EP 181 Why Business Lessons Start at Home and Why Your Children Need to Start Today!
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In this episode of the Pretty and Punk Podcast, hosts Dan Caldwell and Ildiko Ferenczi delve into a crucial topic: involving your children in your business. Drawing from their own experiences of being raised in entrepreneurial environments and raising their own kids amidst their ventures.
Ildiko and Dan share the importance of including children in business activities from a young age.
They discuss practical tips on how to integrate your kids into your work life, whether you're an entrepreneur or an employee, and highlight the invaluable life skills and knowledge this imparts to them. They also touch on the joy and sense of shared purpose this creates within the family.
Tune in to learn how to prepare your children for a future of leadership and success, while strengthening family bonds and building a lasting legacy. Don't miss this insightful conversation and make sure to share it with fellow parents striving to balance business and family life.
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I grew up in business and I
wanted that for my children too.
00:00:05
I would see how hard she worked.
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I would see how she
communicated with people,
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and that just gave me a
different outlook on stuff.
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No. Oh, that's better, right, babe?
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Yeah.
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Yeah.
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She founded an architectural
concrete company.
00:00:34
He founded a hundred million
dollars clothing company.
00:00:37
She took the world by storm
as a social media star.
00:00:40
He took the world by storm as
a famous serial entrepreneur.
00:00:44
Together we started a business.
00:00:45
And had babies.
00:00:46
Now we're figuring out
the best ways to do both.
00:00:49
Join us as we learn from other
entrepreneurs going through the same life
00:00:53
struggles.
00:00:54
As they share their life,
hacks about success, love kids.
00:00:58
And everything in between.
00:00:59
Guys, listen for you kids
out there and you dogs.
00:01:04
The most valuable thing
you can make is mistake.
00:01:08
You can't learn anything
from being perfect.
00:01:12
Upper term is a usually
the skies as hard work,
00:01:16
so most people don't even
recognize quote by and
00:01:21
land.
00:01:23
Welcome to the Pretty and punk podcast.
00:01:26
My name is Dan Caldwell and I'm here with
my beautiful wife, beautiful friends,
00:01:31
partner and co-host, Hilde, co frenzi.
00:01:36
We have another great podcast.
00:01:38
You never know what.
00:01:38
You're going to get. I'm trying to
switch it up a little bit each time.
00:01:41
I didn't know you were
going to jump right in,
00:01:43
but we have another great
podcast for you guys,
00:01:46
and it stems from just conversations
that we're having with people
00:01:51
and we want to let people know.
Everybody keeps asking the same question,
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how do you include your
kids in your business?
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Because we say that a lot and it's simple.
00:02:02
So we're going to go over a few things
with you guys and talk to you about.
00:02:06
We feel it's important to start
including your kids in whatever you
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do, whatever that is. Even if
you're not an entrepreneur,
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even if you work at a job,
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your kids need to understand what you do.
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They want to understand
they're going to be 18
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tomorrow. You're going to
wake up and they're going.
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To be 18. It goes by so
fast from what I hear, and.
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You need to give them the tools to be
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successful,
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and you have all this knowledge from
years of living that you need to pass on
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to them. And what we're
seeing is so many people feel
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like there'll be time that
they'll do when theyre.
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18. You do later, they'll
figure it out on their own.
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But today we're going to talk
about why we should include our
00:02:58
children in business and why
it's incredibly important
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to start. Now.
00:03:05
Before we jump into that, hey guys,
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we hope you're enjoying today's
episode of the Pretty and Punk podcast.
00:03:10
And if you are and you haven't already
hit that like and subscribe button,
00:03:14
it just takes a second.
00:03:15
It means so much to us because it really
helps the podcast get out there to more
00:03:19
listeners like you guys.
And if you know anybody,
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it might help and you can send it to
them. We really appreciate that too.
00:03:26
We also love and appreciate
your reviews, even the babies.
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Look forward to them every day.
00:03:32
If you share this episode on social
media today, don't forget to tag us.
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We want to celebrate you because we
know it's not easy being a parent in
00:03:41
business and the way that
you juggle things makes you
a superhero that's worth a
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shout out. Together, we have a community
of our personal followers as well,
00:03:50
and we just want to put it out there.
00:03:52
We want to show everybody that
this juggle is possible and
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you are our family and we're
so proud and grateful to have
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you a part of this family.
