If your teens find their entrepreneurial spark early on, they’ll need all of the support they can get to become successful in the long run. Entrepreneurship is tough, especially for these little ones with little to no experience.
Here are some top tips for every well-meaning parent looking for ways to support their enterprising children.
1. Accepting your children for who they are
You probably have had some dreams for your children about what you’d like them to be.
Perhaps you’ve thought of them as academics, or you hope they’ll go into football. But now they’ve started gravitating towards entrepreneurship, different from what you’ve expected. Don’t go about grieving about this. Help them build their confidence so they can blossom freely. This will be needed for success as they pursue this passion of theirs.
2. Role modeling creativity
Children learn better when you show them, compared to just telling them.
As parents, the best way to help these little bosses develop their creativity is by being a role model to them. Maybe you’ll need to start feeling like a kid yourself, even as an adult. You can consider tapping into your hobbies and talents and let these kids have fun and tap into their inner creativity.
3. Helping your children with networking
Teens can benefit from networking too.
Business leaders are expected to be great communicators who are also socially comfortable. Your commitment to networking should extend beyond professional or career development.
Encouraging these little ones to network better with peers and other people will go a long way to help develop their self-confidence and self-belief as well as a sense of responsibility and connection to their team. All of these will be needed to help them succeed in business.
4. Encouraging curiosity in your teenpreneurs
leaders are great learners, so you want to make your teenpreneurs highly receptive to learning. That means you have to find a way to help stimulate their curiosity. You need to start encouraging questions and tinkering to provoke inquisitive thinking in these little ones.
Current events and even the smallest stuff around you can turn into a teachable moments that can spur critical thinking. Raising kids this way will help them develop their curiosity as well as excellent problem-solving and critical thinking skills, which are essential prerequisites for business success.
5. Assume a partnership role with their business
You’ll need to cross the bridge from being a parent to becoming a business partner.
That means you have to understand the business so you can provide support in your capacity. Let them know you’re a partner to help them succeed, and you can start having business meetings with them regularly. These business meeting times can be spent discussing what’s working and what’s not.
While you should allow them to try and fail, you should avoid being a nag. You should also help them set their goals and find ways to reward them when they complete tasks successfully, as a means of encouragement.
Kids these days don’t have to finish their education or acquire all the experience of this world before they can start their businesses. As parents, they deserve our support to help them succeed while they’re pursuing their passion.
Fortunately, the tips above will prove very helpful for every parent who wants to support their children in business so they can turn out to become great leaders, going forward.