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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.

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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.

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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.

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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.

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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

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Last Updated on December 7, 2018

10 Steps For Success: Applying The Power Of Your Subconscious Mind

10 Steps For Success: Applying The Power Of Your Subconscious Mind

How big is the gap between you and your success?

What is the difference between successful people and unsuccessful people?

It is as simple as this: successful people think and talk about what they are creating, and unsuccessful people focus on and talk about what they’re lacking.

So how do you bridge that gap between wanting success and having your success? Let’s make an important distinction. You see, there is a big difference between “Wanting” and “Having” something.

Wanting: means lacking or absent. Deficient in some part, thing or aspect.

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Having: means to possess, to hold, to get, to receive, to experience.

You can have one OR the other, but not both at the same time with any particular object of your desire. You either have it or you don’t.

When it comes to your subconscious, if you’re focusing on the “wanting”, i.e. the not having, guess what, you will build stronger neural networks in your brain around the “wanting.” However, through the power of your subconscious mind, you can focus on the “having” as if it has already happened. Research has shown that your brain doesn’t know the difference between what you’re visualizing inside your mind versus what is happening out there in your reality.

This is a regular practice of elite athletes. They spend as much timing creating the internal mental imagery of their success playing out as they do actually physically practicing. This helps create both the neural pathways in their brain and the muscle memory to consistently deliver on that success.

Here are 10 “brain hack” steps for success that you can take to create your version of a happy life. Make these steps a regular habit, and you will be astonished at the results.

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Step 1: Decide exactly what you want to create and have

This is usually the biggest problem that people have. They don’t know what they want and then they’re surprised when they don’t get it.

Step 2: Write down your goal clearly in every technicolor detail

A goal that is not written down is merely a wish. When you write it down in full detail, you signal to your subconscious mind that you really want to accomplish this particular goal.

Step 3: Write your goal in simple, present tense words

…that a three year old can understand on a three-by-five index card and carry it with you. Read it each morning after you awake and just before you go to sleep.

Step 4: Backwards planning

See your goal achieved and identify all the steps required that it took to bring it to life. Making a list of all these steps intensifies your desire and deepens your belief that the attainment of the goal is already happening.

Step 5: Resolve to take at least one step every day from one of the items on your list

Do something every day, even if it is just one baby step, that moves you toward your goal so you can maintain your momentum.

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Step 6: Visualize your goal repeatedly

See it in your mind’s eye as though it were already a reality. The more clear and vivid your mental picture of your goal, the faster it will come into your life.

Step 7: Feel the feeling of success as if your goal were realized at this very moment

Feel the emotion of happiness, satisfaction, and pleasure that you would have once you have achieved your goal. Visualize and feel this success for at least 20 seconds at a time.

Step 8: “Fake it till you make it!”

Confidently behave as if your subconscious mind was already bringing your goal into reality. Accept that you are moving toward your goal and it is moving toward you.

Step 9: Relax your mind

Take time to breathe, pray or mediate each day. Disengage the stress response and engage the relaxation response. A quiet state of mind allows your brain to access newly formed neural pathways.

Step 10: Release your goal to your subconscious mind

When you turn your goal over to the power of the universe and just get out of the way, you will always know the right actions to take at the right time.

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Starting today, try tapping into the incredible power of your subconscious mind.Start with just one goal or idea, and practice it continually until you succeed in achieving that goal. Make it a game and have fun with it! The more lightly you hold it, the easier it will be to achieve. By doing so, you will move from the “positive thinking” of the hopeful person to the “positive knowing” of the totally successful person.

Hit reply and let me know what you’re creating!

To your success!

Featured photo credit: use-your-brain-markgraf via mrg.bz

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