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Thoughts on YouTuber MrBeast?

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<div class="bbWrapper">yeah um...<br /> <br /> I don&#039;t think Mr. Beast is going to cause inflation<br /> <br /> <img src="/community/imgs/emoticons/em-rofl.png" class="smilie" loading="lazy" alt=":rofl:" title="ROFL :rofl:" data-shortname=":rofl:" /></div>
 
<div class="bbWrapper">Cialdini wrote in his 40 years old book that when you give something for free, people will be willing to reciprocate and pay you back in some way. This is an evolutionary acquired <s>behavior </s>response.<br /> <br /> Nothing surprising. That&#039;s what gurus do with free e-books. What changes is the currency and the scale.</div>
 
<div class="bbWrapper">A lot of these youtubers are trust fund kids, that&#039;s how they get the $$$ to give away everyday.</div>
 
<div class="bbWrapper"><blockquote data-attributes="member: 50816" data-quote="Xeon" data-source="post: 924110" class="bbCodeBlock bbCodeBlock--expandable bbCodeBlock--quote js-expandWatch"> <div class="bbCodeBlock-title"> <a href="/community/goto/post?id=924110" class="bbCodeBlock-sourceJump" rel="nofollow" data-xf-click="attribution" data-content-selector="#post-924110">Xeon said:</a> </div> <div class="bbCodeBlock-content"> <div class="bbCodeBlock-expandContent js-expandContent "> A lot of these youtubers are trust fund kids, that&#039;s how they get the $$$ to give away everyday. </div> <div class="bbCodeBlock-expandLink js-expandLink"><a role="button" tabindex="0">Click to expand...</a></div> </div> </blockquote>Except Mr. Beast. He started off doing endurance challenges videos and closed a sponsorship deal with Honey after gaining traction and then began donating their money to streamers in exchange for some pretty powerful advertising. <br /> <br /> He also has Crohn&#039;s disease, which either makes or breaks a person.</div>
 
<div class="bbWrapper">&quot;I just think this goes against the capitalist spirit. People work their asses off to make this world a better place, while a significant number of other individuals are now getting rewarded obscene amounts of money for contributing a b s o l u t e l y nothing. Isn’t that kind of socialism?&quot;<br /> <br /> I agree which is why although I spend a lot of time on youtube I&#039;ve never watched one of his videos I find the idea distasteful.</div>
 
<div class="bbWrapper">AFAIK Mr Beast tweeted that he&#039;s always going to keep giving things away and reinvesting into his content. He said he&#039;s in it to reach as many people as possible.<br /> <br /> If people start to get tired of the money giveaway videos, he&#039;ll have plenty of ad and sponsorship revenue to invest in a new type of video. Then again, maybe it&#039;s the teenage/adult version of YouTube kids, where most of the videos follow the same template just because it gets clicks from 4 year old children. Like people can&#039;t resist clicking just because it&#039;s so shocking and exorbitant and everyone likes money.<br /> <br /> People watch thousands of episodes of who wants to be a millionaire and other quiz and game shows. Mr Beasts videos are less than half the time committment of those, and arguable more binge-worthy</div>
 
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<div class="bbWrapper"><blockquote data-attributes="member: 64035" data-quote="mercenariez" data-source="post: 810429" class="bbCodeBlock bbCodeBlock--expandable bbCodeBlock--quote js-expandWatch"> <div class="bbCodeBlock-title"> <a href="/community/goto/post?id=810429" class="bbCodeBlock-sourceJump" rel="nofollow" data-xf-click="attribution" data-content-selector="#post-810429">mercenariez said:</a> </div> <div class="bbCodeBlock-content"> <div class="bbCodeBlock-expandContent js-expandContent "> I just think this goes against the capitalist spirit. People work their asses off to make this world a better place, while a significant number of other individuals are now getting rewarded obscene amounts of money for contributing a b s o l u t e l y nothing. Isn’t that kind of socialism? </div> <div class="bbCodeBlock-expandLink js-expandLink"><a role="button" tabindex="0">Click to expand...</a></div> </div> </blockquote>Capitalism is having the freedom to act.<br /> <br /> I agree that what a lot of modern celebrities do is worthless - they&#039;re not advancing science, creating great art, writing great music, writing great novels... but what they do is being valued by enough people that they can trade that value for money.<br /> <br /> So we&#039;re not seeing socialism, we&#039;re in a situation where people value nothingness over achievement.</div>
 
