The Guardian newspaper recently said that the notion that people can just start up a business in the modern economy and be successful is a myth. Sure, it might be something that the odd freak does, but it’s not an option for the masses. According to the newspaper, we’re all stuck in wage-slavery, going to work for the man every day because of entrenched power structures.

 

But is that really true? On purely statistical grounds, it’s not. But it’s also not true on a personal level for many entrepreneurs who had humble beginnings. Contrary to what some newspapers would like you to believe, the American dream is alive and well.

 

Howard Schultz – Starbucks

 

One of the most interesting stories is that of Howard Schultz. He began life in social housing because his parents had practically no money. He grew up feeling that everybody else had “stuff” and that he had to put up with very little. It wasn’t fair, in his view, and so he took action. He knew that he didn’t want to be stuck in poverty forever. He saw the wealthy city-types getting into their luxury cars, and he wanted a piece of that himself.

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