The issue of Poor Rich men in our society.

[WillyAp]

get some $2 shirts, slap your logo on it. sell them for $20
buy just 10 shirts($20) using disposable income that would have been wasted on fast food
try to turn the 10x $2 shirts into $200
try to turn the 100x $2 shirts into $2k
try to turn the 1,000x $2 shirts into $20k
try to turn the 10,000x $2 shirts into $200k

It only works if there would be no taxes. You can run a trial run clandestinely.
The plan for a short term, unfortunately we are animals who fall into the getting used to phase. You need an iron will to do that project.

Good thing is if you fail after turning the 1,000x $2 shirts into $20k,you know your mates drop by with a bottle to celebrate and you get into blowing 10k.
Than you see why you need to become more disciplined.  

[Achalugo BTC]

The challenges faced by some people now is how there wealth can be controlled or managed at last. Wealth is something that is never supposed to remain stagnant but moves with constant velocity so as to keep it moving. Some rich men and women ends up losing every single asset all because of mismanagement either from his side or that of his children, so  to avoid going back there should be proper management pattern which involves cutting down unnecessary expense and other useful methods which can perform the same functions.

That’s right, which is why it’s essential for one to start in training their children in a way they won’t regret later and also the same goes to their spouse, because they will also be of help in managing their finances very well just in case you weren’t around, they can be able to handle their business, which will help in growing the business.
But, before one can be able to teach others, they should be able to start within themselves, that is to say they also teach themselves on how they manage their finances and try to avoid unnecessary spending for the benefit or the growth of their business.

[BADecker]

get some $2 shirts, slap your logo on it. sell them for $20
buy just 10 shirts($20) using disposable income that would have been wasted on fast food
try to turn the 10x $2 shirts into $200
try to turn the 100x $2 shirts into $2k
try to turn the 1,000x $2 shirts into $20k
try to turn the 10,000x $2 shirts into $200k

It only works if there would be no taxes. You can run a trial run clandestinely.
The plan for a short term, unfortunately we are animals who fall into the getting used to phase. You need an iron will to do that project.

Good thing is if you fail after turning the 1,000x $2 shirts into $20k,you know your mates drop by with a bottle to celebrate and you get into blowing 10k.
Than you see why you need to become more disciplined.  

People recognize taxes. Taxes are protectionism. If the taxation people do what they are supposed to do - make the people strong - they won't over-tax. Then the people can do business in a good and successful way - maybe better with taxation rather than without it. Problems come when the revenuers overstep logic, and try to become rich through taxation. That's when everything starts to break down.

The next step is to lie to the people enough that the people are blinded to over-taxation.

In the US, the lie is that the banking system (which is the taxing system) has lied to the people that the taxes go to government. And the people believed the lie, hoping to become stronger.

Taxes really go to the banking system. The government gets its money by borrowing from the banking system. Nobody knows how much the banking system gets. But did you ever see a poor bank? Their buildings are always in the best of shape, even before they shut down.

This system is failing. The failure, when it is complete, will hurt everybody, but will 'kill' the banking system strong-arm people.

[Claudksg]

To my own knowledge on poor rich men in our society.entales on how did your wealth come about,time frame you became rich, mentality when you were poor and become rich.some wealths comes has opportunity to some poor men and they don't have the capacity sustaining the wealth.so there are properties every where,but with time when the source stops and they don't have that knowledge to sustain the properties or investment,they start selling to sustain till they go broke.

[Lolipo]

Your question ❓❓ is complicated to me, do you mean to say the problem poor and rich men have in our society? Please check if it's topographical error. It's an interesting topic if corrected please.

[Cgrexp]

In our modern society, the phrase "a poor rich man" is a powerful explanation for a very specific group among the wealthy. People who are rich and have so many assets but suffer from a poverty of financial acumen and strategic vision. This dynamic is a critical yet overlooked challenge faced by many affluent people, resulting not because they lack funds, but from a low level investment mentality that ultimately drains their capital. The primary problem of this "poor rich man" is wealthy stagnation. While they possess substantial wealth, their conservative and most times fearful approach to capital management prevents their money from performing its fundamental economic function which is growth.After a careful examination, I have gotten the observation that there are certainly, behavioral Roots of Financial Poverty. This behaviors are rooted in what can be called "scarcity mindset" despite the fact that they have abundance of resources. If you carefully take a good look at some wealthy people in our society, you'll see this scarcity mindset manifested in two different ways which can be;
1.The Fear of Loss: Having successfully generated and gathered a large sum, the most important agenda becomes capital preservation rather than capital appreciation. This often translates into an excessive aversion to market volatility and risk, leading them to choose safety over necessary growth. The fear of losing everything they've made over the years, pushes them to keep their wealth saved or stored which causes it to be rather stagnant than producing more wealth.
2. Lack of Financial Education: Many wealthy individuals are experts in the field that created their wealth (e.g. manufacturing, law, medicine) but are amateurs in wealth management. They delegate investment decisions entirely or, conversely, make impulsive, uneducated choices, lacking a disciplined, long-term strategic framework.
For the poor rich man, the high societal expectations associated with their status adds even more to their distress. They are expected to maintain an expensive lifestyle but their wealth is not generating the income necessary to sustain it without drawing down the principal. This leads to a gradual, self-inflicted decline, where a fear of financial loss ironically leads to its eventual realization.
Ultimately, the phrase underscores a critical lesson in financial stewardship: true wealth is not merely about the quantity of assets, but the quality of the strategy applied to manage and grow that capital. A large fortune without investment acumen is merely a large target for erosion.
For you to gather wealth and even gather more, you have to learn to invest.

