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How to Raise Entrepreneurial Kids

This blog post has been reposted, with permission, from Bril’s blog (http://brilindia.com/blog/).

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Tomorrow’s world will be run by today’s children. As a parent bringing up your children while nurturing entrepreneurial skills in them is a great idea that you should encourage other parents to embrace. Some of the skills that you need to introduce your child to while she is still young include skills such as positive attitude towards cases of failure, effective problem solving and being great risk takers.


As a parent you should start to teach your child necessary skills for entrepreneurship. This is advisable because while the child is young, learning new skills is very easy. If possible you should lead by example where you will be introducing the child to different entrepreneurial skills. A child who is talented in the field will end up learning some skills automatically. After you notice, you need to motivate the child through advising the child appropriately .The following are 5 tips that you can apply for you to raise your children while nurturing entrepreneurial skills in them:

1.Encourage problem solving skills in children while they are young

This is very necessary for an entrepreneur. Equip your children with the necessary skills to identify identify a problem, after which they will try to solve the problem. Over the process of solving the problem they will develop the skills necessary to allow them to recognise and handle an effective business opportunity.

2. Help your children to learn from failures

As an entrepreneur failing can and does happen sometimes. This requires one to be able to overcome the failure without being discouraged. As a parent you need to train your children to accept that in a business world there are times when one will encounter failure. After failure has occurred children should know that it is not the end of their struggle to succeed but to learn from failure and forge forward for them to succeed as entrepreneurs.

Also Read: Teach Kids to Learn from Failure

3. Give room for your children to make decisions while young

Decision making is one of the qualities of a good entrepreneur .You can easily foster this skill in children by allowing them to make simple decisions early in their life. You can achieve this through simple tricks such as letting your children decide on the food that they will like to have during meals in case you have prepared a variety. Another case where the children can easily develop the skill of making their own decision is deciding on which clothes to wear.


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ParentEdge is a bi-monthly magazine for discerning Indian parents who would like to actively contribute to their children’s education, intellectual enrichment and stimulation. The magazine’s premise is that learning is a continuous process, and needs to happen both in and outside of school; thus parents have an important role to play in shaping their children’s interests and intellect.

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