Entrepreneurship needs to begin at a young age to give children a presence of mind for money skills. Simple entrepreneurship skills build discipline along with structure and planning that lays a foundation for the future. Plus, it’s never too early or too late to start.
Teachers, parents and other adults tell children many things every day. They are told what to wear, when to eat, what to say, etc. They must constantly listen to instructions from adults. Therefore, they don’t learn to be their own boss. Children love to have the chance to give orders. And, love being independent. But, like learning everything else, the skills must be shaped by parental or teacher guidance. Children need help with development of the necessary skills.
Entrepreneurship Skills
The skill of problem solving for a child in an entrepreneurship is the biggest hurtle. They must combat several things. In addition to learning problem solving skills, they learn to be a leader. So, what is it that a child wants to do?
• First, a problem must be identified.
• Next, brainstorm ideas for solutions.
• Then, identify the pros and cons of each possible solution.
• Last, decide on which action to take.
In beginning with a paper route or a lemonade stand, work with a child as a partner, not as an authority figure. As they present a question, return the answer with a question for their own thinking instead of providing adult thoughts and answers. As children meet with failures, encourage brainstorming for additional ideas. Research shows that parental involvement guides a child’s success. However, new research indicates parents play an enormous influence in determining a child’s work ethic and habits. Simply put, the manner in which you talk to children about your job and what they want to accomplish directly shapes a child’s idea about future work.
Surely the world needs more innovation and more entrepreneurs. The three basic skills of creativity, durability and self-confidence are good life skills that will stay with a child forever.
