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Yahoo
21 minutes ago
- Business
- Yahoo
Someone Asked, 'How Hard Would It Actually Be For A Millionaire To Start From 0 Again?' No Access To Old Networks, No LinkedIn, Nothing
'How hard would it actually be for a millionaire to start from 0 again?' That was the question posed on Reddit's r/NoStupidQuestions recently. The scenario: no money, no contacts, no LinkedIn. Just experience and mindset. Would it be enough? The post resonated widely and sparked hundreds of thoughtful responses from users across all walks of life. Most agreed that without connections, rebuilding wealth would be extremely difficult, even for someone who had done it before. 'Zero dollars, pretty easy for many of them. Zero rich friends and contacts, they're probably f***ed,' one user said without embellishing. Don't Miss: Peter Thiel turned $1,700 into $5 billion—now accredited investors are eyeing this software company with similar breakout potential. Learn how you can invest with $1,000 at just $0.30/share. Maximize saving for your retirement and cut down on taxes: Schedule your free call with a financial advisor to start your financial journey – no cost, no obligation. Another top commenter wrote, 'The biggest assets are your contact list and your reputation. If I know people, I can ask them for work, get credit, find buyers. Without that, you're just another person.' One Redditor argued that while a rich person might crash on a friend's guest bed, poor people often have no such help. 'I was homeless for a brief but awful period... Within a month, I had exhausted all my options and was about to sleep on the sidewalk.' Many pointed out that millionaire status often comes from owning a home and maxing out retirement accounts, not from running a successful company. 'Millionaire at this point means HCOL homeowner,' one person said, referring to high-cost-of-living areas. Another added, 'I'm technically a millionaire—about $1.6M net worth. If I had to produce $1M in cash... I'd be permanently worse off.' People who took decades to save and invest wouldn't have the time or energy to start over. 'It took me 25 years with a high-paying job that let me save near 50%. I'd be dead before I could do it again,' one commenter said. Trending: Tired of Grid Failures and Charging Deserts? This Startup Has a Solar Fix and $25M+ in Sales — Now Raising at $3/Share Plenty of people stressed the importance of good fortune. To them, most millionaires did not start from zero. They had family support, education and safety nets. As someone noted, luck is a huge factor. Right place, right time, right idea. Without that, it's just wishful thinking. Even Mark Cuban, quoted by several Redditors, has said he believes he could become a millionaire again but not a billionaire. Becoming a billionaire often comes down to being in the right place at the right time and taking big risks that happened to pay off, more than it does to effort or ability. One person, who supposedly went bust at 23, losing all of their $1.5 million and recouping their wealth by 30, and more so, said, 'Ask any multimillionaire and they'll all tell you the same: The first million was the hardest to earn. What made it uniquely difficult is what they had to learn along the way. Everything after that is mostly copy and paste, while remembering past mistakes.' In the end, while millionaire experience might help someone avoid common mistakes, it's no substitute for capital, connections, and safety nets. Read Next: Invest early in CancerVax's breakthrough tech aiming to disrupt a $231B market. Back a bold new approach to cancer treatment with high-growth potential. Many are using retirement income calculators to check if they're on pace — here's a breakdown on what's behind this 5 NEW TRADES EVERY WEEK. Click now to get top trade ideas daily, plus unlimited access to cutting-edge tools and strategies to gain an edge in the markets. Get the latest stock analysis from Benzinga? APPLE (AAPL): Free Stock Analysis Report TESLA (TSLA): Free Stock Analysis Report This article Someone Asked, 'How Hard Would It Actually Be For A Millionaire To Start From 0 Again?' No Access To Old Networks, No LinkedIn, Nothing originally appeared on © 2025 Benzinga does not provide investment advice. All rights reserved. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
India Today
an hour ago
- Business
- India Today
Employee's ‘Main to jaa rahi hoon' mail stuns CEO, delights the Internet
