Justin Herald… A Most Unusual Millionaire!

Justin Herald entrepreneur story to inspire kids

Justin Herald has the kind of entrepreneur story that can really capture kids’ attention. It is bold, unusual, funny and full of lessons about attitude, confidence, persistence and giving an idea a crack.

This story impressed our kids because it shows that success does not always come from perfect school results or following the expected path. Sometimes, the spark is attitude, action and the courage to try something different.

Justin Herald entrepreneur story with cars and business success
Justin Herald with his toys!

Justin Herald: A Story That Will Impress Your Kids

This story will impress your kids. It certainly impressed ours.

There is also a little lesson in it for them.

It demonstrates that it is not necessarily only what children learn at school that brings future success. Sometimes, attitude, initiative, confidence and the willingness to take action can become powerful ingredients in a person’s life.

That is why stories like this are useful when we are trying to raise entrepreneurial kids. They help children see that business is not just about money. It is also about ideas, people, problem-solving and courage.

The Entrepreneur X Factor Event

Last week my friend Gary and I attended an unusual business event in Fremantle called Entrepreneur X Factor. We really did not know what to expect.

On arriving, it was immediately apparent that there was tremendous energy in the room. People were friendly, engaging and full of ideas. Successful entrepreneurs Mike Handcock and Dave Rogers ran the show, along with multi-millionaire guest speakers.

People from the event:

Mike Handcock at Entrepreneur X Factor business event
Mike Handcock
Dave Rogers at Entrepreneur X Factor business event
Dave Rogers
Dr Joe winner at Entrepreneur X Factor business event
Dr Joe

Why the Event Was So Unusual

There were two parts to the event.

The first sessions were all about Quantum Business, which was definitely not your normal run-of-the-mill business focus. After lunch, there was an exciting competition where participants stood up in front of the audience and publicly presented their business idea or concept.

The audience judged the event. Budding entrepreneurs, seeking big business support, were scored on their one-minute presentations. The competition was similar to the TV show The Lion’s Den. Investors were in the room looking to partner with the winner and help them grow their idea.

It was exciting and a little tense. The winner was a guy called Dr Joe.

I could share more about the Entrepreneur X Factor competition and the insights around Quantum Business, but the main purpose of this post is to share a story that will impress your kids.

The First Impression of Justin Herald

So here goes.

There was this tattooed guy in the room dressed in a checked shirt and jeans. He had a goatee and shaven head, wore a black choker necklace and earrings, and described himself as a self-proclaimed bogan who loved hotted-up cars.

This unusual character was introduced as Justin Herald. I had heard the name before, but could not quite remember where I had heard it.

Justin was one of the guest speakers. He came to the front to share his experience and offer some valued advice to us all. He told us the story of how he built a multimillion-dollar business from literally nothing.

There were no airs or graces about Justin Herald. He was an everyday bloke who really did not care too much about what people thought of him. He spoke his mind, he had charisma, and he certainly had attitude.

How Justin Herald Started with an Attitude

Justin Herald’s dad was a church minister, and Justin grew up within a church community. It was in a church that his first business idea evolved.

During one particular church service, an elderly lady spoke to Justin and pointed out that he had an attitude problem and should mind his manners.

Justin did not take well to being told off about his attitude, especially at 25 years old. However, that moment ignited an idea.

At the time, Justin had only $1.25 in the bank and needed some cash to put his idea into action. So he asked his brother for $50. He then bought some cheap shirts, took them to a printer, and had “Attitude” slogans printed on them.

He enlisted the support of his brother and mates. Each of them put on one of the freshly printed shirts and attended the Sunday service, making sure they all stood in full view of the opinionated lady.

She was not happy when she saw the blatant prank Justin had pulled. The shirts had served their purpose very well, and Justin was delighted.

However, something unexpected happened after the service. A number of people took an interest in the “Attitude” shirts. In fact, some people asked if they could buy one from Justin.

That was the beginning of something much bigger.

The Attitude Brand Begins

Justin Herald thought it might be worth a few dollars, so he used the money from selling the first six shirts to his mates and organised for more shirts to be printed with “Attitude” slogans.

Word got out, and his little business began to emerge.

Attitude clothing logo from Justin Herald business story

He decided to try selling his shirts at the Sydney Markets. He had never done this before and had no idea how it would go. So he asked one of his mates if he would lend a hand.

His mate said, “No.”

So Justin asked if he would lend a hand for one hundred bucks, and his mate said, “I’d love to help!”

They arrived at the markets and were allocated a table. Justin tipped his box of shirts onto the table all jumbled up. The shirts were a novelty, and people were interested.

Justin Herald Sold Out in Two Hours

To his complete surprise, Justin Herald sold out in the first two hours.

Justin Herald and Trevor at Entrepreneur X Factor event
Justin and I.

