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How to Teach Your Kids to Have Entrepreneurial Mindsets

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How to Teach Your Kids to Have Entrepreneurial Mindsets

What do we mean when we refer to an “entrepreneurial mindset”? Why should we teach kids this from an early age? Norman Goldstein, founder of BKFK (By Kids For Kids), asked himself the same question and his answer was to create an organization which would help kids towards empowerment in being creative, innovative and self disciplined.

These techniques don’t just relegate your child to a career in entrepreneurship. These are the pillars to be successful in any field whether they choose to be a teacher, nurse, fire-fighter or surgeon. This entrepreneurial mindset will determine how they face the world. Here are 6 steps to make sure your kids will benefit and thrive.

1. Set 3 main goals

These goals should be written down as they are far more likely to be achieved when they are in black and white. Ask your kids what their top 3 goals are. These can range from getting on the baseball team to improving their math grades or becoming faster readers. Then, ask them what steps they will have to take to start achieving these goals. Encourage them to think of a step by step approach and get them to write these down too. These can be ticked off when they are completed and that is a great indicator of progress and a powerful motivator too. There are some great tips here about how to write these goals down.

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2. Help them to problem solve

Getting kids to identify problem areas in their lives and then finding solutions is a great way to teach them to be autonomous. They may be having issues with friends, difficulties in completing a homework task, or trouble with just deciding what to wear.

How do you help them along the way to make decisions for themselves without actually providing the solution? If a child is being picked on in recess, brainstorm with him or her various solutions. Encourage the child to look at the pros and cons. If a teenager spends all her money on the first attractive thing she sees in a shop, the natural consequence is that all her money for the week or month is gone. After this incident, talking about how to make a better choice the next time helps to build problem solving skills.

3. Teach them the value of money

Encourage a child to learn about the value of money and wise spending because managing money is an essential life skill. A great way to start is by taking them to a yard sale. There are usually loads of kids’ stuff there and they may sniff out a bargain.

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Next, help them to increase their allowance by paying them for certain demanding chores around the house and yard. These should be rather special tasks and different from normal household chores which are unpaid.  With all of this extra money, you can take them to the bank with you and encourage them to open an account and start saving as soon as they are old enough.

As your children grow into their teenage years, talk about investing money and how it can generate more money in the future. Discuss how you use coupons and save money on shopping and how you look for good value. Ask them if they want to save up for a special treat such as going to Disneyland.

4. Teach them about failure

Failure at school is taboo. Teaching our kids that there are lessons to be learned from failure in any aspect of life is a great way to instil in them the right entrepreneurial mindset. Here are some ways you can do that: Forget about punishment if poor grades are coming in. It is a much better idea to talk about what went wrong, why it happened and how to prevent the next poor grade. This is a teachable moment and a very important one because the child is learning from failure. Looking at what went wrong instead of blaming the teacher is a great way to start. Self esteem is built on achievement.

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“When you move beyond failure …..you learn how to tolerate frustration, how to get creative and take different approaches to tasks, and also how to ask for help—all things that are necessary for long-term success in life.” – Rahel Briggs, child psychologist at Montefiore Children’s Hospital, Bronx, NY.

5. Teach about communication

How many times have you seen adults and kids glued to their smartphones? Are they really communicating? Face-to-face contact and communication are essential in business and personal relationships. Limit your child’s use of cell phones for communication, including texting.

Get them to talk to you and encourage them to be polite, respectful and use eye contact. Ask them to practice writing real emails to you so that their use of acronyms and text language does not take over their formal writing standards. Another example is to ask them to write you an email asking for a birthday present and stating why they want it and how they would benefit from it. No abbreviations are allowed!

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6. Encourage learning

The thirst for knowledge can never be satisfied. Kids love learning new things and this curiosity will last a lifetime if it is begun at an early age. Playing stimulating games with a baby can help kick-start their intellectual development from very early on. You can spot the difference straightaway in a home where kids have been encouraged to learn, read and discover things for themselves.

This is what helps them to develop the right and left parts of the brain. Stimulate them with new gadgets that they have to work out how to use. Get them into strategic games, puzzles and quizzes. Learning never stops in your family. It will be a lifelong treasure whether they become entrepreneurs or not. Couple that with hard work and self discipline for guaranteed success, whatever job they choose.

“An idea isn’t worth much until a man is found who has the energy and ability to make it work.” – William Feather.

Featured photo credit: The Full Buying Experience/Vivid Image via flickr.com

More by this author

Robert Locke

Author of Ziger the Tiger Stories, a health enthusiast specializing in relationships, life improvement and mental health.

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Last Updated on October 7, 2021

Why Spending Time With Your Family Is Important (And How To Do So)

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Why Spending Time With Your Family Is Important (And How To Do So)

In today’s chaotic world, having family time isn’t always easy. It can get pretty hard to coordinate schedules, especially if the family is large. Life demands that we work, attend school, nurture friendships, hobbies, etc. All of those things are extremely time-consuming and important—but so is spending time with your family.

