Entrepreneurship for Kids 101: How to Raise the Next Generation of Entrepreneurs

Many kids (and parents too!) have been watching the exploits of people like Jeff Bezos and Elon Musk in recent years, but how can you help your kids succeed in whatever area of business they choose? Teaching the skills associated with successful entrepreneurship will do much more for them than just helping them run a business someday. Whether you’re running a family business and want to encourage entrepreneurship in your kids or you just want another layer of education as you learn how to teach kids about money, the Tuttle Twins series has you covered!

PHOTO: Tuttle Twins

Why Teach Kids Entrepreneurship

Beyond the obvious, you’ll find several reasons to teach kids the principles of entrepreneurship. Teaching your kids how to run a business helps them build important life skills like critical thinking, financial literacy, perseverance, and problem solving.

Entrepreneurship encourages your kids to be creative as they turn challenges into opportunities. It also drives home independent thinking and helps nurture adaptability while teaching kids the value of money, budgeting, saving, and profit and loss.

Kids also learn how to bounce back from difficulties and gain self-esteem from launching a successful business or project. If you want to build all of these skills and more in your kids, start by teaching them free market economics and by using kids’ books about entrepreneurship.

PHOTO: Tuttle Twins

Teaching Kids Free Market Economics

As you learn how to teach kids about money and entrepreneurship, you’ll discover that teaching kids free market economics is a critical piece of the puzzle — and one of the first things to do when it comes to teaching entrepreneurship. The Tuttle Twins books will go a long way toward teaching kids free market economics.

For example, The Tuttle Twins and the Miraculous Pencil teaches about how ordinary, everyday objects are made using things from all over the world. The Tuttle Twins and the Search for Atlas teaches about what happens when all the producers give up and leave the market.

Kids’ Books about Entrepreneurship

The Tuttle Twins series also contains a few kids’ books about entrepreneurship. The Tuttle Twins and Their Spectacular Show Business is one such title and a great place to start after teaching your kids free market economics. In this title, the twins learn the ins and outs of running a business and discover that being an entrepreneur isn’t easy, especially when there’s difficult competition in the market!

In The Tuttle Twins and the Messed-Up Market, Ethan and Emily decide to start a Children’s Entrepreneur Market by loaning out their hard-earned cash to help kids start or build their businesses. The twins quickly discover how risky this business is — and learn about the different incentives people have for why they do the things they do and the choices they make. Such choices can mess up the twins’ market!

The Tuttle Twins series is your partner when it comes to teaching kids free market economics and about entrepreneurship. The Tuttle Twins books are wholly unique in the way they teach these topics, wrapping every lesson into an exciting, engaging adventure that will help your kids retain what they learn. The Tuttle Twins books are all must-haves for your family’s bookshelf, but those featured above will be of particular interest when learning how to teach kids about money and entrepreneurship.