Dave Ramsey Profile…
Business Tennessee’s Kate Porterfield has a big profile of FBN’s Dave Ramsey. Link 1Link 2Link 3
It goes without saying, for example, that there’s only one Dave Ramsey, which begs the question—what will happen when he’s not around? Establishing a transition plan is a must for any “small business” owner, but it becomes even more imperative when the CEO is also the product. So, though he’s not yet 50, Ramsey says he’s been spending quite a bit of time trying to determine what the Lampo Group will look like when he can’t wear either hat.
He’s not sure yet whether that’s a transition strategy that involves his now college-aged children and/or their spouses. His 19-year-old daughter Rachel recently hosted Generation Change—a new product for youth groups in churches, and though he believes she’s “got the stuff” to fill his shoes, it’s hard to say whether Rachel, his other daughter or son will “want to involve themselves in this organization.”
The other part of leaving a legacy, he says, involves something that he decided he wanted to do about 10 years ago when he was on his first book tour.
“I was in Seattle having lunch with a guy, and we were looking out across this beautiful patio at all these houses,” Ramsey explains, “and he said, ‘There’s 25,000 Microsoft millionaires in Seattle alone, people who worked for Microsoft and became millionaires working there.’ I thought, ‘Yeah, that would be nice.’”


