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In Conversation - John Foster Top Five Tips For Making Your Kids Savvy
Manage episode 407030656 series 2814247
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“Time is always moving forward, tomorrow is going to come whether you want it to or not. And so, you need to be aware of that and you need to plan for it.”
John Foster Top Five Tips For Making Your Kids Savvy
1. Failure isn't Fatal (it's essential).
2. People WANT to Meet You (and want to know, like, and trust you)
3. Don't Make an Enemy on the Way to Making a Deal.
4. Your Next Best Option is Your Backstop and Launchpad.
5. The World is Uncertain; Be Ready to Adjust in Real Time
6. Future/Time Awareness
TIME STAMP SUMMARY
01:30 You have to fail.
07:06 The need for a future focus.
16:07 Enemies are not the answer.
20:01 Next option is your backstop.
Where to find John
Website middleschoolmba.com
LinkedIn linkedin.com/in/john-rock-foster-12813341
John Foster Bio
John received his BS in Chemical Engineering and MBA from LSU and spent thirty-plus years in industry. Along the way, he volunteered for Junior Achievement and through these classroom experiences, developed the Middle School MBA curriculum.
His industrial career failed its way through process engineering, plant operations, business management, M&A, and corporate strategy; finally failing big enough to exit.
His goal now is to teach kids the lowdown on business, economics, and entrepreneurship, in hopes that they might fail bigger and sooner. Interests include angel investing, swimming, cycling, horses, dogs, and guitar.
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