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(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.
laurahollis61 2 years ago
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?
steflova2 2 years ago