The old tale of “rags to riches” needs a reality check. We’ve all heard stories of people starting with nothing and ending up with everything, but those stories are the exception, not the rule.

The Horatio Alger theory tales the story ofpoor kids making it big through sheer determination and goodness. These tales painted a picture of success where hard work was all you needed. But life isn’t always that simple.

Today, we still see echoes of Horatio Alger’s myth. Entrepreneurship is glamorized, and social media flaunts flashy lifestyles that make wealth look easy. But the truth is, success is more than just hard work. It’s about being prepared, having opportunities, support, and yes, faith.

We’re not saying don’t dream big. Dreaming is important. But let’s be honest about how success happens in the modern world. It’s not about quick fixes or overnight riches. It’s about building wealth over time, honing skills, and making smart choices.

As leaders, it’s our job to tell the real stories of success—the ones with ups and downs. That’s how new generations can set achievable goals and avoid burning out chasing myths. Let’s teach them the value of honest, ethical work and the importance of sustainability and community.

So, let’s retire the old myth of Horatio Alger and embrace a new narrative—one focused on steady growth, community, and personal development. With clear-sighted goals and hard work, anyone can achieve their version of the American Dream.