How the Wealthiest Families Teach Their Kids About Money! Do This to Unlock Abundance! Scott Donnell

We either learn to master money or it will Master us so it starts with an understanding where money is never my identity good or bad Scott Donald welcome founder of gravy stack and the author of value creation kids Scott Donald if you have an abundance mindset you're able to see even hard things as opportunities in Disguise as blessings as blessings the hardest things in my past I'm talking hard gut-wrenching near Bankruptcy miscarriage death I could either say screw you to the world for this or I can say what am I to learn here and how

can this be of service to others wow so you want to the number one strategy of the top 100 families in the world yes okay it's teach your kids to create Value First not money how can someone start to reprogram their psychology or mindset in order to develop something healthy around their values yeah so they can teach that the People in their family an easy way really Legacy is raising children and grandchildren to go by you in every way wow that is the true hack for all Financial competency what is money let's get into this

what is money welcome back everyone to the school of greatness very excited about our guest we have the inspiring Scott donnald in the house good to see you man good to be here lisis thanks for having me wel welcome to the show there's Something that I'm interested that you have uh done that I'm interested learning about you studied over 100 multi-generational high net worth families for over a decade yep and you studied what works what doesn't work how they build their wealth uh what they do with their wealth after they die how they pass on

the lessons or the money to the family after their legacy's over or when they move on what are the strategies that these 100 high net worth Families have the three things they all have in common yeah that keep them in peace with the money they're making yeah and have good relationships with their family and their kids yeah to make sure that money doesn't ruin their lives yeah well that's the first thing um they have a correct view of what money actually is what is money but let me back up for two seconds because I'm not

just studying the richest families in the world half of our families were the richest or were On track to become well extremely wealthy who gave who were generous who stewarded it well for their family's investment so one of the main things I want everyone to hear is like one of the biggest things I learned with the best families in the world is that they believed in Heritage over inheritance what's the difference well inheritance is just leaving them stuff leaving them money this is what the whole financial world is trying to get you to think yeah

Your job is to die with assets to take care of them that's what you should Define as love and I'm like no no no no 90% of generational wealth transfer gone by the grandkids really gone what people don't study because I'm a 7 million family this is my world I wanted to know what was underneath that okay what happens if you just pass on a bunch of money and assets and homes and stuff because you love your kids and you want to take care Of your grandkids what happens if you pass on money to kids

or grandkids that don't understand money that's right if they don't understand it you get a whole host of nightmares mental health impostor syndrome I didn't earn this I know I didn't earn this lottery ticket why does everyone that wins lotteries go crazy and go broke they end up giving it all or in bad Investments they don't know how to manage it they don't know how to create value in the World they don't have the right relationship to it and then there's mental health violence addiction estrangement of kids so many breaks in relationships divorce destruction rampant

because of money because of the money and the Stu or at worst they're just waiting for their parents to go like how many people like it's very hard for people to admit this but even if you're doing well and then you're dealing with assets of an older family Member you're just for the last 10 to 15 years of their life you're thinking about it a lot you're you're you're it's you're consumed by it what like when they're going to go so you can get their stuff yeah so then they stop risking because they know eventually

you're going to get this you stop creating value you don't take that chance you don't build that new thing you don't start that company like I'm going to wait for the pay I got a big I'm in this Boat in a way right now I've got a big payout coming at the end of the year really from an exit of a company three years ago with like the last 5% is hdden at the end of the year it's a guaranteed you know big check and I'm looking at it like and I'm teaching this and learning

this from these families and I'm unpacking and realizing that every at least once a week I'm like yeah but that's coming and I don't have to work as hard or I don't have to add value Here because I don't have to take that chance I don't have to create that value I don't have to dive into learning this thing I'll do that after this that'll give me all the freedom and peace to do it give me cushion the same entitlement mentality wow so inheritance has a lot of inherent problems but if you focus on Heritage

which to me is a last name that means something the values of the family it's the mindsets the skill sets what we care about as a family right when Somebody hears the the how's name yes in the world what is what's the smell what was it remind them of what the feeling that's it what's the essence yeah the Danish have a term called hug it's the feeling you get when you walk in someone's house that's the smell of their family the scent hug to me is Heritage so I believe families need to work on Heritage

instead of inheritance if you get Heritage right and you're training them up the right way then Really The Inheritance is less of an issue you can still leave some yeah I'm not like tough love let them scrape like I'm not that guy zero I'm not that guy but there's a process for this right there's a difference between an I love you gift and a coasting gift what's the difference the moment it kills their desire to create more value in the world you've moved from I love you to coasting and the bigger problem is that when

you have multiple children one of Them might be a high earner like if my parents died and left me tons and tons of cash at this point I am financially competent of six businesses millions of customers thousands of employees I know what to do to Steward it well and it's not going to ruin my identity my I'm not going to say who but other family members cousins other people if they got the same amount of money would crush them really they they yeah what they all want it what happens To someone psychologically yeah when they

are given a large sum of money that they have not earned mhm and it's too large for them to really Steward in a healthy way what happens psychologically to a human being when you win a lottery that's too big for you to understand and comprehend y too much money or you're passed down an inheritance that is too big yeah well it's it's like a it's like a participation trophy on steroids so this is why if you're not Prepared for the blessing for the reward yes you know there's this verse in the Bible okay I don't

want to get to Jesus on you but there's a verse in the Bible that says God's not going to give you more than you can handle I actually believe that that's that's not pain and trials I think that that has to do with blessing and reward see what I think is God actually helps us through the hard stuff like the the Hard in the trials of life I call them healthy struggles okay our book value creation kid the healthy struggles your children need to succeed that's the point when you go through healthy struggles right things

that grow you you're refined you learn how to create value you learn humility and empathy and strength and inner confidence yes not hey Lewis you're pretty you're smart you're nice no no inner confidence what does our friend Alex say he's like you Don't get Confident by chanting incantations in the mirror but by having like an undeniable stack of like accomplishments Pro things you've overcome so I actually think that that has to do with like God's not going to give you more blessing than you can handle more stuff more opportunity because I think if people get

there without the journey without the value creation Journey ruins them like it it this is How you um actually lose Faith this is how you think you can do it all your own this is where you get impostor syndrome this is this is where you get like fear anxiety or greed misplaced right this is this all the bad stuff happens all that stuff yeah but if you've gone through that Journey you're refined you're prepared so how do we prepare for the blessings of more money then I think it starts with training up our children this

is my world man like True Value creation for our kids is the game so we have this thing called the home economy system we could unpack how how I got here if you want me to but I think I think allowance is socialism okay I know that comment right there is going to get you thousands of pissed off people but can I unpack that for a minute please what's what's the and even chores like if you just do allowance for chores it doesn't work and let me let me explain why is allowance for chores or

Automatic allowance every week a bad thing for kids if you because allowance is codependency and it's tied in our studies to a lack of motivation and an aversion to work if you teach children that they get the same amount of money every week just for existing or put doing the bare minim or putting in the time and effort you got a problem interesting it's not creating value that's right what is money let's get Into this what is money money is not good it's not bad that's what that's what people think money is amazing you should

focus on well that's a keeping up with the Jones's identity trauma waiting to happen if they say it's bad that's a poverty mindset said the Bible does not say money is bad it says the Love of Money the idol of money money is neither good or bad money is a tool that makes you more of what you already are it is a store of value a store of value what Does that mean it's a it's a store of value that's created so when we teach kids and families at our dinner table program we literally say

create value first so you want to know the number one strategy of the top 100 families in the world yes okay it's teach your kids to create Value First not money because money is a store of value you have to go back to First principles if you focus on value creation material value what you create and produce in the World solving problems Financial reward is the reward of that emotional value good friendships how you think how you feel spiritual value how you love how you live mindset Lifting me lifting you up above your issues to

a high calling to God getting out of your ego and like that's spiritual value yes so if we can teach our children hey we're going to be value hunters in this home that is the number one greatest asset you could ever give them it's an unfair Advantage for The rest of their life and what you don't do is you focus on the money side so you don't talk about the money the money comes as a result of value creation so back to the allowance reward allowance teaches them nothing about creating value for money and then

what parents do is they say well my kids do a list of chores and I give them an allowance okay so now there that's value because they're helping out around the house or they're contributing right but The problem there is that half those chores you should never tie to money those are those should you should never pay your kids to make their bed and clean their room do the dishes in trash homework that should be just a way of living that's the role in the family yeah this is what we do it's we call those

expectations yes standards yep so that's why chores doesn't work the first part the other half those chores should be a menu of ways to earn and it should Be unlimited oh okay and then so we call those gigs so this could be a list on the fridge or wherever that's like here's 100 gigs yeah or make it up or make up go find ways to create value I'll tell you how much that's worth for me and that is the winner for every single family the moment your kid starts hunting for ways to create value at

home or in the neighborhood we call those Community gigs now they're going out and having a lens to see the world not what I can get but how I can create value for others that is the true hack for all Financial competency what are the three most valuable gigs that you have at your home that your kid that you ever gave to your kids or they gave to you and you said yeah I'm willing to pay more for that yeah uh we're at a point now they have about a dozen gigs that are on the

list and we our our system the dinner table program you literally get a print out for the fridge it's Auto repeating You can pay your kids every week it's a Payday but remember we have expectations we have gigs but we have expectations are separate that's free you don't get you don't you don't get paid for showing up and living a standard of Excellence that's right but the gigs we we break them up so there's action gigs and there's brain gigs what's the action gig action gigs are kind of what you might think of some chores

like sweep the garage wash window Something in the yard clean a bathroom make a meal brain gigs are my favorite part read a book and give me a report on it yep podcasts TED Talks this one right here kids parents should be like offering up $4 dollar if their kids tell you tell their parents three things they learn from this and one thing they're going to apply to their life yeah we call those brain gigs no sugar for a week I am statements every single day for a month interesting these should be Tied to Value

because it's creating value with your brain you and I our whole life is creating value with our brain way more than our hands and feet why are we not teaching that to Children right homework is an expectation but there should be a ton of brain gigs so my three favorite I'll give you my three favorite and we automate these in our app okay subscription hunt what if you had your kids save money what if your kids go cancel all the subscriptions That you forgot you were paying for and they hunt and find them and you're

giving them a cut yeah what a brilliant brain gig uh-huh couponing the average family in our system the kids and the teenagers starting as young as 6 years old are saving them 26% on groceries wow by learning to find the four ways we teach them to get coupons and they get a cut of savings cut um it's all automated and then plan the next family trip what if Your kids what if your 10-year-old plan the entire my seven-year-old is doing it right now what if they got three flights three hotels uhhuh or VRBO or turo

