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Steve Harvey on Raising Kids Who Never Had to Struggle · Earn Your Leisure

• 0:00
  Speaker 1: I want to talk about generational wealth.
• 0:02
  Speaker 2: And I kind of want to change the phrase to
• 0:04
  Speaker 2: sustainable wealth because you have seven kids, five grandkids.
• 0:08
  Speaker 1: Seven and seven. Seven and seven now? Yeah, they had
• 0:10
  Speaker 1: two more. Two more.
• 0:12
  Speaker 3: They little machines over there right now cranking them out.
• 0:15
  Speaker 2: And so I'm interested because obviously maybe your children have
• 0:19
  Speaker 2: seen some of the setbacks that you've had, but your
• 0:22
  Speaker 2: grandchildren will never see it.
• 0:23
  Speaker 1: They don't know anything about that. And so it's tough
• 0:26
  Speaker 1: for them.
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  Speaker 2: To understand the type of perseverance, the type of determination,
• 0:31
  Speaker 2: resiliency to sustain the things you've been through. So how
• 0:34
  Speaker 2: do we teach from what you've been through to them?
• 0:39
  Speaker 1: You know, man, I ain't figured that out yet because.
• 0:45
  Speaker 3: There's even a hiccup between not the grandkids, but my
• 0:48
  Speaker 3: own kids. Right, right. Okay, because look, bro, most of
• 0:52
  Speaker 3: us that are successful today oftentimes are the first ones
• 0:57
  Speaker 3: in our family to be successful. I'm pretty sure before
• 1:01
  Speaker 3: Rick Ross hit it, it wasn't no more. I know
• 1:04
  Speaker 3: before Jay-Z hit it, it wasn't no more in his family.
• 1:07
  Speaker 3: You know, we ain't got nobody to go to to
• 1:09
  Speaker 3: figure this thing out. So what happens is, and then
• 1:13
  Speaker 3: you say, as most good parents, I want my children
• 1:17
  Speaker 3: to have a better life than the one I had.
• 1:20
  Speaker 3: So you try to protect your children from the hustling
• 1:24
  Speaker 3: grit that you was under. You know, my kids ain't
• 1:26
  Speaker 3: got to come up like me, figure it out and
• 1:29
  Speaker 3: work through this and work like that. But in that, though,
• 1:33
  Speaker 3: you've made a mistake. Because now, see, all of my
• 1:38
  Speaker 3: children live their life as high acrobats with a net.
• 1:44
  Speaker 3: So if they lose grip of the handle, daddy down
• 1:47
  Speaker 3: there got a net.
• 1:48
  Speaker 1: I ain't have no net.
• 1:50
  Speaker 3: So I was a high wire act, and when I
• 1:52
  Speaker 3: slipped off, my ass hit the ground, had to get repaired,
• 1:56
  Speaker 3: then climb.
• 1:56
  Speaker 1: Back up there.
• 1:58
  Speaker 3: They got a safety belt on, they on the hunt,
• 2:00
  Speaker 3: they doing wild ass flips.
• 2:01
  Speaker 1: Oh, there wasn't no bar, oh!
• 2:04
  Speaker 3: They hit the thing and the little cable pick them
• 2:06
  Speaker 3: back up. And it's messed up, man. Because you, and
• 2:12
  Speaker 3: I've talked about this with all the brothers, I know
• 2:15
  Speaker 3: that's successful. I don't know nobody that figured this one out, man.
• 2:20
  Speaker 3: How do we teach our children the hustle and grind
• 2:25
  Speaker 3: when we trying to keep them out of the hustle
• 2:27
  Speaker 3: and grind?
• 2:28
  Speaker 1: You understand?
• 2:29
  Speaker 3: Why would you not give your child an allowance and
• 2:32
  Speaker 3: you have it?
• 2:33
  Speaker 1: Why would you not?
• 2:34
  Speaker 3: So now, plus, you want them in the best schools, right?
• 2:37
  Speaker 3: So now you got them in school with these white kids.
• 2:40
  Speaker 3: They sitting up in here with the latest on iPads, iPhones.
• 2:44
  Speaker 3: You can't send your little black ass kid up there
• 2:46
  Speaker 3: without that because you're trying to teach him how to
• 2:47
  Speaker 3: be tough, strong, wicked. No, you got to put his
• 2:51
  Speaker 3: little punk ass in the same outfit. You know, come on, man.
• 2:56
  Speaker 3: You can't have your child up there looking crazy. But
• 2:59
  Speaker 3: now you mad because they ain't got the same grit
• 3:04
  Speaker 3: you got, the same hustle. Like, I look at them all, man,
• 3:08
  Speaker 3: and I just go, I'm proud of what they're becoming,
• 3:15
  Speaker 3: but I know, man, That if something go really wrong
• 3:21
  Speaker 3: for them, they got me. But when something went really
• 3:25
  Speaker 3: wrong for me, my answer just had to live in
• 3:27
  Speaker 3: my car. I couldn't go to my daddy and get
• 3:30
  Speaker 3: a thousand for no apartment. Look, man, I was in
• 3:33
  Speaker 3: college for three years before I flunked out. My father
• 3:37
  Speaker 3: sent me money one time. He sent it in an
• 3:42
  Speaker 3: envelope and it had two index cards. And when I
• 3:45
  Speaker 3: opened it up, It had a flat, crisp, $ 5 bill
• 3:51
  Speaker 3: in it. And the note on the index card was,
• 3:56
  Speaker 3: this shit gonna have to stop. Dog. Hey man, you
• 4:07
  Speaker 3: going too far with this shit. This shit got to stop.
