Topic: If you rich you will be poor If you poor you can be rich - page 2. (Read 791 times)

So that those people who are involved in a business must have creativity to manage their business. They must find out how to survive for ther business in any circumstances so when they can have many ideas for their business and do that one by one, they will not face a problem. They will have more chances to grow their business and slowly they will see how good the result from what they do. They don't have to feels that is difficult because that will depends on how they can react with the current situation so they can still runs their business. When poor people can do many things that they can, they will have a chance to have a better life and will not face a financial problem. They will have more opportunities to earn money so if they consistent and serious with what they do, they will make more money which can help them to have a better life.

Recent bank failures, such as Silicon Valley Bank, have shown that small to mid sized businesses and banks are already feeling the heat, particularly with rising interest rates squeezing available credit. That tends to result in more cautious spending, with less cash flowing freely across the economy-not exactly a setup for "the rich losing everything" and smaller players swooping in to buy them up. Regulators are even considering tougher regulations on such banks in order to reduce the potential for further instability that could dampen new opportunities for major asset purchases  .

Moreover, much of the capital nowadays is not just "sitting idle"; a lot of it is involved with high, yielding assets or reinvested in the still growing sectors such as technology and green energy. And while downturns can bring cheaper assets, smaller buyers may still find it hard to secure financing due to current credit restrictions and high costs. So, with the current financial policy and response of the market, expecting a "balance reset" wherein the rich lose it all is very unlikely; cash might move a little more.

If I'm someone who do have the money or capital for me to build my own business then waiting up for someone to go bankrupt doesn't really have any sense.How you would be so sure that they do go bankrupt just because they can't be able to pay up their employees? So why you would be trying to catch up a business that hadn't become profitable? Bankrupt means they didn't able to sustain and it's quite optimistic that you will really be assuming that they had some good number when it comes to customers or users or supporters etc.
Somehow there were other issues can be known on like having some legal problems like taxation or having some major problem in terms of financial management or the management itself yet this could possibly arise on a certain company,but usually if it does talk about bankruptcy of business then it do simply implies that it isn't sustainable.

Instead on waiting then it would be wise that you do really that start on your own rather than on waiting on something to go bankrupt just because you are believing into something.This is why on the moment that you do decide on running or building up a business on which proper planning would really be that relevant or something that needs up to consider.Rich people won't be liking on catching up those failed businesses on which they won't really be that trying to recover a failed business not unless if that person have some brilliant idea that he do have in mind then it's up to someone's choice and decision in the end of the day.

Waiting for a businessman to go bankrupt and we want to take over their business certainly requires large funds so that we can take the opportunity but we also have to understand well whether we will be able to make the business run well or not because having sufficient funds alone is not enough to take over someone else's business that is bankrupt and indeed it would be better if we start from the beginning with all the preparations that we have prepared and continue to develop the business that we run well.

In running a business, of course, you must have good management so that they can survive in all conditions they face and without having good management of course they will go bankrupt and cannot keep their business running well, choosing to seek a loan is good if they can fix the mistakes they have made but without fixing the mistakes of course this only delays the destruction of the business they run.

If you are waiting for business men or women to fail or become bankrupt before you can acquire such opportunity, then you gotta save a whole lot of fund.  Because It's not really easy to find such opportunity. Such opportunity is rear to find. It's better you start a person business that you will nurture as an interprenurer the. If such opportunity comes your way then it becomes an additional gain to your business.

There has been several speculation on how business tycoon lost their assets all because of lack of management and they lose their company to some other company. Most time such companies take loan to recover or collaborate with some other big companies, for new company to become a major stake holder that will still benefit them, even  if it's doesn't profit them as usual but atleast they will still maintain their brand or name. While someone is behind funding them.

Of course, unsuccessful economic conditions seem to bear a heavier burden on small business as compared to large ones due to their poor resources and reduced ability to cope with such blows. Small businesses: During the outbreak, many small businesses shut down while others barely hung on since they experienced constraints and low sales. This scenario is true because small businesses are comparatively more exposed and vulnerable in any calamities than the large firms that can always rely on deeper pockets to counter any or every adversity.

But, as it is in every calamity, there is always the smallest chance for small businesses to take a lesson from it and strive for innovation. It’s not easy, but the people who can manage to change or create something valuable are usually the ones who manage to ready and succeed in the future. Although the economic future is unclear, assistance from different stakeholders with opportunities to adapt might enhance small enterprises’ performance.

You just can't be sure about the small local businesses being okay when the big ones are totally devastated by a crisis. We've been there and take example during the pandemic, too many businesses have closed. Of course during lockdowns, many have to closed down and there were a lot that haven't recovered. That's why the big ones can take great tolls of economic impacts but the smallest ones are the ones likely being hit when crises happens. That's why if you're telling that they'll be okay, you can't be sure with that. Okay, some might survive and doing ok continuing the business but then, it's all about how the majority is doing when great tolls come to the global economy.

I have never seen anyone who after being rich became poor again and those who were poor became rich. But yes there can be ups and downs in people some one became rich but somehow he can become poor again but the matter is not same for all. Generally very few people who become rich and then become poor again. People who are rich usually try to do to own more money in order to become even richer. They give priority to profit in every case which is why they are less likely to be poor.

And for those who are poor, it is possible to become rich, but it is not in everyone's favor. Because those who are poor have no chance of having more money than they need, that's why they will have no chance to become rich if they want. So there is no way to say that one who is rich will be poor and one who is poor will be rich.

