Young Bucks: How to Raise a Future Millionaire (Hardcover)

by Troy Dunn (Author)
Key Phrases: future millionaire, Bill Gates, Santa Claus, Gopher Girl (more...)

Editorial Reviews

Product Description

Young Bucks: How to Raise a Future Millionaire is on the cusp of an important new way of understanding how we earn, keep, and spend money. It is a straightforward, practical, and entertaining manual that debunks a number of parenting myths that work against financial independence, such as allowances. This book also teaches parents how to identify the entrepreneurial skills that, to some degree, every child has and guides them to strengthen those skills.

A self-made millionaire and father of seven, Troy Dunn gives you practical templates for easy, kid-friendly businesses that you can introduce to your children so that they can start earning their own money quickly.

Young Buck$ includes everything Dunn has learned during his very successful business career as an entrepreneur and in his work with thousands of young people seeking business guidance. It features chapters on age-appropriate, step-by-step action plans for you to help your children find and implement great money-making ideas. Additional chapters explain what schemes you should avoid, how to spot business scams, why lotteries are a terrible place to put your money, why it's good for kids to invest in the stock market, and practical advice on the legal aspects of owning a business.

Troy Dunn is a self-made millionaire. He is a successful businessman and public speaker, radio host, and writer on the subject of financial success and personal happiness. For his business venture dedicated to reuniting separated friends and family, Troy was considered for more than a decade one of the most frequently seen guest experts on national television. After thirteen years of building and running that company, Troy sold it for undisclosed millions, freeing him to focus on his passion for assisting other organizations. He now consults four corporate clients a year in motivating their own management teams in leadership, overcoming obstacles, team-building, and guerrilla marketing and in major media manipulation, strategy, and results. Troy married his high-school sweetheart, Jennifer, and together they are raising seven beautiful children.

Product Details

• Hardcover: 160 pages
• Publisher: Thomas Nelson (November 13, 2007)
• Language: English
• ISBN-10: 0785221859
• ISBN-13: 978-0785221852
• Product Dimensions: 8.4 x 5.6 x 0.6 inches
• Shipping Weight: 9.9 ounces (View shipping rates and policies)
• Average Customer Review: 4.6 out of 5 stars See all reviews (8 customer reviews)
• Amazon.com Sales Rank: #128,084 in Books (See Bestsellers in Books)

Customer Reviews

Most Helpful Customer Reviews

14 of 14 people found the following review helpful:

3.0 out of 5 stars A little light-weight, April 19, 2008

By	D. Cumberland "bookworm mom" (Maryland) - See all my reviews (REAL NAME)

I enjoyed this book and agreed with the principal of teaching your children to be enterprising, not just eventually "get a job", or worse, provide everything they wish. My husband is self-employed. He and his siblings were very entraprenurial as kids and they have all become successful in their ventures as adults.

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.

26 of 31 people found the following review helpful:

5.0 out of 5 stars Excellent Book!!!, December 4, 2007

By	J. Opp (Florida) - See all my reviews (REAL NAME)

It helped remind me of the most important job I have, which is as a father. I truly enjoyed the book and it has motivated me even more about my role as a parent. It has some funny stories much like other Troy Dunn books and CDs. My kids have already started to planning a little for the future then just looking at today.

5 of 5 people found the following review helpful:

5.0 out of 5 stars Handbook for Encouraging Young Entrepreneurs, March 20, 2008

By	Daphne Nowell "Inspiring Entrepreneurs" (Monrovia, CA) - See all my reviews (REAL NAME)

This is one of the best books I have read on how to encourage the young entrepreneur in your family. Troy Dunn should know because six of his seven children are entrepreneurs! The youngest is making $85 per hour baking and selling cookies at soccer games. Troy outlines specific steps for each age group and gives some examples of businesses kids can try. Even though the sub-title is "how to raise a future millionaire", Troy stresses it is not all about the money. He wants kids to experience the excitement of using their natural talents and the fun of being the boss.

Daphne A. Nowell, author
Juana Meets Gabriel, the Small Business Angel (Business Angel Books) (Business Angel Books)