Raise Good Human Beings into Billionaires: Response to Charles Tips
If you’re asking how to run a business, you’re not fit.
I recently had a VC tell me nobody can tell you how to develop a business, that’s up to you to decide. Then as the time goes, its up to all the internal components of that business to decide whether or not it will succeed. Your child is that business and if you’re asking how to raise him/her to be a billionaire, here’s why you may not be fit to achieve that mission.
Charles Tip answered the wrong question, and although I agree with a number of his points on the Quora thread of how to raise billionaire children, I disagree with the intent.
As I wrote in my earlier piece, “Entrepreneurial Advice Nobody Gives You”, entrepreneurs have to care about people and appropriately pursue solutions to real problems of those very real people.
There’s No Formula: Simply Raise Good Human Beings
Coming up with my little sister and single mother, I saw my mother struggling day in and day out. She worked and continues to work a deadend job. My mom never had the time to directly impact the paths I would take, but she indirectly had the greatest impact on my life and because of her, I’ve taken the route I’ve always felt was right, the way of an entrepreneur: the way of those who, as Charles Tips says, don’t want to be working for that guy at that Fortune 500, but to be that guy.
I’ve always wanted to be that guy. That guy has cared about people and their problems. That guy was raised with a reason to be ambitious and a will to that reason. He most likely wasn’t spoon fed everything, he had to work for it all. He had to be raised to see opportunities and capitalize on them. That guy at that Fortune 500 had to understand the needs of the people and find a unique solution to it.
Raise children who care about bettering the quality of life of people and who are not afraid to pursue a new solution to make that happen.
Raise Children Who Know How To Learn
I always preach that knowing it all is not only impossible, but is never an effective method of approaching any situation.