Why are Gujaratis so successful?

If we think on similar lines, why Jewish are successful entrepreneurs?

I see a combination of two factors - Painful History + Societal support.

Painful history = A particular region after multiple natural, man made calamities learnt the survival instinct. Gujarat, suffered immensely from earthquakes, plagues and partition.

Societal support = Entrepreneurship is a positive word in GJ, unlike in some regions of the country where businessmen is projected in negative light always. Pick any 70-80s Bollywood movie, you’ll notice Sethji/Lalaji in bad light. Poverty porn was real in India. Some rulers (pre independence) promoted trades and it became a mainstream thing.

Marwaris, Parsis, Chettiars, Sindhis, Reddys, Punjabis crying in corner 😭

Business minded people

Most ghaplebaaz are also Gujrati literally take out list of biggest financial period for any period any type of fraud you’ll find Gujjus more prominent.

Plus they excel at lobbying and government based businesses any IT company founded by Gujjus? All are ports infra energy diamond (forex/hawala) and other shady aligned businesses.

As a Gujarati, I think I understand the reason. After completing B.Tech from a reputed college I was asked by my cousins to join their business. The business was completely unrelated to my engineering course so I politely declined. I wanted to explore more in the domain I had studied in. Fast forward a few years and I had completed my MBA after gathering some work ex. I was given back the same offer and again having a well paying job, I declined.
But I was a rare case. Apart from CS engineers, very few gujjus from financially stable families like doing a job. Most of my classmates from 10th, 12th & cllg are now either in family business or have started something new of their own. A friend of mine completed MBA from a tier 1 cllg and didn't join a FMCG sales role to start his own tyre rubber recycling company. Ofcourse not everyone is doing as well, but their families still support them, no matter what they make. Matter of fact, in my society it doesn't matter if my CTC is 20, 30 or 50 lpa. Ghar no dhandho toh nathi ne? (Doesn't have his own business?) is the main question they ask 😂

Generally they are known to have strong business acumen and have a long-standing tradition of trade and commerce.

Combine that with hard work, resilience, and close-knit community support, no surprise they’ve seen success.

Because when they start a business it's like they're just doing whatever their ancestors used to do. And it's normal for them. Like nothing.

I come from a marathi family so I will be speaking for maharastrians only, if I start startup, everyone will be like "He kay karat baslas kahi kaam bim kr" (translation: what rubbish are you doing, do something which is valuable) because if a gujarati starts selling masalas he will be praised in his family and if I sell masalas my family will literally lie and say that I started software company 🥲😅 (happened with my cousin 🤣 bro's parents were literally disappointed with him)

As being from marathi family and literally every family and community (not just mine but every community) in Maharashtra thinks that business is boon. We Maharashtrians beleive in positions which have power like politics or gormint job because we tend to have strong verbal skills. Everything else is bs for us. If I say I want to join politics people will start clapping for me. And if I say I say I want to do gormint job not even preparing before even I start preparing, ladkiyo ke maa baap unko 7th or 9th class se hi mere liye tayar karke rakhte hai "Abhi padhai puri karlo, fir BA VA karlena, wo patil ka beta Saheb banne wala hai usse shadi karlena" same with politics but if I become nagarsevak or something.

If I say I'm starting a startup or even if I am successful, like worth $100 million they'll be like to their girls "Aaj shaadi me jari ho, yaad rakhna wo patil ke bete se duur rehna, koi startup vartup shuru kiya hai usne" Same cheez gujrati me nahi hoti, they join or start a family business. It will be really really normal for them, if I am a gujarati and I say I started a startup no one will be surprised as it is just their tradition.

PS I am not playing victim card. It just how families and support systems work in different communities.

Family values

Community strength. They support one another within the community first, them language, then comes country. Same with Punjabi.

@TheExterminator Billionaires are outliers. Let's expand sample sizes to millionaires.
There are business communities in different states which are all very prosperous but also have very high poverty ratios. All of these communities, incl Gujjus optimize heavily on the monetary aspect and they get successful in that.

In the Hindi belt, people optimize on agriculture and Govt services so among IAS, IPS; you will find disproportionately high representation from Bihar etc.

In southern states (MH & south), people have optimised on services, technical industries, education, so in US, you will find lot of Telugus, Tamil and even Marathis everywhere.