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So don't forget all the links
are below in the show notes,
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and thank you again,
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and let's get back to the show
why it is critically important
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to include our children
in our businesses today.
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Starting right now.
I know for
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myself, this is how I grew up,
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so it wasn't anything unique. My mom,
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she had the baby and then she
brought me back to the shop.
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I was in a little bassinet. I was there.
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I was there my whole life.
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I grew up in business and I
wanted that for my children too.
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I would see how hard she worked.
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I would see how she
communicated with people,
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and that just gave me a
different outlook on stuff.
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Even the things we were
just talking about it,
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even the things that she gave me gifted me
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toys, clothing,
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I treated them in a different way.
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Everything was mint condition,
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perfectly cared for because I mean,
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even till this day you see
my clothes and my shoes,
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I'm able to resell those. And as a kid,
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one of the exciting things
was when I would have a
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milestone, we would have yard sales. You
don't really have that as much today.
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You could sell stuff online. I'll do.
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A yard sale. I'm ready. Let's go.
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It was fun.
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For me. I did a yard
sale when I was little.
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So I mean, just all these little things,
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it just makes you think different.
It makes you do things differently.
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And when you include them right away from
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birth,
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they just have this different
view of life and they have this
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rich knowledge of the
different things that
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you do in your business.
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You know what honestly
is I think they pick up,
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there's so many nuances that they
pick up on these little things that
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you might not even be
teaching 'em. Remember,
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they learn a lot from just watching us.
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And listening to.
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The language. So when we take
them to, if you have an office,
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if you work for somebody,
if you're employed,
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just showing them what the business is,
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showing them what the business does and
how it does it and how it works and how
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it markets. I mean, we talk to
Daniel about marketing all the time.
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We drive by seeing big billboards and
explain to him why those billboards.
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There's a billboard for milk and
they put these big cows up on the
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billboard and why they have
those cows up there is because it
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attracts more attention
and we explain that to him.
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It's those little things that we've
been explaining to him for as long as he
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could understand is important because he
picks up on those little things that we
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don't and we don't even know.
The brain is so incredible.
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It's a sponge that they're going
to retain these things and it
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will help them make decisions
later on in life that we
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don't even know yet. We don't even
know what those decisions are yet.
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And it might just be a little thing
that just using the cow example
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might imagine Daniel owning a
business. Well, he has a business now,
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but owning this big
business 20 years from now,
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and he's talking about doing a billboard
for the company and he says, oh,
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we need to put this on there. He
may not remember where he gets that
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idea,
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but he'll come up with a great
idea like that because of
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all the input that he's
had throughout the years.
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All these ideas and marketing
ideas because we thoroughly explain
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all the marketing that we
do, how it works, what we do,
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and try to get 'em excited about it
too. We don't just throw it at, I mean,
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you're really good at that too.
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We try to make it exciting
when we talk to 'em about it.
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You're actually better than I.
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Well, even when we used to design
the art pieces for the Billionaire
00:08:23
collection,
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we had added a quote to
each of our art pieces,
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each of these incredible documents
by Abraham Lincoln or Steve
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Jobs, and there was a quote at the bottom.
He would ask us, what does that say?
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He couldn't read yet and he would
start memorizing the quotes.
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He couldn't read. Yeah,
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he was doing these quotes at three
years old and we would tell him, Hey,
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this quote is on this piece.
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So we had a letter from
Steve Jobs signed by him,
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and we put a quote at the bottom
and we'd have him say it on camera
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and we would tell him
it's on this document,
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and he would associate that those
two pieces together and tell him
00:09:08
later who Steve Jobs. Now he knows. I
mean, if you asked him who Steve Jobs,
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he'd tell you exactly what Steve Jobs
dibs and how he built this company.
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Little bits of it, it
might not get all right,
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but because we've talked
about it so much with him.
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And even the way he would speak
to me when I was going through my
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lifesaving surgery and my healing process,
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the way that he would speak to me
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was just so encouraging.
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And even his grandmother that went
through lifesaving surgery, grandma,
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you need to do this. And he would just
take authority. And I'm telling you,
00:09:44
their brains are little
sponges and you may think, oh,
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he is only two or he is only three
or she If you have a daughter
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and they just pick up so much.
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They are so intelligent, and as you said,
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it develops into something
else over the years.
00:10:02
I always remember told, which is.
00:10:03
Their odd given destiny.
00:10:05
You told me, sorry to
catch you up, you told me.
