I guess it all depends on the product that you're trying to produce and sell. Lets say you want to be a manufacturer of a new guitar line. If you are able to produce them efficiently and make them last an extremely long time then yes I do believe an individual can rise from rags to riches.
But it's not the same as it was a hundred years ago. Nowadays we're running out of certain resources and that holds a great problem depending on what you're trying to sell. The more you have the less you can sell it for. The less you have, the price begins to range higher.
It is not really hard to start a business. The key factor in it is how you're able to get your product(s) out there in the world so you can make profit. The world works in weird ways all the time.
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