Teaching The Little Ones To Fish
I look at C and ask myself: How do I teach her about money philosophy? Forget philosophy. How do I teach her about money? It looks like such a daunting task. Can it be taught? I decided I would tell her stories.
Stories of the childhood of entrepreneurs always fascinated me. There was always this one fateful episode that would alter their path, make them entrepreneurs and lead them to untold riches – a parent’s influence, a disadvantage, an early realization that it is money which makes the world go round, and that they have got to have it on their side.
JOHN GOKONGWEI
John Gokongwei belonged to a family of rich migrants. He had it all as a kid. He was such a gallant young man that there were days when he would treat all of his classmates to a movie at the cinema his father owned. But at 13, his father died and he lost it all.