0:00 yeah that's definitely a good lesson to learn cuz that's I think that's what I want to do I want to like every parent wants to give their kid what they didn't have yeah all bro but then the double-edged sword is you end up spoiling them so how do you create a more controlled environment where they [Music] get welcome to another episode of careful boys we have that with us today hey hey so it's I like that you're pretty uh you're pretty clear about how you raise your kids yes sir how in your your mind do you think um what's your method of raising kids to be bosses number one you cannot do everything for them Asians are the worst honestly I think so too really not worse why they spoiling kids too much
0:50 huh it's my only kid a it's my only son you could say that to my parents they forgot about you bro that's KY yeah um but I think the first thing is is um Asian family are um they do pretty much almost everything for the kid yeah coming up yeah right and they don't give him a chance to actually um try to solve the solution for themselves really yeah what I thought was weird was some of my other friends later on I was like oh ████ that's actually pretty cool so like some of my other friends like the white friends that growing up with I'll be like oh let's go grab a screwdriver I can't touch that's my dad's screwdriver yeah but then I'm like wait you don't have a family screwdriver goes no I have to get my own set my dad have to get my
1:40 own set so at that snapshot in time it felt really weird I'm like man you ain't even a family but then when I look back now I'm like they start to learn Independence at a young age that's it their parents aren't doing their laundry when they're 12 they're doing their own laundry like all that Independence and like individual thinking starts at a very young age but like when us when we go back to our parents house they're gonna immediately make us food and and they do the laundry for you throw give me your dirty underwear I wash it for you you know what I mean and they still doing it today you think about it it's a culture thing so the first thing if you want to get to be bossed you got to get them to be independent early how did you do that with your sons uh number one my wife she put the hammer down right um no you just try to solve it if you can't solve it come back and ask us so you were the spoiler I'm
2:33 spoiler yeah you try to do it hey honey God damn it I think it's hard because that's how Asians show love you do things of course and that's how you show that's how you show affluence to other families too you know like you want other families to see that your kid doesn't do it also we're talking about like first generation Asians you know what I mean it's like our parents came over from like wartime and stuff so didn't have a lot so we want to give our kids what we didn't right and that's the mentality steal today bro I made a I made every time Loren and I make a video about toing this conversation used to see the controversial just go crazy on the comment that's ████ ████ oh yeah you know we came over here from Vietnam you didn't had nothing that's why I work my ass off so I can actually provide for
3:23 my kids so they don't have to suffer they don't have to actually go through what I went through they're going to turn into spoiled ████ though yeah yeah right and I say to people hey let them suffer in a good way and you to see the ████ comic just go ████ crazy bro they just that's everybody's mentality so that's why a lot of I think kids coming up man the you know the more money you have the worse it is cuz it's easy to do it for them give it to them that's one thing I realized recently I used to really Envy kids that grew up rich and then I realized like now that you see them older it's they're not motivated nothing drives them they feel empty that's why a lot of them get into drugs cuz there's nothing that's filling the board and I was like I'm ████ glad that I had something to aim for and
4:14 want cuz when you already live with business class that's your normal and when you're flying business class but for me coming from like sitting in the back with chickens I need compl the first time you go business class you're like what the hell you could lay down and ████ give me another drink yeah everything there's some kind of like feeling of progress it is where like I think if you're balling then it's like you're actually declining yeah yeah yeah yeah yeah it's true everything else is like there's what what's the what's you just started a higher pedestal and you work your way down yeah no and I agree with you bro this is why this is why I'm saying it all depends how you're brought up yeah right most of those people I know just like you know they they don't have
5:04 purpose yeah when they get older everything they have a lot of stuff they've been already exposed to a lot of stuff and the moment their parents start to cut them off a little bit cuz they got older now they got to go try to find a way now they really ████ because they never been put against the wall like oh ████ okay I got to figure it out you know what I mean so Sports I think is a good way to to uh without telling your kids no do your own damn laundry let him play sports because here's the thing about sports where Russ and Hutson they're not the best best baseball player and it's hard even for me to sit there and go ████ man I hate not seeing my damn kids start sometimes going to a game you drive hours to get there bro and they they don't get no time they're just sitting and and they just them home and
