A: It should definitely continue on, and as we make more money, we can give more away. That's pretty important to us.
I learned a lot of this from Ted Turner. I joined his United Nations Foundation Global Entrepreneurs Council, and I got a perspective of how these multigenerational families do it. I asked Ted his biggest advice, and he said: "Make more money, and give it away."
I want to leave a legacy for my parents and myself. I want that to be something that is known - that we are generous, that we have thought of others. We should share that and hopefully inspire others to do what they feel compelled to do.
Q: What about the future of the company?
A: In 100 years, realistically, the company will get too complicated and big for the kids. There are fourth-generation businesses out there, but they are super-, super-rare.
It would be awesome to say it stays in the family, but the last thing I would want to do is make anyone feel burdened.
Q: Your children won't remember the kind of financial struggle that shaped you, so how do you pass along your values to them?
A: I don't remember a day in my life when I was not working in some way. My first paid job, I was 14, but worked as a 6-year-old. We weren't poor, but I still remember when my parents dropped a pizza one night, and they picked it up, scraped up the cheese, and we had it for dinner.
And that's what I tell my children about. This next generation, they have access to so many things. I'm trying to make my life more comfortable, and they happen to be along for the ride.
Q: How do you include them in the charitable works that you do?
A: When I am involved in a charity of any sort, I share with them what I am doing and what I hope the impact will be, whatever is age-appropriate.