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~ Volume 12 : Issue 32 : September 24, 2013 ~
Celebrating 12 Years of Publication!
Helping 552,003 income seekers succeed with their businesses since January 04, 2001
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Hello Fellow Entrepreneur!

Welcome to all new and current subscribers! Thank you for being an integral part of YOUR ezine!

This week we will be all about TEACHING KIDS ABOUT ENTREPRENEURSHIP!

I was sitting at my computer this morning, when my seven year old son asked me to explain to him what online entrepreneur meant. Well... I thought about my answer for a bit, then I just told him that an online entrepreneur was someone who made their money by working (that's the best thing I could think of to say) on the internet. That question is what this issue is all about.

Needless to say... I did not do a very good job of explaining entrepreneurship... he's going to school today to ask his teacher what it REALLY is (his words lol). Maybe I'll have him read the articles in this issue... hopefully he'll get a real understanding of what being an online entrepreneur IS, and how he can be one - even at his age!.

You know... in today's economy... we really NEED to help our children understand the concept of working for yourself. When the economy finally does crash... and it will, mark my words, people are going to need to have the skills to survive, and this will mean doing things for themselves. "The Man" won't be able to help anymore!

So, grab a cup of coffee, relax and read on...

When you have read the issue, we would love a testimonial! That testimonial will be placed on our blog (with a link to you or your website, of course!). Just our way of saying 'Thank You!' for being such a loyal subscriber! :)

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Why It's Important To Teach Kids About Entrepreneurship

By Chris N Dosier

When you were a kid did you ever have a lemonade stand? Did you ever sell candy to the neighbors or at school to make a few bucks? Not all children have been bitten by the entrepreneurial bug when they were younger but I really feel it's important to really teach kids the harsh realities of going into the workforce so they have a good understanding when it comes time to make the important decisions in life.

You see one of the things we have working against ourselves is our education system. With a few exceptions, most of the education we receive from the time we are in kindergarten to the day we graduate from college is...

  • Get a good education
  • Graduate with your degree
  • Get a job at a company with good benefits and you will be set for life!

There are several problems with this.

First... almost the entire educational environment is focused on getting a job.

Now please don't get me wrong. There is nothing wrong with getting a job and working for a great company. Most people end up doing that and some enjoy it and it makes a big difference in their life.

But the harsh reality is that a HUGE percentage of people with jobs are not satisfied because they either don't like where they are working or they are one paycheck from being broke all the time.

The Second problem is that it is very RARE to find anyone that works at a company these days for more than 3 to 5 years. In fact, switching jobs has become the "new norm". And of course there are always lay-offs, budget cuts, etc.

Are we teaching our children about these realities?

Wouldn't it make sense to spend time when they are young and teach them about entrepreneurship. Starting their own home-business... especially one online. Heck... the younger generations practically live online these days. Why not teach them how to make some money.

So knowing that kids these days can really benefit about learning how to start their own business... where do you start?

I think it's important to set expectations right from the start. Starting a home business for the young entrepreneur can be exciting, challenging but over all they need to learn that it does involve work.

The truth is starting an online business can make you a lot more money than most regular jobs, but they do involve work, time and dedication. Something that sometimes kids want to skip. Make sure they understand that a home business is real. The more time they dedicate the better it will be.

The other important thing to consider is giving them options. Letting them know what it's really like working out in the "Rat Race" and working on a home-business. Be realistic. It's easy for kids to want to choose a "Safe" way rather than something that may take a little extra effort. Most adults are like that as well.

The last thing is to always be positive to kids about running your own business. Especially from home. You see most kids still have dreams when they are young. They want to accomplish great things. Somehow as they get older they settle for mediocrity... that is unless they have a good example. So be the kind of person who inspires those youngsters.

With the job outlook looking bleak these days, young kids (and many adults) should really focus on a home business to get them to their goals and dreams. Help them keep those dreams alive by being a positive role model to them always.

