August.4.17Children and Money
033114-b-real-finances-kids-money-spending-reading-newspaper
Money Matters with Nimi
0 Comments

“The National Company of the Year Competition 2016 is an opportunity for us to showcase the weight of potential that lies within these young minds and JAN’s role in grooming the next generation of leading entrepreneurs. This is a call-to-action for corporate stakeholders, teachers, youths, entrepreneurs and all who support the cause of empowering youths to become not just leaders but, conscientious leaders leading a vibrant economy.”
Mrs. Efua Edeh, Executive Director, JAN

_____

I am very honoured to have been invited by Junior Achievement Nigeria (@janigeria) to be a judge at the competition this morning.
The NCOY winner will represent Nigeria against other JA Africa member-nation companies for the title of JA Africa Company of the Year in Zimbabwe this December.

_____

It’s never too early to introduce your kids to entrepreneurship by fostering “Kidpreneurs.”

1. ALLOW KIDS SPACE TO BRAINSTORM

Some of the best products came from wild ideas, so don’t put your parental brain limitations on your kids, let them dream big.

2. COACH THEM ON GOAL SETTING

So that they have big dreams and ideas, show them how to formalise those goals with a paper and pencil, or typed out on their tablet. Focused goal setting teaches accountability

3. SUPPORT THEIR SUCCESSES, BUT MORE IMPORTANTLY, REDIRECT THEIR FAILURES INTO SEEING NEW OPPORTUNITIES

Entrepreneurs think different. Coach them when they fail or have set-backs to always bring a set of optimistic eyes to the issue to find opportunity.

4. INTRODUCE THEM TO A BUSINESS

Starting Your Kidpreneur writing their first businessplan now may sound extreme, however a simple outline will help them learn structure.

5. INVEST IN THEM

Support your kids startup dreams by investing in them. Don’t just give them money, assign dollar amounts for extra jobs your kids could help with around the house, go over the parameters just like a client and at the end, review their service. (From kidpreneur.org)

“Youth who are taught about entrepreneurship show a positive change in attitude and strong success orientation, and are more likely to be focused on academic and professional achievements, aspirations and leadership.”

The Harvard Graduate School of Education

Share This:

Leave a Reply

Money Worries
Book Review : A - Z of Personal Finance
Nimi's A-Z of Entrepreneurship
Subscribe to InstaVoice
nimi on radio
follow nimi