5:54 they just like and even I like just bummed out well guys what you got do we got to train better we got to train harder see what I mean so you're not benched right but the sports man even like you know Russell hon is right on the border where there's nine kids to play you know start and they right there that nine and 10 so sometime they will get in some sometimes they don't get to play and it's been like that since they play literally all the way till high school and um and and it's hard man and and and you got money you know what I mean that's why when I see all stuff like ████ parth you up getting their kids into you know to USC or this and that in sport your Mone ain't got no influence oh yeah none on your performance right yeah yeah just like anything right weight lift everything sport you got to do with yourself and
6:44 that you can't live for your kids you can't go up to bat to hit for your kid you got to do it for yourself it's almost more shameful if you have a nicer bat and you hit weaker for real I got the nicest ████ like M full ████ sucks seriously that's true so so I use always use the analogy of sport to my kids look the reason why you're not getting that nice car because you got to learn how to work and get your money so you can find a way so from day one bro my my wife cam like no let them you know if if I use Sports analogy let them ████ hit the ball let them get stried out yeah in life let them run on the base Let Them Fall tumble on the dirt get their face skirt in the KN and I'm like but honey I mean God damn shut up you know what I mean but in life that's what I feel if you want your kids to be
7:35 bosses yeah you got them ████ let them fall in the dirt scuff their face up right get striked out get bench in life so they can really have hunger otherwise bro imagine if you use your analogy MH oh coach he's 100 Grand bro start oh ████ 100 Grand he's starting every game he can't hit for ████ though just stand there look good stri out of here but in life most of those kids like that you know and what happen as soon as something real soon as they get bench in life like when they in their 30s what happened they get depressed mhm yeah what the ████ what I do oh yo bro let me get some of that ████ dog right in real life that's what happened it's the first time they're dealing with adversity how old were uh were your sons when they started doing
8:26 the LA the coin op laundry man business in in apartment complex yep um Russo is 18 Hudson is um 16 I would say it was like 5 years ago 5 years ago they started this thing yeah and so what happened how it started was uh I bought this really abandoned apartment building it was really for my friend really abandoned like really super really ugly and we got it all rehab like 5 years ago and and it all got that brand new like like 30 unit was it like zero occupancy zero occupancy oh wow what happened was the the roof leaked yeah and he didn't know and it kept leaking into all the units and the Tenant wouldn't say nothing and it leak behind the wall and it started getting moded people started smelling it and then eventually they got to be so bad
9:16 right and then all the tenant start complaining and by the time everybody complained they were what the hell so they went in and they started expecting oh ████ and they started cutting up all the walls and they come to find this whole building is all molded now wow yeah all the 10 left what up guys thank you for watching us for so long if you like what we do please support our patreon Joe tell them what we have to offer so every week you get two videos one never relased director's cut and another one too hot for YouTube patreon only every freaking week you get that and you get access to our Discord where you can come chat with us and ask us questions that become episodes here cuz we're going to answer them and we're going to take it seriously and we want to give you the responses that you want so come stay connected with us join our patreon click the description below for full details and then now the insurance
10:07 company came and they said this is going to cost you uh something like a million dollar to re you know to fix up damn right and um and the building was already really beat up already so he was lucky to even get probably a million a million five for this building in that condition so he came to me and said hey Dax why won you just buy this for me bro it's it's already empty it's already cuz sure want you to gut everything down to the stud frame frame she Rock off all the plumbing is out so when I looked at it the outside looked normal the inside when you walk in it just studs from one hallway to the other hallway like one big giant park building wow and then he sold it to me for 350 Grand and I think easy would have worth 700 just as is so I bought it and I put in uh 1.3 million to rehab it yeah and so I was all in for uh was it 1.5 1.6
10:57 and when I got de they got a praise for like 5 million bucks Jee and so what happened when I got done I said to the kids since you got have some money saved you guys should learn how to do business it's going to cost about $10,000 for three sets of wash and dryer machine coin operated if you put the 10,000 you can buy it and you go service it and your Uncle Phil every time they go and check on the machine every month you guys should go with them and they're like well that's all our money we wouldn't have any more money if we just bought all this but let's think about it if you get 1500 bucks every month and we were estimating how long would it take you to get your money back they're like less than a year then after that you make 100% of your money and they were like okay I can do this so they took all their money and they both bought it and then every month or every other month his Phil Cam's brother will go in cuz he's the proper manager he go check on
