Bad money lesson #1: Time and tasks are your commodity
Bad money lesson #2: Do the bare minimum
Bad money lesson #3: Life is about work, then play
Good money lesson #1: In life, we have responsibilities
Good money lesson #2: Real value comes in solving problems
Good money lesson #3: A great business takes a great plan
Good money lesson #4: Life is about work as play
- Not everyone wants to own a business, even if they are super talented. As an entrepreneur, it’s always a privilege when you can give people a good livelihood.
- A fact of business is that part of being able to keep good people employed is having a profit margin that allows you to do so.
- At 7, Liam isn’t able to fully comprehend the balance between making money with a great team versus treating people as a means to an end. There’s no reason to be having those discussions with him at his age.
Read more: https://medium.com/@thejakers/raising-entrepreneurs-26be9abf3c52#ixzz3Cs5a7PwB