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Will Our Kids' Entrepreneur Dreams Die? image

Will Our Kids' Entrepreneur Dreams Die?

Why Parents—Not Schools—Must Develop Their Child's Financial Genius

I've just finished writing what I think is the most important book of my life. The book is called Why "A" Students Work for "C" Students, and it's about the vital need for financial education for our kids.

Our kids have big dreams

Here's some statistics to consider:

  • 44% of young people want to be entrepreneurs
  • 46% aim to set up their business within the next two years
  • 43% of students grades 5 through 12 want to be entrepreneurs
  • Unemployment for those 16 to 24 is 17.6%
  • 53% of recent college grads are jobless or underemployed

In other words, young Americans want to be entrepreneurs. They want to start companies that provide a high quality of life while also providing innovation and employment. The only problem is that our school system specializes in training our kids to be employees.

This is why schoolteachers and many parents continue to say, "Go to school to get a good, high-paying job." Few parents or teachers are saying, "Go to school to learn to create good, high-paying jobs."

So, there are two problems. Our kids want to create jobs, which is a vital need for our country, and instead of teaching our kids how to create jobs, our schools teach them how to get jobs, of which there are very few to get.

These dreams will die

There is a tremendous difference between the skill sets of an entrepreneur and of an employee. Unfortunately, because the skill sets required to be an entrepreneur are not taught in our schools, many of our kids will never realize their dream to start their own business.

Many people dream of becoming entrepreneurs, but few will take the leap of faith. Why? The lack of financial education in our schools. Without financial education, most employees are terrified of losing their job, not having a steady paycheck, or simply failing—and most kids have no idea where to start except by getting a good job, and then they're trapped.

Without financial education, our kid's dreams will die.

Every kid has a genius

Every child has a genius. Unfortunately, their genius may not be recognized by the educational system. It may even be crushed.

Thomas Edison, one of the great geniuses of modern times, was labeled "addled"—mixed up or confused—by his first teacher. He never finished school and instead went on to found General Electric.

Albert Einstein also failed to impress his teachers. They called him lazy, sloppy, and insubordinate. He proved them wrong.

The point is that the environment of our school system is not always a good one for the type of genius many kids have. In fact, it can be constricting.

All parents have met the genius in their child. Most parent's know that a child's true genius comes through most clearly in the things that child dreams about—the ideas and things that delight, fascinate, and challenge them.

A call to parents

Traditionally, we've left it to the school system to develop and nurture our children's genius. Today, that won't work.

Because our kid's dream of being entrepreneurs, they'll face a system in school that is bent on breaking that dream and replacing it with the old American dream of getting a good job.

Because of this, it's up to parents to nurture and cultivate their children's dreams. It's up to parents to provided a solid financial education.

How?

That's what my new book, Why "A" Students Work for "C" Students, is all about. It is a guide to help you develop your child's financial genius.

Our kid's have big dreams. Our schools will not be able to help them realize those dreams. I don't want to see those dreams die—and neither do you. That's why I say my new book is the most important book I've ever written.

Over the next few weeks, I'll be highlighting some of the ideas from the book here on blog. I hope you find them thought-provoking, but most of all, I hope they excite you to take the reigns of your child's financial education.

Leave A Comment jump to leave a comment
Lora
3/19/2013 5:04:23 PM
I love this blogg and I totally agree with what you are saying!!!
Doris
3/19/2013 10:27:25 PM
Muy cierto lo que dices Robert, he leido muchos de tus libros y se que este tambien es sensacional y nos ayudara a los padres a guiar a nuestros hijos hacia una buena educacion financiera. Gracias !!
KellieHosaka
3/19/2013 10:58:18 PM
Aloha Robert, I have believed this ever since I read and really understood "Rich Dad Poor Dad". Thank you so much for all that you are doing to educate the world. Much aloha, Kellie :)
KellieHosaka
3/19/2013 10:58:18 PM
Aloha Robert, I have believed this ever since I read and really understood "Rich Dad Poor Dad". Thank you so much for all that you are doing to educate the world. Much aloha, Kellie :)
smoke
3/20/2013 3:50:31 AM
Thanks from me to Robert and to his advisors! I read Some Robert Kyosaki books and blogs, which was inspired me. I have whole of my life tryed to think like; what ppls talking are just theyr opinions. And if I read news i understand that ppl are talking about opinions how to inspire ppl to think like them.. but they just doing that all in his favor or for goverment (but not all of them). That kind of information from books/blogs inspired me like that: that what i have doing/thinking is not wrong. If sart like that: Having friends who like that kind of thinking and but them to trust in you with truth (and also give ppl something that they cant just trust everything emotionally, they must make difference between truth and lies). Which may inspire ppl to think that whole life isnt up on lies.. If you want ppl to trust you.. begin from youreself.. be honest ... that honest is coming back to you from youre friends/family (but not with everyone, ppl are very different). And this makes good friends/team.. you can also have fun with friends.. and you also can get more truth information which may good to you. But still do not lose youre thinking and be carefull with youre honest!: only believe yourself! This is one key to success. But that’s only 1 value about what I am talking about.. there is lot of more (financial education and so on…). And also again.. this is my opinion.
Rein
3/20/2013 10:55:48 AM
Here an example what the Rich learn their children: Billionaire Roman Abramovicz 19 year old son starts investing in a Siberian oil field. Please read website of Russia Today (RT.com) of March 20th.
Ken
3/22/2013 9:18:31 AM
After reading few books from Robert, i have a question here. Is it Degree important? Or should we focus on financial knowledge instead?
timblux
4/6/2013 8:13:38 AM
Sir, you A̲̅re librating the world from bondage through Valid and authentic education. I will never stop learning from you.
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