Why should we teach our kids entrepreneurship from an early age?
Danie Jacobs November 2, 2015YE ArticlesComments Off on Why should we teach our kids entrepreneurship from an early age?895 Views
It is only through fostering a robust entrepreneurial culture that we will ensure economic growth, create jobs and accumulate wealth.
Entrepreneurship education teaches skills that are essential in the 21st century job market. In addition to life skills, these programmes foster workplace readiness skills in reading, writing, communication, problem solving, critical and higher-order thinking, technology, and math.
Entrepreneurship education stimulates creativity and encourage experimentation. It also builds motivation, confidence and resilience.
Entrepreneurship teaches kids about money. Everybody should be financially literate, because it will determine your financial practices in adulthood.
Kids exposed to entrepreneurship frequently express that they have more opportunity to exercise creative freedom and initiative, higher self-esteem, and an overall greater sense of control over their own lives. Yes, they truly believe that their dreams are within their sphere of influence!
Entrepreneurship education teaches interpersonal skills and teamwork.
Entrepreneurship education supplement school curriculum objectives with experiential real-world examples.
Teaching your kids the values of entrepreneurship will help them to learn about failure and not to fear it. More important, they’ll learn how to recover from it.
Cultivating entrepreneurship in the young is vital, as children are born imaginative, energetic, and willing to take risks, but without entrepreneurial education, the enterprising spirit of children dramatically declines over time and is almost non-existent by the time they graduate from high school.
The skills they learned in starting a business are the same ones that make people successful in life. Success in life is the sum of small efforts. Teach and encourage your children to make mistakes, fail at something, get solutions, believe in themselves, help others and take chances to overcome risks and start their journey to success.
Last, but not least, it creates awareness of business and have children consider it as career choice.