There is one who brings money from socks. The entertaining family game show Yebeteseb Chewata season 18 episode 22. Many entrepreneurs grew up impoverished. Andrew Carnegie went from a “bobbin boy,” a child laborer in a textile mill, to one of the richest men to ever live in the United States. By contrast, J. P. Morgan sampled all the luxuries of his era in his youth, and his successful father arranged for his first job. He, too, amassed one of the largest fortunes in the history of the United States.
Some families even have a tradition of entrepreneurship. John W. Nordstrom started a Seattle shoe store in 1902 after his adventures in the Klondike gold mines. His three sons expanded the operation into the country’s largest independently owned shoe store chain.
The next generation, John, Jim, and Bruce Nordstrom, took the company public as one of the most successful and admired clothing and shoe stores anywhere.
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