Actually, that's not what he said at all. He said a business's success has less to do with the vision, commitment, and a en of the entrepreneur than with all the help he received to be successful.
Of course, the successful business owner probably invested his entire wealth in starting that business and also probably has more sweat equity invested in it than anyone could imagine.
Everyone else -- all those other people to who the President is referring only helped because of the promise of a return that exceeded the value of their contribution. Investors want a return in dividends and shared profits, employees want a return in wages and benefits, and customers want a value for their dollar.
Investors, employees, and customers don't cause a business to be successful, they gravitate to successful businesses.
So, no, I reject the premise the successful business owner didn't do it himself. He's the only reason the business is successful. If not for him, no investor, no employee, no customer would be attracted to what he's offering.
Obama is an idiot.