Author Topic: Where have the dumbest/laziest people made the most money?  (Read 5310 times)

Gregmal

  • Sr. Member
  • ****
  • Posts: 477
Re: Where have the dumbest/laziest people made the most money?
« Reply #10 on: June 23, 2018, 12:07:20 PM »
I think the most people who fall into the category or dumb/lazy have been able to make good money in landscaping/construction/housing related gigs. Many of the lazy, comfortable silver spoon raised kids I knew who didn't want to get real jobs ended up doing variations of these things. Air duct cleaners, exterminators, landscaping specialists, mold/water damage remediation "specialists", general contractors, all more or less charge obscene prices for services that are neither hard, nor expensive. An exterminator is basically a guy with a GED and a generic $35 spray tank filled with $15 solution you can get at Home Depot. He charges $250... A power washing company charges you $400 for a guy with an IQ of 80 to hook up a $250 machine to your water supply and point it at your house. Gutter cleaners, driveway refinishing, tree removal... I guess this is why housing is so important to the economic ecosystem.


augustabound

  • Lifetime Member
  • Hero Member
  • *****
  • Posts: 937
Re: Where have the dumbest/laziest people made the most money?
« Reply #11 on: June 23, 2018, 02:45:56 PM »
Many of the lazy, comfortable silver spoon raised kids I knew who didn't want to get real jobs ended up doing variations of these things. Air duct cleaners, exterminators, landscaping specialists, mold/water damage remediation "specialists", general contractors, all more or less charge obscene prices for services that are neither hard, nor expensive.

If you think general contracting isn't hard then you've never done it. I spent years building up the skills in all aspects of the home to the point where I started building custom homes. It is hard.

Don't compare a general contractor to a duct cleaner or exterminator.

"Serenity now, insanity later." - Lloyd Braun

rb

  • Hero Member
  • *****
  • Posts: 2381
Re: Where have the dumbest/laziest people made the most money?
« Reply #12 on: June 23, 2018, 03:38:57 PM »
Many of the lazy, comfortable silver spoon raised kids I knew who didn't want to get real jobs ended up doing variations of these things. Air duct cleaners, exterminators, landscaping specialists, mold/water damage remediation "specialists", general contractors, all more or less charge obscene prices for services that are neither hard, nor expensive.

If you think general contracting isn't hard then you've never done it. I spent years building up the skills in all aspects of the home to the point where I started building custom homes. It is hard.

Don't compare a general contractor to a duct cleaner or exterminator.
Also how are those not "real jobs"?

I called an exterminator to take out a hornet's nest on my property. Charged me $80. I paid him gladly. Either those are not real jobs or we don't have capitalism. In our societies set prices. If they're able to charge a high price is because the market determined that. Everyone is free not to hire them and take care of their own crap.

Gregmal

  • Sr. Member
  • ****
  • Posts: 477
Re: Where have the dumbest/laziest people made the most money?
« Reply #13 on: June 23, 2018, 04:39:27 PM »
Many of the lazy, comfortable silver spoon raised kids I knew who didn't want to get real jobs ended up doing variations of these things. Air duct cleaners, exterminators, landscaping specialists, mold/water damage remediation "specialists", general contractors, all more or less charge obscene prices for services that are neither hard, nor expensive.

If you think general contracting isn't hard then you've never done it. I spent years building up the skills in all aspects of the home to the point where I started building custom homes. It is hard.

Don't compare a general contractor to a duct cleaner or exterminator.

Certain types of GC's operate like this. Homeowner calls about a new front door and a new deck. GC calls a specialist who does doors and windows, and a carpenter for the deck, and gets quotes, marks them up 30%, and gives invoice. Far different than the guy who spent 5 years in trade school and builds the door and deck himself.

