Parenting Lessons from an Entrepreneur

“Being a parent, like running a business, is challenging. But being an entrepreneur can actually give you a leg up. Entrepreneurs are resourceful, creative and intellectually curious by nature, and sharing entrepreneurship’s unique set of principles with your children can help them succeed in the new economy.

Many successful entrepreneurs start quite young, launching their first businesses before they turn 21. With entrepreneurship growing and the cost of starting a business decreasing, it’s reasonable to assume the next generation will start even earlier. So, instilling your entrepreneurial values in them now will give your kids a real head start.

Creating an entrepreneurial legacy
Because you are an entrepreneur, the tone of your conversations will naturally be different from those of other parents. As with any values, your kids will organically absorb your entrepreneurial ethos just by seeing how you live and work.

However, if you want to drive home lessons you’ve learned along your entrepreneurial journey, incorporate these six attributes into your children’s daily lives.

1. An action orientation. Most entrepreneurs don’t write business plans. Instead, they take action on an idea, preferring to see where it leads and adjust in real time. Parents who lack an entrepreneurial mindset might overanalyze, unknowingly teaching their children to avoid risk-taking, which is fundamental to entrepreneurship.

Read the full post here.