<div class="bbWrapper">I see Mr. Beast has made it into Walmart with some plant-based/gluten-free cookies, I did buy some to try. I&#039;m guessing this is a licensing deal of some sort, because if it was in true Mr. Beast fashion, wouldn&#039;t the cookies be free? <img src="/community/imgs/emoticons/em-wink.png" class="smilie" loading="lazy" alt=";)" title="Wink ;)" data-shortname=";)" /><br /> <br /> My wife was like, &quot;who&#039;s Mr. Beast?&quot; -- the best explanation I could give was &quot;He&#039;s the Oprah of YouTube when she was giving away free shit.&quot;<br /> <br /> <a href="https://www.thefastlaneforum.com/community/attachments/img_2558-webp.45188/" target="_blank"><img src="https://www.thefastlaneforum.com/community/data/attachments/41/41805-dbba73139192c7af53fe73c65f00fae2.jpg?hash=Nm-tTLQMRz" class="bbImage " style="" alt="IMG_2558.JPG" title="IMG_2558.JPG" width="200" height="267" loading="lazy" /></a></div>
 
<div class="bbWrapper"><blockquote data-attributes="member: 1" data-quote="MJ DeMarco" data-source="post: 1023944" class="bbCodeBlock bbCodeBlock--expandable bbCodeBlock--quote js-expandWatch"> <div class="bbCodeBlock-title"> <a href="/community/goto/post?id=1023944" class="bbCodeBlock-sourceJump" rel="nofollow" data-xf-click="attribution" data-content-selector="#post-1023944">MJ DeMarco said:</a> </div> <div class="bbCodeBlock-content"> <div class="bbCodeBlock-expandContent js-expandContent "> I see Mr. Beast has made it into Walmart with some plant-based/gluten-free cookies, I did buy some to try. I&#039;m guessing this is a licensing deal of some sort, because if it was in true Mr. Beast fashion, wouldn&#039;t the cookies be free? <img src="/community/imgs/emoticons/em-wink.png" class="smilie" loading="lazy" alt=";)" title="Wink ;)" data-shortname=";)" /><br /> <br /> My wife was like, &quot;who&#039;s Mr. Beast?&quot; -- the best explanation I could give was &quot;He&#039;s the Oprah of YouTube when she was giving away free shit.&quot;<br /> <br /> <a href="https://www.thefastlaneforum.com/community/attachments/45188/" target="_blank">View attachment 45188</a> </div> <div class="bbCodeBlock-expandLink js-expandLink"><a role="button" tabindex="0">Click to expand...</a></div> </div> </blockquote>Great to see him doing well, and expanding beyond the YOUTUBE platform. He&#039;s an example of a perfect fastlaner.<br /> <br /> His episode with JR was one of the better ones I&#039;ve heard, and there are many lessons for EVERYONE on here to come away from after listening to him.<br /> <br /> <a href="https://www.thefastlaneforum.com/community/threads/the-one-podcast-episode-everyone-needs-to-listen-to-get-their-mindset-right.103891/" class="link link--internal">I did a write up on it here </a>- and to this day I still stand that some of the mindsets, principles and actions taken by him are what ENTREPRENEURIAL / FASTLANE success is all about.<br /> <br /> You don&#039;t need to go fully 100X out like he does, but <a href="https://www.thefastlaneforum.com/community/members/105183/" class="username" data-xf-init="member-tooltip" data-user-id="105183" data-username="@NeoDialectic">@NeoDialectic</a> and I embodied majority of his mindset and action taking <a href="https://www.thefastlaneforum.com/community/threads/fastlane-success-8-figure-exit-now-back-to-the-starting-ground.103705/" class="link link--internal">on our road to an 8 figure business. </a>We both were chuckling while listening to MR BEAST speak, it&#039;s as if he&#039;s been in the same room with us for decades, but just devoted more time and effort to his particular craft.</div>
 
