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-   -   Who here will describe what it's like being born rich... (https://gfy.com/showthread.php?t=1124794)

BlackCrayon 10-30-2013 05:16 PM
Quote:
Originally Posted by Minte (Post 19853575)
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?
what does lightspeed have now? nothing much probably. those who came and went usually left with next to nothing. i'm sure there were some smart ones who got out at the right time and invested money into something else but making big money in porn back in lightspeed's glory days was so easy virtually anyone could do it.

BlackCrayon 10-30-2013 05:22 PM
Quote:
Originally Posted by sperbonzo (Post 19853891)
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

.:2 cents:
sorry but that percentage is fuck all.

SilentKnight 10-30-2013 05:24 PM
Quote:
Originally Posted by adendreams (Post 19853382)
Who here will describe what it's like being born rich...
He can.

http://www.celebritynooz.com/images2...ittle-then.jpg

Relentless 10-30-2013 05:30 PM
Quote:
Originally Posted by BlackCrayon (Post 19854480)
making big money in porn back in lightspeed's glory days was so easy virtually anyone could do it.
Why didn't you? Anyone could? So easy? If that is true then what is 'wrong' with you that caused you to not do it? Making money is never so easy that anyone could do it, it only looks that way in hindsight. In hindsight making money is always easy. A tablet that's basically a large smartphone... Duh easiest thing to make and it makes billions of dollars. Steve jobs had it easy when he made one? No, he had it easy in hindsight... At the time people warned him he would fail, waste a fortune and come out looking like a retard.

Making money is ALWAYS hard work. Keeping it is even harder. The only exceptions are lotteries and inheritance on a massive scale.

Don't confuse someone who earned money with someone who won the lottery (genetic or powerball variety). Doing that is no better than confusing someone who is poor with someone who is lazy.

BlackCrayon 10-30-2013 05:39 PM
Quote:
Originally Posted by Relentless (Post 19854507)
Why didn't you? Anyone could? So easy? If that is true then what is 'wrong' with you that caused you to not do it? Making money is never so easy that anyone could do it, it only looks that way in hindsight. In hindsight making money is always easy. A tablet that's basically a large smartphone... Duh easiest thing to make and it makes billions of dollars. Steve jobs had it easy when he made one? No, he had it easy in hindsight... At the time people warned him he would fail, waste a fortune and come out looking like a retard.

Making money is ALWAYS hard work. Keeping it is even harder. The only exceptions are lotteries and inheritance on a massive scale.

Don't confuse someone who earned money with someone who won the lottery (genetic or powerball variety). Doing that is no better than confusing someone who is poor with someone who is lazy.
well i was only 18-20 depending on when we define what the glory days are. i started messing around with this in 1998 but had absolutely nothing. i lived in the middle of nowhere and thought i was doing great making 10k a month but in reality, its nothing and didn't last. i wanted to start a paysite but had no idea how i would upload the content over dialup..

i didn't have any help aside from my parents letting me use their computer. i grew up wearing clothes from the salvation army and living a house that was falling apart (literally) with no heat in the second floor. maybe i'm just a born failure but had i taken it as seriously as i should of and make a few different decisions, who knows where i might be today but instead i'm still working at it 7 days a week trying and hoping one day to get somewhere other than just average.

Zuzana Designs 10-30-2013 05:48 PM
Quote:
Originally Posted by Minte (Post 19854335)
The Bears are due..I think it's been 3 1/2years since they beat the Pack? :)
It has been a long time :( But I have to believe so I can mess with ya :) Will you be at the game this year?

Dead 10-30-2013 05:52 PM
I respect Minte, as I too, am nothing but a board persona, from way back and have enjoyed watching his continued growth....
Fantastic news for the nomination, truly deserved from what I read!

