10 Steps to Teaching Your Kids to Become Entrepreneurs

Corbis
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The art of giving back creates happiness

Why start a business if it doesn’t support a greater cause? It is important for your children to develop the characteristic of helping others. This attribute will allow your children to stay humble during periods of great success and it will give them the insight that a successful business provides benefits to more than just it’s owner. People that contribute to the success of others live happy and content lives.

How to teach: When brainstorming business ideas with your children, ask them to choose a charity or special cause to support with a portion of the income that they generate. Explain the concept that all great businesses contribute to improving the lives of other people.