These types of businesses IMO are easily where one without any qualifications or skill set could focus on and make a decent wage. I know a few tree removal guys. They work two days a week to make the $1200 they need too get by and then coast the rest of the time, turning down jobs so they can paddle board or go hiking.
« Last Edit: June 23, 2018, 04:44:24 PM by Gregmal »

augustabound

  • Lifetime Member
  • Hero Member
  • *****
  • Posts: 937
Re: Where have the dumbest/laziest people made the most money?
« Reply #14 on: June 23, 2018, 04:50:15 PM »
The 30% is compensation for his time and his contacts within the trades. He takes responsibility for scheduling and paying those trades. He will also get a better price than a homeowner calling a window company and a deck company individually because he has a relationship with them. A GC will also have more jobs down the line. Once a homeowner has a deck or windows they'll never call those companies again.

A legitimate contractor (and maybe that's your point) builds relationships with other trades getting better pricing and scheduling.  The GC would most likely get preferential scheduling for those jobs. A homeowner would have to wait longer for work to be done and when those trade come to the site when the GC says he needs them. A homeowner gets the trades when they say they're ready to show up.

And this I know from experience, having a GC will get your warranty work done. A homeowner usually gets the shaft if something goes wrong down the line whether it was a manufacturing defect or installation mistake. 

But again, these are legitimate contractors not some fly by night guy who takes your money and hires minimum wage labourers to do the work and once they have your money they're never seen again......
"Serenity now, insanity later." - Lloyd Braun

LC

  • Hero Member
  • *****
  • Posts: 2359
Re: Where have the dumbest/laziest people made the most money?
« Reply #15 on: June 23, 2018, 10:09:26 PM »
middle management.
"Lethargy bordering on sloth remains the cornerstone of our investment style."
----------------------------------------------------------------------------------------
brk.b | cash

John Hjorth

  • Hero Member
  • *****
  • Posts: 1691
Re: Where have the dumbest/laziest people made the most money?
« Reply #16 on: June 24, 2018, 03:56:17 AM »
... These types of businesses IMO are easily where one without any qualifications or skill set could focus on and make a decent wage. I know a few tree removal guys. They work two days a week to make the $1200 they need too get by and then coast the rest of the time, turning down jobs so they can paddle board or go hiking.

Greg, it reads to me like a business opportunity for you! [ : - ) ]
”In the race of excellence … there is no finish line.”
-HH Sheikh Mohammed Bin Rashid Al Maktoum, Vice President and Prime Minister of the United Arab Emirates and Ruler of Dubai

Sharad

  • Full Member
  • ***
  • Posts: 120
    • Blogging About Money
Re: Where have the dumbest/laziest people made the most money?
« Reply #17 on: June 25, 2018, 04:01:19 PM »
1. Winners of frivolous lawsuits;
2. Winners of lotteries/slot machine jackpots;
3. People who married rich.
"If we are not able to ask skeptical questions, to interrogate those who tell us that something is true, to be skeptical of those in authority, then we are up for grabs for the next charlatan - political or religious - who comes ambling along."
- Carl Sagan

DTEJD1997

  • Hero Member
  • *****
  • Posts: 1330
Re: Where have the dumbest/laziest people made the most money?
« Reply #18 on: June 25, 2018, 08:01:40 PM »
I am surprised nobody has mentioned the "education class".

Get two teachers/administrators together (married) in their early 30's making bank...with summers off, full pension, full health care...

Fast forward 10 years into their 40's...these guys are each making $100k+

OR what about tenured professors?  Some of them that I had the experience of interacting with were SHOCKINGLY lazy.  Teach 2 classes a semester...have almost no office hours...can't grade final exams on time...making $150k+ a year and almost can't be fired.

Some of the wealthiest/laziest/stupidest people I know are from the education class...

bizaro86

  • Hero Member
  • *****
  • Posts: 658
Re: Where have the dumbest/laziest people made the most money?
« Reply #19 on: June 25, 2018, 08:01:49 PM »
3. People who married rich.

I have not done this personally, but it does not seem like the easiest way to get rich to me.

Quote
OR what about tenured professors?  Some of them that I had the experience of interacting with were SHOCKINGLY lazy.  Teach 2 classes a semester...have almost no office hours...can't grade final exams on time...making $150k+ a year and almost can't be fired.

This yes. Raise research dollars, spend them on junkets attending conferences in exotic locations. Work 10 hours a week.
« Last Edit: June 25, 2018, 08:10:15 PM by bizaro86 »