(Original post by yudothis)
And none of the CEOs would ever get anything done if there weren't people on low wages doing everything else.
Cleaners and bin men "help" as you put it an absolute incredible number of people. Your entire premise and your logic is so wrong, it hurts.
Yeah, you're completely wrong there.
Hiring people happens after you succeed, not before. The CEOs wouldn't be able to hire low wage employees for menial jobs if they weren't already earning enough to pay them. The hiring generally isn't what makes an entrepreneur successful. Really hiring only affords you scale.
Cleaners and bin men don't help an incredible number of people. A single cleaner or a single bin man is very limited in how much they can do. Collectively cleaners and bin men do a lot. But one indivdiual? Not much. For example, we have cleaners at my student flat. I don't know how many are in the team, at least 5 from what I've seen. Collectively 5 people are helping 700 students once a fortnight. That's not an incredible amount of people.
I'll reiterate and simplify it since it didn't get through the first time. To get rich you either:
Help lots of people in return for small payments
Help a few people in return for high payments
Among other things of course, such as being better than the competition, being unique, being the first of something, etc.
Bin men and cleaners do not fit either. They are not helping lots of people, one bin man or cleaner might help at most a few hundred people. They are not providing high value because nobody will pay you £50,000 to clean. If it makes you feel better, replace "help" with "provide value to". Bin men do not provide £50,000 of value to each person and they do not provide £10 of value to millions. Hence why bin men are not rich. I really don't see why you would think bin men and cleaners help an incredible amount of people. Indivdiually they help an incredibly small amount of people.
That said it's pretty common for people to not understand this rather simple concept. It's part of why most people aren't rich. When you ask someone how to get more money, they most commonly think that they need to do something linear, like work more or get a better job. They think of increasing their own value so that someone else pays them more. They let one other individual (their boss) determine their worth instead of getting thousands of other people (customers) to determine their worth. It's also not uncommon to disagree because it goes against what society wants.