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<div class="bbWrapper"><blockquote data-attributes="member: 1" data-quote="MJ DeMarco" data-source="post: 1023944" class="bbCodeBlock bbCodeBlock--expandable bbCodeBlock--quote js-expandWatch"> <div class="bbCodeBlock-title"> <a href="/community/goto/post?id=1023944" class="bbCodeBlock-sourceJump" rel="nofollow" data-xf-click="attribution" data-content-selector="#post-1023944">MJ DeMarco said:</a> </div> <div class="bbCodeBlock-content"> <div class="bbCodeBlock-expandContent js-expandContent "> I see Mr. Beast has made it into Walmart with some plant-based/gluten-free cookies, I did buy some to try. I&#039;m guessing this is a licensing deal of some sort, because if it was in true Mr. Beast fashion, wouldn&#039;t the cookies be free? <img src="/community/imgs/emoticons/em-wink.png" class="smilie" loading="lazy" alt=";)" title="Wink ;)" data-shortname=";)" /><br /> <br /> My wife was like, &quot;who&#039;s Mr. Beast?&quot; -- the best explanation I could give was &quot;He&#039;s the Oprah of YouTube when she was giving away free shit.&quot;<br /> <br /> <a href="https://www.thefastlaneforum.com/community/attachments/45188/" target="_blank">View attachment 45188</a> </div> <div class="bbCodeBlock-expandLink js-expandLink"><a role="button" tabindex="0">Click to expand...</a></div> </div> </blockquote><br /> The wife didn&#039;t like the cookies, but I thought they were very good! I&#039;d definitely buy again, make for a good junk food snack.</div>
 
<div class="bbWrapper">Not to always be plugging the My First Million podcast here but his episode with them was really cool. Spoke about how much he spends per video and how he runs all his businesses and how he works etc.</div>
 
<div class="bbWrapper"><div class="bbOembed bbMediaJustifier" data-media-site-id="twitter" data-media-key="1585657069520261121" data-xf-init="oembed" data-provider="twitter" data-id="1585657069520261121"> <a href="https://twitter.com/x/status/1585657069520261121" rel="external" target="_blank"><i class="fa--xf fab fa-twitter fa-twitter-square "><svg xmlns="http://www.w3.org/2000/svg" role="img" aria-hidden="true" ><use href="/community/data/local/icons/brands.svg?v=1751816858#twitter"></use></svg></i> https://twitter.com/x/status/1585657069520261121</a> </div><i><span style="font-size: 10px"><a href="https://twitter.com/FortuneMagazine/status/1585657069520261121?s=20&amp;t=1eE0Frvr0ITjeeZaSs2IGQ" target="_blank" class="link link--external" rel="noopener">View: https://twitter.com/FortuneMagazine/status/1585657069520261121?s=20&amp;t=1eE0Frvr0ITjeeZaSs2IGQ</a></span></i><br /></div>
 
