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Six Traits That May Suggest Your Kid Could Be a Great Entrepreneur

This article highlights the signs and signals that help to indicate your child might have all the traits of a great entrepreneur. You can read more about these key indicators for a great entrepreneur below:

All parents want to see their children achieve success – and that can be particularly true of affluent parents who have enjoyed significant professional and financial success in their own lives. But we know deep down that forcing our kids to be something they’re not equipped to be – pushing them too hard in a direction that’s wrong for them, even it’s where we want them to go – can be a recipe for unhappiness.

Take entrepreneurship. If you’re a business owner, you may have grand plans for one or more of your kids to take over your company someday or start their own venture, just like you did. Of course, your don’t have to be a business owner to have entrepreneurial dreams for your kids. It’s pretty tempting to imagine our offspring as the next Bill Gates or Jeff Bezos.

  • Business ownership is the right path for some but not for others.
  • Be honest about whether your child possesses the traits that are needed for entrepreneurial excellence.
  • Success comes in many forms.

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Discover the six traits of a great entrepreneur, and see if they resonate with your children.

Other notes and risk warnings

This article contains the opinions of the authors but not necessarily Donald Wealth Management (the Firm) and does not represent a recommendation of any particular security, strategy or investment product. Information contained herein has been obtained from sources believed to be reliable, but is not guaranteed. It is not a promotion of Donald Wealth Management’s services. Donald Wealth Management strongly suggests that no investor should act on any of these ideas without first seeking financial advice.

Past performance is not indicative of future results and no representation is made that the stated results will be replicated. The value of an investment is not guaranteed and on encashment you may not get back the full amount invested. Errors and omissions excepted.

Donald Wealth Management is a trading style of Donald Asset Management Limited which is authorised and regulated by the Financial Conduct Authority in the United Kingdom (FRN: 223784). Donald Asset Management Limited is registered in England and Wales under Company No. 4675082. The registered office address of the Firm is: Stable End, 12 Heather Court Gardens, Four Oaks, West Midlands, B74 2ST.

Three Money Mistakes the Super Rich Don’t Make

The self-made Super Rich – those with a net worth of $500 million or more – aren’t immune to making mistakes with their wealth. But we find that they do tend to avoid certain crucial errors that might otherwise impact their bottom lines and financial futures.

  • Be crystal clear about what you want your wealth to accomplish – and don’t lose sight of those goals.
  • Avoid financial advisors who don’t have what it takes to help you – or worse, who seek to actively harm your financial future.
  • Engage in regular financial checkups – and get a second opinion whenever you feel uncertain.

Click the image below to read the full article:

financial mistakes

Other notes and risk warnings

This article contains the opinions of the authors but not necessarily Donald Wealth Management (the Firm) and does not represent a recommendation of any particular security, strategy or investment product. Information contained herein has been obtained from sources believed to be reliable, but is not guaranteed. It is not a promotion of Donald Wealth Management’s services. Donald Wealth Management strongly suggests that no investor should act on any of these ideas without first seeking financial advice.

Past performance is not indicative of future results and no representation is made that the stated results will be replicated. The value of an investment is not guaranteed and on encashment you may not get back the full amount invested. Errors and omissions excepted.

Donald Wealth Management is a trading style of Donald Asset Management Limited which is authorised and regulated by the Financial Conduct Authority in the United Kingdom (FRN: 223784). Donald Asset Management Limited is registered in England and Wales under Company No. 4675082. The registered office address of the Firm is: Stable End, 12 Heather Court Gardens, Four Oaks, West Midlands, B74 2ST.