What if we raised kids to be entrepreneurs?

August 17, 2010 at 7:18 am Leave a comment

Not so long ago, I was participating in a roundtable discussion with a group of really smart people about a program to help entrepreneurs and develop the local economy. In an unguarded moment, I told them that, in my experience, most entrepreneurs are “C” students. They looked my way for a moment with puzzled expressions and moved on. My point wasn’t that entrepreneurs are stupid. It was that they are a different kind of smart.

Entrepreneurs start companies, they can’t help themselves. They try new things, because they don’t know that they “can’t be done.” When their new things work, they hire MBA’s to turn vision into strategy as their companies grow. They hire CPA’s to keep the books and pay the taxes, PhD’s to improve their products, and JDs to write contracts and protect their brilliant ideas. Meanwhile, they move on to the next BIG thing.

This group of really smart people didn’t get it. Their good intentions — to start a program to help entrepreneurs and “develop” the local economy — never got off the ground, because none of them were entrepreneurs. They came up with too many reasons why their project couldn’t be done.

Ken Sethney [marketing coach]

Bored in school, failing classes, at odds with peers: This child might be an entrepreneur, says Cameron Herold. At TEDxEdmonton, he makes the case for parenting and education that helps would-be entrepreneurs flourish — as kids and as adults.

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Entry filed under: CEO coach.

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