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Comment by weakened_malloc

8 hours ago

In Australia one of the most common paths to wealth outside of owning property is literally taking up a trade as an apprentice, then after a couple of years beginning your own plumbing/electrician/brick laying/etc business.

That's still very highly celebrated. Interestingly enough, people with Mediterranean backgrounds also feel this way (there's lots of crossover here btw).

Owning your own business is one of the best things one can do in that culture. There's a story in a Taleb book about a Lebanese (I think?) man who went on to become one of the execs at Mobil or some other oil company, and his mother was still disappointed that he didn't own his own company.

Europe is obviously full of sole proprietor tradesmen, shop and restaurant owners etc. It's completely orthogonal to the apparent shortage of VC-funded startup unicorn hustle culture.