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Everyone should be obsessed with chasing their first $500k. Capitalism has pulled more people out of poverty than any system ever created. Stop pretending it’s evil.

136,018 次观看 • 8 个月前 •via X (Twitter)

34 条评论

Recovering Woke 的头像
Recovering Woke8 个月前

100% of people lived in extreme poverty in 1800... that's now down to 10% worldwide thanks to free markets Capitalism isn't perfect but it's far better than anything else

Ken Schnetz 的头像
Ken Schnetz8 个月前

Your life will change. Set the milestone, decide how to get there, and start. No more waiting around.

Q-FLOW 的头像
Q-FLOW8 个月前

Capitalism isn’t evil. But money alone isn’t the goal either. The real win is using capital to build freedom, resilience, and long-term value.

think like a real estate appraiser 的头像
think like a real estate appraiser8 个月前

I spent $10k on some land in the middle of nowhere spent $50k setting up toilets and showers and cutting trees and putting up tents Nobody is camping at my site and I borrowed money from my grandma to do it all What do I do now?

Seth Wassenberg 的头像
Seth Wassenberg8 个月前

Money is not evil. It's neutral: It can be good. It can be bad. As Dave Ramsey says, money just "magnifies" the character of the person who possess it. If you're generous, you'll be more so. If you're stingy, you'll be more so. Having money is not the problem. Loving your money is the problem.

Jacobjkmoore26 的头像
Jacobjkmoore268 个月前

We don’t even have capitalism in the United States. wtf are you talking about

Coach Chron 的头像
Coach Chron8 个月前

The hunger for that first $500k sharpens instincts. It's a proving ground. Capitalism rewards the relentless—those who outwork, outsmart. Stop blaming the game when you haven't learned the rules.

Entrepreneur 的头像
Entrepreneur8 个月前

Everyone should be obsessed with converting cash directly into #GOLD $500K is a down payment on a mansion today and will be a down payment on a luxury car tomorrow. Not because capitalism isn’t the superior system, because governments steal wealth through fiat. Times changed.

Gjon Lulgjuraj 的头像
Gjon Lulgjuraj8 个月前

Agreed. Historically, capitalism has been the most effective system at reducing mass poverty. Global extreme poverty fell from roughly 42 percent in 1981 to under 9 percent by 2019, driven largely by economic growth and market integration. Where I disagree is applying that success to the current economy. Today the data tells a different story. In the United States, productivity has risen by about 70 percent since the late 1970s, while real wages for typical workers have increased only around 10 to 15 percent. Most of the gains have flowed upward. At the same time, wealth and market power have become highly concentrated. Corporate concentration is near historic highs in many sectors, and social mobility has stagnated across much of the developed world, according to OECD and IMF research. So yes, capitalism worked in the past. But the current version of the system is increasingly shaped by elitism, monopoly power, and asset ownership rather than broad based prosperity. Pointing that out is not anti capitalist. It is simply acknowledging what the data now shows.

Kevin Geary 的头像
Kevin Geary8 个月前

BASED

Aaron Fernandes 的头像
Aaron Fernandes8 个月前

It also puts/keeps more people in poverty for each person it pulls out of it. Do I know a better system? Not really. But let's not make it sound all sunshine and rainbows. It's very zero sum in reality.

Ali Mamak 的头像
Ali Mamak8 个月前

The $500K target is strategic because it changes the game. Below that number, money is for survival. Above it, money becomes a tool for generating more money. The compounding starts to feel real. The obsession makes sense because the threshold fundamentally changes what is possible.

JP Attueyi 的头像
JP Attueyi8 个月前

Nothing evil about capitalism. The problem is that we go to school but we never learn how to make money. So the few that have learned it are envied by the many that haven't. It's not personal.

OneManSaas 的头像
OneManSaas8 个月前

What's your take on the psychological shift that happens around that $500k mark? I've noticed hitting certain revenue milestones changes how you think about risk and time allocation, but curious if you see a pattern in behavior once people cross that threshold.

KELLY | X GROWTH MANAGER 的头像
KELLY | X GROWTH MANAGER8 个月前

Your first $500K matters more than your opinions. Capitalism lifted billions out of poverty. Demonizing it is a luxury belief.

Bryan K. O'Rourke 的头像
Bryan K. O'Rourke8 个月前

@BillionMagazine It can be evil Codie …. not always but it very well can be.

meme bastard 🍕 的头像
meme bastard 🍕8 个月前

The first 500k is not so hard, it’s the first billion that’s hard

Ijigban Daniel Oketa 的头像
Ijigban Daniel Oketa8 个月前

Money is okay. It is a tool for freedom and impact. Capitalism though made imperfect by human greed is the best system that guarantees freedom and impact.

SovrnInsurgent 的头像
SovrnInsurgent8 个月前

spend your entire life chasing things you’ll never take with you when you leave this world.

tco 的头像
tco8 个月前

Bitcoin is taking us all to $0.

Frank Snow 的头像
Frank Snow8 个月前

Please. You worship fraudsters & scammers. Watch films about massive fraud as inspired; War Dogs,Boiler Room, Wolf of Wall Street. Are in favour of pardoning the felons; the likes of the Grisleys & Dred Pirate Robert's. Likely think Sam Bankman Fried should be Commerce Secretary.

Samuel Průša 的头像
Samuel Průša8 个月前

Your first $500k isn’t just money it’s freedom, options, and leverage. Chase it obsessively. Systems aren’t evil; inaction is.

Solomon Onwochei 的头像
Solomon Onwochei8 个月前

The truth is often bitter. I recently found out that it wasn't just the government that made america what it is today... There were people who took the bull by the horns People who raised the transport and construction industries People who first created a monopoly market.

Phillygirl74 的头像
Phillygirl748 个月前

that is what rich people say... if you were poor, you wouldn't think this.

FV | Priya 的头像
FV | Priya8 个月前

Fr Fr

Maggie 的头像
Maggie8 个月前

Chasing goals, not guilt.

Thomas A. Anderson 的头像
Thomas A. Anderson8 个月前

Their is different kinds. In England they 1st had Land Enclosure Movements so markets & the $ economy wasn't voluntary but coerced. In the US it was made voluntary for the white population w/ land grants which Lincoln & Sherman wanted to extend to the black population.

🪏Ed n'Stuff 的头像
🪏Ed n'Stuff8 个月前

500k isn't worth shit these days.

Vineet Rawat 的头像
Vineet Rawat8 个月前

This is why I like capitalism: it opens doors for everyone, even for a Gen-Z founder in India hustling to build something real. No permission needed, just pure execution.

zuzu 的头像
zuzu8 个月前

Yeah, hitting that first $500k feels huge, it’s real proof you’ve got what it takes. But honestly, the magic happens when you don’t stop there. Keep chasing that full financial freedom

theshareholder 的头像
theshareholder8 个月前

$500k is the "prove it to yourself" number. Not enough to retire. Enough to know you're not lucky.

Rahul Kunwar 的头像
Rahul Kunwar8 个月前

The reward for good work is more work. Aim for this reward.

Hunter ✨ 的头像
Hunter ✨8 个月前

Poverty didn't exist before capitalism my friend 😭

Thomas Antony 的头像
Thomas Antony8 个月前

Most people call it 'greed,' but it's actually about freedom. Once you hit that first $500k, you stop worrying about bills and start living your life.

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