His excitement and business grew from there. He printed more and more shirts and was soon selling $10,000 worth of shirts every weekend at the markets.

Next, he tried retail stores. The owners moved him on because they had never heard of “Attitude” branded shirts. They also said their customers were not asking for “Attitude” shirts.

Justin had an idea. He asked his mates to call all the retail stores in the area and ask if they had “Attitude” shirts in stock.

He gave it a few weeks and then paid a visit to these same stores with a sample of his shirts. This time, they were pleased to see him and could not wait to get his shirts up on display.

“You wouldn’t believe the number of calls we’ve had with people inquiring about Attitude shirts.”

Justin’s response was simple:

“Oh really?!”

Business Lessons Kids Can Learn from Justin Herald

Todd Hutchison known as the Corporate Mechanic at Entrepreneur X Factor
Todd Hutchison, known as the Corporate Mechanic.

Justin Herald’s business continued to grow with the introduction of other lines of clothing. He received an invitation to be interviewed on The Morning Show, where he told his story.

He claimed that within thirty minutes of the interview, the phone rang hot with retail stores placing orders for his shirts.

Justin said he never needed to advertise his product because he was regularly being interviewed by television shows, business magazines and newspapers. He always made for a great story because he did not look like the regular businessman.

Justin Herald has a real sense of humour and loves to rib the people around him. He admits that he has plenty of attitude himself and believes that is why his brand worked.

He is also very easy to talk to and says that one of the secrets to a successful business is connecting with people.

That is a valuable lesson for children. Business is not just about selling a product. It is about understanding people, solving a problem, creating interest and building relationships. These same skills are often developed through simple family enterprise stories and real-world projects.

The Deal That Changed Everything

This chapter in Justin Herald’s story drew to an end when a very large company approached him to do a deal.

He was called to a board meeting. Justin rocked up in his jeans and checked shirt to confront a line of suited lawyers and business leaders. First came the formalities, and eventually they passed over the official offer for him to read.

Justin read the dollar number on the page in disbelief. He asked the lawyers if the comma was actually a comma or whether it was a dot.

They said it was a comma.

He then said, “Do I get a TV with that?”

They looked at one another and said, “Of course!”

So he took the deal, which he described as being worth hundreds of millions of dollars. He also took the TV from their wall. They wanted to get him a new one, but he said he did not want to muck around trying to rip up the box and packaging to fit it into his recycling bin.

From $1.25 to a Multimillion-Dollar Business

From having only $1.25 in his bank at the age of 25, Justin Herald grew his business in a relatively short time into a major brand.

Today, Justin Herald has had his fingers in different pies, including launching new brands and owning other successful businesses.

Justin Herald’s Four Business Lessons

Justin left us with four excellent “Aha!” moments.

  • You need a switch. You need something that gives you the purpose, focus and drive required to start a business. His was the opinionated lady at church. Justin is very grateful for her.
  • Say “Next!” Justin explained that you will face barriers, setbacks and naysayers as you try to move ahead with your business. He says “Next!” and moves on. Many people would fall back to their comfort zone and give up, but not Justin.
  • Networking matters. He says business is about the way you relate to your customers. Word of mouth can bring you greater business.
  • Give it a crack. This was his biggest tip. Stop waiting for everything to be perfect and take action.

Justin Herald Next business lesson for kids

After the presentation, Gary and I had the privilege of chatting to Justin Herald one-on-one. We found him to be a genuinely nice bloke.

He told us that his mates today are the same bunch of blokes he hung out with when he was twenty. He never made the grades at school, and his attitude had him in trouble many times during those years. However, it was also his attitude that helped make him what he is today.

Let’s hope that Justin Herald’s success story inspires your kids like it did mine. Children do not have to fit every expected credential to become successful. They need confidence, courage, persistence and the willingness to learn through real-world action.

You may also like our article on Green School Bali and its philosophy on education.

More About Justin Herald

Here is the blurb about Justin Herald from his website at the time this original article was written.

Justin Herald became one of the rising stars in the fields of business and personal development. At the age of 25, with only $50 to his name, Justin set about changing the course of his life. He created Attitude Inc, a clothing brand that became an international licensing success.

Justin’s success was widely recognised, and he was named International Entrepreneur of the Year in 2005. He also received the Future Leaders Award, recognising him as one of the influential leaders of the next generation in Australia.

Justin Herald book How to Grow Your Business Without Spending a Cent Justin Herald book Would You Like Attitude

He has had columns in magazines and newspapers in Australia and overseas, and he is also the author of multiple bestselling books.

Key takeaway: Justin Herald’s story is a powerful reminder for kids that success can begin with a simple idea, a bit of attitude and the courage to take action. It is not enough to just think about an idea. At some point, you have to give it a crack.

Where to Next?

