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(Inc)   Binge-watch Netflix? Well, that's a reason why you're so poor, Poory McPoorperson. Here are 7 bad habits that rich people don't have   (inc.com) divider line
    More: Stupid, Need, Want, Knowledge, Psychology, The Boob, English-language films, Success, sort of mindfulness practice  
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2070 clicks; posted to Business » on 18 Apr 2021 at 4:26 PM (2 weeks ago)   |   Favorite    |   share:  Share on Twitter share via Email Share on Facebook



106 Comments     (+0 »)
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2021-04-18 1:19:49 PM  
What a bunch of bullshiat.
 
2021-04-18 1:20:11 PM  
Alternate headline: 7 reasons to believe Trump isn't really rich.
 
2021-04-18 1:35:56 PM  
None of these traits really matter. It's not the smartest or the hardest working or the most prudent who rise to the top; it's the cruelest. If you are willing to treat other human beings as objects and not persons, you too can enter the 1÷.
 
2021-04-18 1:36:05 PM  
I wager Matt never struggled financially for a single day in his life.
 
2021-04-18 1:37:30 PM  

AliceBToklasLives: None of these traits really matter. It's not the smartest or the hardest working or the most prudent who rise to the top; it's the cruelest. If you are willing to treat other human beings as objects and not persons, you too can enter the 1÷.


It's not even that. Success comes from being born white and wealthy.
 
2021-04-18 1:53:43 PM  
The biggest bad habit that most rich people don't have is being born to poor people.
 
2021-04-18 2:03:12 PM  
None of these are required for two wealthy kids to have a drunken hookup on their country club's golf course and then end up getting hitched two months later and giving birth to you 7 months later - "oh my gosh, he's big for a preemie!" - and then inheriting all the loot  their grandfather stashed away.

But they are the things you would claim you do if you are that child now working at Inc magazine, the People magazine of heirs.

[CSB - Just described the life of an actual Inc writer I went to prep school with.]
 
2021-04-18 2:12:59 PM  

dildo tontine: What a bunch of bullshiat.


Blogger describes what she imagine rich people to be like.

/your blog sucks
 
2021-04-18 2:15:44 PM  
Just about every successful person I know will throw back shots of tequila and get wild on the dance floor from time to time.

But it's the exception, not the rule.


TIL that "exception" means "just about every."
 
2021-04-18 2:27:30 PM  
What a bunch of drivel
 
2021-04-18 2:34:38 PM  
1. They have enough money to do things other than watch TV.
2. Poor people are stressed more...hence they drink more.
3. That have enough extra money to spend on things other than consumption.
4. They can afford to eat nice unprocessed food and don't stress eat or eat like shiat because they crappy job only gives them a 30 minute lunch.
5. They also take credit for success they haven't earned .
6. They're the ones everyone gossips about.
7. Because their assholes

People aren't rich because of this list.  People end up on this list AFTER being rich.

It's like saying rich people don't drive 20 year old piece of shiat cars or live in crappy apartments.
 
2021-04-18 2:46:46 PM  
Most rich people became rich by:

1. Inheriting the money or otherwise getting it from their family
2. Winning the lottery
3. Taking advantage of the poor and working class
4. Doing illegal or at least unethical or immoral things

That's it.
 
2021-04-18 3:00:20 PM  

GardenWeasel: AliceBToklasLives: None of these traits really matter. It's not the smartest or the hardest working or the most prudent who rise to the top; it's the cruelest. If you are willing to treat other human beings as objects and not persons, you too can enter the 1÷.

It's not even that. Success comes from being born white and wealthy.


Mostly, yes. But we do have some upward mobility and the corporate ladder very much rewards cruelty. That should be very clear after the last year, which proved that managers are generally not hired for their planning skills or their ability to manage a crisis. They get the job because they are willing to dehumanize others.
 
2021-04-18 3:08:48 PM  
If you want to join the 1 percent, then quit complaining about how Donald Trump, Congress, your parents, your boss, and the world are all trying to screw you.

F*ck this dickhead.
 
2021-04-18 3:20:27 PM  
So the author was "Well everyone I know does this...so you should too!" There were literally zero facts, just the author's view of their friends--who all seem to be successful.
 
