The richest 10% own 70% of the country’s wealth

[rapbeats]

Startup capital is not the answer. If it was all these VC companies would succeed


The issue here is just expectations for being average and doing the bare minimum.
This $50k/year breh with an $80k college debt probably spent time chasing hoes. playing 2k, partying etc
and other distractions

In order to succeed in this system - your core focus has to be $$$$$$$$ and you have to be dedicated
and be prepared to fail over and over and over again , get heartbroken, lose friends, lose lovers etc ...

Until you reach a point where you can automate your income generation and divorce your time from
making money. Then you do whatever you want including helping those less fortunate and offering
opportunities to them

stop it with the facebook prosperity nonsense.

let me use your own line. You have to be prepared to fail. You think its all about mental prep. no it aint. its about financial prep. You need to have money squirreled away just in case the venture doesnt work out as planned. many people dont have that cash to put away to begin with. let alone have it when they start that business. you want to end up homeless, sleeping out of your course out of necessity not because you chose too? go ahead.

there are many more failed attempts at business by broke people that are not even accounted for. the numbers i gave yall are those reporting back to the SBA, or even properly setting up their companies and getting a Small business license. if they dont do that, the SBA can't count them in the numbers i provided. so the numbers there are actually conservative when it comes to the failures. That doesnt mean i'm anti "start your own" or anti "give it a shot". I'm not. Been there done that. and if the right stuff presents itself, i would do it again.

You can be all about your money, but not be smart enough in the field you want to go into business. therefore you need at least one partner that knows that area and has some expertise in that area to keep you from going belly up right out the gate. odds are if you're super broke, you dont mingle with those type of people. There's a reason the broke stay broke. and its not just one reason. there are many.

There is also a reason why super rich people dont send their kids to public school or regular state universities that are decent to good. they send them to ELITE schools. WHY would you do that? they dont need the education, they are already rich. but no, their parents do this to make sure their kids have even more connections to keep making dat moola forever. Sure a handful of slick bruhs and slick ladies and sneak into the elite spots without a ton of assistance to do so and fine some mentors and learn from them and make good with that. but most aint going to have the ability to pull that off. most people dont even have that gift of gab or that vibe that attracts people with money and power to you. they cant be taught. that is in you or its not. doesnt mean you cant make a good business. it just means it will be more difficult for you if you decide to go into a field that you Think you like but know very little about and people around where you're from know very little about it.

There are a good 100 reasons why broke people dont and wont do well at business. there are a handful of reasons why they would. And its not all about hustling hard. thats like saying practice makes perfect. No it doesnt. Thats a lie. or a half truth. The real line is "PERFECT PRACTICE, Makes PERFECT". meaning. if you practice incorrectly, you will form bad habits and do things incorrectly. all that hustle and hard work for nothing. its what we use to call "hustling backwards." Sure you're hustling, but you aint doing it right.

i've known people who have lost sleep, lost contact with family and friends, lost bf's and gfs all for the idea of making money/business. and they never ended up making any real head way when it came to their business ventures. WHY? They were hustling....Backwards. They were practicing incorrectly. The #1 reasons is They are not following someone who has already done it right in that arena. Now with youtube and the likes, you have a better ability to pull that off without knowing everyone. but to do that, you have to do a ton of research on these people you see are hot on youtube to find out if they are actually doing well in real life with their businesses. if so, then you can try to find their old videos when they got started, and follow them til now. and see what intel you can gather.

 

[rapbeats]

It doesn't matter because you'll find reasons to invalidate any information given. I know those of your ilk
and have dealt with many of you throughout the years.

Those who really want to be successful will be

another facebook lie. You can want to be white if you're black. but it wont actually be the case in reality. so if i can't turn into a rich white man because i WANT TO. why the hell should anyone believe all you need to do is REALLy want to be successful at business to do so? STOP IT.

stop giving people these 5 links, ponzi scheme, facebook talky talk, prosperity preaching half truths. Give all the intel or keep it moving. stop pumping up these people for failure.

I've given more REAL intel without the bs talk then you have. and you're the one who "made it" happen.

