How to Raise a Millionaire

by James, Ann Morgan; Coffey, Kevin

• ISBN13: 9781614482468
• ISBN10: 1614482462
• Format: Paperback
• Copyright: 2012-04-24
• Publisher: Morgan James Pub

Summary

How to Raise a Millionaire is the ultimate parent's guide to increase confidence and foster bully-proof self esteem in any kid. How to Raise a Millionaire provides a unique action plan to help any kid start their own business in 5 days and in the process teach them the secret, the six millionaire skills every successful person knows: Dream It, Believe It, Love It, Work It, Own It, and Give It. It also includes simple everyday tips to help parents raise a capable kid. Through the teaching tools of entrepreneurship your kid will learn to be more responsible, follow directions better and you'll see them grow in ways you never expected. They will learn to dream outside the box, believe they can do anything they put their minds to, have passion for their goals, work hard to achieve what they want, take responsibility for their actions and the consequences and have compassion for others. In How to Raise a Millionaire Ann tells us the story of how she did it and the results she saw in her son Jack. There are plenty of great books out there about kids and business. How to Raise a Millionaire goes beyond the why and shows you how. It is practical, easy and fun. You'll be amazed at how something as simple as helping your child start their own business can permanently open up possibilities they never knew existed. How to Raise a Millionaire teaches you how to become your kid's Trusted Advisor. It can transform your relationship. It will be the best 1 hour a week you will ever spend! "I grew up on, 'You have to work hard for money'. Ann's book teaches anyone, entreprenur or not, how to help their kid start a business. This is something every kid should know. It should be taught in our schools, but it isn't. This kind of real world advise will help you set your kid up to succeed in life no matter what the economy looks like. Ann's simple approach is brilliant. Finally, we can start changing our kid's conversation with money and success," -- Loral Langemeier, Author of The Millionaire Maker, Wealth Specialist and Dynamic Speaker Things Kids Will Learn: - Confidence without cockiness - The word No is a part of business. "No" from a customer means "Not today" - How to save a portion of what they make so they can expand their business - How to talk to adults with respect and their head held high And Much More!

Table of Contents

Our Own Backyard	p. xxi
Our Changing Economy	p. xxi
What Millionaires Have in Common	p. xxv
The Title of this Book	p. xxix
Jack's Book	p. xxx
Why Raise a Kid Entrepreneur?	p. 1
The Information Age	p. 1
Paths to Success	p. 2
The Greatest Lies You Will Tell Yourself	p. 6
Bully-proofing Self-esteem and Handling Rejection Are Just Parts of Life	p. 8
Teaching How to Not Take Rejection Personally	p. 14
Teaching Confidence without Being Cocky	p. 16
Teaching Responsibility	p. 19
Teaching How to Talk to Adults	p. 22
Teaching Kids How to Ask	p. 26
Learning How to Save and Reinvest Profits	p. 30
What is involved in running a business?	p. 33
Changing Your Kids' Conversations with Money	p. 34
The Art of Persistence	p. 38
Why the Hood?	p. 40
How We Did It	p. 41
Encouraging Your Child to Start a Business	p. 41
Ready, Set, Market!	p. 44
Marketing at Every Opportunity	p. 48
Teaching Accounting	p. 50
Service Delivery and Execution	p. 52
Teaching How to Ask	p. 54
The Fast Start Action Guide	p. 61
The Results	p. 63
My Passion, Lessons, and Goals	p. 63
Millionaire Skill #1: Dream It	p. 65
Goal Setting is the First Step to Dreaming It	p. 68
Millionaire Skill #2: Believe It	p. 71
Self-esteem and Confidence is Believing in Yourself	p. 77
Learning Marketing Cadence	p. 79
Building Confidence and Self-esteem	p. 80
Millionaire Skill #3: Love It	p. 81
Millionaire Skill #4: Work It	p. 83
Teaching Your Kids How to Shake Hands	p. 85
Teaching How to Make Eye Contact	p. 87
Teaching How to Speak with Confidence	p. 87
Millionaire Skill #5: Own It	p. 89
Creating a Safe Place to Fail	p. 90
Crossing the Cultural Divide	p. 92
Understanding How to Save	p. 94
Millionaire Skill #6: Give It	p. 95
More Benefits Than You Can Imagine	p. 99
Gross Grows, Dogs Poop, and the Garbage Man Cometh!	p. 101
Picking the Right Business for the Right Reason	p. 101
Creating a Cash Machine	p. 102
Diversifying Your Kid	p. 105
Under Promise and Over Deliver	p. 106
Factors to Consider When Starting a Business	p. 107
Embracing Your New Relationship with Your Kid	p. 109
Five Practical Business Skills	p. 111
What Kids Need to Know and How to Teach It	p. 111
Business Skill #1: Marketing and Sales	p. 114
Marketing with Flyers	p. 122
Business Skill #2: Accounting	p. 123
Business Skill #3: Execution	p. 125
Business Skill #4: Customer Service	p. 126
Business Skill #5: Follow-up	p. 128
Things to Keep in Mind Before You Start the Plan	p. 131
Don't say "Don't!"	p. 136
Pushin' the positive every chance I get	p. 139
Five Days from Ordinary to Extraordinary	p. 141
What Is Your Timeframe?	p. 141
Day #1: Time to Pick a Horse	p. 142
Four Easy Steps	p. 145
Day #2: Set Up Your Marketing	p. 147
Day #3: Begin Your Sales	p. 150
Day #4: Set Up Accounting	p. 152
Day #5: Execute	p. 156
Some Final Thoughts	p. 159
When I Was a Kid	p. 159
Parental Arsenal	p. 160
The Power of Consequence	p. 163
The Delicate Dance: When should their voice be heard?	p. 165
The Socrates Connection	p. 166
Was It Safer Then?	p. 168
Conclusion	p. 170
About the Author	p. 173
Resources	p. 175
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