Successful 20-year-old Owns a Chinese Factory

B2 – Upper Intermediate

Take a peek into the life of a young and successful man who started creating his products when he was 11 and now owns a factory in China:

https://sg.finance.yahoo.com/news/20-old-brooklyn-successful-owns-133159062.html

Discussion Questions:

1. What were you doing when you were 20?
2. What do you think are the perks and pitfalls of being a young millionaire?
3. Are there many start up businesses in your city run and managed by young entrepreneurs?
4. If you became a multimillionaire, how would you manage your wealth?

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4 replies on “Successful 20-year-old Owns a Chinese Factory”

1. What were you doing when you were 20?
At the age of 20, I was in my last year of medical university, ready to become a dentist.
2. What do you think are the perks and pitfalls of being a young millionaire?
I think they are the same as of being an elderly millionaire: money itself is not a good or a bad thing, it is the relationship with money which can make a person fulfilled or destroy them completely. It is probably the unexpectedness which often ruins the situation: we have all heard about a grown-up winning a lottery and not being able to keep a normal life, or a about an adolescent celebrity being so overwhelmed they resort to drugs. At the same time, people born into very rich families are exposed to big money since being babies, and they usually get good education and don’t generate problems. I also want to mention one thing about the protagonist of the article: it seems he does not exist. The only thing internet has on him is the same 2014 short article repeated on several websites. No social media, no Forbes profile, nothing typical for a millionaire; I think the media just invented him.
3. Are there many start up businesses in your city run and managed by young entrepreneurs?
I think there are many, and unfortunately they do not survive for very long. There are lots of shops that open and close in 1 year time.
4. If you became a multimillionaire, how would you manage your wealth?
I would donate a part, buy several houses in different places of the world, and I would travel a lot!

Well done writing your responses!

Take a look at a slightly better way to write this sentence:

I would donate a part, buy several houses in different places of the world, and I would travel a lot!

I would donate a part of my winnings, buy several houses in different places of the world, and I would travel a lot!

Your efforts trying to improve your skills is commendable! Keep at it.

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