Raising an entrepreneur part 2

( raising children)

Every problem that's out there, somebody has the idea for. And as a young kid, nobody can say it can't happen because you're too dumb to realize that you couldn't figure it out. I think we have an obligation as parents and a society to start teaching our kids to fish instead of giving them the fish -- the old parable "If you give a man a fish, you feed him for a day. If you teach a man to fish, you feed him for a lifetime." If we can teach our kids to become entrepreneurial -- the ones that show those traits to be -- like we teach the ones who have science gifts to go on in science, we could actually have all these kids spreading businesses instead of waiting for government handouts ( raising children).

What we do is we sit and teach our kids all the things they shouldn't do. Don't hit; don't bite; don't swear. Right now we teach our kids to go after really good jobs, you know, and the school system teaches them to go after things like being a doctor and being a lawyer and being an accountant and a dentist and a teacher and a pilot. And the media says that it's really cool if we could go out and be a model or a singer or a sports hero. Our MBA programs do not teach kids to be entrepreneurs. The reason that I avoided an MBA program -- other than the fact that I couldn't get into any because I had a  percent average out of high school and then  percent average at the only school in Canada that accepted me, Carlton -- but our MBA programs don't teach kids to be entrepreneurs. They teach them to go work in corporations. So who's starting these companies? It's these random few people.

Even in popular literature, the only book I've ever found -- and this should be on all of your reading lists -- the only book I've ever found that makes the entrepreneur into the hero is "Atlas Shrugged." Everything else in the world tends to look at entrepreneurs and say that we're bad people. I look at even my family. Both my grandfathers were entrepreneurs. My dad was an entrepreneur. Both my brother and sister and I, all three of us own companies as well. And we all decided to start these things because it's really the only place we fit. We didn't fit in the normal work. We couldn't work for somebody else because we're too stubborn and we have all these other traits. But kids could be entrepreneurs as well ( raising children).

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