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Drudge Retort: The Other Side of the News
Wednesday, August 07, 2024

A man who made himself homeless and broke on purpose to prove he could make $1 million in a year has called it quits after he says his health began to deteriorate quickly. A YouTube millionaire was forced to quit his social experiment designed to prove anyone could become rich fast after his health started seriously declining. Mike Black wanted to prove anyone could make $1 million (808,000) in just 12 months but fell short of his goal, quitting the project after 10 months having made just $64,000 (51,700) because "health and family come first". Mike cited his two autoimmune diseases which caused "chronic fatigue" and joint pain as the cause for him retiring from the project and bringing "to light" what truly matters, "health and gratitude."

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Mike, who described himself as an "entrepreneur", initially struggled to get himself off the streets once he gave up his house, car, and livelihood, as he was refused water and could not find a place to stay overnight. However, a man with a van then let him stay with him and he made his first $300 (242) by selling furniture online.

Mike explained he started the challenge to show people you could build an empire through the simple power of hard work. He said in a YouTube video: "I knew a lot of people who lost everything during the pandemic and they got really depressed. I even had a friend that lost a $10 million business overnight."

However, Mike later announced he stopped his challenge prematurely saying: "I have officially decided to end the project early. Now as much as it hurts me to do this, especially with just two months left, I feel like it's the right thing to do.

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So he found out what everyone else knows.

Pulling you up by your own bootstraps is a myth created by the 1% to call workers lazy.

#1 | Posted by Nixon at 2024-08-07 08:37 AM | Reply | Newsworthy 2

It's rooted in the Gospel of Wealth by Carnegie. Have you heard the Good News? Work hard and persevere and you will accumulate wealth.

Of course, by modern Republican standards, he would be some kind of raging communist, as you're supposed to live a modest life style and spend that wealth in the community to keep money circulating for the greater good, and estate taxes should be high to punish those that don't invest the wealth.

#2 | Posted by sitzkrieg at 2024-08-07 03:32 PM | Reply

It only proved he couldn't do it.

And it was a very lofty goal. It was a worthy attempt.

-Pulling you up by your own bootstraps is a myth

So, you're pretty lazy?

#3 | Posted by eberly at 2024-08-07 03:44 PM | Reply

You do know Horatio Alger is a myth, right?

#4 | Posted by LegallyYourDead at 2024-08-08 12:18 AM | Reply

A boss drove up into his parking spot and his employee was admiring his shiny high powered imported sports car.

The boss told him "I see you admiring my car. If you work hard long hours and go above and beyond in your job, next year I will be able to buy another one."

#5 | Posted by Nixon at 2024-08-08 12:31 PM | Reply

So he went from homeless to $64,000 in ten months. Impressive.

#6 | Posted by Idependant97 at 2024-08-08 01:49 PM | Reply

From the article:
___________

After some time he came up with a way to make some money. Mike explained: "'One of the best things to sell are tables. I started taking ads on Craigslist in the free section, putting it on Facebook Marketplace and selling it for a profit. I acted as the middleman, handling all the logistics between the buyer and the seller.'

After five days he earned enough cash from this to buy himself a computer. After two weeks he secured an office space, and then he started renting a place.

#7 | Posted by Idependant97 at 2024-08-08 01:53 PM | Reply

More
_________________
He said: "Look at where we're at right now. We're not making millions of dollars but look at this gonna be living potentially in a mansion rent-free. I'm getting on calls with big tech companies pitching them on running their social media. I'm starting a coffee brand I have a coffee dude in Austin now. 'I mean everything's going in the right direction. Three months ago I was homeless!''

Mike questioned the project on day 138 when he learned his father had colon cancer, eventually announcing: "Health and Family were much more important than the challenge so I decided to stop the whole project." With 60 days to go Mike said: "We should always remember to help those in need because it could be the opportunity that they need."

#8 | Posted by Idependant97 at 2024-08-08 01:54 PM | Reply

Sounds to me like he is showing a potential way for people to make some free lance income. And he succeeded. Not at making a million but showing how starting from nothing it's possible to make something. Perhaps this might actually help some homeless people. Pretty cool.

#9 | Posted by Idependant97 at 2024-08-08 01:58 PM | Reply

"I'm starting a coffee brand I have a coffee dude in Austin now. "

Don't we all have a "coffee dude"?
I mean for sure homeless people do.

#10 | Posted by LegallyYourDead at 2024-08-08 04:42 PM | Reply

#10 I was thinking more along the lines of how he acted as middle man selling stuff using Craigslist and Facebook marketplace, you silly willy. The part you referenced was after a few months, the coffee stuff wasn't how he got started.

So, focusing on the first few weeks... It is pretty cool and I for one think it's neat that he is showing how someone can start from scratch.