If you enjoyed this entrepreneur story, you may also like:

Money Mastery: Lessons from Paul Counsel’s Program

Paul Counsel teaching in the Money Mastery Program about financial freedom and money mindset

Money Mastery became much more than a financial education program for us. It became a deep journey into mindset, values, financial freedom and the kind of life we wanted to model for our children.

Have you ever had that inner desire to make a difference in the world, but felt frustrated that so much of your time and energy was being poured into simply earning enough money to keep up with life, bills and raising a family?

Money Mastery quote about changing the world from within
The world can only change from within — a powerful idea behind our Money Mastery journey.

Money Mastery and the Desire to Make a Difference

Have you wondered what you could do if you had the resources of time, knowledge and money to be that difference?

Children grow up full of potential and excitement about their lives and what they wish to accomplish. Ideally, we as parents want to be an inspiration to them. We want to show by example that they too can achieve what they put their minds to.

Do you ever wonder what worldly achievements and contributions your children will end up making?

Cath and I have huge dreams. We are aiming for the stars. We aspire to achieve, experience and contribute in a grand way. We want to lead our own children to think big, experience life deeply and make a significant difference to the lives of others while they are here on Earth.

Money Mastery quote about thinking big and aiming for the stars
Money Mastery helped us think bigger about life, contribution and financial freedom.

This is our “Why”, and it is why we began the journey seeking the understanding and mindset shifts required to achieve financial freedom.

Paul Counsel and the Money Mastery Mentoring Program

This past year has been, by far, the biggest year for us in terms of shifting our mindset around success.

In March, we embarked on a year-long Money Mastery Mentoring Program led by Dr Paul Counsel. Paul opened our eyes to possibility, gave us tools to make the inner shifts required to achieve financial freedom, and helped us look more closely at the subconscious thinking and conditioning that can shape our results.

You can learn more about Paul Counsel’s current work through Money Mastery Academy.

Our year felt like a roller-coaster ride. There were ups, downs and plenty of bumps along the way. It was full-on trying to sort out the logistics of children, family life and busy schedules while still maintaining momentum.

Without our beautiful friends and family supporting us throughout the year, I am certain we would not have made it this far.

Stephen Covey quote connected to Money Mastery and personal change
Lasting change begins with the way we think, choose and act.

Money Mastery, Financial Freedom and Self Discovery

The Money Mastery program was largely about achieving financial freedom. But for us, it was also a self-discovery mentoring program.

Through the process, we revealed so much about ourselves: our deep-rooted values, our subconscious thinking, our conditioning and our future realities.

That matters because financial freedom is not only about numbers. It is also about beliefs, choices, habits, values and identity.

We came to understand that if our inner thinking does not shift, our outer financial results are unlikely to shift in a lasting way.

This is one of the lessons we want our children to absorb. Money is not just something to earn and spend. It is connected to choices, freedom, contribution and the way we design our lives.

Money Mastery and the Mindset We Model for Our Children

As parents, we can talk to our children about money, success and contribution. But what they watch matters even more.

They watch whether we think big or small. They watch whether we believe we can change. They watch whether we stay stuck in old patterns or choose to grow. They watch whether we simply talk about financial freedom or actually take steps toward it.

That is why Money Mastery was so important for us. It challenged us to look at the patterns we were living from and the example we were setting.

If we want our children to become confident, capable and entrepreneurial, then they need to see us learning, stretching and taking responsibility for our own growth as well.

Paul Counsel Money Mastery Mentoring Program quote about financial freedom and mindset
The Money Mastery Mentoring Program helped us reflect deeply on mindset, values and financial freedom.

Financial Freedom, Family Values and Big Dreams

One of the big distinctions for us was understanding the link between business, money and our highest values.

Our children have always been our highest value. That is beautiful, but it also meant that family life naturally took our time, focus and energy. We had to learn how to align our desire for business, contribution and financial freedom with our value of family, rather than feeling as if they were competing against each other.

That is one of the reasons Enterprise for Kids became so meaningful to us.

It allowed us to connect family, learning, enterprise and money lessons together. It gave us a way to grow our own entrepreneurial mindset while helping our children understand confidence, creativity, responsibility and opportunity.

Money Mastery helped us see that financial freedom is not separate from family. Done well, it can support family, strengthen choices and open up more possibilities for the future.

Our Money Mastery Review

As we reached the final weekend of our year-long Money Mastery Mentoring Program, we found ourselves reflecting on how much had changed.

There were many things to weigh up about what came next, but one thing was certain: our future felt as though it was opening wide before us.

We decided to write a full review of our Money Mastery Mentoring Program. In that review, we shared why we chose to take on such a mentoring program, what the year was like, and some of the massive distinctions that changed our lives.

We invite you to read about our journey and experiences, and to pass it on to interested friends.