Honestly I must say your ideology is entirely wrong and off guard because I don't see why the rich will become poor  cause of crisis, having made so much wealth and assets even in the worse economy state they tend to look for means inorder to double their efforts and make so much profits  but for the poor they beat up task inorder to meet up with the standards and levels of the rich. So I think your words ain't true or got lighter chances of being effective and your words too are just contradicting themselves.

You don't make much sense. How will large businesses go bankrupt and small businesses be okay if there is a liquidity crisis? And how can one buy other companies when they are facing problems if there is not enough resources because you said you can do that if you are not rich?


You can't call someone who has enough cash or resources to be able to buy a company that goes bankrupt or faces financial problems because a company doesn't lose all its worth just because it's facing problems. It will lose value, of course, but it doesn't mean the current owner will sell the company to someone for an extremely low price.


That is definitely not how it works in corporate businesses. You are talking about small local businesses where one person who starts a business, fails financial problems, sells it at a lower value, and someone else becomes the owner. In corporate businesses, those who own a business will have backup plans, and they have enough credit value to get loans in case they face problems, and they use those loans to either start something else or put the money in their business to bring it back on the track.

It is infinitely harder for a rich person to become "poor" again (without numerous stupid and repeated bad decisions on the way down) than it is for a poor person to become that rich. If a billionaire loses a couple hundred million because of share price moves, they've still got more money than most people would ever spend in 100 lifetimes. People often struggle to comprehend how much money that really is and forget that such sums, when properly invested, are growing in volume by tens of millions per year without the owner lifting a finger. It is incredibly hard to even raise a million if you're on the minimum wage and would probably take your whole working lifetime to achieve.

So you mean the world is about to enter into a new economic cycle where Pareto principle and distribution won't exist anymore? That is to say 80% of the market won't be held anymore by 20% of the companies, the 20% biggest ones especially?  Historically, wealth tends to concentrate again over time actually, even after major economic resets, so the idea that the average businesses or individuals could gain access to the assets previously held by large corporations is a bit chimerical IMO. Wouldn't it only be a matter of time before new players emerge and just become the 'new rich' instead of the old ones and finally the 20% top ones as it used to be before, in the end?

What I know is that there are rich people who suffered because of the trials that went through their lives and eventually recovered and returned to being rich and even richer.
Because I have read proverbs that the rich will get richer and the poor will get poorer.

So that means there are poor people who worked hard in life and became rich, and when they got rich they got even richer. There are also people who suddenly became rich because they hit the jackpot in the lottery or in gambling, then in a short period of time because they were careless about their wealth won the lottery, then it became difficult again because they didn't become wise in handling wealth or money.

You already got a giant needle eye and the camel. So much for religion.

Say man. You piece it together.

Most rich people get more money during financial crises because they do use DCA method to buy more assets to add to the one they already have because they do always have spare money for such cases, while even if poor person will buy, he will be limited to the amount of money he have which will not be much, and when he uses all his money to buy, there will be no money for upkeep which will triggered them to sell to the rich again because the rich van hold for long till the market recover so that they can sell with huge amount of money.

People who successfully build a business from scratch and struggle for it will certainly not be poor again because they already have the best way to maintain their assets, it is all very different from those who are rich from inheritance or gifts.

Many super rich people say to continue living simply to maintain the stability of money coming in and out because on average rich people fall into poverty because of a lifestyle that is too glamorous, greedy and cheated (whether by business partners, partners or relatives).

OP, what you should know is that nobody who is thought to be rich or poor, that their financial status remains the same after having a mismanaged or addition of funds.

This is like when you remove a dollar or so from your account; if you don't put back the money spent, the thousand dollars you have is no longer the same. It has been reduced from the previous amount it was before. But if you add money instead, your money multiplies.

However, the same ideology goes for the rich and poor. If you can keep accumulating wealth, your financial status increases. If you keep removing and you are not replacing the money spent, your financial status keeps decreasing from 10-6-5 till it lands to zero.

I sincerely agree with you, poor people can actually become rich if they put in the hardword, those that became rich didn't just become rich due to laziness or where just lackadaisical about their poor status, they had to put in the hard work. As for being wealthy, I think It's easy to manage wealth if you are well educated and exposed and disciplined, because extravagant life due to the fact that you you think your wealthy will definitely get you bankrupt. so in maintaining wealth, you need to think outside the Box, especially investing on other sources of income, in doing so you will help to keep your financial status afloat, no matter the recession or other economic challenges that might come, you will still be in business.

It is true that many ideas must be thought of in developing a business, in all conditions it is necessary to adjust according to the circumstances, that is how to survive in a business that is built in economic uncertainty, yes it is difficult but poor people it may be even more difficult to survive in conditions like this even though there is hard work that they do.

It is not possible to loose money by rich people. Though if has any economic crisis they cleverly exit before making loss and even makes plan to invest when it is look like profitable for him. Also rich people not invest all his money on a good time and even or bad time. They will always have a plan on safe zone. I think all the risk is for poor people or investor who have no plan just put money on his business. If economic crisis goes he will lost all his everything. I hope rich people have many alternative option they have chance to put a percentage of his money on FDR i mean as interest. They always get money from this area as safely and also able to put this money on new business .So i think this circle never be end and rich people surely become richer and a low chance for poor people or investor to become rich. This is a very difficult financial world and very tough to survive who haven’t enough money or wealth.