00:10:08
I remember you telling me. And I can't
remember exactly how you worded it.
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And it always made me think,
00:10:17
don't speak to the kids like babies
00:10:22
so much. And I am paraphrasing, I can't
remember exactly the words you used,
00:10:26
but we started speaking to them
and I took that to heart and we
00:10:30
started speaking to
them like adults, well.
00:10:33
Just explaining things.
00:10:34
Explaining things like adults.
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If they can't do something,
you don't just say, well,
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I mean this is in our house, maybe
it works for you. But in my house,
00:10:43
I would never have never
said because I said so.
00:10:48
None of that doesn't, my mom
didn't raise me like that.
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She had an explanation and it was
always an intelligent explanation,
00:10:57
you need to go to bed
because if you don't,
00:11:00
your cells can't regenerate.
00:11:02
I explain everything you need
to be in order to be healthy,
00:11:07
to be able to
00:11:11
just whatever the conversation is,
00:11:14
there is a reason you need
to eat these. Why? Well,
00:11:18
because when you eat your greens,
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it's going to help fight
off the toxins in your body.
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It's going to give you the strength
to overcome viruses, bacterias,
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all the junk food. It's not going
to do anything for you. If anything,
00:11:34
it's going to pull you to a
state of sickness and illness and
00:11:39
inflammation. I tell them
these things and they.
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Understand in words.
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We try to speak in a way that might
be somewhat over their head a little
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bit, but they grasp it because
don't that kids paint a picture,
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can't understand because.
00:11:56
They.
00:11:57
Need speaking in this way.
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Kids are incredibly intelligent and
they just pick up on this stuff.
00:12:04
And when you start to speak that way,
they start to grasp your language.
00:12:09
And we see Daniel doing this all the
time in destiny that they grasp the
00:12:13
language that we use to explain
things and they use it for their
00:12:18
own explanations.
00:12:20
And so if in turn you're using baby talk,
00:12:24
I don't want to say baby talk because,
00:12:26
but if you're dumbing down your language
To speak to them,
00:12:30
then they will use that dumb down
language to speak rather than
00:12:36
the more, I don't want to say intelligent,
00:12:38
but the better explanation that
00:12:44
when it comes out of Daniel's
mouth, sometimes it blows me away.
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I hear him explain how this kid's editing
00:12:53
now and he's doing all kinds of
things that are just staggering
00:12:58
sometimes.
00:12:59
But the way he explains things when
he's trying to explain how he's doing
00:13:03
something,
00:13:04
he'll explain it back to me how he's
editing something and I'm like, wow,
00:13:08
this kid's using some language
that he could do. Of course.
00:13:12
Yeah.
00:13:12
I don't expect that it would be
coming from him because it's,
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and I get it that he's watching some of
the courses that we've got him for his
00:13:22
editing and he's using
their language because
00:13:27
this course is for
adults, it's not for kids.
00:13:29
And so he's using their
language to help explain
00:13:34
what he's doing, which is great.
00:13:36
And so you don't need to dumb down your
language for your children all the time.
00:13:40
I mean, I know there might be points
where you really need them to grasp an
00:13:45
understanding of something, so
you want to make sure they get it,
00:13:48
but try to use the language that you'd
use when you're speaking to another
00:13:52
adult. They will understand.
00:13:55
And when we talk about how
to implement our kids into
00:14:00
our businesses,
00:14:02
you heard at the top of the podcast
we use just the simple thing is
00:14:07
we have our kids. We
didn't have to do that.
00:14:11
Wet, have to put 'em at
the top of the podcast.
00:14:12
Well want them to have some
kind of responsibility that is
00:14:17
the behind the curtain thing.
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Need we tell em podcast.
00:14:20
Kind of responsibility.
00:14:22
But the truth is they're so
excited and wanting to be a
00:14:27
part of this that they say it's
their podcast and I love that.
00:14:32
So even though and responsibility,
00:14:36
it doesn't have to be like a
responsibility. It could be a joy.
00:14:41
If you're doing what you
love, it's a pleasure.
00:14:44
They know that they're helping people
all around the world. We see our numbers,
00:14:48
we see our audience.
00:14:50
They're literally over the
world from and hello everybody,
00:14:54
and thank you for listening.
It's actually so exciting.
00:14:58
We have people in Hungary, China,
Russia, Poland, yeah. Places.
00:15:02
We never.