Uber rental car and got the best deal where are we going to eat what are we going to do they will save you a grand I guarantee you they will save you a grand and they will love that trip they will own that trip and remember for the rest of their life and then free you up so much time interesting yeah see our Whole system our job was how do we teach Financial competencies and money without the trauma and with and with a deeper relationship as an end result with the family right because what I

just explain to you has no more conflict over chores kids never ask for money and stuff again because they know if I want money I got to do one of these things I know where to go I have power it's unlimited it's Unlimited see and now here's the trick the third e we have Expectations extra pay and then expenses this is where every parent goes wrong they think that the way to buy love no they don't even realize it's buying love but it is buying gifts and giving them they pay for everything they think it's

their way to love their kids so they buy everything that we have a list they're like if you start passing off expenses now you give your kids a motive an intrinsic motivation to earn and create value value for gigs no more conflict so These are like toys starts with toys and games and trinkets and if they any sport they do have them pay for something like the basketball or the cleats have them be in charge of skin in the game skin in the game social outings with friends uh my favorite one birthday presents for your

kids parties that they go to my seven-year-old Reagan couple weeks ago she was the only kid that went to the ninja gym party yeah yeah yeah she's the only kid at the party that bought the Present cuz we told her it's on her list on the fridge she knew ahe time we didn't have to tell her she knew she had to make the 12 bucks after save and invest and share she knew she had to get this present so she planned ahe she grabs the present she puts it in the little bin with tissue and

signs Reagan she's seven dude we go to the party every other kid just Chucks it on the table their parents buy them anyone listening with kids they we we've done This everyone does this the kids do not learn generosity with any of that they didn't even open the presents at the party wow but halfway through the party rean walks up to me unprovoked with the birthday boy our friend Dawson and she's like can can we open my can he open my present now I want to see his face like sure so they sit down in

the Ninja gym and he opens her present and is on Cloud9 big hug wow she's beaming ear to ear all the other parents they're Like what just happened I'm like Reagan's learning generosity she's going to be that 25 5-year-old that's like taking care of her friends hospitable service oriented they car that's generosity you got to earn it first here's the whole point unless you earn as a kid okay this is why schools fail this you can't homework money we were talking about this before unless you earn it by creating Value First you'll never be able

to learn how to save or Invest or spend or share but parents give their kids 10 bucks to go put it to the giving thing church or whatever they don't learn it that way kids give them an allow and say here here's your debit card whatever Chase for kids or green like that doesn't work you they'll they're just spending your money it's not their money they won't learn delayed gratification to save and invest if you're just giving them stuff so this is why we start with value creation first And then the home economy system like

once you implement this and and a lot of people try this they know what I'm saying they all agree but they have to do whiteboards and checklists and Google spreadsheets and stuff that they erase and go grab a bunch of roll of quarter and ones from the and they do it for a month and then they quit yeah it's too much it's too tired right so our system like dinner table and our app trains the parents on how to have this automated Auto repeating gigs print out every week for the fridge oneclick payments like it's

all set to teach the kids so that's why we built it is like how do we make this super super easy for families to do that's great man you know one of the things I think about is is the trauma that money brings to families you know originally as a kid you your parents fighting over something y uh a lot of divorces are either caused or influenced around money traumas problems arguments That just resentment frustration lack of love all these different things so what is money trauma and how can we start to heal from the

money traumas we have yeah so we did a study when we started all this because we've been we've been doing business fairs for a decade the online helping of kids 7 million families we surveyed at ton of them like four years ago what we found was that parents said we have no road map here we have no One's ever taught us how to pass on the financial competencies all we were told to do was like give them a allowance in three jars maybe if we're smart save spend share get them a bank account when they

hit puberty try to save for their future and maybe do a lemonade stand if we have time like that's all they're ever taught which none of those really help unless you're going this way the kids the most profound of all of it these kids said we don't want to talk About money it's the biggest fight in our home and we're like okay so we did a follow-up survey what do you mean tell us what did they say what were the questions so this is what we heard parents go we can't afford that do you have

any idea how much that costs money doesn't grow on trees do you know how hard I worked to get you this and you guys just blew it or you took it for granted you you broke That do you know how much that was for me to buy for you you hear yeah the resentment anger frustration they hear parents battling over bills they hear it parents parents think they protect them but they're not they hear it what does that cause in a child when they hear parents arguing over money and battling over bills they see money

as an absolute like fire cracker for fights um it's immediate rejection of this idea of money they have a negative connotation To it right away um and then when there is money involved parents are buying the things for them like uh every parent has this struggle they think that oh yeah I just want to take care of them like let's go out let's go on the trip I want to buy this for you I want to give them what I didn't have that's right I want to give them all the things I never had growing

up I want to give them all the opportunities I never had I don't want them to have to deal with the crap I Dealt with that's what parents say and it's out of love the intention is good fastest way to entitle them see we have an epidemic of entitlement and parents don't realize it because it's coming from a place of love so what we're trying to get parents to do is be like really clear on how do you teach what money is start with value creation and have open conversations like we have 200 dinner table

questions for families in our free Community it's like the dinner table whatever we'll give you the links but you go through this with your kids in an open way if you're investing why are you not teaching your children even as young as 6 years old what the investment was what the return is how it's going to help create value for people and why you're excited about it right everyone doesn't do that when you're giving as a as a parent if you're donating to something why are you not Bringing your kids into the conversation ask them

if they think there's a better idea or who else they might want to give to or tell them what the service does the value that it creates in the gift you bring your kids along with you I bring my kids on most trips yes like they're young still but I want them like learning from other people I here's a powerful one um families that have uh parents traveling uhhuh like if Dad travels a lot or Mom travels for work That causes that waks Havoc because you never know until it's too late when like there's lashing

out and things happen here's a brilliant hack so what you do is you sit your kids down before you leave say hey guys daddy or Mommy Daddy's going to be going on this trip here's what I'm going to do I'm representing our family to help these people and here's exactly how I'm going to be serving them and I want you guys to be like checking in I want to Talk to you like tomorrow afternoon after like when I'm doing this can we check in and like I want you to ask me these questions to see

how it went you know or pray for me during it right like and when I get back we're going to like unpack and I'm going to tell you how many people we got to help and what we taught them and then we're going to do these really fun things together because I'm really I want to celebrate the trip that conversation Makes your K makes your children know that you're doing something as a team if you don't do that your kids think that you're going off to do something more important than they are W especially to

go make money which ties it right back in me making money is more important than you if you don't have those open conversations yes and so how does someone if they' never thought about creating Heritage or family values or values around money yeah how can someone Start to reprogram their psychology or mindset in order to develop something healthy around their values yeah so they can teach that to the people and their family yeah so um an easy way every month we unpack a workshop with tons of families at dinner table so we bring in Crazy

amounts of families and we teach them our core six strategies of legacy and one of them is the Heritage over inheritance okay and it's what we've learned from the best in the world and By the way some of these families you'll never meet you'll never know some these families are the billionaires that people have heard about and I'm not talking about Rothchilds and trumps like they have crazy in their family right I'm I'm talking about I'm talking about families that just unbelievable in the value they create together incredible in their Heritage absolute depth of relationship

see here's my definition of Legacy by the way Legacy is raising Children and Grand children to blow by you in every way wow see most people hear the word legacy and they go oh I don't want to be Rothchilds and Vanderbilts screw that and I'm like that's not what we're talking about or they go um you're too late Scott I am disqualified my kids have these problems I hate my in-laws wow I'm divorced I have business problems and I'm like well time out I've never met a family in the world that doesn't have crazy in

it Every family has crazy in it what I'm talking about is a recipe if you just follow the strategies then over time you're going to be moving in the right direction and everyone's going to have a legacy whether you like it or not the question is what kind of Legacy yes so for us we're like look it's never too late if you have something crazy in your life I believe that God uses setbacks in our lives to be setups uhuh to help create value for other people yes so if That's true then you can use

it to have an incredible Legacy just follow the recipe so you have six strategies for legacy yeah how does that work out so it starts with the value creation setup so we teach those three buckets material value emotional value and spiritual value that's the first step step two is the home economy that I just walked you through expectations expenses and extra pay gigs but however there's like 300 of those uhhuh there's gigs for adult Children so I know you have listeners that have adult children College in their 20s and they're like yeah where were the

the biggest question I get is where were you 20 years ago go and I'm like no no no time out these things can start now so we have that whole home economy for adult children too then we go into Heritage over inheritance we go through your family values what makes your DNA and here's my tip for that children Like most people think that oh yeah we need a mission statement as a family that's what everyone thinks I'm like nope kids don't think in terms of that kids thinking Story you need to be telling value based

