Comment by siavosh
16 hours ago
Can anyone benefit from working 10% harder or smarter? Undoubtedly. But success isn’t linear. It’s clear from the zeitgeist that the ultra-rich and powerful—past or present—aren’t working a million percent harder or smarter; their positions are more accurately explained by structural advantages. The first million might be 95% hard work and talent. The next million, probably a bit less so.
> It’s clear from the zeitgeist that the ultra-rich and powerful—past or present—aren’t working a million percent harder or smarter; their positions are more accurately explained by structural advantages.
Millions of people had an equal or better starting condition than Mark Zuckerberg so we aren't really lacking privileged people, but vanishingly few of those do become ultra wealthy.
I'm not going to get into the role of luck, but more curious -- how many ultra-rich individuals do you think can exist on the planet earth?
Point is that wealth is a pretty minor part here compared to luck and skill, as otherwise people born wealthy would dominate the startup world. Instead its people born to upper-middle class families that dominates it.
3 replies →
It’s not just about starting condition but also the level of psychotic desire to profit at any cost.