern ever
literally millions of people

[Anonymous No.53102748]

>>53102331
Tractor tires are. Those things are hundreds of dollars.
>>53101121
That $200K is the average for GP's now (you won't start on it and for years people weren't on it), and it covers years of schooling and residency. On top of that residency and having to live in hospital towns or cities eat a chunk of your salary like you would not believe.

[Anonymous No.53102797]

>>53100985
Nope if $5 = millionaire in a few years

Then these billionaires should already be 100x their networth. Pushing them far higher than the current US debt

[Anonymous No.53102810]

>>53102748
Eh I work around a lot of heavy equipment and we auction shit for next to nothing super often(federal dept).

For example we just sold off probably 10k worth of lumber in office furniture for less than half a cent on the dollar. Pre lumber crash it would have been probably 20k.

Same thing with heavy equipment. We auctioned off old grader parts for next to nothing. Tires with 100 machine hours on them sold for like 25 bucks a piece.

You can find a lot of shit for dirt cheap if you buy it at government auctions.

[Anonymous No.53102819]

>>53102797
scalability.
a million is relatively easy
a billion is almost impossible.
a trillion is ruling the world.

[Anonymous No.53102830]

>>53102810
>doesn't rent graders from a contractor like me
your department is dying out.

[Anonymous No.53102834]

>>53102830
We rent shit all the time kek. My department is a massive waste of money

[Anonymous No.53102840]

>>53102834
>My department is a massive waste of money
good OPSEC anon, this gives us zero information of which department you are in because they are all massive wastes of money

[Anonymous No.53102850]

>>53102834
hard to say but they need to pay you for operations and me for equipment liquidation.

I'm cheaper for one but not the other.....

[Anonymous No.53102879]

>>53102834
If I hire an operator on a gov project I have to pay gov wages

but if I sell a loader from a gov operation I can charge anything I want. And I'm better at finding deals than the GSA.

arbitrage. Gov contracting lives off arbitrage.

[Anonymous No.53102893]

>>53102475

Your posts have been of greater value than anything I’ve read on /biz/

[Anonymous No.53102904]

>>53102840
>they are all massive wastes of money
if that was true government contractors wouldn't exist because we couldn't do business cheaper.

in reality the government in the US is an amazing deal for the taxpayer, and people like me love it when you say it isn't.

[Anonymous No.53102911]

>>53102893
thanks anon
just true facts as I've experienced them.

[Anonymous No.53102912]

>>53102904
>in reality the government in the US is an amazing deal for the taxpayer
yeah, I too love providing free stuff for millions of brownskins

[Anonymous No.53102934]

>>53100985
>Is this true?
It is not true.
>>53101070
>Picrel was a TV show
Americans everyone.
Lets be fucking honest, if I dropped you off in buttfuck no where Alaska one month before the frost you would die of hypothermia, rich man or poor.

[Anonymous No.53102950]

>>53101768
>you could have rich friends too. The only kicker which most people on here can't pass, is that you would actually need to be able to provide those friends something valuable in return later on down the line.
I am not giving rich fat fucks more of my money and time, Fuck you, I refuse to make friends with rich cunts, you guys are awful to be around, prissy pussy cry babies and stuck up as all fuck.
BEING A FRIEND MEANS HELPING YOUR FRIENDS WHEN THEY NEED HELP IT ISNT BUMING FOR FREE SHIT YOU FAT FUCK.
Christ rich kids are the worst.>>53101768
>Just don't be a piece of shit, hang out with the right people and you could have rich friends too.
Nah, Im good, I am not a whore.

[Anonymous No.53102951]

>>53102912
>yeah, I too love providing free stuff for millions of brownskins
lol

most of what we do is for you. You wouldn't even be posting here without us. You certainly wouldn't have a job because you can't afford to build the road or the internet to your employer

the free rider problem is a different story from your own personal failure or mine without cooperation.

[Anonymous No.53102953]

>>53102904
>in reality the government in the US is an amazing deal for the taxpayer
what did he mean by this?

[Anonymous No.53102959]

>>53100985
Biggest cope I've ever seen lmao. Most billionaires are billionaires because they got massively lucky at some point in their life. Millionaire status might be possible for almost anyone that works hard enough, in the first world at least. In a third world country you're probably fucked no matter how hard you try.

