Nature or nurture? It has long been a debate on whether people are born a certain way, or whether they become a certain way. I would argue that it’s a bit of both. We cannot deny that people are born a certain race because of genetics, and their physiological makeup. But talent,talent must be nurtured.
If a child is born gifted in a certain area, it will take nurturing to enable the child to live up to their full potential. So, what does this have to do with business and entrepreneurship? Children can be taught.
Over the years, I have worked with many entrepreneurs, and what struck me is the fact that they should have started younger. These are skilled people who would have had a greater chance of surviving in business if they were taught the basics earlier. Read on to hear more about the benefits of teaching entrepreneurship to kids.
1. They Have a Creative Edge
Young people have creative minds, which can often make great business ideas. One of our most successful entrepreneurs makes robots. He has mastered the technology, and used his imagination to create a unique product, so much so that he now teaches other children. Having a creative edge is necessary in business, because entrepreneurs need to be constantly evolving. Children are the masters of creativity, and teaching them entrepreneurship enables them to bring their ideas to reality. It’s encouraging for them, and it keeps us adults on our toes.
2. Helps to Teach Numeracy Skills
Maths is one of those things that you either love or hate. For children that dislike maths, teaching entrepreneurship is a great way to engage them with numbers in a fun and creative way. Learning about cashflow, budgets and how to manage money is something that is not fully taught in schools yet, but teaching entrepreneurship brings a realistic context to maths, which is vital.
3. Children Make Good Business Owners– Fact
The children’s market is huge, and cannot be underestimated, and who better to understand the children’s market than children themselves? People sometimes don’t take children business owners seriously, but there are many examples all over the world where children have built solid, profitable businesses. They can bring ideas to market with speed with the right support, and their enthusiasm sells. We simply cannot ignore how easy technological advances have made it for young people to grow and develop businesses, and it’s something that should be encouraged.