How do I raise an Entrepreneur?

Why do you want them to be an entrepreneur so bad? Just don't even think about it and let them grow up to do what they choose to enjoy.. it's ultimately their decision and their passions will draw them where they should go. Being a successful entrepreneur is not everyone's ideal end goal.
 


I know when I was a kid I was involved with the whole pokemon card, pogs, and then that developed into Diablo II sales (for real money). Hustlin' since a youngin' with fake shit, grew up to hustle D2 item's on ebay, then moved on to slangin' clicks on Google.

Haha I sold pokemon cards on the bus. I sold 5 cards for $300 to this one older kid. I think he was like in 5th grade and I was in 3rd. Kinda weird for a 3rd grader to have $300 though.
 
Why do you want them to be an entrepreneur so bad? Just don't even think about it and let them grow up to do what they choose to enjoy.. it's ultimately their decision and their passions will draw them where they should go. Being a successful entrepreneur is not everyone's ideal end goal.

Being an entrepreneur is almost always a better situation than working for someone else. More money, less work, more freedom. Sorry but 99% of employees are not doing something they love while working for "the man."

It may not be everyone's goal to rise above working for someone else, but most people don't set their sights very high. I think the point of this thread is to talk about how to raise a child such that they will set high goals.
 
check out "Rich Dad, Poor Dad" and ""Rich Dad's Rich Kid Smart Kid" by Robert Kiyosaki
 
This was an interesting thread until I realised that:

1) turbo never came back to it.
2) It is a year and a half old. Way to bump an ancient thread numbnuts.
 
Didn't read all the responses, but this is something I think about often as well. Honestly I think the best thing I had in my life as a young kid was playing sports. Taught me to be competitive as hell and learn how to deal with life issues using sports.

I also think its very important as a child you are taught independence. Being an entrepeneur, you feel out on an island many times, and you have to figure out how to make it work. My 2 sisters are 6 years older and 5 years younger, so it was just enough of a gap for all of us to be in different stages in our lives at all times. I had to figure alot of things out for myself, and I think that is paying its dividends now because you are faced with these challenges everyday as an entrepreneur.
 
Turbo, I think your own very good example will go a long ways. It sounds trite - but it is probably more about what you do - than what you say.

My dad was pretty independent, ran a small business, and said he disliked working for others. As a teen, of course, I disliked working for him.

I got away as quickly as possible. I did have to go the route of college, working for anybody else, sitting in a cubicle working for somebody else, etc - not being him - and jumping around to find a job I liked - to realize that I was like him all.
 
When I was little I used to sell my junk in a fleamarket, with my best friend. It was great and those were my first steps which taught me marketing.

Hmmm this is actually a good idea.

I was about to do a little project with my son to show him what happens when you put marbles in the oven and then throw them in the ice water (they crack internally) and they actually come out quite beautifully, it's a shame not to do anything with them. Maybe well glue some bell caps on them and sell them at the local fleamarket as pendants.

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Make your kids listen to rap music. Not even kidding.

[ame=http://www.youtube.com/watch?v=GO22Z0T3qPE&ob=av2n]50 Cent - I Get Money - YouTube[/ame]
 
Teach your kids anything they see on TV is probably a lie, see if they can see the manipulation in everything.

Then fuck them up so they hate authority, they will either be self employed or a unibomber.
 
I plan on two approaches:

1. Be a good model for your kids. Let them see everything you do, and explain why you do it to them. Then they can make up their own minds which bits they want to follow.

2. Take little bits of entrepreneurship and break them down into games. For example set little challenges, like how to turn $10 into $15. Tell em if they can do it, you'll give them an extra $5 bonus (or whatever amount there is).

My dad was always setting "lateral thinking" puzzles for me when I was a kid. I'm really glad he did now, because I'm very a very creative problem solver as a result. My parents also spent hours sitting down with me doing electronics projects, programming a computer and making things, all of which I still love.
 
Instilling a strong work ethic by example (Busting your ass, always working/traveling) will do wonders for the kids in the sense that they know working hard rewards and their family works hard. Next, don't spoil the kids and hand them anything and everything they want.

Since I saw hard work paid off and I wanted things, I knew I needed to find some sort of workto make this work. Well, I had to be at least 16 to get ajob so I began finding a market on games I played and began selling currency for $$$. Later I found out my whole highschool wanted to buy drugs so I decided to fill that niche. (That's neither here nor there)

Basically, "force" them to figure out how to get some money for something they want, and I strongly believe they will have the hunger to figure out the entrepreneurial spirit on their own.

Cliff Notes:

1. Show hard work pays off by setting an example (Busting your ass at work/traveling/getting promotions/owning own business AND doing well in corporate, whatever it takes)

2. Hope that #1 will help create a good work ethic in your child because that's the uiltimate goal.

3. Do not spoil them and don't be afraid to say "Nope, but if you have your own money you can buy that." Hint at "getting a job" or "Start up your own lawn mowing/sweeping/cleaning/snow shoveling/etc biz"

4. Hope that through example and not spoiling your child, they begin to see that hard work pays off and they have the hunger to bust their ass.
 
Simples'

move to a upscale neighborhood, put them into private schools, teach them from a young age that saving and investing money is the only way to become rich, and make them believe in themselves; that they can achieve anything they want with hard work and dedication.