enterpriseforkids.com

Inspiring kids to be entrepreneurial.

Teaching Your Kids To Be Successful Part 3: Perseverance

July 23rd, 2013


A baby learns to walk by falling over many times. An entrepreneur learns to succeed after stumbling along the way. Teaching yourself, and your kids, to be successful in business requires Natalie’s fourth P: Perseverance (perseverance on their part, and yours!)

 

For example, Cathy and I have learned that in the business of referring people to an opportunity, many people will just not be interested. With enterprising teens watching, how do parents set an example to persevere in the face when people say “No”? Well, the mindset for success is to celebrate the “No.” After so many of them, a “Yes” will inevitably follow. One of my mentors, David Wood, says to do the Happy Dance whenever you get a “No,” because the rejection only moved you one step further towards the “Yes.”

 

 

Your kids, whether entrepreneurial or not, are going to like to see that Happy Dance, making it a practical way to help seal the behavioural pattern of success in their mindsets. Being able to overcome rejection in business, rejection from friends and rejection from family is paramount for kids to be successful.

 

Our vocabulary also plays a huge part in our ability to persevere. In our family “Can’t” is a swear-word and not allowed to be used at any time; “Can” is encouraged. Many people, including kids, are quick to give up when the going gets tough, saying, “I can’t” rather than “I can.” The little kids in my family actually believe “Can’t” is a swear word, right up there with the other big four letter words!

 

Another phrase to abandon is, “It’s too hard.” Natalie showed us a little trick she used to change her perception of what is hard. She bought a toy button that calls out, “That was easy!” when you press it.  Natalie would strap this toy button to her volleyball net pole. Whenever she did something very well that was also very difficult, she would run up to press the button: “That was easy!” Try it for yourself… press the button below!

 

 

Being the best in the world at your sport certainly has its challenges, and my kids would love to try out one of those buttons. You can get them from Amazon.com. But whether or not, the point is not to say “That was hard!”

 

These tactics to increase the level of perseverance in kids and keeping them on a successful track comes easier when you have a Plan. This is the fifth P we’ll talk about next week.

Make sure you have a look at the short video (click the image above) we made of Natalie Cook giving a special message to our kids. Can you spot the BLOOPER?

If you missed last weeks article “Amber’s Reflection of Green SuperCamp” here it is.

 

Enterprising Kids Succeed at the Burekup Fair!

January 29th, 2013


The day started with a mad rush!

 

 

Seven enterprising kids needed to be ready and set up down at the Burekup Country Club grounds by 8.30am. It required four trips with a trailer carrying tables, pram, signs, eskies, TV, banners and all the products that we planned on selling.

Amber and her succulents.

… and making a sale.

On arriving we discovered that someone else had set up in our designated spot. We milled around waiting until the problem was sorted and then once a new space was allocated we busied ourselves with setting up. A very strong easterly wind challenged us with erecting banners and keeping the table clothes on the tables. It obviously was going to be a hot day. Thankfully the Red Gum Trees overhead would keep us in shade all day.

Bargain hunters were quick to do the rounds of the stalls… well before we were ready! Trying to set things up, they would be there asking questions and making purchases (we’ll have to be better prepared for this next time round!)

All set ready for the customers!

The kids’ anticipation and the joyful growing crowd created an air of excitement. It was a real country fair without all the commercial jazz that you see at many fairs today.

Firstly visitors and locals joined in with the Australia Day BBQ breakfast. Following the brekky the crowd moved onto all the stalls and activities. There were old machinery displays, free bouncy castle and water slide, a dunk tank, fairy floss, pat the animals, thong throwing contests (flip flops for all you USA readers!), face painting, as well as people selling their wares from home made fudge, plants and toys to live pigs, chickens and crafts. Other enterprising kids were also selling their toys, bikes, clothes and things that they had made.

Amber and Flynn with their “Fish in a Bottle”

Products waiting to be sold.

