Entrepreneurial Advice From Billionaires

philmonroe

Superstar
Joined
Jun 19, 2012
Messages
28,909
Reputation
730
Daps
37,473
Reppin
The 215
Meaning all people do it but I'm speaking directly about us because us failing is extremely detrimental in an environment where to many of us are failures
No shyt you were speaking about us. I like to put that because some people on here like to play stupid so as to avoid confusion I let cats know its everybody even though obviously we talking about blacks in this thread
 

EndDomination

Veteran
Supporter
Joined
Jun 22, 2014
Messages
31,831
Reputation
7,392
Daps
111,836
Every person who achieved wealth and influence had a mentor who was wealthy. And gave them advice. Not money. The advice wealthy people have to offer is valuable. Not just giving someone 900k.
Not really?
Look at the ten wealthiest Americans right now: Gates, Buffet, Ellison, The Kochs, The Waltons, and Bloomberg.
Gates: Born into an upper-middle class to upper-class family, attended exclusive private schools his whole life, parents encouraged him to be competetive, started software/hardware design prior enough to the tech boom to secure a spot as one of the top companies, along with his wealthy and equally-educated partners.
Buffet: Congressman as a father, was immersed in finance and stockbroking at an early age and was encouraged by parents to pursue his financial dreams; started finance as a career right before an economic upturn.
Ellison: Honestly the only one who achieved anything from a less-than-wealthy upbringing, able to partner with a shrewd businessman and programmer.
Kochs: Already very wealthy family, wealthy upbringing, private schools, private colleges, steered toward wealth by their parents
Waltons: Same as above
Michael Bloomberg: Worked at a bulge-bracket, was given partnership and then $10,000,000 as a severance-package, started company and used contacts from previous job to start its growth, profited enormously.

The advice in each of these videos is absolutely useless unless you have a backing, good body of contacts and investors, or a massive business opportunity already present. A lot of them are exceptions too, especially Tyler Perry.
 

YouMadd?

Chakra Daddy
Bushed
Joined
May 1, 2012
Messages
24,192
Reputation
1,590
Daps
69,884
Reppin
California
Not really?
Look at the ten wealthiest Americans right now: Gates, Buffet, Ellison, The Kochs, The Waltons, and Bloomberg.
Gates: Born into an upper-middle class to upper-class family, attended exclusive private schools his whole life, parents encouraged him to be competetive, started software/hardware design prior enough to the tech boom to secure a spot as one of the top companies, along with his wealthy and equally-educated partners.
Buffet: Congressman as a father, was immersed in finance and stockbroking at an early age and was encouraged by parents to pursue his financial dreams; started finance as a career right before an economic upturn.
Ellison: Honestly the only one who achieved anything from a less-than-wealthy upbringing, able to partner with a shrewd businessman and programmer.
Kochs: Already very wealthy family, wealthy upbringing, private schools, private colleges, steered toward wealth by their parents
Waltons: Same as above
Michael Bloomberg: Worked at a bulge-bracket, was given partnership and then $10,000,000 as a severance-package, started company and used contacts from previous job to start its growth, profited enormously.

The advice in each of these videos is absolutely useless unless you have a backing, good body of contacts and investors, or a massive business opportunity already present. A lot of them are exceptions too, especially Tyler Perry.
You just proved my point. All of these men found a mentor, or got advice from a mentor who had already achieved the wealth they had.
 
Top