Someone like you would say but look at Jay Z, he went from marci to a bili. True. Props to him for sure. and you think all he did was hustle hard. HAA HAA.

#1 he was born intelligent. More intelligent than most of his peers. how do we know this? #1 listen to his raps. #2 to go from being a drug dealer, to owning your own company, to choosing the right group of hustla homies to go into business with, to knowing when to cut an old homie off(dame), to making sure you dont marry anyone until you feel she's the perfect fit for your idea of success(not just a dime piece, etc, etc, etc, etc, etc.

Jigga man was supposedly even a good student when he went to class. Thats again obvious if you pay attention.

You do realize most people are not intelligent. most people are average. Not saying you have to be super smart to make a good business. there are a lot of people that know how to do one thing very well and there is a customer base for that one thing and thats all you need. we all have stories of great grandparents or aunts/uncles who couldnt read or never past the 8th grade that owned shoe shop, or bbq joint, etc.

But even those people are intelligent at the thing they do very well. you cant just be some guy that wants it bad and thats it. you have to have that IT factor in the business you want to go into. and if you're really poor you're going to need a ton of help and a ton of luck and blessings to come your way.

Jayz could've been killed at any point during his dealing days. Jay could've been locked up for heavy years like some of his peers. most of the time he wasnt due to his intelligence. other times he was LUCKY and had a team of loyal dudes that wouldnt rat.

and then now even as a rich rapper. to keep making money moves into the right stuff, you need another batch of very rich WHITE PEOPLE mostly, to tell you how to move to make that money multiply like crazy. and even then it still takes some luck when you choose what to invest in. you jump on these startups and some pan out and others dont. you dont know which will pan out. its a low key gambling. 50 cent got some what lucky with vita water. but look at what he did with that money. it was seed money for him to do everything else he's done since.

Chamillionaire actually knows about a bit of tech but even he got a little lucky too. balling now.

I'm keeping it hiphop since thats the actual board i'm on. just to prove a point. Fat A.Walker from the Celtics made all that money and lost most of it. not gambling. not messing with women or cars. he lost most of it in real estate. he chose the wrong investments or the right ones at the wrong time(housing crisis). and bam. money gone.

There's plenty of these dudes who get robbed by their accountants. or just get bad business advice. and how would they know if its bad or not? they didnt grow up in these arenas.

so these ultra rich people can eff up. what the heck are you and I going to do? and how will we recover?

 

[rapbeats]

or maybe you just want to hear more of what you already believe

I'm black, my father died when I was 16

I was in debt from the day I went to college up until last year (10+ years)

the problem with your mindset....is that you are overly concerned with what you "have". Noone with this mindset attains wealth.

Wealth is all about what you give. If you change the way you view the world from this lens it will be clear as day how anyone makes money.

As far as the stats and all that let me tell you why they fail:

Failure to Leverage and creation of a Poor Offer

In order to make a business work, you need to understand Leverage first and foremost. Most businesses have a "perfectionist" mindset and spend more time planning than doing, and ultimately get outmaneuvered by their competitors.

There are 4 kinds of leverage

• Monetary Leverage - self-explanatory
• Marketing Leverage - put your business out here, 80% of businesses have no means of attracting customers outside of a sign)
• Manpower Leverage - Most businesses fail to hire when needed and try to do it all themselves. They ultimately move slow, while their competitors move fast to match the market.
• Systems Leverage - Use technology to improve how they deliver products/services (think FBA as opposed to packaging your goods yourself)

The offer? Most businesses just take what someone else is doing and attempt to come to market.

They find out a hard lesson. In business there are:

• Inventors - Those who first come up with the idea
• Innovators - Those who improve on the idea
• Imposters - Those who just run with whatever is already working

At the end of the day, it still goes back to a willingness to jump in and to CONTINUOUSLY self-educate. Most people simply miss the core mindset needed to accomplish these things and fail outright. Thus why back in the 1800s where there were more entrepreneurs than jobbers it was an easy sell to convince someone poor to work for someone else who figured it out. It's gotten worse to the point now where wealth is shifting all in the direction of entrepreneurs and shareholders (investors).

