Harry Wong
Oct 2017
Vol 14 No 3

Fostering a spirit of Entrepreneurship in Young Children

By Teachers.Net News Desk

The following was posted on a Teachers.Net chatboard by Edvectus

When we think about entrepreneurs, several images might pop up. Maybe you are thinking about a tech guru in Silicon Valley or maybe you are thinking about the mom  and pop store at the corner of your street – regardless of the business model that comes to your mind, these entrepreneurs are probably all adults. With the ever changing landscape of the labor market and technological advancements which are changing the way we work, there is now a whole movement behind children entrepreneurs. Research shows that by 2020, 40% of the workforce will be self-employed.

There are now courses designated by some top universities across the US specially for children between 5 years old up to 12 years old, to teach them principles of entrepreneurship, foster in them new business ideas and even help the children present their ideas to real investors.

Why teach children from such a young age about business? Well, there are a few good reasons. Children develop good social values by learning how to create value and then give back to the community or society; they learn about different technologies and business principles which help them learn financial literacy such as saving money, budgeting or even investing. Ultimately, it builds a great habit in young children of creative thinking which helps them recognize opportunities in life.

Here are some interesting resources for teachers who are interested in fostering entrepreneurship in children:
1. Educational camps aiming to introduce, inspire and encourage young people to enter and succeed in technical, creative and entrepreneurial fields.
2. A premier source of classroom-tested, Internet-based economic and personal finance lesson materials for K-12 teachers and their students.

Have you heard of entrepreneurship for children before and have you taught related content in the classroom? We would love to hear more about this new approach.



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This entry was posted on Saturday, October 1st, 2016 and is filed under *ISSUES, October 2016. You can follow any responses to this entry through the RSS 2.0 feed. Both comments and pings are currently closed.
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