Today’s entrepreneurs are starting businesses at a young age, and some have managed to establish their own companies while they’re still in primary school.
There’s Maya Penn, who successfully launched a sustainable jewellery business called Maya’s Ideas when she was just eight years old.
Then there’s seven-year-old Ryan, who reportedly made $31 million online due to the success of his YouTube channel RyanToys Review. These kids prove that age doesn’t equal success as they were able to turn their ideas into thriving businesses.
If your child is thinking about launching their own business venture, you’ll need to teach them how to properly plan and manage it so their efforts will be rewarded in the future.
Moreover, they’ll need to develop certain skills in order to make it in the competitive business world. Here’s a guide to teach children about entrepreneurship.