Nick Perry argues that billionaires curate their children's friendships because kids' future earnings mirror the average of their five closest friends. Most parents let kids choose freely, but the wealthy engineer social circles to keep their offspring in high-income brackets.
Billionaires don't let their kids hang out with broke families. Not cuz they're broke, but because of their limiting beliefs. Here's what we teach our kids, listen close. You are the average of the 5 people you spend time with. Hang out with 5 smokers and you'll become the 6th smoker. Hang out with 5 addicts, you become the 6th addict. But here's the other side. Hang out with 5 people who go to the gym, you become the 6th. Hang out with 5 people who own businesses, you become the 6th. Business owner. Most parents let their kids choose any friends. Billionaires? No chance. We, you know, we choose our kids' environment because friends aren't just companions, they're your future income bracket. Here's the blunt truth: your kids will earn the average of their 5 closest friends. If their friends are broke losers, your kids will be broke. If their friends are rich, your kids will be rich. Never let them pick friends randomly. Always curate their circle like you curate investments. Let me know what you think and comment Sterling if you want to know more about how billionaires raise their offspring to maintain generational wealth.