Why is family time so important? Because we all need love and support, and a good, strong family can provide that regularly. For children, spending time with their family helps shape them into good, responsible adults, improve their mental health, and develop strong core values.

There are many positive effects of spending time with your family. My family and I, for instance (and this includes grandchildren as well), meet every Tuesday night for dinner and games. My older son and I take turns cooking. This gives all of us a chance to try some new recipes. After dinner, we play games. And without fail, they inspire competitiveness and laughter. As family night has evolved, the grandkids have invited their friends over as well, creating the need for more chairs but also expanding our circle of fun.

Aside from the obvious fun and games, there are other reasons why spending time with your family is paramount. In this article, I will provide you with multiple reasons why spending time with your family regularly is a win-win. And then, I will lay out some ways on how to do it.

Let’s get started, shall we?

Why Spending Time With Your Family Is Important

Here are six reasons why it’s important to spend time with your family.

1. Provides the Opportunity to Bond

When you spend time together as a family—talking about your day, your highs, your lows—it fosters communication. As parents, it gives you the chance to listen to your children, to hear them out, to learn about what’s going on in their world. It also provides you with the opportunity to use life situations as teaching moments.

Before our Tuesday night dinner/game nights, my family used to see each other pretty regularly but not consistently, especially the grandkids. Our family night changed all that. Now, it’s guaranteed that the grandchildren, along with some of their friends, will be there. Not only do I get to find out what’s been happening in their lives, but they also get to know us better. It’s creating memories they can treasure forever, as well as modeling the Get-Together tradition for when they eventually have families of their own.

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“Spending time partaking in everyday family leisure activities has been associated with greater emotional bonding within families.”[1]

2. Teaches the Value of Family

Taking the time to be with your family lets your children know they are valued—that spending time together is a priority. I know that in today’s world, both parents are busy as both usually working. What better way to let your children know they are loved than by carving out time each week to spend with them?

According to Marilyn Price-Mitchell, Ph.D., “words like honesty, trust, fairness, respect, responsibility, and courage are core to centuries of religious, philosophical, and family beliefs. Use them and others to express and reinforce your family values. Teach children the behaviors that flow from these principles. Use quotes to ignite meaningful dinner conversations and encourage kids to talk about these values.”[2]

3. Enhances Mental Well-Being

Spending that quality time together gives your children a safe platform in which to express themselves, ask questions about things that are bothering them, or talk about their day and things they’ve learned. I know that my 9-year old granddaughter can’t wait until it’s her turn to talk about her day. She usually goes on and on and has to be stopped to give everyone else a chance to talk about their goings-on.

“Research shows the quality of family relationships is more important than their size or composition. Whoever the family is made up of, they can build strong, positive relationships that promote wellbeing and support children and young people’s mental health.”[3]

For children, having the opportunity to seek advice from parents they trust—as well as being able to have a sounding board and help with problem-solving—is priceless. In addition, being able to voice their opinions and be heard—and to feel like what they have to say matters—is an esteem-builder. All of these can have a very impactful positive effect on their well-being.

4. Helps the Child Feel Loved

How do you think a child feels knowing their parents want to spend time with them—talking, sharing experiences, playing games, listening to them? It will make them feel as though they are important, and a child that feels important is happier and more apt to thrive. Setting aside chores or work to spend time with your children demonstrates that they’re essential—that they matter. What a gift to give your child!

“If a child has your undivided attention, it signals that they are loved and important to you. This can be further nurtured by experiencing joyful activities together, as it demonstrates that you want to spend time with your children over and above all of the daily demands.”[4]

5. Creates a Safe Environment

If you regularly spend time with your children, you are also creating an atmosphere of trust. The more trust they have, the more likely they are to share with you what’s going on in their world. As they get older, you’re going to want to know. Negative influences can show up at any time, but if you’ve always been there for your child, they are more apt to come to you and ask for your advice.

Spending time together generates familiarity and feelings of being supported. When a child feels safe and comfortable, they’re more likely to open up. This is one way to get to know your child and know what’s on their minds. Are they okay? Do they need your guidance? If so, how?

6. Reduces Stress

This is significant. We all suffer from stress at one point or another in our lives. Spending time with family helps alleviate that stress. It’s an opportunity to talk things out, get feedback, and maybe brainstorm for a solution to the problem that is causing the stress.

According to Brandy Drzymkowski, “During the holidays, your closest five people probably shifts to family and friends. You may even get to see loved ones who live far away. Good news! This can actually help lower your stress levels. Studies show ‘face-to-face interaction…counteracts the body’s defensive ‘fight-or-flight’ response.’ In other words, quality time spent with loved ones is nature’s stress reliever.”[5]

So, now that you know some of the benefits, what are some ideas for making family time happen?

