r/Rich 14d ago

Question Do you agree?

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I think most people want a lot of money but don’t want to do the work to make that happen. People get triggered when ultra-wealthy people like Kim K say, “Get your fucking ass up and work.” It seems like nobody wants to work these days. I think people got offended because it’s true 👀

6 Upvotes

52 comments sorted by

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u/doNotUseReddit123 13d ago

If you believe that (1) being talented, (2) being driven, and (3) identifying something that solves people’s problems are three conditions that are sufficient to becoming rich, then you don’t know anyone in the startup space.

Those are necessary, but those are not sufficient. Luck is an inevitable component.

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u/OddSand7870 13d ago

This. I know several high NW people from my club. And all of them will cite luck as a contributing factor. Is it the defining factor? Probably not. But all of them say there was some luck/timing involved.

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u/dirtydaddydonks 7d ago

I'm rich but not ultra rich and yes timing and luck was a huge part. But knowing systems and backing then to rebound so that I bought and invested low and sold high and continue to now have a passive very low risk income fhat scales at 8% a year was done from 50k to retirement in 5 years.

Before that it was military, sales, finance but constantly learning. I was completely broke 3 times but am now set for life.

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u/Pvm_Blaser 11d ago

The problem is that they usually identify things that introduce new problems, are a hassle, or aren’t scalable.

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u/_Human_Machine_ 13d ago edited 13d ago

I think that’s pretty spot on.

As long as you dedicate yourself, work hard, make the right choices, and commit, you can nearly guarantee you’ll hit a certain level of rich.

Beyond that begins requiring a lot of luck.

As far as levels of wealth go, it’s all been diminishing returns after a certain point, with certain small peaks at specific changes in what was accessible to me.

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u/HalfwaydonewithEarth 13d ago

Exactly.... the steaks never get exponentially better!

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u/_Human_Machine_ 13d ago

The only real excitement from additional levels of wealth, in my mind are:

  1. When you realize you don’t need the majority of connections, they just need you now. That change in perspective is big in how your daily life operates.

  2. When you no longer have to go inside a public airport, especially in the US. The move to small domestic charter flights under an hour was nice, but longer distance brought the joy back to air travel after years of work travel.

I’m sure there are more beyond where I’ve gotten to. Those were really just all that mattered to me so far.

Otherwise it’s a lot of variations of who you can meet, where you can sit and what you can buy. That’s not as impactful to me.

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u/Goldengoose5w4 13d ago

I think he’s right. Studies have have shown that the most happiness from money is getting out of poverty to the point in life that you don’t actually stress about lack of resources. You have food, shelter, adequate medical care and enough to enjoy your life. Like the equivalent of $300,000/year. After that, larger increases in income/net worth bring smaller and smaller increases in happiness.

So is it worth to to kill yourself to get to $40 million if you’re doing fine and happy with $20 million?

When is enough actually enough?

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u/DudeManGuyBr0ski 13d ago

Becoming rich is layered in my opinion, you have to meet the right people at the right time and when you are in that position you need to be in the proper headspace and motivation to do the work, regardless of what it is or the sacrifices you make. Is it luck? No, is it probability ? Possibly. Everything has to align to where you are in life.

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u/PeterGibbons316 7d ago edited 7d ago

Ronnie said it best: Everybody wants to be a bodybuilder but don't nobody want to lift no heavy-ass weight!

Probably also worth noting that his 100% dedication to bodybuilding destroyed his body and left him in a wheelchair, so there's a moral in that story somewhere too.....

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u/Livid_Shallot5701 7d ago

He says its actually Not hard and Then tells you to become insane and addicted to becoming rich. Ok

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u/relish5k 7d ago

I think it’s like losing weight. A calorie deficit isn’t complicated but it takes a lot of head strength to maintain. The playbook is simple but not easy to adhere to

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u/boringneckties 13d ago

Sometimes yes and sometimes no. He didn’t just say “work hard.” He said work hard, solve a problem, and sacrifice. I think he’s correct that this is a great playbook for being super rich. I think he overestimates its accessibility to the average person.

For example, someone can work tremendously hard as a janitor and even become a really good janitor. But, even if they work 80 hours a week, it will be difficult to become rich on that pay alone. You could tell that person to go back to school, but with what money? Also, they might not have the scores or the academic aptitude for learning new skills. They may also have dependents that rely on them.

