Steve Harvey on Raising Kids Who Never Had to Struggle

I want to talk about generational wealth.

And I kind of want to change the phrase to sustainable wealth because you have seven kids, five grandkids.

Seven and seven. Seven and seven now? Yeah, they had two more. Two more.

They little machines over there right now cranking them out.

And so I'm interested because obviously maybe your children have seen some of the setbacks that you've had, but your grandchildren will never see it.

They don't know anything about that. And so it's tough for them.

To understand the type of perseverance, the type of determination, resiliency to sustain the things you've been through. So how do we teach from what you've been through to them?

You know, man, I ain't figured that out yet because.

There's even a hiccup between not the grandkids, but my own kids. Right, right. Okay, because look, bro, most of us that are successful today oftentimes are the first ones in our family to be successful. I'm pretty sure before Rick Ross hit it, it wasn't no more. I know before Jay-Z hit it, it wasn't no more in his family.

You know, we ain't got nobody to go to to figure this thing out. So what happens is, and then you say, as most good parents, I want my children to have a better life than the one I had. So you try to protect your children from the hustling grit that you was under. You know, my kids ain't got to come up like me, figure it out and work through this and work like that. But in that, though, you've made a mistake. Because now, see, all of my children live their life as high acrobats with a net.

So if they lose grip of the handle, daddy down there got a net.

I ain't have no net.

So I was a high wire act, and when I slipped off, my ass hit the ground, had to get repaired, then climb.

Back up there.

They got a safety belt on, they on the hunt, they doing wild ass flips.

Oh, there wasn't no bar, oh!

They hit the thing and the little cable pick them back up. And it's messed up, man. Because you, and I've talked about this with all the brothers, I know that's successful. I don't know nobody that figured this one out, man. How do we teach our children the hustle and grind when we trying to keep them out of the hustle and grind?

You understand?

Why would you not give your child an allowance and you have it?

Why would you not?

So now, plus, you want them in the best schools, right? So now you got them in school with these white kids. They sitting up in here with the latest on iPads, iPhones. You can't send your little black ass kid up there without that because you're trying to teach him how to be tough, strong, wicked. No, you got to put his little punk ass in the same outfit. You know, come on, man.

You can't have your child up there looking crazy. But now you mad because they ain't got the same grit you got, the same hustle. Like, I look at them all, man, and I just go, I'm proud of what they're becoming, but I know, man, That if something go really wrong for them, they got me. But when something went really wrong for me, my answer just had to live in my car. I couldn't go to my daddy and get a thousand for no apartment. Look, man, I was in college for three years before I flunked out. My father sent me money one time. He sent it in an envelope and it had two index cards. And when I opened it up, It had a flat, crisp, $ 5 bill in it. And the note on the index card was, this shit gonna have to stop. Dog. Hey man, you

going too far with this shit. This shit got to stop.

Five dollars, man. Three years of college, he.

Sent a five dollar bill and that was the message on the card. I opened that card, I went.

Man, the deal. This shit got to stop.

I had a job all through college bought books everything my father give.

Me nothing what nothing something to.

Be going look man my kid tatted car failed to pay their insurance because they forgot they come to me we gotta get another car Well, you ain't finna.

Drive none of mine. I don't have cars you can drive. You already know.

None of my children, here's the only thing, none of my children have ever driven one of my cars. Because I don't have a drivable car. I ain't got no car you can go scrape. I got cars. See, and people ask me all the time, man, why you buy such expensive cars? Cause if this all go away one day and I got to go back to living in a car, That motherfucker gonna.

Be nice. Phantom, I'm gonna be in the backseat of a phantom. Stretched out with a refrigerator. I got a refrigerator in there. I got lights in the ceiling. That's what I'm gonna be home to see.

So quit asking me why I spent so much money on the car cuz I gotta go live back.

In that.

Thing again I know.

Laurie and yourself have gone into business with moon ultra so what I mean, what's that process like knowing that one of your children? Has the you know the business acumen to say I want to do this.

You know, Laurie man is Really great.

I Got a few businessmen in the family You know, the two youngest ones, Wynton and Lori, are figuring it out. Lori came to me and said she didn't want to go to college no more.

And I was like, I'll be damned.

That's a fine time after I done paid these money. You know, we could have had this discussion for the tuition. I can't get it back. But she had a plan. And it's been really amazing watching her grow and develop because.

Of a couple of things, man.

I'm so protective of her because I know what she up against, you know, and, but she's always wanted to be a business person. And so, you know, you watch your kids grow and develop, you watch them learn, they make mistakes as we all do. But what Lori did was, Lori has, she just always asked me a question.

Dan, what's it like for this? What's it like for that?

And I could see her wanting more, but this Moon Ultra investment that we invested in, but her skincare line was all her, all the vision of her and her mother. Her and her mother, her mother had this vision before, but she put it on the back burner and she dumped it all in with Lori because Lori got smart.

Lori has a team.

Lori has a CEO mentality She understands it now.

She gets it.

You know, she's been through the washer out here. She know what this social media can be. She learned how to make it more of a friend of hers than the enemy. And she just got real smart, man. And she'll come to me and she'll go, Dad, I'm thinking about doing this.

What do you think?

I don't always agree, but I don't have to. Because what's in Lori's imagination, I don't have to see. because God ain't going to put her imagination.

In my head.

So since I understand that principle, when Lori comes to me with this, what people think is this wild, crazy idea, like this girl right here is not going to stop, man.

Her skincare line is good. She's into fashion. She's smart.

And it's just a pleasure watching her. My oldest daughter, the twins, Brandy is on her own with her beyond her element that she does speaking engagements. Carly that girl went out here married her husband who came and asked me for Her hand in marriage on a golf course. I had a 7-iron in my hand I want to crack his head wide open because I'm fine time to ask me to marry my daughter and I just lost his round of golf out here and But.

He's a good guy She got it together.

She I has been agent of the year with State Farm now for two years and a run in this girl and opened up agencies and stuff.

Oh, she's in the insurance business? Yeah, yeah. That's where you started.

Yeah, I started in that. I was never agent of the year. I was stealing premiums and stuff. I was at lower level.

Real cool in play. Yeah, I was.

Some things, but I had to make some survival decisions when I was selling insurance. If you gave me your premium, mm. But she's doing really, really well. Jason, my other son, is in the fashion business with his wife. He had a shoe line out for a while. It kind of was hard to keep afloat. Now he's back down at Basel again. He's got his clothing line he's working on with his wife, who was a model, runway model.

They met her.

That's a long story, but he's giving me more grandkids than anybody.

And he's doing well. My oldest son, Broderick.

Works on all my TV shows because he just wants he wants to be in tv uh directing and tv uh production so he's working as a second stage director and stuff for all my shows went and does photography on my shows but went and.

Does videos he's did a lot of work with.

Kanye two chains a lot of artists and stuff went and travels to Dubai work, and he does work for the Department of Tourism over there. So all of the kids, man, are getting it. They're not where they want to be, but they're getting it. And I told them all. I think what helped them was I said I was cutting everybody off, and I didn't. But it felt good saying it, but I didn't. I told Lori I was going to cut her off, and she just went, Daddy, stop. That was all she said was, don't play, don't play. Because Lori really thinks she's the special one.

She really does.

Lori, I told her I was going to cut her off because she's making a lot of money right now, and I was going to cut her off, and she just started laughing. And then she said, well, and you're not going to speak to me anymore? I said, yeah, I'll still talk to you. She said, but not if you cut me off. So can't cut her off, so.

Steve Harvey on Raising Kids Who Never Had to Struggle

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