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> Bill Gates’ father was a founding partner of huge law firm, Musk’s family gem mine is well known. Bezos had dozens with tens of thousands just lying around to
by tick_tock_tick 4y ago
> Bill Gates’ father was a founding partner of huge law firm, Musk’s family gem mine is well known. Bezos had dozens with tens of thousands just lying around to buy into his vision. Trump got a meager 1 million kick start.
So what your saying is thousands of people start with the same or an even higher level of opportunity and still fail to achieve even a fraction of what they did?
- themitigating 4y agoI think he's saying that if you have a leg up from the start it greatly improved your chances of success. Of course Gates and Musk deserve credit for making good decisions and putting in the effort but maybe not the God like status (really Musk) people ascribe to them.
- echelon 4y agoWealth multiplies the probability of success by a small, but non-negligible factor. It is not necessary or sufficient to achieve breakout success, but the effects of incumbent wealth do make the path easier and less risky.