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That guy looks creepy and handing off near everything to AI as he says is possible is a recipe for disaster.Post from Tom Bilyeu
I hired 1,300 people to build my last billion-dollar company. If I had to start over tomorrow, I'd hire zero. AI changed the math. In 2015, Quest Nutrition h...
Thoughts?
I used to follow Tom alot long ago but haven't in a while
First guy seems a bit off. There's no way I would by a McLaren with that kind of net worth / income.
The 30mil? I think that was income last year not net worth. Unless you referring to something else.
The R30 million he stated as the revenue for his most recent and highest year. He also stated that he is 30, and had a net worth of R1m at 23. So we're taking about 6-7 years in his new business now - the distribution of income was likely low (had to get clients, hire people, wait for them to do the work, etc.), like most businesses, and peaked at R30m. It would probably be generous to say that it averaged R15m, but that would mean 6.5*15 = 97.5m. Next, this is revenue - he states that he employs developers do these jobs, probably has legal and accounting expenses, may even have premises, but will assume all his employees are local. It would be generous again to say that he has a 50% margin (most likely, it is less than that). That leaves, R48.75m earned over 6.5 year, which works out to R4.3/m year after taxes and R28m net worth, if he has never paid any expenses, and if he takes all the money out of his business each year. Reasonable expenses (say R1m/y) - so excluding the car, would put him at R21M.
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TBH I am not the biggest fan of Black Savage.
1) He copies School of Hard Knocks wholesale!
School of Hard Knocks
The School of Hard Knocks is a media company that promotes financial literacy through entertaining and engaging content. The company name was inspired from the term "I learned from the school of hard knocks", which means to learn from life's hardest lessons. Our content is focused on helping...
The same script, same approach, everything. He had a chance to do some differentiation but nope, none of that.
I do watch some his some of vids from time to time purely as it is localized content.
2) Some serious pandering to Chris Ocean, that is a whole other character, "Mr BPO".
Heh, never mind my above comment. After a bit of searching, it turns out that the guy is a scammer trying to become a wealth influencer who claims he can teach you to become wealthy by selling AI website to gullible clients. The McLaren isn't his - at best, rented for the day. Ironically, he gave himself up by doing things that wealthy people don't do.
https://www.threads.com/@deanxwhite/post/DJlH5GqSscE/media <- Lol!
Dean White | Laptop CEO (@deanxwhite) • Threads, say more
1.5K followers • 50 threads • Make money and do cool **** with dope people 🇿🇦 📍 Cape Town. See the latest conversations with @deanxwhite.
I think that the video in context is a lesson in itself. So many people showing off "their" toys just to pretend.
Huge issue in South Africa...just go to Sea Point or Camps Bay.
Keep it, there is still some value to be had.
Yeah. The vast majority of wealthy people I know spend money on houses and travel, and never post about it. Even the few “car guys” I know would rather buy a specific decades old classic sports car than the latest Lambo or Bugatti.
Before I had a banker I would call the homeloan department myself and request it.