stories of your family heritage mhm we tell our children how our family came across the organ Trail wow we have the Journal of Camila Donal from like five generations ago she was the medic 19 years old like crazy stories we tell These to our kids we talk about we go all the way back to the McDonald clan in Scotland we were pilgrims like my grandpa was in the Korean War and saved a thousand orphans on cargo planes to come back to the US wow my dad's dad invented the Rope toe for skiing like unbelievable like

my my dad's dad and my dad built a billion dooll Bank he was roll Reagan's Bank chair wow Barney BMA up in Washington where we grew up I have streets and parks named after me up North right my kids know these stories but did they give me the money no I'm so thankful for that your parents your grandparents didn't give you the money they helped with some college sure they helped with some car and there was like a little I love you gifts when we got married and yeah yeah there's see I love and I

love you gift is good that's what like a like a moment in time where you guys it's like supporting you in the launch of something but not Enabling you forever yeah I don't think helping with the home is a Bad Thing unless that's like kills their value creation or it's almost like a reward like well you've done so well over the last five to seven years like you've you've really not only lived up to the standards of like doing your best in school but also adding value in the world you've been a generous human being

you've shown up in service in community you went on trips and spent six months And did whatever that's right and so gosh you're getting married you're about to have a home here's 10 grand here's 50 Grand or whatever it is how much money the person has but $1,000 I mean anything that you show you love them but there's a difference between I love you and coasting gifts right like what's the difference between that so the moment it crosses over to like they're not gonna go through healthy struggles to grow you're letting them Coast gosh that's

it If you kill the value creation Drive then you are you are robbing your children of the future they could have but is it is it a lack of love if you rob them but you say I don't want them to struggle and go through pain I don't want them to suffer so I want to take care of them which one is more loving see healthy struggles are not the same as trauma trauma is neglect abuse tough love even those are unhealthy struggles Extreme tough love Yeah healthy struggles are emotional skills that come out of

this relationship skills business skills practical skills Financial competencies these are the outcome of healthy struggles see the difference here is a healthy struggle is a struggle that you're with them in I'm on your team I'm your coach I got your back I'm here to support and love you through this an an unhealthy struggle is where you're like causing The trauma from it mm either with them in it or you're impressing on these problems and so the goal here is to have good processes and protect your relationship yeah that's the whole point right okay so this

is Heritage over inheritance and what makes your DNA so you have a process for we help families unpack their their DNA their DNA so they get it's not a it's not a a mission statement of our family right but you build our family crest yeah it's like Acronyms and crests and stories that you're telling and we have a whole dinner style dinner viw around it see here's the thing if you don't give your kids an identity of what it means to be in your family they will find that identity somewhere else in the world see

modern in the last 10 years it's shifted there's so much popularity of social media um text group chats um YouTube channels teenagers are hunting for identity and either you give them The roots in your family and Identity or they're going to find it somewhere else and it's probably not even their friends or a coach it's going to be online that is a wild thought for today but if you ask most children well first you go what do you want to be when you grow up most of them say Famous online right YouTuber or Tik tocker

whatever it is or they say something that their parents did because that's all they know yes but the goal here is like we have to Give kids roots and wings you give them roots in your home strong identity of who they are what it means to carry on your last name and you tell that through stories principal based stories like in like in 30 years you are you your kids are not going to sit around um the the table looking at a wall at a mission statement right right they're going to tell stories right so

what would you say of the the main values of the DNA of your family in your in uh Heritage my Kids say it every day Faith Family and fish they know exactly what it means to be a Donal we love God we back each other as a family and fish which is fun and Adventure integrity service and hard work Faith Family Fish and we want him to learn to fish just like I was learning learning to fish yeah first business at eight years old like I was trained it's literally fish for you know the four

things in fish but like learning how to fish yourself and Not be given the fish yeah my three-year-old says it every day at dinner and now we have a map so now we're hunting for things that every night at dinner like they're hunting for stories of the day and they did to display faith family and every day and then we have a power clap CU our kids are young and they think that's cool still but yeah every day they're telling stories and we're like power clap for Sawyer H you know like Yeah they just they

have this identity now now when they fish during the day and share what they they fish for I guess do they get rewarded financially for contributing at the dinner table nope that one's just like Cate that's okay that's a standard that's a celebration now the gigs is different right we will reward them for the gigs if we're doing that home economy three EAS wow so on the fridge every day R rean and soyer are oldest too they know What they can do to earn and they have a list of the next three expenses that they're

in charge of so now they got the motive see they never ask us for money and stuff never not since three years old dad mom I want to get this can you get this for me yeah see because that's a problem in homes it's a big problem in homes I want to buy these shoes I want to buy this jacket I need these sunglasses whatever it is it's a lose lose the home because if your kids ask You you say yes you're slowly entitling and spoiling them that's another TR at some point you have to

cut it off so they can do it on their own yep and if they've been 10 years 20 years you doing it and all a sudden H I don't know how to do this and if you say no you're the bad guy right so what we did is we created a system where they don't even ask you they just know exactly where to go okay so what we're doing is protecting relationship in the home so Many parents are buying love bribing their kids or coercing them with money andu especially in co-parenting oh man see this

is the biggest thing get more love who's got more love and affection bribery and coercion buy the love make it better than dad's house back forth and then the kids just breed entitlement everywhere unless you can get a co-parenting strategy with this home economy that creates that probably creates a lot of trauma yep massive Trauma people think that the trauma comes from the split the trauma comes from all the other things that happen because of the split the manipulation yeah so that's step three in the strategy of Legacy what's number four breakthroughs we call them

relationship breakthroughs I don't have time with you to unpack it because this is a several hour thing but let me ask you about this idea do you you're engaged now right congratulations thank you uh soon to be Married what if you were loving your fiance in a 10 state for you that's only a one state for her loving her what I think is a 10 but for her she's receiving it as a one yeah that what you mean like my wife and I this happens all like she gets she get she gets one tenth of

the love you're trying to give her man that'd be tough my wife's love languages are acts of service words of encouragement me I'm a dog time and touch yeah so for for years we had Issues man and I'm like I just want to like hug her and kiss her and sit on the couch and pet my head like a dog she's like go do this for me yeah she's like go do the trash go take care of the kids and it wasn't until we unpacked these languages but Lily wrote down when you do these five

things for me I feel a 10 you literally should rank this with your partners yes yeah we did this early on yeah it was a game changer but then you do it with your children How many kids and parents you're trying to love them in your way yeah and parent them but they're getting it as a one and you don't realize that they're not receiving it they're not receiving the love so you're like you know I just want to hug you at the end of the day or spend time together and they're like I want

to go play ball I want you to speak words of encouragement over me you know I want a surprise fun thing together it's a gifting mental so we unpack those With both the parents and then with their children because it's it's it saves so much of the relationships so much pain saves so much of the trauma and the pain what's number five number five is something we call pay to a point pay to a point yeah these are the questions that no estate planner or lawyer will ever ask you but we ask them all because

we've worked with 7 million families we know like it starts with this Um do you believe that you own everything or do you believe that it was given to you and you're a steward of it for me I would live I'm a steward yeah at some point I'm not going to own it when I'm gone yeah someone else is going to be out in the world for someone else to grab we ask the question of do you see money this way mine or do you see money this way yeah right are do you an abundance

mindset or a scarcity mindset M right um I think that God people can Call it whatever they want but I I believe God does this he gives to you the amount that flows through you okay he's preparing us and generosity I think is the number one money skill earn save spend share invest protect borrow share wins the game a generous kid has an open hand of the world the pie will get bigger tomorrow will be better than today yes abundance mindset do you think the deals come to that person the job comes the friends that's

a giving person Yes I think that leads to everything else what do you think is the energy behind scarcity mindset versus abundance mindset and how does someone shift yeah from one to the other so I was in the Uber car on the way over here and my Uber driver overheard me coaching a family W and we were just on like a quick Zoom coaching and I got off and he's like man this is like the craziest thing I can't believe you're saying this to me I have all these problems with my Kids like one of

them is arranged like we don't talk like we have all these problems I can't believe they're not helping me they're doing things I don't like they I I like they're they're hurting they hurt me my ex she's hurt she hurt me like I I'm I am the victim in all this stuff and I was like man I am so sorry this sucks but I was like can I just give you a thought like what if you use these things that happen happened and turned them into incredible Opportunity to create value for other people no one

had ever said the words value creation to him before said what if what you've gone through can be an incredible opportunity to help others and grow and he went what never even thought about it so we just start moving if if you go into value creation how can I create material value emotional value and spiritual value for other your your ab abundant mindset that's when you tap into Abundance that's when you tap into abundance when you think of how do I create value y not how do I be the victim that's right victimhood entitlement spoiling

even anxiety and anxiousness and self-doubt right laziness those are all scarcity mindsets okay and scarcity mindsets very dangerous what does someone get when they have a scarcity mindset um they think that tomorrow will be worse there's not enough to go around I need My cut you owe me Mom and Dad I deserve this is an entitled kid turned into a grown-up nothing's worse than a lazy victim kid that becomes a grown-up because when when they fail which everyone has failures but when they fail they blame others it's Mom and Dad's fault it's the government's fault

it's my employer's fault it's the president it's this it's whatever yeah that's it that's a scarcity mindset and when someone has that energy of scarcity Within them it lives in their them physically emotionally spiritually mentally what are they saying to the world like what does that energy say it I think it says I um and can people feel that energy yeah it says you owe me and you've hurt me and I don't need to do anything to you but be frustrated wow and when but if you have an abundance mindset you're able to see even

