fbpx

Benefits of Teaching Young Children About Entrepreneurship

Benefits of Teaching Young Children About Entrepreneurship

Reading Time: 5 mins

Teaching young kids about entrepreneurship is probably one of the biggest favours parents can do to their children. Why I do believe it is so important? Because there is a long list of benefits if you decide to do so. You can find a short list of five benefits below.

5 Benefits of Teaching Your Kids About Entrepreneurship

  1. A better work ethic – you can tell your kids whatever you like, but they will copy your behaviour, so expose them to your positive work ethic as soon as you can
  2. Appreciation for money – they will learn first hand money do not grow on trees or mummy’s wallet. Money are not everything, but we should learn its value
  3. Creative thinking – problem solving is the best way to learn creative thinking and entrepreneurship is full of challenges that need to be solved
  4. Improved people skills – small business is the easiest way to learn how to deal with all kinds of individuals. A very useful skill in every aspect of life
  5. Better goal setting – no matter how big or small the business is, there is always something to plan ahead and a goal to be reached. Another extremely useful skill

Maybe I am missing something, but I am under impression schooling systems around the world do not do very good job to popularise entrepreneurship. Even Robert Kiyosaki in his book “Rich Dad, Poor Dad” mentioned he wanted to learn how to make money. Meanwhile, what he received from school and his poor dad was how to work for money.

I am not against schools whatsoever. I don’t believe it would be a right place to learn about entrepreneurship anyway. Instead, I do believe is that parents should expose their kids to this lifestyle as soon as possible. It’s fairly easy if one or both parents are actually running any sort of business. Nonetheless, even if it’s not the case you can still do a lot to encourage your offspring to follow this path.

I am not against schools whatsoever. I don’t believe it would be a right place to learn about #entrepreneurship anyway. Instead, I do believe is that parents should expose their kids to this #lifestyle as soon as possible. #hustle Click To Tweet

The above list comes from the article by Samuel Edwards I came across some time ago at Entrepreneur.com. After reading I decided it definitely needs its own infographic, which you can find below. You can also check out the original article right here.

Can You Teach Young Children About Entrepreneurship?

Not only you can, but I believe it’s a must. I know some people might claim it’s a talent or a skill you cannot learn. However, the truth is you absolutely can. Whether a person will enjoy it or will achieve massive success is a completely different story. But it’s a risk like any other. Just like playing the piano, they might hate it, but the chances are they might end up as second Chopin.

Same here, they might not love it, but you might have raised up another Gary Vee 😉 and even if not as shown below they will massively benefit from it. Entrepreneurship is a lifestyle and being entrepreneur is something you are, not what you do. Plus, although it’s extremely hard it is also super fun to do and brings a lot of satisfaction.

Benefits of Teaching Young Children About Entrepreneurship

Your kids will massively benefit from it. Entrepreneurship is a lifestyle and being #entrepreneur is something you are, not what you do. Learn why it's worth it to teach them young #happiness Click To Tweet

How to Teach Your Child to be an Entrepreneur

Since you have learnt some of the benefits and that it can be taught, you are probably wondering now how to do it? In fact in modern world the possibilities to do so are endless. The best way is of course learning by doing. As mentioned before you can say whatever you like and use all the arguments you like, but kids are learning mainly by example.

Hence, the best way is to take them onsite with you and show them how you roll. But to maximise the results and keep their attention you have to make it entertaining. Use your creativity, create a story and make it fun. I know you think everything about your business is fun, we all do, but I hate to break your heart – kids usually don’t. Make it interesting.

How to Teach Your Child to be an Entrepreneur

If it’s a little bit too early for them to take them with you and do some stuff around your business or you don’t own a business yourself you can simply work in front of them. Another great option is to use any sort of medium you find relevant. Internet is full of amazing materials, I wish I had available when I was a kid. In fact I could probably still use many of them to learn!

  • Entrepreneurship books for kids
  • Cartoons about entrepreneurship
  • Board and online games
  • Lemonade stand and other ventures
  • You name it

I know you still might not be entirely convinced how to do it or if you should do it at all. If that’s the case I can recommend you to watch the below video. It is a fantastic TED done by Cameron Herold with the similar message: let’s raise kids to be entrepreneurs. I can also understand many parents are very much concerned about their kids happiness.

You can have a look on the post where I wanted to prove there is another much more important factor than just being happy. You can check it out below and learn why it’s important to start young under the next link below. No matter what you will decide, be well my friend 🙂

Infographic prepared based on the following article:

https://www.entrepreneur.com/article/292631

Please feel free to share this article if you found it valuable.

This Post Has One Comment

Leave a Reply

Close Menu

Have You Tried Our Business Quiz?

Find out what type of business will be the best for you.