No matter what our children aspire to be, there are key entrepreneurial traits that we can teach to help them be successful in work and life.

From the moment a child enters a family’s world, moms and dads dream of health and success for their little human.

And if mom or dad is a business owner, it’s likely that those dreams include hopes for the child to experience the rewards of entrepreneurship one day.

While we can’t control how our kids end up, we can do a lot to teach them the traits we hope they’ll embody.

And your mindset as an entrepreneur can be a great asset to your children’s future.

Whether your kids grow up to work for an organization or launch businesses of their own, your efforts to foster in them an entrepreneurial spirit will help to set them up for success in life.

Here are three essential traits you can start teaching today to help raise entrepreneurial kids.

Sticks and Stones

The route to business ownership demands a thick skin, and one of the biggest lessons an entrepreneur learns on that road is the power of labels.

Labels can be useful, but they also define, limit, and even predict future behavior. Children need to know that a label only has power over them if they allow it.

Just think of the Ban Bossy movement, made popular by female celebrities who grew up being labeled “bossy” while their male counterparts heard words like “assertive” and “leader.”

Here at LEAP for Women, we appreciate the notion behind the movement, but we see a flaw: It focuses on words and labels instead of the true issue at hand which encompasses concerns based on gender inequality in the workplace.

To raise a child who is free to realize his or her full potential, teach your kids that — even if a word or label has a negative connotation — they have the power to move past it.

Let’s teach our kids that they have control over the words they let into their minds and lives so they’ll be free to begin defining their own paths to success.

There’s No Stupid Idea

How many times have you wondered, “Why doesn’t somebody invent a solution for that?”

Every invention started as an idea — and most inventions seem outrageous before they become commonplace.

Someone surely scoffed the first time cell phone companies began pitching mobile phones with cameras. At the time, many people already owned cameras that could take better pictures than the ones on those first, grainy camera phones.

Fast forward to today. Camera phones have become so ubiquitous (and so high quality) that most of us can’t imagine daily life without them!

So when your kids come up with a fanciful concept, don’t burst their bubble by laughing it off. Instead, teach your kids to value out-of-the-box ideas.

Their capacity for independent thought and imagination just might yield the next big invention for everyday life.

It’s Okay to Have Favorites

There’s a lot of pressure for today’s parents to immerse their kids in “experiences.”

A childhood filled with opportunities to try every new activity can seem like the only way to raise well-rounded kids these days.

But what if you, as an entrepreneur, took a step back and encouraged your kids to play favorites?

Most entrepreneurs’ passion for their work started out as an interest, or even a hobby. With that in mind, what if you encouraged your kids to discover their favorite things and pursue them wholeheartedly?

Paying close attention to a child’s favorite sport, character, book, subject, or game — and why they speak to her — will help both you and your child better understand her passions.

After all, passion lends itself well to future entrepreneurial success.

Who knows where such devotion could lead? The possibilities are endless!

As a parent, you naturally ponder the future for your kids.

No matter what the future holds, you can help set your children up for a rewarding journey by teaching them the traits you’ve come to value and practice as an entrepreneur.

Encourage them to be strong.

Foster their creativity.

Help them find their passions.

By teaching your kids these values, you’re sure to help them do their best, both in life and at work.

About Emily D. Tisdale, Founder & CEO

Meet the brains — and heart — behind LEAP for Women. Emily is LEAP’s guiding force, committed to supporting women entrepreneurs at every stage in their journey.

She loves LEAP because:

We’re an authentic resource for women who want the nitty-gritty details of running a business. I want everyone to have the same amazing resources I had.

A resident of Indiana, Emily prides herself on being a transplanted Hoosier and enjoys watching Colts football and spending time with her husband and their two children.

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