3 Magic Seeds: How to Teach Your Children the Entrepreneurial Spirit

by: Stephen Palmer Thursday, January 28th, 2010

3magicseedsactonfoundation-177x300 3 Magic Seeds: How to Teach Your Children the Entrepreneurial SpiritLast year the Action Foundation for Entrepreneurial Excellence published a great article entitled “3 Magic Seeds: Discovering the Entrepreneurial Spirit” (link shared with permission from Jeff Sandefer).

It provides an excellent three-part formula for teaching youth the entrepreneurial spirit. Anyone who understands the power of mini-factories and believes in generational thinking should read the article and apply it with their children.

The article states:

“Here’s a radical suggestion: Why not challenge your young charge to take on the first three trials of an entrepreneurial ‘hero’s journey’ to:

  1. Make something with his or her own hands
  2. Sell it (safely) to a stranger
  3. Experience the freedom (and responsibility) of having a little extra spending money as a reward.

“Sound too simple? Just give it a try. You’ll be surprised at how each of these ‘magic seeds will provide lessons, confidence and inspiration for years to come.

“Watch from a safe distance and enjoy as you observe, taking care to let the lessons speak for themselves. Who knows, you might even find yourself reinvigorated with the entrepreneurial spirit that you first discovered so long ago.”

Click here to download and read the full article.

Also, if you’re looking for more resources to help you discover and manifest your entrepreneurial spirit, as well as to mentor others in the same goal, visit Acton MBA (subscribe to their blog RSS feed here) and Acton Academy.

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2009-04-22_palmer_1131-copy-111x135-custom 3 Magic Seeds: How to Teach Your Children the Entrepreneurial SpiritStephen Palmer is a marketing consultant and persuasive writer with KGaps Consulting, a co-founder of The Center for Social Leadership, and the New York Times best-selling co-author of Killing Sacred Cows: Overcoming the Financial Myths that are Destroying Your Prosperity.

He is a liberal-arts graduate of George Wythe University and a graduate of the “non-traditional business school” Wizard Academy.

Stephen resides in Round Rock, Texas with his gorgeous wife Karina, awesome son Alex, and princess daughters Libby, Avery, and Laela. Stephen and Karina blog about their magical life on Palmer Journeys.

Connect With Stephen:

Email: spalmer [at] kgaps [dot] com
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One Response to “3 Magic Seeds: How to Teach Your Children the Entrepreneurial Spirit”

Linda Schaffer Said:

I’m still trying to teach myself this concept. And I’m hoping that my children see my experiences as inspirational rather than discouraging!

Comment made on January 29th, 2010 at 3:38 pm
 

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