Lemonade stand? No, no, acai berry stands. .10 per drink, $40/month rebill. Can your kids handle a credit card imprinter?
How do I raise an Entrepreneur?
- Thread starter turbolapp
- Start date
I wish my parents would have been that supportive when I was younger. My dad took the computer keyboard to work with him every day at one point and cut the wire behind the phone jack closest to the computer because I was "wasting my time" on the computer and internet.
I bought my own keyboard and a 50 foot phone cord to reach another phone jack in the house when he wasn't home. I kept them hidden in a space under my bottom dresser drawer.
Get them to sell their old clothes & toys on ebay ... that will get them used to a lot of stuff like the computer, digital camera, the post office & basic supply/demand. Obviously at a young age, you're there to do most of the serious stuff & provide guidance.
After they have nothing left to sell, and have sold all of your old shit, it's time to start searching for products to buy & resell. At this point, you have an entrepreneur on your hands.
I think my daughter is quite a bit older than your kids so ebay might be the solution when they turn ~8 or so but it's a well rounded lesson on economics and many other things.
BTW, I let her go the route of the lemonade stand, she lost her ass off and never looked back. My point: let them fall while you're there to pick them back up.
After they have nothing left to sell, and have sold all of your old shit, it's time to start searching for products to buy & resell. At this point, you have an entrepreneur on your hands.
I think my daughter is quite a bit older than your kids so ebay might be the solution when they turn ~8 or so but it's a well rounded lesson on economics and many other things.
BTW, I let her go the route of the lemonade stand, she lost her ass off and never looked back. My point: let them fall while you're there to pick them back up.
I'd teach them the difference between being employed, self-employed, and getting paid whether or not you work (currently forget what that's called). And explain to them that you can trade different things for money besides time, which is what 90% of people do.
Once you figure out that you can trade something else for money besides time, a whole new world of possibilities open up.
Once you figure out that you can trade something else for money besides time, a whole new world of possibilities open up.
Hello friend,
Some say entrepreneur is not taught but born. However if teach child right they can still be more good.
It like the more pratice cricket the more good get. However people have potential different. Some born for good enough play professional with practice. Other can practice hours everyday for many years and still no be good enough play professional.
If want someone be better entrepreneur I think it good for read books. Should read books on marketing like Michael Porter books on five force model. Should also read books write by famous entrepreneur.
Good luck bro
Some say entrepreneur is not taught but born. However if teach child right they can still be more good.
It like the more pratice cricket the more good get. However people have potential different. Some born for good enough play professional with practice. Other can practice hours everyday for many years and still no be good enough play professional.
If want someone be better entrepreneur I think it good for read books. Should read books on marketing like Michael Porter books on five force model. Should also read books write by famous entrepreneur.
Good luck bro
Or how about Lemonparty stand? Charge people $40/month to look at gay porno unwillingly.
A++ advice here. Learning how to fail with dignity and come back again is big. Everyone fails, the ones who learn from it and aren't afraid to fail are the ones who have the courage to win.
I love cricket Sumit!
Hi Turbo, since you put up with so much crap on this forum and have been doing great with your business, I have taken some time to mull this over.
The best answer that "I" could come up with that I feel will empower you to be able to cater to the individual personalities of your children and tailor a plan of action for each, was to have you get and read something.
It 's called "The Seven Laws of Money" by Michael Philips.
In this book you will see what money is and isn't, as well as how one should THINK concerning money.
I think that after reading this book you will get some new ideas about money & how it works, you will most certainly be able to convey this to your children in such a way as to have them understand. They will then have a solid base to build their Empire from.
I know this sounds a little too simple and open ended, but after you read this book you will understand why I suggested this.
There are many variables and vehicles to the accumulation wealth, but how we THINK about money and it's use is the most powerful denominator in the equation.
I wish you all the best and commend you for not only being a GREAT mother by wanting to raise your children to be self sufficient, but also for reaching out to find help with this very important task that most parents and educational systems seem to just ignore.
The best answer that "I" could come up with that I feel will empower you to be able to cater to the individual personalities of your children and tailor a plan of action for each, was to have you get and read something.
It 's called "The Seven Laws of Money" by Michael Philips.
In this book you will see what money is and isn't, as well as how one should THINK concerning money.
I think that after reading this book you will get some new ideas about money & how it works, you will most certainly be able to convey this to your children in such a way as to have them understand. They will then have a solid base to build their Empire from.
I know this sounds a little too simple and open ended, but after you read this book you will understand why I suggested this.
There are many variables and vehicles to the accumulation wealth, but how we THINK about money and it's use is the most powerful denominator in the equation.
