Just think about it, as early as this week, there could be hundreds of more multi-millionaires walking around Silly Valley (Silicon Valley) because of the Facebook IPO offering.
Think about all the preparations a young person has to make because one day soon, he will wake up and will go from a highly paid junior executive in one of American’s top technical companies ($300 plus salary per year) to being worth $5 to $10 million, if not more!
These guys are smart and they know the drill. They have already figured out how to lower their taxes on such a windfall, and they know which charities they will give to, and who gets what in their family. A new home for mom and dad, or pay off the existing loan. A college education for their little brother, a new pair of skis
or a new snowboard. Of course will lease that new Porsche, but still drive the Toyota to work.
There is so much to do, to prepare to be rich. The smart ones have already made a list of friends who were friends when they were broke, and living yy a house of 10 in order to make ends meet. The men will already know, which girl friends stay and which ones go and the criteria for adding new friends.
There is so much to do to prepare oneself to be wealthy. I mean really wealthy.
On the other side of the coin, the company will get to see, who stays and who takes their millions and runs to start a new company, or to just chill on a beach somewhere. Not everybody is looking to retire from Facebook. Super geeks had to stay with the program, until they could get their shares (there is a waiting period)
And then they can allow their true nature to show. (It is no secret that super geeks don’t like to be told when to come to work, nor what to do once they get there)
Of course there will be super geeks who will request a work from home option. Depending on how important they are to the company, they may or may not get their wishes.
There is so much to do, before you become wealthy. Will you invest in real estate or stocks, oil, or coffee, gold or silver or cooper or all?
Which mutual funds, which limited partnerships, if any, will you finance. Is there a hobby that you want to blow up and become a self-reliant company? Or do you just want to buy your mother a new dress, keep working as if nothing happened and live in the dream of the moment?
There are so many decisions to make. Will you buy new clothes, or just a couple of new hoodies. Will you put diamonds on your Facebook, hoodie? Or will you purchase flip flops and have diamonds inserted on the thongs. Gosh, so many decisions.
What about your CPA, and your personal attorney? Can you really trust them? And the big question, how do you make your money grow. Do you leave it where it is, or do you diversify.
Change your numbers guys, that is my only suggestion. Be hard to reach, and then only when people have qualified who and what they want.
And you know, there will be new family members, that you have never meet. (Of course you already know all of this)
And last, but seriously, you may want to make sure that really young children are protected to and from school. Make sure all immediate family members are accounted for during most of the day. Private security might not be necessary, however, if it crosses your mind more than once, then by all means, hire a private security team.
And with that, I wish all you multi-millionaires and billionaires in silly valley the best. May the grace of God guide your footsteps and keep you safe. Congratulations.
