As busy parent-entrepreneurs, we take for granted that schools are there to teach our children knowledge and skills that will get them ready for the real world. While good academics is a good foundation, it’s just not enough to equip young people to deal with harsh realities. A well-rounded education involves teaching and learning life skills that a person will carry with them after school, skills that will help them navigate relationships and careers, and be successful people.
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Today, we continue our life-changing conversation with Jim Sheils. Passionate about strengthening family ties, Jim shows us how to create opportunities to connect with your kids and your partner, why it’s essential to do so, and the techniques he applies to get more impact. As an avid parent educator, Jim shares how he’s teaching three important life skills not usually taught in school to teenagers. Listen now and learn how to give your kids a headstart in life!
Key Points From This Episode:
- What is The Family Board Meeting, the philosophy behind it, and the story that ignited it all?
- How did Jim’s desire to succeed not only in his business but more so at home strengthened his commitment to family life and children’s education?
- Why does “separating the parts strengthens the whole” (that is, scheduling one-on-one time with each child and with the spouse is a powerful tool to strengthen the family)?
- Why letting your child plan the one-on-one activity will have more impact
- Why busy parent entrepreneurs who invoke “entrepreneurial immunity” are planting bad seeds
- How putting family rhythms in place will plant the habit of making time for family activities and relationships?
- The three skills not taught in school that Jim and his wife, Jamie strive to teach their children to prepare them for life’s tough times: personal development, financial intelligence, and relationship skills.
- What is the Teen Mastermind and how does Jim’s family use this to teach the three life skills to their teenagers and their friends?
- The various content and formats of Teen Mastermind aimed to teach the three skills to teenagers.
“I wanted to be successful in business and at home.”
“As entrepreneurs, we feel like we have immunity. We’ll lose our patience, we’ll not keep a commitment and we’ll say, “but you know how hard I’m working?” And we give ourselves what I call entrepreneurial immunity. You’re planting some really bad seeds.”
“I am very involved in my kids’ education, trying to get them lessons that I wasn’t taught but guys like you and I are starving to learn more of today in our professional career.”
“I’m always trying to get my kids lessons in personal development, financial intelligence, and relationship skills.”
“Just imagine the headstart they’re gonna have. That’s my whole goal. I didn’t have any idea of return on investment, what investment is, or how to make money work for you. I wasn’t really up on these subjects. And I’m just thinking, gosh, I’m excited for my kids.”
Links Mentioned in Today’s Episode:
About Jim Sheils
Jim Sheils has been a full-time real estate investor for over twenty years and his ventures have done over 1,000 acquisitions and rehabs. Getting his start in Bakersfield, CA, he left in 2005 for Northeast Florida to follow the long-term growth patterns predicted for the area. Post-2008, his company did a bulk of foreclosure properties until switching their model to new construction to adapt to the changing market conditions and needs. Forming a dynamic building partnership, Jax Wealth Investments now focuses on catering to investors in single-family and small multi-unit development in Jacksonville, Ocala, Palm Coast, and Atlanta, GA. Jim also runs a family education company called “18 Summers” specializing in talks, workshops, and retreats for entrepreneur families. He wrote the best-selling book “The Family Board Meeting” which went to #1 in the categories of relationships, parenting, and entrepreneurship. Jim is an avid surfer and enjoys traveling with family and friends, especially his beautiful wife Jamie and their four children, Alden, Leland, Maggie, and Sammy. Jim’s greatest adventure to date: donating a kidney to the greatest guy on the planet, his father.
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