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In the Loop with Andy Andrews

ITL242: The Trick to Preparing Your Kid for Entrepreneurial Greatness

In the Loop with Andy Andrews

Matt Lempert

Business

4.9614 Ratings

🗓️ 18 June 2016

⏱️ 24 minutes

🧾️ Download transcript

Summary

On this week's episode, I talk about how you can help your children learn how to treat people with respect-—which will serve them well when they get into the business world.

 

If you want change to occur in your child or your world in general, two things have to happen:

  • Answer for them the question of "What's in it for me?" and prove what's in it for them beyond a reasonable doubt.
  • You want to connect with your child and have them explain what they want.

 

If your child has an entrepreneurial mindset, explain that they have an opportunity at a young age to learn to deal with people in a "practice game."

  • What happens if you start a business and are always getting angry at your employees?
  • If you wait to learn how to deal with difficult people until you try to start a business, you'll probably go out of business before you figure it out.
  • If you go into the game already knowing how to play it, you're going to get much better results.

 

Tune in to learn the personality type I think is best, and why I had to make a change early in my career to keep people from feeling uncomfortable.

 

Questions for Andy

 

Would you like to run something by Andy? Contact us and your question might be featured on the show!

  • Phone: 1-800-726-ANDY
  • Email: InTheLoop@AndyAndrews.com
  • Facebook.com/AndyAndrews
  • Twitter.com/AndyAndrews

 

 

Transcript

Click on a timestamp to play from that location

0:00.0

You're listening to In the Loop, a unique opportunity to see life from a different perspective

0:06.5

with New York Times bestselling author, Andy Andrews.

0:10.4

Now here's your host, David Loy.

0:13.1

Hi, and welcome to In The Loop with Andy Andrews.

0:16.0

I'm your host, David Lloyd.

0:17.5

Andy, thanks for joining us again this week.

0:20.3

David, thank you very much. Andy, over for joining us again this week. David, thank you very much.

0:23.3

Andy, over the last couple.

0:25.0

I'm having a great time.

0:26.6

Yeah, well, and over the last couple weeks, you caught me off guard a couple times because we had our first In the Loop sponsors.

0:34.3

So I'm curious to know, do we have anybody this week?

0:38.8

Today's episode of In the Loop with Andy Andrews is sponsored by Rocker Man. Rockerman.

0:47.3

Rocker Man noticed the difference in the handcrafted furniture from Weatherford, Texas.

0:54.4

Weatherford, Texas, that is not too far from where I grew up.

0:57.7

That is terrific.

0:59.1

Well, let me just tell you, let me tell you, dude, Rocker Man, I mean, this is the outdoor

1:03.6

furniture that we have.

1:05.9

I mean, I, and I, when I found out about it, and you just, you got to go to rocker man of Texas.com.

1:14.8

Yes.

1:15.1

Okay.

1:16.0

And I saw this furniture at a, at this hotel that I was at in, somewhere in Texas.

1:24.4

And every one of these hotel rooms outside the room had two rocking chairs.

...

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