If you want your child to be the next Bill Gates, then who better to listen to for advice than the parents who raised one of the richest people in the world?
Most parents will look to any source they can for tips on how to correctly raise their children. Books, classes, fellow parents. However, who better to listen to than the parents of Bill Gates? Their son has gone on to become a multi-billionaire. CNBC recently collated a number of interviews with Gates and his father detailing how exactly they raised the boy who would end up founding Microsoft.
The Gates's gave Bill a lot more freedom than most parents. Some nights he wouldn't come home at all as he would make use of the technology at the University Of Washington. However, with that independence came what sounds like a little bit of a bad attitude. So much so that Gates's parents sent Bill to see a psychologist. Those sessions made Bill realize that challenging his parents was unnecessary.
Gates is obviously pretty good at a lot of things, hence his success. However, as a child, his parents didn't allow him to give up on anything. That included things he wasn't good at. Many parents might argue against this one in particular. However, Mr. and Mrs. Gates, or William and Mary, wanted their son to learn about failure. The importance of this seems to be being quickly left behind in the present day.
While not allowing him to give up on things he didn't like, they also didn't force Gates to meet their expectations. It's well-documented that Gates dropped out of college. That naturally upset his parents, but had they forced him to stay, he might never have moved to Seattle and co-founded Microsoft with Paul Allen.
Last but not least, Gates's parents hammered home the importance of community in their son. Considering the man Gates has gone on to become, this one might be the most important of all. It's estimated that Bill and his wife Melinda have donated close to $50 billion from 1994 until now. We're not saying that if you follow these steps exactly you'll raise a billionaire, but your kids will definitely be good eggs.