How to raise an entrepreneur child

How To Raise Entrepreneurial Kids — Entrepreneurship (2022)

Are successful entrepreneurs born or made?

You could argue that they're born with attributes that make them successful, like an open mind, drive, competitive spirit, or the ability to see the big picture. But what about the skills we develop over time, like creativity, courage, confidence, the ability to handle stress, and subject matter expertise?

To raise the next generation of entrepreneurs, we shouldn't rely only on genetic traits. We should teach them how to be entrepreneurs—and there’s no better way to learn than by doing.

Learn: What is entreprenuership

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To raise entrepreneurial kids, we need to give them opportunities to start a business, take some risks, and learn what it takes to be an entrepreneur. I know this first hand—because I was a kid entrepreneur.

My first business(es)

As a child I was always exploring new ways to make extra money. I had big ticket items on my wish list like remote control cars, gaming systems, my first computer, and even a robot. My allowance just wouldn’t cut it—so I had to earn the money myself. At age 10, I started delivering newspapers and by 12 I had become an independent representative for two catalog sales companies, selling to neighbors on my street.

I was shy growing up, but selling to my neighbors and relatives was a nice way to ease into sales. I learned that the simplest technique is to give your customers the opportunity to buy something they want, at a fair price. There was no sales pitch. I literally dropped off catalogues and then collected the orders. It was exciting and a great experience.

Early business ideas found among the author’s elementary school notes.

From these early businesses, I developed experience and confidence, plus valuable skills like problem solving, customer service, time management, teamwork, leadership, and resourcefulness.

According to a study of 2.8 million businesses, experienced entrepreneurs have greater odds of success. Starting a business as a child or teenager delivers that experience early on and can improve their odds of business success later in life. Entrepreneurs tend to develop effective problem-solving and critical-thinking skills, which are valuable for any career path, not just running a business.

As parents, we can encourage our kids to get excited about creating or building stuff, selling things, offering a service, and making money, while teaching them important lessons and skills.

But what does this look like in practice?

Helping kids start a business

A few years ago, at age five, my daughter started receiving a small allowance to keep her room clean. The money meant nothing to her at first—until she realized she could use the money to buy Barbie dolls. Now I had her interest.

I explained to her that she could make even more money by starting her own business, whether it be a lemonade stand, making crafts, or some other idea.

Hannah’s Summer Treats was born.

Hannah Buconjic on her first day of business.

Hannah decided she wanted to sell treats from our driveway. To keep her excited about the idea, we went online and had a logo designed on Fiverr for less than $25. Next, we ordered a t-shirt, banner, and a yard sign for another $65 from Vistaprint.

Hannah was in business.

All she needed now was her supplies. She wanted to offer more than just lemonade, so we picked up cans of lemonade concentrate, a box of ice cream bars, and several packs of Mr. Freeze ice pops. We chose a Saturday for her grand opening, created an event on Facebook, and invited friends and family.

When the day came to launch her business, we set up a table at the end of our driveway complete with an umbrella from our back deck. She had a cooler stocked with supplies and ice, a cash box, and a large drink dispenser for the lemonade.

That day, I learned that my daughter was a natural promoter. She ran up and down the sidewalk waving her sign and yelling to every car, jogger, and bicycle that passed. Some even stopped. When a customer approached, Hannah got shy and hid behind us. But each time, she got a little braver.

Hannah proudly promoting her business from the sidewalk.

She also learned a few things real fast. First, ice cream sandwiches don’t stay frozen in the cooler, so we had to move them back to the kitchen freezer for storage. It became a bit of a hassle. Lemonade and Mr. Freeze quickly became her best sellers, which simplified inventory going forward. She dropped the chocolate ice cream sandwiches, and kept a limited supply of vanilla available.

She operated Hannah’s Summer Treats several times that summer, and each time she seemed more confident. My wife showed her how to take the customer’s money and make change. She learned about revenues and expenses. At the end of each day, we counted the money together, and took out the cost of her supplies. Whatever was left over was her profit to keep. She was proud of herself and excited about growing her new business.

Even kids can pivot

Unfortunately, COVID-19 prevented her from operating in 2020. So she decided to launch her own YouTube channel, The Hannah News Network (HNN), to share news for Gen Alpha. It was completely her idea. My wife and I wrote each script and produced the videos.

