We all know the importance of entrepreneurship to the economy, the job market and society in general. After all, entrepreneurs and small businesses add millions of jobs and dollars (not to mention some amazing products and inventions) to our market every year. The concepts of entrepreneurship are so beneficial, in fact, that we need to be sure to teach our children about it.
While it might seem like entrepreneurship is a bit advanced for a young child, the truth is, it’s a skill best taught early – when a person is still open to dreaming, wondering and trying anything.
It also comes with a slew of benefits. Learning the importance of entrepreneurship can give your child:
- Confidence and self-esteem – Entrepreneurship teaches kids that no matter their background or expertise, they can use the framework of entrepreneurship to do anything. That they can dream something up, build it, sell it and maybe even change the world along that way. This makes them more confident and apt to take risks as they grow older.
- A better foundation for academic success - Children who study entrepreneurship have higher test scores and more academic success than those who do not, according to The Consortium for Entrepreneurship Education. These children are particularly skilled in mathematics, science, business courses and more.
- More Creativity – Through entrepreneurship, children learn to brainstorm and hone their ideas into something tangible. They learn how to come up with unique and innovative solutions for the world’s problems and needs, which serves to make them more creative overall.
- A leg up in the professional world – Entrepreneurship can also make professional life easier down the road. First, it can lead to valuable connections and networking, which can mean internships, jobs and other opportunities. It can also allow your child to actually create their own job when the time comes – and even create other jobs in the process.
The importance of entrepreneurship is undeniable. It can benefit our country, our economy and most importantly, our children. Want to help your child learn the principles of entrepreneurship in a fun and interactive way? Consider a VentureLab entrepreneurship course today.
