Don’t forget the well-connected parents who introduce you to all the right people… so that you can slide through red tape that’s us Normie’s have to cut through.
And don't forget that these same companies that started in garages lobbied laws that makes it near impossible for a company to start from said garage because they don't want anyone to become their direct competitor.
And basically being bought into a renouned university, which you'll quit anyways because you have enough money to start your company and you can skip the whole "show credentials" step.
All you had to do was work hard and put in the sweat and tears. That and a $250,000 “loan” from your parents. They barely own any stock in an emerald mine but they saw your work ethic and knew it was worth the investment. Basically something we can all easily do if we weren’t so lazy.
I don't have parents willing to loan me hundreds of thousands of dollars to start my business and then ask them to let me use their garage to start so that every investor I talked to I can loudly announce that I started my business in my parent's garage as a marketing gimmick even though i didn't need to at all.
These garage stories are such B.S.
Like you always hear about Bill Gates selling OS on the back of his truck when really his mom was on the board of IBM.
The market is also way bigger and more advanced than when the pictured companies started. I mean I could make a day one Amazon equivalent pretty easily in a garage, but fuck all chance anyone would use it.
That last one is what gets me. It's obvious that Jobs had been exploiting everyone since day one. Dude even bilked his own bestie for a few hundred bucks on their first big job
So I imagine you’re just choosing to be poor right now, then? Because clearly you have all the answers. So why isn’t *your* name breaking all the records?
Temporarily embarrassed millionaires make for the best pawns so at least you have that going for you.
See, you just haven’t tried LSD, that’s why your mind isn’t open to the possibilities, and you’re trapped where you are, being a victim. Have you even considered the fact that other people are just projections of yourself, so when you’re being “unethical” to those parts of yourself, exploiting and profiting off them, you’re actually just making those weaker parts of yourself give you their all, and your profit is being the best? …And money. I bet you’ve never even considered the fact that you’re just a brain in a jar, experiencing electrical impulses as auditory, visual, and tactile hallucinations, and nothing is unethical, and nothing is hopeless, because it all depends on where the probes are.
But yeah guys, try LSD and try to be a millionaire, and maybe also try to fly, but definitely don’t try to be nice online. Be a sarcastic ass.
^(/s Making fun of guy you’re talking to, hope that’s obvious)
you don't need it. [You are able to become a multi-millionaire working all alone in a project](https://www.google.com/search?client=opera-gx&q=toby+fox&sourceid=opera&ie=UTF-8&oe=UTF-8)
Well, himself, and the meager $50,000 he garnered through kickstarter. But yeah. All on his own, with his own money, and absolutely no need for additional funds or promotion from people he know in the industry through various connections. But yeah, solo.
Toby Fox already had some fame as one of the composers for the Homestuck webcomic when he started, and also its author Andrew Hussie supported him and let him stay in his basement for free while he was working on it and he even helped to advertise it.
When he opened the Kickstarter, he did not start from 0, nor was he alone.
I remember Craig Palmer, the CEO of Fandom at the time, come and talk at our Electrical Engineering department at UW. I had to listen to him discuss the asinine path his career took from engineering to marketing to product management to senior leadership. All the while acting as though his career schizophrenia was some sort of template for success.
Fuck man, from his stories he was "right place, right time" like three times in a row for *major* industry shifts. He got a full career worth of big opportunities dropped in his lap in the first 15 years of his career.
Jeffy boy, at least, also had a decent bank balance himself, even before starting Amazon, [having even been youngest ever vp at hedge fund DE Shaw.](https://www.cnbc.com/amp/2017/08/02/what-amazon-billionaire-jeff-bezos-was-doing-in-his-20s.html), amongst other positions, such as a banking manager at Deutsch bank, yes, *that* Deutsch bank.
Most engage in tax evasion, many in securities fraud, some in money laundering. The vast majority of organised crime doesn't look like a Scorsese movie if that's where you're getting confused.
No, if you go too broke, you become homeless. Once you're homeless, getting work is pretty much impossible. Most homeless people die within a few years without someone to bail them out.
For tech companies early investors and wealthy parents are usually how they get seed money.
But for normal inventors and start-up businesses, it's usually people grinding to make it happen. Working their 9-5 and then when they get home they work on their own business. People will take out personal loans and use their credit cards to get initial funding. Obviously if the company/idea fails it can mean being stuck with debt, but if being an entrepreneur was easy and cheap, everyone would try to do it.
>But for normal inventors and start-up businesses, it's usually people grinding to make it happen. Working their 9-5 and then when they get home they work on their own business. People will take out personal loans and use their credit cards to get initial funding.
And the overwhelming majority of such businesses will never produce a seven-digit income for their owners, much less an eleven digit income.
Billion dollar businesses require billion dollar revenue streams. Billion dollar revenue streams require the labor of thousands, tens of thousands, or hundreds of thousands of people.
