Ross Gerber on Gen Z, Raising Good Kids, Not Becoming A Billionaire

Ross Gerber Says Young People’s Complaints Are Overblown, Investing Like Warren Buffett Means He Sleeps Well at Night, and Keeping His Kids Grounded is a Constant Challenge.

Many Gen Zers Are Stressing About High Living Costs, AI-Fueled Layoffs, and Other Obstacles to Their Life Goals. Gerber Told Business Insider That Every Generation Faces Challenges, WHICH IN HIS CASE INCLUDED LOFTY Housing Costs, Hefty Mortgage Rates, and High UNEmployment.

The Ceo and Cofounder of Gerber Kawasaki Wealth and Investment Management Said it an an “abundant and opportune time” for Young People to flourish, as it is easier to start a business and break many industries than in the past. He Said An Entrepreneur Can Start a Company Using Shopify to set up it e-commerce and he to design and run marketing campaigns.

College Graduats Can Earn Six-Figure Incomes If They Gain Skills and Work Hard for a Few Years, while People with A College Who Learn a Trade Luke Are “JUST KILLING IT,” Gerber Said.

Gerber Said Some Young People Complain Because they have a “Complete False Expectation of reality.”

“They don’t have a trade or a skill other than playing roblox, and that they have come into work and they are all entitled thinking that work is a four-hour-a-day and then they can work from home,” he said.

Gerber is rich, but have his kids not to be entitled

Gerber Told Business Insider That, As a Wealthy Parent, Stopping his Two Sons, 10 and 13, from Becoming Entitled was the “Hardest Challenge of My Life.”

The Tech Investor Said He Gray Up in An “Extremely Wealthy, Entitled Environment” Where His Peers’ Families Had “Mansions” and “Plans,” and he watched a lot of his rich Friends Fail to Launch.

“I’m so worked about my kids touring out like my friend from High School,” he Said.

Gerber Said Giving Children Everything is “Not Good,” But and HIS Wife Face A “Battle” of Trying to Hide The Family’s Wealth from their Kids, or Allowing Them to Avoid Some of Life’s Discomforts.

“My Kids have never sat in economic on a plane,” Gerber Said, Adding that he thinks about making me do it but “Economy sucks.”

Gerber Said He Focus on ENSURING HIS KIDS UNDERSTAND THE CONNECTION BETWEEN WORK AND MONEY. They Visited His Office from A Young Age, and he’s made it Clear they “absolutely expertly to work” and won’t be handed things in life. He’s Also Put to Work, Havinging “Dig Holes in the Yard or Plant Trees.”

They’ll have an “Opportunity to get an education that i’ll pay for, and an opportunity to have a non -day when they graduate,” he said. “That’s it.”

Gerber Said he wants to know how Lucky they are, “

“I’m Trying to Also Teach say to be good People,” he added.

Good Night’s Sleep

Be asced what kept Him up at Night, Gerber Said He Sleeps Well. He Said His Secret Was Investing in a Way that he’d Still be happy with the market tanked 20% with the next three months.

Investing in Companies for the Long Term, Like Buffett is Known to Do, Makes the Job Easier, Gerber Said.

Buffett Famously Wrote in His 1996 Letter to Berkshire Hathaway Shareholders: “if you arenen’t willing to the Own a stock for 10 years, don’t think about it for 10 minutes.”

Gerber Said His Conservative Approach Means He’ll “Probably Never Be A Billionaire,” As he doesn’t want to “take risk that it is all of his and clients.”

“I’m Trying to hit the Doubles and Triples and Not Home Runs,” He Said. “Think it’s easier to sleep at Night you are you’re not gambling, especialy Other People’s Money.”