Deep down, nearly every one of us wants to be an entrepreneur. However, forgoing your weekly paycheck to follow your true passion takes lots of self-confidence. Many of us lack that confidence. Therefore, a great portion of our lives may be spent working to build someone else’s wealth.
Encouraging entrepreneurship within your children can teach them to be:
- An effective leader
- A strong decision maker
- Confident in their ideas and ability to succeed
Raising an entrepreneur is more than telling your child to make money; it’s about telling them to go against the crowd and follow their own intuition. Since many parents have been instilling this sense of confidence in their children more in this millennium, the sight of self-made wealthy teens is becoming more and more common.
When encouraging entrepreneurship within your children, the only thing you have to fear is the embarrassment of declaring that your 15-year-old son earns a higher yearly income than you!
Meet Cory Nieves
At 6, Cory had an ambitious plan: Sell hot chocolate in his Englewood, N.J., neighborhood, and save enough money to buy his mom a car. Nieves sold Swiss Miss for $1 a cup. When he sensed an opportunity for more substantial treats, he started searching online for the perfect cookie recipe. After three months of baking with his mom, Nieves bit into what he thought was the perfect chocolate chip cookie. The recipe was a hit. “That’s when we knew we had a business — when people started taking our cookies seriously”.