<div class="bbWrapper"><blockquote data-attributes="member: 1" data-quote="MJ DeMarco" data-source="post: 1029551" class="bbCodeBlock bbCodeBlock--expandable bbCodeBlock--quote js-expandWatch"> <div class="bbCodeBlock-title"> <a href="/community/goto/post?id=1029551" class="bbCodeBlock-sourceJump" rel="nofollow" data-xf-click="attribution" data-content-selector="#post-1029551">MJ DeMarco said:</a> </div> <div class="bbCodeBlock-content"> <div class="bbCodeBlock-expandContent js-expandContent "> <div class="bbOembed bbMediaJustifier" data-media-site-id="twitter" data-media-key="1585657069520261121" data-xf-init="oembed" data-provider="twitter" data-id="1585657069520261121"> <a href="https://twitter.com/x/status/1585657069520261121" rel="external" target="_blank"><i class="fa--xf fab fa-twitter fa-twitter-square "><svg xmlns="http://www.w3.org/2000/svg" role="img" aria-hidden="true" ><use href="/community/data/local/icons/brands.svg?v=1751816858#twitter"></use></svg></i> https://twitter.com/x/status/1585657069520261121</a> </div><i><span style="font-size: 10px"><a href="https://twitter.com/FortuneMagazine/status/1585657069520261121?s=20&amp;t=1eE0Frvr0ITjeeZaSs2IGQ" target="_blank" class="link link--external" rel="nofollow ugc noopener">View: https://twitter.com/FortuneMagazine/status/1585657069520261121?s=20&amp;t=1eE0Frvr0ITjeeZaSs2IGQ</a></span></i> </div> <div class="bbCodeBlock-expandLink js-expandLink"><a role="button" tabindex="0">Click to expand...</a></div> </div> </blockquote><br /> <br /> Don&#039;t see how he&#039;s worth $1.5b.</div>
 
<div class="bbWrapper"><div class="bbCodeBlock bbCodeBlock--unfurl is-pending is-recrawl js-unfurl fauxBlockLink" data-unfurl="true" data-result-id="402347" data-url="https://www.chartr.co/stories/2023-04-16-1-mr-beast-has-built-a-media-empire" data-host="www.chartr.co" data-pending="true"> <div class="contentRow"> <div class="contentRow-figure contentRow-figure--fixedSmall js-unfurl-figure"> <img src="/community/proxy.php?image=https%3A%2F%2Fsherwoodnews.imgix.net%2Fmwphzyq69oso%2Fen-US%2Fassets%2Ffiles%2Fmaster%2Fchartr%2F2023-04-16-1-mr-beast-has-built-a-media-empire-da2f43bc-dbd9-4a27-8b91-132e4ce85b88.jpeg%3Fauto%3Dcompress%252Cformat%26cs%3Dsrgb&amp;hash=e8b692f6510344334e5e922ba350656d&amp;return_error=1" loading="lazy" alt="www.chartr.co" class="bbCodeBlockUnfurl-image" data-onerror="hide-parent"/> </div> <div class="contentRow-main"> <h3 class="contentRow-header js-unfurl-title"> <a href="https://www.chartr.co/stories/2023-04-16-1-mr-beast-has-built-a-media-empire" class="link link--external fauxBlockLink-blockLink" target="_blank" rel="noopener" data-proxy-href=""> Beast mode: MrBeast has built a media empire </a> </h3> <div class="contentRow-snippet js-unfurl-desc">Beast mode‍ ‍Jimmy Donaldson — aka MrBeast — has established an online multi-platform empire with nearly 200 million followers, planted ~25 million...</div> <div class="contentRow-minor contentRow-minor--hideLinks"> <span class="js-unfurl-favicon"> <img src="/community/proxy.php?image=https%3A%2F%2Fcdn.robinhood.com%2Fassets%2Fsherwood%2Ffavicon%2Ffavicon-32x32.png&amp;hash=91e05ca3cffb90fc70bfdbf38088ad72&amp;return_error=1" loading="lazy" alt="www.chartr.co" class="bbCodeBlockUnfurl-icon" data-onerror="hide-parent"/> </span> www.chartr.co </div> </div> </div> </div></div>
 
<div class="bbWrapper">Wow. The OP of this thread is repulsive. <br /> <br /> Maybe do some research on Mr Beast and what he does for society before you open your mouth. If you did a tiny bit of research, you would see how much hard work he put into this (doing this since he&#039;s 13), how much value he provides (most followers on YouTube) and what he does with most of his money (gives to charities including one he started to feed the homeless. And he&#039;s there all the time feeding the homeless.) <br /> <br /> People with this &quot;hater&quot; attitude will never make it. You&#039;re on the wrong forum., <br /> <br /> Maybe the first thought should be &quot;Wow. Look at this guys net worth. Let me dig a little deeper and see why and how he&#039;s got there&quot;. Which is exactly what I did and why I have tons of respect for him.</div>
 
