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Forums - General - Do you have what it takes to be a millionaire ?

mrstickball on 30 September 2012
Marks said:
Not if the government has anything to say about it. I've heard countless million/billionaires say that in today's business environment there is no way they could have had the same level of success, the one specific person I can remember saying it is Mark Cuban, but I have certainly heard more say it.

Over-regulation and ridiculous laws that only big box stores can afford to follow are killing small business.

Plus even simple things like parking metres kill business, because it's just another reason to just go to the big mall (where parking is free) instead of the downtown core of the city where the small businesses are...and you then spend your money at a wal-mart or whatever instead of a ma and pa because you don't want the hassle of having to put $3 or whatever in the parking metre or risk a ticket. The government is just complete bullshit.

It doesn't matter at all if there is a huge gap between rich and poor, the poor people in America now are the richest poor people in the history of the world...and that's thanks to capitalism. Socialism DOES NOT create wealth, yeah it shares it evenly...but would you rather have 50% of a million dollar pie, or 5% of a billion dollar pie?

The money is still there, as well as the possibility to become a billioniare. The issue is that its switched significantly in how it can be done. Most of today's billionaires couldn't do it now, thanks to regulations. However, that doesn't mean there aren't other areas that one could get into, and make a fortune. Mark Zuckerberg is a good example of that. Say what you will, he's still worth a lot. There have been a lot of new billionaires to be created in the past 10-15 years in the US, but most have been through the least regulated entity still out there - the internet.

As it stands, the average internet employee makes $100,000/yr. If you're smart, you can easily make that. I have enough ventures that, if I had the seed money, could have a few multi-million dollar ventures. But since I don't, they're still in limbo.



Back from the dead, I'm afraid.

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Marks on 30 September 2012
mrstickball said:
Marks said:
Not if the government has anything to say about it. I've heard countless million/billionaires say that in today's business environment there is no way they could have had the same level of success, the one specific person I can remember saying it is Mark Cuban, but I have certainly heard more say it.

Over-regulation and ridiculous laws that only big box stores can afford to follow are killing small business.

Plus even simple things like parking metres kill business, because it's just another reason to just go to the big mall (where parking is free) instead of the downtown core of the city where the small businesses are...and you then spend your money at a wal-mart or whatever instead of a ma and pa because you don't want the hassle of having to put $3 or whatever in the parking metre or risk a ticket. The government is just complete bullshit.

It doesn't matter at all if there is a huge gap between rich and poor, the poor people in America now are the richest poor people in the history of the world...and that's thanks to capitalism. Socialism DOES NOT create wealth, yeah it shares it evenly...but would you rather have 50% of a million dollar pie, or 5% of a billion dollar pie?

The money is still there, as well as the possibility to become a billioniare. The issue is that its switched significantly in how it can be done. Most of today's billionaires couldn't do it now, thanks to regulations. However, that doesn't mean there aren't other areas that one could get into, and make a fortune. Mark Zuckerberg is a good example of that. Say what you will, he's still worth a lot. There have been a lot of new billionaires to be created in the past 10-15 years in the US, but most have been through the least regulated entity still out there - the internet.

As it stands, the average internet employee makes $100,000/yr. If you're smart, you can easily make that. I have enough ventures that, if I had the seed money, could have a few multi-million dollar ventures. But since I don't, they're still in limbo.


Ahh very true, I guess you just really do have to get creative like Zuckerberg did. It's really a shame that really one of the few places you can make it big anymore is the internet. I really don't see anyone getting rich off of a brick & mortar business anymore. Too hard to compete with big box stores. 

But you are certainly right, I guess it can still be done! Too bad I have no internet savvy, future isn't looking great for me to become a billionaire lol 



Mr Khan on 30 September 2012

Possibly? The field i'm in will likely be low-paying, but i'm good with my money. Once i have income, i'll have to start doing something with my money other than keeping it in savings...



Monster Hunter: pissing me off since 2010.

FrancisNobleman on 30 September 2012
Mr Khan said:
Possibly? The field i'm in will likely be low-paying, but i'm good with my money. Once i have income, i'll have to start doing something with my money other than keeping it in savings...

What is your field and wher do you live ?



Mr Khan on 01 October 2012
FrancisNobleman said:
Mr Khan said:
Possibly? The field i'm in will likely be low-paying, but i'm good with my money. Once i have income, i'll have to start doing something with my money other than keeping it in savings...

What is your field and wher do you live ?

Degree is international relations. Don't know what my field will be, but likely something nonprofity or diplomatic. Stupid overachievers muscling me out of government...



Monster Hunter: pissing me off since 2010.

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justinian on 01 October 2012

Whilst still considered a milestone of one's success being a millionaire doesn't carry the clout as it did years back. Now being a multi-millionaire with at least 10x 1m in Euros, £s or US$ is the standard by which many judge success.

My old boss, an American from Texas, use to say "any fool can make a million, look how many millionaires they are about"
I still have my doubts about that.

As for me I doubt I have what it takes to be a self made millionaire but that is probably just circumstance.

I enjoy working for a company that pays me a relatively good salary and I am happy with that.
Maybe the reason I make half heart attempts to make millions is because it doesn't really matter to me.

I'm one of the shameless ones that will inherit.

@Troll_whisperer.
Great story.