Raising Entrepreneurial Kids
Raising Entrepreneurial Kids
Guiding Principles for the Entrepreneurial Upbringing
In this newsletter, we provide you with notes on Raising Entrepreneurial Daughters and being a Magic Mom with Alyce, Seth, and Karissa Dailey, an episode of Front Row Dads | Family Men with Businesses.
Host Jon Vroman is a motivational speaker, author, philanthropist, personal coach, ultra-marathon runner, and founder of Front Row Foundation.
In today’s episode, he is joined by Alyce Dailey a coach, speaker, and also the founder of the MAGIC Momhood community. Her spouse, Seth Dailey, is also a brother in the Font Row Dads, and they have a daughter named Karissa who will also share her perspective on what it has been like growing up in the Dailey household with highly motivated and successful parents.
Read our notes below.
Topics Covered in this Summary
What Magic Mom means and its 5 principles
How To Live a Full Life as a Mom
How to Raise Entrepreneurial Kids
What Magic Mom means and its 5 principles
MAGIC stands for "Model, Affirm, Grace, Inquire, and Coach," which are the five guiding principles for the entrepreneurial upbringing of girls or even boys. This is the suggested formula to help moms become the best version of themselves so they can help the next generation of women or men to be healthy and whole.
The following is a sample of how to use magic in the context of parenting.
M (Model): How am I modeling who I want my kids to be as adults?
A (Affirm): What spoken affirmation enables my subconscious to help me find the answers?
G (Grace): Who can I extend grace to in this situation and moment?
I (Inquire): What new questions could I ask to open up more possibilities?
C (Coach): How am I showing up as a coach to my kids right now?
How To Live Your Full Life As A Mom
Being a mother is difficult, and parenthood is always viewed as a journey that women must do.
Though most of these changes will be positive, some will be negative.
It's easy to lose yourself in motherhood and feel like you're nothing more than the person who takes care of her kids.
Every mom's idea and definition of the "Full life" is going to be different because every mom has a different lifestyle, hobbies, and interests. However, we can stick to some main ideas to make sure it fits every mom:
Take Risks. While moms can often associate risks with “dangerous,” it doesn’t have to be that way. For example, you don't have to wait for the perfect opportunity to go on that vacation you've been planning or start that new passion. Doing so can restore your sense of self and self-assurance before you took on all of these obligations.
Fight Perfection. Moms aren't perfect because they're human. Dropping the notion that we must be great all the time can help our mental health and make us happier.
Sleep. A full night of sleep can improve your life. Even if you don't think you'll fall asleep, resting in bed may give you a few more minutes of rest.
Be You. Moms often neglect themselves, which is a problem. Self-care issues can cause many maternal mental health issues, which affect the whole family.
How to Raise Entrepreneurial Kids
As parents with full lives, we can now teach our kids valuable lessons and skills while getting them excited about making or building things, selling things, providing a service, and making money.
When we start teaching our kids about business at a young age, both good and bad experiences can help shape their future and could be the start of something big. One of the first things we can teach them is how to interact with adults.
Interactions between children and adults provide children with opportunities to develop trust, gain a deeper understanding of who they are, and respect the feelings and rights of others, all of which are skills that will serve them well in the years to come.
As a parent, you can also encourage your child to be an entrepreneur by giving them the emotional skills they need, such as being comfortable with risk, having good problem-solving skills, and having a good attitude about failing.
Below are some parenting tips to help you foster entrepreneurial qualities in your kids:
Effective Problem-Solving Model. Develop problem-solving skills in kids to help them identify industrial ideas in daily life. Help them identify the issue, brainstorm logical ideas, weigh the advantages and cons, and choose the best option.
Teach kids from failure. As a mom with a goal, you impact your child's willingness to try, fail, learn, and try again, which businesses need.
Create a feeling of mastery. It takes a lot of risks to raise kids who will be entrepreneurs, but it takes time to get used to uncertainty. When they are young, kids need to be able to test their limits and get over their fears on their own. By giving them a chance to do well, you give them the confidence to take risks.
Being a parent is without a doubt the most difficult job on the planet, and if we compare parents to entrepreneurs, we find that the most important similarities between the two are a strong drive, motivation, creativity, and a willingness to do whatever it takes to ensure their children have a happy life.