3 ms·
Your idea isn’t backed up by statistics. The vast majority of successful entrepreneurs come from upper-middle class or richer families. If it was just about “bu
by atty 6y ago
Your idea isn’t backed up by statistics. The vast majority of successful entrepreneurs come from upper-middle class or richer families. If it was just about “building a talent stack”, then the distribution would be relatively flat across all family income distributions. You also missed the part in the article that described how hard it is as a poor person to just find the time and resources necessary to learn those skills.
Of course you need to put the work in, but the deck is stacked in your favor if your family is very well off (and frankly you need to do far less work, due to nepotism and everything else), and massively stacked against you if you come from a poor family.
- abfan1127 6y agodo you have data on this? Are you talking about tech entrepreneurs? My understanding is many self made millionaires come from the trades (plumbing, electricians) starting their own company. I can't find my source, thats why I'm interested in your source.
- vmception 6y agothere is the similar distribution of self starters in all areas of society, there is a survivorship bias towards upper middle class and upper class people because they get to try again over and over and over again. whereas someone that "makes it out" has pretty much one chance or else they have to pay off all the debt they accrued financially or to society for the next 10 years (or more). let alone if they get a little lonely and create obligations.