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How "Everywhere Millionaires" get rich through boring businesses, not Silicon Valley startups

This article previews Owen Zidar and Eric Zwick's forthcoming book "The Everywhere Millionaire," which profiles entrepreneurs who build wealth through unglamorous, mundane businesses (like gutter sales, toilet paper distribution, and quiche-making) rather than the high-tech, world-changing ventures typical of Silicon Valley. These millionaires operate in plain sight, pursuing boring industries with relentless determination until they become wealthy.

The Economist8d ago2 min readenNews
Read on econ.st

Key quotes

They find something boring, often catatonically so, then pursue it with star-spangled doggedness until they become rich.
A typical character sells gutters in Texas. Another distributes toilet paper in New Jersey.
One woman in California began baking quiches for her own parties and simply did not stop. Two decades later she was making more than a million quiches a day and owned a yacht.

From the article

They hide in plain sight—and wield enormous power
Continue reading on econ.st

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