Re:Goodbye, Ivory Tower. Hello, Candy Store
by vinceguidry on Sunday September 04, 2016 @06:13PM
(#12426974)
Jeans were an actual innovation, if you sold pickaxes in a gold rush, you were basically running a glorified 7-11.
But getting rich selling jeans during a gold rush requires luck, you have to already have the skill to sew before you go out West. Otherwise you're just like every schmoe out there looking to get rich. If you get out there and realize there's big money to be made in jeans, then by the time you're ready to compete effectively the opportunity to generate outsized returns is already gone.
The people who typically get rich during gold rushes already have 10 years of experience doing the thing they got rich doing, and they got there first. You need both foresight, the capability to be where you are needed when you're needed there and not after the big money has already been made, and luck, the happenstance of already having the skills that were needed.
Foresight can be learned, but luck can't be controlled.
But getting rich selling jeans during a gold rush requires luck, you have to already have the skill to sew before you go out West. Otherwise you're just like every schmoe out there looking to get rich. If you get out there and realize there's big money to be made in jeans, then by the time you're ready to compete effectively the opportunity to generate outsized returns is already gone.
The people who typically get rich during gold rushes already have 10 years of experience doing the thing they got rich doing, and they got there first. You need both foresight, the capability to be where you are needed when you're needed there and not after the big money has already been made, and luck, the happenstance of already having the skills that were needed.
Foresight can be learned, but luck can't be controlled.