But hey! Don't let me change your mind. All those figures should let you know that it's too scary for you to attempt it.

I compare it to jumping off the high dive. Everyone thinks about what could happen. The guy who does attempt it only thinks about how he's going to dive.

oh so he finally pulls up with a hint of psychology on the subject.

If you were running for president and what the people wanted to or needed to know was what you did to get to where you are today business wise. If all you can give them is a little bit of business psych talk. you would surely lose. not because the people's minds are too weak to hear you. its because you either are lying and dont know the actual answer. Or you for some reason dont know how to articulate the specifics, or you dont care to do so because you really dont want others to know. you like feeling like the special one. which is why you keep posting half truths in this thread. Post actual tangibles or kick rocks. its up to you. you have the answers according to you. give up the goods and stop playing. or move along.

 

[Cynic]

stop it with the facebook prosperity nonsense.

let me use your own line. You have to be prepared to fail. You think its all about mental prep. no it aint. its about financial prep. You need to have money squirreled away just in case the venture doesnt work out as planned. many people dont have that cash to put away to begin with. let alone have it when they start that business. you want to end up homeless, sleeping out of your course out of necessity not because you chose too? go ahead.

there are many more failed attempts at business by broke people that are not even accounted for. the numbers i gave yall are those reporting back to the SBA, or even properly setting up their companies and getting a Small business license. if they dont do that, the SBA can't count them in the numbers i provided. so the numbers there are actually conservative when it comes to the failures. That doesnt mean i'm anti "start your own" or anti "give it a shot". I'm not. Been there done that. and if the right stuff presents itself, i would do it again.

You can be all about your money, but not be smart enough in the field you want to go into business. therefore you need at least one partner that knows that area and has some expertise in that area to keep you from going belly up right out the gate. odds are if you're super broke, you dont mingle with those type of people. There's a reason the broke stay broke. and its not just one reason. there are many.

There is also a reason why super rich people dont send their kids to public school or regular state universities that are decent to good. they send them to ELITE schools. WHY would you do that? they dont need the education, they are already rich. but no, their parents do this to make sure their kids have even more connections to keep making dat moola forever. Sure a handful of slick bruhs and slick ladies and sneak into the elite spots without a ton of assistance to do so and fine some mentors and learn from them and make good with that. but most aint going to have the ability to pull that off. most people dont even have that gift of gab or that vibe that attracts people with money and power to you. they cant be taught. that is in you or its not. doesnt mean you cant make a good business. it just means it will be more difficult for you if you decide to go into a field that you Think you like but know very little about and people around where you're from know very little about it.

There are a good 100 reasons why broke people dont and wont do well at business. there are a handful of reasons why they would. And its not all about hustling hard. thats like saying practice makes perfect. No it doesnt. Thats a lie. or a half truth. The real line is "PERFECT PRACTICE, Makes PERFECT". meaning. if you practice incorrectly, you will form bad habits and do things incorrectly. all that hustle and hard work for nothing. its what we use to call "hustling backwards." Sure you're hustling, but you aint doing it right.

i've known people who have lost sleep, lost contact with family and friends, lost bf's and gfs all for the idea of making money/business. and they never ended up making any real head way when it came to their business ventures. WHY? They were hustling....Backwards. They were practicing incorrectly. The #1 reasons is They are not following someone who has already done it right in that arena. Now with youtube and the likes, you have a better ability to pull that off without knowing everyone. but to do that, you have to do a ton of research on these people you see are hot on youtube to find out if they are actually doing well in real life with their businesses. if so, then you can try to find their old videos when they got started, and follow them til now. and see what intel you can gather.

You are intentionally distorting what I said ...

Mental prep isn't everything it's just the first step.

As for having rich parents ...

"It is estimated that 70% of wealthy families will lose their wealth by the
second generation and 90% will lose it by the third."

These parents know their kids are spoilt and aren't hungry so seek to protect their wealth
and it's mostly due to social pressure from other rich parents in their circles.

"The gif of gab" is a skill one can develop through consistency and getting rejected.
Most people don't make it to elite schools - that doesn't apply here.


