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Child behind Desk

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.

Here's a look at those attributes—and how to foster them.

Adventurous

Parents should urge kids to explore their environment—and don't let them get too comfortable, advises Arthur Blank, co-founder of Home Depot Inc. and owner of the National Football League's Atlanta Falcons. That means urging them to ask questions constantly and develop an inquiring mind. For instance, "get them the right kind of toys—in which kids must figure out for themselves what to do," he says. And "on vacation, try different restaurants outside their comfort level."

 

To read the full, original article click on this link: How to turn your kids into entrepreneurs - WSJ.com

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