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    Guides — Child Entrepreneurs

    Child Entrepreneurs and Teaching the Entrepreneurial Spirit

    Child Entrepreneurs and Teaching the Entrepreneurial Spirit

    Kids and fun

    When you think about your childhood, the first things that come to your mind are playing under the sun, with friends and creating and inventing new games and getting your baby boy onesies dirty in the mud. However, as time has passed, new technology has developed which has led to the kids of this generation finding fun through pre-made games and staying indoors all the time. As parents, we have a huge role into developing our kids future, by things that we do on purpose or even things that we do by habit. We want our kids to become those successful child entrepreneurs. This can be done consciously and unconsciously by encouragement of certain qualities which your child presents. There lies an evident difference between playing indoors on phones and playing outdoors with nature and using creativity to create new games. This has now led to younger children to lack both creativity and risk-taking behaviour. These are necessities for becoming child entrepreneurs and having the entrepreneurial spirit. Creativity and risk-taking behaviour are crucial for kids to develop a future entrepreneurial mindset and entrepreneurial spirit. By playing games at home, they lack the fundamental risk-taking skills and learning that failure exists, and one can bounce back from failure.

    What should parents do?

    As parents, we have a duty into making our kids live a life and push them towards certain direction, however, due to difficulties and the lifestyle changes, we have become helicopter parents that worry too much and fearful parents. As an example, when your child wants to put his shoelaces on, don’t try speed the process by doing their shoelaces for them, give them time and let them learn. Teach your child to be optimistic and not fearful of failure. Teach them these essentials on the entrepreneurial spirit and to become child entrepreneurs and not to be fearful of failure. Let your child take small risks, let them play outside, and grow their young creative minds. When your child fails, don’t quickly help them, let them learn to embrace failure knowing that they can conquer it, even after they have failed. Kids these days may have become, stronger faster, fearless however they lack the entrepreneurial side. Creativity and risk taking.

    Activities

     These activities should be encouraged:

    • Playing games outside
    • Music class
    • Drama class
    • Art classes
    • Chess
    • Creativity
    • Optimism
    • Risk taking behaviour
    • Embracing failure
    • Encourage entrepreneurial spirit and to lead them towards becoming child entrepreneurs

    Don’t forget, that entrepreneurs that make it within Silicon Valley usually have 2-3 previous fails.

    Encourage creativity.

    Entrepreneurial child