I think you are misconstruing the initial start with being successful. When you start
off course you have to work hard and as you stumble - you will course correct and
gain feedback and hopefully develop new skills and hire staff or work with partners

Your anecdote is nice but books and pdfs/courses existed before youtube.

 

[Cynic]

another facebook lie. You can want to be white if you're black. but it wont actually be the case in reality. so if i can't turn into a rich white man because i WANT TO. why the hell should anyone believe all you need to do is REALLy want to be successful at business to do so? STOP IT.

stop giving people these 5 links, ponzi scheme, facebook talky talk, prosperity preaching half truths. Give all the intel or keep it moving. stop pumping up these people for failure.

I've given more REAL intel without the bs talk then you have. and you're the one who "made it" happen.

Someone like you would say but look at Jay Z, he went from marci to a bili. True. Props to him for sure. and you think all he did was hustle hard. HAA HAA.

#1 he was born intelligent. More intelligent than most of his peers. how do we know this? #1 listen to his raps. #2 to go from being a drug dealer, to owning your own company, to choosing the right group of hustla homies to go into business with, to knowing when to cut an old homie off(dame), to making sure you dont marry anyone until you feel she's the perfect fit for your idea of success(not just a dime piece, etc, etc, etc, etc, etc.

Jigga man was supposedly even a good student when he went to class. Thats again obvious if you pay attention.

You do realize most people are not intelligent. most people are average. Not saying you have to be super smart to make a good business. there are a lot of people that know how to do one thing very well and there is a customer base for that one thing and thats all you need. we all have stories of great grandparents or aunts/uncles who couldnt read or never past the 8th grade that owned shoe shop, or bbq joint, etc.

But even those people are intelligent at the thing they do very well. you cant just be some guy that wants it bad and thats it. you have to have that IT factor in the business you want to go into. and if you're really poor you're going to need a ton of help and a ton of luck and blessings to come your way.

Jayz could've been killed at any point during his dealing days. Jay could've been locked up for heavy years like some of his peers. most of the time he wasnt due to his intelligence. other times he was LUCKY and had a team of loyal dudes that wouldnt rat.

and then now even as a rich rapper. to keep making money moves into the right stuff, you need another batch of very rich WHITE PEOPLE mostly, to tell you how to move to make that money multiply like crazy. and even then it still takes some luck when you choose what to invest in. you jump on these startups and some pan out and others dont. you dont know which will pan out. its a low key gambling. 50 cent got some what lucky with vita water. but look at what he did with that money. it was seed money for him to do everything else he's done since.

Chamillionaire actually knows about a bit of tech but even he got a little lucky too. balling now.

I'm keeping it hiphop since thats the actual board i'm on. just to prove a point. Fat A.Walker from the Celtics made all that money and lost most of it. not gambling. not messing with women or cars. he lost most of it in real estate. he chose the wrong investments or the right ones at the wrong time(housing crisis). and bam. money gone.

There's plenty of these dudes who get robbed by their accountants. or just get bad business advice. and how would they know if its bad or not? they didnt grow up in these arenas.

so these ultra rich people can eff up. what the heck are you and I going to do? and how will we recover?

I never said anything about Jay-Z or white people but if you believe I meant "wanting" to be wealthy is the ONLY key to success
then so be it.

I've dropped several gems here - if you "want" intel then seek it. If you don't then so be it.

NBA players are mostly focused on their craft - which is playing ball, staying in shape, studying tape.
They are essentially highly paid employees whose income depends on their ability to score.

As opposed to people who create goods and services then manage/hire employees in a business
that generates revenue.

If you have those tangible skills then you can deploy them even after f*ck ups well into your 70s

but NBA skills have a limited shelf life and once you retire it's a wrap

 

[MMS]

oh so he finally pulls up with a hint of psychology on the subject.

If you were running for president and what the people wanted to or needed to know was what you did to get to where you are today business wise. If all you can give them is a little bit of business psych talk. you would surely lose. not because the people's minds are too weak to hear you. its because you either are lying and dont know the actual answer. Or you for some reason dont know how to articulate the specifics, or you dont care to do so because you really dont want others to know. you like feeling like the special one. which is why you keep posting half truths in this thread. Post actual tangibles or kick rocks. its up to you. you have the answers according to you. give up the goods and stop playing. or move along.

