In this video let's go over.

Reasons why you should help your kid start a business and most people think they should earn money right.

Not so right.

Money for kids is a little bit like putting the cart before the horse.

Everyone asks how much money can I make with his business and let me tell you right now you can take

the simplest ideas which we will do later in this course and I'll show YOU LITERALLY THE PATH TO MAKE

THEM million multimillion dollar businesses.

That's those strategies.

They're not the hard part.

The hard part is to mold whoever is the entrepreneur whether it's an adult whether it's your child to

mold them into a professional enough individual who can create that business that multimillion dollar

business out of a little idea.

That's the real value here.

So there are real reasons to start a business with your kid.

Of course you want them to learn to earn things instead of asking for things when they ask you Can you

buy me the next video game.

Can you buy me a bicycle you can buy them stuff and you can learn that you can teach.

Which teaches them nothing.

Asking begging you know gets results.

Or you can make them earn it.

You can say if you earn the $400 through work or something like that you can have the item you want.

Of course starting a business with your child helps them explore passions and interests that they can

then take further on their own.

You will also have a chance to bond with your child which is invaluable.

And of course the time you spend with them will keep them positively occupied.

But for entrepreneurship specifically there is a set of skills and I'm going to show you it's a it's

a long list of skills I'm going to show them to you in the next video that are what I call success skills

and those skills are the ones that determine success in intrapreneur.

For example you can take a very simple business dog walking business.

Do you know that some people adults even they struggle to make ends meet with a dog walking business

while other adults have multimillion dollar dog walking agencies.

Why.

What's the difference.

I'll tell you what the differences.

Of course one thing one person's thinking bigger but the person who has the bigger agency is more organized

more you know is able to manage things better is able to accomplish more tasks able to be more productive

they're able to do more marketing better marketing things like that.

So these are really life skills that your child will take for the next grade that they go to for their

college for their high school for their career.

All these productivity skills will help your child accomplish more and to higher quality which if they're

a child or a teenager they're going to take that in in school.

They're going to get better grades get into better college it's going to have real immediate results

not just in this business which is totally fine but also in their school education college career and

eventually maybe when they're adults they're going to take the skills that they've had time to hone

in on they've time they had time to perfect because they started so young and they will be exceptional

these skills.

So in the next that you want to walk you through success skills to show you what it really will take

for an individual to become a very competent professional who stands out in and does everything better

than their peers.

So let's explore that in the next video.