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 10 Things High Achievers Do to Attain Greatness 2 How to Listen to Your Inner Voice for Greater Fulfillment 3 What Is the Purpose of Life and What Should You Live For? 4 Top 10 Management Skills Any Strong Leader Should Master 5 6 Best Goal Setting Journals to Help You Stay on Track

Read Next

Advertising
Advertising
Advertising

Last Updated on April 9, 2020

10 Things High Achievers Do to Attain Greatness

10 Things High Achievers Do to Attain Greatness

Do you ever secretly wish that you could achieve more with your time? You are not alone. Most people want more from their lives but simply don’t know where to start.

The good news is that learning to accomplish greatness in your life is totally possible if you learn to study other successful high achievers.

Find out what sparkling new patterns you want to implement in your own life by studying what real high achievers do in the round up below.

1. They Know What They Want.

That seems pretty obvious, but if you don’t have a clear goal, dream or desire in mind, how will you know when you’ve gotten where you wanted to be?

Successful people have clear goals and a clear vision for how to get there.

For example, Albert Einstein remained obsessed with the big questions and problems of physics, and he knew exactly what he wanted to do: he wanted to answer the questions and solve the problems that no one else had been able to. And guess what? He did just that.

High achievers dream specific, plan smart, and confidently strive toward success.

2. They Focus on Their Goals.

Once achievers know what they want, they are tenacious and focused on forward progress toward their goals. They don’t run over people or deliberately hurt people to get what they want, but they do stay focused on the end goal in all their interactions and daily tasks.

Advertising

Elon Musk, with a net worth of $21.2 billion, is considered revolutionary.[1] Some might have seen his plans to totally reinvent transportation methods, including fantasy-like transportation methods in outer space, a little silly. But Musk proved them all wrong by staying focused on his goals with hawk-like attention to detail. He spends hours and hours at the office focusing on his goals in order to achieve them.

Learn How to Stay Focused on Your Goals in a Distracting World.

3. They Are Passionate.

It’s very helpful when reaching for a big goal to not just get excited by it, but to truly be passionate about it.

High achievers often talk about how much fun they are having, or say that they would do what they do even if they weren’t getting paid (and in the beginning, they probably weren’t). That’s the kind of passion and positive outlook you need to achieve your highest goals.

Bill Gates, creator of Microsoft, began his successful career early in life by simply being excited about things like video games and computers. You can be like Gates too. Identify your passions and pursue them in your career.

4. They Don’t Procrastinate.

Some of the things we have to do to meet our goals or achieve our dreams are not very easy, but high achievers are able to focus on what needs to get done and actually do it instead of living in a world of dreams. They have a plan and they can follow it starting right now.

Even though you may not be into arts, you must have heard of Vincent van Gogh, one of the most influential artists of all time. He is a perfect example of someone who not only dared to dream, but also dared to act.

Instead of procrastinating or staying in a rut, he made a choice to pursue art and dove in head-first. Although he only worked for about ten years due to a tragically short life, van Gogh produced an estimated 900 paintings and more than 1,000 drawings.[2]

Advertising

If you want to get more out of your life, then stop dreaming and start taking actions today, not tomorrow: How to Stop Procrastinating: 11 Practical Ways for Procrastinators

5. They Create Their Own Opportunities.

True achievers know that they don’t have to be stuck in a box – they can create their own story through hard work.

Brené Brown is a respected social researcher and increasingly popular speaker and author. She has been hosted on Oprah. She has written and published a slew of popular self-help books, and she has one of the most-watched TEDx talks in history.

Interestingly, Brown didn’t start her story in a glamorous way. In fact, many social sciences professionals scoffed at her unusual methods of research and her passion for the topic of vulnerability and shame. Brown, however, continued forging her own path until she reached her destination: greatness.

Brown is a striking example of a person who knew what she wanted and paved her way into her own story of success with dedication. High achievers know that nothing good comes without hard work. They are willing to create their own opportunities and don’t expect to be handed cookie-cutter dreams in life.

6. They Have Positive Attitudes.

Studies of high-performing students find that the happiest students are those who excel most academically.[3] The same holds true for adults in business and in life.

If you have a good attitude, enjoy what you’re doing and remember that setbacks are temporary, it’s a lot easier to be successful. Without negativity, there’s nothing to hold you back from achieving whatever it is you want to achieve.

A positive attitude also helps people to think of what they are doing as important, which is a great way to stay motivated and working toward a goal.

Advertising

Jim Carey, the famous comedian and actor, began looking for gigs as a teenager. At age fifteen, he performed onstage and completely disappointed the crowd with a less-than-successful first performance. Carey ultimately succeeded, though, by maintaining a positive outlook. He is known for visualizing success, staying positive, and continuing to work hard.

7. They Have a Team They Can Count On.

High achievers know they can’t do everything themselves. There’s a time very early on when you can go it alone, but even the smallest startups need help. It’s actually easier for a company‒or a dream‒to grow more quickly if there are more people engaged in making it work.

Your team could even be one or two trusted individuals who have your back when things get hard. Stephen King, an iconic author, submitted one of his first novels, “Carrie”, to more than 30 publishers. He received rejection after rejection and even threw his manuscript in the trash. His wife was his team; she pulled the manuscript out of the trash and asked him to try again. “Carrie” was a hit and became a springboard to a successful writing career spanning more than 50 bestsellers.

High achievers are able to foster great relationships and build teams that can help them achieve what they want even faster. They tend to have an eye for talent and are good at attracting the right people to their teams.

If you want to be a better leader, these tips can help: How to Master Your Management Skills and Build a Strong Team

8. They Take Time for Themselves.

Amid all this hard work, multitasking and big dreaming, high achievers know they need to take care of themselves too. Getting sick in the middle of a major launch isn’t good for anyone.

So a lot of stories you read about people who’ve had a lot of success will note that they eat well, exercise regularly, try to get enough sleep and even occasionally take time away from the office to refuel.

Emma Stone, a highly esteemed actress, is open with the media about her struggle with anxiety and stress.[4] She reportedly practices self-compassion, meditation, and self-kindness to take care of herself.

Advertising

Successful people know that sacrifice is often required for success, but they understand what they need to do to keep their bodies and minds performing well.

9. They Don’t Bad-Mouth Others.

High achievers know better than to burn bridges. They practice the advice that you shouldn’t say bad things about others, and they usually listen more than they speak.

They also tend not to compare themselves to others or get envious. They’re so focused on what they want to do that they don’t stop to look around at what others are doing.

10. They Never Quit.

Tyler Perry, an accomplished director, writer, and performer, faced early failures in both his personal life and professional life. Perry pushed through these personal challenges and dealt with failure after failure with his first production. Finally, his production gained momentum, and he is now successful because he never gave up.

High achievers are tenacious, sticking to their plans and goals as long as they need to in order to get where they want to be. If they didn’t stick with it, they wouldn’t achieve anything.

Final Thoughts

Success and achievement are not just for the people mentioned above — they are for you, too!

Unlock your future by finding your passions and goals, and working hard. Pay attention to what other high achievers around you are doing, and follow suit.

Before you know it, you will be creating your own famous success story.

More Tips About Achieving Success

Featured photo credit: Fabrizio Verrecchia via unsplash.com

Reference

Read Next