Why Teach This Early?
Entrepreneurship develops problem-solving, resilience, and financial literacy. Moziah Bridges started Mo's Bows at age 9 and appeared on Shark Tank. In the US, young entrepreneurs outperform peers in financial literacy. Early business experience builds confidence that lasts a lifetime.
Progressive Sub-Goals
Introduction
Launches a real business with a business plan
💡 Tip: Start with something they love - passion drives persistence.
Developing
Generates consistent revenue, manages expenses
💡 Tip: Track every dollar in and out - make it visual with a simple spreadsheet.
Mastery
Hires a friend or sibling to help
💡 Tip: Teach delegation - they can't do everything themselves.
Teaching Tips
- 1Let them fail small and learn - don't rescue too quickly
- 2Watch Shark Tank together and discuss what makes pitches work
- 3Help them identify a real problem to solve
- 4Connect them with local business mentors
Learning Resources
Related Skills to Explore
#237 Index Fund Investing
Academic & Career • Ages 9-12
Opens a custodial investment account and understands what an index fund is
#238 Negotiation
Academic & Career • Ages 9-12
Negotiates a price at a garage sale
#239 Taxes
Academic & Career • Ages 9-12
Understands the concept of taxes
#240 Automotive Basics
Vehicles & Transport • Ages 9-12
Checks vehicle fluids, tire pressure
#241 Changing a Car Tire
Vehicles & Transport • Ages 9-12
Locates spare tire, jack, and lug wrench in vehicle
#242 Jump Starting a Car
Vehicles & Transport • Ages 9-12
Identifies dead battery symptoms and locates battery