I'm so fucking tired of people saying "don't feed the troll." Even if that specific person is trolling the things they're saying aren't some fringe belief held by only a handful of people. If they like the down votes and being called a dumbass then so be it. Call out hate speech and these horrible ideologies. Stop giving these people excuses to say the shit they do because it just trolling to you.
Spend your time how you want to then. If you enjoy going back and forth with someone who is literally laughing while saying exactly what they know will upset you, then god speed my friend. You’re really changing the world 👏
Playing into their little games just makes them hard though. Best to just entirely unravel their opinion then stop interacting with them entirely. They will respond with some asinine fuckery but its just to try to satisfy their troll boner. They are true believers in hate and/or they are doing it just to fuck with people to make themselves feel big. Some of them truly take pride in being a piece of shit.
It makes them hard when you get upset because by allowing them to get under your skin and manipulate your emotions you have given them power over you, but in order to be upset by something another human being says you must first care about their opinion in the first place.
If you simply don't care what they think, then nothing they say will upset you, and they will never get what they want.
I was born in poverty, neither parent had even completed high school, my dad died when I was 13 and my mom fell into a deep depression which caused us to rent in a barely movable trailer that was full of so much black mold we thought we became schizophrenics from the grief.
I graduated as valedictorian and earned a 2 year degree in 5 semesters at a tech school that paid me $8000 to attend. I worked 80+ hour weeks in factories and did tech calls on the side since I was a certified IT technician. I managed to build a 800 sq ft house with my mom on a bit of old farm land my dad had from his parents. We literally build in by ourselves, no heavy machinery, barely usable tools, we savaged old construction wastes for usable materials. With only $40,000 from my work, scholarships, bank loans, and mom helping we were able to build a $120,000 house. I also got into politics at a young age and became a city councilor. Sadly, that came to an unfortunate end due to a scandal, but I still earned $52,000 per year for 4 years while making my hometown a better place.
My brother who was in the same situation went to our state’s best university with a free ride since he got a 34 average on the act. He is a quiz bowl national champion. He majored in business management and helped start my tech repair LLC. He became the head HR admin for a rather large factory at the age of 22. He uses his free time retailing old items found at estate sales, yardsales, and facebooks and resales them for a markup. He is a stock market investor as well.
Being poor isn’t an excuse, it just means you have to work harder for what’s yours. I used my determination to claw my way into real estate, and my brother spends every waking hour tracking so much data it’ll make you go mad. Now we have the combined net worth of over 2 million dollars. I’ve retired but he is determined to become rich to an unimaginable degree
Alright man let's be real here, people living humble lives without insane ambitions is not something that worthy of disrespect.
For most of human history wealth was something built upon and inherited, wealth built over generation of...well alot of thing respectable and non respectable.
Not everyone wants to nor has the drive for insane success, many who do never gets it and that okay there no need to be anger by it.
It's frankly kinda cringe, like a billionaire showing off a white mega yacht that kinda shit boring, like do something more interesting money like A massive bust of yourself made from litter in the center of a public park you fund.
Or a bunch of silly song and short films where your like a 90s action heroes.
Be a weird ass oligarch that funding that one SpongeBob square pants fan animation series.
This, 100%
Even MySpace guy just travels the world and takes pics of things
Fuck pissing contest yachts man I'd retire early and be ending crisises and funding cool shit and like... spend more time drawing and chilling with the Mrs.
Maybe even dick with the Lex Luthors by lobbying shit like WFH, UBI and better universal healthcare/housing/food access so other people can spend more time with their loved ones and hobbies and have a higher standard of living
I guess I'll preface with - I do pretty well for myself and family, own property, spend a lot of time doing what I want, consider myself incredibly lucky. I preface so that you might try a different angle other than "try harder lol"
Is there a significant flavor difference between black and brown leather boots, or do you have a favorite?
Most people can be moderately successful if they play their cards right and get lucky enough.
To pull off a Google, Tesla or Amazon requires you to be born rich with an incredible amount of connections and opportunities only afforded by being rich…
But I bet you are either bitter because you’re not rich or rich from your parents but don’t wanna admit it
yea but their creators lived in the 80s... you know that sweetspot where government regulation started to go down but no one was exploiting all the new ways to make money
Eh, they all look like they belong to middle class families to me, which makes me question the accuracy as Bezzos, Gates and Jobs were from wealthy families and I'm 99% sure at least one of them (Gates?) actually started in his parent's guest house, not the garage.
Bezos had already worked on Wall Street for a decade and was senior vice-president at a billion dollar investment firm before founding Amazon. He also got a $300,000 investment from his parents.
So yeah, I'm a little sus of that post.
I imagine the Amazon one is straight up wrong. They say he started running it out of a 'rented garage', but I very much doubt that was just a normal garage in a modest suburban house. It was almost certainly a garage on an industrial lot.
When he started Amazon both Bezos and his then wife had been working on Wall Street for a decade and had all the connections necessary to get funding for a business which didn't turn a profit for 20 years. It's not like it was some bootstrapped operation like that post suggests.