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Article Source: http://EzineArticles.com/?expert=Chris_N_Dosier

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“It's hard at times, but it makes a kid strong in ways that most people can't understand. Teaches them that even though people are left behind, new ones will inevitable take their place; that every place has something good - and bad - to offer. It makes a kid grow up fast.”

  -- Nicholas Sparks, The Lucky One

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A touching and uplifting story of two siblings orphaned by a shipwreck. An imaginative little girl and her younger brother, who has Down Syndrome, discover the rewards of entrepreneurship and a positive attitude. Can be read by parents or children for an easy and fun introduction to entrepreneurship and self reliance. The ending is pure serendipity! Includes a page of thoughts to help parents discuss entrepreneurship with their children. AUTHOR QUOTE: "Budding Entrepreneur is a story to help children discover entrepreneurship. Entrepreneurship is about more than just running a business. Entrepreneurship is a mindset that empowers individuals to take control of their own future and helps them realize personal goals and objectives. It's about freedom, lifestyle, self-confidence, family, community, and more. The entrepreneurial mindset is one of the most meaningful gifts we can give to a child."

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How to Raise Entrepreneurial Kids

1. Model effective problem solving. To prepare kids to find business ideas in everyday life, bolster their problem solving skills while they’re young. When problems come up in your child’s life, brainstorm solutions together. Help them identify the problem, think of all the possible solutions, weigh the pros and cons, and choose the best option.

“The more parents can break down what’s needed within that problem solving task, really verbalize it, and talk it out with the child, the better off the child will be,” Vazanna says.

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How To Foster A Culture Of Entrepreneurship In Your Children

By Charles Kiyimba

Fostering a culture of entrepreneurship in your children is an important factor in supporting them to become self-reliant and financially independent as they grow into adults. It's a gradual process that requires you as a parent to be actively and effectively involved in your child's development.

Though formal education is very important and we cannot avoid it, relying on it solely is no longer enough to deal with the changing demands in our life. You need to help your children to understand money and how it works. You need to begin early enough to deal with the obstacles that deter educated people from achieving financial independence. These obstacles include mainly fear, cynicism, laziness, bad habits and arrogance. By fighting against these behaviors early enough, you foster a culture of entrepreneurship in your children.

Fear is a very big obstacle to success. Fear of losing money or losing anything should be fought early enough. Let it be properly understood that there is no rich person that has never lost money and there is no successful person that walked his way to success without any challenges. But there are a lot of poor people, who have never lost money. Whom do you prefer?

Cynicism, a belief one may have that something good will not happen, prohibits many people from venturing into business. Being doubtful about success is a major hindrance to financial freedom. Guide your children to be optimistic about what they set their heart to do. Opportunities are so sly that cynics tend to wake up when it's too late. That's one reason why they remain poor.

Fostering a spirit of laziness in your children is a very bad tendency among some educated and well-to-do people. They tend to provide everything that their children request, thinking that their children will be happy. But they forget that by so doing, they ignorantly kill the children's ability to solve problems, to make good choices and to be creative.

Arrogance kills the spirit of seeking information. Many people tend to ignore the things they don't know and ignorantly consider them to be avenues for losing money. If you find yourself ignorant in a subject, the best way to become knowledgeable is to find an expert in it to coach you or to look for a book and read it. Help your children to seek information on what they don't know.

Our habits are reflected in our lives more than education. For instance, he who was loved is more likely to love other people he interfaces with. But the one who was never loved in his childhood will find it difficult to love others even if he is highly educated. Love is learnt through association with lovely people. Practicing value adding habits is one of the basics of fostering a culture of entrepreneurship in your children.

How can you then foster a culture of entrepreneurship in your children?

1. Train your children to communicate assertively for them to acquire good communication skills that will eventually help them to become successful entrepreneurs. The way people communicate is normally a reflection of their behaviors and beliefs. Most successful people are always assertive while unsuccessful people are either aggressive or non-assertive.

Aggressive communicators' behavior is based on the thinking that they have to win at all cost while the people they interface with have to lose. They think that they have more rights than others. On the other hand, people who are nonassertive think that other people are winners and they are losers. Their submissive nature makes them to develop the feeling that other people have more rights than them. But assertive communicators believe that they have the same rights as others and they are the best communicators your children should emulate.