A screenshot of a light-hearted leave application from a copywriter has gone viral on social media. The email's subject line - 'Main to jaa rahi Hoon (I am leaving)' - was all it took to cause a minor workplace panic and a major social media Garg, the Gurugram-based CEO and founder of Talk & Target, shared the story on revealed that the email, sent by her Senior Copywriter Kritika Singh, made her heart skip a beat. At first glance, it seemed like a resignation note. But the reality was much simpler: Kritika just wanted a day off to head to the mountains. 'Heart skipped a beat. Turns out - she just wanted a day off to head to the mountains. Signed off the email with 'Thanks cutiees. Bye.' In a world of stiff professional emails, this one made my week,' Garg wrote in her a look at the viral LinkedIn post:The candid message won over the internet. Several users loved it because they viewed it as a break from the usual robotic tone of workplace communication. A section of the internet called it 'iconic', while some even dubbed it the 'most relatable leave email ever'.advertisement'Aise mai apne office me kar dun to termination reply back ayega (If I did the same at my office, I'd probably get a termination letter,' a user quipped, while another added, 'The twist! But this is peak wholesome office culture, Somya.'See the comments here:The post has become a mini-celebration of how small and playful gestures can humanise the workplace.- Ends
Time of India
an hour ago
- General
- Time of India
IAS officers' honest take on bureaucracy goes viral on LinkedIn-- Here's why
credit: linkedin A recent LinkedIn post shared by an IAS officer from the Rajasthan cadre of the 1996 batch has sparked debate online. Mr. Ajitabh Sharma, who has dedicated so many years of his life to the Indian bureaucracy, breaking away from the polished narratives, admits that 'in IAS, any assignment ain't difficult,' highlighting a bigger concern: are all claims about this job misleading? His post reflected on how many in governance present a simplified view of their work, making it seem like all tasks are equally manageable. He says, 'I have always found it difficult, much less for the assignments and more so for the narrative,' expressing his disagreement with the idea that every administrative assignment carries the same weight and complexity. Ajitabh Sharma pointed out that more than 80% of an IAS officer's time is consumed by what he calls 'non-core work,' noting that the core work for each department is different. The non-core work includes HR issues, departmental and interdepartmental meetings, prepping countless reports, managing data, etc. These tasks, although important, often take up so much time that there's little left for anything that truly matters. Screenshot of the post (credit: linkedin) What is core work? He explains: 'Anything that is mission-driven, departmentally unique—water, social justice, education, health, and the list goes on. These are the areas where officers can actually make a difference, shape policy, and deliver impactful governance.' Further, Mr. Sharma warns that spending countless years under non-core duties can lead to a false sense of expertise. 'You may feel like you are the 'expert,' but it may take your department on a downward slide in the service industry,' he explained. With over 4,000 likes and 500+ comments, his post has struck a chord on the internet. Once again, somebody chose to speak reality—and people are loving it. Citizens who are often at the receiving end of administrative delays and inefficiencies have also voiced their support. This post is a timely reminder that meaningful public service requires time, focus, and the ability to rise above the noisy routine of paperwork.
Daily Mail
2 hours ago
- Business
- Daily Mail
Surprising group are living in fear as they struggle to get hired despite strong job market
New graduates are struggling to find work despite recent data indicating a steady job market. For those graduating college it is the most difficult time in a decade to get that first foot on the career ladder, according to the latest figures. Young Americans are complaining that employers want years of experience even for entry level positions. Others are saying that they are having to apply for over 60 jobs before finally landing a tentative position. Overall national unemployment remains reasonably low at 4 percent, but this rises to 6.6 percent for new college graduates, Labor Department numbers show. The figures show a rise from the 6 percent unemployment rate for recent graduates the same time a year ago. It is part of a wider trend that has seen entry-level hiring fall by a staggering 17 percent since April 2019, according to data from LinkedIn. The bad news for new graduates comes despite a stronger-than-expected jobs report earlier this month which indicated that the labor market was holding steady amid the economic turbulence caused by President Donald Trump's tariffs. The economy added 139,000 jobs in May, above the Dow Jones estimate for 125,000. But despite the better than expected numbers, it was still a retreat in job growth from April, signaling remaining uncertainty about where the US economy is headed. Although young graduates tend to have a higher unemployment rate than those who have been in the workforce longer, the gap is only widening. The employment conditions for recent college graduates have 'deteriorated noticeably' in the first quarter of the year, according to a recent report from the Federal Reserve Bank of New York. This included college graduates aged 22 to 27 who have been in the workforce slightly longer. Unemployment for this group averaged 5.8 percent in the first three months of the year. That is the widest gap between young graduates and the broader population in 35 years, according to the study. Economists are blaming the general slowdown in hiring that is hitting new graduates hardest because layoffs for those already employed have remained low. This means it is harder for those without work to find it as companies look to tighten their belts in the face of economic headwinds. 