<div class="bbWrapper"><blockquote data-attributes="member: 5468" data-quote="Likwid24" data-source="post: 1084397" class="bbCodeBlock bbCodeBlock--expandable bbCodeBlock--quote js-expandWatch"> <div class="bbCodeBlock-title"> <a href="/community/goto/post?id=1084397" class="bbCodeBlock-sourceJump" rel="nofollow" data-xf-click="attribution" data-content-selector="#post-1084397">Likwid24 said:</a> </div> <div class="bbCodeBlock-content"> <div class="bbCodeBlock-expandContent js-expandContent "> People with this &quot;hater&quot; attitude will never make it. You&#039;re on the wrong forum., </div> <div class="bbCodeBlock-expandLink js-expandLink"><a role="button" tabindex="0">Click to expand...</a></div> </div> </blockquote>No worries. OP last seen status: 2021.</div>
 
<div class="bbWrapper"><blockquote data-attributes="member: 64035" data-quote="mercenariez" data-source="post: 810429" class="bbCodeBlock bbCodeBlock--expandable bbCodeBlock--quote js-expandWatch"> <div class="bbCodeBlock-title"> <a href="/community/goto/post?id=810429" class="bbCodeBlock-sourceJump" rel="nofollow" data-xf-click="attribution" data-content-selector="#post-810429">mercenariez said:</a> </div> <div class="bbCodeBlock-content"> <div class="bbCodeBlock-expandContent js-expandContent "> If this continues, as it obviously has been so far, and influences others to do things similar to people who may or may not need it (it’s not even just for the poor), wouldn’t this cause inflation of some sort to the American dollar? If everyone’s rich, no one is rich. </div> <div class="bbCodeBlock-expandLink js-expandLink"><a role="button" tabindex="0">Click to expand...</a></div> </div> </blockquote>Hhahahahahahhahahahhahaha</div>
 