00:15:02
Thought free where that,
00:15:03
we never knew that we can make
friends all over the world.
00:15:08
And here you guys are listening
and they're just so excited
00:15:13
about that. So it doesn't even
feel like a responsibility to them.
00:15:18
And that's the joy is when you
start falling into your God-given
00:15:23
purpose, your God-given destiny.
00:15:27
It's not going to feel
00:15:31
heavy or anxious. Of course you're
going to go through hard times,
00:15:36
but you're going to be given the tools
to get through it and they need to see
00:15:41
that too. I needed to see my
mom struggle a little bit,
00:15:45
but then get through it.
00:15:47
That gave me the courage when
I was a young adult and in my
00:15:51
teens to get over things with courage.
00:15:56
As soon as without fear.
00:15:57
As Daniel gets good enough at
this editing he's been doing,
00:16:00
and he actually's really good.
I've seen him do some stuff, stuff,
00:16:03
learning all different kinds of stuff.
00:16:04
It blows me away some of the things he's
doing right now for this little kid to
00:16:08
be able to edit that way
beyond my expertise of editing.
00:16:12
But we're firing our podcast producer
because he's going to be our podcast
00:16:16
producer. Yes, he is. I'm telling
you as sure as I'm standing here,
00:16:20
as soon as he gets to that point
where he can start editing,
00:16:23
I'm going to have him sit down with our,
we're going to get some trouble now,
00:16:25
producer. No, shoot.
00:16:28
We can save the money on the podcast
producer and Daniel will start doing it.
00:16:33
I mean, I just want him
to have that. If he.
00:16:36
Enjoys it, whatever it is, if he enjoys.
00:16:39
It,
00:16:39
he's going to do it because I'm telling
him he's got to do it because I want him
00:16:42
to learn how to do it. I
want him to understand it.
00:16:45
I want him to take a
bigger role in the podcast,
00:16:48
not just do the quote at the
beginning, not just do the extra,
00:16:52
the exit.
00:16:54
I want him to be a part of editing. Yeah.
00:16:57
He'll enjoy it, the.
00:16:58
Podcast,
00:16:59
and I know he'll like it and he may
even get to the point where he is like,
00:17:02
I don't want to do this all,
00:17:03
but that's part of being
a part of the business.
00:17:07
You want to be a part of the business,
00:17:09
then you have to do an important
part of the business. And that's.
00:17:11
One of the pieces. That's not even it.
00:17:13
But because we're speaking and
we're doing these types of things,
00:17:18
we're doing the events.
00:17:20
He's not only just sitting
on our lap speaking with
00:17:25
us, he has his own speech.
00:17:29
And he's speaking in front
of big audiences. But
00:17:33
recently I read that the
Trumps, I was reading an
00:17:39
article on Donald Trump and in the
00:17:43
article they were talking about Donald
Trump Jr. And he said in the article,
00:17:47
he said that him and his sister
would go with his dad to work
00:17:52
when they were five or six
years old or he was five or six,
00:17:56
and their dad would just point
out all these things that were
00:18:00
wrong with buildings or with construction.
00:18:02
He would point out all these things
because he was a developer and he would
00:18:06
explain to him, he tells this one story,
00:18:09
I don't remember what the
whole point of the story was,
00:18:12
but I remember that his dad
wanted to build two extra
00:18:16
floors and I guess you
couldn't because of the zoning
00:18:21
law or whatever it was.
00:18:23
So he told him how he
was able to get it done,
00:18:28
and he explained to him this stuff when
he was like five or six years old. He's
00:18:32
explaining to him how he
was able to get around
00:18:37
these laws that were in place,
not trying to break a law,
00:18:41
but trying to get around him so that
he could build two extra floors on this
00:18:44
building because apparently per the code,
00:18:48
he wasn't allowed to build
these two extra floors.
00:18:51
And Don Jr was learning this stuff when
he was five and six years old. I mean,
00:18:55
it's now wonder he brought, and also
the fact that he brought his kids on,
00:19:00
he didn't have to have his kids
on that TV show that he was doing.
00:19:03
It probably made more sense. He had, I
don't know if it was the season before,
00:19:07
I think it was the season before he
had people who worked for him up there.
00:19:11
And then the next season
he said, you know what?
00:19:12
I'm going to bring my kids on here.
00:19:14
I want my kids on here as a part of this
show. And he didn't have to do that.
