how to develop the entrepreneur in your child

there are various ways how a child can pick up the skills of business

in a family environment

in a school

entrepreneurs see problems and try to come up with solution , here is how to help your child develop that skill

think outside the box .. encourage them to find new ways of doing things .. if there is no clear solution , encourage them to find a new one

treat failure as a learning experience

if your child asks you for something , ask them to come up with a good business plan and a good reason why they need it ( an elevator pitch – the summary in 1 – 2 minutes )

let the children make decisions

brainstorm on problems together

teach them problem solving – breaking down problems into smaller pieces and then solving them