Mike Farris:
My guest this week is Linda Raasch, who is a mom from California who’s helping kids to learn about financial responsibility and entrepreneurship. Linda, on our last program, you told how your kids started a lemonade stand. Why did you believe it was important to give your kids this kind of experience? What lessons did you want them to learn?

Linda Raasch:
One can be told what to do for success, Mike, but not till one’s hands get dirty, actually will they learn the lessons, first person. Entrepreneurs take on ventures, assuming some risk. And there’s no better time to do this than while still young and under the tutelage of a parent. Telling your child that they have done a job well done will ignite the entrepreneurial spirit within them.

Our country was founded by those that took risks. And to encourage that ambition at an early age can only prove to produce aspiring leaders in business, ministry, and politics. If you give your child an opportunity to make money, they feel a great sense of satisfaction and pride. This alone is a successful stepping stone in launching innovative, self-confident, and ambitious children, which are the building blocks to successful adults.

Mike:
Linda, those are some great lessons. We’ll have more next time. I’m Mike Farris.