Having a novelty product is the key to drawing interest… and we had the perfect product that really did create a lot of interest! Flynn and Amber’s “Fish in a Bottle” were an absolute hit! Kids came from everywhere dragging their parents to look at the fish. Once at our stall we were able to market our other items to them.

Chayse soon got the hang of it. Whenever a customer wandered past he would hold up a lolly bag and ask people if they would like to buy one. Many people would buy lollies from him simply because he had asked (how can you refuse a little five year old eh!). There was another little boy walking around selling his Mum’s home made fudge. He too wasn’t shy in coming forward asking customers if they would like to make a purchase. Talking to his Dad later in the day, he said that his son had sold more fudge walking around than they did at their stall! I guess there is a lesson in that!

Kaitlin’s EYE heART on display.

…customers admiring her work!

It wasn’t long before we had customers coming in their droves. Talking with customers, handling money and recording on a pad what was sold, all kept the kids on their toes!

Taking it in turns to man the stall allowed each of us time to catch up with friends and also spend some of the takings at the fair.

Our enterprising kids were very happy with their result! Each was able to sell their products and make a profit. Flynn’s “Howitt Honey” was very popular and sold very well. Kit and Chayse sold about half their lolly bags and due to the hot day, Jai’s Icy-poles also sold well. Jai made a profitable sale with his exercise equipment, Amber sold some succulents, Kaitlin received some commissions for her “Eye heART”… and of course the “Fish in a Bottle” sold well!

Jai manning the stall with his exercise equipment.

Flynn selling his unpasteurized honey.

Cath and I also had a terrific result! There was lots of interest in Isagenix with a number of people requesting a follow-up to learn more about how Isagenix can help them. This was the first time we had put ourselves out there with our new business and running an Isagenix stall allowed us to develop our own self efficacy, as well as build our Isagenix profile in this community. We spoke with many very interesting people and learned a lot about their lives and interests.

By the end of the day we were exhausted!

Akaisha enjoying one of Jai’s Icy-poles (mittens to stop her hands from getting cold!).

Cathy explaining the health benefits of Isagenix.

It was important to celebrate our success as this is vital in fostering self efficacy around being entrepreneurial kids. The kids counted the takings and divided it up. They then paid any debts to realize their profits. Each received a congratulations and a hug for being successful enterprising kids!

Many great lessons around getting a “Financial Education” were learnt on this day. It is our hope that our kids continue to develop their self efficacy around being entrepreneurial, as we believe this will give them greater opportunities when they become adults.

Cathy talking with an interested customer.

Kit and Chayse selling lolly bags>

Finally we would like to thank the Burekup Country Club, and in particular Sally and Jason Barnden and their team, for co-ordinating the fair.

Our next blog will be a lesson in Money Mastery as we review our year with mentor/teacher Paul Counsel. Once again we appreciate subscribers encouragements, views and comments.

Chayse selling lolly bags to a customer.

Just as an added note… the day after the fair five more “Fish in a Bottle” sold!!


How Do Entrepreneurs Think?

September 19th, 2012

In an earlier article we spoke of charitable entrepreneurs such as Bill Gates, Warren Buffett and John Templeton. They, together with other wealthy people,  have extraordinary stories to tell about their entrepreneurial journeys. Some will tell you that they dropped out of school or were dyslexic and struggled with reading and writing. Others came from homes of poverty and then there were those born into wealthy entrepreneur families. Although they differed in their backgrounds and circumstances, what did prevail is that they all thought in a similar way. It is not circumstance that creates an entrepreneur, it is a mindset!

What we’ve come to understand is that for our family to become economically and personally free we need to throw out our conditioning around money and then reprogram our subconscious minds with a new success money mindset. The wealthy know this and have either been fortunate to have developed such a mindset from their upbringing or they have discovered for themselves (either consciously or unconsciously), a new way of thinking.

It is a fact that around 3% of the population actually do live a life of economic and personal freedom and the rest of us don’t (yes, we are definitely in that bracket). So what do the minority do that is so different to the rest of us?

More to the point… how do entrepreneurs think!