Leo Tolstoy quote connected to Money Mastery and changing ourselves
Real change often begins when we are willing to look honestly at ourselves.

We are hopeful that when you read it, you gain inspiration and perhaps some real insight into your own life. We reflected on some of the reasons why things happen the way they do, and why they sometimes do not.

So go make yourself a cuppa, sit down in a comfy chair and take the time to read our full Money Mastery Mentoring Program review.

Read the full review here: Money Mastery Mentoring Program Reviewed

Key Takeaway: Money Mastery Starts From Within

Key takeaway: Money Mastery is not only about financial strategies. For us, it was about mindset, family values, financial freedom and the inner shifts needed to create a bigger future for ourselves and our children.

Where to Next?

Have you ever taken on a program, mentor or experience that changed the way you think about money, family and the future? We would love to hear your thoughts in the comments.

Positive Self Image: Lessons for Entrepreneurial Kids

Sean Rasmussen and family connected to positive self image lessons for entrepreneurial kids

Positive self image is one of the most powerful foundations children can develop if we want them to grow into confident, capable and entrepreneurial people.

Our family’s entrepreneurial journey so far has been exhilarating. The more we learn about successful people and what makes them different, the more we understand our own subconscious beliefs, values, habits and mindset — and the more aware we become of what our children may be learning from us.

Sean Rasmussen and Cherie with Cathy and Trevor learning about positive self image at Boot Camp
Sean, Cherie and us at Boot Camp — a weekend that helped us think deeply about self-image, success and mindset.

Positive Self Image and Our Entrepreneurial Journey

Our journey of self-discovery has allowed us to look deeply into our own habits, thoughts and belief systems, as well as the beliefs and behaviours our children may be developing.

What has really inspired us along the way are the people we are becoming friends with. Positive people with energy, motivation, connectedness and drive. These people are becoming part of our reference group, and simply being around them helps us absorb their energy and possibility.

We flew to Surfers Paradise on the Queensland Gold Coast to attend a three-day intensive Internet Marketing Boot Camp run by Sean Rasmussen. Sean’s rags-to-riches story was an inspiration. From working as an electrician on a mine site near Karratha in Western Australia, carrying a large debt and working very long hours, he became a wealthy and successful self-taught internet marketer.

He would spend long days working on the mine site, then teach himself internet marketing during the few waking hours he had at home. He made it his highest value to change his family’s economic situation by finding a way to build an online business.

Sean’s focus, persistence and family support paid off. Within a couple of years, he had built a successful business that replaced his income from his job and continued to grow from there.

Sean Rasmussen, Success and Positive Self Image

Our experience over the three-day weekend was mind-blowing. Sean’s knowledge, enthusiasm and sense of humour kept us captivated throughout the event.

We met many fantastic people who inspired us with their commitment, passion and the variety of topics they were blogging about.

Sean Rasmussen and David Wood teaching mindset for success at Boot Camp
Sean and David at our Boot Camp.

Many people had major hurdles to overcome while pursuing their passions. There was Dave, who was 21 and had cerebral palsy. His supportive mum, Lynda, had four other children at home and still took the time to bring Dave to Sean’s Boot Camps because she wanted to expose him to the possibilities available.

There was Dr William — or Dr Bill as he was affectionately known — who was a spritely 80-plus years young. There was Catherine, who dreamed of working from home so she could spend more time with her baby girl. There was Helen, who came along with her husband Alex, and we worked out that Trev had taught her in Year 5 in Geraldton. There was Dale, who was passionate about natural health.

These were just some of the incredible people we met. Being around them reminded us how important environment, reference groups and self-belief are when building a positive self image and a mindset for success.

Connecting With People and Helping Them Find Answers

What we liked about Sean was his down-to-earth approach to life. He carried no airs or graces. He and his family enjoyed many of the same things our family does: a hobby farm, animals, weekend sport, family life and the simple everyday things.

Sean genuinely wanted to help people succeed. He gave value far beyond what you would expect from his training and programs, and he made genuine connections with people.

Sean explained that business is about finding out people’s problems and then providing answers.

This was not the first time we had heard this idea. Many successful people and mentors we have learned from have said the same thing:

Connect with people and help provide them the answers.

Connecting with people at Boot Camp while learning about positive self image and success
Connecting with people at the Boot Camp.

Sean pointed out that everybody is an expert in something. Find what you are passionate about, become that expert, discover what people want to know, and then build a business around your area of expertise.

For our children, this is a powerful lesson. A child does not have to wait until adulthood to notice their interests, practise their skills and begin seeing themselves as someone who can contribute value.

Why Positive Self Image Matters for Children

Self-esteem and self-image are important contributors to success. People must learn to take responsibility for their results in life rather than always looking for fault or blame in others.

Sean pointed out something powerful:

Your dreams already do come true. Make your dreams good ones.

