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How To Teach Your Children To Be Entrepreneurial

How To TEACH YOUR CHILDREN TO BE EnTrePreneUriaL Teach Your Children To Think Big While They re Still Little Learning doesn't just take place in the classroom, and it's up to you as a parent to teach your children the life skills to set them up for success. Helping your kids understand how to reach their goals now will not only be helpful for them in childhood, but will set them up well for adulthood. They will grow up equipped to handle the world of business once they are old enough to dip their toes in! Here are 8 entrepreneurial skills you should teach your children, and how you can go about doing so. 1. THE VALUE OF MONEY Financial literacy is often overlooked in schools. Many of us leave school with no idea how to manage our own finances, so teaching this early on can put your children at a definite advantage. How? Giving pocket money for chores is always a good place to start. Perhaps take them to the bank to deposit it. Taking them to sell old unwanted items at a car boot sale is another good idea. 2. THE LESSONS LEARNED FROM FAILURE Schools and exams sometimes instill children with a fear that failure is the end of the world. In reality, failure can be a chance to learn. How? Don't punish your children if they fail. This may encourage them to stop trying. Instead, discuss with them would could be done in the future to prevent it, and what the alternatives may be. 3. PROBLEM SOLVING If you own your own business, you will need to solve problems on a daily basis. From issues with customers, suppliers, budgeting or employees there will always be something to think about. How? Encourage your children to tell you about problems they may be having, but then don't rush to solve the problem for them. Instead, brainstorm together to come up with several possible solutions. 4. OPTIMISM The belief that we have the skills to create a better world or improve our situation is a very entrepreneurial trait. Optimism and hope can also go a long way to helping us succeed. How? Parents who are optimistic will usually raise optimistic children. Lead by example, and share positive stories with your kids. 5. SELF CONFIDENCE Fear or rejection can hold us all back from attempting to reach our goals, but believing in your abilities is a cornerstone for success. How? Encourage them to follow through with their ideas, and let them learn from experiences and make their own mistakes. 6. EMPATHY Having a sense of entitlement can hold us back in life, whereas being able to be empathetic is a valuable skill for success in many areas. Being able to relate to others is invaluable as a leadership skill. How? Respect your children's opinions, and let them know you value them. Encourage your child to open up about their emotions, and teach them that the feelings of others matter. 7. CREATIVITY Creativity is hugely important for any entrepreneur, not only to create their own business, but to think creatively to stay ahead of the competition, or problem solve. How? Let your children use their imaginations, by allowing them to play without imposing structure, or by asking them to make up a story to tell you. 8. NETWORKING Networking is one of the most valuable things you can do in business. Having many different people you can ask for help or advice, or even hire to help you is very important. How? Encourage your children to be sociable and join in conversations, not only with children their own age, but also with adults. Get them used to conversing with a wide range of people and making connections. noticeboards online Sources:

How To Teach Your Children To Be Entrepreneurial

shared by Eavesy on Dec 13
Here is a well put together infographic from the people at Noticeboards Online that provides information to help make your kid into an entrepreneur.


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