Not a very hard one to figure out. The poor person - It mostly boils down to the entrepreneurial spirit, does he/she HAVE it, does he/she even WANT it?
What a load of garbage. Entrepeneurial spirit? Who are you? Adam Smith's retarded little cousin? How is someone working at McDonald's getting the money to start a business? And you are assuming that everyone can just run a business. Even if you have the capital to invest, you need an MBA to know what you're doing or at least a degree in management - which cost money to get -, and you need the
innate intelligence to run the business. And 99% of businesses fail in the first year. Very few people became rich by starting a business, and in most cases they are geniuses like Bill Gates and Henry Ford. Most of the rich people in the World became rich investing their money on companies that already exist or on the stock market. And guess what? You need money to invest and make money, and you need knowledge of finance and the innate intelligence to figure out your next move. Less that 0.1% of the population has all these things.
Will the poor person ever get an exec job without a good education like the person who has the education and HAS the exec job, probably not.
My point exactly. You need to get into Harvard to get an executive job that will make you really rich, and you are not getting in there if you don't have a rich daddy and are among the top 2% of the population in intelligence. And if you don't have a rich daddy, then you need to be at the top 0.01% of the population in intelligence to get a Harvard scholarship. This is an impossible dream for the average man. You should have the common sense to know this since you are a common man both in terms of intelligence and education, but apparently you don't.
But in a capitalist society the potential is ALWAYS there.
Sure, winning the loterry is always a possibility. This is pretty much the only way that an average man of average intelligence and no capital to invest can become rich. By opening a business? No money, and if he gets a loan(unlikely), his business will fail. Lots of smart, educated people open businesses every year and 99% of them fail in the first year. By becoming a corporate CEO? No intelligence and/or money to get the Ivy League MBA necessary to get hired as a CEO of a company large enough to pay you enough for you to become a rich man with your job.
People rich or poor have a talent,
99.99% of all people have no talent whatsoever, and of those 0.01% who have a talent, only a handful have the extreme talent to become rich with it. There are lots of very good college basketball players but only one LeBron James. All those college basketball players who don't get drafted into the NBA end up cleaning toilets after college.
whether hidden or not to expose that talent to make something of themselves as long as they're honest in their business dealings and more importantly LEARN about how business works.
You are probably a salesman. Your sales pitch is good. You should work giving motivational speeches about how you can achieve everything in life if you just work hard enough. You can be the next Michael Jordan if you just practice basketball enough! You can become the next CEO of Lehman Brothers if you get into Harvard by just studying hard enough! You can win the Nobel prize in literature if you just practice your writing enough! You can become the next Bill Gates by getting a loan and starting your own business in your garage! Hell, yeah! The sky is the limit! I am the next Beethoven or Einstein! All I need to do is work enough. Weeeeeeeewhooooooo!!!!!!!
There are hundreds of thousands of success stories of poor people coming from nothing,
No, there aren't! Out of the millions of businesses that were started, only a handful became successful enough for their founders to become millionaires. Like Mark Zuckerberg, who was writing computer programs in C language at the age of 7 and was too smart even for Harvard. For every Mark Zuckerberg, there are literally a million failures.
from other countries only to become wealthy or at the very least make a comfortable living for their families.
This is true, but the immigrant success stories are of people who were highly educated in their countries and above average intelligence, such as Indian computer programmers, who made it to the U.S to work in Sillicon Valley. And they are "succesfull" in the sense that they were poor and made it into the middle class. We are talking about people who come from nothing and become members of the upper class. These people are as rare as red diamonds.
I started my business with NOTHING and I was single parent, within 2 years I business was making six figures. I had borrowed no money and just kept reinvesting a percentage of what I earned into my business....I still do that today. You can bet the person who wrote that article is making a nice living!!!
I don't know under what circumstances you became rich or even if you are even telling the truth, but you probably just lucked out by starting a business in a time and location where there was a demand for whatever you did. It can't be a rational decision to work at that because you don't strike me as a very bright person. And in any case, your success story doesen't mitigate the millions of people who worked just as hard as you and failed. Hell, people with degrees from good universities who work 17 hours a day are happy after 30 years of hard work to become upper middle class. Poor people becoming filfthy rich is extraodinarily rare.
Bottom line........if you want it, it's there for the taking. If you don't, quit complaining.
Oh, yeah? What about the millions of people with degrees from good universities who work 17 hours a day including weekends and can do no better than be middle class living in tiny houses with a single car for the whole family and work at cubicles every day? What do you have to say about that? That they lack entrepeneurial spirit? What about that out of 100 of these intelligent, hard working people who start businesses, 99 are broke in the first year? Cut your garbage, dude. You seem like one of those redneck hicks from the Tea Party saying these incredibly stupid things.
SUCKMYMUSCLE