In this episode of "Real Business Owners," Trevor Cowley sits down with Mike Merrill, a seasoned entrepreneur and family man, to delve into the principles of building a legacy that transcends generations. Mike shares his journey of balancing personal ambitions with family responsibilities, highlighting the importance of teaching his children resilience, financial literacy, and the value of hard work. He emphasizes the necessity of allowing his kids to experience their own struggles and triumphs, rather than handing them shortcuts, thereby fostering a stronger, more self-sufficient next generation. Through candid conversations about the quality of life, the essence of true wealth, and the responsibilities of legacy-building, this episode provides invaluable insights into creating a lasting impact both in business and within the family.