Relentless 10-30-2013 05:54 PM
Quote:
Originally Posted by BlackCrayon (Post 19854525)
well i was only 18-20 depending on when we define what the glory days are. i started messing around with this in 1998 but had absolutely nothing. i lived in the middle of nowhere and thought i was doing great making 10k a month but in reality, its nothing and didn't last. i wanted to start a paysite but had no idea how i would upload the content over dialup..

The people who DID figure it out weren't doing 'nothing' and obviously 'anyone' couldn't do it. Twenty years from now people will look back at the thing that seems easy in hindsight, the thing you aren't doing now for whatever reason. Figure out what that thing is, figure out how to make money at it and in the future they will tell you how easy you had it back in the day. Fail to figure it out and your answer to the same question about why you didn't will be the same as it is now.

At home 3D printing? A new app to monetize 'freeloader traffic', A whole new product nobody knew they needed until now? A product that was tried and failed but now has the timing to be a huge success? What is that 'easy' thing people will talk about in hindsight ten or twenty years from now.... Figure it out yourself or plan to be man enough to give credit to those who did when the time comes. ;)

Relentless 10-30-2013 06:02 PM
By the way... For anyone who missed it... Minte is building a clean room, presumably to get into printing biological materials. In the next few decades printing human organs and replacement parts like ears will be a bigger industry than all car parts and plastic doodads you can think of... combined. Twenty years from now some of you will say 'he had it so easy back when he started in Biologicals, there wasn't much competition in that industry yet and he had this huge factory with so much spare capacity. All he did was invest a few million dollars into an entirely new somewhat experimental offshoot of his existing business"

In hindsight it always looks easy.

Mutt 10-30-2013 06:10 PM
Quote:
Originally Posted by Far-L (Post 19854469)
Dude. My father was the son of a plumber. My dad was a Ph.D mathmatician that worked for IBM but we were never above middle class. We got in the schools we did based on scholastic and athletic merits and my dad had to get help to pay for it regardless. I borrowed money from my mother, who got a second mortgage on her condo, to buy the biz from bankruptcy and turn it into what it is today. Most of my education came from being on the road following the Dead around. We paid her back and kept paying until she left this world. My brother got into Stanford for his swimming and the fact that he was a prefect and an A student, all things that had to be earned, not given freely.

I know what AD is referring to because I went to school with the super elite, as did my bro.

You know everyone thought the Beatles came from money and the Stones from the other side of the tracks when the exact opposite was true. Assumptions... well... we all know how assumptions work...

And you seem to be making a lot of those these days. Don't harm yourself with assumptions unless you want to Markharm yourself with presumptions.
Dude. I wasn't putting you down. I merely assumed since you and your brother went to an elite private school that you came from a rich family. I stand corrected, you're from an upper middle class family.

You're very combative for a gentle hippy type.

dyna mo 10-30-2013 06:12 PM

theking 10-30-2013 06:20 PM
Quote:
Originally Posted by adendreams (Post 19854320)
oddly quiet on this...

He has explained about his business in detail...from the beginning up to this year. Why I do not know...it certainly is not something I would have done. Every new loser quizzes him and asks the same shit all over again and again...you are no different...sport.

CDSmith 10-30-2013 06:45 PM
Quote:
Originally Posted by Minte (Post 19854335)
The Bears are due..I think it's been 3 1/2years since they beat the Pack? :)
I don't like the point spread on this (GB -11). Think I'm going with the Bears.

baddog 10-30-2013 06:57 PM
Quote:
Originally Posted by adendreams (Post 19853397)
This is the classic "My dad made me get a paper route when I was 12...I started at the bottom rung in the mail room" but the more you hear it's apparent all school debts paid by daddy, loans co-signed for, trust funds established.. blue blood runs in your veins and you're set from your first gasp after you slime your way outta momma.
Jealousy will kill you. :2 cents:

Quote:
Originally Posted by J. Falcon (Post 19853427)
You sound very resentful.
No doubt.