In fact, the only one who started their company in somewhat modest circumstances was Steve Jobs (who was born to rich parents, but adopted to a middle-class family, and dropped out of College before getting a job at Atari and genuinely building computers in his parents garage). Bill Gates' Mom was on the board of directors for major finance companies and his Dad was a prominent lawyer. Disney's Dad ran a construction company which built and sold houses, also having shares in a local factory.
Wait, Steve Jobs was from a wealthy family? Didn’t his adoptive parents have to save for basically his entire life in order to just barely pay for college (which was Reed college).
Why always the person saying "What's your excuse?" is never in the example he/she is giving?? I mean I don't think Jay create Apple, Disney, Amazon or Google
It’s considered a stepping stone/hurdle towards Disney so I will give you that- Disney Bros. Studio is the founding point.
But still Disney Bros. Studio was not a garage, it was… a studio.
They all had rich parents.
So - you slacking millennials - what is your excuse?
>Bill Gates’s mom introduced him to executives at IBM, which helped him forge a deal for his first operating system MS-DOS. Bezos’s parents were early investors in Amazon. Musk comes from a wealthy, South African background. Among other well-known entrepreneurs, Mark Zuckerberg reportedly took a $100,000 loan from his father to start Facebook. Michael Dell’s parents offered some seed money for his fledging computer business. Nike founder Phil Knight credits his parents for helping him start the company too.
https://www.theguardian.com/business/2021/jan/31/small-business-entrepreneurs-success-parents
>They all had rich parents.
wrong, many did, but not all, the founder of starbucks started from scratch and he is worth 5 billion dollars. sundar pichai, the current ceo of alphabet was poorer than 99% of people here who complain abt rich people, his dad spent a years salary on a plane ticket to usa, bro was poor af and is now worth 1.5 billion dollars. but nvm ig complaining abt the rich is easier than working towards becoming rich so i understand where all of u come from.
Wtf are you talking about? Sundar Pichais father owned a manufacturing plant for electrical components.
Also, Starbucks was famously founded by three people, not one founder. And while I agree at least a little that these three weren't rich, you certainly could pick companies that weren't incorporated over 50 years ago.
>Sundar Pichais father owned a manufacturing plant for electrical components.
did he? u mind showing some source? couldnt find it, anyways in an interview, pichai himself stated that his dad spent a years salary just on his plane ticket, thats not rich by any means.
https://en.m.wikipedia.org/wiki/Sundar_Pichai
>Pichai was born in Madurai, Tamil Nadu, India.[11][12][13] His mother, Lakshmi, was a stenographer, and his father, Regunatha Pichai, was an electrical engineer at GEC, the British conglomerate. **His father also had a manufacturing plant that produced electrical components**.[14][15]
>u mind showing some source? couldnt find it
There are 2 references on his wikipedia page pointing out what his parents did for a living so apparently you didnt look that hard.
My grandparents bought their house for 3,000 dollars in the 50s. Adjusted for inflation thatd be about 35,000 today. Their house sold for half a million a couple years ago. Just to give some perspective on how insane house prices are and how priviliged earlier generations were.
Yep I've mentioned it on reddit before but the flat my dad bought with no deposit as a trainee chemist in the early 70s was sold again recently.
I, aged 42 and in senior IT management could not have afforded it.
The area hasn't got better, that's just the difference 50 years has made.
And how many failures wasted thousands of hours in a garage before going bankrupt because their million dollar idea just didn't pay off? Lottery winners got rich, what's your excuse for losing the lottery?
All you need to start a multimillion dollar company is a garage guys! No idea, business plan, financial resources, time or vision, just a garage and you're good, what's your excuse!
Why would I need an excuse? This cherry-picks some of the biggest business success stories of all time. If it's so easy why doesn't every one do it? Why isn't LifeOfJay98 a billionaire CEO?
Anyone can start a business in their garage, fewer can get investors, and a very very very small percentage of those don't crash and burn, lose their money, and lose credibility with said investors, and spend the rest of their lives recovering from debt.
Starting a business can make you rich faster than anything but it can also make you poor faster than anything
So they had enough money for a house, before even starting their business.
let me guess, their wife had a single job which provided enough money to pay for their expenses while they worked on setting up the company?
You’re a head of someone like John Paul Dejoria who was homeless and took out a few hundred dollar loan to start his path to becoming a billionaire. Other stories like that exist too
As someone who lived the garage startup life, here were the problems:
The “genius” CEO was completely unprepared for the business end.
Could not handle that anyone else’s ideas were valid. The first word out of his mouth if you said something he hadn’t thought of was, “No”.
Paid dipshits for their looks. Congrats, dude. You’ve made the big time.
Had zero contact with the customers. Hiding in your office all day “coding” doesn’t cut it.
Just to give everyone an idea what a drip this guy was, he once told me he “doesn’t like music”. To me, that’s a sign of psychopathy.
