Tom Hanks Suggests Hollywood Nepotism Has Limits

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Tom, 66, told Entertainment Tonight at the NYC premiere of A Man Called Otto that "the shoe industry is a family business." Truman Hanks plays a younger Otto.

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"In the end, the person must show up, hit the targets, and be honest.

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Tom added, "It was fully up to him." Success is "a combination of aptitude, determination, drive and no small degree of luck.""

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Tom addressed Hollywood nepotism this month.

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Tom stated that "this is what we've been doing since the beginning of time."

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Tom told PEOPLE about working with his son, whom he shares with Rita Wilson, on the film on Monday.

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