The Enterpreneur

It should come as no surprise that young children develop a better work ethic when they’re surrounded by entrepreneurship. This happens in two ways. First, they experience business operations first hand. Whether they’re filing papers and stuffing envelopes or cutting grass and pressure-washing driveways, you quickly understand the value of hard work if you’re thrown into the middle of it. 

One of the biggest benefits of teaching your children about entrepreneurship is that you’re able to give them a stronger respect for money. Some children might believe you if you told them money grows on trees, but kids who are exposed to business operations know better. 

Starting and expanding a business isn’t easy.

Problems inevitably arise, and it’s up to you to fix them, and keep the firm moving in the right direction. Instead of hiding challenges and even setbacks from your kids, you should expose them directly to what’s happening. Not only will their unique input help, but you’ll show them what it looks like to think creatively. 

Certain kids are outgoing and gregarious, but most young children tend to fall toward the shy end of the spectrum when faced with interacting with adults or people with whom they aren’t familiar. As a result, they’re better able to draw connections between their current behaviors and future goals. So if you spend extra time with your children in an entrepreneurial setting, where goals are clear and courses of action are constantly being developed and pursued in order to reach those goals, you can accelerate the rate of academic socialization and give your child a head start.