How Did The Self-Made Giant Dig The First Pot Of Gold?

Capital limits many people who claim to be entrepreneurs in the future - is that really the case?

Scan Forbes's list of the richest people in the world, and you will find many of the big roots.

How did they make their remarkable Empire rise?

Sweat, frugality, chatting, innovation, and a little bit of luck.

It is fair to say that a lucky few who come from the gate may have a better chance of becoming a superstar than those without a safety net.

According to the survey conducted by the US Census Bureau in 2002 about 16 million of the owners, 55% of the business was initially invested by individuals or family capital.

Only 11.4% ran into bank loans, 8.8% depended on personal and business credit cards, and the rest mostly depended on government loans and external investors.

Some of the entrepreneurs who swept the world, such as the boss of the red apple group and John Casey Mathis, who aspiring to become mayor of New York, have accumulated their capital by meeting the right people.

Casey Mathis, the son of a restaurant waiter, entered the retail business after graduating from high school in the summer of 1966.

He got along well with a shopkeeper in a small supermarket in Manhattan and began to shoulder more responsibilities.

Four years later, the shopkeeper gave him a 50% stake in a store, but he had to pay $1000 a month in 10 months to get the shares.

In just a few months, sales of stores doubled, and Casey Mathis earned $500 a week (which is good for 20 year old young people at that time).

He gave up his degree in New York University when he had 8 credits, and opened his own retail chain, the red apple group.

He was short of operating capital for goods, but Casey Mathis, with his charm, provided suppliers with credit purchases. He said, "there is no such thing in this world today."

At the age of 25, he already owned 10 retail outlets - no debt - a $1 million profit with $25 million in sales.

Today, the red apple group includes Griess Ted, Sloan and red apple.

Casey Mathis was proud of himself, while other people like Sandy Will saved every coin before he went wild.

Sandy Will was born in 1933 at a home in Poland, New York, Broolyn. When he graduated from Cornell University, he worked as a salesman in Bell Sten and worked hard for the qualification of stockbrokers in the evening.

In 1960, a few years later, he and three friends made up a sum of money - about $200 thousand - opened their own stock brokerage company, called Carter - darling, Will Firm.

After twenty years of acquisition, their travel group became the second largest brokerage company in the industry, after Merrill Lynch.

After 1998, the traveler group merged with Citigroup, now known as Citigroup's name.

The old fashioned physical paction also helped the children of the peasants and the future Wall Street giant Kirk Koclean appear on the map.

In the late 1930s, Kirk Ryan proposed to take care of livestock for Panko Barnes, a famous female aviator. In return, he could learn to fly.

During World War II, he worked for the Royal Air Force, pferring planes from factories in Canada to England for $1000 a month. This was a very dangerous journey, because the aircraft was not designed to withstand long-range flight or the harsh climate above the North Atlantic.

In 1947, he bought $60 thousand from the war time savings to buy p International Airlines.

(unclear whether he needs additional funding).

He later sold his shares to US $104 million for support for future investments.

Now his private investment firm teresinda now owns 53% of MGM.

Sometimes it's enough just to be gifted and persistent.

J K Rowling was still a single mother who lived on welfare in Scotland. As long as her little daughter went to sleep, she began to write her first book "Harry Porter" in a cafe in Edinburgh.

After being rejected by 12 publishing companies, Bruce, a small publisher in London, offered an advance of 1500 pounds (about 2400 dollars) - even when their editor Barry Cunningham recommended Rowling to find a job during the day.

Luckily, she didn't follow the advice: in second years, Harry Porter's distribution rights in the United States sold 105000 dollars.

After that, Rowling sold nearly 400 million books around the world, the only writer on our list.