This is where the idea of a positive self image becomes so important. Children tend to act in alignment with how they see themselves. If they see themselves as capable, creative, helpful and resilient, they are more likely to act that way. If they see themselves as failures, troublemakers or not good at anything, they may begin to live from that story too.

That is a heavy responsibility for parents, teachers and mentors.

Maxwell Maltz and Positive Self Image

Maxwell Maltz and positive self image ideas from Psycho-Cybernetics
Maxwell Maltz helped popularise the idea that self-image shapes behaviour and success.

Maxwell Maltz wrote Psycho-Cybernetics, a self-help classic that influenced many later teachers of success and mindset. His work explored the idea that self-image is central to human personality and behaviour. You can read more about Maxwell Maltz here.

Many success teachers, including Tony Robbins, Dr John Demartini, David Wood, Paul Counsel and Sean Rasmussen, have referred to similar ideas about self-image, belief and behaviour.

The idea is simple but powerful:

Change your self-image and you change the person.

Action, results and perception tend to stay consistent with self-image. We often act like the person we perceive ourselves to be, and our experiences often reinforce the way we already see ourselves.

Building a Positive Self Image in Children

We see examples of this every day. People act according to the way they perceive themselves, and these perceptions are often shaped at a young age.

To put it into context, students may fail because they are repeatedly told they are failures by parents, teachers or peers. Babies are born “clean”, and then the world begins shaping their self-image through words, reactions, expectations and experiences.

Success runs in the family — in the mind.

Maxwell Maltz quote about positive self image and success
Success runs in the family — in the mind.

Maltz pointed out that success and defeat can travel through families because patterns of thought and behaviour are carried in the mind. If a person accepts defeat as part of their identity, they are more likely to behave from that place.

Sean explained that you are better off moving in the wrong direction than not moving at all. At least when you are going in the wrong direction, you can alter course and start heading in the right one.

It is important to set goals and move forward rather than live in the past. Negative feedback should not be seen as failure. It can be useful because it helps us correct errors and stay on track.

How to Develop a Healthy Self Image

A healthy self image allows children to search for answers rather than collapse in the face of difficulty. It helps them believe that even if they do not know the answer yet, an answer can be found.

These are some of the ideas we took from Sean Rasmussen’s Boot Camp and the teachings around self-image:

  1. Have a goal that already exists in actual or potential form. Choose something that feels achievable, while still encouraging children to aim high.
  2. Have the end result in mind. The “how” does not always need to be clear at the beginning. Sometimes the path appears once the intention is strong enough.
  3. Do not fear mistakes. Negative feedback is a vital part of learning. It helps children self-correct and stay on course.
  4. Dwell on successes. Children need to remember what worked, not only what went wrong. Success patterns can be strengthened through repetition.
  5. Trust the process. Worry can jam up progress. A clear intention and a healthy self image help children keep looking for solutions.

Rational Thinking and Self-Image

Sean Rasmussen and family connected to healthy self image and family success lessons
Sean and his family showed us that success can still be grounded in everyday family life.

Your subconscious mind has no “will” of its own. It obeys your conscious demands, which are often based around your self-image thoughts.

Through conscious thinking, children can begin to challenge self-imposed limits. They can learn to question the stories they tell themselves, such as “I can’t do this,” “I always fail,” or “I’m not good at anything.”

Instead, we can help them practise more useful thoughts:

  • I can learn this.
  • I can try again.
  • I can ask for help.
  • I can improve with practise.
  • I can solve problems.

This kind of thinking supports a positive self image and builds confidence over time.

Habits and Positive Self Image

It is often said that it takes about twenty-one days for something new to become familiar. Whether or not the exact number is always true, the principle is useful: repeated action begins to create comfort, familiarity and habit.

A simple exercise to test changing a habit is brushing your teeth for twenty-one days using your opposite hand. At first it feels awkward, but gradually it becomes more comfortable.

Children can use this same idea by copying the habits of people they admire. If they want better results, they can observe people who are already achieving those results and practise similar habits.

Napoleon Hill also referred to the importance of studying and developing the habits of successful people in Think and Grow Rich. For entrepreneurial kids, this is a practical way to build a stronger self-image: act like someone who learns, contributes, serves and keeps going.

Tips for Parents of Entrepreneurial Children

Cath and Trevor in Surfers Paradise during their entrepreneurial learning journey
Cath and Trev in Surfers Paradise during our entrepreneurial learning journey.

Why not teach your entrepreneurial kids to develop the habits of successful people?

Start by noticing everyday habits of people around them. Discuss how those habits may have contributed to the results they now have. Encourage your children to read or listen to biographies of successful people. Build your children’s self-image. Encourage them to lead, speak publicly, help with enterprise projects and celebrate their successes.

