Advertising
Advertising

7 Entrepreneurial Skills Kids Can Learn To Lead A Successful Life

7 Entrepreneurial Skills Kids Can Learn To Lead A Successful Life

As a parent, I want to give my kid an edge, help him learn important skills to lead a successful life. I think he will enjoy more success if he develops a solid entrepreneurial mindset at a young age. People with an entrepreneurial way of thinking see challenges as opportunities and confront them with confidence to innovate and create value in the world.

Kids can develop these key skills and behaviors to lead a successful life. In fact, they are more capable of learning them than adults because they have fewer mental barriers to tear down in order to develop them. Here are seven entrepreneurial skills you can teach your kids to help them lead a successful life:

1. Self Confidence

Self-confidence is a feeling of trust in one’s abilities, qualities and judgment. Developing it is the cornerstone of a successful life. According to psychological studies, confidence comes from where we derive our self-worth, so both internal and external sources.

External sources include appearance, the approval of others, and academic performance. Internal sources include being a good person and staying true to moral standards. Kids with a strong sense of self derived through internal sources – those who are ethical and principled – are less likely to engage in dangerous activities as adolescents and are more likely to have life experiences that lead to a successful life.

Entrepreneurship goes hand in hand with one’s own internal motivation. It is a belief in ones ideas and ability to overcome obstacles that builds strong relationships in both business and life.

Advertising

So how do you instil confidence in your child? Be a good role model, show empathy and encourage their opinions. You need to let kids make decisions and support them as they make choices. Even when you think it may not be the right decision, let your kids think up their own ideas and try them. Learning something from experience as opposed to instruction is key in developing problem solving skills and confidence in oneself.

2. Durability and Resilience

Developing a thick skin when it comes to adversity is paramount in an entrepreneur. We all know pain, failure, and disappointment are part of life. No matter how much you want to shield your kids from these things you can’t totally do so.

An important part of entrepreneurship is learning about failure and not fearing it. Prepare your kids develop a resilient spirit and handle challenges life sends their way. You will feel better and more confident in them while helping them avoid anxiety and self-doubt.

How can you help your kids be more durable? Allow them to express emotion and avoid minimizing their feelings. When children perceive their emotions are understood, charged emotions dissipate and allow them to focus their energy on feeling better.

3. Problem solving

Entrepreneurs are critical thinkers. They hone the ability to focus and tackle a problem using analysis and evaluation to form judgments. Learning to think critically is a key component to being a problem solver. It is how people make clear, reasoned decisions leading to a success in business and beyond.

Advertising

Teaching critical thinking is, in part, questioning your kids. Ask them how they think they should handle a situation that is troubling them. They may need help coming up with ideas but avoid the urge to handle the problem for them. Give some options for solutions if needed but offer your thoughts in the form of questions like “Do you think this could work?”

Leading kids in this way helps them define the problem aloud, which is affirming. This is a way to get perspective and to find answers independently. Supporting kids in this way helps them feel secure in their ability to find solutions to problems on their own.

4. Creativity and Innovative Thinking

Entrepreneurs need to be creative. Solving complex problems can be tricky. Creative thinking is how new ideas are developed to solve such problems.

Make time for creativity and thinking up ideas with your kids. Questions spark inspiration, like: “What could be done differently to make this better?” or “How many ways can you solve this?”

Ask lots of questions and come up with answers together. Creative thinking is the key to innovation, and the world is changing so quickly that people need to be innovative to stay ahead of the curve and be successful.

Advertising

5. Goal Setting

Entrepreneurs know that what gets measured, gets done. All great accomplishments have a timeline, working from a starting point to the goal. Goals keep us moving toward things we really want in life. Having the ability to formulate effective goals and see them through to fruition is important for a successful life.

Teach your kids about goals by sharing your own. Talk about your ideas and your game plan for implementing them. Help them devise short term and longer-term goals by learning what’s important to them, what it is they want to learn, change or have.

Work with them to create steps to achieving goals and talk about progress and challenges over the timeline to achieve the goal. A person needs to know where the finish line is to complete the race and the same is true for life goals. Learning this skill early helps kids accomplish things faster but more importantly helps them gain an understanding that they are capable of controlling their destiny. A pretty powerful feeling when you’re a kid (and later in life too!).

6. Initiative

Entrepreneurs all have initiative. Initiative is a catalyst for creating innovative ideas. It is the motivation to look at what is or what is around you and take action to complete something or make something better. Developing a keen sense for identifying opportunities is one thing but without the initiative to take action nothing gets done.