hard things as opportunities in Disguise as blessings as blessings yeah the hardest Things in my past I'm talking hard like on the floor gut-wrenching near bankruptcy miscarriage death the health issues pain I could either say screw you to the world for this or I can say what am I to learn here and how can this be of service to others and you know what this is hard but thank God for this this this this this WOW over the the Orchestration of my life I never saw before right like if you can train your mind in

abundance that way you are telling the world hey we all go through tough stuff but we can either use that to build and build diamonds or like just burn coal right like whatever you want right but I would rather go the diamond route and I want my kids to go that route because that's Legacy to me yes I want my kids to blow by by me in their mindsets in their skill sets in their Financial competency in their generosity in their impact in the world their values that's my desire that's my deathbed desire man no

one has ever talked about work on their deathbed it's always family so a family is my number one investment that I'm going to do the coaching do the learning figure this out now while they're with me so that they can be abundant why do so many people say that their family is everything but they Don't back it with their time their Cal Wonder their Words Their Love and Affection identity I think work actually here's why because raising children is like planting a seed and hitting a bonus is immediate so when you raise kids it's a

thankless job for decades for decades and you have no idea how you did there's no instant gratification with parenting here's what I think parenting unless you give your Child something a gift and they love you and hug you in a moment or something yeah but the the long term it's like we'll see how it happens you put the recipe and like let's see what happens right but I think parenting is really hard but for all the right reasons right like you know you you have to get eight hours of sleep that's hard working out hard

eating the right stuff hard parenting is hard but in all the good ways that you always have wanted to Become in the first place what better way to learn selflessness what better way to learn sacrifice what better way way to like find true inner like deep joy and satisfaction that all comes from being an amazing parent you can get in other places too but it comes from being an amazing parent and raising humans that start out completely scarcity completely selfish completely entitled and our job is to mold them into productive adults Not future children wow

yeah but you don't get that instant gratification is what you're saying you don't it's thankless it's thankless for so long and but that's that's why I love adults of like parents of adult children that have like grown as amazing adults cuz you ever met there's two types of older people people that are bitter towards the world the old guy on the corner of the street that's cussing at you and with everything hit you with a stick mad At the government and whatever the Democrats are doing but then there's the old sweet person like the old

lady or the old guy who's just so kind so loving so generous so helpful like what turns people into that is it a life of like bitterness and victimhood and entitlement probably for that old man the anger one or a life of like refinement and growth and value creation yes turns that into a sweet old person I want the sweet old man that's my goal Sure so when parents are like when their kids are growing up that's just a sweet sweet thing yes I saw someone a friend of mine Noah Kagan did an interview with

I can't remember some billionaire some some super success successful billionaire he was an older gentleman probably in his 70s maybe 80 and he asked him like what's his definition of success at this season of his life and he said my adult children wanting to spend time with me because they actually Enjoy spending time with me not because I have money not because I'm successful not because I give them anything but because they just want to hang out with me that's right I was like that's probably what every you know elderly individual of adult want that's

right their their kids to come over their house in the weekends and hang out yeah if you if you want if you want to have an incredible Legacy you should spend half as much money on your children and Twice as much time see there's there is no there kids do not know the difference between quality time and quantity time there's no difference it's not up to you to decide that doing Legos with your 5-year-old could be a core memory for the rest of their life and you had no idea right with children it's just time

clocked but how do you Scott when you know managing all these businesses and have all this you're traveling Constantly uh you've got coaching tons of people you're you know y you're always on the go how do you find the time quality or quantity to invest in your family and your kids yeah so it starts with our structure okay so I I've put people around me in my life who agree first it starts with Inner Circle so we have a structure in our world where the five closest families around us and our children have the same

values of investing in our families together Your friend Families Our closest families we are on the same Mission and all of the values I just walked you through and that could be together as all the families or it could be like on the weekends we do this as anyone's welcome to come over family time travel like we this is our Inner Circle because this is done in community if you're on an island it's very difficult so parenting I believe should be done in community this is why we do coaching With families all the time at

dinner table so you have to unpack this with other families you have to have families that align with your values see here's the teenager hack you ready you need coaches and trusted other adults in your teenagers life that can reinforce the things you care about most you have to have that they may not always listen to you they they won't after a while like there's a chunk of time but if there's five other you know coaches or teachers Or mentors say the same things they might resonate with them and say okay maybe Dad was right

all along you probably have a 100,000 teenagers that have listened to you that go to their parents and go you guys I just learned this awesome thing from Lewis they're like I've been saying this my whole life here but you want to say that to your kids you want your kids coming to you with like revealed knowledge that you've been trying to teach them for 10 years It doesn't matter who gave them the light bu you celebrate it it's a thankless job I guess right you know you teach it but someone else gets the credit

so it starts with your inner circle like we are clear on that piece um and then it goes into structure and so with structure uh my wife and I every year we block out stuff first for our family like the whole calendar year the whole year trips dates family stuff like what we're doing with our kids big event Like that goes first then we can fill in work and other things after you have to do that um every Sunday night we're like going over the week we're just blocking out date night we're blocking out when

the kids events are work fills in that Gap right like that is the best way to focus your time and effort so schedule family stuff first then fill in the gaps with work or other things that's exactly right structure Inner Circle is there an another element to this I mean going Through our six strategies I got P pay to point was five that's right yep and then but but the last part of pay to point is like how do you do first phone how what do you pay for like how do I do cars how

do we do college are we doing College do we care about college is it indoctrination station or is it good like what about the 25 35-year-old I love you versus coasting what do we want to die with what is our number that we're okay with how much do we want to Give like these are questions that nobody asks their children or themselves and what our thing is like we need to be open about these conversations we have to have a road map because if you don't have a road map for this you're reac active see

there's all these other parenting and you've had other amazing parent people here but there's about a thousand different parenting strategies out there free range gentle like whatever helicopter La Fair there's a Million of them I look at it with one lens you're either parenting proactively or you're parenting reactively most parents are just trying to get through it get him fed keep him safe get him to get him to bed get him to school they're being reactive when all these things come come up and that's what causes a lot of these problems if you can just

be a little bit proactive these are little nudges nothing I've told you today is hard crazy these are Little nudges in the right direction and then just unpack them with someone and take your first step see that's proactive parenting that's all that matters yeah and you don't have to have it all figured out in a weekend or something this is going to take time to develop and that's right navigate and adjust over time long-term communities yeah yep so the six step for six strategy for legacy what's the sixth one Inner Circle that's Inner Circle and

din Viws dinner views yeah interview dinners we it's part of that hack what we love to do is our entire upstairs in our home is wide open for guests and friends and family and board members and investors and those people we love that thing is full two-thirds of the Year our kids have a constant cycle of like great people in our lives that come to dinner and our kids research them and find questions and ask them questions interesting tell me about this okay you Married to this what how did you guys get married how how

did you do that business tell us about your biggest mistake what's your biggest fear how old are your kids like our little kids ask good questions so it's kind of like a you know lunch and learn of a business but for your family but for your family for dinner and they learn they learn from other other people so much more they they a lot of families take for granted the kids and the parents but When you bring other people that are reinforcing things it just sticks I you could probably do this if you if you

took one minute to think what were the five most pivotal moments or conversations of my life I know my five those are with mentors and trusted people and events that happened that completely took my life in a different direction yes that had that not happened I would not be anywhere close to who I am today right right that's the power of Doing this with your kids how many how many I guess dinnerviews do you have three a month three a month is a good that's a good start but just like be intentional about this stuff

man so here's another thing about inner circles there's a study that came out and and I'm going to butcher the sources but I think it was Stanford um a few years back they did a study on Obesity and network oh tell me okay they found huge study if you have close Friends in your inner circle that are obese you're 45% more likely to gain weight in the next year oh man see and I'm I'm looking at this from a different lens right like this Rel to families and children so if that's 45% but then they

took it a rung out if you don't directly know the person but it's a friend of an inner circle friend you're 20% more likely to gain weight in the next year and if it's a third rung friend to friend to friend you're 10% more likely Wow and I go that's the best analogy of inner circle and network that I've ever seen it's probably the same thing around money how is your inner circle related to how much money you make or can make your view of money your generosity your investing mindset your your your delayed gratification

thinking your level your upleveling I've up I've uplevel I'm not like just like throwing away friends but I'm saying I've uplevel my networks 20 times in my Life already wow and because I want to be around the people that have like stepped in my shoes and they're like in one domain of their life where I want to head as the North Star and I think the the trick here that a lot of people don't realize is mentors become friends as you grow in what they teach you yeah as you learn and get to a level

they're your they're your peers yeah exactly and what a lot of people don't realize is that and so some of my best Friends in the world were mentors to start wow yeah we have a lot of older friends that I just we love them and their families and now I Mentor their children wow it's like a slingshot right I have a bunch of young guys in their 20s come over to our house every month around the campfire till midnight and we just train coach they're asking and all their parents are like dear friends of ours

that's the best way to do it wow that's Cool yeah campfire how many times you do a campfire once a month that's pretty cool bring them over we do campfires and s'mores all the time really oh yeah we're always playing the backyard and the pool and doing campfires we have like the gas fires that's amazing yeah man wow okay so the six strategies for legacy value creation setup home economy the three e Heritage over inheritance building your family DNA relationship Breakthroughs yep pay to a point strategy can I say one more thing on those relationships

