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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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