Teach your kids initiative by modeling it yourself. Children model behaviours of those they look up to so verbally point out instances where you take initiative. This will show them when something needs doing it gets done without hesitation.

Advertising

7. Empathy

The ability to empathize is part of being an effective leader. Successful entrepreneurs know that by trying to see others’ views and feelings they can gain acceptance from their colleagues more wholly. Empathy isn’t something you either have or don’t; there are degrees of it and it can be developed and understood by kids as well as adults.

You can help your kids develop empathy by treating them as individuals, people with a mind of their own. Respecting their feelings and emotions and talking about the connections between their feelings and how they behave will help them understand others motivations. This will help your kids recognize things they have in common with people and to relate to them naturally. This ability creates relationships that are more meaningful and is vitally important for success in leading people and as well as in overall happiness in life.

All of these skills are developed through two-way communication. Yes, we need to give direction but kids need the opportunity to express themselves freely and be understood and accepted. As parents, we are the leaders, and we need to be supportive by allowing kids to make decisions and trying different ideas to fix problems. Entrepreneurs know experience is the best teacher and young kids benefit from it most as they develop skills for a successful life.

Featured photo credit: Boy in a park with a plane via shutterstock.com

More by this author

25 Amazing Places in Eastern Europe You Have To Visit What You’re Missing When You Let Fear Dictate Your Travel Plans How to Travel Longer Cheaper 11 Amazing Countries Anyone Can Travel To On A College Budget Where On Earth Can You Drink Tap Water?

Trending in Productivity

1 How to Succeed in Life on Your Own Terms: 7 Essential Steps 2 How to Spot Job Burnout and Cope with It 3 10 Best Calendar Apps to Stay on Track in 2019 4 25 Brain Exercises for Memory That Actually Help You Remember More 5 11 Important Things to Remember When Changing Habits

Read Next

Advertising
Advertising
Advertising

Last Updated on August 19, 2019

How to Succeed in Life on Your Own Terms: 7 Essential Steps

How to Succeed in Life on Your Own Terms: 7 Essential Steps

There is a great deal of advice in the world telling us how to succeed in life, but often we are given advice that isn’t tailored to our needs, desires and priorities. Success means different things to each of us, and living a life that feels genuinely successful to me might be very different to your idea of a successful life.

Naturally, when we follow the advice of someone else, which is tailored to their life goals and personality, we can end up with something that doesn’t deliver on the promise. We don’t get rewarded with our vision of success: we get theirs.

This is why I’m a proponent of self-discovery, introspection and personal sovereignty. So how to succeed on your own terms?

These 7 essential steps are not going to tell you exactly what to do, but they will provide you with the tools and the questions to ask so that you can discover your own path, so you know how to succeed in life on your own terms.

1. Know Thyself

One of Socrates’ most well-known quotes is,

An unexamined life is not worth living.

I argue that an unexamined life is not a successful one. Self-knowledge is something we could dedicate our lives to, but I’m not suggesting you sit around and navel-gaze in order to find happiness and meaning.

Thankfully, there are people who have created techniques and systems that less us fast-forward through a lot of personal philosophizing, and quickly identify some key aspects of what makes us, us.

You might want to find out what your ideal daily schedule is,[1] and you can take tests that reveal just that. Or you might want to figure out what you need to get things done – and yes, there’s a quiz for that too.

Advertising

None of these tests are infallible, and some are more scientific than others, but the process of asking yourself questions about your behaviors and traits is invaluable when it comes to determining your path to succeed in life.

For example, if you know you are an introvert and are unhappy in your current workplace, it might be worth considering why that is (an open plan office space perhaps) and what you would prefer.

It’s these little questions that will provoke answers in you that can guide the decisions that truly improve your life now and in the future.

2. Figure out What Matters to You

What lights you up? This is a question that often gets forgotten as we age. A fortunate child will be given the stimulation they desire in the form of bright toys, affection and entertainment. Little by little, the things that bring a child joy get replaced by what society demands on their behalf.

When we return to that question, and ask ourselves what really matters and what brings us joy, we can move closer towards a successful life. It can help to think back to your childhood, and the times in your life when you were in what Mihaly Csikszentmihalyi calls a flow state.[2]

In a state of flow, time slows and our focus is directed like a laser. We are fully present.

Whilst not everything in life that matters to you will conjure up a flow state, it’s a good indication of the kind of activities and experiences you can try to incorporate into your life on a regular basis.