yes we teach the 10 love the love languages in the 10 states but we also talk about forgiveness because now because I know the thread of this talk is trauma and money trauma and how we think about this right money trauma is a massive issue it's the only trauma that we wake up and work for for the rest of our life what do you mean so When you're Silver Spoon kid where things are paid for okay you you know that you didn't earn things growing up you're not fully prepared and then you get there and

you're like I can't do this to my kids Hard Knocks tough love make it work on your own because you usually screw up somewhere and then it's like you know hard good men strong times strong men weak time weak times like bad weak men bad times and then that goes the cycle this is what happens in Families every generation you come from like everything was provided for I never had to struggle and grow to like you're like oh no and then your kids struggle you either screw it up and your kids go back to nothing

or the other way where you start from nothing and then you grow up and you're like I can't do this to my kids I got to pay for everything and give them everything so we teeter totter every generation just Teeter totters back and forth and it causes immense Money traumas and then the problem there is you're waking up every day and working for that trauma with all the other types of trauma you're like how do I not think about this how do I heal from this how do I let this go right you're trying to

like get therapy and help at best and like move through to forgiveness and like this one you got to then wake up the next day and figure out how am I paying the bills wow so how does someone start to heal from these Money wounds or money traumas then well I think that the main thing we got to understand is we're told to forgive like the Bible tells us to forgive the Bible does I don't think the Bible teaches us how to forgive just says do it just says do it do it a lot because

like to the degree the degree you forgive others you're going to be forgiven I believe in that but I don't think it teaches us actually how to let things go so we we got a lot of really Good training when we went through some really tough stuff and it was through some of the top I won't say all the names there's like six of them but they are trauma forgiveness let go therapists and what you do is you basically go through a system where you can call forth in your mind what happened call the person

forward that it was or the situation and declare what happened okay and you're in a safe setting in your mind then you can actually move and feel That and then there's a moment in every trauma or painful thing in our life where you can find what I call the gift doesn't justify what happened yes it doesn't make it okay what you do is you say because of that difficult thing I am now this kind of a person and I'm so thankful for how I love my kids better I love my new partner better I'm better

in business from this I care about my health better that's the gift and now you can sit in that gift and Feel that and swell that overwhelmingly yes and when you sit there long enough it starts to spill over to forgiveness where you can actually say I forgive you in love that's that's the love where you say you don't justify I forgive this I can let this go I won't let this eat me away anymore mhm that's actual forgiveness yeah there's a book called the gift from adth igger who um you know was a holocaust

Survivor and talks about this gift you know from being a Holocaust Survivor you know through all the pain and suffering and sadness and horror and obviously Victor Frankle talks about the meaning man search for meaning with suffering sadness loss breakdown you know horrible abuse all these different things yeah it's like where is the meaning in it and it's hard to find it right away in the mess or the the sadness or the suffering it's usually later when we're we reflect back on the stories yeah that we remember Yeah um you know when we're adults and

we get into our 20s and 30s and we have you know breakdowns around money or anxiety yeah or traumas or we are we're not good stewards of it we we get into debt a lot yeah or we hoard it and we are scarce with it we like we're not giving any away it's all we think about all day every day obsess about it on our accounts and all these different things it's like there's anxious there's avoidant there's a lack of secure Emotions tied to money and the stories that were created from these These Memories Y

how does someone navigate into a secure attachment around money yeah where they're generous but not overly generous giving it all away um you know but they're also intentional and they save um and they're you know they're not getting taken advantage of they're not taking out too much debt like how do they have a secure attachment Style with Money yeah so we we either learn to master money or it will Master us okay so it starts with an understanding where um money doesn't ident it's money is never my identity good or bad money is never my

achievement my status how other people think of me keeping up with the Joneses or money I don't believe that money will never come to me I don't believe that I'm bad with money I don't believe that I'm not worth anything those are the negative poverty mindsets That hit people all the time those both need to be rejected and what you need to do is you put money in its proper place as simply a store of value and I'm going to focus on being of value to others and then being disciplined when I do get money

right there's two sides money comes from creating value unless you steal it money comes from creating value for others so what are my skills what are the ways I'm creating value for other people in the material value right There other types of value but in this world how what do I love to do where am I creating immense value for other people and where am I really good at things we call that The Sweet Spot okay this is very controversial but I don't believe in a calling and all my like the god friends and I

love God they're like how dare you say that there's a calling for everyone I'm like yeah but then when something goes wrong you think you missed your calling I don't believe in Any of that I think that God gives us incredible skills and talents things that we love to do cuz some people love things they suck at and they're like really good at things they hate and then that has to meet huge needs in the world that create a lot of value it's a it's a sweet spot and that's what we need to do with

our children okay we often ask kids what what do you want to do when you grow up that's a bad question you got to ask your kids what lights you up and Then you hone SK what excites you what is a big need in the world for you what do you think I think is a huge need that we can solve like get them thinking that way and when you're focusing on creating value in the world a lot of that baggage just kind of melts like you know they talk about if you're depressed or suicidal

or sad the best way to get out of is to go serve somebody go help someone yes go encourage somebody it's the best quickest hack so it's that's Creates value and so the point here with like a third a 35-year-old that's spinning and they're in their midlife crisis and they're struggling it's like go back to basics and realize that money is just a store of value and that I want to hone my skills to do what I love what I'm good at and what meets massive needs in the world how does someone when they understand

money is a store of value and they realize they don't have any of it how do they not say well that means I Don't have any value because I haven't learned how to make money or manage it properly so I am worthless money is not a store of your value money is a simply a store of its own value that's why you have to remove the identity structure you leis are invaluable as a human you are invaluable that's the first step right I'm valuable just by being a person yes but the value that I can

create for others the problems I can solve the wants and needs I can meet the empathy and service and ways to hunt for like helping yes one of the rewards is financial so money is a store of creating that that kind of value so one better question to ask yourself is instead of saying why am I so worthless is to say how might I create more value see there's a story you know who Sharon Lecter is no she's the kind of the Godmother of financial literacy Rich Dad and Poor Dad yeah yeah Cash Flow game

she has 14 International Bestsellers she's helped the last six presidents she's like 80 years old she's unbelievable wow she kind of passed baton when we did our book value creation kid she said Scott when I was a teenager and when I was a kid my dad asked me one question that changed my whole life you want to know what it was sure he said every night before bed he'd ask me this question who did you add value to today one question over and over and Over and she said over time I started to see a

lens the whole world was a lens oh I can create value for this person right now oh I can encourage this person right now oh my gosh the teacher needs me to do this my sibling I can invite my parents oh this is a business opportunity oh my neighbors need help here oh I could charge for this this is incredible opport like hunting for Value everywhere she went and it's one of the greatest unlocks that we teach Parents that's beautiful I love that most people just you know have their kids say a prayer at night

or just bed but it's like also asked this question how did you add value today it's incredible question that's powerful and it's an unlimited question it's not a yes or no or right right right cuz you want kids to be in a like the spirit of play right make game make it a game make it fun like until further notice with your children celebrate everything you Should make things fun the spirit of play trumps the spirit of coercion and power every single time if you have a defiant kid if you have a kid that's just

tough it's like this kid battles me I gotta sit there for 30 minutes after dinner to make him take that last bite everyone has those kids I have one wow the way to win that is to win their heart mm you have to have fun yes enjoy that child if you can enjoy the child and play you win their heart and then You win loyalty yes and then all those tough traits that you were frustrated at before now get to be used for power see that kid grows up they're not going to be swayed they're

not going to be you know bullied they won't let other people bully in fact if that's a teenage girl when you when you win that loyalty and you win that heart they're not going to be taken advantage of they're not going to let the bullies and the clicks tell them who they are you see the power of That kind of a kid yes so the the key is to switch it what is the I guess what is the big risk at stake when someone attaches their identity with their selfworth to their net worth you you

might have just asked the hardest one this is why it's so critical to remove what money is okay it's a tool like when you swing a hammer do you think you're the hammer no you're not Right money is a tool store of value and it's a tool that makes you more of who you already are if you're a jerk and you make a million dollars you're just going to be a million times the jerk if you're humble if you're generous if you're kind if you're diligent if you have delayed gratification if you're caring you're going

to be that a millionfold with more right it it it makes you more of who you already are yes so we have to actually remove money from selfworth how do you Do that when when the world TI around money way you know this is about certain types of value okay I know teachers who make 40 Grand a year that are absolute Saints they're not making money as value they that's us one type of value they're making immense emotional and spiritual values all the time their bank account and that is overflowing yes okay I know friends

that have crazy businesses that I don't like what they do for their business that are making aund million do Yes they make zero emotional and spiritual value in the world they're actually negative in those right they're drawing they're they're sucking that value out of the world so just because somebody has a bunch of money don't don't misplace a blessed life with money I am the I am the richest guy I know because of my relationship with my wife my faith in God my four beautiful children the incredible friends we have around us our businesses that

get to Serve millions of people and kids and families I am the richest guy I know but we we like to give way more than we like to invest even think that's true wealth so don't tie it to the dollar amount in the bank account you have to think of a broader view of value When people's uh you know network of friends or family tie their value to material things cars possessions keeping up with the Joneses yeah their credentials of How much they paid for something to get a college degree and look at me and

all these external things that create validation or identity for them when that's a part of their upbringing their parents their siblings their friends their whole Inner Circle how do they break free of that without breaking free of those relationships fully and just divorcing right their friends and family in their life yeah when everyone else puts so much value and identity on Net worth and material things versus the selfworth of in intrinsic qualities generosity humility love thoughtfulness Integrity connection listening yeah all these things how do they break free without breaking up breaking up yes break free