• 4:10
  Speaker 1: Five dollars, man. Three years of college, he.
• 4:15
  Speaker 3: Sent a five dollar bill and that was the message
• 4:18
  Speaker 3: on the card. I opened that card, I went.
• 4:20
  Speaker 1: Man, the deal. This shit got to stop.
• 4:25
  Speaker 3: I had a job all through college bought books everything
• 4:31
  Speaker 3: my father give.
• 4:32
  Speaker 1: Me nothing what nothing something to.
• 4:35
  Speaker 3: Be going look man my kid tatted car failed to
• 4:42
  Speaker 3: pay their insurance because they forgot they come to me
• 4:44
  Speaker 3: we gotta get another car Well, you ain't finna.
• 4:47
  Speaker 1: Drive none of mine. I don't have cars you can drive.
• 4:50
  Speaker 1: You already know.
• 4:51
  Speaker 3: None of my children, here's the only thing, none of
• 4:54
  Speaker 3: my children have ever driven one of my cars. Because
• 4:57
  Speaker 3: I don't have a drivable car. I ain't got no
• 5:00
  Speaker 3: car you can go scrape. I got cars. See, and
• 5:04
  Speaker 3: people ask me all the time, man, why you buy
• 5:06
  Speaker 3: such expensive cars? Cause if this all go away one
• 5:12
  Speaker 3: day and I got to go back to living in
• 5:14
  Speaker 3: a car, That motherfucker gonna.
• 5:19
  Speaker 1: Be nice. Phantom, I'm gonna be in the backseat of
• 5:22
  Speaker 1: a phantom. Stretched out with a refrigerator. I got a
• 5:26
  Speaker 1: refrigerator in there. I got lights in the ceiling. That's
• 5:30
  Speaker 1: what I'm gonna be home to see.
• 5:35
  Speaker 3: So quit asking me why I spent so much money
• 5:38
  Speaker 3: on the car cuz I gotta go live back.
• 5:40
  Speaker 1: In that.
• 5:42
  Speaker 3: Thing again I know.
• 5:47
  Speaker 2: Laurie and yourself have gone into business with moon ultra
• 5:51
  Speaker 2: so what I mean, what's that process like knowing that
• 5:53
  Speaker 2: one of your children? Has the you know the business
• 5:56
  Speaker 2: acumen to say I want to do this.
• 5:58
  Speaker 1: You know, Laurie man is Really great.
• 6:02
  Speaker 3: I Got a few businessmen in the family You know,
• 6:05
  Speaker 3: the two youngest ones, Wynton and Lori, are figuring it out.
• 6:10
  Speaker 3: Lori came to me and said she didn't want to
• 6:13
  Speaker 3: go to college no more.
• 6:14
  Speaker 1: And I was like, I'll be damned.
• 6:17
  Speaker 3: That's a fine time after I done paid these money.
• 6:19
  Speaker 3: You know, we could have had this discussion for the tuition.
• 6:23
  Speaker 3: I can't get it back. But she had a plan.
• 6:27
  Speaker 3: And it's been really amazing watching her grow and develop because.
• 6:34
  Speaker 1: Of a couple of things, man.
• 6:37
  Speaker 3: I'm so protective of her because I know what she
• 6:39
  Speaker 3: up against, you know, and, but she's always wanted to
• 6:45
  Speaker 3: be a business person. And so, you know, you watch
• 6:49
  Speaker 3: your kids grow and develop, you watch them learn, they
• 6:52
  Speaker 3: make mistakes as we all do. But what Lori did was,
• 6:57
  Speaker 3: Lori has, she just always asked me a question.
• 7:02
  Speaker 1: Dan, what's it like for this? What's it like for that?
• 7:05
  Speaker 3: And I could see her wanting more, but this Moon
• 7:09
  Speaker 3: Ultra investment that we invested in, but her skincare line
• 7:14
  Speaker 3: was all her, all the vision of her and her mother.
• 7:18
  Speaker 3: Her and her mother, her mother had this vision before,
• 7:21
  Speaker 3: but she put it on the back burner and she
• 7:25
  Speaker 3: dumped it all in with Lori because Lori got smart.
• 7:28
  Speaker 1: Lori has a team.
• 7:30
  Speaker 3: Lori has a CEO mentality She understands it now.
• 7:35
  Speaker 1: She gets it.
