“New Terrible Advice from Business Influencers on Getting Rich Quick” by Arwa Mahdawi


“New Terrible Advice from Business Influencers on Getting Rich Quick” by Arwa Mahdawi

TikTok’s personal finance influencers have introduced a new scheme called the Young Indian Method (Yim) for those who missed out on the bitcoin craze. This involves setting up a business and outsourcing work to countries like India to make huge profits off cheap labor. While the idea may have been started as a joke, many influencers are promoting it as a legitimate way to make money.

Satirical commentary on exploiting cheap labor is not new, but the line between satire and reality is becoming increasingly blurred. Many influencers are now selling guides on how to make money through the Yim, despite its questionable ethics. Some guides even contain dehumanizing language and advice on how to easily replace workers. The Yim is just one example of the dubious business advice circulating online, with many self-proclaimed finance gurus selling get-rich-quick schemes.

From real estate to AI, scammers and finance influencers are constantly coming up with new ways to promise riches to their followers. While it may be tempting to mock those who fall for these schemes, it’s easy to see why they have such a large audience. In a world where hard work and ethics are often not enough to succeed, the allure of quick and easy money is hard to resist.

Leave a Reply