Options Not Obligations

Fun Entrepreneurial Ideas for Children

Starting a small business with your children is a great way for kids to learn financial responsibility, life skills, and build confidence. As a parent, it is your duty to teach your kids the importance of these things and take pride in doing so.

The number one key to getting your kids interested in entrepreneurism and financial responsibility is to make it fun. Before you begin a business venture with your children, remember these important tips.

Options Not Obligations

Have a “Curious Child?”

Dan Miller, author of "No More Mondays" and "48 Day To The Work You Love", has a very active blog. On April 27, 2009 Miller posted a message on the importance of encouraging one's children to live well, especially concerning their dreams for building their own lives.

William and Mary had three children, two girls named Kristi and Libby and a son they nicknamed Trey. Since William was a successful Seattle attorney and Mary was a school teacher they thought a career in law would be an appropriate pursuit for their only son as well.

Imagine their pleasure when Trey scored 1590 out of a possible 1600 on the SAT. His parents were thrilled when he was accepted into Harvard in 1973. But Trey had a hard time finding a clear focus for his studies and spent most of his time playing around on the schools computers.

According to Trey’s parents they were “sick when he told us he planned to leave college to take advantage of a window of opportunity he believed would be long gone by the time he graduated from Harvard.” Much to the dismay of his parents, he dropped out of school forever in 1975.

read the full post: Have a “Curious Child?”