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Dropping a million bucks on a theater in a beach community that will show classic movies…is a waste of money.
Ignoring that the theater already went out of business once. Beach Vacationers don’t see movies at the beach unless there are prolonged periods of bad weather.
It would have made more sense to buy a couple of condos and hen rent them to the vacationers.
"How did I make my first million dollars? I started a business selling all of my parents' expensive artwork. Now I'm going to teach you how you can start your own million-dollar business, just like I did!"
Her parents bought it for $1,000,000.
Any time I see one of these fauxspirational stories about young people pursuing their dreams or working hard on a fantastic enterprise I always try to find out how they're able to afford, say, buying and renoing a theater at the age of 26 when the rest of us are scraping by. So far it's always been rich parents.
Don't get me wrong, I'd love for all of us to have rich parents willing to bankroll our passions and allow us some freedom sans-struggle, but that's just not what people are going through.
I hate how detached these stories are from most people and it just serves as fodder for not feeling good enough or successful by 30.
CNBC is notorious for that type of shit. I check the website occasionally to check the stock markets and there will usually be at least one headline along the lines of “This 30 year old makes over $300,000 a year” or “This person makes 3k a week off of 3 hours of work”. When you read it, they usually have a very high paying job in their 20s and just go into business for themselves or rich parents.
anytime a young person is doing anything except barely subsisting, the answer is usually rich parents
I remember watching a documentary show on “Tiny Living,” people buying tiny homes and figuring out how to live smaller and keep housing budget down.
Was fascinating, and my wife and I were considering it as a housing option prior to the pandemic. Turned out in every case, their parents either financed the project (and assisted in the build) or owned the land it was parked on, and they were hooking into parents’ utilities (which was my main question, how were they getting power and water?).
I was disenfranchised, to say the least. In most cases even with parental help it cost barely less than actual home ownership. Most of them were planning to live there temporarily and then AirBnB it. 🙄
Right??? My very first thought at that headline was "Aw daddy bought her a theater"
Hockman’s parents financed its acquisition, but in every sense Hannah led the charge in the theater’s redevelopment.
Im not trying to diminish her accomplishments, but this does feel like it cheapens things quite a bit.