Definitely have seen this throughout the process of starting my own business…and I have to admit that I do have benefits that others don’t have, though not as advantageous as coming from a wealthy family or a family in which one of my relatives is a successful entrepreneur. But I don’t think I’d be starting my own business right this second without those benefits.
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Some gems:
There’s often a mythology about people who succeed–pulling themselves up by their bootstraps, no help, no support, no advantages.
Sometimes, that’s true. More often, it’s not. Many who start businesses come from great advantage. That doesn’t mean you can’t make it, but you have to clear your eyes, see what’s actually going on, and approach things with some basic tools.
If you don’t have the investment money, start on the side. Maybe you’re working early in the morning, late at night, or on the weekends. Michael Dell started making and selling PCs in his dorm room. Build the business over time, and make sure you maintain the revenue stream necessary to live and meet your commitments.
The Secret Problem Many Entrepreneurs Are Never Warned About and How to Get Past It