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<div class="bbWrapper"><blockquote data-attributes="member: 64035" data-quote="mercenariez" data-source="post: 810429" class="bbCodeBlock bbCodeBlock--expandable bbCodeBlock--quote js-expandWatch"> <div class="bbCodeBlock-title"> <a href="/community/goto/post?id=810429" class="bbCodeBlock-sourceJump" rel="nofollow" data-xf-click="attribution" data-content-selector="#post-810429">mercenariez said:</a> </div> <div class="bbCodeBlock-content"> <div class="bbCodeBlock-expandContent js-expandContent "> One of the top YouTubers at the moment is a guy named MrBeast. His selling point to get views is basically him giving away obscene amounts of money/material goods to random individuals.<br /> <br /> “The World’s First Free Store”: <div class="bbMediaWrapper" data-media-site-id="youtube" data-media-key="n6qc4LHN2KQ"> <div class="bbMediaWrapper-inner"> <iframe src="https://www.youtube.com/embed/n6qc4LHN2KQ?wmode=opaque" loading="lazy" width="560" height="315" frameborder="0" allowfullscreen="true"></iframe> </div> </div><i><span style="font-size: 10px"><a href="https://youtu.be/n6qc4LHN2KQ" target="_blank" class="link link--external" rel="nofollow ugc noopener">View: https://youtu.be/n6qc4LHN2KQ</a></span></i><br /> <br /> <br /> “Giving $10,000 to Random People...”:<br /> <div class="bbMediaWrapper" data-media-site-id="youtube" data-media-key="xhIYirjB4Yc"> <div class="bbMediaWrapper-inner"> <iframe src="https://www.youtube.com/embed/xhIYirjB4Yc?wmode=opaque" loading="lazy" width="560" height="315" frameborder="0" allowfullscreen="true"></iframe> </div> </div><i><span style="font-size: 10px"><a href="https://youtu.be/xhIYirjB4Yc" target="_blank" class="link link--external" rel="nofollow ugc noopener">View: https://youtu.be/xhIYirjB4Yc</a></span></i><br /> <br /> <br /> and most recently...<br /> <br /> “I Opened a Free Car Dealership”:<br /> <div class="bbMediaWrapper" data-media-site-id="youtube" data-media-key="3LLnjRLrvLU"> <div class="bbMediaWrapper-inner"> <iframe src="https://www.youtube.com/embed/3LLnjRLrvLU?wmode=opaque" loading="lazy" width="560" height="315" frameborder="0" allowfullscreen="true"></iframe> </div> </div><i><span style="font-size: 10px"><a href="https://youtu.be/3LLnjRLrvLU" target="_blank" class="link link--external" rel="nofollow ugc noopener">View: https://youtu.be/3LLnjRLrvLU</a></span></i><br /> <br /> <br /> At first, when he did this once or twice I was like “oh, how generous of him”.<br /> <br /> At this point, however, he’s done this sort of thing probably over 20 times. And now I’m having some critical thoughts on the repercussions of such acts.<br /> <br /> DeMarco frequently emphasizes being against shortcuts and being event-focused instead of process-focused. He (it seems to me anyway) disdains laziness and those who contribute little to the world but expect a lot in return.<br /> <br /> However, what this YouTuber does for people is basically going against all of that by rewarding too many individuals (probably has rewarded &gt;1000 individuals at this point) obscene amounts of money for doing and contributing absolutely nothing to society (in terms of the moment in which they get their $10,000+ reward — not their life as a whole).<br /> <br /> If this continues, as it obviously has been so far, and influences others to do things similar to people who may or may not need it (it’s not even just for the poor), wouldn’t this cause inflation of some sort to the American dollar? If everyone’s rich, no one is rich.<br /> <br /> Any time you’re averaging 10m+ views a video on YouTube, you’re having some sort of influence on the world. And he’s definitely not the only one who has started to do this sort of thing.<br /> <br /> I just think this goes against the capitalist spirit. People work their asses off to make this world a better place, while a significant number of other individuals are now getting rewarded obscene amounts of money for contributing a b s o l u t e l y nothing. Isn’t that kind of socialism?<br /> <br /> I know, I know, maybe I’m exaggerating the effect. But big things start small, and I really don’t like the idea of thousands of people (and growing) getting rewarded obscene amounts of money for contributing jack squat to the world.<br /> <br /> Most people probably love the guy. I’m probably in the minority. Anyway, your personal thoughts? </div> <div class="bbCodeBlock-expandLink js-expandLink"><a role="button" tabindex="0">Click to expand...</a></div> </div> </blockquote>Have you created a globally recognized brand? Have you created a YouTube channel that gets tens of millions of views a video?<br /> Have you created something that millions of people enjoy watching and find value in?<br /> Have you helped change the lives of disadvantaged people?<br /> <br /> I didn&#039;t think so. <br /> <br /> Try creating something like Mr. East and then you can judge his ethics.</div>
 
<div class="bbWrapper">Most of the people on earth give NO free money to other random people. I believe he did. So it&#039;s a thrilling thing to watch and entertaining. So, millions of people would watch the unique video &quot;about a person who has done things where no person will ever do&quot;. He recorded it and posted it in youtube/other media. The monetisation of the video must have provided him with like more than $200,000 revenue and sponsor income. $10,000 give away is a fraction what he must have earned with it. <br /> <br /> However, in my opinion, you must restrain from being the &quot;<b>prey&quot;</b> (the people who watch his videos) and you&#039;re just getting influenced/lured by the <b>&quot;Hunter/predator&quot; (beast). </b><br /> <br /> You have spent time watching those videos, your time earned him income. You have handed over your valuable resource (time) free of charge to him. <br /> <br /> You must try to become the person who is the <b>&quot;Hunter/predator&quot; </b>and start hunting others than getting hunted. <br /> <br /> I can see the way you have written, you&#039;re just thinking and straining your brain about a useless topic &quot;whether it&#039;s real or not&quot;. Who cares? <br /> <br /> It&#039;s ok if you&#039;re watching those to learn the tactics he uses to <b>&quot;how to hunt others&quot;</b>. But stop watching all those useless videos for <b>&quot;entertainment&quot;</b>.</div>
 