"or maybe you just want to hear more of what you already believe"

all you have to do is figure out what people need and sell it to them there is no secret

 

[rapbeats]

You are intentionally distorting what I said ...

Mental prep isn't everything it's just the first step.

As for having rich parents ...

"It is estimated that 70% of wealthy families will lose their wealth by the
second generation and 90% will lose it by the third."

These parents know their kids are spoilt and aren't hungry so seek to protect their wealth
and it's mostly due to social pressure from other rich parents in their circles.

"The gif of gab" is a skill one can develop through consistency and getting rejected.
Most people don't make it to elite schools - that doesn't apply here.


I think you are misconstruing the initial start with being successful. When you start
off course you have to work hard and as you stumble - you will course correct and
gain feedback and hopefully develop new skills and hire staff or work with partners

Your anecdote is nice but books and pdfs/courses existed before youtube.

books did exist before youtube. i said it would be EASIER in todays time to not necessarily have to have connects in front of you because you can literally FOLLOW THEM step by step if they have blogged about it, youtubed about it, etc. that was not the case pre internets. you could pray you found the RIGHt book and went from there. hopefully they gave a lot of detail and not a lot of fluff.

The truth about the mental hurdles you guys speak of is true. but it has less to do with "work harder" than it does coming from a place where people have gone ahead of you and had successful businesses. sure SOMEONE had to star the first one. but if you go back far enough there are a lot of benefits to starting businesses in an earlier time in our country. why? the country was built on creating businesses early on, while now they are turning towards crushing SBA's and actually hogging all of the customers/ wealth for a handful of companies.

The govvy still does but it was alot better back in the old days(especially for white men). the govvy would give you enough things/money/resources to get you going. And it wasnt some big thing where you had to search far and wide to find out about these programs. I mean the US was putting out flyers to white people(men) in other countries telling them "hey hey, come to the US, we got land, we got resources, we have customers..we'll set you up.)"

But thats why its much easier for even a not so smart person to become a solid business owner if he/she knows someone or someones personally that has already done it. All the people I know that have had successful businesses are children of people that have had successful businesses, which were children of people who had successful businesses. because that gets rid of all that fear yall speak of. Then its just "follow the blueprint". The same way a lot of asians follow the blueprint to do very well in school, get into an elite university , to become highly paid professionals. is the same way a lot of business owners of today followed their parents blueprint on how to start a business and sustain one.

 

[rapbeats]

"or maybe you just want to hear more of what you already believe"

all you have to do is figure out what people need and sell it to them there is no secret

lol. who said there was a secret? and no you dont just have to figure out what they NEED. just figure out what they WANT and can afford or are willing to pay for as well. But that obviously isnt not easy. and even after you figure it out. you need business knowledge. This is what i mean when i say there is a blueprint to doing it. people telling you otherwise are lying to you or they dont know themselves so they say there isnt. it's not about having a magic bullet. it still takes time and work. but people have done it before you. they know what it takes and exactly what they did to make it work and what they continue to do to make it work. I bet you my next check , if you knew nothing about business and you were allowed to shadow these people for a year. and you follwed everything they did to a T. you too would more than likely become a successful business owner.

Now here's the caveat. What you call success may be different from what someone else calls success. Most black folks, think a successful business is balling. not realizing MOST businesses make enough money to keep it going and enough money to pay rent/mortgage. thats it. some of them pay enough to send two kids thru college. very few make enough to do that and go on vacation. Some businesses, or i should say a lot of them never make enough for you to be able to hire others to do the job so you yourself can sit back and manage the place. nope. most times you're working there and managing at the same time forever. but that reality makes owning your own business not so sexy. a lot of SB Owners went into business for themselves because they were tired of working for someone else. but it wasnt about the money they thought they could make or anything like that.