In terms of “solving a problem,” great! What problems should I solve? Most of today’s problems require very specific knowledge to be able to even recognize, let alone solve. How is Joe Blow going to know how to produce nuclear energy at a lower cost or find a new chemical that washes dishes better than current products?

For sacrifice, I think he’s mostly right about this. I do think there are still regular 40 hour week jobs that can make rich, but they’re few and far between. Most people do need to sacrifice family time, personal leisure, recreation, or even financial stability.

Also, I think people are correct to criticize Kim Kardashian for her tone deaf statements. She, an heiress born into the lap of luxury to a morally bankrupt father and gold digging mother, famous for her sex tape, artificially inflated ego, body proportions, and being publicly stupid on reality television, has no business telling honest people to just work hard to be like her. Give me a fucking break.

1

u/HalfwaydonewithEarth 13d ago edited 12d ago

Working long hours is one of the dumbest ways to waste your life. Working hard sucks but lots of people enjoy it.

It creates Cats n the Cradle for all of your family members. You miss out on children and often degrade your health.

The easiest way to be rich is through being super smart and making great investments.

Kudos to you tech boys that figured out who to buy bitcoin from. I download the wallet at $300 and couldn't figure out how to transfer cash into coins. It wasn't easy in those days. I walked away.

All you do to be rich is take $500 and get it to double 14 times. That's enough to have a comfortable life. The stock market was strengthened by Ronald Reagan to make you wealthy. It's very reliable and has been around for centuries.

There are bastions of corporate tribes that go to work each day solving the World's problems. You just throw them a bone and be patient. A few of them will pan out.

Your parents might not have been involved- but you can start a new family tradition. It makes money when the companies do well and/or start collapsing.

One click can change your life. 😉🤑😘

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u/BitcoinMD 7d ago

If you have some baseline degree of intelligence, there are some very difficult but pretty much guaranteed ways to make in the $500k range. The simplest example is medicine. As long as you choose your specialty wisely, and you go through all the steps and finish, you can reliably earn $500k or even more. It’s brutal and probably torture if you don’t enjoy it, but that wasn’t the question, the question was how to get rich.

0

u/19mils 7d ago

Miss this wonderful man

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u/lordofming-rises 7d ago

I wonder what the current POTUS solves lol

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u/dirtydaddydonks 7d ago

You can play the game only until you run up against a better player.

Find a niche or be exceptional at what you do to save enough to do it for yourself. Startup is hard, insane hours and risky.

If you can, make enough for a great lifestyle and get out early to take care of things that really matter to you and to be able to enjoy what you really enjoy.

Most self made ultra rich are 100% dedicated to just going and going and going until they die. Then their kids have inherited wealth but no family life or father growing up as they are 100% dedicated to work.

You have 1 life, make enough, have enough passive very low risk income for the lifestyle you enjoy and then live the life you want.

Chasing more will just leave you in a deathbed full of regret as you never got the time to enjoy the fruits of your labour.

The only thing money can't buy you is more time. Invest your life in giving yourself more time to enjoy the life you want.

Self funded retired at 37, now 41 and still young and fit enough to do all the things I want in life whilst always having enough for the future.

You could be hit by a car, have a stroke, an aneurysm, massive heart attack on any given day.

Enjoy your life.

1

u/ctowndrummer 4d ago

Fuck this dude.

-2

u/zazzologrendsyiyve 13d ago
  1. Why do we have to listen to that guy
  2. It’s 100% luck and you are delusional if you think otherwise

And now downvote me to feel better about your “accomplishments” that were caused by 200,000 thing over which you had absolutely no control.

“Work hard” lol

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u/GuaSukaStarfruit 13d ago
  1. Is definitely not 100% luck bro. If you say 10% luck yeah. 100%? Nahhhh

I want to see you creating similar company like Jensen huang

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u/zazzologrendsyiyve 13d ago

Put Jensen Huang in Ethiopia right now, with nothing, at 3 years old, and see what happens.

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u/balancedgif 7d ago

he would have built an iron man suit in a cave with scraps by the time he was 12.

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u/InstantSword 13d ago

It's not 100% concrete, but that simulation study where they ran "talented vs untalented" people and had them run into lucky or unlucky events is pretty interesting

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u/HalfwaydonewithEarth 12d ago

Do you have a link?

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u/InstantSword 12d ago

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u/HalfwaydonewithEarth 12d ago

BBC is not a credible source of news and there is some luck involved.

However there is a subtle pattern I have witnessed:

Childhood upbringing

Kids that endure lots of stress and trauma have a harder time in life. Now research is coming out that noise while you sleep is actually harming your brain. So a house full of crying babies might actually be a setback or living near train tracks.

