A recent list of self-made millionaires from Britain caused a bit of conversation as the result was only 2 of the top 25 had a college or university degree.
Those making the list were from diverse vocations, as they included hairdressers, chefs, mechanics, fashion students, musicians, engineers and plumbers, among others.
The major background for the majority making the list were workplace apprenticeships and vocational training. The list was based upon those that came from poor or humble backgrounds and worked their way to the top.
The number of people on the list who took apprenticeships didn't surprise Philip Beresford, the list's compiler, who said, “The apprenticeship is still very heavily rooted in Scotland. They don’t have the Eton and Oxbridge syndrome and they don’t have the Del boy get-rich-quick mentality. It fits in with the Gordon Brown mould of raising yourself by your boot straps through hard work.”
John Caudwell Tops List of British Self-Made Millionaires
The director-general of City & Guilds, Chris Humphries added that the results of the list suggests that the country needs to take a strong look at work-related training.
If you've ever studied the history of business in general, many of those very successful worked as apprentices to entrepreneurs. It's done in different ways in different countries, but is definitely one of the ways that many people have built up a lot of wealth.
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