00:19:20
He could have done that without his kids,
00:19:21
but he decided to bring his kids on this
show so they could be a part of this
00:19:24
with him because he knew at some
point, and we talked about this,
00:19:29
part of the reason why we want to do this
is some point you're going to have to
00:19:31
pass the torch.
00:19:32
That's right. Oh, a hundred percent.
I agree with you. And it's not even,
00:19:38
it seems impressive,
00:19:40
but the jewelry store and my
mom had several businesses,
00:19:44
but the jewelry store was what
she was going to pass on to me.
00:19:48
So at seven years old,
00:19:52
I already knew how to weigh the jewelry.
00:19:55
We sold our jewelry by weight
because the price of gold
00:19:59
fluctuates. So she explained that to me.
00:20:03
She would teach me how to handle
the customers and I would greet the
00:20:07
customers, ask them how I could help them.
00:20:13
And also I knew how to clean
00:20:17
jewelry, buff jewelry,
00:20:20
all the things that a child that
00:20:25
age, you'd be very surprised. Hi baby.
00:20:29
You'd be very surprised.
00:20:33
But our daughter is
parent shopping right now.
00:20:36
And I told her, I said, it's okay.
No, you don't need to ask your mom.
00:20:40
I already told you
00:20:45
don't be pair shopping on my watch. Okay.
00:20:47
Dear. So anyway, it's not, and for me,
00:20:51
I remember customers looking at me,
00:20:55
is it okay if she gives
me the price of this
00:20:59
jewelry? And my mom was very
confident she's going to come up with,
00:21:03
because this is gold and diamonds.
00:21:06
I'm eight years old and
I'm handling customers,
00:21:10
figuring out the price,
00:21:11
but because she taught me
exactly how to figure that out,
00:21:16
I knew how to do it.
00:21:17
And sometimes people would just
come in because they're like,
00:21:21
this woman has her daughter
working there. This is incredible.
00:21:25
She figures out it's not
just a price tag on there.
00:21:29
She calculates the price,
00:21:31
she figures it out for
everything that we ask.
00:21:34
I would weigh it on the scale and then
I would calculate it and give them the
00:21:39
price. And I love that.
00:21:41
I just love dealing with customers
because I knew that business would be mine
00:21:45
one.
00:21:46
Day too, and I think the people are
going to have this question, well,
00:21:50
I don't have my own business
yet. And look at guys,
00:21:55
you want to know something great
that you can do with your family.
00:21:57
Like a lot of people, oh, I want to,
and not that you can't do other things,
00:22:02
so I don't want to say it's do this and
not that I'm just saying that you want
00:22:07
to know something great you can do with
your family all participate as a family
00:22:12
in a business,
00:22:14
even if it may not be a huge success,
00:22:19
it may not be successful out of the
gate. It may fail down the road.
00:22:23
You may decide it's okay. That's
how you learn. That's the pivot.
00:22:26
That's how they.
00:22:26
Learn and there's nothing
to be ashamed of. Try.
00:22:29
Different thing. Being able it
together as a family. Exactly.
00:22:32
Is where the joy comes in. I love.
00:22:36
That.
00:22:36
Where the participant, I mean,
00:22:39
do you think your kids
are going to remember,
00:22:41
I mean some of the things
that you could do that
00:22:46
if they, I mean they're just not
going to remember the video games.
00:22:51
They're not going to remember watching
television or even going to a movie.
00:22:55
What they will remember is you guys all
sitting down at the dinner table talking
00:23:00
about or at a table sitting down
talking about how we're going to
00:23:05
create this and how you want to do this
and you handle this and let's do this
00:23:09
together and why this works. The
best memories, I mean are the you.
00:23:14
It's apparent if you
listen to our podcast,
00:23:16
you can hear how it comes to an KO's
voice when she's talking about how
00:23:21
when she was seven years
old working with her mom.
00:23:24
Those are the best memories of her life.
00:23:27
Never. Yes. And even when I was
older and I started my own business,
00:23:31
I started my very own business at 13,
00:23:34
and it's not like my mom did. No.
00:23:38
I had to figure out what
stock would work every Monday,
00:23:43
and we're so lucky now because you
have the internet and all that stuff.
00:23:47
But we would drive into
Vancouver and I would go to the
00:23:51
wholesale shop to figure out what
kind of products I would be talking.
00:23:56
My mom wouldn't say a thing.
