Gino opens up about being an overbearing dad and the struggle to let his son make mistakes—a necessary part of the learning process. Michael shares a powerful story of how his dad forced him to invest his savings instead of buying a third guitar amplifier, a moment of delayed gratification that was an inflection point for his financial future. We also tackle tough topics like when to fire a bad bookkeeper (even when you're comfortable) and why every mother is the pinnacle of entrepreneurship.

🔑 Key Takeaways-

✅ Permission to Fail: Parents must give their kids space to "mess up" on small things. Protecting them from every minor mistake (like a bad LLC filing) prevents them from learning the necessary skills and discernment to succeed in business.

✅ Delayed Gratification is Core Entrepreneurship: Teaching children to prioritize investment opportunities (like real estate deals) over immediate wants (like an expensive amplifier) instills the crucial habit of delayed gratification that drives long-term wealth creation.

✅ Entrepreneurs are Value Creators (Moms Included): The core definition of an entrepreneur is someone who takes on risk, creates value for others, and finds ways to fund their mission—a definition that perfectly describes a mission-driven mother running a household or an artist selling their work.

What is the one mistake you will commit to letting your child (or a mentee) make this week so they can learn a critical business lesson?

Personal finance, Relationships, Faith, Health & Wellness - it’s all overwhelming and there’s no clear map to guide you. 🗺️ But what if there was? 

Visit our website to start your transformation. Your journey to a fuller, more vibrant life is just a click away: https://barbaro360.com/ 

Join our free Facebook group and connect with a fast-growing community of like-minded individuals: https://www.facebook.com/groups/barbaro360 
 

Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.