Wednesday, February 20, 2008

My Next Reading Project

I listened to the latest Glenn and Helen Show where they talk to Troy Dunn, author of "Young Bucks: How to Raise a Future Millionaire". It focuses on how to turn your children's passions into businesses so they learn to make money for themselves instead of relying on you.

One example that jumped out: A mother complained to the author that her daughter just wanted to sit and hang out on MySpace all the time. The author worked with the daughter a bit and helped her set up a business where she maintains MySpace pages for various businesses that have pages, but don't known how to maintain them. She charges them $100 a month, and currently has 11 clients. Suddenly the mom is thrilled that all her daughter does is hang out on MySpace all the time.

I don't have the book yet, but I intend to get it. I have to wonder if there isn't some not-so-hidden messages for adults as well. Also interesting is that the author has seven kids, and drops the code-phrase "No other success can compensate for failure in the home".

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