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The article also stated the helping hand offered by parents of these successful entrepreneurs. For example, for Bill Gates, his mother introduced him to IBM executives, which led to the deal for his first operating system. In the case of Jeff Bezos, his parents became the early investors for Amazon. Even Elon Musk has a wealthy background that helped him make his way through the industry. For Mark Zuckerberg, Michael Dell, and Phil Knight, their parents either loaned them money or offered help. ALSO READ:  Study: Family background, crucial for startups The study conducted among Israeli entrepreneurs between ages 25 and 35 revealed that the most critical factor in starting up a business is the family money or background.

United statesMichael dellElon muskPhil knightBill gatesJeff bezosJuliam cameronMark zuckerbergUniversity of californiaEven elon muskSara blakelyMom hasReading aloudEffective wayBuilding academicFamily background is crucial for startups