So there are 20 somethings walking around with millions in their banks?

[Mahaguru]

Just look at this infograph:

http://famousrivalries.net/2010/09/30/famous-rivalries-facebook-vs-everyone/

There is Mark himself who is a kazillionaire. Then there are his three other ex-friends who sued him and got $85 Million out of it. Then there is the founder of Bebo.com who netted $595 Million from selling Bebo.

I can't even imagine having mid 5 figures in my hand, let alone upper 7 figures! Makes me wonder if there are other 20 somethings who made out like bandits. Maybe not in the range of millions and billions, but upper 6 figures.

Brains. I gottsa gets some.

 

[QueBert]

Just look at this infograph:

http://famousrivalries.net/2010/09/30/famous-rivalries-facebook-vs-everyone/

There is Mark himself who is a kazillionaire. Then there are his three other ex-friends who sued him and got $85 Million out of it. Then there is the founder of Bebo.com who netted $595 Million from selling Bebo.

I can't even imagine having mid 5 figures in my hand, let alone upper 7 figures! Makes me wonder if there are other 20 somethings who made out like bandits. Maybe not in the range of millions and billions, but upper 6 figures.

Brains. I gottsa gets some.

More luck than brains, I've never heard of Bebo.com until you mentioned it. I look it up and it's another stupid social networking site. It doesn't take brains to start one, you just gotta get lucky with people signing up and it becoming popular. By far the friends I have with the most money didn't get their $$$ from their brain power.

$595 million for a site I've never heard of, and I thought I was on top of all social networking sites so I could have a variety of ones to hate on.

 

[guyver01]

I can't even imagine having mid 5 figures in my hand, let alone upper 7 figures! Makes me wonder if there are other 20 somethings who made out like bandits. Maybe not in the range of millions and billions, but upper 6 figures..

you must be new here.

Most everyone on ATOT is fresh out of junior college, making a cool $250,000 a year... with plenty of free time at that job to nef on ATOT all the time...

The rest are career college students with 14 masters degrees, who are in school trying to "better themselves" .. but they live on an inheritance which provides them $1.5mil a year in expenses so they can drive Lotus' and Ferrari's while banging supermodels between classes.

 

[GodlessAstronomer]

More luck than brains

That's what losers like you who will never succeed think.

Isn't the guy who wrote Minecraft just a university student who now has over $7M in the bank from releasing an alpha version of the game?

 

[QueBert]

That's what losers like you who will never succeed think.

Isn't the guy who wrote Minecraft just a university student who now has over $7M in the bank from releasing an alpha version of the game?

Define succeed? I make decent money, I have a GF I love and I enjoy every day of life. You can't tell me the dude who started Myspace was smart, it's not like he invented something. He's a modern day Pet Rock guy. The Pet Rock dude made millions, I guess that means he was brilliant? No what it means is these dudes are smart enough to come up with an idea that idiots will latch on to. They're far from smart though. It's mostly lucky, doubtful the pet rock inventor knew before he released the 1st one that it was going to be a huge hit. And if he did think that, it means he was a retard, because he got lucky. The Mindcraft guy is another case of luck, as thousands of developers release games all the time. Is Mindcraft better than other games? Nope, there are even some that are much better than his that won't catch on.

 

[sjwaste]

I don't know, it does take some intelligence to come up with something that "idiots" will latch on to - you both have to be smart/creative enough to come up with a concept and then market it to the "idiot" crowd. Yes, some of that can be luck, as a lot of similar ideas are either ahead of their time or too late, but to create something that people want does require intelligence.

Good marketing requires some art and some science. There are some bright people who have enough of both to make that happen.

 

[GodlessAstronomer]

You can't tell me the dude who started Myspace was smart, it's not like he invented something.

Yes he did.

No what it means is these dudes are smart enough to come up with an idea that idiots will latch on to.

Exactly. Smart enough, not 'lucky' enough.

The Mindcraft guy is another case of luck, as thousands of developers release games all the time.

Bullshit. He understood what makes a game addictive and fun (because he's smart) and he implemented it. That's not luck, that's a combination of intelligent insight and hard work.

 

[QueBert]

Yes he did.

Exactly. Smart enough, not 'lucky' enough.
Bullshit. He understood what makes a game addictive and fun (because he's smart) and he implemented it. That's not luck, that's a combination of intelligent insight and hard work.

