Importance of Learning Entrepreneurship in Early Teens
We all want the best for our children, but are we preparing them for the best? The future workforce is going to be a lot different than how it is today. In fact, we can already see a transition happening, and entrepreneurship learning is an important element of it.
Entrepreneurship not only helps in developing intelligent mindsets but also promotes positive life skills, innovation, and obviously, profit. Entrepreneurship education is gaining rapid momentum in schools as it caters to bring in a positive influence on employment opportunities and economic growth. Therefore, the need for an entrepreneurial mindset in kids and teens has become very crucial and fundamental.
Let’s focus on some of the really important points around the significance of having an entrepreneurial mindset in early childhood and teens:
The Future Workforce
The future workforce will have its challenges, and our kids need to be prepared for them. The nature of jobs is going to change drastically and we can already see a shift. Gig economies, freelancing, and various such concepts are going to gain momentum. PWC states that there is a possibility that in the next decade, there could be less than 10% full-time jobs. Therefore, an entrepreneurial mindset has become the absolute need of the hour. Those who prepare early go far.
Allow the Entrepreneur in Your Child to Flourish
People are still scratching their heads over the million-dollar question – Are entrepreneurs made or born? Well, there’s no definitive answer to that but there are students that show they have got what it takes to be a successful entrepreneur. If you see a desire in your child to do something big and chase their dreams, then provide them with a path that allows them to go ahead. Having an entrepreneurial mindset is something that is going to continue serving your child in their future endeavors.
Personal and Professional Growth
Entrepreneurs are just curious people who do not wait for others to take action. With an entrepreneurial mindset, one is more likely to take up challenges and opportunities and even not be afraid of taking risks whenever required. Understanding your belief system and being able to present it, as well as listen to the opinion of others leaves an impression on colleagues. It is an important trait that comes with having an entrepreneurial mindset. Enthusiasm is another trait that leads to being more social. It can help create more opportunities and build healthy relationships at the workplace.
Yes, Teenagers Can Be Entrepreneurs!
There are so many life skills we teach our children to help them function well in society. These skills can be kindness, patience, decency, diligence, and many more. We also use sophisticated language to be a good vocal influence on our children. Similarly, it is critical to invite teens into our lives and expose them to entrepreneurial behavior. You can talk business with them and share good ideas on business activities. This way they will learn the nuances of entrepreneurship and acquire an everlasting interest in the subject.
Heart, Smarts, Guts, and Luck
Self-awareness is significant for business success. This book by Anthony K. Tjan, Richard J Harrington, and Tsun-Yan highlights just that.
We need to teach our children to listen to their hearts. You can only train them so much. What eventually matters is if they’re doing what their heart desires.
Smarts’ elements can be taught. When kids go through failure and disappointments, they end up learning what it takes to reach the top. You have to recognize the pattern that allows them to blossom.
Guts is all about showing courage to initiate. The most successful entrepreneurs have been the ones who somehow managed to muster up the courage in their early teens to start out with a business or a small venture. Guts isn’t just about courage but also failure. When you expose yourself to failure, you give yourself a chance to succeed.
Well, luck is a tricky phenomenon. Though you can create your own luck by trying to build a network space that provides you with opportunities. Children need to be more kind-hearted, compassionate, and a bit brave. As they say, fortune favors the brave.
Final Words
Entrepreneurship is a lifestyle that we need to inculcate in our children. An entrepreneurial mindset is not just for a particular group of people, but whoever has it can benefit from it in one way or the other. Moreover, the future workforce is a big enough reason for us to prepare our children now.