<div class="bbWrapper">Financial ratios like this usually do not end well...<br /> <br /> <div class="bbCodeBlock bbCodeBlock--unfurl is-pending is-recrawl js-unfurl fauxBlockLink" data-unfurl="true" data-result-id="450201" data-url="https://www.marketwatch.com/story/mrbeast-claims-to-be-a-billionaire-who-has-less-than-1-million-in-cash-is-that-normal-for-the-rich-1a68eae7" data-host="www.marketwatch.com" data-pending="true"> <div class="contentRow"> <div class="contentRow-figure contentRow-figure--fixedSmall js-unfurl-figure"> <img src="/community/proxy.php?image=https%3A%2F%2Fimages.mktw.net%2Fim-40455907%2Fsocial&amp;hash=2fc6945d14806a4f412be565683aeb4c&amp;return_error=1" loading="lazy" alt="www.marketwatch.com" class="bbCodeBlockUnfurl-image" data-onerror="hide-parent"/> </div> <div class="contentRow-main"> <h3 class="contentRow-header js-unfurl-title"> <a href="https://www.marketwatch.com/story/mrbeast-claims-to-be-a-billionaire-who-has-less-than-1-million-in-cash-is-that-normal-for-the-rich-1a68eae7" class="link link--external fauxBlockLink-blockLink" target="_blank" rel="noopener" data-proxy-href=""> YouTube star MrBeast says he’s low on cash. Is that normal for the super-rich? </a> </h3> <div class="contentRow-snippet js-unfurl-desc">The YouTube star is also raising money for his business at a $5 billion valuation. Here’s why some wealth advisers think it’s strange that MrBeast holds so little cash.</div> <div class="contentRow-minor contentRow-minor--hideLinks"> <span class="js-unfurl-favicon"> <img src="/community/proxy.php?image=https%3A%2F%2Fmw4.wsj.net%2Fmw5%2Fcontent%2Flogos%2Ffavicon.ico&amp;hash=de525fd43e628667a1c03eb057fc9b1a&amp;return_error=1" loading="lazy" alt="www.marketwatch.com" class="bbCodeBlockUnfurl-icon" data-onerror="hide-parent"/> </span> www.marketwatch.com </div> </div> </div> </div></div>
 