I wish you all the best and commend you for not only being a GREAT mother by wanting to raise your children to be self sufficient, but also for reaching out to find help with this very important task that most parents and educational systems seem to just ignore.
I told my kids that they were going to have to get a job to buy a car at someplace like mcdonalds or find another way to earn money....... they realized that I have it pretty good sitting on my ass all day. They are a lot more interested in what I do - and my boy is already making money. Post in the "experimental" section at blackhatdigest talks about his experience so far.
Not sure if an adult could do what he's doing - but he's having fun
Not sure if an adult could do what he's doing - but he's having fun
Hello friend:
You must teach him to make milk of cow before teach drink of cow milk.
As they say, one who make milk, never make die of thirst.
Unlike Sumit the cowardly, I make son hard labor do since birth.
Good luck bros
You must teach him to make milk of cow before teach drink of cow milk.
As they say, one who make milk, never make die of thirst.
Unlike Sumit the cowardly, I make son hard labor do since birth.
Good luck bros
i believe there was a book written on this very subject I think the exact term they used for entrepreneurial kids was the "Dangerous D's"
It's a real stuck point for parenting.
On one hand you want your kids to have everything they need. On the other entrepreneurship comes from desperation and a lack of options.
In the same right you want your kids to do good in school, but the only way to do good in school is to conform to the system and learn to accept things as they're told and instructed to you rather then thinking it through yourself and questioning it which would result in you not knowing the material in time for the test and the homework never gets done. Which stems the dangerous D theory. F students are the slackers or the stupid students. A students are the quick to conform which gets them the grades and accelerates them to the path of going to college, getting a job, and functioning in a cubicle till they retire without ever taking risks or questioning anything. The D students however are too creative to conform and too smart to fail. There's some crazy statistic I remember reading about how a HUGE percentage of current self made millionaires were nearly all D students in school.
Lastly theres the workforce. Entrepreneurs need to be hard workers and get good work ethics early. Yet there goes all the extra curricular activities and homework suffers and always sleeping class haha.
I think its those contrasts that causes the spirit we wish our kids would have to always skip generations. One generation works their asses off and has it extremely hard but manages to pull through and make something of themeselves. Then the last thing they want is to put their kids through the same hell so that generation becomes lazy ass mooches to piss it all away so their kids have it rough just like their grandparents.
It's a real stuck point for parenting.
On one hand you want your kids to have everything they need. On the other entrepreneurship comes from desperation and a lack of options.
In the same right you want your kids to do good in school, but the only way to do good in school is to conform to the system and learn to accept things as they're told and instructed to you rather then thinking it through yourself and questioning it which would result in you not knowing the material in time for the test and the homework never gets done. Which stems the dangerous D theory. F students are the slackers or the stupid students. A students are the quick to conform which gets them the grades and accelerates them to the path of going to college, getting a job, and functioning in a cubicle till they retire without ever taking risks or questioning anything. The D students however are too creative to conform and too smart to fail. There's some crazy statistic I remember reading about how a HUGE percentage of current self made millionaires were nearly all D students in school.
Lastly theres the workforce. Entrepreneurs need to be hard workers and get good work ethics early. Yet there goes all the extra curricular activities and homework suffers and always sleeping class haha.
I think its those contrasts that causes the spirit we wish our kids would have to always skip generations. One generation works their asses off and has it extremely hard but manages to pull through and make something of themeselves. Then the last thing they want is to put their kids through the same hell so that generation becomes lazy ass mooches to piss it all away so their kids have it rough just like their grandparents.
A healthy conception of capitalism is probably a good idea too. That it is good to make money, and that people give you money when you do a good job, and make them happy. And entrepreneurs want to find ways to make more people happy, to meet needs that other people are not meeting.
Most of their friends will want to sit around and play video games and stuff, so that will probably be a real challenge. Finding other intelligent motivated kids for your kids to hang out with.
Most of their friends will want to sit around and play video games and stuff, so that will probably be a real challenge. Finding other intelligent motivated kids for your kids to hang out with.
Interesting. I was an elementary school teacher in Canada for a while. I couldn't stand it because I knew I was teaching them to be good employees and good consumers, not much more.
I think more than teaching your kids a love of business itself, the most important thing is to prevent them from being one of the sheeple. I mean, don't let them undergo the same kind of blind social conditioning that most people go through (to make them passive consumers). If you don't believe the hype, I don't see how you could work a 9-5.
I'm not sure exactly how to break that. But I would guess really limiting the amount of tv they watch in their early years is important. Some parents only let their kids watch the Disney show. Disney is the worst thing you can let your kid watch if you're worried about social conditioning.