We shot them using my iPhone, and I quickly learned how to edit the videos on my PC. One of her first episodes was about Kid’s Messenger from Facebook and how it allowed her to stay in touch with her friends. She talked about how safe it was to use and all the fun features. She’s also done movie reviews and interviewed a professional football player, Jordan Hoover of the Edmonton Eskimos. Hannah really started coming out of her shell, and showing her personality.

HNN’s launch was featured on a local news website and caught the attention of our local cable company, which subsequently featured her videos on their community TV channel. She plans to continue filming HNN and restart Hannah’s Summer Treats this year. She even wants to write her own children’s book. Every opportunity has been a learning experience and stepping stone to other business ideas and projects.

Tips for parents raising entrepreneurial kids

By introducing our kids to entrepreneurship at an early age, the experiences—both positive and negative—can help shape their future, and may be the start of something amazing.

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Here are seven ways to teach your kids to be entrepreneurial:

1. Teach them about money

Most young kids have no concept of what money is or how it works. So help them to understand by relating it to the real world. Explain to them that you work to earn money, to pay for your house or apartment, to put food on the table, to pay utilities, and to buy fun things like toys and videos. Then teach them how to earn an allowance or make their own profits from a simple business. Let them spend some of their earnings (while saving the rest) on a new toy or video game and they will quickly begin to understand.

2. Teach them responsibility

This could be as simple as giving your child weekly chores, keeping the dog’s food and water dishes full, babysitting their siblings, or finishing their homework before playing video games. Responsibility will teach them that they have a role in their own success, and that keeping commitments is often rewarded.

3. Nurture their skills, talents, and interests

Encourage your kids to be creative and use their imagination. If they like to write stories, encourage them to write. If they like to make things, let them use your tools. Playing sports will teach them teamwork. Passions and interests are often a great source of business opportunities.

4. Teach them business basics

Running a business can be hard, and we want to make it as easy and fun as possible for our kids. Bite-sized lessons are a good way to start. Ask them to write down their business ideas and choose one. Next come up with a business name (try our business name generator) and logo (try our logo maker). Show them how to create a simple startup budget by asking them to list everything (with costs) they need to start the business. Teaching our kids about revenues, expenses, and profits is also important. Do this by itemizing expenses and paying them out of the revenues earned.

5. Planning and decision-making

Entrepreneurs solve problems and make decisions every day. Get your child involved in making the business decisions in their venture. Another way to get started is to have them write a simple one-page business plan, like this one from Home Sweet Road. This exercise will force your child to explain their business concept, identify their target market, list their competition, show how they will promote their business, figure out how much they will charge for their product or service, and much more. As the old saying goes, “Failing to plan is planning to fail.”

6. Recognize opportunities

Entrepreneurs by nature see opportunities where others don’t. Encourage your kids to look for opportunities and take initiative. Whether it’s reselling sneakers on eBay, tutoring other kids for money, or shovelling the neighbors’ driveways, opportunities are all around us—and entrepreneurial kids can spot them.

7. Give back

Entrepreneurship isn’t just about making money. It’s about solving problems and helping people. Encourage your child to help by offering a portion of their profits to charity or hosting special sales events to raise money and support a cause. When we “forced” my daughter to downsize her stuffed animal collection, we convinced her to sell them on Facebook Marketplace and donate the money to a local charity. We explained how much the donation would help a local hospice and she quickly agreed.

A quick note on keeping your child motivated: as much as we want to teach our kids and help create opportunities for them to achieve success, remember that they are still kids. Keep it fun, and don’t put too much pressure on them. My daughter has told me numerous times that she doesn’t want to do HNN anymore, and I listened. But she always seems to come around on her own, ready to pursue the project again in her own time.

Leave the door open to continue, but encourage your child to open new doors as well. New interests can lead to new experiences and new opportunities. Just keep encouraging them to learn and follow their interests.

Resources for parents

The topic of raising entrepreneurial kids continues to build momentum, and luckily there are some excellent online resources for kids and parents to learn more.

Here are a few to start with:

50 Business Ideas for Kid Entrepreneurs
Kidpreneurs with Big Ideas
Let’s Raise Kids to be Entrepreneurs - TED Talk
Entrepreneur Kids
Homework: A Shopify series taking you inside the head of kid founders
Shopify Kids: Business Starter Kit

Whether your goal is to raise an entrepreneurial kid or a kid entrepreneur who actually starts a business, the benefits gained by teaching our kids about business are undeniable. In the end, whether they pursue entrepreneurship long-term or not, the skills and experience gained during this formative time can pay dividends later in life.