11:47 the machine and the kids will go with them and then they will collect the coin and when they collect the coin they will go to B and CR you and deposit it but then something's wrong with it like there was something wrong with it a few months ago they had to take out of their own bank account and they had to go fix it oh wow that's so cool right and so then recently we had another building we just done and we needed three more sets and then they bought the other three sets so they got their money back and then now they own these business so so that's one thing they do and then they also put money in when we do flips MH right and they come out to the site and they learn it and then and then when we sell it they get a percentage of the profit oh yeah and so they learn how to do that so now they leave a little bit of money in some of the prop we keep us rental so they can learn how the their money works that's so cool like that Russell hunson know everything that you know they know they can recite what I that's czy do do you think they need to go to college or
12:38 no you think like after high school is just ready to go yeah uh no I think that they need to go to college the biggest reason why I want them to go to college because I want them to actually get more mature I want to just go just for development yeah personal development networking you learned a lot in college right it is outside of the college yeah and here the thing right if they get done if they go two year and they like you know what something you know I'm I want to I want to go start working with you guys whatever right yeah I I don't know when they're more developed I think right now I think Russell is the first one leaving right I think that'd be good for him to go out there and they independent cuz now you really independent now yeah right living on your own living on campus so have you got to do your own laundry you got to make your own food you got to figure it out you you got to budget your money make your beds do your
13:28 homework and we're not there to go don't be late man yeah you know what I mean it's on him right it's on him so I think that right there is a big growth period for him mentally and then the networking cuz everything is all relationship yeah I want him to go Network he might meet somebody out there you know what I mean that he can learn from outside of real estate so I just think the networking the relationship building the time for growth will give him more present so if he come back two year three year Dad I'm I'm ready he he have more appreciative he understand value he understand money he understand more things so but he's only 18 what what's the hurry yeah yeah see what's the hurry you got plenty of time yeah you know I want them to for me I want them to be independent cuz I was tell hon if Mom and Dad leave and we
14:21 passed away you know I want you and Hudson to not actually be so independent you can run your life be efficient be effective how to make money how to scale your money and how to invest your money if we're not around and you know and so that's what I want for them you know there's a lot of uh stories about like these super big baller celebrities or like Tech you know Moguls and stuff like that that got billions of dollars and then with their children they're not going to give them any of it by the time they die they're going to like donate all their money so they kids can do whatever you got to yeah you got to ████ a ton of money uh under management whatnot when you pass what are you going to do with that I already told him already I told him when we pass away we're going to give him a very small percentage of the net worth and the rest of it going to a nonprofit to Paris by night that's it that's it uh but we uh it's going to go into
15:13 our nonprofit you know me nonprofit we do something good in the world so they already they already know already so the plan's been laid out laid out they already know and the reason why you know we can do the same thing I don't want them look forward to growing into a billion dollar Network got safety net yeah see what I mean right but if they can learn how to make their money yeah they'll make it themselves yeah and then they get the bonus even they got 1% of my billion dollar they they' be good but I don't want them to even understand how to evalue 1% of a billion dollar they don't even know how much net worth that we have you know what I mean but I want them to go work for it and then they have their own money they're sufficient and one day I die and they go they get 1% of a billion dollar yeah boom but we it's already laid out already they like they're not going to get it and that's part of the reason why we don't want to set it up so that we create crutches for
16:04 them growing up how how early did you start we told that we told we told them that when they started their washingt driving business learn it now kids how they were 16 when they started uh well Russ was 18 now so 5 years ago what's that yeah did you name them that on purpose like their names together is hustling no bro no you didn't even know this bro I thought that was your thing I always wanted that girl oh right I always wanted that girl like oh man right I I think it'd be so cute to have a girl you know like a like a like a female thatch you know little that running around a girl version right and my Russell came I'm like ████ so opposite it's so opposite okay all right Russ a boy all right good all
16:55 right honey the next one it got to be a Hudson I mean it got to be a Madison that was the name Madison can be Madison oh ████ it's another boy all right hon honey one more time no no more bro but I wanted a girl at the beginning you do you done trying yeah I'm done but uh but yeah but um you know um yeah we we purposely named them is there any way I could teach my kid so right now I think I we've taught him how to save yeah but I didn't really teach him how to invest or run a business yet but he's six yeah yeah but I want to start as early as I can so right now so right now how he makes money is uh basketball per shot is a dollar ni game time is two bucks so he knows there's higher sticks yes and then in Jiu-Jitsu it's uh if he