2021-04-18 3:30:44 PM  
1. they don't get born into a poor family
 
2021-04-18 3:33:23 PM  
5, 6 and 7 are absolute bullshiat, and 3 is only true because they have so much money that they'd have trouble ever spending 'most' on consumption and also mislabel their consumption as 'personal growth' and 'their passion'
 
2021-04-18 3:43:21 PM  
8) They don't listen to the comments section on Fark
 
2021-04-18 4:24:58 PM  
2. They don't drink to excess on a regular basis.

I'm out!
 
2021-04-18 4:32:45 PM  
3. They don't spend most of their money on consumption instead of creation.
Successful people spend their money on things that make them better. They spend money on their business, on their personal growth, and on their passions.
Unsuccessful people feel the compulsion to buy products and things that they don't need.
Their houses overflow with crap they purchased from Walmart and useless gadgets that they wasted their money on.
Successful people spend money intentionally and focus most of their income on things that assist in creation
.

So it must be poor people who buy all those Ferrari's, Picasso's, Breitling watches, and Louis Vuitton handbags then?
 
2021-04-18 4:35:32 PM  
6. They don't gossip and waste time talking about other people.

LMAO

I have a rich friend and he gossips (to me, a poor) so much about the other rich people in his community. There's a ridiculous amount of drama with people who inherit wealth and are born with a massive sense of entitlement.
 
2021-04-18 4:37:54 PM  
I will give them the TV watching or video games, youtube,social media. these do eat up a lot of time that could be used for more productive things.  I didn't get the laundry folded but i spent 4 hours binge watching netflix lol
 
2021-04-18 4:38:02 PM  
They don't get born poor. That's the big one.
 
2021-04-18 4:39:32 PM  
This article does not specify net worth or income. I am 1% on income and save/invest 20-40% of my take home each year. I don't think I will ever crack the 1% net worth. The amount of hand me down money out there is crazy.

This list is garbage. Don't ask the 1% what they do. They'll tell you what their ideal is. Just watch them. When SHTF they will act like any other corporate manager would.
 
2021-04-18 4:48:37 PM  
I suspect that rich, successful people don't spend a lot of time reading listicles.
 
2021-04-18 4:56:50 PM  

bostonguy: Most rich people became rich by:

1. Inheriting the money or otherwise getting it from their family
2. Winning the lottery
3. Taking advantage of the poor and working class
4. Doing illegal or at least unethical or immoral things

That's it.


I'm rich and did none of those things, so fark you.
 
2021-04-18 4:59:18 PM  
I bet I can get rich on Dogecoin by not adhering to anything on this list.
 
2021-04-18 5:02:46 PM  
Thank fark for keyboards. Just imagine how hard it'd be to work a pen while making such a large waking motion.
 
2021-04-18 5:07:28 PM  

8 inches: bostonguy: Most rich people became rich by:

1. Inheriting the money or otherwise getting it from their family
2. Winning the lottery
3. Taking advantage of the poor and working class
4. Doing illegal or at least unethical or immoral things

That's it.

I'm rich and did none of those things, so fark you.


Welcome to Fark.
 
2021-04-18 5:09:33 PM  
Almost every rich person is rich because of inherited wealth. Almost all of the rest abused, exploited, and used their way to the top.

Are there people who had that amazing invention, that killer app, that awesome creative idea, etc? Sure. But they're the exception, not the rule.

I guarantee you rich people (including the ones that actually earned it) have plenty of leisure activities they partake in... and plenty of insanely hard-working people get farked over by our system.
 
2021-04-18 5:11:26 PM  

trerro: Almost every rich person is rich because of inherited wealth. Almost all of the rest abused, exploited, and used their way to the top.

Are there people who had that amazing invention, that killer app, that awesome creative idea, etc? Sure. But they're the exception, not the rule.

I guarantee you rich people (including the ones that actually earned it) have plenty of leisure activities they partake in... and plenty of insanely hard-working people get farked over by our system.


You've forgotten the role that luck plays in success.
 
2021-04-18 5:16:38 PM  
FTFA: Answer by Andrew Ferebee, seven-figure entrepreneur, high performance coach, and podcaster, on Quora

Ah, the classic 'life coach' con: "I made 7 figures* convincing idiots to pay me to tell them that all they have to do to be rich is work really hard, live on a shoestring, and eat right, and then it's their fault if my $1000 seminar doesn't help them because they ate McDonald's and watched a two-hour movie on Netflix once last month."

*There's one!  There's another!  And two over there!
 
