Hacker News new | ask | show | jobs
by thewebcount 1756 days ago
It’s funny because there was an article here a few weeks ago slamming “The Millionaire Next Door.” Yet, that is one of the financial advice books that does tell you to start a business. Or at least it points out the same things as this article, namely that that’s how most rich people got there.

Also, despite what the article says, I’ve made a ton more money working for the man than I ever made working for myself. I’d probably be considered rich by most Americans’ standards. So it absolutely can happen, though there’s a lot of luck involved. I used to own a business, and while I manages to keep it alive for 5 years, it didn’t make much money. I sold it to a competitor and went to work for the man (not the company I sold it to). I kept getting royalties for a couple years, and by the time that ran out, my stock units were starting to vest, and that’s when things took off. The business helped make the transition smoother and faster, but I’d have made money on my stocks and higher salary either way.

1 comments

Yeah I find it a bit ironic that people complain that "rich" people aren't trying to sell their own story and instead think about how to help a non rich mortal. Of course it is a bit hypocritical because they may not know much about the middle class or below but the point is that they are trying instead of assuming that you just walk down the golden path you were born into.