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bik0 Donating Member (429 posts) Send PM | Profile | Ignore Thu May-20-10 02:44 PM
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These billionaires went from rags to richest
Some people are born into poverty or some negative environment and proceed to create their own destiny...

http://www.msnbc.msn.com/id/37180576/ns/business-forbescom

Five of these 10 inspirational billionaires dropped out of college, and three others never attended. Six were orphaned or given up and raised by foster homes, adoptive parents or relatives. Oracle's Larry Ellison, Apple's Steve Jobs and Oprah Winfrey were all born to teenage mothers. Winfrey moved to live with relatives in Wisconsin where she says she was sexually abused as an adolescent, though her rags-to-riches story is under scrutiny following the April release of an unauthorized biography by Kitty Kelley. Winfrey’s office would not comment, but the billionaire dismissed the book at a recent awards ceremony, calling it a “so-called biography” and adding that “this too shall pass.”

Ellison was adopted and raised by his aunt and uncle and later dropped out of college, reportedly after his adoptive mother died. Jobs, who was adopted by a working class couple in California, quit Reed College when he was unable to afford the tuition.

Not finishing school may have positioned these entrepreneurs for later success. Dr. William Baumol, Academic Director for New York University’s Stern School’s Berkley Center for Entrepreneurship & Innovation, believes that’s no accident. “The standard educational approaches tend to destroy creativity and imagination,” he said.

One of the greatest creative minds in entertainment, Laliberte, too, dropped out of college to take on street performing. But don’t quit school just yet. These extreme success stories represent a small percentage of aspiring entrepreneurs.

“Most of the billionaires are from among that group,” Baumol said. “They’ve taken big risks, but happen to be the ones that through intelligence, foresight and luck have been that small subset of the group that breaks through.”

Adds JetBlue Chairman Joel Peterson, who also teaches entrepreneurship at Stanford, successful entrepreneurs "make lots of sacrifices to make it to the end zone.”

http://www.msnbc.msn.com/id/37180576/ns/business-forbescom

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Oregone Donating Member (1000+ posts) Send PM | Profile | Ignore Thu May-20-10 02:56 PM
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1. "and proceed to create their own destiny"
These very few exceptional, inspirational individuals even figured out how to go back in time and create their own DNA!

Put them in egregious homes for letting the remaining scum at the bottom of the barrel know that we can pretend we can do it too!
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BrklynLiberal Donating Member (1000+ posts) Send PM | Profile | Ignore Thu May-20-10 03:14 PM
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2. “The standard educational approaches tend to destroy creativity and imagination,”
Sad, but very true..
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