Quote:
Originally Posted by Rochard (Post 19853567)
But you took over your daddy's established business, which pretty much ensured you would do well in life.
Sheesh

Quote:
Originally Posted by Rochard (Post 19854432)

Trust me when I tell you... I will forget.

So you didn't take over your daddy's business, the two of you "built it together". That's ten time worse than your father giving it to you.

Your father, a man twice as old as you, with twice as much business experience, and the ability to raise one hundred times more capital... Helped you. If you did this on your own at age twenty-three you would have failed. Without your father you would have had nothing at all.

If my daddy came to me twenty or thirty years ago and said "Let's a build a business" and I got to use his line of credit (that is a lot more than a broke twenty-five year old has access to) I too would have a business would be building a fountain in front of my huge office building too.
Fuck me . . . I've heard it all now.

dyna mo 10-30-2013 07:00 PM
i remember back to high school, the new camaro z-28 came out, several of the just turned 16 year old kids i hung out with were given 1 by their parents, 1 brother&sister got identical ones but different colors.

i was pretty upset about that since my parents only got me the rs camaro.



.

SeanLEE 10-30-2013 07:10 PM
Quote:
Originally Posted by Minte (Post 19853893)
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.

http://mintesfiles.com/gfy/building.JPG
Is your competition Bulletline?

Minte 10-30-2013 07:10 PM
Quote:
Originally Posted by theking (Post 19854598)
He has explained about his business in detail...from the beginning up to this year. Why I do not know...it certainly is not something I would have done. Every new loser quizzes him and asks the same shit all over again and again...you are no different...sport.
The easy answer to your why do I not keep my world private..

In the 10+ years I was in this business, I went to shows, bought sites, galleries, content, hosting, ad spots etc... Along with that I promoted many different programs. Most of those oldtimers are gone now that remember me, but every single one of them had my info as I was either paying them or they were paying me.

Minte 10-30-2013 07:15 PM
[QUOTE=Rochard;19854432]
Quote:
Originally Posted by Minte (Post 19854349)

Trust me when I tell you... I will forget.

So you didn't take over your daddy's business, the two of you "built it together". That's ten time worse than your father giving it to you.

Your father, a man twice as old as you, with twice as much business experience, and the ability to raise one hundred times more capital... Helped you. If you did this on your own at age twenty-three you would have failed. Without your father you would have had nothing at all.

If my daddy came to me twenty or thirty years ago and said "Let's a build a business" and I got to use his line of credit (that is a lot more than a broke twenty-five year old has access to) I too would have a business would be building a fountain in front of my huge office building too.

(You know I love giving you a hard time. Email me already so we can talk off of GFY. I don't have any contact information for you.)
If only it had been that easy. He had a fulltime job and worked in the shop in the evenings while I worked during the day and most weekends. We started in the garage. That huge line of credit was a 3k loan from his aunt to purchase a bandsaw, a used mill, lathe and a drill press.

mint at jefnet. com

theking 10-30-2013 07:18 PM
Quote:
Originally Posted by Minte (Post 19854652)
The easy answer to your why do I not keep my world private..

In the 10+ years I was in this business, I went to shows, bought sites, galleries, content, hosting, ad spots etc... Along with that I promoted many different programs. Most of those oldtimers are gone now that remember me, but every single one of them had my info as I was either paying them or they were paying me.
Maybe I am slow but I don't understand your explanation of "why"...but that is OK...I don't need to understand...it is of no import.

Phoenix 10-30-2013 07:25 PM
I was not born wealthy, however most of my friends outside this business are. You should not discount peoples achievements like minte he tooka small business and made it huge. JHands on work.

Most people would screw it up.
So out of the say 25 guys I hang out with and play basketball with at an elite private school. Only 2 did something on their own. One sold a business for a couple million before he was 30. Then took over the family business, which was just a game for his mother (they own rubber plantations in Asia). Anyway he took over their business in Canada and turned it sround into a thriving publishing company.

The other guy started a cool online security company and sold recently.

So that is 2/25 Not good odds for super rich with connections.

