American Dream Success
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Living the American Dream - Pooja Mahajan - TEDxGreenville
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Dejora has expanded into other avenues as well, including tequila giant Patron, and is a founding partner of the House of Blues nightclub chain. Like many rappers, Jay-Z -- real name Shawn Corey Carter -- rose to success from a hardscrabble upbringing. Raised in a Brooklyn housing project, his local notoriety as a freestyle rapper gained enough of a following that he decided to try his hand at a professional recording. Rejected by major labels, however, he and two partners founded the independent label Roc-A-Fella Records in Say what you will about Schwarzenegger and his many incarnations, there's no denying that he rose to worldwide fame from very humble beginnings -- that he went from 'roids to riches. Born in a small Austrian village, the future Terminator star had a rough childhood, including claims of physical abuse by his father.
He had set moving to America as a goal and, as a competitive bodybuilder, had the chance to make that move in His success as a muscled poser led to endorsement deals, a book for would-be bodybuilders and being featured in an influential documentary about the sport, Pumping Iron. Bit movie parts followed, with a big break coming in the lead role of 's Conan the Barbarian. Even greater success came with the release of The Terminator. A steady slate of action and comedy films, many of them huge hits, followed. In , Schwarzenegger was elected through a recall election as governor of California and later was re-elected to a final term that expired in January. An offensive lineman for the Baltimore Ravens, Oher's early life was chronicled in the hit Sandra Bullock movie The Blind Side , based on Michael Lewis' best-selling book of the same name.
Born in Memphis to a family of 12, Oher's mother was a crack cocaine addict and his father was in and out of prison. His early life alternated between homelessness and foster homes. In , while a student at Briarcrest Christian School in Mephis, he was invited into the home of Leigh and Sean Tuohy -- parents of two of Oher's classmates -- and they later legally adopted him.
Their support helped the young man parlay his football skills into a scholarship at the University of Mississippi. A standout player in college, he was drafted by the Ravens in the first round of the NFL's draft. His life story dramatically retold in the Will Smith movie The Pursuit of Happyness , Gardner was raised by a single mother but forced from his home as a young man as a result of her bad relationship with an abusive boyfriend.
At one point he was placed in a foster home after his mother was arrested and convicted of trying to kill her boyfriend by setting fire to his house. Later Gardner joined the Navy and, working as a medical supply salesman, married and had a child. Fatefully, after seeing a well-dressed man in a sporty Ferrari, Gardner asked what he did for a living. The man, Bob Bridges, answered that he was a stockbroker and offered to help Gardner with interviews for training programs at some of New York's largest brokerage houses. He was accepted into a training program at E. Hutton, but his spate of bad luck returned quickly.
The man who hired him was fired and the program was no longer open to him. He returned home to discover that his wife had left him. Gardner was able to earn a position in the training program at Dean Witter Reynolds, pass the licensing exam and be offered a position by Bear Stearns in San Francisco. But he was still destitute and homeless, forced to work the job by day and at night, after getting his son from day care, search for a hot meal and safe place to sleep. He later was admitted to a homeless shelter and, throughout the ordeal, never let on to his co-workers that his personal life was in such dire straits. By Amanda Breen September 20, Courtesy of Pricklee. Continue reading this article -- and everything on Entrepreneur! Subscribe now.
More About Success Stories. Entrepreneur Staff Oct 7, Dan Bova Oct 5, Growth Strategies. Cindy Constable Sep 25, Latest on Entrepreneur. Another question in the poll explores whether or not respondents experience stress on a daily basis. In general, Latin Americans experience significantly less stress — and also smile more — on a daily basis than Americans. The gaps between the poor and rich in the US were significantly wider by 1. The gaps between the expectations and sentiments of rich and poor in the US are also greater than in many other countries in east Asia and Europe the other regions studied.
It seems that being poor in a very wealthy and unequal country — which prides itself on being a meritocracy, and eschews social support for those who fall behind — results in especially high levels of stress and desperation. But my research also yielded some surprises. With the low levels of belief in the value of hard work and high levels of stress among poor respondents in the US as a starting point, I compared optimism about the future across poor respondents of different races. This was based on a question in the US Gallup daily poll that asks respondents where they think they will be five years from now on a step life satisfaction ladder.
I found that poor minorities — and particularly black people — were much more optimistic about the future than poor white people. Indeed, poor black respondents were three times as likely to be a point higher up on the optimism ladder than were poor whites, while poor Hispanic people were one and a half times more optimistic than whites. Poor black people were also half as likely as poor whites to experience stress the previous day, while poor Hispanics were only two-thirds as likely as poor whites.
What explains the higher levels of optimism among minorities, who have traditionally faced discrimination and associated challenges? There is no simple answer. One factor is that poor minorities have stronger informal safety nets and social support, such as families and churches, than do their white counterparts. Psychologists also find that minorities are more resilient and much less likely to report depression or commit suicide than are whites in the face of negative shocks, perhaps due to a longer trajectory of dealing with negative shocks and challenges.
Another critical issue is the threat and reality of downward mobility for blue-collar whites, particularly in the heartland of the country where manufacturing, mining, and other jobs have hollowed out. Andrew Cherlin of Johns Hopkins University finds that poor black and Hispanic people are much more likely than poor white people to report that they live better than their parents did. Poor whites are more likely to say they live worse than their parents did; they, in particular, seem to be living the erosion of the American dream.
Why does this matter? My research from a decade ago — since confirmed by other studies — found that individuals who were optimistic about their futures tended to have better health and employment outcomes. Those who believe in their futures tend to invest in those futures, while those who are consumed with stress, daily struggles and a lack of hope, not only have less means to make such investments, but also have much less confidence that they will pay off.
