Avoiding raising children who feel entitled

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Avoiding raising children who feel entitled

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Our family has been very fortunate financially, but in no way has it undermined our children's motivation. And I think part of the reason is that money was never that important to us. I think you raise your children by example. If we were valuing money and saying that it gave us a sense of entitlement or we acted that way, then we would pass that onto our children. And I think our children saw that it really didn't matter to us. In fact, I just thought we were very, very fortunate. Things could have gone another way; I let them know that. I let them know that money did not necessarily connote performance, that sometimes a lot of luck was involved. And I think the important thing is we never picked our friends according to whether they had similar financial circumstances to us. In taking vacations, we didn't go to fancy places. We went to places where we thought our children would have a good time and that we could spend time as a family. And I think that your children pick up your values. And if you're not materialistic, you're children aren't going to be materialistic.

See Al Checchi's video on Avoiding raising children who feel entitled...

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Al Checchi

Businessman and Father

Al Checchi is the author of The Change Maker, which catapults readers into a world few will ever experience. Entertaining, fast-paced, and episodic, this memoir of an unconventional agent of change provides a lesson in the values of strategic thinking and responsible leadership found so wanting today. With self-deprecating humor and irony, Al Checchi chronicles the meteoric rise whereby his creativity, strategic thinking, and negotiating skills helped transform three major American institutions-Marriott Corporation, Walt Disney, and Northwest Airlines-and led him to challenge the California political establishment as a candidate for governor. Checchi demonstrates that through experience, vision, courage, and force of personality, one person can make a difference and lead others to move beyond their comfort zones and transform our institutions. 

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Transcription: 
Our family has been very fortunate financially, but in no way has it undermined our children's motivation. And I think part of the reason is that money was never that important to us. I think you raise your children by example. If we were valuing money and saying that it gave us a sense of entitlement or we acted that way, then we would pass that onto our children. And I think our children saw that it really didn't matter to us. In fact, I just thought we were very, very fortunate. Things could have gone another way; I let them know that. I let them know that money did not necessarily connote performance, that sometimes a lot of luck was involved. And I think the important thing is we never picked our friends according to whether they had similar financial circumstances to us. In taking vacations, we didn't go to fancy places. We went to places where we thought our children would have a good time and that we could spend time as a family. And I think that your children pick up your values. And if you're not materialistic, you're children aren't going to be materialistic.