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Should You Continue Supporting Your Child’s Business If They Are Failing School?

May 20, 2021

Juggling school and business ventures is not an easy feat. Even adults pursuing a degree while managing their own company would find this challenging. What if kids are in this kind of situation?

Even if you’re a parent manager keeping a close eye on your child’s educational and business progress, there will always come a time when they hit some lows. For parent managers, business failures are part of the journey. But what do you do when your child is failing school? Should you still continue investing in their business?

Why Kids Might Be Failing in School

To get to the root of the situation, one thing parent managers must always remember is to first consider the reasons why a child might not be doing well with their academics. It’s easy to assume that it might be because of the business, but unless you ask them, you will never know for sure, which won’t help you solve the problem.

Having a discussion with your child will give you a better idea of what’s happening, but it is important to note that parents should avoid being reactive and should instead make their child feel that they are ready to listen. Only then will a child feel secure in opening up and revealing what might be causing their slump.

That said, here are some reasons that could cause a downward slide in your child’s academic performance.

Lack of Interest

It’s an inevitable fact that some kids just aren’t interested in school, finding the typical setup too boring or formal. However, this doesn’t necessarily mean that they’re poor learners. It only means that they might find a different learning environment or style more suited to their interests or skills.

Poor Time Management

Not managing their time well might also be a reason why your child is failing school. They might be spending too much time on the business or other extracurricular activities instead of their academics. It might also be the case that they’re struggling in one subject and end up spending more time studying for it and neglecting the rest.

A Major Event Has Happened

Any big changes in your child’s life or routine can disrupt their time for studying. If you’ve changed homes or schools, your child might need more time to adjust to the new environment, which can affect their focus at school.

Be Attentive

Often, it’s too late when parents discover that their child is failing in school. One good way to prevent this is to be attentive and sensitive even to the smallest changes in their behavior or routines. Telltale signs that your child might be having a tough time is if they constantly avoid talking about school, are misbehaving, or suddenly have a new set of friends or activities.

Have an honest, open discussion with your child. Ask them questions but take care not to make them feel as if you’re accusing them. Once you’ve gained enough information, only then can you make a decision about whether or not you should still continue investing in their business.

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Previous Post: « Top Qualities and Skills You Would Want Your Child To Have as a Leader
Next Post: How to Teach Your Kid to Become an Entrepreneur Through Travel »

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avatarI am the mom of 5 amazing game changing moguls, a brand strategist, mentor; fake cook and crafter. I love life and I am committed to supporting the parents of biz kids and young moguls who are challenging the status quo and paving the way for change and new conversations. Let's dig deeper →

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Young Mogul News Network

What happens when family doesn’t believe in your vision

Most entrepreneurs and visionaries have a strong support system to encourage their dreams. Their cheers and words of affirmation are ...
Read More
July 23, 2021

How do you keep your young mogul MOTIVATED in their business?

All the paperwork has been filed, you’ve had a blast creating the product, building the website, and attending vending events ...
Read More
July 9, 2021

How To Create SOPs in Your Child’s Business: Simply and Easily

How do you keep your young mogul MOTIVATED in their business? Working with your child may be one of the ...
Read More
June 7, 2021

How to Teach Your Kid to Become an Entrepreneur Through Travel

"Travel is the only thing in life that makes you richer." There are many ways to interpret this quote. But ...
Read More
May 28, 2021

Should You Continue Supporting Your Child’s Business If They Are Failing School?

Juggling school and business ventures is not an easy feat. Even adults pursuing a degree while managing their own company ...
Read More
May 20, 2021

Top Qualities and Skills You Would Want Your Child To Have as a Leader

Raising a mogul can be challenging for us parents, especially if we’re caught up with running our own businesses. However, ...
Read More
May 14, 2021

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