How To Raise Entrepreneurial Kids

Type “entrepreneurial child” into any stock image site and the results show kids in suits, kids holding meetings in boardrooms, kids behind thriving lemonade stands and kids shaking hands with other kids. Let’s make one thing clear. I do not care if your child starts a business. What I do care about, however, is that if your child decides, of their own accord, at some point in their life, that they want to start a business, they can.

How to raise entrepreneurial kids

Pixabay

Some grown-ups never consider becoming an entrepreneur. They see it as a risk. They don’t have the confidence that taking the leap requires. They have been talked out of it by someone else. They fear failure. None of these are good reasons not to start a business.

If those fearful adults had been raised to be entrepreneurial, they would now be living life according to their own agenda and making decisions based on their own ability, instead of the opinions, agendas and pessimistic projections of the people around them. Through my work I have been able to distil the childhood trends of successful entrepreneurs and gain an insight into how these individuals were raised and how parents are actively passing on their skills to the next generation.

What does entrepreneurial really mean?

Entrepreneurial means confident, positive, creative, resourceful, and resilient. An entrepreneurial person is someone who is faced with a problem and works out the solution. Their convictions rally a tribe and their ideas pick up momentum. An entrepreneurial person makes their own decisions and never forgets they always have choices. An entrepreneurial person doesn’t need to be an entrepreneur.

The sooner someone operates in this way, the sooner it becomes a habit, and the more they dictate their own future. An entrepreneurial kid is practising this now. An entrepreneurial kid is heading towards a future of possibility, of happiness, abundance and success, whatever success happens to mean to them at the time.

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From gathering hundreds of stories from entrepreneur childhoods, here’s the four-part framework for raising entrepreneurial kids:

1. Cultivate the mindset

Instilling an entrepreneurial mindset involves looking both inward and outward. Inward: at the mindset and attitude someone develops towards how they see their own abilities, how they frame success and failure and how confidently they approach new situations. Outward: the belief that they can positively effect change or create something of value, or how they view work and what its place might be in their future.

Entrepreneurial people look at change and see opportunity. They look at disruption and see a chance to add value. They look at problems and see solutions. They are challenged and they rise above. They are doubted and they exceed all expectations. Day-to-day experiences bring ways to model this mindset and behaviour within a family and at school.

In practice, helping someone to develop an entrepreneurial mindset means assisting them to believe in themselves and to dream big about what their future could hold. It means guiding them into seeing the best in others and situations. To view disruption and change positively and to truly believe that they are strong and capable enough of overcoming barriers. To understand the huge value they could bring to the world. To learn commitment and the value of practising to reach mastery. It means seeing mistakes and failures as opportunities to start again, to do better, or to learn.

How to raise entrepreneurial kids

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2. Develop the skills

Developing entrepreneurial skills involves practising elements of work that entrepreneurs use all the time. These include pitching, negotiating, making decisions, leadership, customer service and creative thinking. Raising entrepreneurial kids means finding everyday ways to incorporate fun challenges that nurture these skills.

Seeing someone skilled in their work or hobby is awe-inspiring. Their competence appears innate. When watching, consider how much deliberate practice led to that level of unconscious competence. From seeing someone expertly work a room, present an idea, handle objections, or guide someone through a decision they’re struggling with; it’s clear that the earlier someone learns these skills the more second-nature they will be in the future.

Develop entrepreneurial skills by encouraging healthy debate, setting age-appropriate tasks and challenges, and practising coming up with ideas and solving problems. Turn learning these skills into a fun game and keep it light-hearted. It might be negotiating together over what’s for dinner, making informed decisions about planning the week, or putting a young person in charge of an event or trip. Perhaps you could have a conversation about ways to help people or create your own framework for decision-making.

3. See opportunities

Being introduced to entrepreneurial opportunities involves playing and experimenting with business ideas within a secure and risk-free environment. Letting them experience and interact with real-life entrepreneurial scenarios that open their eyes to the possibilities. Being open to opportunities means seeing with a mindset of possibility and abundance. It means believing that opportunities are everywhere, they just have to be found; like a treasure hunt.

