The Gold Digger and The Shovel Seller

In 1848, gold was first discovered by James Marshal somewhere in Sacramento and in May 1848, a store keeper Sutter’s Creek in stirred up people attraction by brandished a bottle filled with gold dust around San Francisco.

Gold seeker all over USA rushed to San Francisco to seek their fortune. In spring 1949, there were about 30,000 people gathered at the launch point. By December 1949, there were about 100,000 people staying in the then called Yerba Buena (San Franscisco) when in April 1947 census, a town consist only 79 buildings of various structures.

How many of these hundreds of thousand people stroke gold and got rich, there is not much account on this, but there were some people who had the entrepreneurial spirit did not join the herd. These people saw  instead saw the need of providing needed services and tools to the gold seekers. Some started selling shovel, barrel and other tools; jeans was reported to be created during the Gold Rush Era. Other started providing services like salon, bar, lodging house etc,etc.

These are the people who are able to step one step backward and see the real opportunity thus who are able to make the real money consistently regardless of who found the gold!

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