Re:John Carmack: I loaned money to anyone that asked me
by dsfyu404ed on Monday January 09, 2023 @03:28PM
(#34315529)
>but it's really difficult to bootstrap when you don't have the means.
You have to aim a couple rungs up, not all the way up.
Starting from literally zero you can probably retire modestly but comfortably the owner of a respectable tax dodging container storage and dumpster rental business assuming a little luck and work in your formative years (maybe the local street gang will install the love of hustling for a buck into you) to set you down the right path.
Going from zero to C-suite manager type, not so tractable.
1. Why poor stay poor (you need money to make money)
2. Why successful startup founders skew being from well-to-do families (they can afford to take the risk).
Really applaud you for helping your friend. You truly change their life.
America is definitely the "land of opportunity", more so than most countries, but it's really difficult to bootstrap when you don't have the means.