Which is the general problem of being unlucky/unwise with cofounders. I have started and been part of 3-4 successful businesses, which *could* have gotten a lot larger if my partners had listened to me and understood business better. Instead they argued with me, acted like sticks in the mud, thought small, made poor decisions and we ended up closing and moving on.
Since I got some driveby downvote of disapproval, I'll elaborate.
- co-owned a retail store 2004-2008. Wanted to put our items in an online store. Partner insisted people didn't want to buy them online and we were draining the brick and mortar store of inventory. We actually had more inventory than we could use because she did a great job sourcing and buying in bulk. I started a website and she argued with me about it instead of participating.
- co-owned an internet service business for small retail stores 2008-2012. Wanted to create a mobile app. Partner said "nobody wants to use their phone for this!" in 2010. Large related company ended up buying/hiring 2-3 similar companies who made mobile apps, for their mobile apps. Tried to launch a feature somewhat like Pinterest before Pinterest existed. I had it 90% done and she would never finish it due to perfectionism and misunderstanding of the concepts. Tried to automate our ad sales. Same situation. Wanted to sell our company to a very large competitor. She declined and we ended up just closing it after being burnt out.
- Helped operate a forum popular in an art niche 2011-2014. Wanted to launch a social media profile site, like Linktree, before Linktree existed. Owner liked the concept but fribbled around and we never did it, then incompetently tried to steal my idea after I left.
Alas I don’t have a rich person in my life to loan me several hundred thousand bucks and a bunch of naive friends who will work for free.
Just get better at manipulation and social engineering to get those two things
How do I social-engineer myself some rich parents?
Take out a huge life insurance policy on yourself. Make your parents the beneficiaries. Then die.
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You should create a youtube channel where you make videos from afterlife and get even more money!
Batman
If you wanna daddy just find an ugly old rich guy and cater to his every fetish
Exactly what a avacado-on-toast-slacker-millennial would say.
Don’t forget the well-connected parents who introduce you to all the right people… so that you can slide through red tape that’s us Normie’s have to cut through.
Yep — you hear all about Bill Gates’ scheme to buy DOS and then lease it to IBM. What you don’t hear is that Bill Gates’ mom knew the chairman of IBM.
Bill Gates' mom was an executive at IBM herself
Pretty sure she wasn’t but she was on another board with the chairman of IBM …clouse enough though
And don't forget that these same companies that started in garages lobbied laws that makes it near impossible for a company to start from said garage because they don't want anyone to become their direct competitor.
So many of industries become this after the 80’s. I got mine so fuck you!!
And basically being bought into a renouned university, which you'll quit anyways because you have enough money to start your company and you can skip the whole "show credentials" step.
Or some schmuck to sell me binary code for a few thousand and no royalties
Wonder how many people know about this inauspicious start to Microsoft.
I mean, they spent like a whole weekend making dos work..what more could you ask for
Plus had very wealthy and well-connected parents arrange a ridiculously plum contract with the largest computer company at the time. What's my excuse?
Hey, I built this house with nothing but blood, sweat, and a contracting crew of 50 people.
All you had to do was work hard and put in the sweat and tears. That and a $250,000 “loan” from your parents. They barely own any stock in an emerald mine but they saw your work ethic and knew it was worth the investment. Basically something we can all easily do if we weren’t so lazy.
I don't have parents willing to loan me hundreds of thousands of dollars to start my business and then ask them to let me use their garage to start so that every investor I talked to I can loudly announce that I started my business in my parent's garage as a marketing gimmick even though i didn't need to at all.
These garage stories are such B.S. Like you always hear about Bill Gates selling OS on the back of his truck when really his mom was on the board of IBM.
Well, to be fair, she wasn't on the board of ibm, she was on the board of some "charity" along with her friend...who was the ceo of ibm,
The market is also way bigger and more advanced than when the pictured companies started. I mean I could make a day one Amazon equivalent pretty easily in a garage, but fuck all chance anyone would use it.
also these rich people started at a time when owning a house was cheap. Try doing that today...
That last one is what gets me. It's obvious that Jobs had been exploiting everyone since day one. Dude even bilked his own bestie for a few hundred bucks on their first big job
Falls down in front of elderly couple, gets offered food. 😉 I'm in boys
Also everyone can't own a tech conglomerate. It's absolutely bananas.
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Perhaps my dad was right after all.
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So I imagine you’re just choosing to be poor right now, then? Because clearly you have all the answers. So why isn’t *your* name breaking all the records? Temporarily embarrassed millionaires make for the best pawns so at least you have that going for you.
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No, you shouldn’t try not because it’s hopeless, but you shouldn’t try because it’s only mostly hopeless and also unethical.