Success is not determined by the amount of wealth but by how I manage that wealth. As you said, there are many rich people who have the skills to earn money but are inefficient in saving, investing and growing that money. In this case, even if they do not have money, their money is at risk because they are not able to grow their money or wealth and are not able to manage it properly. Fear of excessive loss and lack of financial education create such problems mentally and behaviorally. There are many who do not want to take risks after reaching the goal of wealth and wealth and only want to hold on to it later. Although such thinking is a self-preservation instinct, it causes stagnation in the world of economics. Again, if someone makes the wrong decision without having basic knowledge of investment or wealth management or relies on others to make decisions, their acquired wealth can be eroded. Wealth does not only depend on having a bank balance but also on how it is managed. If you want to be rich, you must also have financial awareness, financial education, and a risk-taking mentality.  It is not enough to just acquire wealth, but to maintain it and grow it, it is essential to have investment knowledge. We can only become truly wealthy when we can use our money properly and manage it safely for the future.

[knowngunman]

For you to gather wealth and even gather more, you have to learn to invest.

Not just learning how to invest but how to invest wisely. The problem most rich man have is venturing into a wrong investment that consume their money and sometimes make them run into bankruptcy. To invest is not always the big problem but maintaining the investment to become a successful one has always been the issue. Although, you're right that fear of lose is one of the reason why most rich people failed to invest but is that really the right way to preserve their wealth? It's absolutely not the right way. Investment is what keeps your money growing but it has to be the right investment.

[Johnlomape]

For you to gather wealth and even gather more, you have to learn to invest.

Not just learning how to invest but how to invest wisely. The problem most rich man have is venturing into a wrong investment that consume their money and sometimes make them run into bankruptcy. To invest is not always the big problem but maintaining the investment to become a successful one has always been the issue. Although, you're right that fear of lose is one of the reason why most rich people failed to invest but is that really the right way to preserve their wealth? It's absolutely not the right way. Investment is what keeps your money growing but it has to be the right investment.

The rich men would take their money and invest in businesses that will earn them money and sometimes business don't go the way it ought to go and that have been some investors predicament from the start. Most people that we see that look poor or that don't have money might have gone through different stages of riches and because of the mistakes of investing in the wrong settings, they lose money that should have make them richer. So many bad investments mistakes and the best decision we can take is to ensure to do necessary research before making an my investment.

[Achalugo BTC]

If someone made their wealth then I would say they are equipped with enough knowledge about everything related to finance and sometimes even preserving the wealth is a challenge because there are many rich parents who gave everything to their kids and they just wiped all their wealth that took generations to build.

However the ideal thing to do is also focus on the increasing the wealth or just buy the asset that appreciates over time such as gold and bitcoin.

Exactly, making money is not easy also to sustain the money is not also easy, that’s why people should equipped themselves very well in every part of life, to make money, to sustain it and to also to teach themselves to discipline themselves in order to help them avoid spending reckless or carelessly and should also pass it on to their children so that they can able be able to withheld their family legacy and not to wipe it out because of the lack of discipline and so on.

[El_Tammy]

get some $2 shirts, slap your logo on it. sell them for $20
buy just 10 shirts($20) using disposable income that would have been wasted on fast food
try to turn the 10x $2 shirts into $200
try to turn the 100x $2 shirts into $2k
try to turn the 1,000x $2 shirts into $20k
try to turn the 10,000x $2 shirts into $200k

It only works if there would be no taxes. You can run a trial run clandestinely.
The plan for a short term, unfortunately we are animals who fall into the getting used to phase. You need an iron will to do that project.

Good thing is if you fail after turning the 1,000x $2 shirts into $20k,you know your mates drop by with a bottle to celebrate and you get into blowing 10k.
Than you see why you need to become more disciplined.  

Thank God you carefully gave this analysis.... It's looking more as if they are begining to forget that there are even taxes which needs to be paid. Imagine you make something out of the little business you venture into and you are not disciplined enough, you'll discover that before you'll take a quick stroll to see a friend and come back, you've spent half the money. It's just life and that's why I came up the theory and called them Poor Rich Men lacking managerial ethics

[GoldBitcoin112]

Not at all, government can never provide for all our need
If government provides all our needs government will be poor ,the money he will use to do better projects will not longer be enough,human being has alots of load in our heads that's why they say,think of what you can do for the government not what the government can do for you.

We give government indirect tax ,but if government is giving us he will give us indirectly too,the reasons behind that secret so that the government will not run dry