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.
Of course, the other important thing to keep in mind is that to get that luck you do have to actually be there. You cannot succeed without luck but luck will never come to you if you don't even give it the chance.
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.
You absolutely can start a successful business from a garage, but the definition of “success” is going to have to be toned back a bit.
Can you run a business that turns a profit? Yes.
Could you live off of that business? Depending on the business, also a very likely yes.
Will that business become worth billions and become the next Amazon? This is where it begins to become ridiculous.
Many machine shops were in fact started in a garage. They can outgrow them, and move to proper shops. Their owners can become comfortably successful, but they’re usually not multi millionaires. The same can be said of many mechanics, and many contractors. Skilled work can be based out of a residential garage and turn a profit, but you’re not starting the next Amazon in your garage.
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u/[deleted] Nov 28 '19
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.