'Businesses are hunkering down, and that creates a challenge for young workers entering the labor market for the first time,' Cory Stahle, an economist at jobs site Indeed, told the Wall Street Journal. Employers are less willing to take a punt on hires with less experience and thinner skill sets at the moment, Stahle explained. 'I'll think, "I could be good at this, but I haven't been given a shot yet,"' recent graduate Kirby Child told the Journal about her job search struggles. Child said one of the biggest barriers is that employers now want years of experience even for entry level positions. 'I don't have those three to five years of experience, and it feels really hard to get that,' the 22-year-old lamented. Zara Anwar, who graduated with Child from Lehigh University this year said she has applied for over 60 jobs before finally landing a position. However, her employer has pushed back her start date more than once. 'I worry for myself. I can only hope my job actually does start in August, but I truly don't know,' the cognitive science graduate told the publication. Guy Berger, director of economic research at the Burning Glass Institute think tank, agreed that a hiring slowdown is the biggest factor making it hard for graduates to find work. The situation could be even worse than the statistics let on since most of this year's college and high-school graduates are not yet registered in the unemployment statistics yet. The national unemployment level also managed to remain low in May because fewer people were registered in the workforce. The work habits of Gen Z — those born between 1997 and 2012 — are increasingly under scrutiny. Bosses are firing Gen Z in record time, a recent study revealed.
Style Blueprint
2 hours ago
- Lifestyle
- Style Blueprint
3 Easy Side Dishes for Stress-Free Summer Cookouts
Share with your friends! Pinterest LinkedIn Email Flipboard Reddit Hosting a summer cookout doesn't have to mean scrambling in a hot kitchen at the last minute. These flavorful, make-ahead sides offer a fresh, elevated twist on the classic cookout spread — and can all be prepped in advance for stress-free entertaining! Savory Zucchini Basil Tart Flaky puff pastry meets creamy ricotta, lemon zest, and thinly sliced zucchini in this light and elegant tart, which is just as welcome at a backyard gathering as it is at brunch. Get the recipe HERE. Meal Prep: Slice the zucchini and mix your ricotta base up to a day ahead, then store them in separate containers in the fridge. Assemble the tart right before baking. Pin Thai Lime-Marinated Fruit Kabobs These sweet-and-savory kabobs combine watermelon, pineapple, and cantaloupe with a Thai-inspired marinade of green curry paste, lime, coconut, and honey — then hit the grill for a caramelized finish. Get the recipe HERE. Meal Prep: Cube the fruit and marinate for up to eight hours in advance. Keep refrigerated in a sealed container until ready to use. Skewers can be threaded a few hours ahead and kept chilled on a covered tray. Pin Roasted Broccoli Salad with Tahini Dressing This nutrient-packed salad balances roasted broccoli, cabbage, dates, cashews, and green onions with a creamy, tangy tahini dressing. It's crunchy, sweet, savory, and seriously satisfying. Get the recipe HERE. Meal Prep: Roast the broccoli and prep the veggies and dressing a day or two ahead. Store each separately in the fridge. Toss everything together just before serving to preserve the crunch. Pin Cookout Prep Tips Trays: Use trays or sheet pans to transport prepped dishes to and from the fridge. Labels: Label containers with sticky notes so you're not digging around day-of. Room-temp dishes: Set out room-temp dishes (like the broccoli salad) 15 minutes before serving to let flavors shine. Beverages: Free up fridge space by stocking a separate cooler with canned drinks. This keeps the beverage traffic out of your kitchen! Hot dishes: Avoid anything that must be served hot, unless you have a reliable and easy way to reheat (like a grill-safe tray). Garnishes: Garnish last-minute for freshness. Fresh herbs, citrus zest, or crunchy toppings should be added just before serving so they don't get soggy. Check out more of our creative entertaining hacks for summer parties! More Favorite Make-Ahead Sides Cheers to stress-free entertaining! ********** For more recipes, check out our entire collection here. About the Author Kate Feinberg Kate Feinberg is StyleBlueprint's Associate Editor & Sponsored Content Specialist, based in Nashville. Kate is a plant-based foodie, avid runner, and fantasy reader.