 

[saturn7]

Five Republican Myths About Income Inequality



Fighting Inequality: The Most Effective Strategies

 

[Cynic]

books did exist before youtube. i said it would be EASIER in todays time to not necessarily have to have connects in front of you because you can literally FOLLOW THEM step by step if they have blogged about it, youtubed about it, etc. that was not the case pre internets. you could pray you found the RIGHt book and went from there. hopefully they gave a lot of detail and not a lot of fluff.

The truth about the mental hurdles you guys speak of is true. but it has less to do with "work harder" than it does coming from a place where people have gone ahead of you and had successful businesses. sure SOMEONE had to star the first one. but if you go back far enough there are a lot of benefits to starting businesses in an earlier time in our country. why? the country was built on creating businesses early on, while now they are turning towards crushing SBA's and actually hogging all of the customers/ wealth for a handful of companies.

The govvy still does but it was alot better back in the old days(especially for white men). the govvy would give you enough things/money/resources to get you going. And it wasnt some big thing where you had to search far and wide to find out about these programs. I mean the US was putting out flyers to white people(men) in other countries telling them "hey hey, come to the US, we got land, we got resources, we have customers..we'll set you up.)"

But thats why its much easier for even a not so smart person to become a solid business owner if he/she knows someone or someones personally that has already done it. All the people I know that have had successful businesses are children of people that have had successful businesses, which were children of people who had successful businesses. because that gets rid of all that fear yall speak of. Then its just "follow the blueprint". The same way a lot of asians follow the blueprint to do very well in school, get into an elite university , to become highly paid professionals. is the same way a lot of business owners of today followed their parents blueprint on how to start a business and sustain one.

Some may need to follow through step by step to believe it and still get discouraged after they fail

Others only need an outline and they run with it

In the past there were cassette tapes, dvds, books and entire courses on everything.


It is what it is.
I

 

[MMS]

lol. who said there was a secret? and no you dont just have to figure out what they NEED. just figure out what they WANT and can afford or are willing to pay for as well. But that obviously isnt not easy. and even after you figure it out. you need business knowledge. This is what i mean when i say there is a blueprint to doing it. people telling you otherwise are lying to you or they dont know themselves so they say there isnt. it's not about having a magic bullet. it still takes time and work. but people have done it before you. they know what it takes and exactly what they did to make it work and what they continue to do to make it work. I bet you my next check , if you knew nothing about business and you were allowed to shadow these people for a year. and you follwed everything they did to a T. you too would more than likely become a successful business owner.

Now here's the caveat. What you call success may be different from what someone else calls success. Most black folks, think a successful business is balling. not realizing MOST businesses make enough money to keep it going and enough money to pay rent/mortgage. thats it. some of them pay enough to send two kids thru college. very few make enough to do that and go on vacation. Some businesses, or i should say a lot of them never make enough for you to be able to hire others to do the job so you yourself can sit back and manage the place. nope. most times you're working there and managing at the same time forever. but that reality makes owning your own business not so sexy. a lot of SB Owners went into business for themselves because they were tired of working for someone else. but it wasnt about the money they thought they could make or anything like that.

well thats the thing, it isn't about the money

it's about freedom! otherwise, you're doing it for vanity

a business' success is ultimately tied to how well they serve a market. If they serve it best, they'll get the best revenue

most of these brick and mortars do exactly what i said earlier and just repeat whatever someone else has done. The decision there is usually what dooms most businesses. You gotta do something better otherwise you're just another face.

not everyone is going to win, but i'd rather be in this kind of race than the rat race :yungdro:

 

[rapbeats]

well thats the thing, it isn't about the money

it's about freedom! otherwise, you're doing it for vanity

a business' success is ultimately tied to how well they serve a market. If they serve it best, they'll get the best revenue

most of these brick and mortars do exactly what i said earlier and just repeat whatever someone else has done. The decision there is usually what dooms most businesses. You gotta do something better otherwise you're just another face.