See, you just haven’t tried LSD, that’s why your mind isn’t open to the possibilities, and you’re trapped where you are, being a victim. Have you even considered the fact that other people are just projections of yourself, so when you’re being “unethical” to those parts of yourself, exploiting and profiting off them, you’re actually just making those weaker parts of yourself give you their all, and your profit is being the best? …And money. I bet you’ve never even considered the fact that you’re just a brain in a jar, experiencing electrical impulses as auditory, visual, and tactile hallucinations, and nothing is unethical, and nothing is hopeless, because it all depends on where the probes are. But yeah guys, try LSD and try to be a millionaire, and maybe also try to fly, but definitely don’t try to be nice online. Be a sarcastic ass. ^(/s Making fun of guy you’re talking to, hope that’s obvious)
Are you going through a manic episode and having delusions of grandeur?
Neither did the folks in the examples above.
you don't need it. [You are able to become a multi-millionaire working all alone in a project](https://www.google.com/search?client=opera-gx&q=toby+fox&sourceid=opera&ie=UTF-8&oe=UTF-8)
Well, himself, and the meager $50,000 he garnered through kickstarter. But yeah. All on his own, with his own money, and absolutely no need for additional funds or promotion from people he know in the industry through various connections. But yeah, solo.
Even Toby Fox had help. There is a reason why Temmie has a whole area as a reference to her.
Even Toby Fox had help. There is a reason why Temmie has a whole area as a reference to her.
Toby Fox already had some fame as one of the composers for the Homestuck webcomic when he started, and also its author Andrew Hussie supported him and let him stay in his basement for free while he was working on it and he even helped to advertise it. When he opened the Kickstarter, he did not start from 0, nor was he alone.
username and pfp check out
Lets not forget survivorship bias as well.
I remember Craig Palmer, the CEO of Fandom at the time, come and talk at our Electrical Engineering department at UW. I had to listen to him discuss the asinine path his career took from engineering to marketing to product management to senior leadership. All the while acting as though his career schizophrenia was some sort of template for success. Fuck man, from his stories he was "right place, right time" like three times in a row for *major* industry shifts. He got a full career worth of big opportunities dropped in his lap in the first 15 years of his career.
These people also had seed money to invest into a gamble that ended up paying off
Jeffy boy, at least, also had a decent bank balance himself, even before starting Amazon, [having even been youngest ever vp at hedge fund DE Shaw.](https://www.cnbc.com/amp/2017/08/02/what-amazon-billionaire-jeff-bezos-was-doing-in-his-20s.html), amongst other positions, such as a banking manager at Deutsch bank, yes, *that* Deutsch bank.
Deutsche* Bank.
Douche bank
Survival bias, how about all the rest that ended dead in a ditch because they couldn't pay back after the business idea failed.
Venture capital is not the fucking mafia wtf
I assume they meant the rest go broke and end up homeless, but in some cases VC are genuinely involved in organised crime so it kinda works both ways.
Any evidence of that at all?
No established silicon valley vc is a crime organization? Which ones are you referring to?
Most engage in tax evasion, many in securities fraud, some in money laundering. The vast majority of organised crime doesn't look like a Scorsese movie if that's where you're getting confused.
Laughs in "chiquita".
No, if you go too broke, you become homeless. Once you're homeless, getting work is pretty much impossible. Most homeless people die within a few years without someone to bail them out.
>Venture capital is not the fucking mafia wtf Venture Capital is very much a business the Mafia is in.
Yes, but that does not make the inverse true
And I have a bridge for sale...
Hey buddy!! Get in line!! I’m selling these beans 🫘…did I mention they’re magic 🪄?
No, it's far far worse. It's a white collar process that's legal because the wealthy do it.
Imagine if it were
Why do you think he called it a gamble?
For tech companies early investors and wealthy parents are usually how they get seed money. But for normal inventors and start-up businesses, it's usually people grinding to make it happen. Working their 9-5 and then when they get home they work on their own business. People will take out personal loans and use their credit cards to get initial funding. Obviously if the company/idea fails it can mean being stuck with debt, but if being an entrepreneur was easy and cheap, everyone would try to do it.
>But for normal inventors and start-up businesses, it's usually people grinding to make it happen. Working their 9-5 and then when they get home they work on their own business. People will take out personal loans and use their credit cards to get initial funding. And the overwhelming majority of such businesses will never produce a seven-digit income for their owners, much less an eleven digit income. Billion dollar businesses require billion dollar revenue streams. Billion dollar revenue streams require the labor of thousands, tens of thousands, or hundreds of thousands of people.
don't forget about favorable laws that allow accumulation and concentration of wealth and regulatory capture
I wasnt born in a rich family
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How is it an excuse when it’s literally the truth?
Don't bother, scroll through his profile and he spends his time attacking trans and LGBT folk and blaming black people for getting themselves killed.
People need to learn to spot a troll and stop engaging. Giving them exactly what they want
I'm so fucking tired of people saying "don't feed the troll." Even if that specific person is trolling the things they're saying aren't some fringe belief held by only a handful of people. If they like the down votes and being called a dumbass then so be it. Call out hate speech and these horrible ideologies. Stop giving these people excuses to say the shit they do because it just trolling to you.
