Tomorrow’s business leaders and startup founders are today’s young children whose parents have raised them with an entrepreneurial spirit. As a parent, you inspire that spirit by encouraging the emotional skills your child will need, such as effective problem solving, a positive mindset toward failure, and decision-making.
Here are a five ways to empower your child’s entrepreneurial ambition and help them become tomorrow’s leaders… today.
1. Know your kid’s passion
Become aware of what your kid is interested in because there’s a possibility of turning a hobby into a business venture.
2. Model effective problem solving skills
Help your child tackle problems they are going to face in everyday life by helping them identify the problem, weigh pros and cons, and choose the best option.
3. Foster a positive attitude towards failure
Encourage your child to try, fail, learn, and try again – a skill every entrepreneur needs.
4. Let kids make decisions
Whether it’s letting them choose their outfits or choosing between broccoli or spinach with dinner, it all exposes them to what it feels like to make a decision.
Invest in books, courses, conferences, and seminars that are geared for kids and teens. Take your teen to conferences to learn from top business owners. Visit the bookstore regularly with your kids to invest in books that help sharpen those entrepreneurial skills.
Many parents who have invested in Concordia University’s Kid and Teen Entrepreneur Academy summer camp have reported that their kids return with useful skills and the knowledge needed for business and everyday life. Business owners and entrepreneurs from Orange County and Los Angeles volunteer their time to coach and mentor students to provide a learning experience that’s well worth the investment.
Concordia University Irvine
Click here to learn more about Kid Entrepreneur Academy (grades 5-8)
Click here to learn more about Teen Entrepreneur Academy (grades 9-12)