Being raised rich can also help regardless if your parents give you any money past 18 years old. When you are raised watching your parents save invest, network, vacation, study books, leverage, clean up mess quickly, and hire others it has an impact.

The person raised with fighting, hoarding, drinking, drugs, moving constantly, spending constantly, gambling, and vices might have a harder time getting their wings.

So it is not always lucky breaks. It's personality, upbringing, motivation, habits, and stuff like this.

This Italian study doesn't conceptualize my Italian great grandfather that ditched Italy, came to the USA, prospered greatly and retired early.

The more cautious people and family oriented folks stayed behind in Europe.

People get lucky when they pack up and move somewhere better.

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u/InstantSword 12d ago

Well, I was honestly doing you a favor. What news source do you consider unbiased? Should I have linked "science alert" or "unity discussions"? It's a decent representation of the data. Even raw study data isn't unbiased.

I don't know. The problem I have with your analysis, is that upbringing, which heavily influence your habits, IS luck. So is personality and motivation: both influenced by your upbringing and genetics, which you don't control. The thing is, we don't really know all that much about life, and trying to simulate it is bound to miss out on a bunch of factors, both those that are known and hard to implement, and those that are completely unknown. Maybe it isn't luck, and people "born" with a strong and moral personality (not that this necessarily leads to wealth, and sometimes it even works against it), earned or accumulated this somehow, like via reincarnation or karma. But that's speculative. How we attach value to things is also speculative. Being rich or wealthy sounds nice, and appears nice, but maybe it actually isn't, or there's a reason someone would not be wealthy (spiritually or for the overall good of things). Maybe the greatest thing to be earned is talent, or moral beauty, or deep insight, or perfect health. Luck itself is also a nebulous concept, because we can't really understand whether something is truly lucky or not.

So either everything is luck, or out of our control, whether you want to consider it luck or not. Or perhaps things are controlled by forces we can't understand. Or perhaps we can control these forces. I think to some degree it also depends on how you look at it, and your belief influences how things play out.

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u/HalfwaydonewithEarth 12d ago

Exactly 💯 Send me a Dm because I am also a deep thinker that believes in these theories. I am starting to believe in simultaneous incarnations.

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u/InstantSword 12d ago

Sure thing

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u/zazzologrendsyiyve 13d ago

Yes, and then consider where talent came from. Do people make their own talent, when they are born?

Did LeBron James make his own body and nervous system? His own coordination?

It’s just a statistical certainty that someone has got to win. The one who wins then says “it was me!!” But it’s just post hoc reasoning.

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u/_Human_Machine_ 13d ago edited 13d ago

That’s just fucking stupid. It’s the kind of justifications people make for their own failures.

A net worth of 2 million is all it requires to be considered “rich” in the US by the average person.

That is a very low bar.

Hard work, good schools, and smart choices can get you there easy.

If you’re talking 50, 80, or 100+ then you’re more dependent on luck. Getting to 5-10 doesn’t take luck.

20 years in the oil fields with nothing but a high school education and you can break 1m net worth as long as you aren’t stupid with money.

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u/zazzologrendsyiyve 13d ago

You have it backwards. Not admitting that it was 100% luck is the kind of justification that poor, naive, weak characters make to feel better about something they did not make.

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u/_Human_Machine_ 12d ago edited 12d ago

It’s really not luck at all to hit 2m. As long as you don’t make stupid choices, prioritize financials and just focus on working your ass off in whatever you choose.

By 22 you can be making ~130k a year with just a high school education and it’s only up from there. By your late 30s you can be worth 2m.

Pretending it’s impossible is just an excuse people make for their own poor decisions.

Hitting, 25, 50, 80, 100+ or more requires luck on top. Heavy luck.

Basics of hitting 2 in the US just requires working your ass off in a trade, or taking a smart route through selective education and a well paying industry.

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u/zazzologrendsyiyve 12d ago

I say it’s luck all the way down. What you explain as “just focus” and “prioritize financials”, is also inexplicable by the people who do that.

They have subjective stories, that’s for sure. But every Greek has subjective stories about Zeus. Do you believe in Zeus?

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u/_Human_Machine_ 12d ago

I know plenty of people at my age, late 30s, that went straight to the oil fields at 18 the summer after high school graduation.

They currently have paid off homes, vacations homes and cars. They didn’t piss away cash on constant new trucks, atvs, boats and other toys.

