I’m writing you now so that you can begin this process immediately, and so that you don’t have to deal with the hurt and struggle of weaning them off of the addiction that you facilitated. That addiction only leads to anger, resentment and jealousy from everybody involved, including yourself.
As time goes on, you will see them grow independently and have their own ambitions and their own lives, and your relationship with all of them will be much better as a result.
There’s plenty more I could write to you, but at 17, I know you don’t have the attention span to sit through 2,000 words.
The next time I write to you, I may touch on the challenges of mixing blood with business. The most important advice I can give to you is to make sure your parents remain PARENTS and not managers.
Before you sign that first contract, figure out the right budget for your parents — one that will allow them to live beautifully while also growing your business and setting people up for long-term success. That way, your children’s kids and their kids will be able to invest in their own futures when the time comes.
Your life is about to change, and things are about to come at you very fast. But just let this sink in a bit when you lay down at night after another nine-hour training day.
Trust me, setting things up right from the beginning will avoid a ton of tears and heartache, some of which remains to this day.