60% of Americans Aspire to be Entrepreneurs. Is Your Kid One of Them?

| Posted: 06-02-2007 | Comments: 0 | Views: 19 | Rating: (50)

(?)

Inspired by the huge successes of young entrepreneurs, many Americans are now aspiring to run their own business empire. What's more, the need to nurture these skills from an early age has compelled parents to strongly encourage entrepreneurship development amongst their children. Thus, they become more attuned to knowledge and information on how to nurture these skills, and even implement daily activities which aim to develop these skills from pre-school onwards.

Indeed, the emphasis on entrepreneurship has gained ground in recent years due to massive layoffs and restructuring in corporate America. The lucrative profits made by business owners as compared to the absence of job security in employment, has prompted many to become self-employed.

What is encouraging though is that studies have shown that entrepreneurship can be learned and developed. It is not an in-born gift as many believe. Traits such as creative thinking, discipline, independence, confidence, strong communication skills, the ability to take risks, motivation and persistence can all be learnt and acquired over time.

However, in order to give our children a head start, these traits need to be developed from a young age. A study conducted by a former director of the Center of Entrepreneurial Leadership has discovered that entrepreneurial traits are already demonstrated by one in four kids while still at kindergarten. The down side to this is that if these skills are not developed during grade school, only 3% of high school graduates will utilize these abilities.

These findings reinforce the fact that as children don't develop these skills in school, parents play a vital role in facilitating the development of these abilities. First, they need to teach their children the value of money. Apart from that, parents could involve their children in the process of making adult decisions. This will help them develop their maturity and decision-making skills. Another initiative parents could take is to pay their children to perform chores around the house, so that they are able to make the connection between working and earning money.

As for older kids, parents function as the mentor to their kids' business ideas, providing positive input for idea expansion and improvement. In addition, parents are also in a position to help their kids develop their first business plan, and also to put their plan into action. Children could start with any small business ideas, a newspaper delivery business, dog-walking or even tutoring. In addition, parents need to constantly use positive reinforcements on their kids in order to boost self-esteem and confidence.

Last but not least, to encourage teamwork and exchange of ideas with their peers, kids should also be enrolled in entrepreneurial programs such as the Kids and Business seminars. These programs will help to infuse new insights, incorporate leadership skills and formally impart business skills to kids. Most importantly, these programs are essential to cover areas where parents are not equipped to teach. Ultimately, these kids will be ready with a full set of entrepreneurial skills that they can use to jumpstart their business.

Rate this Article:

Current: 0 / 5 stars - 0 vote(s).

Article Tags: Home Business, Teens, Business For Kids

Article Source: http://www.articlesbase.com/home-business-articles/60-of-americans-aspire-to-be-entrepreneurs-is-your-kid-one-of-them-101406.html

Print article

Send to friend

Publish this Article

Author feedback

About the Author:

Susanna Strandberg is the author of a product that outlines how to work from home doing seminars. The niche she works in is kids and business. http://www.kidsnbusiness.com explains what receive in the kit and how to stop trading time for money and startbuilding a business for yourself.

Submitting articles has become one of the most popular means of generating quality backlinks and targeted traffic to your website. Join us today - It's Free!

Article Comments

Add new Comment

9 Criteria to Protect you When Selecting Home Business
By: Marius | 25/01/2007 | Entrepreneurship

How To Design Your Website To Sell
By: Jason Tarasi | 24/07/2007 | ECommerce

Free Success Training for a Month
By: easylifemoney | 13/12/2007 | Home Business

Learn How to Attract Leads to your Mlm or Home Business
By: easylifemoney | 18/12/2007 | Team Building

G.p.t Income Vs Residual Income, and Why you Will Never Get Either Unless you Get Paid Today
By: John Gregory | 22/10/2007 | Home Business

Blog Marketing To Make Money
By: Kevin Sinclair | 25/10/2007 | Publishing

Work At Home Based Business Opportunities: Can You Run Them By Article Marketing
By: Juhani Tontti | 27/10/2007 | Business Opportunities
Business Opportunities Articles

Internet Home Based Business Opportunities Require 6 Months Learning Before The First Income
By: Juhani Tontti | 31/10/2007 | Business Opportunities
Business Opportunities Articles

Got a Question? Ask.

Ask the community a question about this article:

Frequently Asked Questions

Need help for teen-ager
By: Renee | 16-08-2008
I am looking for meetings that deal with Acoholic and drugs for a 17 year old male. I would like him to be with people of his own age group. I don't know where to turn for help.

Business World, Youth and Beauty. Does youth and ...
By: janedoechronicles | 12-08-2008
Business World, Youth and Beauty. Does youth and beauty play a significant part in business . . . and, the corporate world? If so, why?

