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We have discussed the traits of millionaires and high net worth individuals ad nauseum on this forum. Every study on the high net worth segment of the population and millionaires/billionares cohorts show that most (>90%) are self made. As an example, one seminal but outdated work on this...

Agreed, rather than treating the rich as tall poppies or being resentful, I am aspiring to join the rich people, the 1%, the 5m plus net worth so that I too can do more for myself and the community. Just 2m away. It is best to be rich and happy.

The rules and regulations in Australia make it very difficult to conduct small business. Government taxes and industrial regulations legislation are quite crippling. All we can hope to do is to lift our prices and volumes and pass it back on to the customer, if possible.