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Old 06-18-2014, 04:18 AM   #1
tgan3
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Default Is earning dough a skill that can be acquired or is it just pure luck?

Justin Bieber sings some "baby" song on youtube and is a millionaire many times over while others work every day earning minimum wage. So what do you think? Is it possible that earning money is like developing a "skill" like hitting free throws maybe? More you practice, better you get, or is it totally based on fate?
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Old 06-18-2014, 04:24 AM   #2
ILLsmak
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Default Re: Is earning dough a skill that can be acquired or is it just pure luck?

I think skill equals money in most cases, but there is a caveat. You have to be willing to bend. You gotta pay your dues and be a bitch.

So, the most skilled aren't always the highest paid because they won't. Basically, there is all of this money in the world and not a lot of "true talent." Therefore, I believe it is worth more than money. I think a lot of people do as well. If you have something unique, you decide the price for it. The world doesn't know the difference between what is pretty good and what is amazing, for the most part. At least, the pop world that is giving out huge amounts of money.

Anxiety, stubbornness, etc, all of those things impact a person's ability to make money. That's why it seems like a lot of the dudes who get paid are actually just money whores. They may have some talent, too, though.

-Smak
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Old 06-18-2014, 04:46 AM   #3
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Default Re: Is earning dough a skill that can be acquired or is it just pure luck?

Quote:
Originally Posted by ILLsmak
I think skill equals money in most cases, but there is a caveat. You have to be willing to bend. You gotta pay your dues and be a bitch.

So, the most skilled aren't always the highest paid because they won't. Basically, there is all of this money in the world and not a lot of "true talent." Therefore, I believe it is worth more than money. I think a lot of people do as well. If you have something unique, you decide the price for it. The world doesn't know the difference between what is pretty good and what is amazing, for the most part. At least, the pop world that is giving out huge amounts of money.

Anxiety, stubbornness, etc, all of those things impact a person's ability to make money. That's why it seems like a lot of the dudes who get paid are actually just money whores. They may have some talent, too, though.

-Smak

Spot on.

Skills CAN be developed. Just even think about Speech disorders, and even treat speaking as a skill, and you realize that there are trainings or "therapies" out there that helps someone to get over that hump and perfect such skill.

I think while it may be easy to confuse skills with natural ability, I would even add that because of certain natural abilities, it actually becomes difficult for someone to hone all skills.

How is this possible you say? Because the fact is that some people can be extremely talented in certain areas in which might cause them to lack the ability to pay attention to certain "skills" in which requires focus. Something that might involve them to forget their teachings in other aspects, in order to sharpen up the skill in another.


As for getting paid because of your skills.

I guess you can think of the minimum wage as the evaluation of the society place on its "education system as well as the state of civilization"

under the assumption that Everyone should be able to get a minimum wage job.


Anything beyond that, involves talent, being overrated/under perform, being paid based on relationshinal management etc.


Good/Great question, difficult to completely answer over the internet.
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Old 06-18-2014, 04:54 AM   #4
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Default Re: Is earning dough a skill that can be acquired or is it just pure luck?

Think of earning money like a value Pyramid. Down at the bottom where it's widest are things like flipping burgers or Working a cash register. Virtually everyone can do it. It's only just beyond the ability of a trained monkey. So those kind of jobs pay the least. If as you get older you improve your ability and skill and make what you can do rarer you get paid more money. Learning to Drive a semi takes some skill, Working construction takes some skill and some physical ability... Now your moving up the pyramid. A Teacher: that takes 4 years of school so you get a little more for that...... Engineer: The list of people who can do that is getting smaller so your making quite a bit more money now.....

Think about Lebron, Who else can do what Lebron does? No one, Just him. So he is quite rich.... It goes like this all the way to the top with guys like Bill gates and Steve Jobs doing something that everyone wants but no one else does.

Short Version: Just think about who else can do what you do. If the answer is no one, Your rich, if the answer is everyone with a functional body. Your making minimum wage.
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Old 06-18-2014, 05:08 AM   #5
DonD13
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Default Re: Is earning dough a skill that can be acquired or is it just pure luck?

there are always exceptions but the vast majority will end up about as rich as the parents are
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Old 06-18-2014, 10:03 AM   #6
nathanjizzle
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Default Re: Is earning dough a skill that can be acquired or is it just pure luck?

anyone can learn how to make money. the first thing they need to realize is that money is out there to be had. second thing is that they are going to have to sacrifice time energy and money to make that money. Starting a business is hardwork and you need to have an understanding of how to keep it alive and well. some people are more content with just having a regular job and salary which is fine too.
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Old 06-18-2014, 10:13 AM   #7
GimmeThat
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Default Re: Is earning dough a skill that can be acquired or is it just pure luck?

Quote:
Originally Posted by nathanjizzle
anyone can learn how to make money.

now, would you think that it was "consciousness" that our ancestor had helped us in turning all goods to be exchangable by some paper with a stamp on called money?

talk about an economic lesson.
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Old 06-18-2014, 10:23 AM   #8
DukeDelonte13
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Default Re: Is earning dough a skill that can be acquired or is it just pure luck?

It can be both.
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Old 06-18-2014, 10:24 AM   #9
russwest0
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Default Re: Is earning dough a skill that can be acquired or is it just pure luck?

earning money just takes intuitive thinking, the know how, and hustle.

it's a lot easier if you are in an apprentice role learning from someone in the master role. for many rich people that is their parents. it doesn't have to be for you though.
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Old 06-18-2014, 10:35 AM   #10
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Default Re: Is earning dough a skill that can be acquired or is it just pure luck?

well when theres places where minumum wage is $15/hour, you could call it luck.
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Old 06-18-2014, 10:52 AM   #11
GimmeThat
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Default Re: Is earning dough a skill that can be acquired or is it just pure luck?

Quote:
Originally Posted by russwest0
earning money just takes intuitive thinking, the know how, and hustle.

it's a lot easier if you are in an apprentice role learning from someone in the master role. for many rich people that is their parents. it doesn't have to be for you though.

http://www.youtube.com/watch?v=g0GMzQwO2l0
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Old 06-18-2014, 11:32 AM   #12
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Default Re: Is earning dough a skill that can be acquired or is it just pure luck?

Quote:
Originally Posted by DukeDelonte13
It can be both.
It IS both
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Old 06-18-2014, 11:36 AM   #13
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Default Re: Is earning dough a skill that can be acquired or is it just pure luck?

Quote:
Originally Posted by DonD13
there are always exceptions but the vast majority will end up about as rich as the parents are
The top 5% had to start somewhere...Gates had to make Windows, Cuban had to start Broadcast.com, Hilton had to start a hotel chain...etc

Every family in high society had a starting point where someone worked hard to turn everyone after him into a trust fund baby.
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Old 06-18-2014, 11:40 AM   #14
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Default Re: Is earning dough a skill that can be acquired or is it just pure luck?

I'd like to find a way to do my own thing at some point. This whole selling my time to the machine thing isn't too fun anymore. I just want to travel...I figure if I do my own thing and live in countries where it's cheap, I'm good.
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Old 06-18-2014, 11:44 AM   #15
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Default Re: Is earning dough a skill that can be acquired or is it just pure luck?

Quote:
Originally Posted by ~primetime~
Every family in high society had a starting point where someone worked hard to turn everyone after him into a trust fund baby.
This world isn't like that world any more. Upward mobility is much less likely than it used to be.
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