Episode 37: Negotiation Is Key to Life with Litan Yahav
Manage episode 405846308 series 3484567
Litan Yahav discusses his background, including moving to Israel at a young age and growing up with entrepreneurial parents. He explains how his passion for problem-solving inspired him to start a business in the diamond industry, tackling inefficiencies in diamond trading. Litan talks about discussing his business with his children and teaching them problem-solving and negotiation skills. The conversation covers themes related to education, parenting, and exposing children to traumatic events. He emphasizes curiosity and imagination in child development, individualized parenting, and recognizing each child's unique needs.
Some highlights from our call:
“One of the things that sort of gave me and my co-founders—it's this understanding that even if you know nothing about an industry, you can learn. That's the advantage— you know nothing about the industry, which means you don't have limitations, like the mindset that something's not possible. That's the diamond in the industry.” -Litan Yahav
Additional key insights:
- Entrepreneurial parents inspire creativity.
- Curiosity and imagination in child development.
- Exposing children to conflict fosters resilience.
- Teaching problem-solving and negotiation skills to children.
- Individualized parenting approaches.
- Importance of patience and being present.
- Teaching kids the value of money.
- Dealing with traumatic events.
- Value of structured programs and networking in entrepreneurship.
And much more!
Timestamps:
00:00 Intro
02:18 Relocation and Early Life
06:22 Entrepreneurial Family
09:23 Migration Motives
13:08 Entrepreneurship Shift
15:20 Problem-Solving Passion
27:57 Diamond Industry Obstacles
30:45 Business Sale
31:10 Business Talks with Kids
36:22 Networking Programs
40:26 Problem-Solving and Negotiation
45:22 Fostering Curiosity
50:30 Parenting Styles
59:47 Discussing Hard Topics
01:05:20 Conflict Exposure
01:08:06 Handling Trauma
01:09:19 Florida Trip
01:11:06 Kids in Business
01:12:25 Being Patient & Present
01:29:30 Money Values for Kids
_____
Follow Litan Yahav:
LinkedIn: https://www.linkedin.com/in/litanyahav/
LinkedIn Page: https://www.linkedin.com/company/vyzerfinance/
FaceBook: https://www.facebook.com/litanyahav
Website: https://vyzer.co/
Subscribe to our YouTube channel and be updated with our latest episodes at youtube.com/@thebizdad
You can also watch and listen on Rumble at: https://rumble.com/user/thebizdad
You can also subscribe to our podcast channels available on your favorite podcast listening app below:
Apple Podcasts: https://podcasts.apple.com/ph/podcast/the-bizdad-podcast/id1692797876
Spotify: https://open.spotify.com/show/1UKSJyYyYu5tBcFGgWQvEe
Follow us on our social media accounts:
Facebook: https://www.facebook.com/thebizdad
Instagram: https://www.instagram.com/adamlabarr/
LinkedIn: https://www.linkedin.com/company/the-bizdad-podcast/
You can also visit our website at: https://ralcapitalgroup.com/
71 episodes