Chandresh, you're right. That's exactly my point is. Where from they got the money to fund their education? As I believe these schools charge a hefty sum as a part of their tution or other fees. It's not a struggle when they already have a great rich background that funded their education.

The struggle is when you really have $15 in your pocket and do not get educated anywhere in North America, there's noone else who is funding your expanses, and then with the hard work and 'Luck', you make it big. This is called struggle.

Chuck the guys in the States-

Think Dhirubhai, Narayan Murthy, Suzlon Energy. I am sure you guys can think of many more.

Narayan Murthy as the story goes had a good education and actually hitched hiked around Europe, before landing in India worked for Patni and then started with Rs 10,000 borrowed from his "patni" (wife).

What about the Indians in Dubai? The multis from Lagos?

I don't know which book Jake 3rd is referring to, but even I read a book that stated all rich fortunes were made by "unpads". In that was included the Coke guy, Ford, Carnegie, Ka Shing (HK tycoon), Stephen Lo (Macau casino billionaire) and also Dhirubhai.

I am sure many of you must have received the net story about the guy who was refused a job 'cos he didn't know zilch about email, went out bought tomatoes and sold them and became rich that way.

However, maybe the tables have turned and 'ejucated' (not ejaculated) guys make big bucks as well. Like Ram Shriram of Google.

But still isn't it usually a story about a guy who starts with small bucks and makes it big? Whether ejucated or not.
Exceptions are there: Howard Hughes, Azim Premji, Ratan Tata. I am sure there are many more.

All a mixed bag, really, maybe.

Quote:

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Originally posted by zorro

Quote from self made millionaire "Main reason why people struggle financially is because they have spent years in school but learned nothing about money. The result is that people learn to work for money ... but never learn to have money work for them"

He says he became millionaire not by using his bookish knowledge but by practical knowledge and experience he got from his friend's millionaire father. Even though he has degree in business from prestigious school. Millionaire parents stress on financial education of their kids though.

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Quote:

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Originally posted by investpro

All a mixed bag, really, maybe.

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Quote:

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Originally posted by jake3d

However,
Ivy league eductation (where ivy league connections follow)
+
Dad in biz (and able to support/help)
+
fire in the belly
...seems like quite the combination to have. .

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Chandresh

Advice is free – lessons I charge for!!

Quote:

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Originally posted by chandresh
But as you might recall, not too long ago the talk going around town was :

A high school dropout built an empire which two Harward graduates were bent of breaking to pieces (that's for Reliance!)

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