Who here will describe what it's like being born rich...

That's not true. And you can type it as many times as you need to and it still won't be true.
I realize that the same basic concept holds true for you as it does the OP. So I won't rehash the history of my business again.

Did Lightspeed inherit his success? How about every other person you have worked for in the last decade..All golden spoons. Did any of them actually work for it?

I would guess the percentage of people propelling a "family" business to a large corporation is minute vs the number who run them into the ground.

Just because you take over daddy's business doesn't mean you will succeed. A lot of hate in this thread for sure.

It's cute watching you take shot after shot at Minte. You must really look up to him.

none of the trust-fund babies i've ever known (southern silver spooners) ever got the keys to the family business- none. they were too coddled to handle that sort of responsibility.

that's a true trustfund baby, they just call up grandma and tell her how much they need/want, cash, cars, trips, whatever. none had any moxie or gumption whatsoever.


someone who thinks taking over an established business is somehow a walk in the park and guaranteed success really has no idea wtf they're talking about.

I grew up rich in love form my mom with a not so present dad. Started a paper route when I was 8-9 and always worked to make a penny mowing lawns, shovel snow, walk dogs.....

Fuck the only Spoon I got was a wooden one on the ass when I was a dumbass ;)

A very good friend of mine that I met working years ago grew up EXTREMELY well off. His dad has a net worth about $50m ... All from being a serious player in investments.. .

My friend - I'd never have known he came from cash. Totally down to earth, worked hard, lived like a regular working stiff. Only later when he would have the whole crew up to his parents estate did people realize that these folks have far more paper than the average joe and he still was just one of the guys.....

Last year his father and mother were both diagnosed with terminal cancer. He has already been given a pretty large pile of cash from his parents.. However, like a lot of us, he just wants his parents to be healthy and enjoy life... When we talk, his line of you know what its like to know you never have to work again or worry about money again but you have to trade the life of your parents to get it? ... Its really sad to see him being put thru hell.

Being rich is nice to pay the bills and have a level of comfort ... Just don't forget to keep your feet on the ground in reality.

I'm not singlimg out anyone or not sure who he's referrimg to but I've seen my fair share of supposedly successful businessman who play it off like there are some alpha business genius and in reality they got a half a 300k dollar loan from their parents to start a business.

it just pathetic to live a lie like that...

That's awesome. Congrats.

How much concern does a plastic company have these days for the chemicals used in their plastics? About two years ago I started noticing the recycle numbers on the plastics in the food / drink products I buy, and how some of them are harmful, contain BPA and so on. Curious what a plastic owners view is on the harmful stuff?

the fact is there's definately classes in this country and every country and it's very difficult to break out of those classes.

From generation to generation most people stay in class where they started.

for one thing if you're busy working to pay the bills it's really difficult to learn new things and start new endeavors let alone have the money to do it.

I personally have advanced myself but I don't think I've actually change classes even though I my gross annual revenue is close to 7 figures I'm still a working man and I don't see that changing like I did when I was a bright eyed 20 yr old.

Thanks,

Our core process uses predominately polyethelene. It's a material that you can remelt and turn it into something different. There are different grades and we do a lot of work in the food industry. So the documentation chain has to be clean and accurate. 100% of the time.
EPA has been here over the years and to date there has been no issues with what we use.

This year we started an injection molding division and that gets complicated. We are already using 30 different grades from poly - glass filled nylon. We have added breathing equipment and the operators wear protective garments over their clothes when filling hoppers. I'm no expert in injection grades and we clearly are going to learn a lot over the next year. One of the things we are doing is having a clean room built. If you want to make anything in medical that's the only way allowed.

funny as hell if true

Sorry, but this is not true in the US.


Millionaire Status is Fleeting

Debates over the equity of the tax burden tend to treat millionaires as a monolithic group even though research suggests that there is a significant amount of churning in and out of this elite status. Indeed, a recent Tax Foundation study used special Treasury panel data to look at the mobility of ?millionaire? taxpayers between 1999 and 2007.[7] It found a great deal of mobility among the so-called rich.

During this nine year period, about 675,000 taxpayers earned over a $1 million for at least one year. As Chart 6 shows, of these taxpayers, 50 percent (about 338,000 taxpayers) were millionaires for only one year, while another 15 percent were millionaires for only two years. By contrast, just 6 percent (38,000 taxpayers) remained a millionaire in all nine years. Based on these results, it is clear that taxpayers move in and out of millionaire status with great frequency. The volatile nature of capital gains realizations and business income appears to be the leading factors for the transiency of millionaires.

IRS data on the so-called Fortunate 400 also shows that even ?super? wealthy Americans are not a static elite club that no one can penetrate. Indeed, the report indicates a great deal of churning among the top 400 taxpayers over a 15 year period. Over that period, 3,305 taxpayers had large enough incomes to put them among the Fortunate 400. However, 73 percent of these taxpayers appeared on the list just once and only 15 percent appeared more than twice. In any given year, 40 percent of these taxpayers had never been on the list in any other year.[8]

http://taxfoundation.org/article/who...s-millionaires

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That's it? Honestly, if that's all you've got, it's one level lower than pathetic.

The fact that this is GoFuckYourself.com I will be happy to post a new picture of my main building i had photographed for your enjoyment. Do you like the new paintjob? It turned out well.

If you look close at the front, you can see the fountain area.
My father would've been pleased.