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Is Your Child A Born Entrepreneur? Here's How You Can Tell!

Business & Investments
November 24, 2019
By
Ami Ciccone

Have you seen other kids selling candy, sitting in their makeshift shop around the corner of the street you take every evening for a walk or handling a small hot dog parlor near the mall? You might not have observed them too frequently, but yes, they do exist. Their entrepreneurial skills might overwhelm you, making you wonder how that is possible at such a tender age. Well, some kids are born entrepreneurs and they start displaying their traits pretty early. Have you ever noticed similar characteristics in your kids, too? Here's how to tell you whether your kid is an entrepreneur in the making.

Bored With Playing Other Kids or Chatting With Grandpa

Does your kid find it boring to play with the kids in the neighborhood or just sitting idly beside their grandfather and chatting throughout the day? This trait is different from the one that you usually observe in today’s kids. It implies that your child prefers not to follow the same path and do something that their friends haven’t thought of trying.

If your little one is intrigued about the developments in society, expresses curious about the environment, and wishes to do something different from the other kids, he might possess entrepreneurial skills. Talk to them about their ideas, ask them to jot it down, and see how you can guide them in making their dreams come true.

They Look at Things Differently

As discussed earlier, some children are always special and don’t prefer to tread on the same path as other kids their age. Their approach to certain things is beyond what their friends can comprehend. For instance, does your kid understand customer - business relationships? Do they have inputs on your financial investments? Do they realize what the salesman you are dealing with aims to benefit from you? These are things that kids find unfathomable, but if your little one comprehends it all, you probably have a budding entrepreneur in your house! Keep your eyes open.

Developing Project Ideas Constantly

Kids having entrepreneurial skills would focus on the problem at hand and wouldn’t bother about what’s going on around them. If your kid realizes when to multi-task and when not to, they are all set to be successful entrepreneurs in the future for sure. Aside from that, developing different project ideas simultaneously is not a job every kid can do.

In case your child is an expert in that, you must not have an iota of doubt in your mind regarding what they are capable of.  They can set up a baseball card business and before allowing that to thrive, they might be dealing with how to sell t-shirts. Such talents are really rare.

They Develop A Better Concept Of Money From The Beginning

It’s not easy to grasp the concept of finance as a child. If your kid understands the value of money and knows how it works, he or she has the potential to make a mark as an entrepreneur. Willingness to wait an extra month for that toy or the Hot Wheels Racetrack could indicate they understand how patience can lead them to greater success. That’s a perfect example of having the quality of a business person. They are aware of the fact that that it takes time to earn money and are confident that what’s due will eventually reach their doorstep in the due course of time.

Their Entire Focus Is on Issues That Concern Money

Does your child always makes the most out of the available resources? Is your daughter constantly on the lookout to rake in more required to complete her Barbie Dream House? Is your son on the hunt to add more to the collection of his favorite Hot Wheels collection by following simple money-savvy tips in managing his allowance? Be confident about your kid’s abilities to be an accomplished businessperson one day.

Whatever it might be, parents need to encourage their little ones and support them in their endeavors. If your bundle of joy displays the above discussed entrepreneurial characteristics, encourage them and allow the seed to germinate. You never know the kind of fruit that might grow on the branches. Who knows? Your child might be the next Jeff Bezos!

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