[Anonymous No.53102965]

>>53101882
>Let them go to a Third World country where they can't access their wealth and see how far they get with no affiliation with the ruling clan or tribe and watch them end up screwed, tattooed, and roasted on a stake.
Unironically, if you faggots thought it was bullshit you would give away all your wealth, move to Africa and try to start up an enterprise all by yourself, but you wont...because it would prove that trust funds only have what they have due to inheritance and THEY WOULD BE IN THE SAME BOAT AS US WITHOUT IT.

[Anonymous No.53102967]

>>53102953
>what did he mean by this?
I mean if you pay me or people like me to do the same services you will pay 10 times more and this extra money won't go into the pockets of the people doing the actual work. It will go to me and all to me.

[Anonymous No.53102980]

>>53102951
Surely you jest. You can't seriously be implying that no infrastructure would exist without the government.

[Anonymous No.53102981]

>>53102042
>how most of the privileged families that got rekt by Mao in the 1960s are once again privileged.
Probably because of the Wealth initiative they have been doing in China thanks to Mao.
You fucking idiot.

[Anonymous No.53102984]

>>53102965
>THEY WOULD BE IN THE SAME BOAT AS US WITHOUT IT.
cope sorta

you can easily learn to make far more than you do

the biggest obstacle to you getting rich is actually the belief that it's not possible or not a matter of quality.

[Anonymous No.53102988]

>>53102980
>You can't seriously be implying that no infrastructure would exist without the government.
it would absolutely exist

you would absolutely not have access to it.

[Anonymous No.53102994]

>>53102306
>suffering a mere stroke of luck
Such is life in the Zone.
Some are born blind, some are born in a wheelchair, others are not able to be born and others die after they leave the womb.
You got lucky being born after WW2 but before they sold this country out.

[Anonymous No.53103006]

>>53102994
I am a boomer so yes.

but the opportunities I exploit come up every year, so they are not new and they are not barred from you exploiting them.

I'm 50 but you can compete with me for money right now, on the internet. you won't.

[Anonymous No.53103008]

>>53102951
>muh roads
it's a massive cope. we get the least amount of value per dollar spent among major countries whether it is infrastructure or healthcare or education (military spending I can get behind; the tech is best bar none). all of this waste is enabled by our exorbitant privilege but don't bet that your grandkids will have the same.

[Anonymous No.53103011]

>>53102967
How? Government has a long history of making things more expensive and worse quality.

Are you saying that because government contractors are able to rip off the government? Of course they can because government is bad at managing things and getting good value. The contractors could not pull the same shit on private clients long term and maintain reputation.

[Anonymous No.53103016]

>>53103006
K boomer so why aren’t you a billionaire? Didn’t try hard enough I guess. Should have taken more of those internet opportunities.

[Anonymous No.53103017]

>>53102613
>where they built a business and got rich, then lost everything and had to start again from scratch,
How scratch we talking here? Homeless with zero contacts? Or "Hey mom? Hey Dad? I need some capital".

[Anonymous No.53103023]

>>53103008
>we get the least amount of value per dollar spent among major countries
true facts
we're not comparing countries, we're comparing what the US gets vs what I offer. They consistently get a great deal by hiring veterans for far more than they're worth and far less than I charge.
>don't bet that your grandkids will have the same.
i don't

this goes back to OP.
If I know how to rip you off and I teach my kids to rip you off, will my kids do better than your kids?

the answer is probably yes.

[Anonymous No.53103025]

>>53102682
>let me fuck womens
Mentally ill people should not be having sex.

[Anonymous No.53103032]

>>53103011
>The contractors could not pull the same shit on private clients long term and maintain reputation.
the gov is more exacting than most people
>>53103016
>K boomer so why aren’t you a billionaire
scalability

[Anonymous No.53103035]

>>53103025
>Mentally ill people should not be having sex.
true, but women prefer mentally ill men 3 days out of every month and sometimes more.

[Anonymous No.53103037]

>>53102748
>Tractor tires are. Those things are hundreds of dollars.
I've seen as low as 95.99$ and Over 1k USD.

[Anonymous No.53103041]

>>53101016
This anon fucks

[Anonymous No.53103043]

>>53103023
sure contractors are better than govt bureaucrats. no dispute there. I must have misread your post as defending the latter.
while we are on the topic, any good book recs?

[Anonymous No.53103044]

>>53101028
Luck only happens to hard workers. Hustlers don't wait for luck.

[Anonymous No.53103055]

>>53103041
you have no idea

I'll go to my grave knowing I fucked 300 times more women than the average anon, and that's really all I need

[Anonymous No.53103060]

>>53103043
>any good book recs?
for biz?
fuck no

I like the dune series in its entirety for econ, ecol, science, and soc

[Anonymous No.53103084]

>>53103032
Maybe stringent but not efficient.
https://www.youtube.com/watch?v=aOPR3VgGa1U
>>53102988
Sure I would. Capitalists get richer by making their services available to more people.

>>53103017
It varies. Sometimes reduced to living in their car and eating beans and rice, or owning nothing but the clothes on their back.

[Anonymous No.53103102]

>>53103084
>Capitalists get richer by making their services available to more people.
not if they don't pay for it

you complain about paying for it and don't realize someone else is picking up most of the tab

it's funny. But a business that sells to you and to the government sees it
you can't afford me
your government can afford me.

[Anonymous No.53103114]

The idea of dropping Bill Gates into a third world shanty town rather appeals to me actually

[Anonymous No.53103131]

>>53103055
average anon here fucks 0 women. 300x0 is still 0

[Anonymous No.53103132]

>>53100985
>wowee another twitter screencap thread full of niggerfaggots!
not a third world country, honest people don't get ahead ever and some nog will just shoot him before he gets off the street
in a first world country, then yeah this is most likely true. he'll get gibs and free housing immediately and then he can get a job to invest

[Anonymous No.53103141]

>>53103102
You're making my point. Government enables grifters like yourself to do your thing. Private free markets would either force you to operate more efficiently and make you provide a service people want for a price they can afford, or go out of business as someone else fills that role.

>government can afford me
Just because the money passed through the government doesn't mean the populace doesn't pay for it. There's nothing for free. Having the government as the middleman makes it possible for the less efficient contractors to prosper.

[Anonymous No.53103150]

>>53103131
let's split the difference, I've only fucked a couple hundred women. 3 of them I paid so they don't really count.

but really, is there more than pussy, loving your kids, doing well by your own standards, and dying satisfied with your start and finish?

none of that actually relates to money unless you find money interesting or challenging.

There are homeless dudes happier than me and they legit won the game. Anyone can win, just be happy with what you do. Do what makes you happy. If you need money or pussy try my methods. if not, carry on.

[Anonymous No.53103157]

>>53103141
>Private free markets would either force you to operate more efficiently and make you provide a service people want for a price they can afford, or go out of business as someone else fills that role.
yes, in a free market nobody can afford roads.

[Anonymous No.53103170]

>>53103157
80% of highways in France and 50% in Italy are privately-built. You probably can't afford endless sprawl but you can definitely afford roads in economically useful areas.

[Anonymous No.53103194]

>>53103170
>80% of highways in France and 50% in Italy are privately-built.
not a free market because those roads are charging a toll that's subsidized by government support of automobile manufacture, gasoline import, property seizure, wage reimbursement, and tax breaks.

in real life you'd have to conquer the entire world to get me to build you one interstate. but we digress into Keynesianism. which the libertarian is deathly allergic to and the capitalist gets fucking rich off of.

[Anonymous No.53103208]

>>53103194
yeah, yeah, truly free markets don't exist. still better than nanny state we have now.

[Anonymous No.53103211]

>>53103157
The US had privately built roads before the government made them

[Anonymous No.53103217]

>>53100985
I wish I could believe nonsense like this. These people seem happier believing in a just world fallacy.

[Anonymous No.53103218]

>>53103208
I don't know what's better

I only know what makes me rich and you poor.

what gets me laid and you alone.

you see where i'm going with this I'd guess.

[Anonymous No.53103222]

>>53103218
lot's of assumptions here. I'm starting to feel like this is a LARP

[Anonymous No.53103225]

>>53103211
>The US had privately built roads before the government made them
yep

not many and not connected, but they were there.

[Anonymous No.53103243]

>>53103222
Are you rich and not capable of understanding how 300,000,000 people can afford a thing easier than 1 person can?

seems pretty unlikely, but retarded people do win the lottery sometimes I guess.

