Beware the helicopters.

Give kids the freedom to make mistakes and suffer the (nonfatal, no loss of life or limb) consequences.

Yes, there are cases to intervene, but generally, you should let your kids hurt themselves more. Pain is a very important form of learning. By overprotecting them, they become very vulnerable adults, then worse things happen.

They also become dysfunctional adults, needing a replacement parent, when the parent disappears- which is mostly the state, sometimes a company - and always a example for stunted individual growth.