Quote:
Originally Posted by RainMaker
Most of our parents didn't own a lucrative emerald mine.
Regardless, he's now in charge of a company that does not rely on taxpayer money. We'll see pretty quick the kind of businessman he is competing in the free market.
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However, the number of people on this board or at our workplaces or just walking around on the street with "merely" one million in seed cash is pretty low and that head start affords one opportunities where you're competing with far less than 1% of people. The vast majority of people don't even have that opportunity. Never mind if you have millions. I think there are many who feel that the much larger part of the equation is starting resources and opportunity than desire, skills, etc.
Yes, there are a lot of people who start off with money who burn through it and turn their something into nothing. But that's dwarfed by the number of people who never had a chance at those millions. It's along the lines of the "hey, this person worked hard to get what they have" - lots of people work hard to get what they have. But person working a hard double at Mickey D's versus guy working hard on Wall Street could be as simple as the latter had Mom and Dad's savings to fall back on and could take an unpaid internship on Wall Street versus the other needed to work at age 16 to help the family.
SI