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Classic Entrepreneurialism: Lemonade Stands and Paper Routes
Volume 49, Program 31
1/5/2004
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What will the economy look like when your homeschooler graduates? This week on Home School Heartbeat, Mike Smith talks about increasing your student's career options by instilling in him an entrepreneurial spirit.

    Mike Smith:
    Entrepreneurship is responsible for many of the jobs in America. In a news cycle that seems dominated by corporate scandal, it is America's small businesses that are creating 75% of the new jobs in the United States. Self-employment can provide a similar enrichment in your homeschooler's life, so it is good to actively instill the principles of entrepreneurship while they're still in school.

    A study in entrepreneurship need not be a moneymaking venture in order to be a successful experiment for your child. Giving him a chance to analyze a business situation and being responsible for the outcome will go a long way to prepare him for adulthood.

    Teaching entrepreneurial skills to children is not a new phenomenon; kids have been setting up lemonade stands and delivering newspapers across America for decades. From that experiment, many of these lemonade stand owners and paperboys or girls realize that it's a tough way to make a living in the long term, so they find another type of employment. But they have had a good lesson in the value of money, studying consumer habits, and how to deal with the success or failure of working in the real world.

    We will continue discussing the benefits of entrepreneurship in your homeschool curriculum for the rest of the week. And until next time, I'm Mike Smith.

How can the Home School Legal Defense Association help you? To find out, contact us and ask for a free copy of Home Schooling: Start Here. You'll get some answers to important questions; plus, you'll discover how we can help you 365 days a year and protect your right to homeschool your children. The number is 866-338-8614. That's 866-338-8614.


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