For those who have children, are you missing the opportunity to develop entrepreneurship in your kids? Are you encouraging them to learn the basics of making money online and building their own income?
Most kids are already on the Internet listening to music, playing games and interacting with their friends and other people their age. Wouldn’t it be great if they spent more of that online time building their future and learning how to create their own business?
I found several websites that are ran by or were created by teens. These young people saw a need for catering to their peers and have built very successful websites by doing so. You can find links to those sites at the end of this post.
Benefits of encouraging entrepreneurship in your children:
* Learn to be self-sufficient – They can be their own boss and not depend on others for their livelihood.
* Build effective leadership qualities – It will teach them leadership skills so if they later decide to enter the job force they already have experience in leading a team.
* Decision making – Running their own website or blog will help them to learn how to make smart decisions in the business world.
* Build confidence – Running their own successful website will give them the confidence they need to go for bigger and better things in life.
* Success mindset – They will develop the mindset of being successful and taking risks that other people their age might not take.
The average parent teaches their children to make good grades in school and to attend college so they can secure a good job. As successful bloggers we know this is not the only way to secure our future. In fact the educational system usually leaves a young person pretty deep in debt by the time they graduate college. It doesn’t have to be that way. There is nothing wrong with a higher education, but wouldn’t it be better if they were running a successful business of their own to help cover the costs of college?
As bloggers, we also know the startup costs of a website are extremely low compared to a traditional business. The potential to make money can also be greater than that of a traditional business.
Lessons to teach your child about business and entrepreneurship:
* Any idea can be a good business idea.
* Research all ideas to see if the market is in need.
* Follow through with the idea before giving up too soon.
* Failure is a learning experience; not the end of the world.
* A profitable business requires work and testing results.
* Creativity goes a long way with a great idea.
* Being innovative will push you ahead of competition.
Remind your child that some business ideas can lead to great success, while others provide an incredible learning experience. Some ventures will prove to be highly profitable, while others may only produce a few dollars. The key is to teach your children to be resilient and keep moving forward toward their dreams.
If your child’s business ideas succeed, continue to encourage them to seek greater levels of success. Along the way, continue to promote self-sufficiency, independent thinking, and confidence. With these three traits, young bloggers have a better chance at success than other people their age.
Websites started or ran by young bloggers:
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