2021-04-18 5:17:27 PM  
The idea that rich people inherited all their wealth is absolutely stupid. I know lots of people around the trades that made it the hard way. One guy in particular was born to Dutch immigrants that came over after the war. He worked as a carpenter  and then later got into the heating business. He built up the business and then later sold it to Lennox for millions. He drives  an old Chevy truck and still works because working is all he's ever done his entire life. Another guy I know made his fortune installing internet  he stared a business running cable and plugging in modems and worked at it for 20 years before he sold his business and cashed out. You absolutely can make a lot of money if you make that your goal. Now there is a discussion to be had over whether or not money is all that matters but if you want to make that your endgame then it makes sense to not piss away your time watching TV or your money on disposable junk from Walmart.
 
2021-04-18 5:37:40 PM  
Fun fact gossip is actually something we invented to keep tabs on the community with high density.

They engage in gossip it's just called something else.
 
2021-04-18 5:39:00 PM  

Lsherm: 2. They don't drink to excess on a regular basis.

I'm out!


No such thing as free money :(
 
2021-04-18 5:43:47 PM  

RTOGUY: The idea that rich people inherited all their wealth is absolutely stupid. I know lots of people around the trades that made it the hard way. One guy in particular was born to Dutch immigrants that came over after the war. He worked as a carpenter  and then later got into the heating business. He built up the business and then later sold it to Lennox for millions. He drives  an old Chevy truck and still works because working is all he's ever done his entire life. Another guy I know made his fortune installing internet  he stared a business running cable and plugging in modems and worked at it for 20 years before he sold his business and cashed out. You absolutely can make a lot of money if you make that your goal. Now there is a discussion to be had over whether or not money is all that matters but if you want to make that your endgame then it makes sense to not piss away your time watching TV or your money on disposable junk from Walmart.


I agree.

In the UK we have Richard Branson, started his business at school. His parents sent him to a good school, but they struggled financially to do so.
Alan Sugar started his business selling cheap crap in the local street market.
Tony Pidgley was adopted from an orphanage and could barely read.
Rishi Sunak's parents were a GP and a pharmacist and Sajid Javid's father was an immigrant bus driver. Both made a lot of money in the city before entering politics.
James Dyson struggled for years to start his vacuum cleaner company, mortgaging his home and not being able to afford lawyers when he negotiated with big manufacturers.
Jim Ratcliffe's father was a joiner and the family lived in a council house.
Sir John Moores dad was a bricklayer.

Those are just the ones I could think of off the top of my head.

Some people have the attitude that if someone managed to borrow a couple of thousand pounds and became a billionaire then they weren't self made.
 
2021-04-18 5:48:32 PM  

AliceBToklasLives: None of these traits really matter. It's not the smartest or the hardest working or the most prudent who rise to the top; it's the cruelest. If you are willing to treat other human beings as objects and not persons, you too can enter the 1÷.


Being cruel means nothing if you can't do it efficiently.
 
2021-04-18 5:57:22 PM  
Fark user imageView Full Size
 
2021-04-18 5:57:39 PM  
Failure to address time spent on FARK makes this list incomplete.
 
2021-04-18 6:00:36 PM  
Eh, I do pretty good. If doing better means I can't watch tv or spend some frivolous dollars now and then, I'll keep doing pretty good.
 
2021-04-18 6:03:32 PM  

RTOGUY: The idea that rich people inherited all their wealth is absolutely stupid. I know lots of people around the trades that made it the hard way. One guy in particular was born to Dutch immigrants that came over after the war. He worked as a carpenter  and then later got into the heating business. He built up the business and then later sold it to Lennox for millions. He drives  an old Chevy truck and still works because working is all he's ever done his entire life. Another guy I know made his fortune installing internet  he stared a business running cable and plugging in modems and worked at it for 20 years before he sold his business and cashed out. You absolutely can make a lot of money if you make that your goal. Now there is a discussion to be had over whether or not money is all that matters but if you want to make that your endgame then it makes sense to not piss away your time watching TV or your money on disposable junk from Walmart.


I can point to a nice pile of people in my personal orbit who went the entrepreneurial route and went under. Mostly people who got into corner stores or restaurants. The former usually ended with a chain store opening across the street siphoning all their customers away because their location was no longer convenient, and the latter for reasons that weren't apparent to me at the time, but it looks like that's a hard market to break into to begin with. None of 'em were going to see crazy money in those sectors, but they couldn't even keep the ship afloat one way or another.