The best way to foster the culture of entrepreneurship in your children is by resorting to communicating to them assertively. They will learn from you and end up being assertive communicators. Let them learn to assertively say "No" to others, to receive and to respond to criticism, and to respond to aggressive or nonassertive people. This will eventually help them to live independent life and to venture into any kind of life, which is one of the characteristics of successful entrepreneurs. The onus now is on you to communicate assertively to your children so that they can learn from you.

2. Raise entrepreneurship awareness to foster a culture of entrepreneurship in your children. You can purposefully expose them to various situations where they will informally learn about entrepreneurship. For instance, take them to events on entrepreneurship like trade fairs. Organize outings to places where they learn something on entrepreneurship. Engage them in some good talks geared towards discovering something new. Use entertainment like showing them videos on entrepreneurship. Look for other ways of raising awareness.

3. Instill in your children a spirit of hard work, irrespective of whether you are rich or not. Let them learn that it takes someone to work hard to earn money. Instead of just giving them whatever they request you, let them work to achieve what they want. For example, set clear goals for them and reward them with what they crave for upon achieving the goals. When you do that you will be training them to become achievers and hard working people, which is one way of fostering the culture of entrepreneurship in them.

4. Another practical way of fostering a culture of entrepreneurship in your children is by starting a home business. You will not only become their role model but you will also enable them to acquire many entrepreneurial skills that will eventually help them to start their own businesses.

5. Train them to acquire new skills. It's important to interest your children to learn various skills. This does not only unlock their mind but it also helps them to engage themselves in meaningful activities.

6. Another way of fostering the culture of entrepreneurship in your children is by associating them with successful entrepreneurs. Be friends with people, who have worked through to riches or to financial freedom so that they can act as role models to your children.

7. Guide them to take meaningful decisions that can impact positively on their lives in future. For instance, guide them to differentiate "needs" from "wants". While needs are essential items you cannot live without such as food, wants are things you can live without. Guiding your children to make right decisions basing on what is essential to their life as opposed to luxuries is important in fostering a culture of entrepreneurship in your children.

8. Take them to schools where programmes on entrepreneurship are organized. Such programmes may range from activities like music, dance and drama to programmes like essay writing competitions, funding winning business proposals, debates and entrepreneurship award schemes. These help to sharpen your children to acquire behaviors of successful entrepreneurs such as being innovators, problem solvers, hard working people, information seekers, committed persons, persistent and many others.

9. Inculcate in your children a culture of reading to get knowledge and apply it. Let them know that knowledge is useless unless it's applied. Applied knowledge is what makes a difference in people's lives.

In conclusion, I would like to reemphasize the need to help your children to develop behaviors of successful entrepreneurs. Formal education alone is no longer enough to lead people to financial freedom. A doctor who has entrepreneurial skills is more likely to begin a business in his field of expertise and succeed than the one without any entrepreneurial behaviors. The onus is now on you to put in practice the above practices as a way of fostering a culture of entrepreneurships in your children.

About The Author:

Charles Kiyimba owns http://www.CashWithGoleza.com and http://www.golezadesigners.com where popular home business ideas and opportunities are tested rigorously to find out what works and what doesn't. Visit today to discover the secrets behind building a successful home business.

Article Source: http://EzineArticles.com/?expert=Charles_Kiyimba

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You've heard the saying, ""It's never too late." We say, "It's never too early!" Even children can be introduced to basic business principles and the rewards of entrepreneurship. Our goal with Kidpreneurs is to outline some basic tools and strategies kids can use to gain some valuable experience in starting, managing, and growing a successful business venture. Through easy-to-understand basic principles and a creative approach, we outline some key techniques that will have a powerful and positive impact on your child's ability to understand entrepreneurship. Using kid-friendly design and illustration, we break down some of the major points of entrepreneurship, so your child can have fun as he or she learns. Also, your child will enhance his or her decision-making skills by trying out simple businesses as he or she grows up.

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