Raising kids who are persevering and hardworking

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Transcription:

The question about immediate gratification is very much connected to achieving. And this means gratification by either a parent or by the individual you've hired to be a substitute parent. If you look at what it takes to really accomplish, there always a period of time where you're somewhat out of your comfort zone. You don't get immediate gratification. You go into a class and it's difficult at first but you don't drop out, you stay with it and suddenly you begin to understand. And the real concern that I have with powerful parents, with an overindulgence of people servicing a child, is that we don't have delayed gratification. And so when they can't get what they want immediately, whether is physically or intellectually, they go, they stop. They don't stay with the task long enough to become accomplished and I am very concerned that it is achievement that builds self-esteem. And so the only way that you can achieve is to have to go through periods of time where you very often step outside a comfort zone. People that start companies, will often report that it was years before they ever felt comfortable. They were anxious and worried for many, many years before the company got successful. But the key was they didn't give up. They were able to sort of hang out with that discomfort, stay with the task and then have the really delicious reward of being successful. So it is very important to delay gratification.

Video Categories: ALL PARENTS, Parenting, Spoiling and Overindulging

Clinical Psychologist & Author Lee Hausner, PhD, shares advice for parents on how to raise your child to be hardworking and persevering in order to not give up when faced with challenges in life

Transcript

Expert Bio

Lee Hausner, PhD

Clinical Psychologist & Author

Dr. Lee Hausner is an internationally recognized clinical psychologist, business consultant and family wealth advisor. She served as the senior psychologist for the Beverly Hills Unified School District for 19 years. She is currently the Senior Managing Director for First Foundation Advisors. An acknowledged expert on psychological issues involving wealth and wealth transfer, she was a presenter at the World Economic Forum in Davos-Klosters, Switzerland, and is a frequent participant at the high wealth/private client conferences for major financial institutions. She is a frequent guest on national radio and television and a quoted expert in national publications such as The Wall Street Journal, Times, Forbes, Fortune, Privilege, Town and Country and Worth Magazine.

Dr. Hausner is the co-author with Doug Freeman of A Founder's Guide to the Family Foundation, published by the Council on Foundations and is the author of the seminal work regarding wealth and the family; Children of Paradise: Successful Parenting for Prosperous Families. In addition, Dr. Hausner incorporated her unique six-step transition model for succession in family business in the critically acclaimed family business resource book Hats Off to You 2: Balancing Roles and Creating Success in Family Business, of which she was a co-author.

Dr. Hausner is a graduate of Northwestern University (BA, Psychology), San Francisco State University (MA, Psychology), and Kensington University (PhD, Psychology).

Parenting expert on: Building Self-Esteem, Money Management for Kids, Allowance, Money Management

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