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Complete, utter garbage. Cites no statistics. The truth is, about 25% of new businesses in the US are started by first-generation immigrants. 30% of new busine

by ccleve 5y ago

Complete, utter garbage. Cites no statistics. The truth is, about 25% of new businesses in the US are started by first-generation immigrants. 30% of new business owners only have a high-school education. Here are a few more stats: https://www.smallbizgenius.net/by-the-numbers/entrepreneur-statistics/ https://www.smallbizgenius.net/by-the-numbers/entrepreneur-s...

xphilter 5y ago
Just FYI, they cite a paper here: http://www.andrewoswald.com/docs/entrepre.pdf http://www.andrewoswald.com/docs/entrepre.pdf
tester756 5y ago
>The truth is, about 25% of new businesses in the US are started by first-generation immigrants. So for me it seems like going to US makes you small outlier, the programming people that I know and went to US were really strong devs
Johanx64 5y ago
I suspect that many of the immigrants that come to the US (and end up being successful/ business owners) are pretty well off themselves (relative to wealth of the country of origin). US isn't a country that is easy to immigrate to either.
- DevKoala 5y ago
  This is an awful take. From experience, being “wealthy” in a third world country translated to being on one of the lowest brackets of poverty here in the USA.
  - tester756 5y ago
    but if you're earning "a lot" in 3rd world country, then you probably have e.g skills and with skills it'll be easier for you to transfer yourself and you aren't going to start from the bottom
    - DevKoala 5y ago
      Do you think you are born with those skills? When I was a kid I remember staying up past midnight always to finish my math homework. I had seen a bit of news saying that being good at math was key to becoming a video game developer, and that was enough to give me hope.
      - Johanx64 5y ago
        I had a computer when basically nobody else had one and I had the chance to learn programming when almost nobody in my country even knew what it is. I also had relatively wealthy parents which enabled me to save up to move/emmigrate. Emmigrating to a wealthy country is crazy expensive. Plane flights, rent/down payment etc Which all boils down how massive of an advantage being wealthy is/middle class is even if that wealth is peanuts by US standards
null_object 5y ago
> Complete, utter garbage. Cites no statistics. I'm not sure your source is exemplary in citing cast-iron statistics - the article you cite includes a lot of referenced and very varied sources (some of them seem to be just news articles), but few concrete references to back-up their purported numbers. > The truth is, about 25% of new businesses in the US are started by first-generation immigrants And this assertion doesn't contradict the article unless we're supposed to assume that being a "first-generation immigrant" automatically means you are poor and without any family resources.

by ccleve 5y ago

xphilter 5y ago

Just FYI, they cite a paper here: http://www.andrewoswald.com/docs/entrepre.pdf http://www.andrewoswald.com/docs/entrepre.pdf

tester756 5y ago

>The truth is, about 25% of new businesses in the US are started by first-generation immigrants. So for me it seems like going to US makes you small outlier, the programming people that I know and went to US were really strong devs

Johanx64 5y ago

I suspect that many of the immigrants that come to the US (and end up being successful/ business owners) are pretty well off themselves (relative to wealth of the country of origin). US isn't a country that is easy to immigrate to either.

DevKoala 5y ago
This is an awful take. From experience, being “wealthy” in a third world country translated to being on one of the lowest brackets of poverty here in the USA.
- tester756 5y ago
  but if you're earning "a lot" in 3rd world country, then you probably have e.g skills and with skills it'll be easier for you to transfer yourself and you aren't going to start from the bottom
  - DevKoala 5y ago
    Do you think you are born with those skills? When I was a kid I remember staying up past midnight always to finish my math homework. I had seen a bit of news saying that being good at math was key to becoming a video game developer, and that was enough to give me hope.
    - Johanx64 5y ago
      I had a computer when basically nobody else had one and I had the chance to learn programming when almost nobody in my country even knew what it is. I also had relatively wealthy parents which enabled me to save up to move/emmigrate. Emmigrating to a wealthy country is crazy expensive. Plane flights, rent/down payment etc Which all boils down how massive of an advantage being wealthy is/middle class is even if that wealth is peanuts by US standards

null_object 5y ago

> Complete, utter garbage. Cites no statistics. I'm not sure your source is exemplary in citing cast-iron statistics - the article you cite includes a lot of referenced and very varied sources (some of them seem to be just news articles), but few concrete references to back-up their purported numbers. > The truth is, about 25% of new businesses in the US are started by first-generation immigrants And this assertion doesn't contradict the article unless we're supposed to assume that being a "first-generation immigrant" automatically means you are poor and without any family resources.