How To Raise Your Kids To Be Billionaires

Lucélia Ribeiro





Editor's Note: In a recent Quora thread, "What are good ways to prepare my kids to be billionaires?
", Charles Tips responded with the following answer. He is an ex-entrepreneur based in Flower Mound, Texas, with three kids. 

I once had a VC tell mekong delta homestay me that I had come up with more legitimate billion-dollar concepts than anyone he'd ever known. I have friends who went from zero to billionaire status.


So, I feel qualified to give you a straight answer. My answer will assume you want them to have the 
know-how, creativity, and value systems to pull it off on their own.
 Plus, I raised my three sons this way.


Make them aware of the full range of life options.
 I told my sons on a remote beach in NW Australia where the climate is magnificent and you can pull lobsters out of the surf two at a time: Build a grass shack. Find a good woman. mekong delta homestay tour You're set.

At the other end, how did that guy build his love of crafting musical instruments into a $100 million business? Take the mystery out of the steps it takes. The world abounds with opportunity to lead whatever life you want, but you have to demystify, demystify, demystify homestay mekong delta vietnam for them to be able to see what makes businesses go.

Do NOT send them to public school NOR to the prep schools that are just our public schools on steroids.
 If you want conventional minds, get them a conventional education. Our oldest started working professionally at age 12. He skipped high school to work. He worked at a corporate branding company in SF, Media Gulch. He did at least one project a year with an itinerant filmmaker.