00:23:57
She would sit down there and write
her notes for the jewelry store.
00:24:02
We still had the jewelry store, but
this was when I was a little bit older.
00:24:06
She wanted me to make sure that,
00:24:09
and if you guys know
the story, my mom did,
00:24:13
we got robbed later on in life.
So again, we had to pivot.
00:24:17
But when I was 13,
00:24:19
I felt like I was missing
out on what the kids were
00:24:23
doing at my age,
00:24:25
and I started to lose a little bit of
interest in the jewelry store. So she
00:24:30
wanted me to just really figure out what I
00:24:35
wanted to do in life
because life is precious.
00:24:37
And she said she could go at any time,
00:24:41
but she didn't want me
to fall into the system.
00:24:43
So she wanted me to figure out
what I truly enjoyed doing.
00:24:48
I started a party shop. I had
to learn everything about that,
00:24:51
how to create the bouquets for birthdays,
the balloon bouquets for birthdays,
00:24:56
for weddings,
00:24:57
how to decorate a hall and make
it look incredible for a wedding.
00:25:02
I had to do all that stuff myself.
00:25:05
I had to figure out what
inventory would sell in that shop,
00:25:09
napkins, paper plates, everything.
00:25:11
I could tell you everything that
needs to be done for a party shop.
00:25:16
But then later on, again,
00:25:19
I started missing the customers
that would come into the
00:25:23
jewelry store.
00:25:24
So it was a phenomenal lesson
for me that I will never
00:25:29
forget. Then sadly, we got
robbed and I was just too,
00:25:35
my mom and I both,
00:25:36
we had post-traumatic stress when a
guy would come in with sunglasses on
00:25:41
his head or it wasn't going to work.
00:25:44
So then we started real estate.
00:25:48
Pivoted.
00:25:48
Again, it pivot, pivot, pivot. And then.
00:25:50
You saw that,
00:25:52
and that's affected you throughout your
life though we've been in real estate.
00:25:56
Let me ask you this
though. What do you say?
00:26:00
Because this is the whole reason for the
podcast because we're talking to people
00:26:04
who are saying, well, I haven't
started my business yet.
00:26:08
What do I do with my kids? Then?
00:26:10
How do I include my kids
in what I'm doing? Then.
00:26:15
Here's what you do. I'm going to tell you,
00:26:17
you include them in whatever you're doing.
00:26:22
You're a stay at home mom.
You just had another baby.
00:26:25
Teach them how to change the diapers.
00:26:27
Teach them the formulas that
you feeding your children,
00:26:32
not formula,
00:26:33
but the food that you're
making for your baby
00:26:37
from scratch when she's or
he is ready for solid foods.
00:26:43
Include them in setting the tables.
00:26:45
Include them in cleaning around the house,
00:26:49
include them in the gardening,
changing the tire. Dad, whatever it is,
00:26:53
include them. Give them the
sense of responsibility,
00:26:57
the things that go on in the
house being a stay-at-home Mom,
00:27:02
you're still the CEO of the home.
00:27:04
You can delegate things and
teach them how to do it right,
00:27:08
how to do the laundry
correctly, how to make the bed.
00:27:11
There is so much that you can
do to include your children. And
00:27:16
imagine when you do
have your own business,
00:27:20
imagine when they're 18,
00:27:22
you don't need to send them off to
college or university if that is not what
00:27:27
they want to do.
00:27:28
If they have a strong interest
in being involved in that
00:27:33
family business, now you've
been involved for years,
00:27:38
you have money coming in,
00:27:40
you are able to buy them a house
rather than have that debt from the
00:27:45
university and the college that
they may never be able to pay off.
00:27:50
They are going to be an investment in
that business because there is a different
00:27:55
set of eyes looking at
the growth and how to
00:28:00
market in a different way. They
are an investment to your business.
00:28:04
They are going to take
over and help you grow that
00:28:08
company into something that
maybe you didn't even imagine.
00:28:13
Then they're going to get married and
their family is going to be involved in
00:28:17
that business.
00:28:18
And when you're elderly and
they're going to be able to
00:28:23
take care of you because they're
not somewhere across the world
00:28:28
trying to figure, figure.
00:28:29
Their own out trying figure out.
00:28:30
Out and struggling and with broken hearts,
00:28:33
they have to put you in a
home where you die alone.
