Post
Topic
Board Economics
Re: Financial Advice for a young millionaire
by
fauzan Ichsan
on 20/06/2024, 03:52:21 UTC
Does those child not have other close relatives such as uncles or aunts? Usually those who are born as sole heirs have uncles or aunts who always stick to their parents' business and that often happens, I'm confused about what advice to give to that child, if he has good close relatives then he can continue the business he inherited his father but if he has evil relatives, he would be better off selling the business and going to college.
If someone has inherited a business from their parents, of course they will be able to manage it easily if they are ready to manage the business their parents inherited and if they are not ready to manage a business, I think they can learn about the business so they can manage it well. be kind and don't waste what his parents have inherited from him because it would be very detrimental if they squandered what his parents have inherited from him, for now it will be very difficult to choose people who we can entrust to be able to run a business and it will indeed be better well, we manage as best we can and continue to study well what we can do to make the business continue to grow.
People are only with the winners and nobody like poor persons and nobody help poor persons. I think, a person should start work in teenage because in this age if he lift the responsibility of his family,he will be successful in his life. I saw many person who earned a lot of money and they were top in society abc their lifestyle was of rich people and they enjoyed all luxuries of life and in old age they lose everything and they lose thousands of dollars in business. At that time ,their family should support them but at that time their wives took divorce from court . If you have no body will accept you if you are black person but if have money and you are super black, everyone will be attracted to you. That is reality of life.
It's the same as the culture in my country where if we are poor it's as if we don't have any relatives, but if we are successful and rich, many people will admit that we are their best brothers. From that, the most powerful thing is money, which can enslave people. Currently, it is not surprising that many people are still young but become rich, because there are many ways that can be taken, but it does require luck to get it.