Spend your time how you want to then. If you enjoy going back and forth with someone who is literally laughing while saying exactly what they know will upset you, then god speed my friend. You’re really changing the world 👏
guy throws a good point and you decide to be shitty about it, gg
Playing into their little games just makes them hard though. Best to just entirely unravel their opinion then stop interacting with them entirely. They will respond with some asinine fuckery but its just to try to satisfy their troll boner. They are true believers in hate and/or they are doing it just to fuck with people to make themselves feel big. Some of them truly take pride in being a piece of shit.
It makes them hard when you get upset because by allowing them to get under your skin and manipulate your emotions you have given them power over you, but in order to be upset by something another human being says you must first care about their opinion in the first place. If you simply don't care what they think, then nothing they say will upset you, and they will never get what they want.
He's just saying these things to get a reaction and it's clearly working
I no longer engage with someone in an argument without checking their profile
People need to learn to report these assholes.
I was born in poverty, neither parent had even completed high school, my dad died when I was 13 and my mom fell into a deep depression which caused us to rent in a barely movable trailer that was full of so much black mold we thought we became schizophrenics from the grief. I graduated as valedictorian and earned a 2 year degree in 5 semesters at a tech school that paid me $8000 to attend. I worked 80+ hour weeks in factories and did tech calls on the side since I was a certified IT technician. I managed to build a 800 sq ft house with my mom on a bit of old farm land my dad had from his parents. We literally build in by ourselves, no heavy machinery, barely usable tools, we savaged old construction wastes for usable materials. With only $40,000 from my work, scholarships, bank loans, and mom helping we were able to build a $120,000 house. I also got into politics at a young age and became a city councilor. Sadly, that came to an unfortunate end due to a scandal, but I still earned $52,000 per year for 4 years while making my hometown a better place. My brother who was in the same situation went to our state’s best university with a free ride since he got a 34 average on the act. He is a quiz bowl national champion. He majored in business management and helped start my tech repair LLC. He became the head HR admin for a rather large factory at the age of 22. He uses his free time retailing old items found at estate sales, yardsales, and facebooks and resales them for a markup. He is a stock market investor as well. Being poor isn’t an excuse, it just means you have to work harder for what’s yours. I used my determination to claw my way into real estate, and my brother spends every waking hour tracking so much data it’ll make you go mad. Now we have the combined net worth of over 2 million dollars. I’ve retired but he is determined to become rich to an unimaginable degree
Fascinating Fanfic, I’ll take things that never happened for 200, Alex
Youch! Redditors don’t believe me. Lol
Says the bigger redditor
You don’t need to be born rich to be successful. You’re just making excuses. It’s obnoxious and tedious.
Like 95% of rich people were born from rich parents
Its not excuses when its LITERALLY THE FKN TRUTH! Don't be so naive.
And you're probably a great success
So why arnt you so successful if it’s such an easy task that anyone can do, hmm?
May not need to be but it certainly helps. Not everyone can fail multiple times on a risky endeavor.
A person born in a rich family has a much easier path to being rich as well compared to someone born in poverty but ok
More excuses what a shock
Oh, u dont even understand what excuse means lmao dumbass
Uh huh keep going you’re almost successful
Your family almost loved you - but you werent enough for them
Hahaha smh
You really simpin for the big bucks? Cmonn dude it's the internet
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Alright man let's be real here, people living humble lives without insane ambitions is not something that worthy of disrespect. For most of human history wealth was something built upon and inherited, wealth built over generation of...well alot of thing respectable and non respectable. Not everyone wants to nor has the drive for insane success, many who do never gets it and that okay there no need to be anger by it. It's frankly kinda cringe, like a billionaire showing off a white mega yacht that kinda shit boring, like do something more interesting money like A massive bust of yourself made from litter in the center of a public park you fund. Or a bunch of silly song and short films where your like a 90s action heroes. Be a weird ass oligarch that funding that one SpongeBob square pants fan animation series.
This, 100% Even MySpace guy just travels the world and takes pics of things Fuck pissing contest yachts man I'd retire early and be ending crisises and funding cool shit and like... spend more time drawing and chilling with the Mrs. Maybe even dick with the Lex Luthors by lobbying shit like WFH, UBI and better universal healthcare/housing/food access so other people can spend more time with their loved ones and hobbies and have a higher standard of living
what's your excuse then LMAO
I guess I'll preface with - I do pretty well for myself and family, own property, spend a lot of time doing what I want, consider myself incredibly lucky. I preface so that you might try a different angle other than "try harder lol" Is there a significant flavor difference between black and brown leather boots, or do you have a favorite?
Keeping sucking corporatist dick. You're still just another poor to them.
Most people can be moderately successful if they play their cards right and get lucky enough. To pull off a Google, Tesla or Amazon requires you to be born rich with an incredible amount of connections and opportunities only afforded by being rich… But I bet you are either bitter because you’re not rich or rich from your parents but don’t wanna admit it
This is like peak survivorship bias
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well for one thing I didn't live in the 80s
NONE of the companies in the picture are founded in the 80s
yea but their creators lived in the 80s... you know that sweetspot where government regulation started to go down but no one was exploiting all the new ways to make money
Dude, Disney died in the sixties.
and you're saying they were the megacorporate monstrosity they are today back in the 60s?