A successful life is made up of moments like this, and when you know what matters to you and brings you a sense of joy and purpose, you can go about creating more of that.

3. Play to Your Strengths

Why spend your time only on mitigating your weaknesses, only to feel average? Instead, playing to your strengths and amplifying those skills and qualities you already have will help you go from average to extraordinary.

Advertising

If you’re great at big picture thinking and love dreaming up new ideas, but often lack attention to detail, acknowledge that. Then instead of trying to improve your analytical skills, focus instead on developing your existing skills of imagination and insight. When you need someone with a keen eye for detail, you can collaborate with those people.

Jackson Pollock was an extreme introvert, with no real desire to get his artwork in front of people. Fortunately, he had Clement Greenberg, who was much further towards the extrovert end of the spectrum, to popularize his work and get Pollock the publicity he needed.[3]

Start by identifying your strengths and what comes naturally to you. Then work on developing those and becoming known for those strengths. You can always find someone who will help you in fill in the gaps.

4. Listen to Yourself

It isn’t always clear to us that we’re on a path that leads us to failure or to success. People can spends decades in a job that is unfulfilling and slowly breaking their spirit, without even realizing it – until it’s too late. This is usually because they haven’t learned how to truly listen to themselves.

The challenge we face is that we’re listening to so many other sources of information; whether it’s the news, television, social media, family, friends or colleagues. Many may want to help, but that doesn’t mean they know what’s best for us. Only you know what success means for you, and working this out begins with listening to yourself.

Listening to yourself requires practice. It’s a daily effort, which over time, does get easier. That inner voice of wisdom will get clearer, and the decisions you make will feel more convincing.

To start, you could try to set aside 10 to 15 minutes when you first wake up, in silence. Rather than look at your phone, checking emails or social media, simply sit in silence, listening.

Ask yourself a simple question like, what am I feeling right now, in this moment? Notice the answer that bubbles up, without getting lost in the story. Starting an inner dialogue, without judgment is one of the key tools you can use to start making better decisions in your life.

Learn more about listening to your true self in this guide: How to Listen to Your Inner Voice for Greater Fulfillment

Advertising

5. Listen to Others (But Not Everyone)

Listening to yourself is one thing, but listening to others is crucial in order to learn, empathize and be of benefit to your community.

Truly listening to others is not just waiting patiently until it’s your turn to speak. Active listening requires focused attention, and the intention to understand where the other person is coming from.

When you do this, you can ask better questions and discover more about the world and everyone in it, as well as learn how to interact with others in order to succeed in life on your own terms.

However, this doesn’t mean you have to listen to everyone you come across. Trolls on the internet may come into the category of people not to listen to. Some people’s opinions will do more harm than good, as not everyone has your best interest in mind.

It’s worth identifying a shortlist of people whose opinions you will listen to. Brené Brown, author of the New York Times best-seller Daring Greatly, recommends taking a 1-inch x 1-inch square of paper and make a list of people whose opinions matter to you. These are the people who love you and will genuinely support and help you. According to Brown,

“If you need more paper, you need to edit.”

6. Make Time for Reflection

It’s easy to go through life without taking inventory of what you’re actually accomplishing. Missing this crucial step means we end up jumping from one goal to the next, without feeling like we’re getting anywhere.

Make time, ideally each day to reflect. You might keep a paper journal, or an online document. Either way, jot down:

  • What went well today
  • Something you’re grateful for
  • What would make tomorrow even better

Doing this can have measurable benefits to our overall sense of well-being, as well as keeping us focused for more success in the future.[4]

Advertising

It also helps combat feelings of lack and doubt, that arise when we compare ourselves to others. When we look at someone who appears to be more successful than us in an area of life, we can forget how far we’ve come and how much we have to be grateful for.

Making time to reflect on what you have accomplished is critical to keep you on track, and just not looking at what others are doing.

7. Don’t Be Afraid to Change Your Mind

Arguably the most important step of all:

Remember that there’s nothing wrong in changing your mind and correcting course.

The path to a successful life is not straight and narrow. It meanders and there’s no harm in going back and picking a different (and better) route.

“I think our life is a journey, and we make mistakes, and it’s how we learn from those mistakes and rebound from those mistakes that sets us on the path that we’re meant to be on.” — Jay Ellis

Be willing to make mistakes, learn from them and change your mind. Ultimately, there’s no better way to succeed in life on your own terms.

More Articles About Achieving Success

Featured photo credit: Shirly Niv Marton via unsplash.com

Reference

Read Next