He didn’t even experience real homelessness. The fear that comes from having no safety net at all, wondering how many times you’re going to eat that week, being in chronic pain but having no way to address it, Only sleeping a few hours a night for days on end cause it’s too damn cold an you keep getting chased off. Simply knowing that if it ever really get to much you can go back to comfort doesn’t let you experience the true terror of knowing your only way out might be in box.
He started out by crashing on someone’s couch, and finding all the free shit he could on facebook marketplace and craigslist and reselling it. His very first step shows how making a million dollars like that is done, by stealing everything that isn’t nailed down and extracting a profit for nothing. That’s the biggest takeaway I’m getting here. I’m sure most of those people giving things away on craigslist and facebook were thinking they were giving it to someone who would directly use it, not a vampire.
That also goes to show how not everyone can climb out of poverty. Maybe one guy can but he just pulled the ladder up by removing those resources for other people who were actually in need. A business degree haver should be aware that just because one person can acquire something at a certain price and turn a profit on it doesn’t mean that everyone can do that. That free item was available to exactly one person exactly one time.
Now this is going to sound like a hot take, but have people ever considered that the existing homeless population is itself a real life ongoing case study/experiment in this not being possible unless you’re like especially lucky? Or the fact that the vast majority of youtubers do not make a million dollars even over several years despite now having several years of experience in youtubing?
It’s not like homeless people are choosing to stay homeless because they’re secretly practicing streetmaxxing or being on that hated-by-bougie-society grindset, they’re legit unable to turn things around; this isn’t a TV show where a homeless person makes the choice to give up drugs, then turns his life around and comes back to that lady who was always supportive of him dressed in a suit now that he’s committed himself to turning his life around.
The only truth behind the conventional “wisdom” that a billionaire made penniless could become a millionaire again within a year is ENTIRELY DEPENDENT upon their social capital. If you’re a famous billionaire, you’ll have people willing to throw money at your nonsense investment opportunity based purely on your name and former status.
If you’re some guy nobody’s ever heard of with some daddy money and you somehow manage to lose it all, you’re fucked. This guy will never admit he was wrong, he was simply failed due to regulation or something.
i saw a twitter thread on this and IT’S EXACTLY WHAT HAPPENED. he used whatever social media pull he still had to create a startup for coffee sales or some shit.
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