• Sephitard9001 [he/him]@hexbear.net
      link
      fedilink
      English
      arrow-up
      105
      ·
      7 months ago

      Why would he quit? Surely going back to his life as a millionaire would be so much harder right? I mean, they have to earn all that money right? Why wouldn’t he stay homeless and continue resting until he was healthy again before returning to his arduous and stressful millionaire job???

  • EmmaGoldman [she/her, comrade/them]@hexbear.netM
    link
    fedilink
    English
    arrow-up
    113
    ·
    edit-2
    7 months ago

    The only truth behind the conventional “wisdom” that a billionaire made penniless could become a millionaire again within a year is ENTIRELY DEPENDENT upon their social capital. If you’re a famous billionaire, you’ll have people willing to throw money at your nonsense investment opportunity based purely on your name and former status.

    If you’re some guy nobody’s ever heard of with some daddy money and you somehow manage to lose it all, you’re fucked. This guy will never admit he was wrong, he was simply failed due to regulation or something.

    • Creakybulks [he/him]@hexbear.net
      link
      fedilink
      English
      arrow-up
      88
      ·
      edit-2
      7 months ago

      i saw a twitter thread on this and IT’S EXACTLY WHAT HAPPENED. he used whatever social media pull he still had to create a startup for coffee sales or some shit.

    • redtea
      link
      fedilink
      English
      arrow-up
      14
      ·
      7 months ago

      And he wasn’t even homeless because of it. He spent a night or two role-playing by sleeping in a park (do you think the police would move this guy on after he explained his ‘predicament’?) and then one of his ‘followers’ gave him an RV to live in, which he later sold back to the donor lol.

  • ta00000 [none/use name]@hexbear.net
    link
    fedilink
    English
    arrow-up
    89
    ·
    edit-2
    7 months ago

    He started out by crashing on someone’s couch, and finding all the free shit he could on facebook marketplace and craigslist and reselling it. His very first step shows how making a million dollars like that is done, by stealing everything that isn’t nailed down and extracting a profit for nothing. That’s the biggest takeaway I’m getting here. I’m sure most of those people giving things away on craigslist and facebook were thinking they were giving it to someone who would directly use it, not a vampire.

    That also goes to show how not everyone can climb out of poverty. Maybe one guy can but he just pulled the ladder up by removing those resources for other people who were actually in need. A business degree haver should be aware that just because one person can acquire something at a certain price and turn a profit on it doesn’t mean that everyone can do that. That free item was available to exactly one person exactly one time.

    • Dessa [she/her]@hexbear.net
      link
      fedilink
      English
      arrow-up
      22
      ·
      7 months ago

      I only object to it because he’s actually rich. If an actual homeless person could get off the streets this way, more power to them

      • DamarcusArt
        link
        fedilink
        English
        arrow-up
        13
        ·
        edit-2
        7 months ago

        As long as they write smug articles about it saying that homeless people are lazy because they got out of it this way, therefore there’s no excuse.

    • Tunnelvision [they/them]@hexbear.net
      link
      fedilink
      English
      arrow-up
      8
      ·
      edit-2
      7 months ago

      Why didn’t he go on the massive amounts of government assistance I’ve always been told by reactionaries is available for the homeless?

      Pretty crazy how the first thing this dude decided to do was to get something for nothing lmfao

  • Ithorian [comrade/them, null/void]@hexbear.net
    link
    fedilink
    English
    arrow-up
    53
    ·
    edit-2
    7 months ago

    He didn’t even experience real homelessness. The fear that comes from having no safety net at all, wondering how many times you’re going to eat that week, being in chronic pain but having no way to address it, Only sleeping a few hours a night for days on end cause it’s too damn cold an you keep getting chased off. Simply knowing that if it ever really get to much you can go back to comfort doesn’t let you experience the true terror of knowing your only way out might be in box.

    • Evilsandwichman [none/use name]@hexbear.net
      link
      fedilink
      English
      arrow-up
      18
      ·
      7 months ago

      The homeless don’t get to just quit being homeless

      The fact that he undertook this experiment entirely convinced he was going to succeed tells me he probably did in fact believe it could be done.

  • Sons_of_Ferrix@hexbear.net
    link
    fedilink
    English
    arrow-up
    45
    ·
    7 months ago

    This dude admitted his education, experience, and business connections were a massive advantage for him in this “challenge” and he still failed. I honestly wonder if he went to companies and told them “hey I’m an entrepreneur doing a social experiment to see if I can make it big while homeless”. Yeah of fucking course they’re gonna hire you. Fucker should have had to change his name and move to a city where he knew nobody and not be able to put anything on his resume.

    • Evilsandwichman [none/use name]@hexbear.net
      link
      fedilink
      English
      arrow-up
      15
      ·
      7 months ago

      should have had to change his name and move to a city where he knew nobody and not be able to put anything on his resume

      But I mean, homeless people can’t do that so this was the correct method (I kid, I kid)

      But this right here is the benefit of being rich and/or having connections, you have a safety net in case of failure.

  • SoyViking [he/him]@hexbear.net
    link
    fedilink
    English
    arrow-up
    31
    ·
    7 months ago

    I guess the “social experiment” didn’t yield the result he was expecting.

    I’m sure that he, in the true spirit of scientific endeavour, will fundamentally change his views on the capitalist economic system and the hierarchies of wealth and poverty it creates.

    • CTHlurker [he/him]@hexbear.net
      link
      fedilink
      English
      arrow-up
      19
      ·
      7 months ago

      He’s gonna write an insufferable LinkedIn-post and try to parlay it into a gig as a corporate motivational speaker. He is also going to learn fuck-all from this and instead double down on libertarianism.