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I have interviewed hundreds of young entrepreneurs and their parents to learn how they were raised. Most parents who raised highly successful adults did a great job. What surprised me is that many parents admitted that there were a few things they would have done differently, if they could go back in time. They tell me, "I shouldn't have fixed things for them; I shouldn't have made their path so easy. Giving our children more chores not only helps them become responsible, it teaches them useful skills for when they're on their own.
Persons: they're
For my book "Raising an Entrepreneur," I interviewed 70 parents who raised highly successful adults about how they helped their kids achieve their dreams. Here are the four things that the parents of the most successful people always did when their kids were young:1. Although many of the parents didn't understand their kid's passion, they supported them, because they saw the joy their child got from it. The most successful adults grew up knowing that their parents would always be there for them, no matter what they tackled. As their children grew more capable, the parents also resisted the temptation to do or fix things for them.
Persons: weren't, Billie Jean King, it's
Apple co-founder Steve Wozniak, 73, says his parents took the latter approach — and he's happier and more successful because of it. He used the same strategy when raising his own children, he added. "My parents let me follow my heart," he told graduating students at the University of Colorado Boulder last week. "When you really want something, love something and it's your passion, you should have your parents supporting you going in your direction. Now, Wozniak provides his kids the same kind of support his parents gave him, he said.
Persons: Steve Wozniak, Wozniak, Berkeley —, Steve Jobs, Jobs, Margot Machol Bisnow, Bisnow Organizations: University of Colorado Boulder, De, De Anza College, University of California, Berkeley, Apple, CNBC Locations: California, De Anza, Berkeley
That's according to parenting expert Margot Machol Bisnow, who interviewed the parents of 70 highly accomplished adults for her 2022 book, "Raising an Entrepreneur: How to Help Your Children Achieve Their Dreams." "Every single one of these 'extreme' things the parents are doing is they're listening to their child. In contrast, the parents Bisnow interviewed displayed enough open-mindedness and trust to help their children develop independence, confidence and skills that proved useful for their future careers, she says. "What's sort of sad to me is, this shouldn't be extreme parenting," says Bisnow. Here are three examples of "extreme" parenting decisions that actually worked, according to Bisnow and the parents she interviewed.
Persons: Margot Machol Bisnow, Bisnow, John M, Chu's, Simon Isaacs, Isaacs Organizations: CNBC, Middlebury College, U.S . Olympic Locations: San Francisco, Colorado
Pension funds, REITs, and insurers hold more than $1.2 trillion in commercial-real-estate debt. CalSTRS, a California pension fund, told the FT it will be writing down its real-estate portfolio. Among them are the large pension funds, REITs, and insurance companies, together accounting for more than $1.2 trillion — or 22% — of the $5.62 trillion in total commercial-real-estate debt outstanding, according to BofA Global Research. Some pension funds were already planning to reduce their exposures to commercial real estate even before the recent bank failures magnified the risks. In September, fund managers at Artemis Real Estate Partners and PGIM Real Estate said at a Bisnow conference that their investors indicated they'd be reducing allocations to real estate, just because the assets had been outperforming others.
For my book, "Raising an Entrepreneur," I talked to 70 parents who raised highly successful kids. We fail, we try and try again, we fail, we try and try and try," he told me. We want kids to explore things in ways that are most meaningful to them, rather than having them trying to please us. Robert Stephens is a perfect example of someone who turned a childhood passion into entrepreneurial success: The boy who loved to fix things started a company that fixes things. Stephens' parents consistently supported his passion and trusted him to make his own choices, and he learned to believe in his own abilities.
Author and parenting expert Margot Machol Bisnow talked to 70 parents who raised highly successful entrepreneurs. Here are the five traits their kids all had in common.
The overnight collapse of Silicon Valley Bank after a social media and group chat-fueled bank run is creating yet another set of problems for an already ailing venture tech environment. The proptech industry has suffered over the past year as higher interest rates have throttled both the real estate and tech worlds. Silicon Valley Bank was the go-to lender of so-called venture debt, or debt that startups can raise along with their equity rounds of funding. The Silicon Valley Bank collapse "just punctuated it," he said, of the financial duress. Real estate lending warningsBanks make up almost a third of all commercial real estate lending according to CBRE.
But as I talked to each, I discovered a common theme: "respectful parenting." What is respectful parenting? When I tell people about the benefits of respectful parenting, they find it counterintuitive. But respectful parents value individuality and don't try to dictate what their kids are curious about or how they express themselves. The 3 pillars of respectful parenting
The path to raising successful kids can seem nebulous. Here are three things parents of highly successful kids have in common. She interviewed 70 parents of highly successful kids to find out if there are any common parenting practices. One thing she noticed was parents of successful kids showed a genuine interest in their kids' hobbies. "The parents never veered their kids away from the hobby because they knew it was keeping them mentally active."
For my book, "Raising an Entrepreneur," I talked to 70 parents who raised highly successful people. When I asked them what skills they taught their kids at an early age, there was one in particular that they all agreed on: curiosity. As parents, we all want to raise confident, fearless and resilient kids. They encouraged their kids to fix things. Robert's curiosity for how things worked started when he was a young boy, when he unscrewed all the doorknobs in his parents' house.
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailI talked to 70 parents of highly successful adults: 4 phrases they never used while raising themIn researching her book, "Raising an Entrepreneur," Margot Machol Bisnow interviewed 70 parents who had raised highly successful adults about how they helped prepare them to best achieve their dreams and spark their entrepreneurial spirit. Bisnow identified four phrases these parents never uttered in order to instill confidence in their growing children. Watch the video to learn more and to understand how avoiding these phrases can work to help parents achieve this goal with their own kids.
When writing my book, "Raising an Entrepreneur," I asked 70 parents who raised highly successful adults about the most extreme things they did that helped make their kids brave and confident:1. Tania Yuki is the founder and CEO of Shareablee, a company that analyzes the impact of businesses' social media platforms. If she breaks anything, I’ll pay for it!” “At that moment, I knew my parents would always trust me," Tania told me. The parents I interviewed all agreed: The sooner kids are given big responsibilities, the more confident and independent they'll become. But these parents all trusted their kids to make choices about how they spent their time.
Year-over-year price growth has already slowed for commercial properties, signaling souring outlooks that could reduce values by 20 to 30%, the strategists wrote in a report. Executives at the Bisnow event pointed to high rents on multifamily properties, though growth is softening. Yardi"If this doesn't clear the market, then I don't know what does," Marcus said of her multifamily properties, which she described as large and relatively new. Andrew Holm, a cohead of US investments at Ares, the owner of more than $50 billion in commercial real estate, is hunkered down for the long haul, however. At the Bisnow event, he was so bearish on commercial real estate that he struggled to name a single sector that might be attractive over the next six months.
The things that parents say to their kids can either encourage and give them confidence, or lower their self-esteem and hold them back in life. As I researched and wrote my book, "Raising an Entrepreneur," I talked to 70 parents who raised highly successful adults about how they helped their kids achieve their dreams. These parents were the opposite of "helicopter" parents (a.k.a. “My parents weren’t angry, they just told me I had to put them all back," he said. We fail, we try and try again, we fail, we try and try and try."
As parents, we hear a lot about the things we should do with our kids. As I researched and wrote my book, "Raising an Entrepreneur," I interviewed 70 parents who raised highly successful adults about how they helped their children achieve their dreams. Despite the diverse ethnic, socioeconomic and religious backgrounds, there were four things that the parents of these smart, driven and entrepreneurial individuals never did when their kids were young:1. Sports, video games, debating, music, birdwatching — every child of the parents I spoke to had a passion outside of the classroom. The parents never veered their kids away from the hobby because they knew it was keeping them mentally active.
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