Billionaire Jim Koch believes that the two most important things you can teach your kids are values that his parents instilled in him when he was younger. Koch tells CNBC Make It: "When I think about, what did I get from my parents that I really valued — it was a love of education and learning, and a work ethic.
"If you can give those two things to a kid, you've given them something priceless."
Koch now has four children of his own, two from a previous marriage which grew up with him before he made it big, and two whom grew up after Boston Beer had taken off. In speaking of his first two kids:
"They were in their teens and their bedroom was not big enough for two beds. It was only big enough for a bunk bed and a dresser and that was it."
Later, his youngest daughter was scooping ice cream at her job when a coworker told her about a newspaper article announcing Koch’s official rise to billionaire status.
“She was scooping ice cream for $7 an hour,” Koch said. “One of the other girls asked her: ‘Oh my gosh, I read in the newspaper that your dad’s a billionaire. Why are you scooping ice cream for $7 an hour?’ And she just looked at the girl and said, ‘Because I need the money!’”
Read full story: Goalcast.com
How Boston Beer Company Founder Jim Koch Brewed His Way To Success (Full) | CNBC
CNBC's Kate Rogers interviews Jim Koch the founder of The Boston Beer Company and brewer of Samuel Adams Boston Lager at the iCONIC Conference in Boston, Massachusetts.
Source: CNBC
See also: Kathy Patalsky - Healthy, Happy Life
