Success Mantras for Kids – Bada Business

6 Valuable Entrepreneurial Skills You Can Teach Your Children

You must have heard the stories of many successful entrepreneurs who are just 6 years old or 12 years old and have started their own company or a YouTube channel and are driving growth with their amazing entrepreneurial spirit.

They know about “cause marketing,” “buzz marketing,” and “moment marketing.” Their business model is apt, and the strategies that they employ can surprise even seasoned marketing professionals. There is one thing that plays a key role in shaping a child’s mindset is the “Art of Parenting.”

Here is a list of six valuable entrepreneurial skills you can teach your children:

1. Help them see the greater possibilities

Entrepreneurs can look beyond what is obvious. They don’t limit their vision to what they already know is possible. They look at the bigger picture with a skilled eye. They assess the impossible and analyse what cannot be achieved and then find solutions to make it possible.

In short, entrepreneurs are not limited by the status quo, and neither are their children. Teach your children to never settle for less than what they can imagine is possible. You can also use this parenting strategy in business to achieve your goals.

2. Build Resilience

While successful entrepreneurs feel they are living the dream, it does not come without its share of challenges. So, to prepare your kids for future challenges, set an example. Your children are more likely to develop a stress response based on how they see you responding to a stressful situation. They often learn from and imitate their parents as they witness how their parents navigate the stumbling blocks in life and business.

3. Teach Them How to Handle Feedback

From parents to colleagues and peers to friends, feedback comes in all forms and from different media, whether or not we seek it out. A smart entrepreneur should be able to filter out the relevant details from the irrelevant ones. If your kid is involved with you in your business, this is a perfect moment to teach reasoning and the value of a positive mindset and attitude.

4. Teach them to evaluate the risk

People often say that an entrepreneur’s biggest strength is taking risks, which is true only to some extent. No human in his or her state of mind would like to make decisions without evaluating them. Learning to weigh the pros and cons, developing a strategy, and understanding the financial and emotional risks associated with doing something new are valuable life skills and beneficial regardless of whether your child becomes an entrepreneur in the future.

5. Money Management

Money is an important factor that can contribute greatly to building a startup from scratch. Teach your kids to never throw away or waste money, even if the amount seems negligible. Ten rupees may seem like a very small amount, but if invested wisely, it can multiply exponentially.

6. Being adaptable

Humans need to be adaptable. Entrepreneurs often find themselves in difficult situations, in unfamiliar cultures, and dealing with total strangers. Give your children space and situations that are not in alignment with their comfort zones. It will make them uncomfortable at first, but it will pay off as they learn key adaptability skills.

The best way to instil any ability in someone is to start teaching them very early on. Entrepreneurial skills are no exception. If you want to learn the secrets and various tips to prepare your kids for a brighter future, join our Free webinar ‘Art of Parenting & Success Mantras’ by Dr Vivek Bindra on July 10th, 2022. The webinar is full of useful information and is free for all. So don’t miss out on this opportunity!

Register yourself now: https://www.badabusiness.com/art-of-parenting/?pp_code=BHBB000078&ref_code=SocialMedia

4 Ways To Teach Your Kids To Become Entrepreneurs

Does your child have entrepreneurial skills? Here are four ways to teach your kids to become entrepreneurs.

While some kids have to be groomed, some kids are born with a natural entrepreneurial spirit. Most often, we have seen that some kids perform better at fairs and fates because of their creative bent of mind. By the time they hit nine or ten, they can be seen selling sports cards, pencils, candy, and gum to their classmates during recess.

By the time they hit their teens, they can be seen making the most of social media by monetizing reels for money. If you have ever seen the spark in your child’s eyes, then you must nourish their skills and make them ready for the future. Join our FREE-TO-ALL Webinar ‘Art of Parenting & Success Mantras for Kids’ by Dr Vivek Bindra—India’s best motivational speaker. The webinar will be conducted on July 10^th, 2022.

Here are four ways to encourage your children to become entrepreneurs:

1. Assist them in identifying opportunities

Entrepreneurs have an eye for details. They do not miss an opportunity and always find ways to approach a challenge with a creative solution. In cases where there is a problem that is not acknowledged, entrepreneurs spot them and find a way to resolve them. In cases where the problem and its solution already exist, entrepreneurs find distinct ways to make the solution better.

With your smart parenting skills, you can teach your kids how to recognize opportunities that lead to entrepreneurs creating a product or a service.

2. Teach Them Real-World Applications

The only constant thing is change. And a lot of times, people find changes to their distaste. Of course! Now, no one likes to compromise with their comfort zone. However, life is all about making things better. So, if your children express their dissatisfaction with something, encourage them to think of better ways. Start simply. If they come up with ideas that already exist, appreciate them, nonetheless. Just like you use your parenting strategy in business, teaching your children to spot opportunities and act on them will contribute greatly to the probability of their future success.

3. Let them solve problems.

To protect them, most parents often hold their children back. They often do not allow their children to think and make decisions. Instead, they take charge of making decisions, rushing to fix any problems their children may encounter and protect them from harm. But entrepreneurs often have to make decisions that are sometimes very difficult. So, children who are not used to making their own decisions might feel lost. Hence, let your kids face adversity so that they can make decisions independently.

4. Develop Patience, Acceptance & Resilience

Life is not a bed of roses. Instead, it is like a roller coaster where you will experience ups and downs. Because no one has ever learned to walk without falling, one should know that kids are eventually going to fall. What’s important is that they should know how to get back on their feet.

You must teach your children that failure and disappointment are parts of life. Every successful entrepreneur gets knocked down at least a dozen times in their life. They taste delightful success only by turning losses into victories. No matter if you are an adult or a child, entrepreneurship entails resilience.

Though there is much debate on whether entrepreneurial traits are the result of nature or nurture, research does show that encouraging cognitive thinking in kids will help them cultivate entrepreneurship.

If you want to train your children for a brighter tomorrow, do not forget to join our FREE-TO-ALL Webinar ‘Art of Parenting & Success Mantras for Kids’ by Dr Vivek Bindra—India’s best motivational speaker. The webinar will be conducted on July 10^th, 2022.

Register Now For Free Webinar: https://www.badabusiness.com/art-of-parenting/?pp_code=BHBB000078&ref_code=SocialMedia