subscribe
back issues
reprints
contact us
Wealth in Perspective
Wealth Management
Thought Leaders
Money and Meaning
Passion Investments
Wealth Management Sourcebook
Multifamily Office 2008
Previous Issues Index
/ Home / Editorial / Money & Meaning / Philanthropy /
First Person
A Gamble that Keeps Paying
Bill Cullen
05/03/2004


I was the eldest son in a family with 14 children. By the age of 3, I was going to school with my older sisters, and by 4, I was on the streets with my mother, selling everything from fruit to handmade Christmas decorations. My father, Billy, was a laborer on the docks. As I grew, I attended school only two or three days a week, spending the rest of the time working beside “the Ma” to help feed the family. That is where I had the advantage over my siblings. From 4 to 14, I spent so much time with her, not just as mom, but as business partner. I learned the basics of buying and selling, wheeling and dealing from her and my grandmother, who also was a street vendor. My mother—who never went to school—taught me these simple lessons before I was 10 years old: “You work harder, quicker and smarter than the other guys. Believe you’ll never meet a man better than yourself because you are terrific. And you always help those who are less fortunate than yourself. That’s what life is all about, son!”

Despite the economic resurgence in Ireland,
there are those who are left behind. The foundation has so far awarded $35 million for youth projects throughout the country.
Budding Businessman

I had a mind for business, and my mother encouraged me. When I was 8, I convinced her to buy surplus dolls from a merchant. I asked my sisters to make dresses and bows for the dolls, and I sold them as “Judy Garland” dolls at a substantial profit. At 12 I persuaded an uncle to raise pigs with me, but a flood drowned the hogs and wiped us out financially, just before they would have gone to market. I was bankrupt before I was a teenager. When another idea, paper flowers, didn’t sell the way I expected, I realized I needed to bring my wares to the place potential buyers would want them—just outside a hospital—and soon my family had a virtual assembly line in the home for flower-making. Location, location, location.

1 | 2 | 3 | 4 | 5 | 6 | >>
Printer Friendly Version  Email a Friend
 
Get a FREE ISSUE and a FREE GIFT

Simply fill out this form to receive a complimentary issue of Worth and a FREE gift ("The top 25 Questions for Your Private Banker"). If you like the magazine, you’ll pay just $36 for 5 more issues (6 in all). If it’s not for you, you can return your invoice marked "cancel", and owe nothing. The FREE issue and FREE gift are yours to keep.
Name
Address
Canadian orders click here
International orders click here

Unsubscribe from subscription emails click here
 



Family Office Wealth Conference