How to Spark Up your Child’s Entrepreneurial Spirit

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Setting your Child’s Entrepreneurial Mindset is never too early.  Almost every day we set their minds to an employee mindset, sometimes we just have to become more intentional in teaching them about money.

You don’t believe me?  Just think about all his/her toys.  Does it promote business mindset? Or you have more toys and activity for him/her that is setting him up to be an employee or self-employed professional?

I have an announcement to make.

 

My 3-year-old-toddler is now an Entrepreneur!

 

My toddler likes watching cooking and baking kids on TV.  So, what we did is, we baked real cookies and set up her own Cookie Business. We call it: Cookie-Pa-Tati, since her name is Tati.

I gave her first “puhunan” (investment) and some from the money she got from her recent birthday celebration.

 

Let me tell you what happened during our Play:

  1. She baked her own cookies, with mommy’s help (my help).

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  1. She decorated her box with daddy’s help (we are already teaching her about “Branding” this early).  She even drew the designs in her box and put some stickers on top.2

 

  1. She sold to our neighbors with Ate’s help.

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  1. Get her first payment and put it in her wallet.

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  1. We posted it in Facebook and some of our friends even ordered online.

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  1. The 2 boxes left, she sold using her trolley outside (lako style).

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From the activities we did, here are the lessons we all learned:

  • It is our obligation as parents to teach our child to be an entrepreneur and not only an employee in the future.
  • Asking your child what she wants to become must include more options as she can possible get and these options are what we are providing for them as parents, by exposing them to many experiences as they can possible get.
  • It’s a fun activity with your child. Makes her feel a glimpse on what is earning money is all about.  She may realize this even better as she grows older.  For now it may be just for fun for her.  But who knows?
  • It’s a perfect opportunity to know more about your child. It gives you a glimpse on who she wants to really become in the future.
  • For Tati, I am hoping that she will also learn to value “salesmanship.”  Selling something is nothing to be ashamed of. Selling something is almost always the beginning of entrepreneurship.

In my own experience, I learned “salesmanship and entrepreneurship” when I was in Elementary from my sisters.  We would make “yema and pulvoron” and sell them to our classmates.

Incidentally, today, me and all my siblings are not employed.  But we run and owe our own small businesses.  One sister of mine is on food business, my brother is in technology business, setting up CCTV cameras and two of us are in financial industry business.

 

There is nothing wrong if my child would want to be an employee or self-employed professional in the future.  I am only providing her that option that there is a world of entrepreneurship where she can be the boss of her own business.

In the end, it is still really up to her.

Just have fun with your kids while teaching them this vital lesson.  Choose appropriate activities depending on their ages.  Be creative!

Remember, the “teachable moments” need not to be always in classrooms.  Those moments often happen at home while playing with you.

 

Have you got other creative ideas on how to teach your child entrepreneurship?  Please comment below and let us help other fellow mommies and daddies. 

 

 

Helping you teach your children,

Dr. Pinky Intal

 

 

 

 

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Doc Pinky is a licensed Medical Physician, Internationally Registered Financial Consultant, Certified Investment Solicitor and Associate Wealth Planner and Estate Planner of the Philippines. She loves to educate and spread financial literacy. She is a Lactation Consultant. She loves to travel. She is a devoted wife and mother.

2 thoughts on “How to Spark Up your Child’s Entrepreneurial Spirit

  1. Cherry

    Big help doc Pinky! 🙂

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