Summary
In this conversation, Scott Donnell and Chad discuss strategies for motivating and empowering kids. They emphasize the importance of finding what lights a child up and using that passion as a source of motivation. They also discuss the role of money in teaching kids about motivation and responsibility. The conversation explores the idea of giving kids control and responsibility over their own expenses and the benefits of creating opportunities for them to earn money. They also address the issue of hopelessness and mental health in kids and the importance of supporting them through struggles. The conversation concludes with a reminder to parents to initiate and show up for their kids, and the importance of community support and resources.
Takeaways
Find what lights your child up and use that passion as a source of motivation.
Teach kids about money and motivation by giving them control and responsibility over their own expenses.
Create opportunities for kids to earn money and learn the value of hard work.
Support kids through struggles and let them know that you have their back.
Time Stamps
00:00 Finding Motivation through Passions
00:58 Teaching Kids about Money and Motivation
03:12 Empowering Kids to Take Control of Their Lives
04:10 Creating Opportunities for Freedom and Responsibility
06:18 Teaching Kids to Be Financially Responsible Adults
07:09 Taking Accountability and Responsibility
09:43 Addressing Hopelessness and Mental Health
11:06 Creating Value and Building Confidence
12:29 Supporting Kids Through Struggles
13:39 Initiating and Showing Up for Kids
14:47 Community Support and Resources
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Chad’s Best Seller Book:
Smart, Not Spoiled: The 7 Money Skills Kids Must Master Before Leaving the Nest
Scott’s Best Seller Book
Value Creation Kid: The Healthy Struggles Your Children Need to Succeed
Socials
Scott Donnell on LinkedIn - linkedin.com/in/donnell-scott
Chad Willardson on LinkedIn - linkedin.com/in/chadwillardson
Scott Donnell on Instagram - @imscottdonnell
Chad Willardson on Instagram - @chad.willardson
Scott Donnell on TikTok - @imscottdonnell
