Episode 39: Hitting Rock Bottom 3x with Aaron Amuchastegui

The BizDad Podcast

In this episode, Aaron Amuchastegui shares his journey as an entrepreneur and father. He discusses lessons from his entrepreneur father and their impact on his own path. Aaron talks about how loss and regret influence his life and business perspective. He applies business principles to parenting, encouraging his children to pursue passions and learn about monetizing them. Striving to be wanted but not needed, he prepares them for independent success. Aaron reflects on his journey and future goals, emphasizing hard work, resilience, and living fully.

Some highlights from our call:

“When you learn from someone else's mistakes instead of your own, it's true wisdom. I've never been able to truly learn from other people—until having to fall on my face enough times, to then start learning.” - Aaron Amuchastegui

Additional key insights:

- Loss and regret shape perspectives.

- Business principles enhance parenting.

- Being Wanted but Not Needed.

- Teach kids financial literacy.

- Curiosity-driven learning is effective.

- Learn from mistakes and wisdom.

- Aim for independence in children.

- Quality time is crucial for connection.

And much more!

Timestamps:

00:00 Intro & Background

03:27 Childhood Lessons

12:23 Loss & Regret

25:52 Business in Parenting

29:43 Entrepreneur Journey

30:16 Entrepreneur Ups & Downs

31:12 Kids & Entrepreneurship

32:01 Kids & Budgeting

33:00 Kids & Investing

34:08 Kids on Payroll

35:12 Kids' Financial Personalities

36:19 Timing in Teaching Kids

37:15 Value of Learning

38:29 Learning Experiences

39:27 Homeschooling

41:01 Self-Guided Learning

42:01 Curiosity in Learning

43:21 Learning Benefits

44:14 Creating Experiences

45:30 Homeschooling Pressure

55:40 Homeschooling Choice

58:44 Real Estate Journey

01:04:42 Software Transition

01:08:02 Parenting Lessons

01:19:05 Wanted vs. Needed

01:22:01 Reflections & Goals

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