The Number 1 Secret For Raising A Kid Who Will Be Healthy, Wealthy, And Wise: A Lesson From Jeff Bezos’ Upbringing

This secret is for all parents, guardians, and teachers who are serious about raising kids who will be successful in life and early enough too. So, if this sounds like you, just invest your time and attention for 10 minutes only and get one point that will make a lot of difference in the future of your family.

Knowledge Is The Secret, But Maybe, Not What You Think

Image credit: European CEO

Pictured above is Peter Drucker (1909 - 2005). Drucker was a renowned management consultant and author who is often credited with coining the term "knowledge economy." He first discussed the concept in his 1969 book, The Age of Discontinuity: Guidelines to Our Changing Society.

In the book, Drucker argued that the economy was shifting from a focus on manual labor and industrial production to one centered on knowledge, information, and expertise.

In his 2005 book Thinking For A Living, Thomas H. Davenport revealed that Drucker already used the phrase "knowledge worker" back in 1959, emphasizing the growing importance of "knowledge workers", who apply their skills and knowledge to create value.

Drucker further explored the knowledge economy concept in his 1993 book, Post-Capitalist Society, where he described the emergence of a new economic order driven by knowledge, innovation, and intellectual capital.

Amazon Founder Jeff Bezos In The Picture

Many people know that Drucker's work on the knowledge economy was influential in shaping modern management thought and recognizing the significance of intellectual assets in the digital age. But, almost no one knows how far his concept went in creating the billionaire known today as Jeff Bezos.

Image credit: IMDB

To begin to understand this, consider this connection…

When Peter Drucker moved to the United States in 1937, one of the first jobs he did was as a freelance journalist for the Washington Post according to information from the archives.

That was some 30 years before Jeff would be born in 1964. Then, in October 2013, Jeff Bezos bought the Washington Post that once employed Peter Drucker. What's the connection?

How Peter Drucker’s Thoughts Influenced Jeff Bezos’ Upbringing

Jeff's foster father Miguel Bezos grew up in the 1940s and 1950s United States and was a fan of the Washington Post. One of his best writers on the daily newspaper was Peter Drucker.

That's how Miguel Bezos picked the idea about an emerging economy where the top consideration would be what you know. Here are key points from Drucker's knowledge economy concept that influenced Miguel and which he inculcated into his adopted son Jeff:

1. Shift from industrial to knowledge-based economy

2. Growing importance of knowledge workers

3. Focus on intellectual capital and innovation

4. Need for continuous learning and adaptation

That's why Jeff Bezos started Amazon as a digital book publishing platform. And Miguel Bezos provided the fund ($245,573) that Jeff Bezos used to launch Amazon.com in 1995 according to a 1997 SEC filing discovered by Bloomberg as reported by CNBC.

What All Wise Parents Should Learn From This

Peter Drucker made the above prediction some 60 years ago, and it is already being fulfilled. It means that any parent who took Drucker's message to heart in the 1950s and 60s would have raised an adult who is reaping hugely from the economy today.

That's exactly what Miguel Bezos did and the result today is Jeff. Not only that he sponsored his education at Princeton, he pressed it upon him to pursue the kind of knowledge that the economy of the future would need.

Now, in case you don't know, the knowledge economy is just beginning. So, if you want your children to become successful early enough, you'd better find a way to help them love learning from their early lives because this is the only thing that will give them leverage in the future economy.

The first secret towards achieving this is to make learning fun to them from the earliest age. This is the point that will occupy us in the next session.

NOTE: This is a part of an ongoing WhatsApp lecture entitled Top Secrets To Make Any Child Intelligent And Wealthy In Future. All parents, guardians, and teachers are invited to join us here. Thank you.

