How do you get kids ready to become entrepreneurs? The classic answer, of course, is the lemonade stand: Encourage your kids to start a homespun business instead of just bugging you for money. But entrepreneurs and educators say the real solution goes much deeper than that. There are crucial psychological traits an entrepreneur needs to succeed, they say, and parents should help kids develop them at every opportunity.
I wonder how much an effect the fact that both Wendy and I are self-employed will have on our kids. As this article suggests, I hope that it gives them some sense of the possibilities to create their own livelihoods.