Description
In this episode, James Bates shares his background as a pastor's son and how it shaped his perspective on family and business. The conversation explores seeking wise counsel, learning from mistakes, surrounding yourself with the right people, taking care of your relationship, philanthropy, the power of exposure, family business succession, growth as a father, being intentional, setting expectations, and faith in family.
Some highlights from our call:
“I've had great mentors, and they've told me, ‘I've made a lot of money... And I would go back and trade it all to have the time back with my kids, or have a relationship with my kids.' And I took that to heart from day one. So, my son has always been my priority. He has my time and attention first and foremost.” - James Bates
Additional key insights:
- Emphasize grace and authenticity in faith and family.
- Foster positivity and gratitude.
- Broaden children's perspectives with diverse experiences.
- Parent intentionally with realistic expectations.
- Focus on personal growth over comparisons.
- Appreciate progress by looking back.
- Learn from mistakes and embrace improvement.
- Surround yourself with positive support.
- Nurture relationships with mutual support.
And much more!
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