• 7:37
  Speaker 3: You know, she's been through the washer out here. She
• 7:40
  Speaker 3: know what this social media can be. She learned how
• 7:43
  Speaker 3: to make it more of a friend of hers than
• 7:45
  Speaker 3: the enemy. And she just got real smart, man. And
• 7:49
  Speaker 3: she'll come to me and she'll go, Dad, I'm thinking
• 7:52
  Speaker 3: about doing this.
• 7:53
  Speaker 1: What do you think?
• 7:54
  Speaker 3: I don't always agree, but I don't have to. Because
• 7:58
  Speaker 3: what's in Lori's imagination, I don't have to see. because
• 8:03
  Speaker 3: God ain't going to put her imagination.
• 8:06
  Speaker 1: In my head.
• 8:07
  Speaker 3: So since I understand that principle, when Lori comes to
• 8:10
  Speaker 3: me with this, what people think is this wild, crazy idea,
• 8:14
  Speaker 3: like this girl right here is not going to stop, man.
• 8:16
  Speaker 1: Her skincare line is good. She's into fashion. She's smart.
• 8:21
  Speaker 3: And it's just a pleasure watching her. My oldest daughter,
• 8:25
  Speaker 3: the twins, Brandy is on her own with her beyond
• 8:28
  Speaker 3: her element that she does speaking engagements. Carly that girl
• 8:34
  Speaker 3: went out here married her husband who came and asked
• 8:37
  Speaker 3: me for Her hand in marriage on a golf course.
• 8:39
  Speaker 3: I had a 7-iron in my hand I want to
• 8:41
  Speaker 3: crack his head wide open because I'm fine time to
• 8:44
  Speaker 3: ask me to marry my daughter and I just lost
• 8:46
  Speaker 3: his round of golf out here and But.
• 8:49
  Speaker 1: He's a good guy She got it together.
• 8:52
  Speaker 3: She I has been agent of the year with State
• 8:56
  Speaker 3: Farm now for two years and a run in this
• 8:58
  Speaker 3: girl and opened up agencies and stuff.
• 9:01
  Speaker 1: Oh, she's in the insurance business? Yeah, yeah. That's where
• 9:02
  Speaker 1: you started.
• 9:03
  Speaker 3: Yeah, I started in that. I was never agent of
• 9:06
  Speaker 3: the year. I was stealing premiums and stuff. I was
• 9:10
  Speaker 3: at lower level.
• 9:11
  Speaker 1: Real cool in play. Yeah, I was.
• 9:13
  Speaker 3: Some things, but I had to make some survival decisions
• 9:15
  Speaker 3: when I was selling insurance. If you gave me your premium, mm.
• 9:20
  Speaker 3: But she's doing really, really well. Jason, my other son,
• 9:25
  Speaker 3: is in the fashion business with his wife. He had
• 9:29
  Speaker 3: a shoe line out for a while. It kind of
• 9:32
  Speaker 3: was hard to keep afloat. Now he's back down at
• 9:34
  Speaker 3: Basel again. He's got his clothing line he's working on
• 9:37
  Speaker 3: with his wife, who was a model, runway model.
• 9:42
  Speaker 1: They met her.
• 9:43
  Speaker 3: That's a long story, but he's giving me more grandkids
• 9:46
  Speaker 3: than anybody.
• 9:47
  Speaker 1: And he's doing well. My oldest son, Broderick.
• 9:50
  Speaker 3: Works on all my TV shows because he just wants
• 9:54
  Speaker 3: he wants to be in tv uh directing and tv
• 9:59
  Speaker 3: uh production so he's working as a second stage director
• 10:02
  Speaker 3: and stuff for all my shows went and does photography
• 10:05
  Speaker 3: on my shows but went and.
• 10:06
  Speaker 1: Does videos he's did a lot of work with.
• 10:09
  Speaker 3: Kanye two chains a lot of artists and stuff went
• 10:12
  Speaker 3: and travels to Dubai work, and he does work for
• 10:17
  Speaker 3: the Department of Tourism over there. So all of the kids, man,
• 10:22
  Speaker 3: are getting it. They're not where they want to be,
• 10:25
  Speaker 3: but they're getting it. And I told them all. I
• 10:29
  Speaker 3: think what helped them was I said I was cutting
• 10:30
  Speaker 3: everybody off, and I didn't. But it felt good saying it,
• 10:37
  Speaker 3: but I didn't. I told Lori I was going to
• 10:38
  Speaker 3: cut her off, and she just went, Daddy, stop. That
• 10:42
  Speaker 3: was all she said was, don't play, don't play. Because
• 10:45
  Speaker 3: Lori really thinks she's the special one.
• 10:48
  Speaker 1: She really does.
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  Speaker 3: Lori, I told her I was going to cut her
• 10:50
  Speaker 3: off because she's making a lot of money right now,
• 10:53
  Speaker 3: and I was going to cut her off, and she
• 10:54
  Speaker 3: just started laughing. And then she said, well, and you're
• 10:57
  Speaker 3: not going to speak to me anymore? I said, yeah,
• 10:59
  Speaker 3: I'll still talk to you. She said, but not if
• 11:01
  Speaker 3: you cut me off. So can't cut her off, so.