You can also challenge them with simple exercises that change the way they do things. These small changes help children realise that habits are not fixed. They can be changed, strengthened and improved.

A positive self image is not built through empty praise. It is built through repeated experiences of effort, responsibility, encouragement, courage and growth.

Key Takeaway: A Positive Self Image Shapes Success

Key takeaway: A positive self image helps children see themselves as capable, creative and able to grow. When parents model strong habits, encourage effort and help children reframe mistakes, they give entrepreneurial kids a stronger foundation for success.

Where to Next?

How do you help your children build a positive self image? We would love to hear what has helped your family develop confidence, habits and a stronger mindset for success.

Network Marketing Business Model: Lessons from David Wood

Cathy and Trevor at a network marketing event standing under a millionaire sign

Network marketing business model lessons became part of our wider journey into entrepreneurship, wealth creation, leadership and the kinds of business systems we wanted to understand for ourselves and our children.

“`

In our last article, we shared our mind-blowing experience at David Wood’s Break Through Training. This follow-up explores one of the bigger ideas from that training: how a business model, when built on systems, tools, leadership and genuine value, can become a possible wealth creation vehicle.

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Cathy and Trevor with David T.S. Wood at a network marketing event learning about the network marketing business model
Cathy and Trevor with David T.S. Wood at a network marketing event, where we explored business systems, leadership and wealth creation ideas.

Network Marketing Business Model: Lessons from David Wood

In our last article, we shared our experience at David Wood’s Break Through Training and reflected on his teaching around attitude, mindset, overcoming fear and becoming tremendously successful and happy.

David also spoke about the importance of having a vehicle, or ideally more than one vehicle, for building wealth. One of the wealth creation vehicles he spoke about was network marketing.

At the time, we were very excited by the possibilities. We were learning about business, personal development, leadership, systems and residual income. More importantly, we were beginning to think about the kinds of ideas and conversations we wanted our children to hear as they grew up.

Kiyosaki book connected to the network marketing business model and wealth creation
Network marketing was one of the business models we were exploring as a possible wealth creation vehicle.

What Is the Network Marketing Business Model?

The network marketing business model is based on people sharing products or services they use, believe in and are willing to recommend. In a genuine model, the product or service must have real value, and the business should be based on customers, sales, systems and leadership — not simply on recruiting people.

That distinction matters. The Australian Competition and Consumer Commission explains that multi-level marketing schemes involve making money from selling a genuine product or service, while pyramid schemes rely on recruitment rather than genuine product sales. You can read more through the ACCC’s unfair business practices guidance.

For us, this was an important learning point. Any business model we look at needs to be considered with wisdom, research and a strong ethical filter.

Network marketing business model as a possible wealth creation vehicle
A business model is strongest when it has products, systems, tools and leadership.

Why Systems Matter in a Network Marketing Business Model

One of David Wood’s key messages was that systems matter.

He explained that a business becomes more powerful when it is built on simple, repeatable systems and tools. In his words:

“Don’t be a tool, use the tools.”

“Systems are duplicable, people are not.”

This idea is useful far beyond network marketing. It applies to children’s enterprise projects, family businesses, online businesses and almost any venture where people need to learn a process and repeat it.

For our children, this is a valuable business lesson. A successful enterprise is not only about enthusiasm. It also needs systems, tools, routines, communication and follow-through.

Network Marketing Business Model Lessons About Leadership

David Wood also pointed out that leadership matters. Great leaders inspire people, help people grow and model the energy they want others to follow.

He explained that success comes from finding out what matters to people, understanding their problems, and looking for ways to be genuinely helpful. Connecting with people on a personal level cannot be underestimated.

This is one of the strongest lessons we took from the training. In any business, whether it is network marketing, a family enterprise, a student business or a future company our children may build, the heart of business is still people.

Help people. Solve problems. Build trust.

That is a lesson worth teaching children early.

Residual Income and Wealth Creation Ideas

One of the reasons people become interested in the network marketing business model is the possibility of residual income. Unlike a traditional job, where income is usually tied directly to hours worked, residual income aims to continue after the initial effort has been put in.

Of course, this does not mean easy money. Any real business takes dedication, honesty, perseverance, communication and hard work.

At David Wood’s training, there were everyday people who had built businesses in a relatively short time, but the message was still clear: success requires action, consistency, personal development and leadership.

For us, the bigger lesson was not that every person should join a network marketing company. The bigger lesson was that children and teenagers should grow up knowing there are different ways to create value, earn income and build a future.

Could Network Marketing Be a Business Option for Young People?

In the original excitement of this journey, we wondered whether network marketing could be a wealth creation vehicle for young people leaving school.

Rather than seeing a job as the only option, could a young person learn business, communication, sales, leadership and financial responsibility through a structured business model?

Possibly — but with strong guidance, maturity and careful research.

