Israel leads the world (per capita) in business startups. In pure numbers, Israel has the most business startups of any country in the world, other than the United States.
Israel is second in the world in the number of companies listed on NASDAQ. More than Europe, India, China and Japan combined.
Israel has the 3rd highest rate of female entrepreneurship in the world.
Israel leads the world in patents for medical equipment.
Israel’s citizens have the highest ratio of computers in the world.
Israel’s citizens have the highest ratio of university degrees in the world.
Israel has the highest number of Nobel Prizes (per capita) in the world.
With only 7 million citizens, the Israeli economy is bigger than all her Arab neighbors combined.
Israel is the Hong Kong of the Middle East with a booming economy, even in the middle of a global economic collapse.
Mitt was right. So how can this remarkable success of the Jewish people, one of the tiniest tribes to ever walk the face of the earth, be explained?
Many experts attribute it to a stress on education. Certainly that is partially true. I am a S.O.B. (son of a butcher) who attended Columbia University. My daughter currently attends Harvard, and only days ago was accepted at Oxford. But it’s much more than that.
Other experts cite the closeness of Jewish families. Also true. I’ve been married for 21 years, with 4 children ranging in age from 20 to 4. This is an all-time Las Vegas record.
But the main reason for the out-sized success of the Jewish tribe is our belief in the power of the individual and our willingness to take financial risk. When your entire history is being persecuted, enslaved, tortured, and murdered by governments and tyrants, you learn pretty quickly to do things on your own, to never depend on others to help you.
Jews invented “If it’s to be, it’s up to me.” We became our own bosses, our own doctors, our own bankers. We learned to never trust or depend on government. We learned to never ask for a job- we created our own. We learned to believe in ourselves, and not worry about acceptance or permission from others.
With that kind of a history of persecution, you become pretty darn comfortable with risk. Taking financial risks seems insignificant compared to risking your life to escape corrupt governments, murderous tyrants, and violent mobs. Compared to my grandparents emigrating from Russia and Germany to a strange land called America, without a penny in their pockets, my making an investment in a business startup pales by comparison.
That’s the secret to the amazing success of Israel and Jews around the world. Instead of being politically incorrect and denying the truth, others should be emulating the successful habits and traits of the Jewish people.
Stress education, stay loyal to your family, be your own boss, build your own business, and take risks with your money. And never depend on government for anything. Follow this model, and you too can build a fantastic life.
Mitt Romney told the truth. Instead of getting mad at a politician for being politically incorrect and telling the truth, we should be celebrating him.
Wayne Allyn Root is known as "the Capitalist Evangelist." Wayne’s latest book is "The Power of RELENTLESS.” Wayne is a former Libertarian Vice Presidential nominee, bestselling author, international business speaker, serial entrepreneur and conservative media personality – appearing on over 5,000 interviews in the past five years. Wayne’s web site: ROOTforAmerica.com.