Good investing habits, never lend money & being patient: Crucial financial lessons these bosses learnt from their dads

Life is all about learning. Some lessons stay with us for life, especially when they come from our real-life superheroes – fathers.

From teaching us to walk holding his hand to imparting valuable life lessons, dads know just the best solution to our problems.

ETPanache Digital spoke to a few bosses to find out what they learnt from their fathers.

Check out our complete Father’s Day coverage

Priti Rathi Gupta, Founder of LXME

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Priti Rathi Gupta, founder, LXME

Money lessons: My father has taught me the most critical life skill of investing. With his help, I have developed the ability to research and choose the right tools, the discipline and learnt the magic of compounding. These are not just restricted to money-related habits. He has taught me to invest in people, relationships and building businesses.

Somewhere both my parents taught me the crucial habit of saving, and helped me distinguish between my ‘wants’ and ‘luxury spends’.

Life hack: My dad encouraged me to always be open to learning. He taught me that it was crucial to build on your strengths, and know your weaknesses. Always be open to learning, to be able to work on both.

Gauri Shankar Nagabhushanam, CEO – India Business Parks at CapitaLand Investment

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Gauri Shankar Nagabhushanam, CEO – India Business Parks, CapitaLand Investment

Money lessons: Lending money to friends and family, on most occasions, can spoil relationships. Hence, my father always advised me to help, if the situation demands, people close to me than lending money and spoiling relationships.

Life hack: My father said that roadblocks and challenges are all in the mind. If one can fool the mind into thinking that s/he is not restricted or that the situation is not challenging, s/she will be amazed at what can be achieved.

Meha Bhargava, Founder and CEO of Styl.Inc

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Meha Bhargava, Founder and CEO, Styl.Inc

Money lessons: I learnt to be confident and patient from my father. The greatest gift he ever gave me was believing in myself when I decided to start my own business. He has been a pillar of support for me through all ups and downs.

Life hack: Growing up with him as a role model, I learnt to embrace failure as much as successes and to never let my inner child fade away. The biggest leaps of faith never felt risky because I always had him to save me from all my falls.

Bourbon, Single Malt Or Champagne? We Help You Choose A Nice Father’s Day Gift

In High Spirits

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Fathers are our superheroes, and superheroes deserve the best.

From bourbon to single malt, treat your dad with a bottle of the finest.

On Father’s Day, here are some premium gifting options you can consider for your father.

Glenmorangie – The Lasanta’s spicy rich flavour can be the perfect evening companion for your dad. The fruity spirit has been matured in bourbon and sherry casks for 12 years, transforming it into a sweet and spicy mouth-watering odyssey. Raisins, honeycomb and chocolate-covered hazelnuts lightened by cinnamon breezes are some of the dominant aromas of the spirit. The small sip will leave you with a long and satisfying feeling with notes of spiced orange and chocolate.

Price: Rs 6,010 (Delhi) | Rs 7,825 (Bangalore)

Your dad will thank you for this one. Matured just for five years, this youngest Ardbeg is a raw, tongue-tingling, and smokey dram. Matured in ex-bourbon and Oloroso sherry casks, Wee Beastie can be enjoyed as it is or as the main ingredient of a mouth-watering cocktail.

The spirit has a rich mouth feel with chocolate, tar, creosote and smoked bacon, followed by a burst of antiseptic lozenges, eucalyptus and more aniseed. The premium taste will leave a long, salty and mouth-coating finish with hints of cocoa, fudge and savoury barbecue.

Price: Rs 8,300 (in Mumbai)

The original Hennessy X.O, created by Maurice Hennessy in 1870, hasn’t changed since its creation. However, its brilliant taste will never cease to impress your father. Aged in young barrels, this original eaux-de-vie is between 12 and 30 years old. The spirit has absorbed the wood tannins over a lengthy period and form a cognac of a uniquely satisfying character.

Price: Rs 23,530 for 700 ml (Delhi duty-free)

Moët Impérial is the most iconic champagne to celebrate your father. Created in 1869, it embodies Moët & Chandon’s unique style of bright fruitiness, seductive palate and elegant maturity. It has been created from more than 100 different wines, of which 20 per cent to 30 per cent are reserve wines specially selected to enhance its maturity, complexity and constancy. The blend reflects the diversity and complementarity of the three grapes varietals.

Price: Rs 8,163 for 750 ml (Mumbai)