For teenagers, the real value may not be the specific business model itself. The value may be learning how to ask better questions:

  • Is the product genuine and useful?
  • Would I use and recommend it honestly?
  • How does the business actually make money?
  • Are people rewarded mainly for product sales or recruitment?
  • What are the costs, risks and responsibilities?
  • Does the company have ethical leadership and a good track record?
  • Would this build real skills and character?

Those questions are useful for any young person learning about business.

Choosing a Network Marketing Business Wisely

If someone is considering a network marketing business, there are several things worth checking carefully.

  1. The product must be strong. You need to use it, understand it and genuinely believe it has value.
  2. The company needs to be researched. Look at its history, leadership, annual growth, reputation and long-term vision.
  3. The compensation plan matters. Understand how people are paid and whether rewards are connected to genuine product sales.
  4. The culture matters. A good business should encourage ethical behaviour, not pressure, hype or unrealistic promises.
  5. The products should have long-term relevance. They should be credible, useful and likely to remain valuable in the future.
  6. The bigger vision matters. A company that contributes positively to people and communities is more aligned with the kind of business we want our children to understand.

These points are not only relevant to network marketing. They apply to many business opportunities that children, teenagers and adults may come across in life.

Robert Kiyosaki book about the network marketing business model
Reading widely helped us question different business models and wealth creation pathways.

Network Marketing Business Model and Entrepreneurial Kids

So what does all this have to do with Enterprise for Kids?

For us, the point is not to push a particular business model onto our children. The point is to expose them to different ways of thinking about work, money, value, systems and leadership.

A child who understands business systems will look at the world differently. They may notice how a market stall works, how a franchise works, how an online business works, how a family enterprise works, or how a network marketing business model works.

They begin to understand that income can come from more than a job. They begin to see that leadership, trust, service and systems all matter.

That is a powerful conversation for families who are raising entrepreneurial kids.

Kiyosaki book connected to network marketing business model lessons
Books and mentors helped us explore how different business models work.

David Wood Quotes Worth Remembering

To finish off, here are some of David Wood’s quotes that stayed with us:

“We don’t stop playing because we turn old, but turn old because we stop playing.”

“How I do anything is how I do everything.”

“Take 100% responsibility for everything in my life and for everything not in my life.”

These quotes connect strongly with the lessons we want our children to learn: take responsibility, stay playful, use tools, build systems, serve people and keep growing.

Key Takeaway: Understand the Network Marketing Business Model Before Choosing

Key takeaway: The network marketing business model can teach useful lessons about systems, tools, leadership, residual income and personal responsibility. But like any business opportunity, it needs to be researched carefully and approached ethically.

Where to Next?

What business models do you think young people should learn about before they leave school? We would love to hear your thoughts in the comments.

Entrepreneurship for Students: How Do Entrepreneurs Think?

Jai Howitt discussing his entrepreneurial journey on The Pocket with Chris Griffen

Entrepreneurship for students is not just about starting a business. It is about learning how to think differently, spot opportunities, solve problems, take action and build confidence in the real world.

When children learn how entrepreneurs think, they begin to see that their ideas matter. They also begin to understand that money, work, creativity and contribution can be approached in a very different way.

Entrepreneurship for students shown through Jai Howitt coaching Chayse on business strategy
Jai coaching Chayse through business strategy and entrepreneurial thinking. Watch Jai coach Chayse.

Entrepreneurship for Students: How Do Entrepreneurs Think?

In an earlier article, we spoke of charitable entrepreneurs and successful business thinkers such as Richard Branson, Warren Buffett and John Templeton.

They, together with many other successful people, have extraordinary stories to tell about their entrepreneurial journeys. Some will tell you they struggled at school, dropped out, were dyslexic, or found reading and writing difficult. Others came from homes of poverty, while some were born into families where business and enterprise were already part of everyday life.

Although their backgrounds and circumstances differed, one thing often remained the same: they thought in a similar way.

It is not circumstance alone that creates an entrepreneur. It is mindset.

That is why entrepreneurship for students matters. Young people need more than information. They need the chance to develop the kind of thinking that helps them create opportunities, make decisions, solve problems and take responsibility for their future.

Why Entrepreneurial Thinking Matters for Families

What we have come to understand is that for our family to become economically and personally free, we need to question our conditioning around money and then reprogram our subconscious minds with a new success money mindset.

Many wealthy and successful people either developed this mindset from their upbringing, or they discovered it for themselves. Sometimes this happened consciously, through study and self-development. At other times, it happened unconsciously through experience, environment and action.

It is often said that only a small percentage of people live with real economic and personal freedom. The bigger question is this: what do they do differently?

More to the point: how do entrepreneurs think?

Before we look deeper into that, consider this.

Entrepreneurship for Students Starts with Money Mindset

Wealth creation and poverty mindset lesson for students
The way children think about money can shape the opportunities they see.

