What Kids Can Learn from Entrepreneurship

Updated: Apr 1


December 15th, 2021



David Peachment












 

What Kids Can Learn from Entrepreneurship


What do you think of when you consider the word “entrepreneur”? Do you think of a 20 something guy named Kyle who’s trying to make it big on Instagram? Or do you perhaps picture a small business owner that’s trying to carve out her own living? Whatever you consider, kid entrepreneurs probably aren’t at the top of your list. But they exist! Kids that, during non-school hours, start their own small business. Mowing lawns, shovelling snow, babysitting, creating a YouTube channel, developing websites, and the list goes on. The options are endless for a child to start a business and become a little entrepreneur. But why should they? I hope to detail a few reasons for being an entrepreneur that will help a kid grow in some crazy unexpected ways! I myself was a bit of an entrepreneur growing up. I always tried out new ideas, products, and services to develop. Going through the process taught me some incredibly valuable skills.



Resilience


The first skill that I want to touch on is resilience. Being a small business owner is hard. Very hard. Rejection, disappointment, critiques, and hard work will all be faced. Through the process of trying to perfect a product or service, kids will develop in themselves resilience and a strong work ethic. Life will throw many disappointments and hardships their way. Being able to push through the hard times and learning the skill of resilience will carry them forward very far in their journey.

Critical Thinking

Another essential skill learned is critical thinking. To create something that people will want, ideas will have to be tested and solutions implemented. G