Only one with a surviving business I know of runs a scrap metal operation, and while he's been able to keep that going for about 40 years now, well he certainly isn't living the high life.

I wouldn't call any of 'em unmotivated, distracted, lazy, whatever. It's almost like more people talk about their successes than their failures, leading to survivorship bias in the tales we hear.

/FWIW, I'm assuming by "the war", you mean WW2. You know, just in time for some of the rosiest economic conditions this country has ever seen. If I had a time machine and patience, well I'd go bet on horse races, but if not that I'd be starting a business in "the golden age of capitalism".
//The second tale definitely requires startup capital, an often time-sensitive gap in the market to exploit, and know-how, but that's a much more generalizable success story than the former. Not everyone would fail even if everyone tried to fail.
 
2021-04-18 6:13:28 PM  

8 inches: bostonguy: Most rich people became rich by:

1. Inheriting the money or otherwise getting it from their family
2. Winning the lottery
3. Taking advantage of the poor and working class
4. Doing illegal or at least unethical or immoral things

That's it.

I'm rich and did none of those things, so fark you.


1) How "rich" are we talking?

2) If it's legit 1% rich (probably not) you probably did at least 1 of those 4 and don't think you did. Though granted it would be difficult to win the lottery and not know it
 
2021-04-18 6:22:00 PM  
This thread is jealous of rich people.

/Don't be like this thread
 
2021-04-18 6:22:39 PM  
TDWCom29:

Oh boy. Prepare for the hailstorm. That one clearly did it on the backs of the working class, he's some Wall Street type.
 
2021-04-18 6:37:09 PM  

kozlo: TDWCom29:

Oh boy. Prepare for the hailstorm. That one clearly did it on the backs of the working class, he's some Wall Street type.


That's synonymous with point #4.
 
2021-04-18 6:39:09 PM  

TDWCom29: 8 inches: bostonguy: Most rich people became rich by:

1. Inheriting the money or otherwise getting it from their family
2. Winning the lottery
3. Taking advantage of the poor and working class
4. Doing illegal or at least unethical or immoral things

That's it.

I'm rich and did none of those things, so fark you.

1) How "rich" are we talking?

2) If it's legit 1% rich (probably not) you probably did at least 1 of those 4 and don't think you did. Though granted it would be difficult to win the lottery and not know it


I'm a self-made multi-millionaire that built a business out of my one-bedroom apartment and then 10 years later sold it to a Private Equity firm.  I worked hard and literally started with nothing*.

*Not exactly true, I was living on/receiving unemployment checks when I started.
 
2021-04-18 6:44:41 PM  

8 inches: TDWCom29: 8 inches: bostonguy: Most rich people became rich by:

1. Inheriting the money or otherwise getting it from their family
2. Winning the lottery
3. Taking advantage of the poor and working class
4. Doing illegal or at least unethical or immoral things

That's it.

I'm rich and did none of those things, so fark you.

1) How "rich" are we talking?

2) If it's legit 1% rich (probably not) you probably did at least 1 of those 4 and don't think you did. Though granted it would be difficult to win the lottery and not know it

I'm a self-made multi-millionaire that built a business out of my one-bedroom apartment and then 10 years later sold it to a Private Equity firm.  I worked hard and literally started with nothing*.

*Not exactly true, I was living on/receiving unemployment checks when I started.


Hell yeah, congrats!
 
2021-04-18 6:45:32 PM  

bostonguy: Most rich people became rich by:

1. Inheriting the money or otherwise getting it from their family
2. Winning the lottery
3. Taking advantage of the poor and working class
4. Doing illegal or at least unethical or immoral things

That's it.


Most? All. The hoarding of wealth is itself immoral.
 
2021-04-18 6:46:22 PM  
How much does someone get paid to write crap like that, because whatever it is it's too much.
 
2021-04-18 6:49:06 PM  
Rich people are by and large really boring. You have some extravagant ones, sure, and you have your trust fun babies who spend all their time traveling and doing drugs. But most of them aren't people you've ever heard of, whose jobs aren't particularly interesting.

Living in Connecticut was infuriating, because these people have so much money and practically nothing to show for it. Because all their money is in accounts and in properties. I'd like to think if I had access to that money, I'd at least look interesting. The world needs more rich eccentrics, if it's married to rich people existing st all.
 
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