How to Develop Child Entrepreneurs

Imagine that your little boy or girl could end up being the next Richard Branson, Aliko Dangote or Bill Gates. Well, they can – all you need to do is to lay the right foundation in their early years and up to their teenage years to focus on entrepreneurship, and build a passion and flair for entrepreneurship. To develop child entrepreneurs, you can do the following things:

Teach your Children Creative and Strategic Skills: Spend time with your children encouraging them to observe their environment, challenge the status quo and try to solve problems. These skills are at the heart of entrepreneurial success. Creativity can be learned by engaging in simple problem-solving activities at home – resolving issues with electronic equipment, planning a birthday party or determining how clothes or books should be arranged or shelved. These seemingly simple tasks get children to begin to develop big-picture thinking and a strategic mind-set.

Expose them to entrepreneurial role models: Role models like the gentlemen above may inspire your children. Thank God for the internet – you can download articles and stories that talk about these heroes of entrepreneurship and have your children read them and present or discuss back with you.

                                                                     

As parents you can begin to influence your children early towards entrepreneurship by exposing them to entrepreneurial role models, engaging them in extra-curricular learning programmes that focus on entrepreneurship and teaching them simple skills in creative and strategic thinking right from the house.