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People like stories of extremely poor ending up rich and it doesn't help that the rich like to abuse these kinds of stories to better their optics. What looks
by josefx 5y ago
People like stories of extremely poor ending up rich and it doesn't help that the rich like to abuse these kinds of stories to better their optics.
What looks better on a millionaire:
* The poor guy that invested every cent he had and kept slaving away for years every day at the brink of certain failure.
* The rich kid that got several hundred thousand from his parents for his first company and knew exactly that failure just meant asking his parents for another go or having to switch to a management position that has probably been waiting for him since he was five?
Of course the first one looks better, you can also bet that any millionaire telling it is a habitual liar that paid a good sum to have some PR guy find ways to navigate around his actual rich kid background without looking too obvious about it.
- bitexploder 5y agoExcept, some of us really did grow up in trailer parks and make it. Mostly through hard work. Luck too, but it isn't a completely false narrative. I am sure there are a lot of biases at play and that is not the statistically average way someone becomes a millionaire, yet it does actually happen.
- croon 5y agoSome people win the lottery too, it doesn't mean it's actionable advice or good policy. It also happens to be statistically easier if you can afford more tickets.