Are you pushing your kids to get a job because you think it will teach them hard work and responsibility?
You might want to rethink that strategy.
In this game-changing episode, we challenge the traditional mindset that getting a job is the best way to teach kids responsibility or financial sense. Instead, we lay out a powerful case for raising children to think like entrepreneurs, not employees.
We share how we've raised our own 7 children to develop grit, work ethic, and real-world resilience—without relying on traditional jobs or minimum wage work. From modeling hard things like summiting Mount Kilimanjaro to investing in books, mentorship, and business attempts, our goal is to teach ownership, not just obedience.
We also address how to create an extraordinary family life by building a home culture of learning, experimentation, and high standards for personal growth. Plus, we dive into why financial education and risk-taking matter more than ever—and how using debt wisely is a skill, not a sin.
If you're serious about raising independent, capable, and wealthy kids, this episode is packed with mindset shifts and tactical advice to get you there.
🎉 Enrollment is now open for our Fall 2025
Habits for a Successful Life Online Class for Teens → Learn More Here
Help your teen build life skills, confidence, and discipline.
💸 Save $75 when you register before August 11th!
Key Takeaways:
✅ Why "just getting a job" may not teach your kids what you think
✅ Why entrepreneurship builds true resilience
✅ How to model growth, risk-taking, and wealth-building
✅ How to raise teens who are capable, self-motivated, and unafraid to fail
Chapters:
00:00 The Journey of Parenting and Launching Kids
00:58 Transitioning to Adulthood: Responsibility and Growth
01:16 Teaching Kids About Work and Wealth
01:25 The Moral Obligation to Become Wealthy
02:56 Understanding Wealth: Mindset vs. Money
04:16 The Difference Between Being Broke and Being Poor
05:42 The Importance of Skills and Resourcefulness
05:54 Jobs vs. Entrepreneurship: A Paradigm Shift
06:56 Creating Value in the Marketplace
08:17 Long-Term Strategies for Success
09:09 The Habit of Making Yourself Valuable
14:15 Building Valuable Skills and Leadership
15:32 The Importance of Continuous Learning
18:37 Investing in Yourself and Others
19:25 Debating Financial Strategies: Dave Ramsey's Approach
21:12 Understanding Risk and Wealth Creation
24:14 Empowering Children to Protect Themselves
29:34 Strategies for Mindset and Skill Development
Memorable Quote:
🗣 "If you think chores teach hard work, you don’t know what hard work is."
🗣 "You don’t get paid when you’re building something that’s yours—and that’s the point."
🗣 "Debt is a tool. It’s like a chainsaw—dangerous if you don’t know how to use it, powerful if you do."
🗣 "Your kids won’t become entrepreneurs if you only show them how to be employees."
🗣 "Work for free now so you can have freedom later."
Give your teen a life-changing experience on our Everest Base Camp Trek for Youth & Family →👉 https://www.extraordinaryfamilylife.com/courses/trek-everest-base-camp-youth-family
RESOURCES:
Let us help you in your extraordinary family life journey.
How We Raised 7 Well-Adjusted Kids - Without Yelling, Tantrums, Punishments or Power Struggles (+ get THE CHECKLIST: Things We Do Every Day to Raise Well-Adjusted Kids)
Rachel’s Must-Read Booklist for Well-Read Moms
Stuff You Should Know
If you've ever wanted to know about champagne, satanism, the Stonewall Uprising, chaos theory, LSD, El Nino, true crime and Rosa Parks, then look no further. Josh and Chuck have you covered.
Dateline NBC
Current and classic episodes, featuring compelling true-crime mysteries, powerful documentaries and in-depth investigations. Follow now to get the latest episodes of Dateline NBC completely free, or subscribe to Dateline Premium for ad-free listening and exclusive bonus content: DatelinePremium.com
New Heights with Jason & Travis Kelce
Football’s funniest family duo — Jason Kelce of the Philadelphia Eagles and Travis Kelce of the Kansas City Chiefs — team up to provide next-level access to life in the league as it unfolds. The two brothers and Super Bowl champions drop weekly insights about the weekly slate of games and share their INSIDE perspectives on trending NFL news and sports headlines. They also endlessly rag on each other as brothers do, chat the latest in pop culture and welcome some very popular and well-known friends to chat with them. Check out new episodes every Wednesday. Follow New Heights on the Wondery App, YouTube or wherever you get your podcasts. You can listen to new episodes early and ad-free, and get exclusive content on Wondery+. Join Wondery+ in the Wondery App, Apple Podcasts or Spotify. And join our new membership for a unique fan experience by going to the New Heights YouTube channel now!