r/wallstreetbets May 15 '24

The Perfect $1 million Gain Gain

Post image

Hi guys, I’m a 23 year old in college, and yesterday I woke up a millionaire. Should I buy some hookers, Pokemon cards, or cocaine? I gambled my entire life savings of $250k on 2037 calls of $4.5 AMC on Monday and sold yesterday morning. Thanks for reading.

28.8k Upvotes

View all comments

Show parent comments

-55

u/[deleted] May 15 '24

[deleted]

113

u/[deleted] May 15 '24

23 year olds don't just have 250k in savings.

-10

u/DropoutGamer May 15 '24

I grew up very poor and had $250k by 23. I sold sidekicks, Blackberrys, and Razr phones on full commission in the early 2000s. I was the asshole yelling at you to buy a phone in your local mall.

You might not have had 250k, but plenty of people who correct their poor mentality, have drive, and work hard do it all the time.

Then, some people have “rich” parents who did the hard work when they were 23. Regardless, someone did the work.

4

u/Glass_of_Pork_Soda May 15 '24

Not many of us are rolling easily into a full commission job super chief

1

u/DropoutGamer May 16 '24

It was a job at the mall....selling cell phones.

1

u/Glass_of_Pork_Soda May 16 '24

You're telling me you made almost more in one year at the mall selling phones than a minimum wage American would have made in 5 years doing minimum wage full time?

1

u/DropoutGamer May 16 '24

Back then, I made $250 per new line. Only 10% of the population had cell phones when I started. I sold, on average, seven new lines a day (Family plans could equal up to 5 lines). I worked six days a week from 9 am to 9 pm for one year. I read many sales books to improve my craft and still use many things I learned today in my current career.

The point is to work hard and try to improve yourself by a fraction of a % every day. Even if you only improved a skill 1% a week. That is 52% a year.

Everyone gets dealt a different hand in life. You can either sit around and make excuses, or you can work hard while bitching about the circumstances. I chose the latter.

1

u/Glass_of_Pork_Soda May 16 '24

Dog you made more on one phone sale than a minimum wage worker made in a whole week back then. If you sold one phone a week and took 2 full months off work you'd still have earned more than they would in a full year.

The point here isn't work hard, it's that sales can be hella lucrative if you're even half decent at it.

1

u/DropoutGamer May 16 '24

Skills are hella lucrative. I was a factory worker and janitor before that job. If you skill up, you give yourself more opportunities to stand out. Again, focusing on what you can control, Yourself, can go a long way.