Teaching Kids Business with Brian McClatchie

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As parents, you have the most influence on how your kids deal with money in their adult life. So, what are you teaching your children that you wished you had learned early in life? There are age-appropriate ways to teach financial literacy to kids. The important thing is to make it simple and fun. Today, Brian McClatchie will share how you can teach your kids about the value of money. He draws from his experience with hiring his five daughters and paying them generously.

Top three things you will learn:
- How to teach your kids about money and business
- How to change other people's lives and leave a lasting impact
- The benefit of paying your kids as they work for your business

About Our Guest:
Brian McClatchie co-owns Land Hunter, a family-run small business specializing in buying and selling hunting properties and other types of raw vacant land. His wife and all five of his daughters are involved in their land business.

Connect with Brian McClatchie:
Website - http://landhunter.com/

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00:00 - Intro
04:51 - Who is Brian, and what does he do for a living?
08:23 - Do you have to be good in sales to become successful in land flipping?
12:06 - What was your reason for involving your daughters in your business?
17:25 - How did you know which element of your business should each of your daughters be involved in? What assessment did you do?
19:34 - Have there been other learning opportunities you've seen your daughters experience as a result of being involved in the business?
23:52 - Have you had conversations with your daughters about how taxes work in relation to money? What do those conversations look like?
27:18 - What were some guidelines you used as you paid your daughters that you felt were helpful?
29:34 - How do you handle investor relations inside the house?
31:21 - As you look ahead, what do you see as other ways that your family can be involved going forward or new things for land hunters that are coming in the future?
34:48 - Can you talk about your Leukemia Hunters initiative and how you're helping change people's lives?

🎧 Listen Now to the full episode here 👉
https://www.wealthwithoutwallstreet.com/podcast/teaching-kids-business-with-brian-mcclatchie

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