without breaking up yes yeah there's see there's family that you you have uhhuh you're born with them there's family you choose yes um you know you and I have our value sets we we would agree that it's good to Be financially secure and create value and continually grow that not stealing it yes create a lot of value for a lot of people and the the money takes care of itself yes we also agree in character traits mindsets like self-worth and self-confidence the other value buckets you need to figure out what your top 10 list of

your values are how you view Money how you view relationships how you view God how you view like what matters most in your life mhm have you Ever written those have people ever written those down most don't most like Sway and they just get whatever social media tells them yeah react so get that clear and then you say now I'm going to hunt for my family doesn't mean you break up with a sibling or a parent or someone it just means you might not give them the weight because they haven't earned that just because you're

related to somebody doesn't mean that they have the say on Your identity they can still be related to you but you could put them in in another level of weight and the value that you take from them right and what they say yeah that's okay as you know when we do this inner circle thing with kids and here's a good way to see it when you have children I was talking this my buddy Brandon Turner if you have children that have somebody in their life that's a negative person like you Think that they might get

them bad material in their life or say terrible things or they'll see negative content or they'll hurt them like I will uproot my family to get away from that kid I will do anything so that that kid has no say in my kids identity yeah oh yeah I'm going straight to Mom and Dad I'm like you're never go like I will do what it takes like Papa bear style holy C you have to protect that but we don't do that with ourselves we let our cousins Say weird crap we let our in-laws say things we

let our siblings say things we hear stuff from an uncle or a parent that's just vital why do you take that you you can still love somebody and not be completely shifted by every word that comes out of their mouth is the case what's the trauma that you're trying to get like daddy issues and buying like getting their love back you know how many entrepreneurs do we know have just bad dad issues cuz their dad never told Them they loved him for sure yeah and they were driven to succeed and prove him wrong or whatever

yeah you love me now yeah right that's crazy on a grand scale that's crazy man did you ever struggle with money issues growing up up or as an adult did you ever have traumas yourself or were your parents and grandparents just perfect at giving you this whole formula of values and family crest and DNA and yeah not giving you too much but empowering you and gifting You at the right times like did you just have it so easy no no never easy um but good uh and I think that's how it should be never easy

but good I would say out of all the things that we've been studying now with the best families in the world I just want to honor my family like they did great they probably did like two3 of them pretty good they have a we have a long ways to go and there's crazy there's always crazy in every family I've ever met someone has crazy But the recipe book is pretty good like I I but I will say like money was not given like they didn't just give us everything um they had plenty right they had

a lot your parents your grandparents had a lot yeah my dad my grandpa sold a a bank for like a billion dollars they put almost all of it in a charitable trust really to help other families around the world and not give it to me thank God I am so thankful for were you ever resentful of that were you're like How come you didn't pass me this billion dollars never they help with some college help with like some car when we got married they're like you guys are awesome here's a couple Grand like thankful but

I don't I didn't expect that I wasn't entitled why didn't you expect the money from your grandparents or your parents to be passed out cuz they said said we don't own this we're stewards of this wow and if we give it to you you're are going to be ruined if You're waste it you're going to waste it you're going to waste the gift that we're stewarding we want you to learn how to fish and Hunt because guess what Scott you're going to blow by us and I have I have because of the way they've been

speaking into me for three decades wow I've blown by them thank God so yeah I'm so thankful for that they I had delayed gratification when I was 10 it only came from that and so yeah man I I'm not like one of those like horror Stories turned like Redemption sure I've had my struggles God is constantly using my life and my business career and new Investments to like grow my trust and grow my abundance mindset you know I God asked I feel like God was telling me there today can you outgive me really what does

that mean if you ask God the question Lord like how much should I give what you're really asking is how much can I keep right right right how much Can I keep for me and also yeah but I believe that God gives to us at the level that that it flows through us not just financially in all ways and so it's really important for people to think about like is it yours or does or is you stewarding it so how do you make a decision on on how much you're going to give and maybe this

is evolved over time but at this season of your life yeah when you think God you know how much should I give right Yeah what are you thinking about in terms of your financial donations or generosity yeah on a yearly basis right now is it thinking I'm going to give 99% of my money away to Charities and you know things and churches and Charities that that need it more than me because I have so much and I know more is coming in is it 10% is it a percentage is it a feeling is it an

energy exchange how do you make those decisions of how much to give yeah the first question I want to Ask is all this I'm a steward of it's not mine it's not mine you don't think that the money that you've made or earned is yours uh nope no when money comes into when you get money into I don't think my whole life is mine I believe I my whole life is like I'm a steward of my whole life to God that's just my money my energy my my the love I give my relationships my network

my health my body like it's all a gift so when you have that mindset it's so Easy to have an abundant mindset yes when money comes in and you get a dollar or millions that comeing in with a check handed to you in the a bank account what is your reaction to seeing money come in and what is your reaction when money flows out of your account or your hand well when we got our first Big Exit my wife's knees buckled yeah yeah like it was crazy and she started crying and I was like whoa

where's this coming from she's like I was a teacher when we Met making 38 Grand a year and we just made enough money for our great great grandkids to be just fine wow and I said that's the wrong way to look at it though right that's right man she she knew we weren going to keep that I said it's incredible but now we get to Steward It O So now like we've been helping all over the world with it like we put it charitable trust so you get the tax deduction so you can give more

so so what does that work you put the Whole thing into a charitable TR the whole thing no no we have we have Investments I mean I'm still reinvesting in my companies yeah yeah of course you know I knew that God didn't want me to sit go create more value that's right and so you got to invest it in other ways to have value that's why retiring is like telling God to take the parts back like why would you do that you want to keep creating value what you should do is retire from the things

you hate Doing that don't add value to the world that make you miserable you shouldn't have been doing that in the first place right so when I say create value this is lifelong journey and so I knew that when we made that exit that was just first base that was step one wow and so God and he's called most of it back really yeah giving investing starting our new company I mean we're eight figures into investing in this new company to help families and children dinner table.com Right right we want to help 50 million families

learn Legacy and learn Financial competency and be free of this like that's our mission and it is way bigger than our first exit like this is crazy I have friends are like you're crazy I'm like no I'm just living out what I was called to do you're committed yeah yeah you're not crazy you're committed to a bigger Vision so you have so there's percentages like we'll do 10% we'll do There's there's like tithes and then there's offerings above that but sometimes we're just like you know what this person has need this organization has need one

of my close friends is Tim tibo yeah they had a need yeah of course and he's I'm on speed di with this man like what do you need cuz he and I are fighting this trafficking World hard so I'm like tell me what you need and so and there's other organizations like that friends that are like helping in Nonprofits and like YMCAs and Young Life what like our job if we're creating immense value that has Financial reward our job is to like take care of those others that are huge in the emotional and spiritual buckets

yes wow how do you think about wants and needs with family members asking for money when you're like well Scott you got all this money you've got this abundance of money it's flowing into you I could really use 10 grand right now Because I'm just struggling and going through a hard time or you know you know I'm sick or I've got this thing I want to do I need to invest in this you know program or coaching or schooling can I just can you just borrow me 20 grand two grand 500 bucks like I just

need some help right now yeah how do you know when to give money to a family member or a friend I will they Steward it so versus they've created bad habits in their life keep Them needing a bailout that's the difference you how are they G what are they going to do with it it's a heart matter they're just grabbing and you know that they're going to do something wrong or it's not going to help them create more value that's a hard not um even loaning money is like the borrower slave to the lender like

why would I do that with a family member or friend if I'm if I'm going to help him here like just take I don't even want to know like We this never happened here like I'm just not there's no strings ever but um I usually will try to help friends create value my friends call it the Donal effect because I my I'm a strategy mind engineer mind created billions and billions and billions of dollars in value with all my friends businesses so they come to me and they're like hey I'm having this issue how do

I 10x it how do I fix the financial issue the produ product Market fit the scale Problem the cash burn and so I would much rather help them create value in the world yes than just fix the whole thing so they don't learn anything with the check right that's the main thing gotcha and if they're creating value you might help them along the way if they're showing that they're Mak adding value in certain ways they're taking the steps for themselves yeah what are your thoughts on debt because we were mentioning this kind of before about

There's you know one camp that says have zero debt who shall remain nameless the fight I was in yeah there's one Camp of mindset which is don't have any debt you know they're gonna know who we're talking about dude pay everything with cash uh you know get out of debt you know pay off all the loans you have and start building um wealth and there's other camps that are just like you know borrow as much as you can kosaki talks about this borrow borrow borrow I don't Have cash cash is stupid yeah yeah cash is

trash cash is stupid there's two different trends of thought and then there's a middle that's kind of like a balance borrow some where where do you think about debt and taking money from Banks or other people to go invest in things that may or may not work out that there is risk to that so I would say versus versus I only pay everything in cash and I don't you know work the financial system in any way so here's What I'm going to say about debt first because I work with children yes and families debt is

a level three conversation what's level one basic Financial competency if you're not spending less than you make debt shouldn't be a part of your life no get out of debt pay off high interest first get out of debt spend less than you make and invest the difference that's the key to all wealth this is level one when you spend spend on needs first and then Wants right save first pay yourself first we tell this to children all the time in our bank account for dinner table and gravy stack you make 20 bucks you you don't

get to spend all 20 you're saving first 20% automatically you're giving 10% automatically and then the rest goes into your debit card jar where you're spending on needs first and then want and get very clear about what's a need and then what's a difference yeah see these are level one need these like Nike shoes do you yeah then level that's level one uh level two is increasing increasing your value creation charging for results not time and effort the greatest unlock that I ever teach young kids and teenagers cuz their parents finally learn it is to