Before we look into it, consider this…

Whether we like it or not, we are being conditioned constantly to think a certain way about money. We are conditioned by our family, schools, advertising, politicians, TV and friends. Most people are tied to their jobs and to debt because the conditioning that they have received favours a money mindset of “lack”, not abundance.

Do any of the following resonate with you? …

“Money doesn’t grow on trees”

“Money is the root of all evil”

“You’ve got to work hard for your money”

“Get a good well paying job and you’ll be set for life”

“Buy a home, it will be your best investment ever”

“We can’t afford it”

“What job do you want to do when you grow up?”

“Go for the cheaper ones”

Only this morning I was listening to a friend talking with his teenage sons. He told them that they needed to get jobs. He explained that he had a job pushing shopping trolleys at their age. He even went down to the local IGA Supermarket and picked up applications for them to apply for jobs.

When I was fifteen I started out with a casual job working at a Target store. My hourly rate was $2.90 an hour!

All of the above are examples of conditioning. It is now known that much of our conditioning has been locked into our subconscious by the time we are four years old.

Our schools are designed to prepare workers for the work force; our banks make money by selling debt to people; our Government collect taxes and require people to be needy, submissive and controlled. They want people to take up jobs that only just pay enough to get by. Retail businesses make money by selling, so they condition us to spend; and our big businesses need workers to build their businesses. You see there is definitely a design to all this madness!

What our family has discovered is that our money mindsets are changing. We are learning that it is OK to accept money and to have money. In fact we deserve money!  It is OK to offer something of value to others for payment. Working hard in a job is not the only pathway for young people entering our big world.

There are other ways….. ways that will allow young people to really follow their passions and dreams and allow them to make a big contribution to whatever they consider to be important! Wouldn’t it be fantastic if all our kids could achieve economic and personal freedom!

People who have achieved financial freedom through being entrepreneurial have a mindset of abundance. Their habits differ and they do think differently.

Rather than me attempting to point out and explain “How Do Entrepreneurs Think” and go about their lives, I’ll instead refer you to, what I believe to be, one of the most influential books of all time in pointing the way to personal and financial achievement.

“Think and Grow Rich” by Napoleon Hill was originally published in 1937. The author spent his life studying successful people and recording how they think and act. He himself became very wealthy by following the distinctions in his own book and by modelling himself upon his mentors.

Think and Grow Rich is pre-eminently a “what to do” and “how to do” book. In it you’ll find the magic of self direction, organized planning, auto suggestion, master-mind association, an amazing revealing system of self-analysis, detailed plans for selling your personal services, and a wealth of other understandings from experiences of successful people who have proved their value.

The thirteen steps to riches described in this book offer the shortest dependable philosophy of individual achievement that has literally changed thousands of people’s lives!

This book could be worth a million dollars to you and your kids!

Cathy is currently re-writing Napoleon Hill’s book. The book she is writing will be suitable for kids to read, with simple explanations and modern examples that they can better relate to. It is a work in progress and once finished you’ll be the first to hear about it.

The original Think and Grow Rich book can be downloaded from the internet for free. Click here to download your copy today!

We would love to hear your comments on “How Do Entrepreneurs Think?” Please leave us a comment below. In our next Enterprise for Kids edition we will check back with Amber, Kit and Chayse to see how their enterprising businesses are going.


Money… We All want it, but at what Cost?

June 25th, 2012

In the last blog we spoke about “who it is that teaches our kids about money”. We’d like to delve a little deeper with this topic in this blog. Our intention is to build an understanding of why most of us have settled into the role of being a “worker” rather than following the “entrepreneurial” path. You will also learn a little more about what we are endeavoring to achieve as a family.

Our kids, like all kids, want to have their own money so that they can have a little independence and buy the things that they want. In our family our children sometimes receive money when it is their birthday and they also get a little pocket money.

Kaitlin, our eldest, has a part time job working at a local Brewery serving lunches and doing the kitchen work. She works hard and it pays pretty well. However, to take on a job, she loses some of her weekends and time to do her school work and have a social life. She also commits time to regular baby sitting work for some of the families in the area.