Great entrepreneurs constantly think of new ideas for products, services and businesses. Whilst they discount 99% of them in favour of focusing on the few that they are committed to, their brains become trained to seek out opportunities. They work their ideas muscle every day and success is inevitable. Guiding a young person into an opportunity-seeing mindset involves thinking in that way yourself. It then involves asking the questions that will mean they carefully consider their own path, whilst adopting a playful stance of “Let’s give it a go!”, and “Why not?”

Introduce entrepreneurial opportunities by discussing the businesses you encounter every day. Ask how they work, who they serve, and which problems they likely encounter. Understanding the needs of the businesses all around you helps someone think in that way. Progress this further by helping to spark the ideas they could get involved in. What could be possible with these things in the garage that we don’t need? With the messy garden. With the neighbour’s dirty car? With the invention that could really help solve that problem. Ask, “How could you be part of the solution, and what will you do about that?”

How to raise entrepreneurial kids

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4. Meet mentors and role models

The final part includes introducing them to a variety of people, from all backgrounds, who have chosen to be entrepreneurs. It could include talking to them about their work, their day-to-day, and their lifestyle; offering opportunities for learning and emulating. This also includes you, as their most important entrepreneurial mentor. Ensuring that you set a great example and model the entrepreneurial behaviours you are looking to pass on will be instrumental in raising entrepreneurial kids.

Many entrepreneurs had an entrepreneur parent. They grew up experiencing a particular way of thinking and acting and they emulated it until starting their own business became the obvious option when choosing their career. With or without an entrepreneur parent, role models are paramount. Seeing someone who is doing amazing things opens up someone’s eyes and mind to what they can do themselves. It helps them see the behaviours and attitudes that create confidence, ownership and success.

Introduce entrepreneurial mentors by exploring the journeys of people they can be inspired by. Become fascinated with parts of their journey. Why did they do that? What did that lead to? What was the effect? How did they demonstrate courage and resourcefulness even through adversity? Many well-known business owners had a role model from an early age, to whom they owe thanks for the essential lessons it taught them.

What if we were as intentional about raising entrepreneurial kids as we were about building our businesses or planning our week? How incredible could someone’s life and career be if they were relentlessly confident and resilient and consistently had a growth mindset? This is not about being prescriptive, or a pushy parent. This is about unlocking someone’s potential, to give them a solid foundation from which they can do anything they put their mind to.

How to raise a child to become an entrepreneur

September 23, 2021Tips for own business

How a child will earn a living depends largely on the attitude towards money and work laid down in childhood.

Iya Zorina

Author of Lifehacker, athlete, CCM

As you know, children become like their parents. If you have a business, your child is more likely to become an entrepreneur when he grows up. But even if no one in your family has their own business, you can form the right attitude towards money and the way they earn money in children, cultivate a creative approach to work and ensure a brilliant future.

What did your parents tell you about finances? Surely, that money is given for the work done. Many come up with a system of encouragement for their children. For example, for taking out the garbage, cleaning the apartment and five in the diary, the child receives some pocket money.

Remembering your rewards as a child, you will realize that you received monstrously little for your work. It is clear that your parents fed, clothed you and spent much more than you can recoup with household chores, but it is in the early years of life that the attitude to money and how to earn it is laid.

Maybe you should reconsider the "pay system" for your child in order to form the right attitude towards work and finances?

Here are some good and bad lessons that clearly show the connection between education and the subsequent attitude to work.

Bad lessons

1. Pay for time and tasks

Employees sell their time to entrepreneurs to complete certain tasks. You come to the office, do what you have to do, for 8-10 hours and get paid for it.

For an employee, the commodity he sells is time. The problem is that you can't make money if you don't have it (due to illness or injury). If companies don't want to buy your time because they don't have enough assignments, you won't get a job no matter what your talents are.

Entrepreneurs sell ideas and products. They are not paid for their time and work, but for the ideas they come up with to solve people's problems and give them jobs. They create companies and systems that make money without the involvement of the entrepreneur.

By paying for a child to do household chores, you give him a model that earnings can only be based on time and tasks, but this is not so.

2. Do the minimum

As a child, everyone wants to get the job done quickly so they can go to play. The child is not proud of what he has done, because he is paid for the time. Parents often scold children for the poor quality of performance, but the kids want to do everything quickly, get rid of it and forget it.

This attitude to work often carries over into adulthood: employees do not try to do a good job, because they are paid for the time, they are not interested in the result. Of course, not everyone does this, but a lot of people do.

