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Stereotypically, these “I got rich early, anyone can do it, all you need is grit” blog posts have an unstated “...and wealthy parents.” This one seems to be no
by wolfgang42 6y ago
Stereotypically, these “I got rich early, anyone can do it, all you need is grit” blog posts have an unstated “...and wealthy parents.” This one seems to be no exception; the author’s parents had a family business that could casually loan him $20,000 to record an album <https://sive.rs/mistake https://sive.rs/mistake>. Eating peanut butter sandwiches for three meals a day is a lot easier if you have that kind of safety net to fall back on.
- breck 6y agoAh that makes sense. How I got rich was I was born to middle class parents who sent me to a private high school that taught me to work hard, and despite going into heavy debt for college, didn’t die from starvation or homelessness because every time I hadn’t eaten for a couple days or my bank closed my account and rent check bounced, my mom or a friend would lend me money to survive, and eventually some bets paid off. Not spending helps, but the family and friends were the dominating factor.
- ryandrake 6y ago> author’s parents had a family business that could casually loan him $20,000 to record an album <https://sive.rs/mistake https://sive.rs/mistake> Boom! Great find. Amazing how behind so many Bootstrappy, Self Made Millionaire stories lurks the entrepreneur's wealthy family either 1. directly contributing money, 2. loaning and investing or at least 3. providing a roof and food to fall back on during rough times.