10 tricks by which you can encourage your child to be an entrepreneur from a young age
Who doesn't want their little ones to be independent and successful? With the advent of the Internet, more business opportunities have emerged.
The classic model where the kid goes to college, gets a steady job, and starts moving up in their career doesn't always apply today. A college degree no longer guarantees a successful career.
The key to stable job success is to grow entrepreneurs who can think and act quickly in an uncertain and ever-changing global economy.
Entrepreneurship turns children into leaders. In employers more than in employees. It helps them create successful and independent businesses. It gives them the opportunity to live decently in an ever-changing world.
Here's what you, as a parent, can do to develop your children's entrepreneurial skills.
1. Teach them young
The key and basic elements should be learned as early as possible, so that by the age of 13, children already have the courage to stand up for their ideas and learn why some are rejected and some are accepted.
2. Give them financial education
Even if public schools don't yet have such programs, you can teach your kids about money right at home. Show them how to save and how to start making money. Tell them every penny counts.
3. Talk to them about art
Creativity is extremely important in entrepreneurship. To make a change, it takes different thinking, creativity, just like in art, music and theater.
4. Help them recognize opportunities
Many people fail to reach their full potential because they fail to identify opportunities. Encourage your children to say what little problems come up in their lives that cause them stress. Then find a solution together to solve these problems. Turn any crisis into an opportunity.
5. Stimulate their communication skills
Communication is very important in a business, from conversations with customers to discussions with distributors. Encourage your children to chat face-to-face, rather than online or on a mobile device.
6. Don't give them pocket money every day
Very few entrepreneurs have a steady weekly or monthly income. Therefore, your children need to know how to handle the money they receive without it being guaranteed.
7. Teach them to set goals and plan
These two skills are essential parts of entrepreneurial success. They are positive habits that will help them a lot. The sooner they learn to apply them, the better off they will be.
8. Encourage teamwork
No one can do everything alone. We all need help sometimes to achieve our goals. The most successful entrepreneurs outsource a lot of their work and team up with people who share their values. Your children need to learn how to play with others so that they achieve a common goal. You can even sign them up for team sports.
9. Celebrate mistakes
Mistakes are a good way to learn important lessons that help children have an entrepreneurial mindset. A mistake means you tried something new and weren't afraid of failure. The more mistakes you make, the more you learn about yourself. Instead of punishing your children for getting a bad grade, try to discuss with them what were the factors that led to this result and think together about a method to prevent the already existing results.
10. Be an example
Many successful entrepreneurs say that the most important thing that inspired and motivated them to achieve entrepreneurial success was the influence they received from their parents. So be the example for your children and apply everything you teach them. Your children are inspired when they watch you and observe your actions. When you tell them to learn from their mistakes, make sure you learn from your mistakes too. When you tell them to be patient and respectful, be patient and respectful yourself.
You are the biggest role model your children have and always will be.
If you want your child to develop life, entrepreneurial and financial skills, come with them to KEN Academy.