17:46 does if he gets a submission it's a dollar but if he does a move of the day which means he can't just rely on the same moves he has to actually pay attention it's two bucks I like that bro so he's been able to start racking up money and then uh and academically um if he gets like student of the month or whatever he gets literally whatever toy he wants nice so what what I've learned about that is um now he'll see something and once he sees the price tag he actually won't get it he's like you know what I'll wait till I get student of the month and so now he's getting things without his money and he actually has a good amount of money now good might have a couple hundred bucks for a six-year-old six yeah but I don't know how to teach the like how to invest or like you know the part where you like this is the amount of money you have if you put it into this it might seem like temporarily you're losing out but over a
18:36 year or two it's going to be double like that kind of concept I don't quite know I think for you part is like what you know is business you know what I mean barely yeah right barely right barely uh I would say start off with what you know oh because you already know it like I knew real estate and so I start off with my kids doing some real estate but you know business right hey let's go and take you $100 and let's go and invest doing this let's say we can duplicate that after we uh sell it something so think a simple a simple thing you know what I mean right and then that's how he understand like I'm not going to buy this toy I'm going wait for my birthday I'm going to use his money to do this with Dad so we can actually parlay this thing but by the time Tiger's 10 he's all making supplements and Sh he's all making Fitness videos yeah
19:28 I'm selling sever right let me right you you should like make something you know mean around health and something you know that he can p his money yeah I I do try to hide social media from him cuz like in his age group like that's a big thing so one time he saw me sitting next to me and he's like saw me just scrolling on Instagram he goes wait how many views did you get what he goes are we famous and I was like oh no no no I don't know what that is that's that's like cuz I don't want him to get in his mind because like you know whole Silver Spoon thing once you see your parents have something that you want then it's like oh I'm part of this but you didn't earn any of it that's right that's right no that's good I think you should keep him business bro teach him business how to how to park his money and then grow his money through business yeah did he know that he had an Instagram account yesterday he was just in here
20:18 and he saw those plaques and I think he follows enough YouTubers now he knows what that is he goes what the I wish I would have vlogged him but he was like what he was like do people like your channels I was like what do you know about that he goes oh you only get those if people like your channels I was like oh ████ that's crazy is my dad famous imagine if you told him the channels for those aren't even up no more they're all come they dead now yeah that's definitely a good lesson to learn cuz that's I think that's what I want to do I want to like every parent wants to give their kid what they didn't have bro but then the double edged sword is you end up spoiling them so how do you create a more controlled environment where they get a little oh yeah how do you do that too on the on that side of things how do you prevent your sons from
21:08 getting caught up in like Social Media stuff because you're a public figure as well yep yeah uh my kids we talk about at home yeah right and and they they they smart you know we talk a lot about at home but they know a lot of that stuff on social media just bunch of you know a lot of fake ████ your sons seem pretty logical even when you listen to them talk know a lot of that stuff is fake they know a lot of haters when we started making video with Hudson and Russell my God # saave Hudson right right blink you know you need save from a multi-millionaire household and so we always say Hudson down right and like hson you know buddy that don't read those comments a bunch of haters he's like yeah I know I I I'm not worried about no he don't phing right and so um Madison would have freaked out
22:02 but um but yeah they they what you call it they they understand a lot of stuff is just all fake and you know and and just social media just all that fake so they they they they don't even they get they have they get hit up like with hundreds and hundreds of thousands of uh followers but they don't they don't they don't accept them wow yeah they just block their channel is blocked only for their friends wow they don't want they don't want all these stranger following them these days that's really cool that's mature smart you know what's crazy too I was thinking because every time we do video they get thousands and thousands of f friend and they only friend their own friends so like their channel is like 50 people that's smart though because it does keep it safe in their Circle yeah so no like considering that they know everything you know right have they taken any uh mentorships like have they taken people under them
22:52 teaching them some of the things they haven't but they FR as always say hey man I feel like they got to be getting asked that too oh yeah they FR always say hey man man ask your dad next time right if they ever go to ugly house you got to go ugly house can we come along with them yeah yeah yeah because those guys are probably in a good position to teach their homies too yeah you know I mean I we always tell them let tell your friends make money just buy real estate whatever you do for a living just park some money in real estate just let it ride yeah just let it ride cuz you don't want to look at that money like it's just stock money but it grows like crazy right and you can borrow against it you know you can do a lot of things with it and just build 19 adus in the back yeah in your your house yeah yeah yeah it's crazy bro
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