not everyone is going to win, but i'd rather be in this kind of race than the rat race :yungdro:

but if its all a race. its all the same to some degree. if i pull the numbers, the data will most likely show that you have a super duper small segment of business owners who ball out at some point in time. if i do the math, you have a small(overall) but larger amount(than the business owners) of "employees" that actually make very very good money. So at the end of the day, just purely on the numbers and playing the averages which is what you can bet on. Than odds are whether you're a worker bee with a degree or a small business owner. Odds are you will end up approximately at the same place financially. and you can't necessarily say you have MORE freedom because the worker be gets guaranteed 2 to 4 weeks vacation and time off for sick days. You dont(we're talking on average). you have to be at work, working your business 24/7 or very close to it. thats another part most people dont get about small businesses. you dont work less, you end up working more than you did with a boss. now if you love what you do. Hey, do you. but if you did it because you thought you would have all sorts of vacation time. you have another thing coming.

 

[MMS]

but if its all a race. its all the same to some degree. if i pull the numbers, the data will most likely show that you have a super duper small segment of business owners who ball out at some point in time. if i do the math, you have a small(overall) but larger amount(than the business owners) of "employees" that actually make very very good money. So at the end of the day, just purely on the numbers and playing the averages which is what you can bet on. Than odds are whether you're a worker bee with a degree or a small business owner. Odds are you will end up approximately at the same place financially. and you can't necessarily say you have MORE freedom because the worker be gets guaranteed 2 to 4 weeks vacation and time off for sick days. You dont(we're talking on average). you have to be at work, working your business 24/7 or very close to it. thats another part most people dont get about small businesses. you dont work less, you end up working more than you did with a boss. now if you love what you do. Hey, do you. but if you did it because you thought you would have all sorts of vacation time. you have another thing coming.

the reason you're having to do so many mental gymnastics is because you keep making the criteria for wealth about money

its about freedom. I can't stress this enough. The business owner that brings home $50000 from his business is infinitely happier than the same guy working a corporate job more often than not for one simple reason:

He has control over his life! He has control over how much he makes, how much he charges, his general feeling of what he does for society...I could go on and on.

Wealth is a mindset. When you go over seas it becomes evident because what is wealthy overseas would be seen as impoverished here. The only reason people even attach money/etc to wealth as a concept is because they know what money buys from a consumer mindset. This mindset is what clouds most people from seeing what real success and freedom truly looks like. It's not about the money! When you create something of value for society, the market ultimately pays you in proportion to how big a problem it is and how many people have that problem.

A person at work doesn't view his world this way, his income is based on whatever his employer decides! One person (massa) basically determining your worth every year. It doesn't matter how good of a relationship you have with this person, the logic still applies. The world in which you can be concerned gets cornered into being subservient.

Two very different ways of viewing the world despite the same "income"

 

[BoBurnz]

its when you assume that those entities are a single person and not a group is when the obvious bullshyt begins

no one said there isn't a place for regulation and anti-trust laws.

The difference with socialism is those entities become government entities which is worse

You literally have no idea what socialism even is

What you're describing is social capitalism, it also doesn't construct monopolies, it gives the public access to necessary amenities and life tools such as public transportation, housing, affordable communication, food, and water. In Japan when they nationalized the rail systems, private rail companies still exist. In countries even with social health services and single payer systems, they still have options for private insurance markets if you elect to use them as a supplement to the state coverage.

In Mexico right now there are entire towns that Coca-Cola has bought out their wells and springs so that the people in the towns and cities this happens in literally cannot afford access to water, people die because of this.

Socialism is literally the ablution of capital, not the consolidation of it. At least learn what something is before you pop off on hot takes and your Joe Rogan esq "NAH BRUH WATCH THIS HUSTLE PORN AND WORK 90 HOURS A WEEK AND YOU TOO CAN BE SLIGHTLY WEALTHIER THAN AVERAGE". nikka I got two kids, most people have kids, most people have lives and wants and needs and desires because human beings are complex, social organisms that require more than the rote acquisition of capital to be happy, fulfilled, and live meaningful lives. People are naturally communal.

The world view and the way you live sounds tremendously empty and cold.

 

[BoBurnz]

Also almost everything about "make money work for you" and all that crap y'all been posting is literally evopsych 101 shyt, you're not posting some incredibly revelatory thing you've discovered for yourself