What can we do to save the planet that will really make a difference?
By: Shop To Earn | 01-08-2008
What can we do to save the planet that will really make a difference? We can all join Shop To Earn / Shop To Earth How: Shop To Earth is a new company that launched their website in March 2008. In four months it has grown to over 15,000 members. (5,000 in the last three weeks).At this rate there will be roughly 200,000 to 300,000 members by September 2008. The business model of this company states that as a requirement of your membership, starting in September 2008, you and your group must spend $100 a month on green products. That's approx. $20,000,000 overall per month, that all these current members will be spending on green products. The structure of the company is based on MLM marketing. Thousands are joining and will continue to join, and all of them must purchase green products every month. When you join, you are buying your own website shopping portal. On one side of your business are approx. 500 online retailers like Target, Walmart, Sears, Overstock etc. On the other side of your business are approx. 100 green companies. It took $4.00 a gallon gas to convince American consumers to sell gas guzzlers and buy fuel efficient vehicles because they were forced to change. If the Shop To Earn / Shop To Earth membership grows to a million people in one year as predicted and they must buy $100 a month in green products, that's $100,000,000 a month spent on green products that would normally have been spent on products more harmful to the environment. You can help make a significant positive impact in saving the planet and make a great income while doing it. If you are committed to a greener planet, you can play a part by owning your own website. Join Shop To Earn / Shop To Earth now.To learn more go to my website at http://www.shoptoearn.net/brianboy , click on my picture in the lower left corner, then click on "overviews". To join, click on the "join now" button. Stop talking about going green....act.

I've got a few ideas, but I want to hear from you ...
By: Ask A Career Coach | 28-07-2008
I've got a few ideas, but I want to hear from you. Which careers don't suck?

VC Presentation
By: Dedi | 22-07-2008
where can i find a sample presentation for VC

Click Bank's #1 Affiliate Program
By: workingant | 21-07-2008
What do you think about ClickBank's #1 Rated Affiliate Program? http://1abundantjoy.com

Q&A Powered by:

Latest Home Business Articles

3 Steps to Starting Your First Internet Business
By: Jinger Jarrett | 07/10/2008
Even in tough economic times, there are plenty of opportunities to start and grow a business. The internet makes it even easier because the start up costs are low. Before you start your first internet business though, do your homework and create a plan. Combine this with effective marketing, and you will succeed.

How To Look For Online Business Ideas
By: Karl Sultana | 06/10/2008
Discover genuine ways to start business online and make money. Lots of ideas to get started and one thing you should avoid.

Taking Steps to Financial Freedom
By: Rosamunde Bott | 06/10/2008
Have you considered the steps you need to take on your journey to financial freedom? This articles shows the importance of making your journey one step at a time.

Construcción De Toboganes
By: Eric Castro | 06/10/2008
En la actualidad un tobogán es una construcción de carácter recreativo, ubicada en las áreas de recreo infantiles. Consiste en una superficie plana elevada en su parte posterior por una escalera que permite el ascenso a la parte superior para proceder al deslizamiento sobre la superficie.

Cómo Construir Piletas Y Piscinas
By: Eric Castro | 06/10/2008
La piscina es de principal uso para estos tiempos de verano y tener una en nuestros hogares seria muy agradable para combatir este oleaje de calor. Para construir una piscina o pileta lo primero que debemos de hacer es calcular para cuantas personas y que uso se le dará a la piscina.

Calles De Piscina
By: Eric Castro | 06/10/2008
En una piscina, las calles sirven para recorrerla en un sentido concreto y para señalar la demarcación correspondiente a cada uno de los nadadores que intervienen en una carrera.

Article Directory Submitting
By: Lee Roshan-Nahad | 06/10/2008
Deciding on an effective and economical advertising method doesn’t need to be a hassle. Just prepare articles for directory submission and increase your online business visibility on the internet.

Make Money Online Or Building A Business Online
By: Karl Sultana | 06/10/2008
Discover different ways to make money online. What skills you need, how the whole money making thing works online. Plus what works and what does not.

More from Susanna Strandberg

The New Dating Service - Online Dating
By: Susanna Strandberg | 20/02/2007 | Dating
Thinking about trying an online dating service but you cannot get past the idea that it is a waste of your valuable time? Dating sites are a way to find and sort through lists of singles who are also eager to find someone new for their lives.

The Importance of Your Dating Site Profile
By: Susanna Strandberg | 16/02/2007 | Dating
Take care when describing yourself and your future date because your online personal or dating site profile is like a magnet, it will attract someone. Make sure it is the right kind of someone by putting time and effort into the image you portrait.

Search for Love Online
By: Susanna Strandberg | 15/02/2007 | Dating
Online dating sites provide us with a free way to meet others. There are few things in life that are free but internet dating is free you just have to know how to make the best use of the sites.

Free Online Dating Services
By: Susanna Strandberg | 09/02/2007 | Dating
Have you thought about a dating service instead of checking out the free online dating scene?

Free Online Dating or Personals
By: Susanna Strandberg | 07/02/2007 | Dating
What is this movement of singles heading online to find their next great date? Online dating has been here for over 10 years and its going to stay.

5 Reasons Why a Home Based Business Will Work for You
By: Susanna Strandberg | 07/12/2006 | Home Business
You must do some research to find a home based business that would work for you. Here are 5 reasons to consider.

7 Effective Strategies for Seminar Marketing
By: Susanna Strandberg | 07/12/2006 | Business Opportunities
7 strategies to making a great home based busines in the seminar consultation business.

Article Categories

Article Marketing

Article Notepad

Stop Duplicate Content

Term Papers

Need Help?

Sign up for our email newsletter

Receive updates, enter your email below

Use of this web site constitutes acceptance of the Terms Of Use and Privacy Policy | User published content is licensed under a Creative Commons License.
Copyright © 2005-2008 Free Articles by ArticlesBase.com, All rights reserved. (0.69, 17)

60% of Americans Aspire to be Entrepreneurs. Is Your Kid One of Them?

Article Comments

Related Articles

Got a Question? Ask.

Latest Home Business Articles

More from Susanna Strandberg

Need Help?

Site Links

Webmasters

Business Info

Sign up for our email newsletter