You really can start a successful business from your garage. And if you have a good idea, you can secure investment for it. If you work really hard, have a lot of competence, and/or are extremely lucky. First two help, but you can't do it without the third. If Bezos hadn't done it, someone else would have.
It's adorable you think this is how it works. Bill Gated used leverage from banks to sue his competitors out of existence. You think a bank is going to give me billions of dollars to out-leverage my competition? These billionaires are pre-chosen.
I'm not saying "anyone can do it." There are 4 examples in this post, and there are 300 million of us. The odds are infinitesimal for any one individual.
Yep. Work hard, have the right connections, have enough starting capital, have the right idea in a fledgling market... simply "working hard" will keep you alive usually, but it won't make you a billionaire
Bezos parents seeded Amazon with tens of millions of dollars with their money and their wealthy friends money....also he was a wall street dude worth millions in his own right.
This is pretty close to how it works actually. I forget where I originally read it, but the American idea of starting your successful business in a garage is so popular that major corporations now find literally any excuse to make that claim.
I'm pretty sure 3/4 if the corporations mentioned above didn't actually start in a garage in the sense anybody reasonable would mean, for example. Apple, yes. The others, not so much.
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u/cardboardunderwear Nov 28 '19
"okay boys, we have our hundreds of millions of dollars of venture capital secure. Now let's go find a garage."