www.mint.com/blog/investing/the-first-jobs-of-10-wealthy-entrepreneurs -> www.mint.com/blog/investing/the-first-jobs-of-10-wealthy-entrepreneurs/
Reddit Sponsored by: There's a stereotype in America that successful CEOs and entrepreneurs were born with silver spoons in their mouths. Their eye-popping fortunes were little more than a gift from luck, genetics or privilege. Given this stereotype, it's tough to imagine people like Warren Buffett ever working "regular jobs" like the rest of us. However, you may be surprised to learn that many titans of industry got their start in very pedestrian positions that you wouldn't suspect. Today, we look back on the first jobs of 10 wealthy CEOs and entrepreneurs.
a cotton broker and a part time horse trader who put his young son to work at the age of six breaking horses for a dollar or two apiece." So began a life of leadership that would see him create and sell-off two very successful, independent companies (Electronic Data Systems and Perot Systems) for billions each.
Reportedly, Huizenga also took a truck driving position at 17 to help his mother with household bills following her traumatic divorce from his father. By 1960, Huizenga was already buying his own truck and recruiting clients for the fledgling waste management company that would build most of his $300+ million net worth.
Ethan Bloch) Investing mogul Warren Buffett's first job reads like something out of a novel. Long before he made history with his shrewd and old-fashioned-style investment decisions, the Nebraska native earned his first "working capital" as a newspaper delivery boy.
savvy enough to deduct the cost of his bicycle on his first tax return." So began a path of frugality for Buffett that saw him amass over $140,000 by age 26 (in 1956), who would eventually became one of the richest men in the world at present.
Forbes, Trump accompanied his father to job sites and collected empty cans and bottles with his brother for the redemption value. It didn't add up to much (Trump recalls it equaling a "below-average allowance") but it no doubt taught him the value of a dollar. stand out of the doorway to avoid the possibility of being shot".
Gattis) If ever an entrepreneur rose up from humble beginnings, it was Sam Walton. The Walmart founder began helping his family make ends meet at an early age, and held many odd jobs. Among these were milking the family cows, bottling the milk and hand-delivering it to paying customers. Later, Walton would take to his bike to complete a daily paper delivery route. He also sold magazine subscriptions on the side, perhaps building some early sales skills that proved crucial later on. Upon graduating high school, Walton was voted "most versatile boy" in his class. waiting tables in exchange for meals", according to Wikipedia.
Marcin Wichary) Netscape founder and maverick entrepreneur Jim Clark was anything but a "silver-spoon" case. Growing up in a poor single-parent household, Clark's first job (after dropping out of high school) was his four years as a member of the US Navy.
The New New Thing chronicles how disastrous this was for the young Clark, who constantly found himself at odds with authority. Like so many entrepreneurs, Clark simply could not defer to superiors for any serious length of time, and went on to found Silicon Graphics, Netscape, and Healtheon.
seemingly aimless young man" who dropped out of high school after his mother passed away. However, unbeknownst to Ellison's father, the young boy had developed a stunning aptitude for math and science, which paved the way for his first job as a technician at Wells Fargo. His programming duties at Ampex even saw Ellison participating in "building the first IBM-compatible mainframe system".
CareerBuilder, Dell got his working start as a dishwasher in a Chinese restaurant. Dell also displayed some early sales prowess during his high school years, when, despite not excelling academically, he raked in $18,000 in Houston Post sales - enough to buy a car and three computer systems. Once in college Dell wasted little time starting his first business (PCs Limited) in a single room of a 27 story residence hall. Before long the young company showed enough promise to inspire Dell to drop out at 19, taking a loan from his grandmother and re-naming the business to Dell Computer.
lied about his age to land a job as a Red Cross ambulance driver during the First World War", but the fighting ended before he could serve. a pianist, a grocery store bagger, and a paper cup salesman" before buying out the McDonald brothers for their rights to the iconic hamburger chain.
JB Hunt, who started JB Hunt trucking also did not grow with a silver spoon. He left a very small arkansas town at a young with 1100 dollars saved and borrowed from friends and family members. Only to return to his home state and transform a fledgling Northwest Arkansas into the boom town its has become.
the lack of diversity in a small group does not indicate anything other than the lack of diversity in a small group. Yet, complaining about the lack of diversity in a small group indicates a deep need to find diversity in a small group. Needing to artificially 'round out' every small group with non-white-guy entries is a bad thing... it highlights repeatedly how fake the not quite diverse' small group is when chosen this way. I find complaints like yours to be a genuine indication that racism in America is alive and well primarily because so many people want it to be.
besides oprah there is russell simmons, cathy hughes (who at one point in her life, was homeless), bob johnson, reginald lewis, and even magic johnson, who made the majority of his wealth off the court. however, regarding the comment by the FB user regarding racism. calling out obvious lapses in something as insignificant as this article is not an attempt to force-feed political correctness, but only to offer the writer a suggestion of balance and depth. most of us can name the ones listed off the top of our heads. and, excuse me, but the trumpster was born with a silver spoon in his mouth, and probably paid homeless men and women pennies for their collection finds.
Married to their first spouses and spending a lot of time with their kids. Most of these guys sacrificed their families along the way, and I've read books on a few of them. They all say they wish they'd spent more time with their kids. My income is very modest, but I spend every evening with my wife and kids. I'm more wealthy with happiness than any of these knuckleheads, and must be smarter to have forseen and avoided the regret. You only go around once and it's pathetic to measure a person by their money.
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