Entrepreneurs, on the other hand, try to do their job as best as possible. Their passion for the cause and the quality of their actions are an investment in the future. The amount of their income directly depends on how correctly they do everything.

3. First work, then entertainment

If you get money for completed tasks, life is divided into two halves. One is work, which is perceived as a necessary evil, and the other is entertainment.

When you pay your child to clean up and take out the trash, you create just such an attitude. Everyone knows that for a person to be happy, work must bring joy. Employees, on the other hand, have this feature too often: to wait all week for the weekend as a holiday, and consider Monday the worst day of the week.

Entrepreneurs, at least good ones, do not have such an attitude. Real business people make their passion work and don't work just for the weekend. They live to solve problems and create opportunities.

So, here are three lessons that will help you raise your child as an unhappy person who is not passionate about his work and waits all week for Friday. If you instill in him the spirit of entrepreneurship, this picture can change.

Good lessons

1. Duties not paid

Instead of paying the child to do housework, explain to him that these are just family responsibilities for which he is responsible. Parents also perform the necessary tasks, so everything is fair.

The only joy that a child will get from housework is not monetary reward, but the satisfaction of doing something well. He must understand that responsibility is a necessary part of life.

2. Money for solving problems

To teach your child to think broadly and find ways to earn money, you can explain to him that you will only pay for solving a problem. Let him find outside of his duties that which can somehow be improved.

For example, if your child notices that your car is dirty and offers to wash it, you can arrange to pay for his services. Clear a place on the balcony or in the pantry from old things, do some more upgrade at home - let your child look for problems that can be solved in order to make money on it.

Such an attitude will greatly help him in his adult life, because this is exactly what entrepreneurs do: they find difficulties or inconveniences, on the elimination of which one can earn money.

3. Big business requires a big plan

It is possible that a child, thinking about how to get money for solving a problem, will find a way to earn money on something all the time. This may be regular assistance that is not part of his duties, or even services outside the home.

Your task will be to explain to the child the basic laws of business. All this can be done in the form of an entertaining game.

For example, you can tell your child about investing in a business, that is, explain that you need to purchase materials for your business. In order for him to get customers, he will need advertising, and you can think of a marketing concept together.

If you are in business, it will not be difficult for you to tell your child about all aspects of his small business. This will teach the kid about business planning.

4. Life is work and play at the same time

Children love to build: they are completely absorbed by Lego-type construction sets and prefabricated models.

Using this example, a child can be explained that the implementation of their own projects is like an exciting game in which you can get money if you find interesting ideas.

Of course, each child needs a different approach. The above thoughts are just a direction for developing your own reward system.

Please note that such upbringing does not guarantee that your child will definitely open his own business. But a creative approach to the way of earning and the right attitude to work will definitely help him in adulthood.

How to raise an entrepreneur | Biz360.ru

Useful reading for moms and dads - from co-founder Children's Business School Kinder MBA Knarik Arabyan

“Entrepreneurial thinking can be developed in any child - this is quite specific knowledge and skills,” says Knarik Arabyan, co-founder of the Kinder MBA business school, “And even though not everyone will become entrepreneurs in the end, this type of thinking will allow a person to find his vocation, consciously choose a profession, solve any problems creatively. Knarik Arabyan told Biz360.ru about what skills a potential entrepreneur should train and when to introduce a child to the fascinating world of finance.

Dossier

Knarik Arabyan , co-founder of the business school Kinder MBA . Graduated from the Moscow State University of Economics, Statistics and Informatics. Candidate of Economic Sciences, Associate Professor of the Department of State Regulation of the Economy of the RANEPA, auditor, author of three textbooks and more than 30 articles on audit, accounting and corporate finance. Kinder MBA is a comprehensive program for children aged 5-17, aimed at developing creativity, financial literacy, entrepreneurial thinking and social competencies. The project has three founders: Knarik Arabyan , lecturer at Moscow State University Karina Medvedeva , founder of the Moscow "League of Robots" Pavel Baskir .

1. Entrepreneurial thinking can be developed in any child . This concept implies a set of skills necessary for success in any field - the ability to set goals, organize processes, take responsibility, effectively manage resources, etc. You can develop leadership qualities, creative thinking, willpower, communication skills and emotional intelligence, discipline, responsibility.