Read with them of course, quality literature. You can choose literature that reflects values you want them to learn, and when talking about it you can play up certain values and amplify them. "This cat is smarter than other cats because he doesn't wait for his owners to feed him. He knows he can catch 100 mice a day if he puts in the effort". etc. Kind of a lame example but I'm brainstorming. That value might not even be part of the book, but you can assert that value onto the book and your kid will believe you. If the US school system is like Canada's, then teachers are prescribed specific values they're supposed to teach kids through literature. Those are pretty much what you would expect. But there are teachers who assert their own values onto the literature to indoctrinate students, teachers with a leftwing agenda or a religious agenda or whatever it is. You might need to override some contradictory values they've learned at school.
I would also say travel with your kids. This expands their horizons and teaches lessons about problem solving, flexibility and constant action that can't be taught at home. Going to Mexico is probably a good idea, or other countries. They can see what a less zombified culture looks like. This alone will set them apart from most Americans, and they'll probably grow up understanding that most people around them go through life in a daze, unaware of what hasn't been taught to them. A lot of other countries too have the whole street vendor culture, so they can see business owners out there hustling. Maybe you can see that in big city America, so some trips to the city would probably be good. Otherwise they think that business owners are some God-like individuals living in another dimension, somebody they can't become. Seeing a real individual hustling brings it into their world and shows them anyone can do it.
As far as directly teaching them about your business, you should instill a curiosity in your kids about the work you're doing. When you're busy working and they come look at the screen, don't tell them to leave you alone because you're busy, tell them what you're doing and show them what you've created. Give them some little tasks to help out with, have them enter some numbers for you or cut and paste something so they can feel like a part of what you do. Kids love taking on that kind of responsibility even if it's something token.
Those are some of my ideas. If any of it doesn't gel with your worldview that's cool. But I hope that helps in some way, or gives you some ideas.
I think more than teaching your kids a love of business itself, the most important thing is to prevent them from being one of the sheeple. I mean, don't let them undergo the same kind of blind social conditioning that most people go through (to make them passive consumers). If you don't believe the hype, I don't see how you could work a 9-5.
I'm not sure exactly how to break that. But I would guess really limiting the amount of tv they watch in their early years is important. Some parents only let their kids watch the Disney show. Disney is the worst thing you can let your kid watch if you're worried about social conditioning.
Read with them of course, quality literature. You can choose literature that reflects values you want them to learn, and when talking about it you can play up certain values and amplify them. "This cat is smarter than other cats because he doesn't wait for his owners to feed him. He knows he can catch 100 mice a day if he puts in the effort". etc. Kind of a lame example but I'm brainstorming. That value might not even be part of the book, but you can assert that value onto the book and your kid will believe you. If the US school system is like Canada's, then teachers are prescribed specific values they're supposed to teach kids through literature. Those are pretty much what you would expect. But there are teachers who assert their own values onto the literature to indoctrinate students, teachers with a leftwing agenda or a religious agenda or whatever it is. You might need to override some contradictory values they've learned at school.
I would also say travel with your kids. This expands their horizons and teaches lessons about problem solving, flexibility and constant action that can't be taught at home. Going to Mexico is probably a good idea, or other countries. They can see what a less zombified culture looks like. This alone will set them apart from most Americans, and they'll probably grow up understanding that most people around them go through life in a daze, unaware of what hasn't been taught to them. A lot of other countries too have the whole street vendor culture, so they can see business owners out there hustling. Maybe you can see that in big city America, so some trips to the city would probably be good. Otherwise they think that business owners are some God-like individuals living in another dimension, somebody they can't become. Seeing a real individual hustling brings it into their world and shows them anyone can do it.
As far as directly teaching them about your business, you should instill a curiosity in your kids about the work you're doing. When you're busy working and they come look at the screen, don't tell them to leave you alone because you're busy, tell them what you're doing and show them what you've created. Give them some little tasks to help out with, have them enter some numbers for you or cut and paste something so they can feel like a part of what you do. Kids love taking on that kind of responsibility even if it's something token.
Those are some of my ideas. If any of it doesn't gel with your worldview that's cool. But I hope that helps in some way, or gives you some ideas.
It's really that simple.
I get my drive and perspective from my mom who is an entrepreneur.
I ignore my dad because he is a lazy fat mooch who has done nothing his whole life but blame others for his inability to become anything useful...
Kids emulate the parent(s) that they feel the best connection with.
If my dad wasn't such an asshole to me I may have turned out somewhat like him, and I am so glad I didn't!
Just my :2twocents: