A dangerous thing that can happen is when you over-identify with your kids. Like being the overbearing sports-parent that pushes their kid to succeed because you see it as an extension of your success. I think every parent runs into this to some degree. I have to remind myself they are different people with their own wants, needs, values, and criteria for what "success" means to them. Not an extension of myself.
Yet it's hard to balance avoiding over-identifying with the "I want to keep you out of obvious danger". Like "Don't go 200K in debt for a poor college education" or things like drug and alcohol usage at too young an age. The downside risks for some of these things are huge.