So give pepple the respect they deserve. It takes a lot more than just money to make a big company.

From my phone. ..excuse the errors

baddog 10-30-2013 07:26 PM
100 silver spoons

SeanLEE 10-30-2013 07:27 PM
Why do people count other peoples money!? I never understood that...

Minte 10-30-2013 07:32 PM
Quote:
Originally Posted by theking (Post 19854657)
Maybe I am slow but I don't understand your explanation of "why"...but that is OK...I don't need to understand...it is of no import.
Hundreds of people that have posted here and other boards know my name, rank, serial number and date of birth. I would be very surprised if everyone I ever met didn't google me. Once you take the lid off and do business with people, it's off.

theking 10-30-2013 07:33 PM
Quote:
Originally Posted by baddog (Post 19854664)
100 silver spoons
In your case it must have been a Silver Harley.

ErectMedia 10-30-2013 07:33 PM
Quote:
Originally Posted by SeanLEE (Post 19854665)
Why do people count other peoples money!? I never understood that...
More people want you to fail then succeed, jealousy's a bitch and hater's gonna hate :2 cents:


dyna mo 10-30-2013 07:35 PM
while Minte may be old school porner and a successful mainstream bidness man, his real passion and skill is photochoppin

http://i.imgur.com/4eebCpl.jpg

theking 10-30-2013 07:35 PM
Quote:
Originally Posted by Minte (Post 19854668)
Hundreds of people that have posted here and other boards know my name, rank, serial number and date of birth. I would be very surprised if everyone I ever met didn't google me. Once you take the lid off and do business with people, it's off.
Got it...

Minte 10-30-2013 07:38 PM
Quote:
Originally Posted by dyna mo (Post 19854676)
while Minte may be old school porner and a successful mainstream bidness man, his real passion and skill is photochoppin

http://i.imgur.com/4eebCpl.jpg
HAHAHAA! I still have most of that stuff from PC archived. Remember those Crow chops.

American Psycho 10-30-2013 08:20 PM
It's just the fact of life that this is not really a level playing field.

Sure its possible as a normal joe to chamge your status but the deck is stacked and most are to lazy to make it happen and rightfully so because unless you hit the jackpot with what you're doing right time right place at cetera et cetera you're in for a very tough haul to make it

I do quote well now but took me 10 yrs and ridicilous amout of work hours to get to a point of moderate success where if my dad wasn't a lazy ass , didnt disappear and helped it would have taken me 2 years to get where I am now.

those who are born with advantages have a much easier time getting to a point where they're stable and successful.

For examplr
I dated this rich Jersey girl whose dad was well off from the oil industry. and by the time she was 27 she had 200k dollars saved and she thought she was some hot shot businesswoman when in reality she lived expense free in a house that was owned by her dad she drove a car that was owned by her dad she went to college paid for by her dad and she didn't even understand that had she had any college debt or living expenses she would have $0.

The majority of money is concentrated and it always will be.

DTK 10-30-2013 09:35 PM
Quote:
Originally Posted by Minte (Post 19853893)
That's it? Honestly, if that's all you've got, it's one level lower than pathetic.
While we've butted heads, I couldn't agree more..and congratulations on your nomination :thumbsup

trevesty 10-30-2013 10:13 PM
Quote:
Originally Posted by Far-L (Post 19854107)
Sad day when one of the people that helped build this industry has to explain himself to those that are recent to the game.

Also, let it serve as a timeless lesson that just because someone doesn't know what someone else makes or does one shouldn't assume one or the other and treat them with any less respect accordingly. :2 cents::2 cents:

I know one of the most successful people in this industry still drives the beater he drove over 15 years ago. He started at the bottom. Now, he makes more in 60 seconds than most people here make in a year; in all likelihood the first billionaire of online adult, but he is so low key and humble about it that I have literally seen people talk at him like he is a one sale a week CCbill not even covering beer money webmaster posting about whether stats are up or down for everyone else. :upsidedow
I think I know who you're talking about, though out of respect I won't say their name. Very nice guy indeed. I've seen "hot shots" at shows in the past look at him funny for wearing a plain t-shirt and Levi's. :1orglaugh

If it's not the same guy, then there's apparently another extremely well off, well respected, yet low key guy in the industry who owns(either wholly or partially) a LOT of big properties.