charge for results not time and effort I was just coaching a 12-year-old kid in Colorado the other day could take me 10 hours or 10 minutes if I can get the result done in 10 minutes I we get paid for that Yeah yeah yeah yeah we shouldn't be charging for just showing up and putting in some work if you want to have a life of wealth and value creation charge for results this 12-year-old kid was mowing a lawn and he he was like I made $71 today you know and I'm like that's awesome buddy did

you work hard he's like I work really hard I was like want to make a th tomorrow he's like uh yes I was like here's what you're going to do tonight you're going to go to the next Neighborhood and put a piece of paper on all the doors say hi my name is Brody I'm going to every door tomorrow and I'd love to mow your lawn and pull some weeds around it for $40 I'll see you tomorrow he goes around hits 25 houses in eight hours orever was Nails it all and he is hustling but

he's sitting there just like I'm charging for value and the result not time and effort so he made $1,000 instead of 71 in a day And his whole mindset shifted right there and most parents who hear that they're like there's no way that's possible I'm like really start thinking about value and start thinking about results I just went to a business and they were going to pay me like 30 grand to coach them and I was like no I'll take 10% of the upscale of what I do for you and charge you nothing right now

right I won't tell you how much we made that's great they 10x their company Wow it's great the company right it's big so this is what happens when you think about results not time and effort M wow so debt as an adult though if you're thinking now level three yeah yeah yeah I'm just you got me thinking on so many things that I want to be telling kids because I have a huge family call um but yeah level prepping for that so level three with debt um I am there's a huge difference between appreciating and

Depreciating debt okay I don't I don't like either these camps they're like it's all or it's nothing right I don't agree with that there's appreciating debt and there's depreciating debt what's the difference uh depreciating debt is high interest credit card shark loans paydays I'm me this is controversial College debt yeah see if you have kids that you think college is good you might think it's not like that's another Conversation but if you're going to do the college route you should pay for the last half of college dollar for dollar for whatever your kids save and

make for it so now they're hunting for scholarships they're having multiple jobs and grants they're they're creating value they're owning it and you pay for the last half because 82% of college kids never get the degree and they get all the debt oh man okay or I'm sorry 56% graduate don't graduate but get the Debt 82% never have a job related to their degree yeah that was that for sure which is even worse so those are depreciating in a way appreciating debt is like uh oh even car loans is a depreciating asset the car is

not going up in value it's going down you keep paying the same payment yep now home or business if you're securing it you can cover the payments of it long term those are appreciating over time that's a good thing right as long as you're Financially competent and you're having really good value creation right like you shouldn't have a mindset for your career as like I'm just going to make x amount until I retire at age whatever you should be constantly thinking of I'm going to uplevel my value creation skills in the world okay hone them

and drive them and go up and up and up that's the thinking wow okay that's fascinating what is the thing that you wish more people knew about around money That most people don't talk about there's so much um it'll never make you happy okay I think the reason why money trauma tricks so many people is they think it will fix so many things and it doesn't I do you know how many billionaires that I'm trying to coach that are miserable why are they why are the billionaires miserable they're not miserable because of the money they're

miserable because of what the money did What did it do ruin their marriage kids won't talk to him what they sacrificed to get there lost Priceless things so there's a point where you're like yeah you got to be fed you got to be clothed probably have good shelter do some fun stuff but that's a smaller number than most people think what you really should focus on is being rich in relationship in mindset in values yes in family belief those things are what create a Wealthy rich life wow I I I know so many wealthy people

that are miserable what do they say to you you know some who's 40 50 60 years old who's got 100 million in the bank or billion dollars of net worth or whatever it might be but they're on their second or third marriage their kids don't talk to them or they just have some weird relationship dynamics that are controlling your power struggles it's not just that their cousins won't talk To them their siblings are jealous and mad their old friends are no longer talking they're their the air is rare and lonely that's what it is so

some of these guys and gals and I was talking to a woman who did it she's like I have no one and it was not because I did anything wrong I made every dollar fair I showed up for people but I am in rare air I'm at the top of the mountain it's lonely and I have nobody to unpack this Stuff with and the people that I Loved Before I just want stuff they don't understand me they don't understand me I can't to connect with me about this loneliness so how do you not be lonely

and also create Financial wealth and abundance at the same time be generous a family that um if you want to if you want to live together pay to a point pay to a point be generous but pay to a point yeah baby J don't be no B pay to a point for your Kids and then give yeah yeah right like you want to be generous like if I I know billionaire families The Hobby Lobby family is a great example they give away billions wow as a family and they give it together gen two gen 3

and now gen four gives together how do you give when it's not your money that you didn't make yeah they help they have a they have a stewardship mindset so uh David Green who's a good friend he basically has the kids and grandkids they get Votes on like hey what are we going to do with this together and they give together you want to live a long time as a legacy family give together wow because now you're not having that jealousy and ambiti like selfishness and pride and entitlement and lottery ticket syndrome you're giving it

you're stewarding it not saying this is all mine and yeah and those kids are killers by the way I know Derek the grandson he's my age guys he's running He's built up from UPS ground grounds like technician all the way up managing hundreds of millions of dollars this guy's a killer wow so they teach value creation he's one they're one of the families that we have in our 100 we study it if someone is created a lot of value in the world and they've built a business and they've you know buil something they've exited they've

got a lot of money and they're running a big organization that their family just has No clue or has a completely different lifestyle just doesn't understand that lifestyle nothing wrong right or wrong just doesn't understand them and they have isolated themselves financially from their Circle their friends their family so far that they don't know how to connect with them financially or emotionally anymore yeah what can they do to start to reconnect with friends family and their Circle that has no clue about their financial literacy or Abundance on on what they've done to get there yeah

I I have a lot of families in this boat um they're separated they're isolated they're struggling because every they're lonely they're divorced all these things everybody has crazy um everyone dude I had a great uncle that blew himself up through a roof of a barn because he was depressed we call him crazy uncle Dy he did it a hundred years ago every family has crazy so I I think You have to get to a point where your family um you're just you're okay you're okay loving them no matter what CU there's hurt there there's trauma

there there's sadness je there's jealousy and pain you have to almost get to a point where you're just you're going to love them no matter what and and you're you have good boundaries but you have like good relationship and you're making the effort okay I I tell this to families All the time rules and relationship together is rocket fuel for children but if you have rules without relationship it's Rebellion okay and this is so true if you're an older person with siblings and cousins and parents and you're crushing it you know and there's this isolation

you've got to have good boundaries with them and like have the good the heart and the good conversations with them but also just focus on the relationships Knowing it's never going to be perfect yeah cuz you have boundaries around things and just like working on your love cuz parents ask me this all the time they're like how I I feel like they're not listening I feel like I'm isolated I feel like my kids don't care and I say this when you go fishing with like if you're trying to build a relationship with your with your

kid you get points for fishing not catching fish every time you drop the lur and Cast the rod you win you get points you have to see it that way even if they're not biting and that's true in every relationship you C you casting texting a friend that you know's been struggling or just checking in with someone the first person to ask for forgiveness in a in a marriage wins first person to say sorry will you forgive me wins wow okay even no one wins in marriage but you get the point these are acts of

worship they're Acts of sacrifice they are they're fishing they're like casting the line out that's what leaders do and so if you're if you're feeling this way in any situation in your family that's painful just just remember that like you get points for like casting the wine yes that's beautiful this is an H one I've got a few more questions for you this one's about um choosing your partner marriage what are three money questions you should ask the person you're dating And potentially going to get married to before you get married to to do your

best to set yourself up for Harmony and financial peace in the marriage a lot I have more than about 10 uh one one of the best first ones you can talk to someone with is unpack where they came from that's that's so the question is how did you grow up around money and what does money mean to your family what did it mean to you growing up you're going to hear a lot you're going to know If it was silver spoon or if it was hard knock right you're going to hear if it was entitlement

or if it was value creation or if it was scarcity right those things manifest themselves all throughout marriages and relationships and often we find opposites and if someone is an abundance gener finds the sa yeah what happens when you're an abundance generous person value creation individual and you somehow attracted a person who is Scarcity hoarder insecure hoarder you they went from Frugal to cheap yeah exactly what happens in a marriage when you have those opposites of financial abundance versus scarcity in marriage it can be one of the biggest fights it is one the number one

causes of divorce wow when you have an in alignment on money and so you have to have you got to have those questions real conversation like real like hey what we have together how we buy things How we make these decisions on investment house car College like are we we both see the accounts together it's not you get your own account I get I actually say no you bring these things together and you have real conversation because it's a partnership right I know you're going to ask me about prenups but what I'm saying is when

okay here's my answer on prenups yeah you should always marry somebody who was who's worth more than half your Crap what do you mean by that always marry somebody who is worth way more than half your crap if it goes wrong so okay who has what that means I'm just kidding there's always margin on this yeah but I'm saying like so many and I know we jumped to prup like yeah it's all good good what is you got to be careful though because there's a way to do a prenup that's bad and a way to

do a prenup that's good what's the difference Okay a bad prup is where you're literally like here's mine here's yours and this is my insurance if I don't like you anymore right that's bad but if there's a way to like protect like the children in a situation if there's a way to say hey this is set aside for our future family regardless this is set aside for um investment and generosity and giving like here's the not me protecting myself from you here's me protecting our future Legacy there's a Difference okay and this is a longer

conversation sure but you got to have those questions about how someone was raised around money their Viewpoint of money where they want to go in their family like do they want to be at home raising the kids do they want to be working growing and being the like working really hard to provide and what are we going to do if we're both working really hard right you got to have those conversations cuz then it's like well Then do you want someone else raising children are you both okay with that these are hard conversations man you