At present the money mindset of my children is much the same as ours, which is likely to be the same as most other people, and that is to earn money, spend and borrow money!

Generally most of us either have a job where we give time for a salary or we have a business where we give our time for a monetary return. Whatever the case, we are tied down and limited with what money we earn and we sacrifice our time for it. Sound familiar?

The funny thing is, that right from an early age we are conditioned to accept this to be the norm and often our minds are generally closed off to entrepreneurial ideas and opportunities. Our schools train us and prepare us for the workforce. Our parents will do the same by pointing us towards a vocation.

Adding to this, media advertising, TV, politicians, universities and our peers all guide us towards getting a job. It is all around us, well intentioned people and institutions all keeping us on the “straight and narrow” pathway of getting a job (earn!), then spending our money on things (spend!) and then borrowing money to spend on more things (borrow!).

 

Finance companies advertising loans

Look at the people around you and you will see this pattern repeated everywhere. People with expensive things like houses, TVs, holidays, cars, boats and caravans. Most are servicing mortgages to pay for it all. The more things they acquire during their lives the harder and longer they have to work to pay for the things. Most people can see no way out of their situation and accept that this is what is supposed to happen. The average Australian spends about $1.15 out of every dollar they earn!

The Rat Race!

In fact most of us have been conditioned to accept this money mindset which locks us into the“Rat Race!”

Now you may challenge us by saying, what’s wrong with our kids entering the workforce, what’s wrong with spending what they earn and borrowing some more! Honestly, there is nothing wrong or right about it at all. It is just what it is.

For us though, we’re looking for a new direction where we have the time to follow our passions and to be able to give freely to our family, community and world without worrying how to pay for it. Our goal is to break out of the “worker” mindset.

We seek to know how the relatively few, “financially and time free” people managed to rise above the Rat Race. We want to know what they do that is different. How do they think and what is their conditioning around money mindset!

What’s more, we wish for our kids to grow up with the mindset of an entrepreneur! It is important to us that they get a “financial education”.

A Financial Education won't come from the teacher.

From what we’ve discovered so far, is that kids need to start very early to develop their entrepreneur mindset and the skills needed to manage money and build enterprise. They need role models who can foster a different thinking and parents who encourage and look for opportunities that foster enterprise. Open discussions about money and business will help to develop a financial education for kids.

We desire for our seven children to grow up having choices. We want their pathways to be wide with opportunity! We encourage them to follow their passion and not be conditioned into the “earn, spend and borrow” mindset. We hope that they will think differently, have belief in themselves and develop the habits of people who have achieved personal and financial freedom.

We know we have a challenge ahead of us, as our kids have already been conditioned from an early age. Using Kaitlin as an example; she earns money, spends freely and already has a debt. She is studying hard to go to university with all her friends and then ultimately to get a good paying job. Once again I’ll point out that there is no right or wrong about this, only that we would like her to see that there are other ways.

It is always going to be a challenge whilst we have that same conditioning and mindset. Although striving to change our thinking, we recognise that it will take time and persistence to learn new habits and shift old belief systems. However, we are very confident that this year, is the year that we will have a break through. We have enlisted the help of a Money Mindset personal mentor, who is helping us develop a new thinking. He is there to help us transform in our thinking through our actions…. and as we do so, so will our children.

With our up coming blogs we will share his education with you.

 

 

Green SuperCamp

June 6th, 2012

It’s amazing how life works sometimes. As you know, we have been sharing our kids’ experiences and jouney as they follow their enterprise ideas through to fruition. Certainly, as our learning and that of our children has accelerated over the past 6 months, other opportunities have landed in our laps.

One such opportunity came in the form of a friend and a simple email. She attended one of the workshops we have been doing with our mentor, Paul Counsel. She sent us an email with a link to something (in her words) pretty special.

Being school teachers and always being open to hearing about things that inspire children to think outside the square and follow enterprising ideas, the link our friend sent us truly was “special”.

