1978. Since she also could not afford an education when she was younger and did not speak a lick of English, she was only able to get a job as a seamstress in a sweatshop in Chinatown.
After giving birth to my brother and me, my mother quit her job and became a homemaker for the rest her life. Even though she didn’t bring income into the family, my mother still played a pivotal role in bringing our family out of poverty and into the upper class. She was the support that my father, brother, and I needed to get through each grueling day.
With the support from the entire family, the herbal pharmacy that my father co-founded went on to become one of the most popular herbalist/acupuncturist drugstores in New York City.
Lifehack #3: Realize that you can create wealth from nothing.
Some people doubt that they can become millionaires if they start with nothing. These doubters are either misinformed or simply making excuses for themselves for not trying harder. By doubting that they can become anything more than their peers can, they are doing themselves a disservice by not even taking a chance at success.
My father’s story is proof that you can come from nothing and still make a decent living. And even during the great global recession of 2008, I was still able to make my first million dollars with only an investment of a hundred dollars or so. So, circumstance is not the deciding factor in your personal enrichment.
And there are many other success stories about people coming from poverty and making it. Eminem was raised in a trailer park. He is now a multimillionaire rapper, record producer, songwriter, and actor.
John Paul DeJoria had a pretty rough beginning as well. His parents divorced when he was two, and he sold Christmas cards and newspapers to support his family before he was even 10. He even became an L.A. gang member before he joined the military. He later took a $700 loan and created the John Paul Mitchell Systems. While living out of his car, he sold his company’s shampoo door-to-door. His system now makes around $900 million annually.
Guy Laliberté used to eat fire and walk on stilts in the streets of Quebec. He later founded Cirque du Soleil and became a multi-billionaire.
Oprah Winfrey was living with her grandmother wearing dresses made out of potato sacks until the age of 6. She was later sexually assaulted by two members of her family and a family friend. That forced her to run away from home at age 13. When she was 14, she became pregnant and gave birth to her son, who died shortly afterwards. She later got a full scholarship to college, won a beauty pageant, and got discovered by a radio station. She later became the first female African-American billionaire.
According to his biography, Sam Walton used to live in a farm in Oklahoma during the Great Depression. He helped his family out by milking the cow and delivering the milk to the customers. He also sold magazine subscriptions and delivered newspapers. By the time he was 26, he was managing a variety store. He later took a loan from his father-in-law to buy a Ben Franklin variety store in Arkansas. He expanded his store into a chain, and later went on to create Wal-Mart and Sam’s Club.
Ingvar Kamprad also lived in a farm growing up. While growing up in Sweden, he used to buy matches in bulk from Stockholm and sell them to his neighbors. He realized that he could start selling other things. So, he started selling fish, Christmas decorations, and pens. He later took money from his father to create a mail-order business. Furniture was his company’s biggest seller, and he used local manufacturers to keep prices low. His company, IKEA, later became a multibillion dollar business. The name IKEA came from his initials along with the initials of his village and family farm.
Also from Europe, Leonardo Del Vecchio was given up by his widowed mother to an orphanage, because his mother could no longer support him. As an orphan, he worked in a