“Mom, I want to become an entrepreneur just like you.” How would these words make you feel? Or maybe you’ve already heard them. If so, how did you react? At first, you probably felt proud. Not only does your child look up to you, but he or she is also eager to learn about business at a young age. While typical kids are playing video games, yours is planning for the future — and that’s impressive.
But then, the nerves probably kicked in. What if, after pouring tons of time, effort, and emotion into building a company, things just don’t work out? The disappointment could be devastating to your child.
I was in fourth grade when I told my entrepreneurial parents that I, too, wanted to become an entrepreneur. First, they said, “Are you up for al...