Get rich quick - offline

8 year old worth $900,000 net from businesses he started

And do you think I can borrow $10 from my kid? No!

Here is the link: MetroNews.ca/trump-in-the-making

The article compares him to Trump, but I think this is way beyond Trump, more in Warren Buffett's league. He got going really early also.

His dream right now is a chuckle. He wants to buy 2 NHL teams so he can play there. Not going the traditional Canadian kid route and playing a lot of hockey, working out, training camps, etc. He's just going to buy his way in.

I took the newspaper article in to work where I deal with a lot of people, left it handy and pointed out the article to about 40 people. Some of the comments were interesting.

One of the handymen started reading it and his partner asked him "What businesses did he get into?" "Lawn mowing and pressure washing." "Those are good. These days everyone wants to be a computer expert. If you get into something like that there's a lot less competition."

This story impressed me and I posted it to a social bookmarking site and a couple of forums. A lot of comments resulted. They ranged from "good for the kid" to "I wonder if it's true," to "it's not true" and finally really negative. "I'd like to punch that little #$*@^ in the face." It went on a bit but if you are filled with hate maybe there is nothing like a kid being smarter than you to set it off.

One comment about this article said "He got other people to do the work." The commenter didn't seem to understand that was the point of the businesses and why you hire people, to do the work.

On one forum a person mentioned that he knew the kid's mother, but hadn't met Ryan Ross yet. She does some speaking to business groups but it did sound like the kid had most of the money in the family.

I have been fortunate enough to know an exceptional person or 2, and to me it seems completely possible that this is one too.

It reminds me of something someone I respect said once. (Just approximately, from memory.) He was talking about the different kinds of stars and how some of them are millions of times bigger than others, some of them don't exist but they were so distant that it will take years before the last of their light reaches us. Some of them are 2 stars orbiting around each other. Some of them spin faster than a router bit. (Called millisecond pulsars, collapsed atomic structure with incredible gravity that keeps them from flying apart at those speeds.) It takes about half a horsepower to get a router bit up to speed and the power that it takes to do that to a star is not an understandable number.

But from here, they all look alike. With humans the differences are even greater. Physically none of them are even hundreds of times bigger than others, but internally, the part that we can't see, is where the variety is.

The same speaker made another comment about the differences in people. He doesn't like the idea that actions from a last lifetime influence this one. He said that when he goes back to India, he sometimes gets told: "Of course Karma rules. Why do you think one person is born into a rich family, and another is born into a poor family?"

A part of his answer last time was: "When someone is born into a rich family, that person has the potential to make the whole family poor. When someone is born into a poor family, that person has the potential to make the whole family rich."

I wonder if there might have been a concern like "Can we afford a child?" And already he is buying expensive stuff for the family. Enthusiasm! smile