D_Diggler 10-30-2013 10:40 PM
Reading through this thread all I can say is if we focused on more important things in life we would get so much more accomplished.
Feel free to quote me in the future.

adendreams 10-30-2013 11:03 PM
Quote:
Originally Posted by trevesty (Post 19854754)
I think I know who you're talking about, though out of respect I won't say their name.

probably Shawn but who cares

adendreams 10-30-2013 11:25 PM
Quote:
Originally Posted by Minte (Post 19853505)
I hate to disappoint, but my first car was a 1960 VW Beetle
http://i.imgur.com/gN3Lha2.png
(gold leaf, real diamonds)

the Shemp 10-31-2013 12:51 AM
Quote:
Originally Posted by Minte (Post 19854652)
The easy answer to your why do I not keep my world private..

In the 10+ years I was in this business, I went to shows, bought sites, galleries, content, hosting, ad spots etc... Along with that I promoted many different programs. Most of those oldtimers are gone now that remember me, but every single one of them had my info as I was either paying them or they were paying me.
i'll back you up on that ... i sure miss your prepaid spots...

JFK 10-31-2013 01:52 AM
Quote:
Originally Posted by Minte (Post 19854020)
In 1986 my mainstream business began to grow rapidly. I have my degree in mechanical engineering but the growth meant hiring more engineers. Pretty soon after I grew myself out of my engineering position.

I liked computers and when the internet started I thought it would have merit to learn HTML.
The consultant I hired to teach me finally asked the question what do you want to build your website about? I told him Porsche's..He came back a few days later and said that Porsche was very protective of their intellectual property and I would be flirting with a lawsuit.

So he asked what was my second choice.. bikini babes! So we registered bikinipage.com. in 1998. Within a few months several playmates emailed me and wanted to be featured and it took off. Yahoo was good to the site. #1 or 2 listing for bikini babes for nearly 6 years. I made investments in several large paysites during that era. Silent investor.

I always told myself it was a fun and very profitable hobby but when it stopped being fun I would get out. Earlier this year a member of this board took it over and I am totally out now.
I still post and read GFY because during those years I did a lot of business online and made a lot of friends.
Keep on posting Minte, dont let the wankers deter you:2 cents: Congrats on your nomination:thumbsup:thumbsup

Minte 10-31-2013 05:03 AM
Quote:
Originally Posted by adendreams (Post 19854790)
http://i.imgur.com/gN3Lha2.png
(gold leaf, real diamonds)
Probably should've done that with my VW. Gold was $35 an ounce back then. It would've turned out to be a brilliant move.

kane 10-31-2013 05:10 AM
Quote:
Originally Posted by Minte (Post 19854962)
Probably should've done that with my VW. Gold was $35 an ounce back then. It would've turned out to be a brilliant move.
My first car was a 77 Pontiac Sunbird. It was not very good car, but it got me through my last year of high school and lasted several months after. When I got it they had just painted it gold, but it was a crappy paint job. A year and a half later when it finally died and sold it for parts the paint was so faded and oxidized it was the color of urine.

D_Diggler 10-31-2013 06:19 AM
Some interesting posts

sperbonzo 10-31-2013 07:01 AM
Quote:
Originally Posted by BlackCrayon (Post 19854490)
sorry but that percentage is fuck all.
The entire point is not how many people achieve millionaire status. It is that there is nothing "fixed" about it, like the class structures of many other countries. People make a bunch of money, then lose it, and others come up, and lose it, all the time here in the US. That is the point that I was addressing.



.


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