00:28:36
Anyway. Well, on top of that,
I'll just say that for dads,
00:28:39
even if you work for
somebody else, you can.
00:28:43
Tell them them exactly.
00:28:44
How the business runs,
what you're doing exactly.
00:28:46
Tell them the business runs this way.
00:28:48
Why you guys are marketing the way that
you're doing whatever you're involved
00:28:52
in, whatever your responsibilities are,
00:28:54
you can explain to them
exactly what you do,
00:28:58
how you do it, why it's
important, why it changes,
00:29:03
why it's good for the
business, why the business,
00:29:07
even things that you
don't handle yourself.
00:29:09
You can explain to 'em why the
business is targeting a certain type of
00:29:14
customer that might have nothing
to do with what you're doing,
00:29:16
but you understand it because
you're a part of that business.
00:29:20
So explain to 'em everything about your
business and what you do and what's
00:29:23
important to you and what
your responsibilities are.
00:29:27
It will go a long way with your
kids and your kids will understand.
00:29:30
And I know a lot of us think that our
kids don't care about what we're doing,
00:29:33
but they do.
00:29:34
They want to be included
and they want to learn.
00:29:37
They are so hungry for information.
They are little sponges.
00:29:41
They want to learn. They want
to know what you're doing.
00:29:45
You are their heroes.
00:29:47
You are their best friends
and they're literally
00:29:52
the first thing they want to
see in the morning is you.
00:29:55
They want to be included.
00:29:57
So rather than just telling them to
go do something else until you're done
00:30:02
or you've had your morning
coffee, if you have coffee,
00:30:05
include them in the conversation.
00:30:08
Include them in what
you're doing for the day.
00:30:11
Don't just throw them on the
iPad or your phone because
00:30:16
that's just going to become
addictive and they will not
00:30:21
collaborate with you.
00:30:23
They will not join the
conversation because then
they're going to have their own
00:30:27
little thing and you're going to.
00:30:30
Lose. There's going to come a time where
they won't want to talk to you. Yeah.
00:30:33
You're going to lose them. So.
00:30:34
They got friends, other.
00:30:36
Things going on in their life. Yeah,
00:30:37
it's really important to make them your
best friends and your business partners
00:30:41
at a young age, even if you
don't have that business.
00:30:44
Yet.
00:30:44
I love Joel Olsteen and his daughter sings
00:30:49
on the show. She's on
stage during the services.
00:30:54
If you don't know who Joel Osteen is,
00:30:56
he's a preacher on television
and online and we watch
00:31:01
his show sometimes and just
the way his whole family,
00:31:06
not only did he take it over from his dad.
00:31:09
Right, he was behind the scenes,
00:31:11
never ever believed that
he could get on stage and
00:31:16
do what his dad did because his dad
was so great at it and somehow he
00:31:21
just fell into the shoes of his
father. Joel was just editing.
00:31:26
He just wanted to make sure that
his dad was, looked incredible,
00:31:30
sounded incredible, and
got his message out.
00:31:33
And now Joel is hitting 10 XA
00:31:38
hundred x more people than
his father ever reached.
00:31:42
And he did that by watching
him and learning from his
00:31:46
father.
00:31:47
Which is incredible. And his wife's
involved, his sister's involved,
00:31:52
his brother's involved, his daughter's
involved, his son's involved.
00:31:56
They're all involved in
this family business.
00:31:58
How great would that be to be able
to work with your kids and know
00:32:03
that they're close to you and
you guys get to work together?
00:32:06
Yes. Oh my gosh, that's a
dream. And this is nothing new.
00:32:11
We've been doing this, what, 75 years ago.
00:32:16
That's how it used to be.
00:32:18
You used to build the business and
you would pass it on to your children,
00:32:22
then they would take care of you when
you were elderly and then the cycle would
00:32:26
just go on and on and on.
00:32:28
And hopefully you have a great
business where you can do that.
00:32:31
But this is nothing new.
00:32:33
The new thing came when you would
send your kids away in Europe.
00:32:37
My mom said when you were an apprentice.
00:32:41
To do, well think honestly,
00:32:42
it's not even so much that it was
75 years or a hundred years ago,
00:32:46
whatever it was, it's more
that it was a European thing.
