Having family members that own aircraft, and vacation homes in some of the most sought after parts of the US, but also having family members that do not have wealth, but instead have garnered academic accolades from international magazines I have a different perspective. Those who I mentioned in my previous post, who only collect, shop, spend the minority of their time helping those in need and enjoying the sun the majority of the time, etc. are the problem. These people like my cousin who has managed to have her life style maintained (Porsche, trips all over the world, etc.) even after graduating H.S. without having a job are the problem. The idle rich are the problem just like the idle poor. These people like my cousin haven’t done anything do deserve that lifestyle other than being born and are even less special than the person I will talk about next.
A friend who is brilliant, hard working, and wants to have the lifestyle that I grew up with, and maybe provide this to his future kids but cannot get it going. Why isn’t he upwardly mobile? He was born into poverty, and has to help support his mom. This is what should be celebrated and nurtured. By the way he had to drop out of the United States Military Academy because his mother had cancer and needed to work to help pay for the treatments.
How do people stop others from being a golden goose? 1. They are not born. 2. Business compete vociferously to maintain their market share. Other reasons include the fact that 27.3 percent of hires have been referred, and if you don’t know anyone in investment banking, that great law firm, etc. it’s going to be harder to get that job. I’m more inclined to hire a person that I grew up with or their friend’s friend… as a matter of fact. So, I went in to speak to someone today about purchasing a product that I would like to bring to market. This person told me that he has built relationships with his provider; he was one of the first to use the product before it became the most popular product and therefore it gave him cache, told me that I had no credibility. He also told me some other stuff, but at the end of the day he was un willing to even look at it unless I had certain letters at the beginning of my name even though the product has been around for 300 year, and is being sold elsewhere for much cheaper. That my friend is an example of how people get shut out and not allowed to be golden goose. Another example is the start of Amazon. Bezos got $300,000 from his father. There is no way that business could have been started by someone who was making $30,000 a year. Blah blah blah

At the end of the day get a job work at something the majority of time. Help advance society in a positive way. Do not sit on your butt because you have money. That is my message to everyone.

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