5 Ways to Teach Your Kids to Be Great Entrepreneurs As an entrepreneur, do you find yourself struggling to explain what your job is to your kids? Entrepreneurial curriculum is rarely part of the formalized education system in the USA, so exposing your kids to Entrepreneurism will likely to be a process you begin at home. Some say it s e er too late, ut e say it s e er too early to i trodu e your kids to e trepreneurship by fosteri g Kidpre eurs.� The Har ard Graduate “chool of Education and the National Foundation for Teaching Entrepreneurship found that, Youth ho are taught about entrepreneurship show a positive change in attitude and strong success orientation, and are more likely to be focused on academic and professional achievements, aspirations, ad leadership.
1. Allow Kids Space to Brainstorm So e of the est produ ts a e fro ild ideas, so do t put your pare tal rai limitations on your kids, let them dream big. Then move to step two. 2. Coach Them on Goal Setting So they have big dreams and ideas, show them how to formalize those goals with a paper and pencil, or typed out on the tablet. Focused goal setting teaches accountability. 3. Support Their Successes, but More Importantly, Redirect Their Failures into Seeing New Opportunities Entrepreneurs think different. Coach them when they fail or have set-backs to always bring a set of optimistic eyes to the issue to find opportunity. 4. Introduce Them to a Business Plan Starting your Kidpreneur writing their first business plan now may sound extreme, however a simple outline will help them learn structure. Create your own or refer to the examples of Kidpreneur Business plans at Kidpreneurs.org.
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5. Invest in Them Support your kids start-up drea s y i esti g i the . But do t just give them money, assign dollar amounts for extra jobs your kids could help with around the house, go over the parameters just like a client and at the end, review their service. Start them off early with the business process.
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REF: kidpreneurs.org businessnewsdaily.com/5051-young-entrepreneurs.html dakotafire.net/schools/teaching-kids-to-forge-their-own-paths/2262/ getrichslowly.org/blog/2011/11/08/think-different-teaching-kids-to-be-entrepreneurs/ inc.com/ss/duane-squires/10-steps-teaching-your-kids-become-entrepreneurs?slide=1#2 inc.com/ss/9-ceos-who-started-companies-kids#5
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