Whether we like it or not, we are being conditioned constantly to think a certain way about money. We are conditioned by our family, schools, advertising, politicians, television, social media and friends.

Many people become tied to jobs and debt because the conditioning they have received favours a money mindset of lack, rather than abundance.

Do any of the following sound familiar?

  • “Money doesn’t grow on trees.”
  • “Money is the root of all evil.”
  • “You’ve got to work hard for your money.”
  • “Get a good, well-paying job and you’ll be set for life.”
  • “Buy a home, it will be your best investment ever.”
  • “We can’t afford it.”
  • “What job do you want to do when you grow up?”
  • “Go for the cheaper ones.”

Only this morning, I was listening to a friend talking with his teenage sons. He told them they needed to get jobs. He explained that he had a job pushing shopping trolleys at their age. He even went down to the local IGA supermarket and picked up applications for them to apply for jobs.

When I was fifteen, I started out with a casual job working at a Target store. My hourly rate was $2.90 an hour.

All of the above are examples of conditioning. Much of our thinking about money, work and possibility is formed very early in life.

What Schools Often Teach About Work and Money

Our schools are largely designed to prepare workers for the workforce. Banks make money by selling debt. Governments collect taxes and often depend on people staying within predictable systems. Retail businesses make money by encouraging us to spend. Big businesses need workers to build their businesses.

There is definitely a design to much of this madness.

That does not mean jobs are bad. It also does not mean every child needs to become a business owner. However, it does mean young people should know there are other pathways.

They should understand that work, money, creativity and contribution can be approached in different ways.

This is why financial education for kids is so important. Children need to learn about money, value, assets, liabilities, work, enterprise and choice before they enter adulthood.

Entrepreneurial Mindset for Young People

What our family has discovered is that our money mindsets are changing. We are learning that it is okay to accept money and to have money. In fact, it is okay to offer something of value to others and receive payment in return.

Working hard in a job is not the only pathway for young people entering our big world.

There are other ways. These pathways can allow young people to follow their passions and dreams while making a meaningful contribution to whatever they consider important.

Wouldn’t it be fantastic if all our kids could achieve economic and personal freedom?

People who have achieved financial freedom through being entrepreneurial tend to have a mindset of abundance. Their habits differ. Their thinking differs. Their actions differ.

This is why we keep coming back to the bigger idea of raising entrepreneurial kids. It is not just about business. It is about helping children become confident, capable, creative and resourceful.

How Entrepreneurs Think: Lessons from Napoleon Hill

Napoleon Hill Think and Grow Rich entrepreneurial mindset lesson
Napoleon Hill studied how successful people think and act.

Rather than attempting to explain every detail of how entrepreneurs think, I will refer to one of the most influential books ever written on personal and financial achievement.

Think and Grow Rich by Napoleon Hill was originally published in 1937. Hill spent his life studying successful people and recording how they think and act. He became successful himself by following the distinctions in his own book and by modelling himself on his mentors.

Think and Grow Rich is essentially a book about what to do and how to do it. It explores ideas such as self-direction, organised planning, autosuggestion, mastermind association, self-analysis and the selling of personal services.

The thirteen steps to riches described in the book offer a philosophy of individual achievement that has influenced thousands of people’s lives.

This book could be worth a great deal to you and your kids, not simply because of the money ideas, but because of the thinking behind them.

At the time of this original article, Cathy was rewriting Napoleon Hill’s book in a way that would be suitable for kids to read, with simple explanations and modern examples they could better relate to. It was a work in progress, built around the idea that children should be able to understand powerful success principles in language that makes sense to them.

You can also learn more about Napoleon Hill’s work through the Napoleon Hill Foundation.

Entrepreneurship for Students in Real Life

For our family, entrepreneurship for students has never been just a theory. It has been something we have tried to encourage through conversations, real-life projects, mentoring and practical action.

Looking back now, we can see how these early conversations about entrepreneurial thinking have carried through into real life. The goal was never just to teach our children about business. It was to help them become confident, resourceful young people who could spot opportunities, solve problems and take action.

Today, we see that continuing as Jai shares business ideas and strategy with his younger brother Chayse, passing on what he has learnt through his own entrepreneurial journey.

Jai has gone on to build his own entrepreneurial path through creative work, content and business. You can see part of that journey through Art of Mondays.

Key Takeaway: Teach Students to Think Like Entrepreneurs

Key takeaway: Entrepreneurship for students is about far more than making money. It is about helping young people think differently, understand value, recognise opportunity, solve problems and take action in the real world.

Where to Next?

If you enjoyed this article about entrepreneurship for students and entrepreneurial thinking, you may also like:

We would love to hear your thoughts. How do you think entrepreneurs think differently, and how can we help children develop that mindset while they are still young?