Anyone can be a CEO; it is as simple as filing for a business license. I remember Justin wanting to go into Sports Journalism after school. He hesitated because he knew that there was not much money in the field. He made the decision to take the risk and start his own company. He gets up long before sunlight and works well past sunset. He misses many meals with his family and many school events of his children. He took out the business loans. hired the employees, took great risk. But with that great risk he gets great rewards. If not wealthy now he will be. He puts on his pants one leg at a time like any average Joe. He is wealthy because of the decisions that he made, the risk he takes, the time he misses with his family, the hours that he works, etc. Anybody could do that. Few chose to make the sacrifices.
There are infinite CEO jobs available. Start company. Name self CEO. Make money or fail. Or fail, then make money like Jeff Bezos and a bazillion of these other jillionaires.
The guy opened an online book store. Oh my gosh; how could the average Joe do that? Elitism at its best.
Well I can’t speak for everyone, but in the restaurants that I own, 27 all together, it would be disastrous. A lot of people would be let go and those fortunate enough to still have a job would see their hours cut, in some cases drastically. If you want I can show you the worksheets so you can see exactly what would happen.
I was just told how much others make in a company has no bearing on others. which is it? is volstad wrong on that?
1) How so? 2) Will you take him up on his offer? 3) Are there any wealth people in your field; folks above you in the chain of command who earn $250K, $300K, $400K, $500K+ per year?
1) You said what one person makes doesn't have any impact on someone else: 2) If we are also going to look at the spreadsheets of each employee's personal expenses and figure out where they are going to find the money to risk to be millionaires. Which is actually a whole other line of BS, the idea that anyone can "risk" being one, yet ignore what the word "risk" is referring to... 3) No matter how one chooses to define my "field," the answer would be yes. But like with anything else, the "field" is a pyramid and not a ladder. And the biggest advantages are not directly meritorious. Inevitably these topics start swaying to the "really personal" side, where folks feel personally attacked if they are successful. I don't know how to tell someone who thinks they pulled themselves up by their bootstraps that many people do not have legs. Don't know how. And that is will this conversation will go.
Why do you think income mobility has changed in this country? I’m not saying it’s a perfect system but it’s about as close as one can get in fairness while providing anyone a chance.
That is not what I said but I am not surprised you tried to twist it. NA said that the amount of money an employee makes in Company X affects how much an employee makes at Company Y. How much Boston pays his waiters does not affect the amount of money a waiter at one of his competitors makes. Stop pretending that you are a Dumb Ass.
2) It does not take "money to risk" to become a millionaire. 3) Why are they wealthy and not you? Are they better at kissing ass (managing up), do they spent more time away from their families on work activities, did they take a fork in the road that you were not comfortable taking, etc.? Or is it just because they were born into a family with more money?
It happened to me in Anthropology I back in the '70's. I took it as one of my non-Engineering electives. I thought I would learn some interesting stuff. Turned out to be nothing but memorizing fricking bones. Majority of students were pre-med and Anthropology majors. I made a 97 and got a fricking B because of the curve. I guess if you want to be a doc or dig them up, you better know your bones, 100%.
There are lots of electrical contractors that are rich. I have my electrical contractor license, insurance, and a company. My risk isn't necessarily financial, although there is a lot of money tied up in my license and company. The risk is giving up the stability of my weekly paycheck. The fear of the unknown isn't worth the risk of me losing my house because I might not be able to pay the mortgage.
Bingo; and risk isn't the only thing. For many it is life choices. During my wife and my married life I suspect we have not slept in the same city about 30% to 40% of the time. Living a large potion of our lives in hotel rooms. Night after night of bar or restaurant food. missed/cancelled flights. Missed childrens activities. etc. Anybody could do it but most won't. It is not a life style that they would live for any amount of money. It does not take having money to create wealth. You can do it by taking risk, working hard , doing things that most wouldn't, making personal sacrifices, etc..
Thanks. I had a good paying job out of college that I hated. I saved every dime I possibly could for 14 months before I said screw it, I'll be homeless or happy
My hope and prayers for everyone is for them to live their happy life; whatever that may be. If it is 9-5, home for dinner, taking off early for children's events, etc then God Bless. If it is money and what that affords you, then it is out there for the making. and the video makes a good point. No I don't want to share my GPA; I worked hard for it. I spent many nights studying while others were out partying, etc.