00:32:50
And because you hear Gary v talk
about it when he talks about his
00:32:54
dad and how his dad was very strict
with him and he was made to work
00:33:00
in the family's liquor store
or whatever it was that he
00:33:05
had. But he learned from watching
his dad. His dad was a very,
00:33:10
very hard worker and he wanted,
I'm sure I'm just guessing,
00:33:14
but I'm sure his dad wanted to
pass that business down to him
00:33:20
at some point and he needed
his son to understand.
00:33:24
And maybe he thought, Hey, if my son
doesn't want to run this business,
00:33:28
then so be it, and maybe I'll sell it,
00:33:32
but at least I want to build it for him
and give him an opportunity if he wants
00:33:37
to take it over. And Gary ended up doing,
00:33:40
I think his first gig was that he
started this wine YouTube show,
00:33:44
and that's really how he blew
up trying to help his dad sell
00:33:49
wine, which is part of his business.
00:33:51
And that's the important thing.
00:33:52
It creates a shared
purpose and strengthens the
00:33:57
family ties,
00:33:58
making us resilient
against life's challenges.
00:34:02
Because the more people that are
involved in that purpose, the better,
00:34:07
the stronger your chances of
success. I got a baby falling asleep,
00:34:12
my.
00:34:12
God. So we got our babies,
they're here with us.
00:34:16
We involve them in the podcast, we
involve 'em in everything that we do.
00:34:20
And it's worked so well
with us. And honestly,
00:34:24
it's what got Daniel speaking. We
didn't make him become a speaker.
00:34:28
He wanted to become a speaker. We
were showing him people speaking,
00:34:33
including ourselves, speaking on stage,
00:34:36
and he would see us speaking on
stage and he said, I want to do that.
00:34:41
And so we started working on a speech
with him, and next thing you know,
00:34:46
he's speaking in front of
thousands of people up on stage.
00:34:50
It's incredible.
And that all came from him
00:34:54
watching us do what we do and
then wanting to be a part of that.
00:34:59
That's right. And so guys, I hope
that you got something from this.
00:35:04
And if you guys are doing that with
your kids right now, let us know.
00:35:08
We love hearing these success stories.
00:35:11
We get a lot of those from people who
said, this is what I do with my kids.
00:35:16
And they tell their own version of
it. And we even learn stuff from that.
00:35:20
And it's incredible to watch you guys with
00:35:25
your kids, with the next
generation of entrepreneurs.
00:35:29
Or.
00:35:30
Whatever. I love the family, end
up doing businesses. I love it.
00:35:34
I wish I could live like a thousand lives
because I see people doing different
00:35:38
things like creating a farm or kind of a
00:35:43
utopia with all their family
living on this farm together,
00:35:47
running this farm business. I
always wish we could do that.
00:35:50
Get all our kids and go buy a farm
somewhere and just run this farm together.
00:35:55
I mean, those are such great stories.
00:35:58
If you have a story like that or whatever
you're doing with your kids to involve
00:36:02
them in your life and in
your business, let us know.
00:36:05
We'd love to hear these
great new ideas and new tips,
00:36:08
and we'll pass 'em on
to the other listeners.
00:36:11
And we thank you guys for tuning
into this week's Pretty punk
00:36:16
podcast. Do you have anything, Ben?
00:36:17
I just wanted to add Proverbs 1322,
00:36:22
A good person leaves an inheritance
for their children's children.
00:36:27
And by involving our
children in our business,
00:36:30
we're not just leaving them the wealth,
00:36:33
but also wisdom and skills that will.
00:36:36
Last it the.
00:36:36
Wisdom generations. It's not.
00:36:38
The wealth generations because our kids,
00:36:40
we're probably not going to give 'em
anything. We're going to burn it,
00:36:43
take it with us, bury.
00:36:44
It with us. No, but they'll have
the business. And that's the thing.
00:36:47
The wisdom and the wisdom,
00:36:50
and it's going to just pass
on and pass on and pass on.
00:36:53
And that's a beautiful thing. That's
the legacy, the building of the.
00:36:57
Legacy. That's the real importance. Yes.
00:36:59
So thank you guys for tuning into this
week's Pretty and punk podcast and we
00:37:02
will catch you guys next.
00:37:04
Week. God bless you guys. Thank
you so much for joining us.
00:37:08
I hope you guys got something
from today's podcast.
00:37:12
Make sure to teach you children
business early on in their
00:37:17
life. God bless. See you guys next.
00:37:20
Thank you for listening to
the Pudding and Punk podcast.
00:37:24
Next time, I hope you can listen
with your kids. Have a good.
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