How to Spark Your Child’s Inner Entrepreneur?

We at Gurukul The School, ranked among the best schools in Ghaziabad, firmly believe that every child has a hidden entrepreneur; it’s up to parents and teachers to help the child connect with his/her inner self.

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We’re living in an age that’s massively driven by innovation and disruption – a period where newer working and learning ways are replacing the age-old, customary paths. The only way for children to succeed in such a volatile environment is by connecting with their inner entrepreneur. This approach can boost their ability to think creatively, solve problems, embrace challenges as growth opportunities, and view the world with their unique viewpoint. It will also prepare them to face unforeseen situations and navigate hot waters mindfully. But how can kids connect with their inner entrepreneur? While there are countless ways, we at Gurukul The School, regarded as one of the best cbse schools in Ghaziabad, emphasize the following methods:

  • Nurture Their Creativity

No big business has ever been made on regurgitated ideas. If you research the world’s top businessmen, you’ll find a common string in all their success stories – their ability to think out of the box and venture into uncharted territories effortlessly. Hence, as parents, you should encourage your kids to think creatively because as you all know, a creative mind is central to innovative solutions.

There are various ways to reignite the creative minds of your kids, but we at Gurukul The School would like to recommend you to begin with simple tasks around music, art, storytelling, etc. For instance, you can encourage your kids to create short stories based on their imagination or artwork like Lego buildings. These are all creative expressions that help children approach challenges with inventiveness and originality, preparing them to face real-world challenges with a unique mindset.     

  • Bring Their Problem-Solving Abilities to Use

Helping children spark and polish their problem-solving abilities is instrumental in invoking their inner entrepreneur. Problems and unexpected challenges are part of an entrepreneur’s daily life. After all, it is the ability to navigate difficult situations effectively that makes an entrepreneur truly successful. Thus, if you want your kids to join the league of next-gen entrepreneurs, start exposing them to challenges from an early age. We understand that you, as parents, must be having an innate desire to protect your kids from discomfort or challenges. But trust us, if you really wish for their success, you must do the opposite to prepare them for an entrepreneurial journey.

Having said that, we at Gurukul The School don’t encourage intentionally throwing challenges your kid’s way. What we are suggesting here is to let your kids face whatever problems come their way. Of ‘course, you can always stand by their side for guidance, but letting them brainstorm solutions is recommended. Such experiences teach kids how to practically view roadblocks as opportunities and emerge successful in the end.  

  • Encourage Critical Thinking over Blind Abidance

We’ve all been conditioned to accept instructions without questioning. Such a form of obedience is often viewed as acceptable and normal. And why not? After all, nothing is seemingly wrong about it. However, if you want your kids to tap into their inner entrepreneur, you must teach them the art of questioning. When kids start understanding the rationale behind given instructions instead of sheepishly accepting any information thrown their way, they begin to evaluate information, analyze situations, and make informed decisions.

It protects them from falling into the trap of misinformation while guiding them to explore various perspectives/angles for the same situation. The easiest way to hone your kid’s critical thinking abilities is by engaging them in daily conversations around trending news, ethical dilemmas, or everyday situations. During these conversations, ask them to come up with different angles for each story and make reasoned judgments or arguments supporting their angles. It will teach them to approach challenges with a discerning mindset, make informed decisions, and evaluate risks & opportunities.

  • Introduce Financial Literacy at a Young Age

It has been seen that every successful entrepreneur has a strong foundation in financial literacy. We believe financial literacy is not only about being good at numbers but also about being excellent at managing resources using various financial concepts. Hence, parents who want to nurture their child’s entrepreneurial potential must teach them the basics of saving, budgeting, investing, etc., from a young age.

Even if your child is small, try involving them in real-world money management. Give them a fixed monthly allowance and ask them to plan their monthly spending wisely. Once they learn how to utilize a fixed amount to fulfill their requirements, start leveling up by throwing in unexpected expenses, like asking them to buy a book or a sports item. It will prepare them to accommodate sudden expenses within a limited budget allocation. All these skills will shape their entrepreneurial journey, leading them toward success.  

Conclusion

We at Gurukul The School, ranked among the best schools in Ghaziabad, firmly believe that every child has a hidden entrepreneur; it’s up to parents and teachers to help the child connect with his/her inner self. Even if you don’t want your kids to become entrepreneurs and take another professional route, the skills developed and polished during this journey will help them become more successful in their chosen area of profession. If you pause and analyze the present landscape, you’ll realize how it is driven by unpredictability.

Old ways of learning are no longer enough, and kids need additional modern-day skills/abilities to thrive and achieve sustainable success in every area of life. Helping them spark their inner entrepreneur can be game-changing. This is why it is important that you start taking the necessary action today. Begin by implementing the tips discussed in this blog post and see changes unfold over a short period.   

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