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 book writer for mission-driven leaders, a small business lead generation website design architect and persuasive website copywriter, a co-founder of The Center for Social Leadership, and the author of Uncommon Sense: A Common Citizen’s Guide to Rebuilding America.

He co-authored the New York Times bestseller Killing Sacred Cows: Overcoming the Financial Myths that are Destroying Your Prosperity, as well as Hub Mentality: Shifting from Business Transactions to Community Interaction.

He is a liberal-arts graduate of George Wythe University and a graduate and faculty member 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.

Subscribe to Stephen’s blog and contact him at stephen [at] leadershipwriter [dot] com.

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3 Responses 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
Why We Need a Renaissance | Oliver DeMille Said:

[...] Start young, or if you are older, help the young get started [...]

Comment made on October 22nd, 2010 at 6:22 am
Is Government Broken? | Oliver DeMille Said:

[...] Whatever the politicians of any party do, the greatest need is for parents, grandparents and all of us to rekindle an excitement for entrepreneurship in the youth. [...]

Comment made on October 26th, 2010 at 5:30 am
 

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