Hey, it's Ryan Holiday. Welcome to a weekend episode of the Daily Dad podcast. I think all parents

struggle. I think there's probably nothing harder than being a parent in a world of scarcity

and difficulty and adversity.

So I'm not minimizing how hard that would be, but I think also raising a child amidst

abundance is difficult.

If you're wealthy, successful, prominent, how do you raise normal, well-adjusted,

successful kids when they can potentially have anything they could ever want when you don't have to say no, when you may be in a place where you want to give them all the things that you didn't have?

Obviously, I've experienced some success in my life, so I was thinking

about this, but I wanted to get some advice from someone who's really experienced it.

When I interviewed David Rubenstein, I had a chance to ask someone to whom money is not even

remotely a concern, literally a billionaire, one of the richest people in the world, but also someone

who's very thoughtful. He's the author of several books, including how to lead wisdom from the

world's greatest CEOs, founders, and game changers, most recently how to invest Masters of the Craft.

He's also a proud father. And so I asked him how he has raised well-adjusted kids in this world, how he's

pushed them to still be ambitious, to still try to do things, how he's tried to raise them

amidst abundance without spoiling them rotten. And I wanted to share that perspective with you.

You can listen to the full interview over on Daily Stoic.

Here's the real relevant parenting stuff for you. And thank you to David for coming on the

Daily Stoic podcast, actually twice, for being transparent and open enough to share some of this

insight with all of us. I hope you like it.

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