• The Myth of the Self-Made Millionaire

  • Sep 15 2024
  • Length: 14 mins
  • Podcast

The Myth of the Self-Made Millionaire

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  • Summary

  • In this episode of Only Business, we dismantle the myth of the "self-made millionaire" and expose the invisible forces that often drive success. It’s not just about hard work—it’s about who you know and the networks you can access. We dive into how social capital, generational wealth, and venture capital disparities shape the paths of many successful entrepreneurs, while leaving others locked out of opportunity. With fewer than 3% of venture capital dollars going to Black and Latino founders and 70% of jobs being filled through personal connections, the system is far from a meritocracy. Join us as we challenge the narrative of self-reliance, reveal the unseen advantages behind many success stories, and offer insights on how to build and leverage your own network in a world where access is everything.
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