4 ms·
Years and years (and years) ago I was considering starting my own business. An entrepreneurship book I read started (quite rightly) with a chapter on "Are you c
by jp57 5y ago
Years and years (and years) ago I was considering starting my own business. An entrepreneurship book I read started (quite rightly) with a chapter on "Are you cut out to be an entrepreneur?" It mentioned that having (implicitly successful) entrepreneur parents was a predictor of successful entrepreneurship.
It's a leap from "successful entrepreneur" to "rich", but not a huge leap. In the cited examples, I don't know how the parents made their money, but it's not hard to see how being raised by entrepreneurs could confer advantages beyond a safety net and possible seed investment from parents.
In particular, a child from an entrepreneur household would very likely simply be more comfortable and at ease in that environment and have base level of domain knowledge that others lack. This doesn't mean that nobody else can be successful, of course, they just have more to learn.