Alternatively he could just use a bunch of money inherited from his family and, by merit of having investment capital and a box of crayons, be able to profit off the people he hires.
Have you ever actually had to hire someone to do something nontrivial?
Statistically speaking, hiring good help is difficult. Hiring good help repeatedly is a skill. Building an entire business in an unfamiliar domain is certainly easier with inherited money, but still requires rare talent. Which is why as another poster pointed out, the 1% has a 50% generational turnover.
Statistically speaking, hiring good help is difficult. Hiring good help repeatedly is a skill. Building an entire business in an unfamiliar domain is certainly easier with inherited money, but still requires rare talent. Which is why as another poster pointed out, the 1% has a 50% generational turnover.