2. But not everyone will become an entrepreneur . The conversion here is low. A recent example: of the 20 graduates of the My Startup group - and these are high school students - many said they would like to work in consulting or management, but not to run their own business. Difficult! Not everyone is ready for serious responsibility and risks. Not everyone can assemble and captivate a team. Not everyone is capable of a global vision of the strategy. In this sense, the development of entrepreneurial thinking is also an opportunity to decide: can and do I want to be an entrepreneur?

3. An entrepreneur is an innovator . Who is an entrepreneur? We are close to the concept of Joseph Schumpeter, who believed that an entrepreneur is, first of all, an innovator. A person who is creative in solving problems, able to take risks. There is an opinion that entrepreneurs are born, and that such a person will open up without any help. The second part of this postulate is very controversial. Not every child can prove himself and believe in his own strength.

4. Everything has its time . Creativity, leadership qualities and the ability to communicate can and should be developed already in preschoolers. We teach primary school students to solve problems, find non-standard solutions. At this age, children learn basic knowledge of financial and economic literacy. They can already create the first entrepreneurial and research projects. Secondary school students (grades 5-8) are ready to acquire knowledge in specialized subject areas. At this age career guidance begins. High school students are able to launch their own startup from scratch.

5. The extent to which a child is a "technician" or a humanist says nothing about his entrepreneurial qualities . In this context, I would not talk about contradictions in their pure form. Rather, creativity, a craving for the humanities and technical sciences organically complement each other and form the image of a modern entrepreneur. On the basis of this concept, the Kinder MBA and the Moscow "League of Robots" merged.

6. Willingness to take risks is one of the key factors that distinguishes the conventional entrepreneur from the conventional manager . Risk not only professional reputation, but also your money and time. It's important to try.

7. It is no coincidence that many entrepreneurs come from families of entrepreneurs or top managers . Children from this environment have a personal example before their eyes, they have a different business outlook. But the main thing is that the children of businessmen have more chances to do something, because their parents fully support them, including investments. Almost all of the implemented startups of our students took place thanks to their parents: school lunches in a waffle cone, which can be ordered through a Telegram bot, an automatic plant watering system, a news channel for children in Minecraft, etc. When the child sees the result, he lights up even more.

8. There is no universal age when it is necessary to introduce children to money and introduce “pocket spending” . Willingness to absorb material and manage resources is highly dependent on the child. Our first module, in which children receive basic financial knowledge - "Economy in fairy tales" - is designed for children 7-8 years old. Sberbank issues bank cards for children 7+: parents can give the child access to their card or open an additional one for him. Until recently, it seemed clearly premature - but the world is changing rapidly.

9. There are different ways to comprehend the basics of economics . For example, personal financial planning, when a child learns to systematically plan his expenses and income. Or time management, when you need to prioritize and plan your affairs for an hour, a day, a week. This can be done with the whole family.

10. If you want to instill financial literacy in your child, introduce him to the family economy – explain how and on what you spend or save. This should be done at an adequate early age. By the age of 14, it is already possible to legally engage in entrepreneurship in Russia - subject to a number of conditions.

11. I believe that as soon as a child gets freedom of movement at school, he should be able to plan his personal money . This is a way to warn him against unwise actions at an older age. I teach at a university - and I was amazed that a 4th year student, studying at Finance and Credit, took a phone on credit at huge interest. He says: “I didn’t understand how it happened, I didn’t calculate it.” It would be nice to work out such situations in advance.

12. Books - to help . You can start with the following: "Amazing Adventures in the Country Economy" by Igor Lipsits, "A Dog Called Money" by Bodo Schaefer, "Big Business for Little Children" by Elena Toncu.

13. Everything that is done through the game form is successful . When sending a child to the store for milk, you can set the task of understanding pricing - for example, to calculate which brand is more profitable in terms of a liter. Or how much a ruble saved from a package of milk will bring in a year.

14. The child should receive feedback . Everything that is discussed and leads to conclusions is better deposited in the memory of the child than linear indications. Analytics is a part of financial planning, an important business skill. Play, show options, discuss the results, draw conclusions - this is a must.

15. For those who decide to pay for grades, I would recommend being very careful . The child must understand why he himself needs to study, and this motivation cannot rest on momentary profit. An entrepreneur is always a highly self-motivated person.

16. Money-for-a-favor policies in the family can help build entrepreneurial skills, or they can harm them . If this is payment for services within the framework of business, work projects, this is normal. But if a child performs his household duties for money or helps relatives and friends on a selfish basis, this is a failure in the value matrix.

