Parents Raise Children; Mentors Raise Millionaires

Parents serve a very important, basic function in society. They turn children into functioning adults. This is a very important function. Without it society would collapse. But if you want more for your children it requires that you become more than a parent. You must become their mentor. Quite frankly, the best parents are mentors to their children. They mentor their children to be more than functioning adults; they raise their children to be exceptional. They raise their children to be millionaires.There is no exception to this rule. Take a look at any millionaire and you will find at least one parent who instilled in their children exceptionalism.

Warren Buffet

Many probably don’t know that Warren Buffet’s father was a stock broker. It’s no accident that Buffet became the world’s best known value investor. He was mentored by his dad.

The Kennedy’s

Many may not realize that father, Joseph Kennedy was a very successful politician who mentored sons JFK, Bobby Kennedy and Teddy Kennedy.

Ken Griffey, Jr.

Many probably don’t know that Ken Griffey Jr., arguably the most talented baseball player ever, was mentored by his professional baseball player-dad, Ken Griffey (NY Yankees).

Bill Belichick

Many probably don’t know that Bill Belichick’s father was a football coach for Navy for 33 years. At age three Bill could be found on the knee of his father watching film of Navy football players. Bill was mentored by his dad.

The stories of parents who raised successful, millionaire children all have one thing in common: Mentorship. It was not an accident that their children excelled in life. They were mentored by one or more of their parents to be successful. For most, parents are the only shot any of us have at having a mentor in life. Mentor-parents do more than simply raise us to survive as adults.They regularly and actively participate in our success by teaching us what to do and what not to do. They share with us valuable life lessons they learned either from their own parents, a life mentor or from the school of hard knocks.

In my five-year study of the daily habits of the wealthy and the poor I uncovered secrets to success that rise to the level of Holy Grail-type stuff. For example, only 24% of the wealthy in my study were fortunate enough to have had someone mentor them in their lives. Of this 24%, however, 93% attributed their enormous wealth to their mentors. The average net liquid wealth of the 233 rich people in my research was $4.3 million. If you do the math, finding a mentor in life is like someone depositing $4.3 million into your bank account.

Imagine if every parent decided to become a mentor to their children. Being a mentor means to instill in your children Rich Habits and to teach them to avoid Poverty Habits. What a very different world it would be. The fact is, parents do the best they can. There is no book on parenting. Parents learn what they learn from their parents. They pass this learning on to their own children. It’s generational. If parents really want their children to be better than themselves, to do better than themselves, to make more money they they made, they must become success mentors. Parenting is simply just not enough.

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Thomas C. Corley About Thomas C. Corley

Tom Corley understands the difference between being rich and poor: at age nine, his family went from being multi-millionaires to broke in just one night, due to a catastrophic fire that destroyed his Dad's thriving business. For fourteen years they struggled with poverty. There were eleven in Tom's family, and they lived in constant fear of losing their home.

Driven by the desire to unlock the secrets to success and failure, Tom spent five years studying the daily activities of 233 rich people and 128 poor people. He discovered there was an immense difference between the habits of the rich and the poor. During his research he identified over 300 daily activities that separated the “haves” from the “have nots.” Tom decided to write a book to share what he learned. That book, Rich Habits: The Daily Success Habits of Wealthy Individuals (1st Edition), went on to become an Amazon Bestseller in the United States forty times over a three year period. To give you some perspective, in order to be a true Amazon Bestseller in the United States, where you actually receive a specific Bestseller designation from Amazon, you need to be in the top 100 of all books sold by Amazon in the United States in a given day. Rich Habits did that for nearly thirty straight days, rising as high as #7, eclipsing such Bestselling authors such as Stephen Covey, Robert Kiyosaki and J.K. Rowlings. Imagine that - an unknown, first-time, self-published author selling more books than J.K. Rowlings!

Tom now travels the world, sharing his Rich Habits and motivating audiences at industry conferences, corporate events, universities, multi-level marketing group events, and global sales organizations’ presentations and finance conferences. He has even spoken on the same stage with famous entrepreneurs and personal development experts, such as Sir Richard Branson, Robin Sharma, Dr. Daniel Amen, and many others.

Tom has shared his insights on various national and international network, cable, and Internet television programs such as CBS Evening News, NBC News, Yahoo Financially Fit, Money.com, India TV, News.com Australia, and a host of others. He has been interviewed on many prestigious nationally syndicated radio shows, including the Dave Ramsey Show, Marketplace Money, and WABC.

Tom has been featured in numerous print magazines—such as Money magazine, Inc. Magazine, SUCCESS Magazine, Entrepreneur magazine, Fast Company magazine, More magazine, Epoca Magazine (Brazil’s largest weekly) and Kiplinger’s Personal Finance magazine—and various online publications, including USA Today, CNN, MSN Money, SUCCESS.com, Inc.com, and the Huffington Post. Tom is a frequent contributor to Business Insider, Credit.com, Bankrate.com and a few other media outlets.

National publicity has garnered international media attention for Tom and his Rich Habits research spanning 23 countries. Broadcast media, online publications, and television throughout Asia, the South Pacific, Europe, the United Kingdom, and Central and South America have shared his powerful message.

In an effort to help parents, grandparents, teachers and adults become success mentors to the younger generation, Tom released his second book, Rich Kids: How to Raise Our Children to be Happy and Successful in Life in 2014. This book was the self-help category winner of the 2015 New York Book Festival and Runner-up in the prestigious 2015 Writer’s Digest Self-Published Book Awards Contest. In 2016 Tom released his third book, Change Your Habits, Change Your Life. This book provides the latest science on habit change as well as more of Tom's unique research on the specific habits that helped transform 177 ordinary individuals into self-made millionaires.

Besides being an author, Tom is also a CPA, CFP, and hold a master’s degree in taxation. As president of Cerefice and Company, CPAs, Tom heads one of the premier financial firms in New Jersey.
 
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