The Journal catches up with Dimitrios Kavvathas, devoted father of Anastasia (2 years) and Ioannis (9 months) on his perspective as a parent. Mr. Kavvathas recently retired as a Partner at Goldman Sachs.
You are very passionate about the topic of early childhood development. What triggered this interest?
I’ve always taken a strong interest in how talent gets created, and how people get better at what they do. Nurturing my own children to becoming the best they can be represents the ultimate challenge to me in terms of effort and understanding in fostering the concept of self-improvement.
The imprint of a child is formed mostly at the early years and by 6 years of age there’s not much more you can really do. Yes of course there is a lot of hard work that needs to continue afterwards but the foundation – whether it’s strong or weak – is not really going to change. So it’s all about the work you put into the first 6 years. I can’t imagine anything more important than getting it right now.
The ‘foundation’ you referred to – what is that comprised of?
Foundation for me means everything surrounding one’s attitude and approach towards learning, to knowledge and to others around them.
What principle(s) guide your parenting philosophy?
I have a great passion for athleticism and there’s no better analogy better than how a professional athlete works or thinks to how I would want learning and education to work for a child.
What underpins fitness is discipline; the willingness to defer instant gratification for future success. You are constantly working hard for a goal that’s somewhere in the future; a sprinter might be training for 4 years just to excel at a 10 second race. One particular famous study by Walter Mischel, known as the Marshmallow Test sought to identify the most important predictors of success in life. Above anything else, virtues such as patience and self-control were found to be the most consistent predictors.
Does the pursuit of discipline come at the expense of happiness for a child?
I think the key is to find ways to help children develop their own discipline, not to force it upon them. Using sports again as an example, in the US a lot of children enjoy competitive sports and they naturally want to get better at what they do.
By promoting a similar attitude towards learning and education, I believe that a child can take a disciplined approach and find the process enjoyable.
What advice can you give to those who seek to balance work life with family life?
We can say all we want about attaining balance but we are not really attaining it. I’m not working for the time being, and it just makes me realize more how much can be done with the children. Having a disciplined program in place is a start to ensure that any time spent is focused on quality.
You’ve enjoyed considerable success in the world of finance. Are there any concepts from the business world that can be brought into the parenting world?
In the business world we often talk about the importance of being customer-centric. With education being one of the most important consumer products, how many educational institutions really consider what the needs are of its ‘customers’? This leads me to have some reservations on how the education system works both philosophically and practically in Hong Kong. I applaud SPRING for breaking the mold.
Lastly, you’re at a formal gathering with your children and they start crying uncontrollably. You have a matter of seconds to pacify them. What would you do?
I start by hugging them, holding them close to my head. In a slightly severe but constructive tone, I say (in Greek) “Please just stop this now, it is not helpful.”
There is firmness in the voice but with a bit of pleading as well, so whether they are in the mood to understand fear, or if they are more receptive in that moment to the pleading aspect, they can take it whichever way they want.