Then Lil Wayne's a genius because he's made over $100 million by saying "my lalalalal-lollipop" and other things that barely rhyme. I guess anyone who makes a lot of money'ss smart to you, that's sure an interesting out look on things.

Based off what you said rappers are some of the smartest people on the planet because so many of them can make something ($$$$'s) out of nothing.

Doing something once doesn't = smart. Smart is Donald Trump who continues to expand and do more and more. The Mindcraft guy will never have another successful venture. and guess what? Mindcraft will run it's course. So sorry to me that's luck.

 

[adlep]

combination of right idea, luck and connections.

 

[GodlessAstronomer]

Then Lil Wayne's a genius because he's made over $100 million by saying "my lalalalal-lollipop" and other things that barely rhyme. I guess anyone who makes a lot of money'ss smart to you, that's sure an interesting out look on things.

Based off what you said rappers are some of the smartest people on the planet because so many of them can make something ($$$$'s) out of nothing.

Doing something once doesn't = smart. Smart is Donald Trump who continues to expand and do more and more. The Mindcraft guy will never have another successful venture. and guess what? Mindcraft will run it's course. So sorry to me that's luck.

What in the good fuck are you talking about? Who the fuck is talking about rap? Good fucking god you're a moron.

 

[goog40]

http://www.iwillteachyoutoberich.com/blog/success-and-the-shrug-effect/

When we list off the skills/resources that the successful person has–and we don’t–we do 2 things: First, we distance ourselves from that person, making them into something other than an ordinary, regular person. Second, we create an excuse for why we won’t achieve the same level of accomplishment. And then, in a textbook case of a self-fulfilling prophecy, we don’t.

But guess what?

CEOs don’t just magically flip a switch and start wearing a fancy suit one day, directing their staff to do this and that. Getting to the top isn’t about knowing how to execute a leveraged buyout, or negotiating anti-dilution provisions, or whatever. (This is true for both CEOs and other successful people in other domains!)

It starts earlier. For that CEO, it probably started when he took a paper route in junior high, or started a Web site in high school, or designed an interesting product in college. It started by knowing how to get in touch with the right people and learning–through lots of experience and failure–that senior executives are just people. They’re regular people who started their path to being extraordinary by taking small steps.

 

[coloumb]

combination of right idea, luck and connections.

and timing...

 

[theflyingpig]

What in the good fuck are you talking about? Who the fuck is talking about rap? Good fucking god you're a moron.

lol. QueBert is an uninsightful fool. Everyone knows this.

 

[QueBert]

What in the good fuck are you talking about? Who the fuck is talking about rap? Good fucking god you're a moron.

You claim the whatevercraft guy's smart because he made a shitton of money off a game people like. I was using your WTF logic to show that Lil Wayne's smart because he makes a shit ton of money off making music people like. But see, Lil Wayne isn't smart, he's lucky. People think "oh that guy has to be smart, he's 24 and worth 10 million!" but they never stop to think that that person will never have another successful idea in their life time. What's the Pet Rock guy doing today? Hell what has he done since he created a rock with eyes and a mouth glued on it? Nothing that's what, what's "Tom" from Myspace doing? MS is in the process of dying and he'll never do anything worth mentioning in his life again. If he was smart, he could just create something else, but he's not smart so he won't. Doing something ONCE = mostly luck. Take the whatevecraft guy and offer him $100 million to create something else that becomes hugely successful. He won't be able to do it.

One trick ponies are more luck + connections than anything else.

 

[Riceninja]

you're all idiots.

luck is a skill.

being in the right place at the right time is how 99% of people make bank.

and all you nikkas saying you enjoy every day of your life...i bet you'd enjoy it more in a ferrari

haters

 

[vbuggy]

What in the good fuck are you talking about? Who the fuck is talking about rap? Good fucking god you're a moron.

Look in the mirror before you call someone a moron - just like e.g. erikisamactard in another thread I peeked in.

To be truly successful, it's about luck, it's about hard work and it is about being a bit of a feral bastard. It has little to do with intelligence in the sense of e.g. a talented programmer. You apply what you can do to the first three - and if you're intelligent, it's one more big arrow in the quiver but it's not mandatory.

And the above poster has a point in that luck doesn't come knocking if you're sitting in your basement playing D&D all day. Which is why the potential for luck is great in institutions like a university where you have the opportunity to meet completely different people also in their formative years. There is a social aspect to this.

The latter of the three needn't be a big deal - say you mooch off friends for a year and never acknowledge it, but it points to a certain mindset.