No, most nepo babies are really that out of touch with reality. Remember "if you're homeless just buy a house".

I hope this post is. My cousin made a similar post on social media about owning a house. He was ranting that the current generation was lazy and didn't know how to budget. Everyone should easily be able to buy a house. The house he owned was bought with the money he made by selling his first house which was inherited. Some people are really just that dumb.

While this is most likely rage bait this isn't far from human self perception.

There were multiple studies on this with similar setups. Eg they'd have students play monopoly and give one of them significantly more cash to start with. Not secretly either. One would think this student would understand that this is an insane advantage but the study found that most of the participants believed that they won by playing well.

So even with the most obvious advantage humans will think that it was their own merit that lead to their success.

I remember seeing this post somewhere else and somebody there had said it was satire.

The reason they don't admit that they got a head start is that they actually don't believe it.

The daughter of a family friend of mine grew up middle class. Her mom was a social worker, her did had an office job. She managed to marry a man who's the son that's inheriting his dad's oil business, worth tens of millions. She is now a housewife / stay at home mom. She now has a city home, a cottage (which is fully a house, just in a more rural location) and a summer home. One of her daughters competes in sailing races (and anybody who knows sailing knows just how expensive that hobby can be), the other is into horse riding.

I've asked her what it's like for her kids to grow up rich, and she doesn't get it. She doesn't think she's rich. She says that there are houses around where she lives that are even bigger than hers, and that her husband works hard. I'm sure that's true, but she's still in the top 0.1%. And this is someone who grew up middle class, and should remember what it was like.

I guarantee that most of the kids that come from rich families have no idea what it's like not to be rich. As a result, they don't ever consider that it might not be normal to be able to have your dad's lawyer look over the contracts for your new company free of charge. They never think of how easy they had it to find investors for their company, and how forgiving those investors were. It never occurred to them that during those lean months at the beginning when their company hadn't yet started generating real revenue, that it was unusual to be able to live in their parents' spare apartment in the city, and to have dad pay off their credit card.

My family ran a business...into the ground, because my father could not sit still, and went off to do whatever work.

Claims he is perfectly healthy, is outraged when I mention ADHD.

Honestly you don’t need your family to be rich. A family well-off enough to give you:

• Good financial education
• Doesn’t kick you out at 18 or require rent
• Pays your tuition (maybe not in the US)
• Supporting in your endeavors
• Family loans (not having to pay interest is massive)

Makes a HUGE difference.

Marlene Engelhorn was one of the brave ones who could say no to the pressure and broke the abusive generational cycle of being rich.

It's satire. It's a bunch of typical LinkedIn nonsense (run every morning, read, do yoga, etc) then the bait and switch at the end is that their dad just gave them a multi-six-figure position at an investment firm he runs.

Not sure why they blacked out so much of the post, the original is funny enough.

Here's the original

I became Senior VP at a multi-million dollar company at age 26. My salary was $600k. This was in 2018.

How did I do it?

It wasn’t hustle culture. No 5:30am wakeups, cold showers, or productivity hacks.

What got me there was a relentless focus on impact. Every project I touched, every deck I built, every presentation I gave MOVED THE NEEDLE.

Always, I asked myself: what is the single most valuable contribution I can make to the company right now? And I did that. If people disagreed, I convinced them otherwise.

I kept this up for three years before the CEO (my dad) finally recognized my results and promoted me to SVP.

There are no gimmicks. There are no shortcuts.

Hey there are no shortcuts buddy.

yes. Every now and then a boss o' mine will make me post to LinkedIn about the company I'm currently working for - so I will write a David Foster Wallace style essay (previous ones include comparing business process automation platforms to different fictional orcs, or what my old mad Scottish housemate making pasta taught me about b2b sales...) until they stop asking.

A few steps to success.

• work hard every day
• skip the avocado toast
• take a small loan of 3 million dollars from your parents
• sell your company before it is nothing worth anymore if you fucked up.

Yeah this reads like a joke post to me, mostly because of the "(my dad)" bit where he'd be hiding that fact if he was being serious.

Nepo baby’s: There is no spoon