Comments

Learn Data Analysis In 3 Weeks: Join The Challenge

There is no doubt that learning an in-demand tech skill is among the fastest ways for anyone to overcome poverty today. And, it is not hard to understand why... See Why👇 In-demand skills are so called because the demand for them is currently higher than the supply. Therefore, learning one of these skills, you instantly become the kind of person that wealthy business owners and top companies across the world are looking for even as you are reading this. Thus, not only that learning any of these skills makes it extremely easy for you to find a job, you are also highly respected while getting well-paid. Because of how much they need people with these skills, the numerous companies seeking to fill these roles care less about your certificate or resume. Instead, what they mostly want from you is to demonstrate your ability to fill the respective roles effectively. As Forbes Contributor Rachel Wells wrote in June 2024, " to be able to make the case for remote work to your employer, o...

NIGERIA: Possible Strategies President Tinubu Is Using To Pocket The Country As He Did Lagos

Image source: The Southern Examiner I visited Festac Town Lagos in 2006 when Tinubu held sway as the state governor. One thing I noticed without anyone telling me was this high austerity level in the air - which contrasted sharply with my experiences in a couple other parts of the country. When I asked, I was told that the 3D suffering levels were as a result of The Obasanjo Federal Government withholding the allocation due to the state. I couldn't understand it because I always knew Lagos as a mega state with such a humongous IGR that it could function beyond average even without any federal allocation. It took me over a decade before I realized what the man was actually doing then under the noses of millions of citizens. I remembered to revisit this issue because I see now a reenactment of what happened in Lagos in those days. The only difference I see is that then, it happened at a state level but now it is happening at the national level. Here are some of the strate...

How To Handle Your Haters: A Lesson From Bill Gates And His Daughter (2)

Bill and Phoebe Gates. Image credit: Business Insider Do you know what? I learned that, growing up, Bill Gates was too small for his age and was often bullied at school and on the streets. As a result, he had very few friends - no more than two per time. As related in the archives , young Bill was a recluse who spent hours cocooned in his room. Once, during such a social withdrawal, his mom asked after him over the intercom, and Bill shouted back, “ I'm thinking… Have you ever tried thinking? ” The fact is: Young Bill Gates didn't have many friends. Unknown to him, many of his peers snubbed him because a rumor spread around town that “ Bill is the weirdest guy that God ever made ”. As acknowledged by Washington Post's Mark Leibovich, the real issue was that the boy Bill Gates III was an infant prodigy. As a result, he just couldn't get along with most of his peers and vice versa. But, it hardly became an issue to him because his attention was essentially somewhere else....

Another Blow On Igbo-Yoruba Rivalry

Chauvinism is the big dent on Africa One day, some generations of Africans will remember that it was decades of unhealthy rivalry among their ancestors that made them lose their place in the committee of humans. Unfortunately, those "ancestors" will point back to you and me. This must happen unless today's generation of Africans take the bull by the horns and walk the uncommon road. For example, they must look each other in the face and decide to unite, form a common front and fight their common enemies. The Famous Igbo-Yoruba Rivalry As A Case In Point Recently, many Nigerians of goodwill genuinely mourned the passing of one of the few icons ever thrown up from the Nigerian political space. His name? Professor Humphrey Nwosu. Late Prof. Humphrey Nwosu. Image credit: USAfricaonline.com What makes Late Professor Humphrey Nwosu so iconic? It is the historical fact that he defied a military junta and insisted on letting basic democratic procedures be followed. So, he announc...

VDJ: A Relatively Easy Way To Make A New Year Resolution That Ends Up With A Fulfilling Year Right From The Start

I came to realize this: Many of those who say that new year resolutions don't work are only using a gaslighting tactic called "sour grapes". "Sour grapes" is a phrase coined from Aesop's fable, where a fox decides that grapes are probably sour anyway, after failing to reach them. This idiom describes someone who disparages something they cannot have or achieve. In other cases, I found such statements thoroughly defeatist. Defeatism refers to a mindset where someone assumes that a task or goal is impossible to achieve, often due to their own lack of ability or experience. Otherwise, every new year eve provides an ample opportunity for every person or brand to look back at the dying year and take stock. The aim of such stock-taking is to embark on self-evaluation, review your achievements and mistakes for the year and forge a formidable new beginning, insisting that " the end of this new year must see me much more fulfilled than I am now ". When you...

Awake Digest

Search This Blog