Buffett’s entrepreneurial spirit dates back to when he was a little boy.
He started sharpening his business skills back at just 5 years old when he started selling sticks of gum to other kids in the neighbourhood.
Before long he worked out that he could get a better profit margin by
buying packs of Coke and selling the cans individually.
The lesson here is that enabling and encouraging your kids to find a way
of making money will help them down the road.
From setting up a cake stand to collecting bottles and putting them in
the local earn and return or container deposit machine, helping kids fuel
either inner entrepreneur helps teach lessons about salesmanship, goal setting,
and even problem-solving.
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Monday, 16 August 2021