Raising Entreprenuerial Kids

As parents, we don’t completely understand that we are raising these creatures to leave us. They have to. But you don’t get that until it happens. – Julia Louis-Dreyfus.

When you are in the trenches of parenting, it feels like it will last forever, but then, poof! One day, your kids are grown and out of the house. And you mourn the time when you felt like you couldn’t catch a break.

As Julia Louis-Dreyfus says, “we raise these creatures to leave us” and a big part of raising successful children who can leave us, is the fostering of their entrepreneurial spirit.

There are many desirable qualities that constitute the entrepreneurial spirit: independence, adaptability, risk-taking, resiliency, creativity, curiosity, among others. These qualities, though mostly innate, can be nurtured through encouragement and example. Setting an example is one of the most important things a parent can do to nurture an entrepreneurial mindset.

Last weekend, I stopped by my sister Deirdre’s house. She was outside with her daughter, Nora, having a driveway sale. Deirdre is the epitome of a parent who leads by example. Nora is in the 3rd grade and this spring marks her second year in business with her mom. Together, Deirdre and Nora browse thrift stores to look for vintage vases that they can re-sell, with flowers or plants that they purchase for cheap at Produce Junction or cut from their garden.

One cannot minimize the value of their little cottage industry. Nora is as invested in this business as is Deirdre. The positives are numerous: Nora is learning the value of earning money through work; she is earning the reward of selling beautiful things that brighten a person’s day (and seeing their reaction) and she is learning resiliency. As in any retail business, there are good days and there are disappointing days. Sometimes, hardly anyone stops to buy what they are selling – that doesn’t deter Nora and Deirdre from showing up. Another important benefit of their entrepreneurial pursuit is the time spent together.

Deirdre is an expert in the field of gig-economics. In addition to her business with Nora, she earns a living by singing at weddings and funerals, is the lead singer in a rock band, performs as a sole cabaret singer, and, as a member of Artists Equity, she directs, choreographs and stars in local theatre productions.

We are raising our children to leave us.”

Every parent knows this. It is a gut-kicking, hard truth.

But when we raise our children to have entrepreneurial mindsets, we can take comfort in knowing that we are raising them to lead the most interesting, independent life available to any of us and as Deirdre shows us, we can have fun doing it.

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