5 Milestones of Child Entrepreneurship Infographic

Critical thinkers, strategists, and creative problem solvers are becoming more and more valuable in the workplace. The age at which these talents should be developed, in our opinion as independent schoolteachers, is elementary school. Young people who stem entrepreneurial abilities will unquestionably start their careers out on a far more stable footing. Additionally, they’ll be more adept at navigating a company that is undergoing hasty transformation. We’ve compiled our top five skills for you:

1. Critical Perspective

When trying to uncover issues and answers, critical thinking replaces emotion and opinion with reasoned examination. It is possible to balance the benefits and drawbacks of various action plans and decide how to proceed using this method of attentive observation and analysis, regardless of the current situation.
In the world of business, critical thinking could entail sifting through data to determine why one product is more popular on the market than another. In order to select where to concentrate your growth efforts, you may need to compare your objectives in a certain sector with your inherent skills and deficiencies.

2. Alliance/Teamwork

The true spirit of entrepreneurship doesn’t live in sequestration. Instead, it frequently shows how several ideas and methods have been successfully combined. People coming together to address problems led to some of society’s greatest notable successes. Sharing thoughts and knowledge is key to productive cooperation because it rewards unconventional thinking rather than discouraging it. Teaching children to cooperate also gives them the confidence to express their ideas and beliefs and the humility to recognize that others have worthwhile contributions as well.

3. Creative Problem-Solving (CPS)

The CPS process is much more than brainstorming, which is a mistake we make frequently. A systematic method of coming up with a non-judgmental, unrestricted flow of ideas to answer a pressing query or problem is known as creative problem-solving. As a result, it calls for both divergent and convergent thinking. Divergence is the process of identifying the issue or problem and coming up with a number of potential solutions. Contrarily, convergence acts as a kind of funnel by taking those ideas and condensing them into results that can be put into practice.

4. Correspondence

Effective communication is perhaps one of the most important entrepreneurial abilities one can acquire. Given the prevalence of our mobile devices, it is far simpler to text, email, or snap than to conduct a face-to-face chat over lunch or to deliver a new product to an audience. Business entails telling stories. To convince an investor to take a bet on you, you must first have faith in the product or solution you are selling. Other areas of your life can benefit from this sort of good communication. Kids gain self-confidence when they learn how to express their thoughts and solutions. Success also creates confidence.

5. ‘Growth’ Mindset

The enemy of entrepreneurship is complacency. People all too frequently make the mistake of believing that something “just can’t be done.” We can overcome any challenge by focusing our efforts on progress, whether it be tradition, ingrained policy, cost, or another factor. In our endeavors, we always meet difficulties and hurdles. A growth mindset helps us become more resilient and encourages us to view failures and mistakes as learning opportunities.

source: https://academyofscholars.com/5-reasons-why-your-kids-need-entrepreneurial-skills/


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