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Young Bucks: How to Raise a Future Millionaire Hardcover – November 13, 2007
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A few things I think need mentioning. First, not all people are entrapreneur material. And people who are often are without any overt help from their parents. Some kids are leaders, others not. Second, don't underestimate the amount of effort it takes for a parent to set their child up in a business, unless your child is already a teenager. My son, age 8, is eager to sell candy bars, one of the businesses Dunn lists in this book. But the majority of the legwork has to be done by MOM. It's not hard to see why one might rather give them an allowance.
This book is not thorough. Three chapters were business ideas, which made me wonder why break them into chapters. Dunn does not go into depth on spending money effectively, which is a major part of how wealthy you actually become. Also, Dunn mentions a website for young entrapreneurs, but when I looked it up, there was nothing there except a place to enter my e-mail addy. Maybe I need to look at it again, but I was mystified when I tried to find it.
My only other small peeve is the wording of the sub-title. Why not, "How to raise enterprising, money-smart kids" or something similar. The money is not the thing. If I hadn't seen Troy Dunn on tv, I probably wouldn't have picked the book, seeing the sub-title.
Overall, not a bad book, but not my favorite on the subject. "The Millionaire Mind" and "Rich Dad, Poor Dad" are better.
The critical skills that you learn by being self employed are life changing-however, be careful about stressing the money part. Money can be a byproduct of the effort it takes to operate your own business-but the real satisfaction comes from being able to be your own boss. Not working for the MAN is worth a lot. Self determination is worth a lot. But the tightrope that you walk as an entrepreneur is not for everyone. The American government's tax policy doesn't make it any easier!
Teach your kids how to handle failure. Teach them how to take calculated risks with career and money. Success comes to those that work smart and hard, not just hard.
Daphne A. Nowell, author
Juana Meets Gabriel, the Small Business Angel (Business Angel Books) (Business Angel Books)
Most Recent Customer Reviews
He challenges parents to push their children into financial wisdom at early ages, he delivers information that even though failure your child has use their confidence,... Read morePublished 11 months ago by jsweety
I haven't read it yet, but my 11 and 9 year old have read it multiple times. They must have gotten something good out of it because they made $24 selling a handful of pencil... Read morePublished 13 months ago by M. Curtiss
Easy reading. Informative.
I've recommend this book to many
Wish my parent could have had this book/plan
When I was growing up. Read more
My grandson put me onto this book. Good choice. It inspired me into action. See "b00hfkpilo" and you'll see why one good book can make a REAL DIFFERENCE.Published on January 2, 2014 by Brian Morris
Enjoyed reading it to my son. Has great resources and facts one can learn from. I highly recommend it for future gifts...Published on February 13, 2013 by Adriana Orozco
Every Parent MUST READ THIS!!! Seriously, if you have children between the age of 4 and 18, this will change their lives and YOUR finances!!Published on January 15, 2013 by Who Dean E.
This book was a good read. If parents would be willing to help - not do - the philosophy that is present in this book, your child will certainly learn a lot about money and what... Read morePublished on August 13, 2012 by pumpkins
This is a great book that teaches kids how to think about money. Kids have some great ideas and this teaches them how to put those ideas to work. Fast shipping from seller.Published on October 20, 2008 by PZAZ