(1) I have not read the “millionaire next door,” but my guess is that you’ve got it wrong – not that most small business owners are millionaires, but that most millionaires are small business owners. Big difference. If the book argues the former, and not the latter, I would say it’s juust wrong.(2) The answer to #2 is that people keep trying. Sometimes it’s the same people (serial entrepreneurs), sometimes new ones. More people are employed by small businesses than large ones.
QUESTIONS(1) If most entrepreneurs are not millionaires, then who are the millionaires ? According to the book “the Millionaire next door”, most small business owners are millionaires.(2) If most entrepreneurial projects fail within 5 years, then how is it that our economy is based upon entrepreneurship?
2 responses so far ↓
1 laurahollis61 // Mar 1, 2010 at 1:19 am
(1) I have not read the “millionaire next door,” but my guess is that you’ve got it wrong – not that most small business owners are millionaires, but that most millionaires are small business owners. Big difference. If the book argues the former, and not the latter, I would say it’s juust wrong.(2) The answer to #2 is that people keep trying. Sometimes it’s the same people (serial entrepreneurs), sometimes new ones. More people are employed by small businesses than large ones.
2 steflova2 // Mar 1, 2010 at 2:10 am
QUESTIONS(1) If most entrepreneurs are not millionaires, then who are the millionaires ? According to the book “the Millionaire next door”, most small business owners are millionaires.(2) If most entrepreneurial projects fail within 5 years, then how is it that our economy is based upon entrepreneurship?
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