Raising Entrepreneurs: What to Do When Your Kid is Born to Think Differently

Adolescence brings with it many challenges ? for both parents and kids. Young people, still new to the world, are embarking on a journey to discover their passions, joys, and authentic self-images. More often than not, however, their journey more closely resembles an elongated stampede of enraged elephants than it does an innocent soul-searching endeavor. But no one said growing up would be easy.

And there are young entrepreneurs out there who see the world in a truly positive light. Sure, they have their ups and downs like most teenagers, but they are motivated, focused, and want to make a difference.

Who are these kids? How were they raised? What do they have in common with one another? At the risk of making some sweeping generalizations, I will paint the picture of the young, confident entrepreneur ? with the knowledge that this over-idealized portrait often comes in many colors and hues.

While entrepreneurship was never common in my family, many young entrepreneurs had experiences early on in life that lead them towards an entrepreneurial path. In general, there are two possible ways young people feel compelled towards entrepreneurship: inspiration and avoidance. Both can act as powerful catalysts for taking action.

In the case of inspired action, the young entrepreneur most likely grew up in an environment where individuality, responsibility, and financial literacy were encouraged. Even if the parent made little money to support his or her child, the underlying message often centered around taking initiative and following one's own path.

On the other hand, in the instances where avoidance is the primary motivator, the child usually wants to avoid becoming like their primary caregiver, who was most likely a negative influence. Friends of mind who have exhibited this type of motivation often have a very strong drive to succeed, yet, in part, base their motivation on what they don't want to become ? and must overcome even greater adversity in life.

In order to facilitate the spirit of entrepreneurship in your family, there are many steps you can take. While these steps are particularly geared towards entrepreneurship, they apply toward creating any harmonious relationship between parent and child:

-Teach your child in creative, 'outside-the-box' ways. In a recent article with 19 year-old CEO Cameron Johnson, he told a story about how his parents gave him stocks ? literally, shares in a company ? in his stockings for Christmas. There are many ways you can teach your child about financial literacy, entrepreneurship, and individuality.

-Make self-awareness and wealth consciousness the highest priorities. This entails a significant amount of soul-searching. And while many adults are adverse to the concept of change, often letting go of fear and facing your demons can be the most inspirational model for your child. I have a friend who, after years of living in a fear-based reality, she learned to let go and allow herself to forgive and love others. She has never enjoyed better relationships with her children.

-If your kid acts up, stand in your truth. Don't beat around the bush or overreact. Of course, you want to be sensitive to your child's feelings and come from a place of authentic compassion. But when it comes down to it, tell it like it is ? they'll appreciate it in the end.

-Give your child ample opportunity to discover independence for him or herself. It's critically important that your child learns the process of creating one's own experience of reality from a first-hand perspective. Sometimes this requires being more firm or lenient than one would like. Yet remember that you grew through making mistakes, and so will your child.

If you see your child exhibiting entrepreneurial behaviors, make sure you show your support throughout his or her growth process. And if your kid is struggling to find motivation, don't worry ? as long as you follow the guidelines above, you will instill the characteristics of greatness and, in due time, inspire the leader within.

Sam Rosen is a full-time college student at the University of Pennsylvania, entrepreneur, and author of the Succeed Young Total Success System, available at sam@succeedyoung.com.

In The News:



Better Links Directory


Answering Why You, Why Now Critical in a Winning Business Plan

Business plans continue to be an essential element of the... Read More

Be An Entrepreneurial Artist: Paint A Picture, then Commit It to Canvas

James had an original concept and he needed an investor.... Read More

The Term Sheet?s Role in Raising Venture Capital

Entrepreneurs and companies who are seeking venture capital often negotiate... Read More

Key to Starting Your Own Clothing Company

Starting your own private label clothing company is not as... Read More

7 Lean Marketing Laws For The Inspired Entrepreneur

The following laws will provide guidance on how to act,think... Read More

Entrepreneurs - Your Well Being Should Come Before Profits

I believe the spiritual aspect of life, especially to entrepreneurs,... Read More

Franchises - Success and You

Many people believe owning a franchise will make them rich,... Read More

How To Find Focus And Turn Your Talent Into A Thriving Professional Business

There are tons of books and articles available to help... Read More

Definition of Entrepreneur

EntrepreneurAn entrepreneur is a man who organizes and manages the... Read More

Financial Strategies for Transitioning from Salaried to Solo

7 Financial Strategies for Transitioning from Salaried to SoloA 40's... Read More

What Kind of Business Should I Start?

It's not uncommon to reach your 30s, 40s or even... Read More

Starting Your Business By The Book

I've gotten several questions recently about the legalities of starting... Read More

The Visionary Entrepreneur

Any success you have in life must begin with a... Read More

Your Company Needs A Mission Statement; Make It Count

Does anyone remember that book "Built to Last" done y... Read More

The Lonely Hat: A Marketing Parable

Jones was a typical entrepreneur who worked long hours and... Read More

PTO; Justification of the Means and the Ends

Some would say about certain issues that the means do... Read More

Are You An Entrepreneur?

With all the buzz about everybody being an entrepreneur these... Read More

Can You Make Money Without Money?

When I ask why you don't start your own business,... Read More

A Secret To Extraordinary Accomplishments

I sat watching a documentary on U.S. Navy SEAL Team... Read More

Online Women Entrepreneurs Need To Pace Themselves

Saving time means pacing yourself, being organized, and always prioritizing... Read More

Interview with Best-selling Entrepreneurial Authors Barbara Winters and Nick Williams

Ray Bradbury's quote, "You've got to jump off cliffs all... Read More

Time Management Tips for Solo Entrepreneurs

Does it seem like everyone and everything is vying for... Read More

Entrepreneurship Story; Over Regulation in Franchising Final Chapter

Sally and Jim have launched their automotive franchise business and... Read More

An Entrepreneurs Challenge

Living in the twilight zone has its advantages. In the... Read More

An Entrepreneur Is

An entrepreneur is an innovator. She sees a need in... Read More