Vishen Lakhiani and his daughter Eve discuss how he teaches her business through parenting. She started a henna business using scarcity pricing, and he gave her Berkshire Hathaway stock at 12 to show compounding. Vishen scaled Mindvalley to $100 million without venture capital and now teaches founders how to build authority businesses that don't depend entirely on them.
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Wait, wait, wait, okay. Alright. My dad turns everything into a business lesson.
It's called parenting.
Not always. I started a henna business. He taught me scarcity pricing.
But did it work though?
Yes. For my 12th birthday, he decided to give me money.
See? Normal dad.
He gave it to me in the form of Berkshire Hathaway stock.
Because compounding doesn't wait for you to grow up.
I was 11 turning 12.
Exactly, and you'd wasted 11 years of compounding.
See what I mean?
Look, building businesses around experts is what I do. I've helped over 100 authors turn their knowledge into authority, and I scaled Mindvalley to over $100 million in revenue without venture funding. But this is where a lot of experts get stuck. The founder becomes the bottleneck. Sales need you, marketing needs you, your team needs you, every decision needs you.
Your daughter needs you.
Eve, I'm literally making this video with you right now.
For your business.
Alright, good point. So at the Expert to Authority Summit, I'm teaching you how to turn what you know into an authority business and build that business so it doesn't need you every 5 minutes.
Please go, because if you don't listen to my dad, I have to listen to my dad. Also, I get $10 for every 10,000 views this video gets.
Deal.
Go to Expert to Authority Summit. Build a business that doesn't need you every 5 minutes. So I can have a normal childhood.
