A Step In The Right Direction - Showing Kids How To Earn Their Own Money
On the blog at RaisingEntrepreneurs.org, Jenny Ford posted this on her blog:
Rich Schefren took a step into my world last week, when he went to talk to a group of five-year-olds about business - and according to Rich, he was “Shaking In My Boots”!
It can be daunting, trying to break down complicated business ideas into terms kids can understand. Especially if you have learned business through years of experience, or at university-level academic institutions, or both. The gap between your understanding and the world of a child seems almost infinite.
The truth of the matter is that it can be done. Parents are doing it every week, using the Cash-Smart Kids program.
I left a comment on Rich’s blog post, letting him know about the program - I wonder if he will come and check it out?
At his blog post, “Shaking In My Boots” you can download the gorgeous ads he had these 5-year-olds make to convince their parents to buy them things. Imagine how much more powerful it would be if they also included a business plan as to how they would earn the money to pay their parents back for the purchase?
Well, it’s just great to see entrepreneurs sharing their business knowledge freely with the next generation. Sure when your own kid is only five, they still seem like a baby, but five-year-olds are quite savvy in many ways.
Kids are quite capable of understanding complicated financial concepts, if they are explained in simple language. Jenny left a comment on Rich’s blog explaining that passive income and anti-competitive practices are on the curriculum for even the youngest kids in the Cash-Smart Kids program.
You can see from the entries in the video competition that young kids take to business like ducks to water (although not all of them are polished public speakers!) - but little Rhiannon, in Monday’s post, is just a charmer. If all of Rich’s 5-year-olds keep on the path he pointed them on, they will all be like Rhiannon in a few years. And then we can sleep at night, knowing the world will be in good hands when we retire …
Filed under Internet Marketing