Entrepreneurship for Gifted Kids and Their Parents
Why and when should gifted children be exposed to entrepreneurship? Some children display an entrepreneurial spirit at a very young age and may seek out resources to nurture their innate talents. Some of the world’s most successful entrepreneurs showed signs of interest when they were considered too young, but through early failures and successes were able to not only reach but exceed what others thought was their full potential.
There are skills associated with entrepreneurship that may benefit gifted kids. These skills may be some they already possess, but not appreciated; such as following the path less traveled, acceptance of risk, and thinking outside the box. Beneficial skills associated with entrepreneurship include leadership skills, people skills, problem-solving skills, creativity, etc.
There are questions which can be asked to foster entrepreneurship. The age old question, “What do you want to be when you grow up?” can be enhanced by asking, “What are your goals? What do you hope to accomplish? What do you imagine your life will be like in 5, 10 years?” Fostering entrepreneurship can be as simple as asking kids “what are your dreams?”, “what do you aspire to?”, “what would your ideal world look like?” We must also ask gifted youth what they feel they need to reach their goals; training, resources, mentors?
How do we teach kids entrepreneurship? What’s involved? Entrepreneurship involves many core skills such as ideation, cross-cultural competencies, and design thinking. It must be coupled with a deep understanding of economics, an openness to collaboration (virtual and in real life), and an innovative mindset.
Entrepreneurship education must incorporate a basic understanding of social responsibility early in the process; learning and understanding what real consequences of one’s actions can have on society. By creating authentic learning environments, students can realize how their actions can affect the world around them; that they can make a difference in the world for good.
Parents can have a profound effect on their child’s entrepreneurial spirit by responding to failure in a positive manner and encouraging resilience/determination to overcome adversity by trying again. They can support their child’s interests by seeking out mentors for them, exposing them to new experiences that match their interests, guiding their children toward resources that can inspire them to be successful.
A transcript of this chat may be found at Storify.
Global #gtchat Powered by the Texas Association for the Gifted and Talented is a weekly chat on Twitter. Join us Thursdays at 8E/7C/6M/5P in the U.S. and Fridays at 2 PM NZST/Noon AEST/1 AM UK to discuss current topics in the gifted community and meet experts in the field. Transcripts of our weekly chats can be found at Storify. Our Facebook Page provides information on the chat and news and information regarding the gifted community. Also, checkout our Pinterest Page and Playlist on YouTube.
About the author: Lisa Conrad is the Moderator of Global #gtchat Powered by TAGT and Social Media Manager of the Global #gtchat Community. She is a longtime advocate for gifted children and also blogs at Gifted Parenting Support. Lisa can be contacted at: firstname.lastname@example.org
Let’s Raise Kids to be Entrepreneurs (YouTube 2:15)
Graphic courtesy of Lisa Conrad