<div class="bbWrapper"><blockquote data-attributes="member: 1" data-quote="MJ DeMarco" data-source="post: 1160701" class="bbCodeBlock bbCodeBlock--expandable bbCodeBlock--quote js-expandWatch"> <div class="bbCodeBlock-title"> <a href="/community/goto/post?id=1160701" class="bbCodeBlock-sourceJump" rel="nofollow" data-xf-click="attribution" data-content-selector="#post-1160701">MJ DeMarco said:</a> </div> <div class="bbCodeBlock-content"> <div class="bbCodeBlock-expandContent js-expandContent "> Financial ratios like this usually do not end well...<br /> <br /> <div class="bbCodeBlock bbCodeBlock--unfurl is-pending is-recrawl js-unfurl fauxBlockLink" data-unfurl="true" data-result-id="450201" data-url="https://www.marketwatch.com/story/mrbeast-claims-to-be-a-billionaire-who-has-less-than-1-million-in-cash-is-that-normal-for-the-rich-1a68eae7" data-host="www.marketwatch.com" data-pending="true"> <div class="contentRow"> <div class="contentRow-figure contentRow-figure--fixedSmall js-unfurl-figure"> <img src="/community/proxy.php?image=https%3A%2F%2Fimages.mktw.net%2Fim-40455907%2Fsocial&amp;hash=2fc6945d14806a4f412be565683aeb4c&amp;return_error=1" loading="lazy" alt="www.marketwatch.com" class="bbCodeBlockUnfurl-image" data-onerror="hide-parent"/> </div> <div class="contentRow-main"> <h3 class="contentRow-header js-unfurl-title"> <a href="https://www.marketwatch.com/story/mrbeast-claims-to-be-a-billionaire-who-has-less-than-1-million-in-cash-is-that-normal-for-the-rich-1a68eae7" class="link link--external fauxBlockLink-blockLink" target="_blank" rel="nofollow ugc noopener" data-proxy-href=""> YouTube star MrBeast says he’s low on cash. Is that normal for the super-rich? </a> </h3> <div class="contentRow-snippet js-unfurl-desc">The YouTube star is also raising money for his business at a $5 billion valuation. Here’s why some wealth advisers think it’s strange that MrBeast holds so little cash.</div> <div class="contentRow-minor contentRow-minor--hideLinks"> <span class="js-unfurl-favicon"> <img src="/community/proxy.php?image=https%3A%2F%2Fmw4.wsj.net%2Fmw5%2Fcontent%2Flogos%2Ffavicon.ico&amp;hash=de525fd43e628667a1c03eb057fc9b1a&amp;return_error=1" loading="lazy" alt="www.marketwatch.com" class="bbCodeBlockUnfurl-icon" data-onerror="hide-parent"/> </span> www.marketwatch.com </div> </div> </div> </div> </div> <div class="bbCodeBlock-expandLink js-expandLink"><a role="button" tabindex="0">Click to expand...</a></div> </div> </blockquote>That’s very aggressive on the cashflow.<br /> <br /> He runs a big empire and the outgoing cashflow demands is high every now and then.</div>
 
<div class="bbWrapper">Mr. beast is doing the &quot;Beasts&quot; work</div>
 
<div class="bbWrapper">I think he’s a masterclass in compelling entertainment. He always impresses me.</div>
 
<div class="bbWrapper">I remember his business model loses money on the ad sense and only makes back after merchandise sales.<br /> <br /> It’s a huge cash burning enterprise, growing fast on thin margin.<br /> <br /> I think when he just cracked the code of getting views by giving away cash generously, he found out that many copycats are coming.<br /> <br /> He was on a relentless pursuits of creating entry barriers from scale, that he is burning so much money that no one else dare to dream to copy.<br /> <br /> This explains why he immediately reinvests and ends up with little cash reserve on hand.</div>
 
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<div class="bbWrapper">He literally has to buy a new Lambo to crush it in every video.<br /> <br /> That&#039;s a big punch for operational expenses.</div>
 
<div class="bbWrapper"><blockquote data-attributes="member: 64612" data-quote="Kevin88660" data-source="post: 1160806" class="bbCodeBlock bbCodeBlock--expandable bbCodeBlock--quote js-expandWatch"> <div class="bbCodeBlock-title"> <a href="/community/goto/post?id=1160806" class="bbCodeBlock-sourceJump" rel="nofollow" data-xf-click="attribution" data-content-selector="#post-1160806">Kevin88660 said:</a> </div> <div class="bbCodeBlock-content"> <div class="bbCodeBlock-expandContent js-expandContent "> I remember his business model loses money on the ad sense and only makes back after merchandise sales.<br /> <br /> It’s a huge cash burning enterprise, growing fast on thin margin.<br /> <br /> I think when he just cracked the code of getting views by giving away cash generously, he found out that many copycats are coming.<br /> <br /> He was on a relentless pursuits of creating entry barriers from scale, that he is burning so much money that no one else dare to dream to copy.<br /> <br /> This explains why he immediately reinvests and ends up with little cash reserve on hand. </div> <div class="bbCodeBlock-expandLink js-expandLink"><a role="button" tabindex="0">Click to expand...</a></div> </div> </blockquote><br /> He also makes money off sponsors, he gets millions for one video from one sponsor.</div>
 

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