How To Raise Entrepreneurial Children
As parents, one of our biggest hopes is that our children live better lives than we do. It’s the whole goal of our podcast: creating generational wealth and habits that will nurture a brighter, more financially stable future.
Above all, the best thing we can do for our kids is to teach them the tools they need to succeed. Perhaps the most important of these tools is an entrepreneurial mindset. Join us, the Rainmaker family, as we chat with Jasmyn Yu about nurturing your children’s natural imagination and turning those ideas into wealth.
To learn how to boost your family’s wealth, join us through the Rainmaker Family Challenge.
Be the Role Model
As a parent, one of our biggest strengths is our status as a motivator. Whether we realize it or not, we are the role models for our children. They learn about the world by seeing how we, as adults, interact with it.
Be the best role model you can be! Show your children that working hard can pay off and let them enjoy the fruits of your labor. Teach them early and involve them in business activities. Even small lessons can lead to big breakthroughs.
Let Them Learn About Failure
Another important aspect of being a role model is being able to model proper behavior in unpleasant situations. While we may be naturally inclined to hide our negative feelings from our children, this isn’t always the best thing to do. Instead, when we experience failure or disappointment, we should let our children know.
When our children experience failure, we also need to be present to them in the moment. No matter how insignificant it may seem to us, their failures are big to them! It’s an important opportunity to teach them how to navigate our world and, more importantly, learn from their mistakes.
Nobody wants to see their child fail, but everyone loves to see their kid succeed! We should praise their successes just as much as we embrace their shortcomings. Even the tiniest breakthroughs, such as saying a word or taking a step, should be recognized. This teaches children that it’s okay to push boundaries and step outside of their comfort zone.
Perhaps one of the best moments of growth we, as parents, will ever see is the application of skills we have taught our children. When a child learns and takes a teaching to heart, it’s a moment of true achievement for both us and them!
Remember: it is our job to make sure the next generation has all of the tools they need to be successful.
Include Your Kids
As a family, we Rainmakers do many things together. Business is no exception! We love to include our son, Kaizen, in many of our business activities. From having a say in a small decision to sitting pretty for a commercial, our son is our world! Every moment we share is a chance to show him that hard work pays off.
That’s why it’s so important to include your kids whenever you’re working on something. Even if it’s a small choice, such as picking a word in an email, that moment of learning will become an important part of their worldview.
Let Kids Be “Big”
Another neat aspect of including children in “big kid” activities, such as business, is the opportunity to expose them to new and relevant experiences. A moment on camera during a business meeting teaches them about professionalism. Choosing a word or phrase in an email helps them with their professional vocabulary. Getting to put a finishing touch on an advertisement or poster lets them grow their creative muscles.
No matter how you manage to make your child part of your work, the outcome will be the same: they will learn the value of working hard and constantly growing. These moments let our children feel important and heard, which builds their confidence for the future.
Not all of the work includes our kids, though! We, as parents, must also be willing to learn and grow. Raising a child, much like running a business, is a process. There are constant changes and hurdles to overcome, and it’s our job to understand how to approach them. Whether we’re learning about teenage drama, dealing with schoolyard bullies, or trying to improve our business, we need to be open to change.
If you’re ready to make that change and be the best you can be for your children, then it’s time to take the Rainmaker Challenge! This weeklong boot camp gives you all the tools you’ll need to create a continuous stream of passive income, so you can focus more on your family and less on work. It is personally hosted by us, and seats are limited, so sign up now to reserve your spot!