Although my father and I have two different perspectives on Entrepreneurship and Real Estate, he planted the seed in me by always telling me that my long term goal was to work for myself and own at least 2 pieces property. When I entered my teens years he bought and taught my brother and I about stocks. Finally he hired us when he started his business. While my mother worked outside the home she soon became frustrated because she felt that she was not spending enough time with my brother and I. She eventually quit her job and stayed home with us. While we attended public school she use to hold after school sessions with us. As a child I especially did not understand or like doing extra homework assigned by my own mother. Looking back I understand why I now have my own business plus work within my family business and stay at home to raise and home school our son. While my brother works for a business he still has a couple of his own businesses which provide multiple sources of income for his family. He also invested in stocks. So my parents were a blessing and the seeds were planted. We were given the foundation and basic principles when we were younger and eventually added to what we were taught.
Today we are raising our son to be self sufficient and financially independent. At age of 3 he is always pulling out his business or bank cards and has asked me to help him create his own website. This might sound unbelievable but it is true and normal, meaning that working to be independently wealthy is all that he knows since he received is first gift at 5 days old which was a baby sterling silver rattle. He sees his father restoring furniture and his mother working on websites. He is interested more in what we are doing than playing with toys. He would rather use the computer mouse to look at different antiques. The toys that he does have are antiques such as trains and fire engines. It doesn't stop there. We are teaching him to eat healthy; get a sufficient amount of exercise; to speak properly; and in general just to lead a righteous life. One thing that I have not mentioned but the reader may be wondering about is that he is one of the happiest and most loving toddlers on this earth. When he is older, our son will be in control of; land with gardens and fruit trees, several houses without any mortgages, several skills and trades such as restoration of furniture and houses, and houses filled with Antique Furniture, Fine Art, Sterling and Coin Silver, Antique Rugs etc. And by the time he is 13 he will own at least one company. He also is learning 3 languages. We have given him the tools to continue the Legacy that was created for him.
When my niece was 4 she asked one day if she could have $1.00. I asked her what was the $1.00 for. She said that she wanted to get some ice cream. I told her that if she bought the ice cream that she would no longer have her dollar but if she invested it then she would have the dollar plus extra money from whatever she invested in. Today at the tender age of 8 years old she has a positive net worth from Sterling and Coin Silver and Fine Art.
The challenge for this week is to get your children involved and interested in a journey to Riches, Wealth, and Prosperity. For example take him or her to the Metropolitan museum or give him or her a book or magazine on Antiques, Fine Art etc. For those that may not have children do the above for someone else’s child or children. I am not saying to actively go out and do this, just be an example. Children are very smart and impressionable. If they show interest feed their curiosity. Have a blessed and prosperous rest of the week.