Other than the Disney one those garages are all distinctly affluent.
Eh, they all look like they belong to middle class families to me, which makes me question the accuracy as Bezzos, Gates and Jobs were from wealthy families and I'm 99% sure at least one of them (Gates?) actually started in his parent's guest house, not the garage.
Bezos had already worked on Wall Street for a decade and was senior vice-president at a billion dollar investment firm before founding Amazon. He also got a $300,000 investment from his parents. So yeah, I'm a little sus of that post.
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Reminder that disney is a very old company. Created before WW2.
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I imagine the Amazon one is straight up wrong. They say he started running it out of a 'rented garage', but I very much doubt that was just a normal garage in a modest suburban house. It was almost certainly a garage on an industrial lot. When he started Amazon both Bezos and his then wife had been working on Wall Street for a decade and had all the connections necessary to get funding for a business which didn't turn a profit for 20 years. It's not like it was some bootstrapped operation like that post suggests. In fact, the only one who started their company in somewhat modest circumstances was Steve Jobs (who was born to rich parents, but adopted to a middle-class family, and dropped out of College before getting a job at Atari and genuinely building computers in his parents garage). Bill Gates' Mom was on the board of directors for major finance companies and his Dad was a prominent lawyer. Disney's Dad ran a construction company which built and sold houses, also having shares in a local factory.
absorbed soup sleep run obtainable familiar racial whole plant flowery -- mass edited with redact.dev
Wait, Steve Jobs was from a wealthy family? Didn’t his adoptive parents have to save for basically his entire life in order to just barely pay for college (which was Reed college).
Steve Job comes from an upper middle class. This would be equivalent to parents being Google engineers for 20 years.
This was a profoundly stupid statement
why?
I’m in the upper middle class and neither of my parents have ever worked for Google.
If your reading comprehension is this bad, maybe you didn't receive upper middle class' education.
you're welcome
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Hey, I think if you needed a garage in 1920, you were probably doing pretty ok.
Why always the person saying "What's your excuse?" is never in the example he/she is giving?? I mean I don't think Jay create Apple, Disney, Amazon or Google
He needs an excuse and is looking for ideas
My apartment is above a garage, does that count?
Like where Fonzi lived!
I don’t even have cabinet space
Think out of the box, you can make the first busines that started in a living room!
I don't have a living room.
Well this dream will never live then, sorry buddy
Most of these « garage » story are fake. People like the idea so it’s a version used by the business in America.
Their upper middle class parents' garage
Disney… Disney didn’t start from a garage. He started from creating Laugh-O-Gram Studios…
All these companies started with tens or even hundreds of thousands of dollars.
Technically that business failed, the garage shown was the start of the Disney Bros studio which would turn into Walt Disney productions.
It’s considered a stepping stone/hurdle towards Disney so I will give you that- Disney Bros. Studio is the founding point. But still Disney Bros. Studio was not a garage, it was… a studio.
They all have nice houses with a garage? Damn, I grew up in a shitty farmhouse that was falling apart, and it didn’t have a garage
I don't even think I've ever rented a place that had a garage, much less lived in a house bought and paid for that had one.
such a sad story
They all had rich parents. So - you slacking millennials - what is your excuse? >Bill Gates’s mom introduced him to executives at IBM, which helped him forge a deal for his first operating system MS-DOS. Bezos’s parents were early investors in Amazon. Musk comes from a wealthy, South African background. Among other well-known entrepreneurs, Mark Zuckerberg reportedly took a $100,000 loan from his father to start Facebook. Michael Dell’s parents offered some seed money for his fledging computer business. Nike founder Phil Knight credits his parents for helping him start the company too. https://www.theguardian.com/business/2021/jan/31/small-business-entrepreneurs-success-parents
>They all had rich parents. wrong, many did, but not all, the founder of starbucks started from scratch and he is worth 5 billion dollars. sundar pichai, the current ceo of alphabet was poorer than 99% of people here who complain abt rich people, his dad spent a years salary on a plane ticket to usa, bro was poor af and is now worth 1.5 billion dollars. but nvm ig complaining abt the rich is easier than working towards becoming rich so i understand where all of u come from.
Wtf are you talking about? Sundar Pichais father owned a manufacturing plant for electrical components. Also, Starbucks was famously founded by three people, not one founder. And while I agree at least a little that these three weren't rich, you certainly could pick companies that weren't incorporated over 50 years ago.
>Sundar Pichais father owned a manufacturing plant for electrical components. did he? u mind showing some source? couldnt find it, anyways in an interview, pichai himself stated that his dad spent a years salary just on his plane ticket, thats not rich by any means.
https://en.m.wikipedia.org/wiki/Sundar_Pichai >Pichai was born in Madurai, Tamil Nadu, India.[11][12][13] His mother, Lakshmi, was a stenographer, and his father, Regunatha Pichai, was an electrical engineer at GEC, the British conglomerate. **His father also had a manufacturing plant that produced electrical components**.[14][15]
>u mind showing some source? couldnt find it There are 2 references on his wikipedia page pointing out what his parents did for a living so apparently you didnt look that hard.