Below is a snapshot of a concept that really had us super excited and super motivated.

The Green school

Amazing bamboo structure

 

 

 

 

 

 

 

 

 

 

The Green SuperCamp is indeed a very unique and inspiring concept.

The school, located in the tropical paradise island of Bali, runs very forward thinking, engaging leadership camps that have attained massive results in the transformation of kids over a very short time. The SuperCamp uses a state of the art Quantum Learning System that delivers the very best in life and learning skills. We’ve seen no other camp or school use such forward thinking technologies that tap into a child’s mind and rapidly advance their abilities to read, and process and memorize information.

Trust activities and...

....working in groups

 

 

 

 

 

 

 

 

 

 

 

The staff ratio to kids is 1:4 and they are all highly trained. In fact they go through 300 hours of extensive training in Quantum Learning methodologies and 290 specialized learning techniques that lead to outstanding results that they seem to get consistently get for the kids who attend their camps.

Lots of learning...

...loved by all

 

 

 

 

 

 

 

Listening to some of the videos posted on their website, we viewed teenagers who have gone from reading 200 words per minute to 1000 words per minute in just seven days. We have both worked in many schools and seen no one that can claim anything like that!  Kids from all over the world attend the SuperCamps. They are particularly popular for American kids who travel to Bali during their summer vacation.

 

A bird's eye view

Looking up into the ceiling

 

 

 

 

 

 

 

 

 

 

 

The SuperCamps are held at the world renowned Green School campus. The founders of the school, John and Cynthia Hardy, built the new Green School almost entirely of bamboo. They wanted to set up a school that is at the cutting edge of environmental education, and also takes on a holistic view for the future of the Earth. Their school was never to be built in a city, but in the very heart of nature itself.

Solar panels in a natural environment

Hut accommodation for the camp

 

 

 

 

 

 

 

 

 

 

 

It is designed to have the smallest carbon footprint by having compost toilets, to open walless rooms with natural lighting. The kids interact with animals that produce the methane gas for power.  The flowing river that passes though the grounds also powers the school. To top it all off, the kids grow their own food to eat!

Green School’s mission is to “empower global citizens and green innovators who are inspired to take responsibility for the sustainability of the world”.

“The school has attained international attention for its revolutionary approach to education, with its focus on transformational education in a spectacular setting. It has built a reputation for its focus on nurturing our young leaders of tomorrow on sustainable living with a deep respect for our planet and each other.” (Quoted by CNN TV.)

The school bases much of its philosophy on the Steiner System. The early Austrian educator, Rudolf Steiner, believed in the philosophy of balancing education with social learning.

Social interactions....

 

...and just hanging about!

 

 

 

 

 

 

 

 

 

 

As we viewed the short movies of teens who share their experiences after attending a Green SuperCamp, we were astounded by their personal insights. They all go through a journey of self discovery where they get to build strong relationships with future leaders from all over the world. Many claim that Green SuperCamp is a life changing experience!

Leaping for joy!

Kite building skills

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

They learn to live in the moment and be fully self expressed. They develop a responsibility for themselves and each other and they do things way outside their comfort zone. Activities such as rope climbing, Balinese dancing, mud wrestling, flying fox, and physically breaking wood, all contribute to building self confidence and leadership. Many kids manage to have massive break throughs in overcoming obstacles in their lives and their parents are astounded by their transformation.

Fun in the mud!

Fun as a group

 

 

 

 

 

 

 

 

 

We are completely amazed that Green SuperCamp manages to have such a huge positive impact on kids in only a matter of days. If all schools could learn from this innovative school, then we would have a generation of kids who are very equipped to provide the leadership required for our future world. They have a camp designed especially for developing entrepreneurial teenagers. Now that is a first!. When has a school ever tried to foster in kids an Entrepreneurial mindset?

We have been so inspired by Green SuperCamp that our three oldest kids are attending the camp this year.

We will let you know in future blogs, how they go….although we think we already know the answer to that one! 🙂

enterpriseforkids.com

Inspiring kids to be entrepreneurial.