Having discussed ‘luck’ and ‘right time - right place’ a number of doubters will comment that anyone could sell ‘that product’ offered by the successful entreprenuer.

Industry sector can play a huge part in the success of entrepreneurs. Take away from that factors relating to timing and recessions and one can see that Jack Cohen’s move to grocery stores was a winner after the discovery of refrigeration. Enabling the public to access their daily needs and therefore work, spend more time at leisureand not have to source the need than before.

In the 1970’s hyper inflation and rising property prices enabled any property developer to make money just by sitting on their property and holding it for a considerable length of time. Easy access to credit facilities fuelled this.

So we move onto discussing other industries and a survey of self-made entrepreneurs proved in the UK, being within the finance industry created more millionnaires than other industries. This is somewhat disturbing as it would mean basic needs have to be imported and the UK population will be reactionary to exchange controls and fluctuations as well as any shortages of supply. (Eg. European supply of covid vaccines)

Governments ignore this and the basic manufacturing industries in the UK were lost post 1980.

Entrepreneurs turned their backs to this route to success.