How to Make Family Time Happen

Here are four things you can do to make family time happen and spend more time with them.

1. Family Dinners

This, as I said above, is a wonderful way to spend time together. While you’re having dinner, you have the chance to discuss things that are going on in your lives—the ups, the downs, and everywhere in between. It’s like having a buffer against life’s challenges.

Aside from that, eating dinner together has many additional benefits. Studies have shown that for kids who eat regularly with their families, there is less risk of substance abuse, teen pregnancy, and depression.[6]

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“Our belief in the ‘magic’ of family dinners is grounded in research on the physical, mental and emotional benefits of regular family meals.” It further states, “We recommend combining food, fun and conversation at mealtimes because those three ingredients are the recipe for a warm, positive family dinner—the type of environment that makes these scientifically proven benefits possible.”[7]

According to Parenting NI, “children and adolescents who spend more time with their parents are less likely to get involved in risky behavior. According to studies done by the National Center on Addiction and Substance Abuse via Arizona State University, teens who have infrequent family dinners are twice as likely to use tobacco, nearly twice as likely to use alcohol and one and a half times more likely to use marijuana.”[8]

As you can see, there are multiple benefits to spending time with each other routinely. You can’t go wrong with this family activity.

2.  Regular Movie Nights

This is another fun event, although, from personal experience, I have to caution that choosing a movie that everyone wants to see is not easy. So, give yourselves plenty of time so you don’t spend two hours searching for a movie, and then end up watching no movie at all because the night is practically over. Try and choose a movie before the day, if possible.

Afterward, open it up for discussion. Ask questions pertinent to the movie. What do you think of ABC? Should they have done that? Would you have done something differently? There are so many questions you can ask to spark a conversation and keep the night going.

3. Game Night

This is another occasion for great fun. If you have a competitive spirit, it makes it even more fun. There are numerous games out there—Balderdash, Pictionary, Apples to Apples, Charades, to name a few—that can create fun havoc. All I can say is, on game nights, don’t take yourself too seriously. It’s okay if you lose the game. The fun is in being together, laughing, debating, and having a good time.

In addition, “Playing board games is great for children for many reasons besides the obvious; it’s fun to play games! Age appropriate games can help children to think strategically, solve problems creatively, work on pattern recognition and build simple math skills. They also help children develop social skills such as following rules, taking turns, and graceful winning or losing. Additionally, a family game night provides an opportunity for children to bond with siblings, parents and family members as well as peers. It can promote tradition building and establish a fun routine.”[9]

So, go find your family a game and start having fun!

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4. Sharing a Hobby

If you and one of your kids like to do the same things, do it more often. For example, my oldest son and his teenage son go on long bike rides together on the weekends. Not only do they get to exercise, but they also get to talk and look at beautiful sceneries. They’ve also incorporated cooking into their routine. They plan the meal, shop, and prepare—activities that bring them closer together.

Sharing a hobby is a great way to bring family members together. It bonds people in amazing ways. According to Alison Ratner Mayer, LICSW, “One of the easiest and most important ways to build a child’s self-esteem is to spend time with them doing something not only that they enjoy but something that you also enjoy. There is a special magic that happens between a parent and a child when they share a mutually beloved activity. It sends the message to the child that their parents are having fun, true, honest, real fun, with them.”[10]

Final Thoughts

Spending time with the family is an investment. It is an investment in the happiness, well-being, and security of that system. It can also serve as a way to break out of the daily rut and the constant worldly demands, while at the same time, building a strong family unit.

Even though it isn’t always easy to find the time, finding the time is key to staying close and to providing and receiving love and support. There is no greater gift than the gift of time. That’s what we all seem to be missing nowadays. So, in giving that gift consistently, everyone feels loved and appreciated.

The family that takes the time to interact regularly is typically happy. They know they are part of a tribe, and that’s essential in today’s chaotic world. To know that there are people whom you can count on—people who will have your back in times of need—is invaluable.

Now, go and plan something plan with your family, if you haven’t already.

Featured photo credit: Jimmy Dean via unsplash.com

Reference

[1] Pittsburgh Parent: Spending Time Together—Benefits of Family Time
[2] Roots of Action: Integrity: How Families Teach and Live Their Values
[3] Beyond Blue: Healthy Families
[4] Esperance Anglican Community School: The importance of family time
[5] Brandy Drzymkowski: Spending Time With Loved Ones Reduces Stress
[6] Harvard Graduate School of Education: Harvard EdCast: The Benefit of Family Mealtime
[7] The Family Dinner Project: BENEFITS OF FAMILY DINNERS
[8] Parenting NI: The Importance of Spending Time Together
[9] WNY Children: Family Game Night- The Benefits of Game Play
[10] Child Therapy Boston: The Benefits of Sharing a Hobby With Your Child

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