[Anonymous No.53103309]

>>53103222
I mean do the math

lets say you buy a dollar worth of road
and 300,000,000 other people buy a dollar worth of road

they're going to get 300,000,000 more road than you will

so say you make 300,000,000 more than they do. Now you can afford to make as much road as they can, but are you really going to spend all your money on road? of course fucking not. You don't need all that road and you'll never use it. And at that level of income you're not just one in a million, you're one in 300 million.

we can't wait for you to give us roads. Fuck you, kys.
We're going to make those roads by our sheer numbers because there's nothing in it for you and everything in it for us.
that's why you lose. You think small.
you are a small thinker, a small person.

[Anonymous No.53103345]

>>53100985
Succesful people like wanking themselves off and pretending luck was never a part in the equation. Guys like this Nate faggot have never seen the 3rd world up close.

[Anonymous No.53103346]

>>53103309
why are you double-replying that anon with nonsense? most roads didn't need to be built, just like most college degrees didn't need to be awarded. both enabled by government's excessive spending. yeah you profit from the grift but that doesn't make the grift something noble and you a "big person".

[Anonymous No.53103358]

>>53103222
300 million mcdonalds dishwashers will always be worth more than you

and the person that represents 300 million mcdonalds dishwashers will also always be worth more than you.

guess what the government is?
yep, the will of 300miillion workers, including you.
because we can force you to cooperate.

where does power concentrate?
you can hate it but you don't have the power to change it.

[Anonymous No.53103375]

>>53103346
>that doesn't make the grift something noble and you a "big person".
lol

when did i claim to be noble or big?

I said I fucked hundreds of times more women than you and I'll say I've made millions of times more money than you.

I also said that doesn't matter if you don't care about fucking or making money.

I like fucking and making money, and I'm 99.9% likely better at both than you.

[Anonymous No.53103405]

>>53100985
Ultra rich are that way because of contacts and networking. Take away that and he's just like any other snake oil salesman

[Anonymous No.53103406]

>>53103346
>most roads didn't need to be built
every road needs to be built if you don't want angry americans with no roads shooting you.

[Anonymous No.53103798]

>>53103358
Jesus just shut the fuck up

[Anonymous No.53103831]

>>53100985
Depends if goy or jew

[Anonymous No.53103951]

>>53100985
In that case the billionaire would be killed for not having enough money to satisfy the robbers.

[Anonymous No.53104074]

>>53101070
have not seen the show but wouldnt it also help to walk around with a camera/production crew?

[Anonymous No.53104089]

>>53101070
His face tells you all you need to know

[Anonymous No.53104432]

>>53100985
We should airdrop every billionaire into 3rd world countries to text this theory. Except George Lucas; he's alright.

[Anonymous No.53104454]

>>53102682
you are so cringe it hurts

[Anonymous No.53104482]

>>53103951
>the billionaire would be killed for not having enough money to satisfy the robbers.
thats why you always carry an extra letter bomb with you

[Anonymous No.53104549]

>>53100985
>What do the ultra rich know that we don’t?
How to ask their parents for money.

One of the reasons small start-ups like Apple were successful is that the founders could take risks knowing their rich parents would bail them out.

[Anonymous No.53104576]

>>53101165
go on... i can be a concrete contractor, ive thought about quitting my job as a foreman and starting but im too cheap to borrow money or spend my 180k savings

[Anonymous No.53104597]

>>53100985
Internal locus of control. Basically instead of whining about the jews on imageboards they go out and become jews themselves.

[Anonymous No.53105070]

if its a jew he wont succeed from nepotism therefore not really.

[Anonymous No.53105882]

Investment banker here. If this is an executive billionaire and not a heir, they would absolutely be a millionaire in a few years (assuming they don’t die and shit).

I work with C-level execs all day and they all have lots of very specific industry knowledge and skills that would make it very easy for them to get a job that over a few years can put their net worth north of a million.

Many of my bosses could easily do it in my own profession. Get dropped in Nigeria, head to nearest JPM office and apply for any IBD position. They would immediately be snagged at a discount for at least a VP position, which they would graduate from very quickly and get commensurate pay.

Execs are no different, but more industry specific.

[Anonymous No.53105951]

>>53100985
Kek, most billionaires were already born into money or at least didn’t have to worry about dumb shit like paying for college. In a 3rd world country your main priority is to put food on the table and not get robbed, not start a business

[Anonymous No.53105987]

I guess it can be true for purely self made billionaires. Not true for anyone who started out from inherited wealth or went through business school and then climbed the corporate ladder.

[Anonymous No.53106024]

>>53103150
Grow up

[Anonymous No.53106155]

>>53102988
retard
I hope you experience the socialism you're dragging everybody into. Leave us the fuck alone, stop trying to force us to work for free

[Anonymous No.53106227]

>>53101250
>comparing women to men

[Anonymous No.53106690]

>>53101130
>murdered immediately
Exactly. The western rich wouldn't take care of basic security needs first. Plus they're not the right tribe to succeed in Africa. In other places they better be white. Not to mention they should also have a third world education to make it fair.

[Anonymous No.53106806]

>>53101028
>Getting rich is like 95% luck.
True, but you also need to have the skills to take advantage of lucky events.

i.e.
I had enough Solidity knowledge to take advantage of DeFi summer by making my own shitcoin platform and earning a few million dollars.
However, I didn't have enough knowledge to exploit other platforms, which would have earned me a lot more.
I had a hunch that Pancake Bunny could be vulnerable to a flash loan exploit because they didn't use Chainlink oracles, but I didn't know how to verify that. If I had an extra year of smart contract dev experience, I'd be $30m richer today from exploiting that one platform.

[Anonymous No.53107098]

>>53101016
>60 posts by this ID
Committed retard larp

[Anonymous No.53107127]

>>53100985
They know people in powerful positions that’s it. Most of them are fucking retards

[Anonymous No.53107196]

>>53100985
In a country where he is a free man, can engage in free trade and has his rights protected by democratic institutions: yes.

In a third world shithole where none of the aforementioned qualities apply: no.

[Anonymous No.53107198]

>>53107127
/thread

[Anonymous No.53107217]

>>53104089
makes me think of the hbar scammer
the show was about conning normalfags into buying something worthless, wasn't it

[Anonymous No.53107252]

>>53100985
Somewhat true because they still have so much (((connections))), that they could just start working for one of them and easily move up the ladder or start a business venture with them

[Anonymous No.53107456]

>>53101070
This is Mike Rowe tier propaganda. To give the plebs hope, and also to demoralize them into working life denying jobs (like trades, I see trades shilled forever even after the era of boomer trades has ended). This whole pleb to millionaire could be possible if one was extremely persistent and ambitious. But billionaire? Don’t make me laugh, look into bezos or any of the other manufacturered whnderkind pedaled to the pleb masses to give them hope. Bezos, Zuckerberg, Gates and Musk are all cia operatives and with the age of social media everything is distortion of reality. Once you learn that you can live a free life as a westerner enjoying the greatest tech in the history of mankind. Work as much as you need to make bills and enjoy all your free time and especially your youth…

[Anonymous No.53107496]

>>53101657
They aren’t even paid that good desu. All that hard schooling, along with gargling their physically subhuman supervisors cock, and for what? $80k a year lol! There’s bartenders and mailmen that make that for fucks sake.

[Anonymous No.53107615]

>>53102487
I’ve never been beta bux, but I have used money to mesmerize young sloots before (buying them food, jewelry, little shit to own them). Spend some money on some pot and you’ll have lots of young gfs (weed makes sex amazingly good btw, even lazy missionary feels like the Elysian Fields). I always spend money not on stuff, I still drive my Honda civic for fucks sake. But on life affirming experiences, I’m all about good food, mogging (am a bodybuilder), nice clothes, and ofc my epic coom shot. Dudes waste money on boats and other stupid shit. I wish they would legalize prostitution and make apps for it. I would order an only fans whore right to my front door like pizza gf or not. Retirement? The smith and Wesson retirement program is an option for aged over the hill pleb men so… use your money to get those steaks and those coom shots boys. Fuck everything else

[Anonymous No.53108281]

>peach id faggot ruins thread with over a quarter of posts
uhmazin

[Anonymous No.53108545]

>>53100994
Depends, drop him into Somalia and I guarantee you he'll be robbed of all his valuables for ransom and maybe left alive as a buttslut on a pirateship in the best case scenario.