2. 10 Steps to Become Young
Entrepreneurs
@albertwanasida
Goal setting is vital for
future success
Teaching your children how
to set and accomplish their
goals is a fun and exciting
activity! Did you know that
written goals are over 80
percent more likely to be
achieved? Imagine the
possibilities!
3. 10 Steps to Become Young
Entrepreneurs
@albertwanasida
They must learn how to
recognize opportunities
Many people never meet
their full potential
because they fail to
recognize opportunity.
Teaching your children to
seek out opportunities
and take action on them,
will directly contribute to
their level of future
success.
4. 10 Steps to Become Young
Entrepreneurs
@albertwanasida
Selling is involved in
every part of life
This one ability will last a
lifetime because it is
applied to all types of
businesses and careers.
From selling products
and services to
customers, to raising
capital from investors,
this skill is vital to the
success of any business.
5. 10 Steps to Become Young
Entrepreneurs
@albertwanasida
Financial literacy is a
must
This is one area that we
all could use help with.
Teaching children about
money at an early age
will instill a financial
foundation that schools
often fail to teach.
6. 10 Steps to Become Young
Entrepreneurs
@albertwanasida
Inspiring creativity will
build marketing skills
Teaching kids about
marketing is a great way
to prepare them to
attract customers to their
future business. As you
know, without customers,
even the greatest
business will fail. This is a
very beneficial skill to
learn while young.
7. 10 Steps to Become Young
Entrepreneurs
@albertwanasida
Some Schools are wrong about
FAILURE
In school we were all taught that
failure is bad. In the entrepreneurial
arena, failure can be a great thing if
a positive lesson is learned.
Napoleon Hill, author of Think And
Grow Rich, states that, “Every failure
carries with it a seed of equal or
greater benefit.”
Allowing your children to fail will
force them to create new ways to
accomplish their goals and learn
from their mistakes. This will lead to
confident children who know how to
persevere when times are tough.
8. 10 Steps to Become Young
Entrepreneurs
@albertwanasida
Effective communication
improves all relationships
Most children today are
terrible at face-to-face and
telephone communication
because of the popularity of
social media and text
messaging. Successful
businesses require that people
actually speak to one another.
Teaching your children to
communicate effectively will
provide them with the winning
edge in business and in their
personal relationships.
9. 10 Steps to Become Young
Entrepreneurs
@albertwanasida
The art of giving back creates
happiness
Why start a business if it doesn’t
support a greater cause? It is
important for your children to
develop the characteristic of
helping others. This attribute will
allow your children to stay
humble during periods of great
success and it will give them the
insight that a successful business
provides benefits to more than
just it’s owner. People that
contribute to the success of
others live happy and content
lives.
10. 10 Steps to Become Young
Entrepreneurs
Independence creates
confidence
Wouldn’t you love to have
independent and successful
children? Of course! The
entrepreneurial mindset
causes kids to depend on
themselves for their own
success, which leads to wellrounded adults and future
leaders.
@albertwanasida
11. 10 Steps to Become Young
Entrepreneurs
@albertwanasida
Get the advantage by
becoming a leader now
Children are taught in school to
go with the flow and follow the
rules. They are programmed to
learn and memorize facts
instead of becoming
independent thinkers.
Entrepreneurship forces
children to think “outside of the
box,” create unique solutions,
and lead others. This will make
your children leaders at an early
age, and it will result in more
income, opportunities, and selfconfidence, in their lives.
12. CEOs Who Started Companies as Kids
Devon Rifkin, The Great American Hanger Co.
From the time he was 10 years old, Devon Rifkin understood the value in the
simple things. Growing up in Miami, Rifkin made money buying Blow-Pop
lollipops from his local drugstore and then selling them to his classmates at
Southwood Elementary School. His business became so popular that he had his
parents contact the company so he could sell the lollipops by the box. Later, he
found success with hangers. In 1999, he started The Great American Hanger Co.,
which makes clothes hangers for big companies like Bloomingdale's and Nike.
13. 9 CEOs Who Started Companies as Kids
CEOs Who Started Companies as Kids
Aaron Kennedy, Noodles & Co.
When he was eight-years-old, Aaron Kennedy started two seasonal
businesses in Elburn, Illinois – selling greeting cards in the fall, and
selling vegetable-seed packets door-to-door in the spring. "I sold to
anybody I could get to on my bicycle," Kennedy says. To better
understand the customers’ needs, he planted seeds and tended to a
garden in his own backyard. Today, he runs Noodles & Company, a
12-state franchise of restaurants that grossed more than $200
million in revenue last year.
14. CEOs Who Started Companies as Kids
Katrina Markoff, Vosges Haut-Chocolate
Sometimes it’s all about making a product that people love. And
who doesn’t love sweets? At age seven, Katrina Markoff was already
pleasing customers selling treats she made in her Easy Bake Oven. As
she got older, she sold her creations to local stores and country clubs
and was trained at Le Cordon Bleu, one of the world's best cooking
schools. It’s no wonder she became a gourmet chocolate maker.
Today, her company, Vosges Haut-Chocolate, sells over $17 million of
her creative chocolate treats.
