{"id":125,"date":"2016-05-16T13:23:00","date_gmt":"2016-05-16T13:23:00","guid":{"rendered":"https:\/\/www.biznessvirgins.com\/index.php\/2016\/05\/16\/tips-to-nurture-entrepreneurship-in-children\/"},"modified":"2020-02-20T20:15:28","modified_gmt":"2020-02-20T20:15:28","slug":"tips-to-nurture-entrepreneurship-in-children","status":"publish","type":"post","link":"https:\/\/www.biznessvirgins.com\/?p=125","title":{"rendered":"Tips to nurture entrepreneurship in children"},"content":{"rendered":"\n\n\n\n
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photo credit : www.younge.co.uk<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

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1) Goal setting
-Ask children to list their top goals
-Pick the one that would make the biggest impact on their lives
-With a main goal to focus on,write them steps they require to achieve it.
– Encourage them to take the steps without delay<\/p>\n

2) Identifying opportunities
-Praise children when they identify little problems that affect them in their environment.
– Work with them to resolve these problems ,make sure they address it positively instead of just complaining about it.<\/p>\n

3)Financial literacy
-Make children earn money through chores,working in your business or running their own small businesses
-Teach them to pay themselves and give back to the society.
-Educate them on how their money can be invested to create even more money..
– Help them start an account and budget their income.<\/p>\n

4)Marketing skills
-Motivate children to observe marketing materials like billboards , banners…
– Quiz them on what gets their attention about the message on the materials.
– Encourage them to create marketing materials for their own business ideas.<\/p>\n

5) Understanding failure
– When children fail,discuss the failure with them. Let them understand how come they failed and ways to prevent it from happening in the future.
– Make sure there is a learning point for them.
– Encourage them to never give up.<\/p>\n

6) Effective communication\/relationship building
-Teach children to be polite and respectful.
-Practice maintaining eye contacts during conversations.
-During phone conversations ,teach them to speak slowly and clearly
-Teach them to not abbreviate when writing,make them know how effective that can be in passing a message across.<\/p>\n

7) Independence
– When children desire new toys,engage them in thinking of ways they can make the money to buy it through entrepreneurship;this will inspire creative thinking<\/p>\n

8) Leadership
-Encourage children to take up leadership roles in fun activities,school projects and small business projects.
-Allow them give small speeches at family gatherings and parties ; this will give them experience in leadership and public speaking.<\/p>\n

9)Selling
– When children engage in small business projects,let them price their products,sell to customers and record sales made<\/p>\n

10)Giving back
-Teach children to support charity\/ a special cause with a portion of income they generate.
-Let them know it is important to contribute to improving the lives of others<\/p>\n<\/div>\n\n

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photo credit : www.younge.co.uk 1) Goal setting-Ask children to list their top goals-Pick the one that would make the biggest impact on their lives-With a main goal to focus on,write them steps they require to achieve it.– Encourage them to take the steps without delay 2) Identifying opportunities-Praise children when they identify little problems that […]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_exactmetrics_skip_tracking":false,"_exactmetrics_sitenote_active":false,"_exactmetrics_sitenote_note":"","_exactmetrics_sitenote_category":0,"footnotes":""},"categories":[51],"tags":[],"class_list":["post-125","post","type-post","status-publish","format-standard","hentry","category-business-management"],"_links":{"self":[{"href":"https:\/\/www.biznessvirgins.com\/index.php?rest_route=\/wp\/v2\/posts\/125","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.biznessvirgins.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.biznessvirgins.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.biznessvirgins.com\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.biznessvirgins.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=125"}],"version-history":[{"count":1,"href":"https:\/\/www.biznessvirgins.com\/index.php?rest_route=\/wp\/v2\/posts\/125\/revisions"}],"predecessor-version":[{"id":694,"href":"https:\/\/www.biznessvirgins.com\/index.php?rest_route=\/wp\/v2\/posts\/125\/revisions\/694"}],"wp:attachment":[{"href":"https:\/\/www.biznessvirgins.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=125"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.biznessvirgins.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=125"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.biznessvirgins.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=125"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}