Comments by "Samson Soturian" (@samsonsoturian6013) on "America's Dangerous Obsession with Entrepreneurship" video.

  1. I ran a fireworks stand on commission this year. I paid my workers the same they'd get at a grocery store and afterwards I did the math and after expenses my pay was comparable a shift manager. I was drawn in by the small chance I'd get 4 times that if we had a good year, but I'd rather work at a factory than run a store. More money, fewer headaches, no insanely long hours.
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  2. Statistically the jobs that pay the highest relative to skills required are jobs no one wants to do. I.E. Butcher, plumber, and garbage man. Second place goes to industries perceived as terminally old that are very much not like carpenter, boilermaker, and farmer.
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  3.  @grigorkyokuto7546  Average trade job pays significantly above the average wage where the job is offered. Just because you can't get rich doesn't mean the pay is trash
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  4. A trademen could easily invest in long term bonds and let his children inherit a small fortune.
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  5.  @TheGreatWasian_  That's widely exaggerated since all the grunt developer jobs I know of don't pay great. They've even introduced basic coding to high schools and it is unclear how much of the bottom tier work can be automated with machine learning software.
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  6. Another thing about VC firms is they seem to be run by people who sexualize wealth. Of course there's a preference for young founders.
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  7. We like them because equity funding hides the insane amount of leverage involved. If we can't see the risk, it must not be there.
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  8.  @ronblack7870  not just young people. Only new tech is exciting. Also, a lot of machinery work is so specific the only training is on the job training
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  9. That's a whole different type of bullshit to deal with
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  10. Yes, but India has the same level of honest as cryptobros
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  11.  @Peter-du5gw  depends on the trades, though. A lot of big businessmen started out as tradesmen (Sam Walton started out at his father's pharmacy).
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  12. @fedyx1544  the cost of land and equipment is identical to the cost of starting a business with similar profits
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  13. How much did you lose?
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  14. Why don't you save a few steps and simply buy shares in the best companies?
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  15. Yes, but most startups are small businesses that want to be big
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  16. He got what he deserved
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  17. All chiefs, no Indians.
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  18.  @broadestsmiler  and it pays the same as trade. Because IT IS A TRADE.
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  19. There was also a time when big business was impossible except in select industries.
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  20.  @Btwinklestars  union jobs don't pay better
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  21. No one read that
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  22. @luisfilipe2023  that is why cashiers aren't paid well since we can just hire teenagers
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  23.  @baileymaloney1961  you misread. I only said some jobs pay more relative to skill
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  24. @DevoutSkeptic  depends what job you're in and what country
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  25. I assume that's sarcasm?
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  26. @pb25193  that's silly. An entrepreneur, by definition, is NOT working class
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  27. One of many, yes. Another issue is a lot of people try to be the boss even if it makes no sense
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  28. You're no different, wherever you are
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  29.  @email5023  lazy people
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  30. You'd have to code something else no one else can in order to do it full time. Otherwise it is more economical to work for someone else
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  31.  @luisfilipe2023  They pay around average and the skills required are nill.
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  32. @mdp5002221 please. Somehow I doubt that. Welders make as much as nurses
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  33. @fedyx1544  this idiot thinks farmers are rich. Most farms, regardless how well developed, are owned and operated by a single family
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  34. Done what?
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  35. The two are not related
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  36. In rocket science he is
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  37.  @ljpal18  you never watched anything by Tim Dodd, the Everyday Astronaut, apparently. He and his team at SpaceX have done many things to make rockets more efficient. Frankly, I wish he'd stick to making rockets than all this other weird stuff
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  38. More respected than you
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  39. He's not Jake Tran. He doesn't hate people richer and more righteous than himself. Videos about non-issues and success stories don't make good videos.
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  40. Rocket science
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  41. Is that your excuse for being a deadbeat or do you wish your parents never had you?
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  42.  @kael7953  not really. If you work a trade for a lifetime and buy bonds and other safe investments, you'll have a whole kingdom to give to your kids. This process is infinitely repeatable
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  43. @draneym2003  entrepreneurs as a class aren't subsidized, certain industries are. Although there are VC idiots effectively subsidizing entrepreneurs of certain races and gender
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