Three generations to prosperity
You need at least 3 generations of hard working descendents for a family to become prosperous.
The first generation, founded in poverty uses blood, sweat and hardwork to build the foundation. So that an industrious mind and the desire for a better life drives the generation to follow.
The second generation steps on the stability of the first in order to receive a higher education and become a specialized professional with high earning power. Making way for the third generation to eanble them to dedicate their time fully to the pursuit of their goal.
The thrid generation, the easiest to falter is the decisive factor. Born rich and well fed, does not know the meaning of hardship. It is mostly a gamble here on whether or not the son will use the money to just live comfortably and fade away, or if he will take advantage of an absence of needing to fend for his bread in order to dedcate to his cause.
It only takes one generation that slacks off to destroy all the previous efforts.
My dad was the first generation and I am the second. This is my generational strategy.
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