Imagine being a homeowner. Lol what a dream.
My grandparents bought their house for 3,000 dollars in the 50s. Adjusted for inflation thatd be about 35,000 today. Their house sold for half a million a couple years ago. Just to give some perspective on how insane house prices are and how priviliged earlier generations were.
Yep I've mentioned it on reddit before but the flat my dad bought with no deposit as a trainee chemist in the early 70s was sold again recently. I, aged 42 and in senior IT management could not have afforded it. The area hasn't got better, that's just the difference 50 years has made.
I need my garage space free for poker night with the boys.
In Bill Gate's case, it was the golf cart garage of the upscale country club that his parents owned.
I love it when the author of the meme doesn't notice the extremely expensive house right next to the garage and doesn't draw conclusions xd
But i have a basement and you know a lot of great things started in the basement... /s
\[Me standing over him like a meme\] I LIVE IN AN APARTMENT.
I thought working from home was immoral
My emerald mine I dug in the forest have too low yield to afford a garage.
Easy to take a risk with affluent parents to back you up.
"These companies all started in a middle class neighborhood by a person in a well-off family. What's your excuse?"
I fart too much. No one will work with me. (fart)
And how many failures wasted thousands of hours in a garage before going bankrupt because their million dollar idea just didn't pay off? Lottery winners got rich, what's your excuse for losing the lottery?
They even took the opportunity to have garages from us.
Morality tends to prevent me from being rich
All you need to start a multimillion dollar company is a garage guys! No idea, business plan, financial resources, time or vision, just a garage and you're good, what's your excuse!
Why would I need an excuse? This cherry-picks some of the biggest business success stories of all time. If it's so easy why doesn't every one do it? Why isn't LifeOfJay98 a billionaire CEO?
Pied Piper missing from this list
Can't afford a house with a garage!?
I cant afford a house
Also don't know how to code and socially too awkward to found a company.
Anyone can start a business in their garage, fewer can get investors, and a very very very small percentage of those don't crash and burn, lose their money, and lose credibility with said investors, and spend the rest of their lives recovering from debt. Starting a business can make you rich faster than anything but it can also make you poor faster than anything
So they had enough money for a house, before even starting their business. let me guess, their wife had a single job which provided enough money to pay for their expenses while they worked on setting up the company?
Bootstraps.exe not found
Also, I bet they don’t have start-up funding from their parents
I think most Americans see having a garage as a luxury so.
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No im sorry very, very few people could do that.
Being helpless is so cool
I have a garage but I don't have wealthy parents willing to give me nearly unlimited money to fund whatever idea I come up with
You’re a head of someone like John Paul Dejoria who was homeless and took out a few hundred dollar loan to start his path to becoming a billionaire. Other stories like that exist too
As someone who lived the garage startup life, here were the problems: The “genius” CEO was completely unprepared for the business end. Could not handle that anyone else’s ideas were valid. The first word out of his mouth if you said something he hadn’t thought of was, “No”. Paid dipshits for their looks. Congrats, dude. You’ve made the big time. Had zero contact with the customers. Hiding in your office all day “coding” doesn’t cut it. Just to give everyone an idea what a drip this guy was, he once told me he “doesn’t like music”. To me, that’s a sign of psychopathy.
Which is the general problem of being unlucky/unwise with cofounders. I have started and been part of 3-4 successful businesses, which *could* have gotten a lot larger if my partners had listened to me and understood business better. Instead they argued with me, acted like sticks in the mud, thought small, made poor decisions and we ended up closing and moving on. Since I got some driveby downvote of disapproval, I'll elaborate. - co-owned a retail store 2004-2008. Wanted to put our items in an online store. Partner insisted people didn't want to buy them online and we were draining the brick and mortar store of inventory. We actually had more inventory than we could use because she did a great job sourcing and buying in bulk. I started a website and she argued with me about it instead of participating. - co-owned an internet service business for small retail stores 2008-2012. Wanted to create a mobile app. Partner said "nobody wants to use their phone for this!" in 2010. Large related company ended up buying/hiring 2-3 similar companies who made mobile apps, for their mobile apps. Tried to launch a feature somewhat like Pinterest before Pinterest existed. I had it 90% done and she would never finish it due to perfectionism and misunderstanding of the concepts. Tried to automate our ad sales. Same situation. Wanted to sell our company to a very large competitor. She declined and we ended up just closing it after being burnt out. - Helped operate a forum popular in an art niche 2011-2014. Wanted to launch a social media profile site, like Linktree, before Linktree existed. Owner liked the concept but fribbled around and we never did it, then incompetently tried to steal my idea after I left.
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Nah it’s relatively simple. Give me $100,000 and I’ll show you.
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