A surprising number of people do not understand how getting rich works. Literally anyone can do it. You simply need to do whatever everyone else refuses to do.
You take on the risks. You debase yourself you compromise any and all ethics. You whore out for shareholders who will give you endless money to shield them from consequences they directly funded.
It’s profitable because there is always demand for a new villain and damn near nobody wants to do it. For a good fucking reason.
You seem to be mistakenly conflating getting rich with increasing wealth. Just about nobody gets rich. Many people leverage their existing wealth to gain more. Frequently, that exchange is the start of what is now defined as enshitification.
Everyone cannot do it. Fundamentally its easy: Have money and pick something to middleman. Waste capital until you ‘disrupt’ that flow. ???. Maybe profit. Who the fuck cares? You got yours. Repeat.
Simple: have wealth. Easy.
Step one is have money to make money. Aside from being the result of two wealthy people fucking… care to detail how so many people are checking that box?
Certainly - there ARE paths to wealth… but they are rare, risk heavy, and frequently are destined to be prey to a resource rich competitor.
Care to tell me where that gullible userbase is coming from? Pray, tell - what do they come for?
Before that is even a factor you must either be first - with research and development … and manufacturing… and distribution… or better. Or cheaper! Or able to undercut the competition.
Of the things mentioned… I seem to be struggling to find the element lacking a substantial financial investment.
Care to tell me where that gullible userbase is coming from?
They’re not all gullible. A lot of VC types are obsessive gamblers, they’ll throw money at anything that sounds like it might have a high return.
Pray, tell - what do they come for?
That’s where the marketing comes in. Elon is pretty good at selling these big ideas, making them sound futuristic and world-changing. He not only sells those ideas to VCs, but also to the government. A lot of his businesses have pulled in substantial government contract money. The public rarely gets any return from those tax dollars.
VC won’t give you the time of day if you lack a product or platform. This isnt go-fund-me or r/wsb. VC appear to bet big but are frequently pretty well informed and diversified. Their big bets aren’t much from their prospective… and frequently will be the first to squeeze “their due” from a failing venture.
I dont see how Elon makes a good example for this. If anything it supports what I said:
Elon is wealthy. He has a platform. He has shit he’s bought and is reselling snake oil from those things. He’s not poofing something from nothing.
I used to be surprised at how stupid billionaires can be. But, then I remembered they don’t actually do anything where they work, and the real employees run behind them and clean up their messes. When they stick their fingers in the works, they fuck it up, Cybertruck being one example.
Lol. It’d be hilarious if this succeeded. It was so dumb of Musk to change the name.
Most of what musk does is dumb.
He didn’t get rich from being smart.
I assume he got rich how most people get rich, luck and being a sociopath.
also having a lot of money to start out with helps
And an apartheid era emerald mine
aka luck
Mostly inherited wealth, but also those things.
A surprising number of people do not understand how getting rich works. Literally anyone can do it. You simply need to do whatever everyone else refuses to do.
You take on the risks. You debase yourself you compromise any and all ethics. You whore out for shareholders who will give you endless money to shield them from consequences they directly funded.
It’s profitable because there is always demand for a new villain and damn near nobody wants to do it. For a good fucking reason.
Are you rich? Where’s your Bugatti?
It’s in the shop. In Canada. But totally real. You just can’t see it right now because it’s in the shop. In Canada.
It’s easier to take on the risks when you’re already rich from inherited wealth.
You seem to be mistakenly conflating getting rich with increasing wealth. Just about nobody gets rich. Many people leverage their existing wealth to gain more. Frequently, that exchange is the start of what is now defined as enshitification.
Everyone cannot do it. Fundamentally its easy: Have money and pick something to middleman. Waste capital until you ‘disrupt’ that flow. ???. Maybe profit. Who the fuck cares? You got yours. Repeat.
Simple: have wealth. Easy.
Step one is have money to make money. Aside from being the result of two wealthy people fucking… care to detail how so many people are checking that box?
Certainly - there ARE paths to wealth… but they are rare, risk heavy, and frequently are destined to be prey to a resource rich competitor.
A lot of it has to do with over-promising and under-delivering. The rest is marketing.
I’m hearing ‘once you have money do…’
Care to tell me where that gullible userbase is coming from? Pray, tell - what do they come for?
Before that is even a factor you must either be first - with research and development … and manufacturing… and distribution… or better. Or cheaper! Or able to undercut the competition.
Of the things mentioned… I seem to be struggling to find the element lacking a substantial financial investment.
They’re not all gullible. A lot of VC types are obsessive gamblers, they’ll throw money at anything that sounds like it might have a high return.
That’s where the marketing comes in. Elon is pretty good at selling these big ideas, making them sound futuristic and world-changing. He not only sells those ideas to VCs, but also to the government. A lot of his businesses have pulled in substantial government contract money. The public rarely gets any return from those tax dollars.
VC won’t give you the time of day if you lack a product or platform. This isnt go-fund-me or r/wsb. VC appear to bet big but are frequently pretty well informed and diversified. Their big bets aren’t much from their prospective… and frequently will be the first to squeeze “their due” from a failing venture.
I dont see how Elon makes a good example for this. If anything it supports what I said:
Elon is wealthy. He has a platform. He has shit he’s bought and is reselling snake oil from those things. He’s not poofing something from nothing.
Most? Can anyone name anything smart he’s done in years?
Finally deleted she who shall not be named from my address book.
Do I win?
People are dumber than him though, for example there are plenty of idiots here who share content from his platforms
I used to be surprised at how stupid billionaires can be. But, then I remembered they don’t actually do anything where they work, and the real employees run behind them and clean up their messes. When they stick their fingers in the works, they fuck it up, Cybertruck being one example.
Third generation curse.
I personally believe the cybertruck was a designer who was making fun of musk. He submitted a pinewood derby car he made when he was 7.
Its the literal emperors new clothes.
Why? You don’t find it convenient to say “X, formerly Twitter”? I think it just rolls off the tongue! /s