17. Instilling values is not so difficult if you yourself share them . The child very easily copies behavior patterns.

18. Watch the words! The development of entrepreneurial thinking is hindered most of all by the depreciation of the process of “undertaking”, demotivating phrases and actions. Moreover, they develop phobias and complexes in children, which negatively affects the formation of personality in general.

19. Encouragement and criticism - subtle processes . If a child comes up with a failed idea, you can’t say that nothing will come of this idea - ruin the motivation. But it is not worth encouraging a deliberately erroneous decision. There should be a correct presentation: “It's great that you came up with this, but let's figure out why you came up with this. What is the benefit of the project, what pitfalls can it have? And if the child has substantiated everything, he believes in his idea and wants to implement it, it seems to me that parents should support him. Because, firstly, parents often make mistakes themselves. Secondly, negative experiences are very important. As a rule, this is a test of readiness to be an entrepreneur. I do not know people who would make a successful business the first time.

20. The task of parents is to carefully insure the child so that the experience is instructive, but does not negatively affect the health and emotional state . If a child organically lost the desire to engage in entrepreneurship - this is also not bad.

21. Once again: parental controls are insurance and support . The independence must remain with the child. It is important. An entrepreneur cannot but be independent. In this sense, the reaction of parents from the entrepreneurial environment, who refused to start a chat to be notified about events, is indicative. They said, “Why do we need this? The children came to study – let them be responsible for everything.”

22. There is a big difference between "support" and "push" . The desire to realize their unfulfilled dreams through children often leads to the fact that the child, under the pressure and influence of parents, chooses in the future a field of activity that does not correspond to his interests. This is trouble.

23. Be prepared to work with other people's stereotypes . Alas, our society has an ambiguous attitude towards entrepreneurs. For many, this is a person who has acquired capital in a dishonest way, for whom profit is more important than people. Of course, this is a harmful stereotype, since any activity is always based on values. Values are the foundation and should be laid before the child is confronted with stereotypes. Therefore, we tell children about entrepreneurs-philanthropists who have made a huge contribution to the development of the country. We explain that new technologies and developments allow people to qualitatively change their lives. That business drives progress. That he has social responsibility, etc.

24. The Russian school does not teach applied skills, but fundamental principles . I see many parents now taking their children out of public schools and sending them to private or experimental schools where there is no clear division into classes, no grades, the boundaries between classes are shifted. Children from such schools, as a rule, are more relaxed, creative, they have a “sense of flight”. Yes, the classical education system often equalizes, puts limits, interferes with creativity, the development of entrepreneurial qualities. But I will say in defense of public schools - there are gymnasiums and schools in which an atmosphere has been created in which creativity and purposefulness are encouraged.

25. The most important thing that a school can give to a future entrepreneur is to teach him how to learn . The system of values is laid down in the family.

26. There are many entrepreneurs among former athletes . Do people who have an "entrepreneurial" nature go into sports, or is it formed thanks to sports? It seems to me, and so, and so. I can say this by my own example, since it was precisely “given” me to the sport - without my particular zeal. It was during the period when I was actively involved in sports that I studied better at school. Because I had to carefully plan all my affairs. That's where the teamwork skills come from, because basketball is won by a team. Individual sports form leadership qualities more. Finally, sport is a focus on winning, but also the ability to accept loss on the way to victory. This is an important quality for a crisis manager.

27. Not every cunning is an indicator of enterprise . The fact that the child is cunning and deceiving, many parents calmly perceive as "natural enterprise." This is not always true. A child, especially a small one and spoiled by the love of his parents, can be cunning and manipulative in order to achieve his goals. It `s naturally. But deceit is not enterprise. Real business is not built on deceit.

28. Do not confuse greed and rationality . The same thought can be extended to greed, which some parents encourage as "possessive education." But greed is an immoderate desire for possession. Acquisitiveness - the desire for profit. Both of these qualities are detrimental to a person and have an extremely negative effect on relationships with people. And business is always about people. The values of the owners form the corporate culture, the atmosphere in the team, etc. Another thing is that money loves an account and, of course, financial planning is the basis of rational management. This needs to be taught.

29. To earn money is a normal desire of an entrepreneur . Earn at any cost - no. The child must clearly learn that in business, as in any other area of human relationships, there is morality and ethics. If a person is obsessed with money, this is a problem, like any obsession.