got to make sure you're in alignment that's right and and and the Beautiful Thing I think about starting from like uh a point together is that everything you build together is now together you get to celebrate in that but when you got married I'm assuming you were making more with your business 12 years ago I was still on the lower end thankfully so You weren't like balling and she was like making 35 Grand a year as a teacher and yeah I was doing I was just a few years out of college maybe three years out

of college four years and I was doing fine yeah it was six figure not seven or eight or nine right okay I get still a big gap yeah yeah it's a gap but again I was like you know what we're going to start from scratch and really yeah we're going to build together everything we have when 50% of divorce Uh of marriages end in divorce do you think people should talk about a prump or have the conversation around what that could look like to Bill B A friend of mine Bill he said uh why do

you get married it's like it's like jumping out of a plane with a parachute that 50% of the time won't open you know well the hope that it works you hope it opens yeah it's like he's like you're crazy for getting married this is before I got married um no I mean I honestly don't Know what I think on a prenup like I've had so many different valuable points on both sides but I'm assuming a lot of the the the families that you've coached or worked with half of them have gone through a divorce when

there's been a lot of money in the bank yeah and there's been a lot of pain going through right now there's pain and Trauma for months and years of figuring out who gets what yeah of the material wealth yeah and that causes wounds and anger And resentment all these things and spoiling an entitlement and victimhood of the children and could you eliminate by getting alignment early on of Hey listen for whatever reason this doesn't work out in the future yeah how do we create a win-win yeah is you know is there a conversation that should

be had around that or you think just suffer in 20 years when you get a divorce and just if it doesn't work out you know just put your kids through trauma put Yourself through trauma without having clear agreements yeah if we're not able to work this out in a loving way together then we've got to this is the way it should be let's agree on this I don't know I mean I've heard so many different things man I know you want me to drop on one side of the other but I'll tell you my wife

and I have had very difficult times marriage Times Really Health Mis yeah hard really you have a miscarriage and you can't like Grieve it one in five women have had it that are trying to have children think that's just one example yeah you know crazy death issues of close people to us business just multi-year burning hundreds of thousands of dollarss a month and driving and hurting and deep pain and 100 hours a week work that's tough on a marriage we've had tough but when we got married it was like we're burning the ships wow that's

Cool I asked my grandpa we should have end on this because I know I got I got to jump too my grandpa 91 years old the legend Grandpa the billionaire Bank gave it all away he's going to die with almost none wow unbelievable man I was with him he's two weeks ago I flew up from Phoenix to to Oak Harbor Washington to be with him for the day because I knew if I didn't I'd regret it because he's coming to the end he was married to my grandma for 67 years wow she just Passed a

couple years ago and he's like waiting to go be with her right he's like I'm to go see Grandma and I remember I asked him what's his best advice but first I said hey did you ever think about divorcing grandma in 67 years it ever crossed your mind he goes divorce no murder yeah oh my God but divorce never like he's like hilarious and there was this but it it shows the resiliency of it you know he's like we've been to Hell and back through war And we raised incredible kids and grandkids and great grandkids

if I'd have blown up that Dynamite years ago I'd never seen your face wow I said okay what's your best advice best advice from a 91y old man who's seen the whole world he said take things positively that was it w take things positively the best relationship and especially when it comes with money you you you win or you learn you don't win or lose every expense in your life is an Investment this is taking things positively employees they're not expenses they're Investments you lose money on something you you screw up you make a mistake

guess what it's a powerful PhD you just got right and there sometimes my price tags have been Millions but you have to take things positively you have to take things positively with your children take things positive with your partner Everything has to be taken in that optimistic abundant gratitude light yes if not you'll spiral out of control start blaming each other start thinking about that eject button start thinking about like this is all my money right how dare these kids do XYZ wish my house would only love me in this way it would fix everything

how dare you like you got to take things positively and so for Amy and I just back to your question on prenups we Don't have one we were we did we had very little when we started though um she's worth half my crap I'll just give you that she's worth more than all they have wow I mean like it's I don't know there's a beauty in that um I just love the fact that we burned all our ships wow beautiful and we're and I'll die with her wow one of us is going first but like

we're going no matter what happens that's Beautiful man um I got two final questions for you but before I ask them Scott I want to acknowledge you for the value you add here and the value you add to so many millions of people parents kids and the many millions that you will be adding value to for many years to come because I think this is one of the most complicated and challenging topics for people besides love yeah money is challenging and complicated and scary I think it's scary for a lot of people Like the fear

around how do I make money how do I invest money how do I make sure I don't lose all my money yeah how do I uh you know what do I spend it on how what are they going to think of me if I do the wrong thing with money all these things man it's just like there's so much fear around money and insecurity lack of knowledge and lack of information yeah and lack of experience that people have with money in general and um you know I think love is the Greatest thing to explore and

and but money is a thing that we live with every single day as well yeah and it causes a lot of trauma and sadness in people's lives and and it hurts relationships a lot more than it does help relationships yep and it sounds like you're adding value for people to learn how to use money to help relationships and make it fun make relationships fun fames fun totally being a parent fun being a kid fun as opposed to being in Fear around money so I want want to acknowledge you for your desire to put yourself out

there more and not be behind the scenes but be in front of the scenes and share and use your voice and the Decades of wisdom that you've learned from your grandfather and great grandparents who have brought you this information this Legacy so that others can have Harmony around money as well so I acknowledge you for that Scott um where can people go to learn all these Things cuz like I want to I don't have kids yet but I want to learn more of this so I'm prepared when I have kids so how can we figure

out the six strategies how can we figure out how to create a family crest and value system and all these different things yeah we get a lot of pregnant people by the way they're like oh no I'm gonna be a dad I'm gonna be a mom so we have a um a bunch of things um social media just I'm Scott donnald pretty easy but we give out Daily content but dinner table is really our brand so we have our 18 strategies in there we have the home economy it's a free course we get so if

they go to um community.in table.com and then we'll just do/ Lewis on there um but yeah community. diner.com it's our free parenting community so this is what I'm realizing a free community yep y 7 million families that we've served and across all of our Companies the best way that you start doing this and keeping accountable is in groups coaching with other families other parents that have kids five 10 years older they're telling you what they did crazier celebrating wins asking questions here's what worked here's what didn't and then coacher like facilitators that we train up

we call them lenses so now anyone can license our brand and have like a sixf figureure business in a box we give them all the Tech on go high level all the white label everything they give it to their employees they give it to their clients they give it to their schools they give it to their coaching you know Community their Mastermind so we're just opening it up as a platform for anybody to take and run with wow so if people just go to to like dinner.com and like send in like a message to learn

more about it is there a place they can get like templates and tools as well yeah we have In that free community the dinner table Community we have a the home economy we'll start with the home economy it's a free course that we give out to everybody so it's like here's how you do expectations here's how you do expenses here's how you do extra Pay Here's the setup we have our app that's free that like the bank got it so these courses with the you know the strategies and the home economy that's all dinner.com yep

and they're free community.in table.com Go there for the community go there for the resource we have a child Readiness score we have our book for a dollar quiz funnel quiz we have all these things yeah yeah yeah okay just a ton of stuff a lot of free courses too though teaches tons of free stuff and then if people want to be join our live coaching they just it's like a few hundred bucks sure and then they take a monthly coaching they monthly coaching with a bunch of other families there's like there's like Dad groups and

there's grandparent groups and there's a special needs group fores there's um teenager groups there's single parent groups like there's all these different groups that people are forming as lies and I'm training and our team trains them on how to facilitate all this coaching wow that's cool man and they just run with it fun Scott Donald on social media dinner.com community. diner.com Lewis all these different places we'll link it up as Well but where else can we send people to is this the Main Place yeah this will be the main spot okay uh two final questions

this is a question ask everyone at the end it's called a the three truths it's a hypothetical question imagine you get to live as long as you want to live you know you can live beyond your your grandfather right now you need to be hund something right and you actualize all of your biggest dreams times a Million and you have the health the relationship the family the children the great- grandchildren and the impact that you want to create and you Steward your money and all all these different things they happen the vision that you have

for yourself from this moment until that last day but for whatever reason in this hypothetical scenario you have to take all of your work with you so this content that you're creating and will be Creating we don't have access to it anymore hypothetically yep all the courses all the books all this content the social all of it gone hypothetical but on the last day you get to leave behind three truths and this is all the world would have of your content and your information everything that you can gain wisdom on that you would leave behind

that's it what would those three truths be for You what you don't heal from you will pass down tip well that you can unpack that for a lifetime and this is the one thing my mom said when she dropped me off for college she just gave me a big hug she said if it doesn't point to Jesus there's no point wow she meant was live a life that loves other people above yourself wow right those are beautiful truths I don't think I've heard those Through before before I ask the final question why tip well that's

what my dad said when he dropped me off for college in his hand was a $50 bill when he shook it he said tip well and the point here is you can't outgive God and you want abundance you want a p a bigger pie mindset you want to live this way or this way tip well care for other people care for the waitress care for the Uber driver I just Tipped my Uber driver $98 before I got in here wow like you tip well and it's it's a mindset you pay your people well you make

sure Partners do well I yeah I pay myself first when I'm like building business but I'm making sure that everyone's taken care of that's life man tip well that's beautiful final question Scott what's your definition of greatness meeting the dream version of yourself at 70 and liking the Guy there you go Scott Don thanks appreciate you we actually have a system of doing that to our kids over and over and then we wonder why so many teens and adults feel so awful about themselves well what when you reflect back to a kid that they're a

bad kid during the stage they're forming their identity that will stick with them