#11 | Posted by Idependant97 at 2024-08-08 05:00 PM | Reply

Why he did it
... he wanted 'to inspire anyone who is starting over and provide as much informational value that he can', armed with only a mobile phone and one pair of clothes.

He set quite a few ground rules too, explaining that he wouldn't be relying on his business connections or 'any of his resources' and that he was even cutting himself off from his loved ones for the duration of the social experiment.

As well as this, he ruled out starting another software development firm so that he didn't have an unfair advantage.

www.ladbible.com

#12 | Posted by Idependant97 at 2024-08-08 05:10 PM | Reply

"Pulling you up by your own bootstraps is a myth"

So, you're pretty lazy?
#3 | POSTED BY EBERLY

Have you tried it?

Pulling yourself up by your own bootstraps is physically impossible.

So you are admitting you don't understand basic physics?

#13 | Posted by donnerboy at 2024-08-08 05:18 PM | Reply

The point was, he literally went homeless... Living on the streets, no food etc.... And documented all the steps he took in order to help teach others.

The link I posted above is much better at explaining everything. Id think people would be happy that some rich dude is willing to walk the walk and learn what it's like to be homeless and document a way that is teachable to get out. He spent his first days sleeping on benches and no food... Then he started taking small steps that led to bigger ones. It's a great story.

#14 | Posted by Idependant97 at 2024-08-08 05:20 PM | Reply

This was the story in a pretty good old movie...

"The Amazing Adventure, 1936 w/ Cary Grant, Mary Bryan.

A bored millionaire wagers his doctor that he can support himself at a working class job for year without touching his inheritance.

www.imdb.com

www.youtube.com

#15 | Posted by Corky at 2024-08-08 05:28 PM | Reply

-Pulling yourself up by your own bootstraps is physically impossible.

I didn't invent the expression....but I agree it's silly.

But the concept of being a self-starter and working hard to accomplish something should be applauded.

It's really hard. But it's not a myth. Maybe that's what lazy people who have no respect for work ethic might say.

And successfully accomplishing what this guy set out to do doesn't prove anyone can do it. We all know better. But it's possible for more people than they realize.


#16 | Posted by eberly at 2024-08-08 05:32 PM | Reply

But it's possible for more people than they realize.

#16 | POSTED BY EBERLY

It's always been a stupid saying and only lazy people use it if you ask me.

Should we do the odds?

First you need to agree with that to be a millionaire you now need 3 million dollars.
Second you need to understand that:
28% are legacy wealth.
46% got a head start.
27% are self-made.

(According to the Motley fool: www.fool.com )

So 27% are self made. Now consider how many humans (there are 8 billion on earth) have to work their fingers to the bone their entire lives. Working very hard just to survive. Much less build wealth.

Now figure your odds of being one of the "hard workers" that become a millionaire. . It's not always about "working hard" my friend.

#17 | Posted by donnerboy at 2024-08-08 05:46 PM | Reply | Newsworthy 1

What becomes problematic is the traditional 'conservative' presumption that everyone already has boots to pull up, and that those boots are all pretty much the same.

Which isn't at all the case.

Kinda like when Reagan presumed for his near-Cult movie goer voters that Welfare was all about Black Women Who Drive Cadillacs.

It wasn't. Most of the women were white with children. Not that facts ever matter to B movie stars and failed reality tv hosts.

Do ya'll know the story about how Trump was trying to get a raise when he pulled the Run for Pres scam?

All a big accident.

#18 | Posted by Corky at 2024-08-08 05:50 PM | Reply

" It's not always about "working hard" my friend."

I seem to remember a saying: "If hard work always correlated to wealth, the richest people in the world would be sub-Saharan African women."

#19 | Posted by Danforth at 2024-08-08 05:50 PM | Reply | Newsworthy 2

#17 ^^

is Definitely NW!

#20 | Posted by Corky at 2024-08-08 05:52 PM | Reply

-27% are self-made.

That's a lot of millionaires.

-It's not always about "working hard" my friend.

agreed

#21 | Posted by eberly at 2024-08-08 05:55 PM | Reply

And still, the cool thing is this person gave up everything in order to document some steps that people down on their luck can take...maybe not to make a million, but to at least make a lot more than they were making.

During his journey his dad got stage 4 cancer and he himself developed health problems, His dad wanted him to continue because it was already helping people. He only quit, after ten months, because his health was taking too much of a toll.

Yet he managed to successfully show some ways to start making money to some people who might not otherwise have thought of his ideas. Not making a million but he made $65k...

