RootBeerGuy, Think outside of the box, make pear.
BenadrylChunderHatch, (edited ) Megahard Pear.
MNByChoice, Starting with a small loan of $10 million, at 8% return, invested for 60 years, is all that is needed to be a billionaire.
Get rich parents that will loan their newborn $10 million.
Assman, That’s right, it’s not too late to get adopted by an oligarch
CurlyMoustache, (edited ) Here in Norway, a few years back, almost every news outlet had “guides” on how to buy your first apartment/house (buying a home became an integrated part of our economy after the war).
It was in the style of “if I can do it, anyone can”-interview with someone that just recently had bought their first home. The articles started pretty tame with clever tips where the boy/girl made coffee/lunch at home and saved a miniscule amount of money. Sure. Nice tips on how to save money.
Then it usually escalated to get your parents to buy an apartment, rent it out and keep all the rent income while living for free at home. After a while, sell the apartment and buy a new one.
Pretty fucking horrifying that journalists thought: “yes, this is a good article to print. It will help people!”
jettrscga, (edited ) That reminds me of this savings plan from 10 year ago that McDonalds and Visa created to show people how you can live on ~$20k per year:
https://blogs-images.forbes.com/laurashin/files/2014/07/screen-shot-2013-07-18-at-4-57-59-pm.png
They forgot to include food, among other wild inaccuracies. I love it when corporations give helpful savings tips.
CurlyMoustache, Two jobs!?
BigDiction, $20 month health insurance! They were really banking on Obamacare
SnuggleSnail, My health insurance costs 842€ a month. I pay half of it, the other half my employer. So I am quite impressed with the $20 from the estimation.
But why do two jobs? Won’t people do a better job concentrating on one thing and getting $2000 for that, instead of gaining experience in two different areas at the same time?
Rentlar, (edited ) But why do two jobs? Won’t people do a better job concentrating on one thing and getting $2000 for that, instead of gaining experience in two different areas at the same time?
It’s because McDonald’s was trying to make an excuse that paying people US Federal Minimum wage (7.25$/hr since 2009, it’s still that in 2023) is enough to live on, and utterly failed, even while holding both a 40h a week and 30h a week min wage job. I guess they expect fast food employees to use to make their own fast food while they’re there as their food budget.
It was a case in point in 2013, rent and all expenses are way up since then. People aren’t going to make a living or have any savings at all, probably accruing more debt even with 2 jobs and less than the minimum of expenses.
Viking_Hippie, No way! At 40, I’m the perfect age to make TWO Microsofts! Or one Megahard!
Kolanaki, I can make Orange. All we do is take other people’s ideas, make them look a little nicer and charge 1000% more.
HerbalGamer, like the telephone company?
nolight, I’ve never seen capitalism explained better than this.
Wogi, Or conquer all of Asia and kill enough people, and cause enough children to be a significant part of the gene pool for thousands of years
Viking_Hippie, Oppan Ghenghis style!
veni_vedi_veni, Sadly, the age of garage tech startups is over, big tech made sure of that. They now just buy tech start ups with no intention of leveraging their innovations, but rather to maintain the status quo. Late stage capitalism…
The_Picard_Maneuver, I know it’s not a business, but the whole fediverse gives “garage startup” vibes, and it’s refreshing.
Sorgan71, no such thing as big tech. Just tech companies
phx, Garage tech startups where the garage belongs to your already upper-income-class parents
Quik, Jokes on you, have years left until then.
The_Picard_Maneuver, If you start a business in your garage, I want in.
bigkahuna1986, If you start a business in your garage, I want in.
I’m hanging potatoes from garages, want to join?
The_Picard_Maneuver, Sounds like a burgeoning business to me!
FlyingSquid, Oh-ho! Sounds like Squid’s Potato-Hanger Warehouse has some competition!
Montagge, Gotta also be born into wealth so you can borrow hundreds of thousands of dollars from your family
Quik, (edited ) Unfortunately it doesn’t look too promising on that front and it seems I’m kinda late to the startup/low interest loans and investment party.
Montagge, Well maybe you'll think about that before you're born next time!
The_v, You have to be born into wealth and not fuck it up.
2 sets of my great grandparents were quite wealthy. Unfortunately my grandparents and parents pissed it all away on stupid schemes.
takeda, Also most of those “self made” billionaires already grew up in wealthy families.
Viking_Hippie, Yeah, the youngest ever (at the time, at least) “self made” billionaire was a fucking Kardashian!
fl42v, But maaa, I want my own e-corp producing proprietary garbage 😭
0x4E4F, Eat your veggies Timmy… yes, they’re digitally signed by MS, don’t worry.
deaf_fish, Upvoating for comedy not accuracy.
It’s unlikely to create a successful business late in life, but not impossible. Best of luck to all who are giving it a shot!
Empricorn, My internal monologue: “I’m not giving up, I can do this all day!”
“Yeah, I know! I know…”
DriftinGrifter, In all honesty the big market is basically full but nicht products still allow for small company creation
walthervonstolzing, Better cite Wozniak as the one who ‘made’ Apple; but anyway.
azvasKvklenko, That’s correct, thanks
FlyingSquid, Silly. I gave up way before I was in my 20s.
Hovenko, Don’t forget to mention that you were born 50 years too late on wrong part of the globe to wrong parents. Game was rigged from the start.
RIP_Cheems, Not for me.
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