Dewey Beach, DE (PRWEB) July 05, 2012
Many affluent baby boomers have no plans to hand over their fortunes to their children, according to the recent U.S. Trust 2012 Insights on Wealth and Worth survey. Only 55 percent of the wealthiest baby boomers plan to leave an inheritance to their children, while one third would prefer to give the money to nonprofits. As an entrepreneur who is passionate about charitable giving, author Mike Mann said he supports baby boomers in leaving their money to charity.
In his new book “Make Millions & Make Change! Secrets to Business and Personal Success,” Mann showed how incorporating the right best practices in business lets people achieve great wealth while helping deserving charities and their loved ones. Mann’s Best Practices Guide explained these concepts in greater detail.
Click here to receive "Make Millions & Make Change!" for free.
“People from all different backgrounds can be successful and join the wealthy, being in a place where you can make a meaningful difference in the lives of those who need it most. My book will show you things you can do in your business today to start on your path to success,” Mann explained.
The U.S. Trust’s national survey of 642 wealthy adults found distinct differences in attitudes toward managing money and leaving a financial inheritance to their children instead of giving the money to charity.
Many baby boomers have earned their fortunes through hard work, without the help of family money. They believe their children should do the same, Mann said.
For younger generations who are hoping to achieve similar success as their parents, “Make Millions & Make Change!” offered some advice. While stressing the importance of hard work and giving back, the book has tips for everything from writing business plans to human resources to search engine optimization.
The book is particularly helpful for those interested in building companies online. Mann has been doing business on the Internet since 1994 and founded several successful companies including SEO.com, DomainMarket.com, Phone.com and PurePPC.com.
Mann has used that success to create non-profit organizations like Make Change! Trust and Grassroots.org, a charitable network promoting social action and providing free technology services to charities.
“As we work to fight hunger, homelessness and cure diseases around the world, donations from retiring baby boomers will be critical for sustaining our mission well into the future,” said Ray Henderson, executive director of Grassroots.org.
The goal of Grassroots.org is to eventually deliver $100 million in value each year to the charities it serves. Click here to learn more about Grassroots.org.
"The reason I built my companies is to serve charities," Mann said. "Making money should not be about superficial material gains, but instead about being in a position that allows you to make major contributions to those who need our help most."
Mann said he hopes his book inspires new philanthropists by teaching the strategies that have made him successful. Copies of the book are available for free for a limited time.