Link to better version of the story:
www.ladbible.com

#22 | Posted by Idependant97 at 2024-08-08 05:58 PM | Reply

I'll have $3 million someday.........once I get my inheritance...:-)

#23 | Posted by eberly at 2024-08-08 05:59 PM | Reply

A lot of what's come to light for me is what truly matters, health and gratitude," he said, after confessing he had been 'neglecting [his pain] because of the project'.

Ultimately, Mike made a total of $65K (52K), which is still an incredible feat in such a short space of time while also dealing with a slew of personal issues - so, hat's off to him.

The main thing is... even if he didn't hit a million, he still proved his point.

"We should always remember to HELP THOSE IN NEED because it could be the opportunity that they need," Mike added.

#24 | Posted by Idependant97 at 2024-08-08 06:04 PM | Reply

I'm impressed he walked the walk.

#25 | Posted by Tor at 2024-08-08 06:04 PM | Reply

22

don't bother. The concepts of working to succeed, bettering yourself, and being a self starter are difficult for some to understand.

It forces them to shed their liberal values for just a moment and they must think they are betraying them.

Can't have it.

Better to deflect to corporate greed, ronald reagan, and inheritances and god knows what other gibberish to assign absurd positions you see no evidence of.

I don't see anybody trying to argue not being wealthy = lazy.

Then he started taking small steps that led to bigger ones. It's a great story.

I couldn't agree more. The trouble is you're trying to sell it in the wrong place

#26 | Posted by eberly at 2024-08-08 06:08 PM | Reply

#25 Perhaps if people were celebrated who did such this, it might encourage more to do do.

BTW, it seems his efforts have been affecting others... Including one who stopped contemplating suicide.

#27 | Posted by Idependant97 at 2024-08-08 06:10 PM | Reply

-27% are self-made.

That's a lot of millionaires

...

27% of the millionaires are self made.

The United States is home to by far the largest contingent of dollar millionaires: 22 million in 2023, representing 6.6 percent of the country's population.

So 27% of 22 miilion is the number you are looking for. Or 5,940,000

www.statista.com

#28 | Posted by donnerboy at 2024-08-08 06:18 PM | Reply

It's a great story.
#14 | Posted by Idependant97

It's an insincere story, IMO.

"Mike explained he started the challenge to show people you could build an empire through the simple power of hard work."

And he failed to accomplish that, not just the goal of $1 million. He was forced to rely on the extensive network that he developed before becoming homeless, which ultimately led him to build a "net worth" of $64,000. Although he initially distanced himself from his network, he ended up selling coffee to friends and former colleagues, indicating that connections played a significant role in his journey and mitigates the idea that all it takes is hard work to build an empire.

He also relied on some random NPC who gave him a "van" to sleep in, which got him off the streets. IMO, the likelihood that this method of "pulling yourself up by the bootstraps" as being effective is insignificant for most people.

#29 | Posted by rstybeach11 at 2024-08-08 06:46 PM | Reply

I seem to remember a saying: "If hard work always correlated to wealth, the richest people in the world would be sub-Saharan African women."

I read someone who interviewed people under 40 that were CEO's and the common habits they had:

1. In bed by 10 pm
2. Up by 5 am
3. Work out mind and body before the workday starts
4. Parents owned the company

#30 | Posted by Nixon at 2024-08-09 08:47 AM | Reply | Newsworthy 1

Although he initially distanced himself from his network, he ended up selling coffee to friends and former colleagues, indicating that connections played a significant role in his journey and mitigates the idea that all it takes is hard work to build an empire.

The names Gates, Bezos, Musk, Romney etc are tossed around like royalty of being "self made" when in fact they relied extensively on their parents connections in the business world and the resources of being very upper middle class families to fund their start ups.

#31 | Posted by Nixon at 2024-08-09 08:50 AM | Reply

29

See what I mean? You can't sell optimism to a heard of eeyores.

#32 | Posted by eberly at 2024-08-09 08:57 AM | Reply

"He was forced to rely on the extensive network that he developed before becoming homeless, which ultimately led him to build a "net worth" of $64,000."

Let's do the math, shall we?

He had 10 months to get to $1 million. Divide that by 12, and that's $83,300 a month.

He not only didn't make it, he didn't make it 1/13th of the goal. And that was WITH using connections.

He could've saved a lot of time and energy, just by reading Nickled and Dimed to Death.

#33 | Posted by Danforth at 2024-08-09 04:38 PM | Reply

I read someone who interviewed people under 40 that were CEO's and the common habits they had:

1. In bed by 10 pm
2. Up by 5 am
3. Work out mind and body before the workday starts
4. Parents owned the company
#30 | POSTED BY NIXON

Number 4 is the key. Most riches come from inherited wealth not hard work.

#34 | Posted by a_monson at 2024-08-09 07:53 PM | Reply

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