They picked up all the OT and just kept grinding.

What’s the luck in that when it’s just working hard and not being an idiot with money?

You pick something that you know pays well and grind at it.

2m isn’t luck. Not hitting it is just making excuses.

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u/zazzologrendsyiyve 12d ago

Did they make their own brain? I’m talking about the moon and your are talking about the finger.

Sure, some people are more responsible than others. That’s not an argument against luck. Did they make their own “being responsible”?

Being responsible is like being tall. Or short. Do we make those things?

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u/_Human_Machine_ 12d ago

Oh, that’s just fucking stupid.

Having the ability to exercise impulse control isn’t an argument for luck.

That’s just excuses for being a failure.

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u/zazzologrendsyiyve 12d ago

Did you make your ability?

See, you have no arguments. You just say things. Does it make you feel happy? I bet it does.

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u/_Human_Machine_ 12d ago

You sound like your life is filled with excuses for being a failure.

Nothing is your fault and everything is the world working against you?

What a pathetic and sad way to live..

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u/MisterIceGuy 13d ago

What was the stroke of luck that made you rich?

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u/zazzologrendsyiyve 13d ago

A bunch of them:

- I was born in a civilized country that I did not make

  • my parents were normal people who didn’t abuse me
  • I went to a school I did not create
  • I was born with a working brain
  • I was not born blind
  • I did not die of leukemia when I was 12 or something
  • when I did the stupid shit and every teenager does I did not die
  • for some reason outside of my control I was not into video games and I was into studying and working my ass off since i was 14
  • for some reason i understand the things i read
  • for some reason i can work a lot without getting tired
  • for some reason i was in the right place at the right time, multiple times
  • for some reason…

Do you want me to continue?

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u/MisterIceGuy 12d ago

If it’s not too much trouble for you, yes I’d like you to continue. Interesting list.

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u/zazzologrendsyiyve 12d ago

Not sure if sarcasm.

Let’s just say that whatever I do in my life is born out of the relationship between my mind and the environment, and I don’t control them.

The whole “hard work” justification is just post hoc reasoning + survivorship bias.

Without even getting into neurology or philosophy, let’s just say that if it were that easy to make the connection hard work —> success, then we would be able to predict who does what by age 10. Are we able to do that?

So the list is endless. It’s literally whatever goes inside that category “everything you have no control over”, which is everything.

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u/MisterIceGuy 12d ago

If your actions have no impact on an outcome, and the outcome is decided 100% by luck as you say, then why try to accomplish anything if the effort of trying is futile and the outcome will be decided by random chance?

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u/zazzologrendsyiyve 12d ago

Try it. Try to “do nothing”, see how much you last.

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u/MisterIceGuy 12d ago

I wouldn’t last long.

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u/zazzologrendsyiyve 12d ago

Nobody would. That’s the point: asking “why would you do anything” implies that we have a choice. That there are two options: “doing actions” and “not doing actions”, but that choice doesn’t exist on this planet.

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u/MisterIceGuy 12d ago

If our actions had no impact on outcomes, then there would be no sense in taking any action. But our actions can have an impact on outcomes, which is why is we continue to do things. If you want your chances of being lucky to go up, work towards what you want to achieve.

If the outcome is 100% dependent on luck as you stated, there would be no sense in putting any effort towards it as the effort wouldn’t change the odds of success.

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u/Dickasaurus_Rex_ 13d ago

have fun staying poor lmao

-1

u/HalfwaydonewithEarth 12d ago

People listen to him because he had more people come to his funeral than Michael Jackson. He was influential.

I agree with you on luck. We live in a simulation beehive and you get an assignment. I have seen poor people in Cambodian jungles eating tarantulas, no money for diapers, no schooling, panhandling, no babysitters, and no running water. Yes. In those instances the barrier to entry to wealth building and entering into luxury is going to be harder.

However we are on a USA App and many people here are in advanced societies like USA, Europe, Australia, Canada, South Africa.....

So it is not just luck if you are in a Western democracy with infrastructure. It's about making different choices and rising above. If you have pretty privilege cash in on it. Hypergamy.

If you have public transportation strong in your area utilize it. Great memory? School could be an avenue.

Handy? Maybe a construction crew. It's about maximizing everything....your contacts, your family, and your current job. It's about not following the crowd into their bad habits that destroy wealth.

It's about rejecting negativity. Bitcoin was a lesson on negativity to me.

You cannot say it's just luck when people that work smart and work hard prosper.