How To Raise a Successful Entrepreneur

Successful entrepreneurs are not born; they are made. While there are characteristics and traits that may seem to be of genetic inheritance, more often it is the environment individuals grow up in that makes them the entrepreneurs of today. How does one raise their child to have the qualities of entrepreneurial geniuses? Here are five possible ways.

1. Treat them like adults from young

From a 21-year-old Harvard dropout to forming the world's largest software behemoth, Bill Gates mentioned in a Q&A session with his father, Bill Gates Senior, that having parents who treated their children like adults helps.

Often at the dining tables, both of Bill's parents would talk about topics that they cared about most, as if their children were capable of understanding.

Such exposure allowed the building up of Bill's confidence and character when he had to sell to people 20 to 30 years his age in his earlier days with Microsoft.

2. Expanding their worldview

A person's worldview is perhaps one limitation that prevents them from trying out new things in life. In this case, the starting or building up of businesses from grounds up.

But as the worldview of a person expands, imaginations become closer reality.

The solution then is to allow individuals to have exposure to the area of entrepreneurship; allow them opportunities where they are able to read up books such as autobiographies and interviews with self-made business owners to eventually conducting them on their own too.

3. Education and networks

From teachers with backgrounds as high-ranking officers in conglomerates to speakers who are first generation startup successes, tertiary education is perhaps one of the most important times of a young adult's life.

Going beyond books and lectures, one can also find the time to consult speakers on topics that interests them, such as pitch their ideas in tiny bytes asking them on how they would have gotten things done given the resources they had when they started out small.

The words that a speaker shares through his or her experience are an assurance that any problem that a new entrepreneur is facing can be solved.

4. Encourage questions

An important task is never to berate others for asking questions. That might just build up a wall of fear in the individual asking.

No questions that are ever worth one's time asking are dumb.

Instead, encourage one another to ask questions. If the questions posed weren't specific, what one could do is to help the person rephrase and reframe to an angle that can be answered with clarity.

5. Let them be

Back to the article on Bill Gates, his dad once told of a story on how Bill's rebelliousness and headstrong attitude had got him to seek a counselor's help on what to do with his son. One strategy that he recalled the counselor saying to Gates Senior was to understand that the child is going to win, and let him be.

Relationship between the parents and Bill improved, and ultimately made him into the leader he is today.

Sometimes the best way is to just allow the person to work on his or her creative desires. Allowing them, even if he or she may be a friend, co-worker, or family member, to work their way out without trying to mold or conform them to a certain path that you had wanted them to go through.

They may just bloom, prosper and become a success story on their own. They will thank you for it.

About the Author: Daniel Richard is a blogger, author, and runs a few web businesses. You can find him on Twitter here

Related links: Daniel Richard, Bill Gate’s Q&A session with his father

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