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Establishing Boundaries with Children and Setting Limits
The speaker reflects on the importance of setting boundaries with children, citing personal experiences where disrespect was not tolerated. They highlight the need for parents to instill boundaries early on to prevent future challenges. Drawing parallels between parenting and business, the speaker emphasizes the significance of balancing immediate comfort with long-term outcomes. Over-coddling children and shielding them from failure may lead to detrimental effects in adulthood, underscoring the crucial role of boundaries in child-rearing.