30. No control - no business . This is the foundation. You must be able to plan, use resources economically, optimize and be sure to control! The control system is the key to a successful business. The more the child faces such tasks in everyday life, the stronger the skill.

31. A good exercise in building an algorithm for solving a problem is modeling situations . They can be taken from real life: you slammed into the bathroom without a phone, got lost at the train station, an evil bully wants to take your pocket money. You can panic, or you can come up with an algorithm for solutions. Let's think about how we get out. The child begins to reason, analyze specific steps - what will this lead to. These can be business games, case studies, ingenuity tasks, problem solving skills, etc.

32. One of the best ways to develop entrepreneurial thinking is through project activities . When a child independently develops a project: generates ideas, conducts field research, develops a prototype and has the opportunity to present it to experts or potential investors. The project is not necessarily commercial. For example, we have many social projects - the "City of Masters" for children with disabilities, an application for choosing animals from shelters, and others. For children who are 12-13 years old, this is a very serious experience of independent work.

33. There is a rule - it's better to have an average idea and a great team than vice versa . The skill of teamwork is excellently brought up by project work in which several people are employed. We do not appoint a permanent leader in such cases, the position of the leader is variable. And it often happens that Petya - a born leader whom everyone listens to - becoming a performer, sabotages some kind of work. Vasya, appointed leader, must find a way to negotiate with Petya. A learning experience for both. Then we analyze it all and discuss it.

34. The more teamwork, the better this skill is pumped . These are both school projects and extracurricular activities. The family is also a team where the child should have his own responsibilities. For example, we have a time management training for children and parents - when they plan the next vacation in detail together.

35. Many things in a person can be brought up - for example, what is in a latent state, clamped down for various reasons . You can even reveal leadership qualities - teach you to take responsibility, make decisions. Another question is that if a person is initially more comfortable working as a performer, forced leadership can be destructive for him. This is energy intensive and can affect the results. Many problems in business come from the fact that people in the wrong place are doing things they don’t like.

36. An entrepreneur is almost always a leader . This does not mean that a child with unexpressed leadership qualities has nothing to do in business. I know examples when an adult was sure for a long time that his role was a performer, simply because he did not have to show leadership qualities - until some kind of critical situation. Finally, it also happens that a person who is not a leader by nature becomes an entrepreneur as part of a partnership - when several people do business, and each has his own role.

37. Nothing can be done through breaking and violence . It will be much more effective to invest time and money in developing the strengths of the child. Love and inspiration are the best motivators.

38. For some reason, many are sure that creativity is a gift from God, and it cannot be developed. This is not true! There are a lot of techniques and methods for developing creativity - for example, "design thinking", where the solution, among other things, is achieved through empathy - empathy.

39. To teach a child to set goals, it is not enough to teach him to see the benefits of the result . We teach how to set goals using SMART technology used in project management. This is an English abbreviation, meaning that the goal must be specific, measurable, achievable, relevant and limited in time. Laying out SMART goals is very useful for a child. Abstract, unattainable tasks are immediately swept aside.

40. The most important skill is time management, being able to prioritize - what is important, what is urgent . The overload of the child, which many have turned against, is also a problem of poor planning of work and rest.

41. Highlighting the important is half of the ability to convey an idea. Finding high-quality information, processing it, highlighting the important is a 21st century skill . There is a well-known exercise - "Elevator pitch": imagine that you are riding with an investor in an elevator, you have one minute to tell the essence of your project. You can come up with a different story, leaving the essence. The speech should not have a lot of text - only the most important thing, the speech should be well structured.

42. Gained skills are not lost . But they do not improve if they are not used. This applies, for example, to the skill of public speaking.

43. There are three key mistakes that parents make in raising future entrepreneurs . First, they make a choice for the child, do not allow him to take responsibility. The second - they require an ideal result, they do not allow mistakes to be made. Third - limit the implementation of creative ideas.

44. And here is the minimum of how a parent can contribute to the education of an entrepreneurial character . First, you need to support the initiatives of the child, even when they seem meaningless to adults. How can a child believe in himself if his own parents do not believe in him? Secondly, it is important to explain to the child that sometimes failures happen and there is no need to be afraid of this. You can make mistakes, draw conclusions and move on. Thirdly, you need to teach the child to make decisions and take responsibility. We need to educate the values! Control, support, but not suppress the personality. Fourth, personal example is very important. This applies to education in general. And of course, everything must be done with love.