Episode 37: Negotiation Is Key to Life with Litan Yahav

The BizDad Podcast

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

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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/

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