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How to talk to young people about entrepreneurship

Our culture is obsessed with success — mostly because success, as portrayed in media, is sandwiched between wealth and fame. This idealist notion of success, especially in terms of entrepreneurship, has extreme consequences. Hearing stories about those select few who have made millions can alter young entrepreneurs’ expectations of themselves and their perspectives on the future.

I’ve been an entrepreneur for most of my life, and I’ve been teaching skills associated with entrepreneurship for over ten years. In working with clients and students of varying ages, I’ve learned:

Emphasize progress, not results
Entrepreneurship is a long road filled with pivots, failures, hiatus, flashes of brilliance and extreme exhaustion. When successful outcomes are the only stories highlighted, the heavy lifting journey loses value. It is imperative that students learn the importance of sticking things through, even when challenges become great. Success rarely happens overnight, and students need to understand hard work, patience and determination.

Build autonomy
Autonomy is belief in ability; when a student develops skills that contribute to her autonomy, she builds confidence and independence. Research has shown that autonomous students are more motivated, make better decisions, and are more responsible than their peers. Groups exercises, presentations and debates can push students to find answers and perform, even (and especially) when they are nervous.

Encourage questions
Asking questions is an essential step in finding new ways of doing things and improving outdated products. When students learn to think critically, there is no end to what they can do. Students who acquire critical thinking skills are able to analyze arguments, evaluate information and transfer ideas from one environment to another. And in today’s world, when industries borrow from others and businesses must quickly adapt to changing market needs, these skills are essential.

Teach communication skills
The ability to communicate is one of the most valuable business tools. If a student can structure an essay and clearly articulate key points, that student can learn to write a pitch, compose sales emails and rehearse cold calls. Being able to communicate (and listen!) builds confidence and empathy. Both are necessary for entrepreneurs.

Find local role models
No matter where they are in the world, students have heard of Bill Gates and Steve Jobs. Introduce your students to local entrepreneurs. Tell your class stories about people in their neighborhood, people who have built something, kept it going and continue to show up day in and day out. Even better: invite these businesswomen and men to your classroom and set up a mentoring program.

Reward mistakes
Students need to understand that few, very few people, get it right on the first try. Products can be taken off market and rebranded, launches can happen more than once, sometimes you have to go back to the drawing board and start all over again. Talk to your students about famous people who failed but kept going. Teach students to edit and find their own mistakes instead of giving them paper with red ink scrawled all over the page. Work with them to identify where mistakes occurred so they don’t happen again.

Our world needs young people who are confident, who aren’t afraid to question, and who get back up after failing. It’s our duty to show them how to do it.

Priorities

Without a clear list of priorities, you will be sidetracked. Fixed, clear goals help you say yes when it supports you and no when it derails you. Priorities steer your ship in the direction you want to go as oppose to being blown around by life’s unavoidable forces.

Commit to at least three areas in your life and move them to the top of your “to do” list. Once you have these goals identified, you can work backwards to set monthly, weekly and daily actions. After all, one hour each day adds up.

7 perks of growing up

I sat down to make my annual birthday list of what I’m grateful for. I’ve noticed some common themes, and I’m attributing positive change in my life to these seven key areas:

Patience – In my twenties, I was carried away by emotions and split-second decisions like a kite in the wind. With time, I’ve learned how to sit through unpleasant and uncomfortable feelings and deal with situations from a more focused, grounded place.

Perspective – A friend once told me perspective was the key to a happy life. I agree, for I have found that keeping a balanced scale when confronting challenges and successes makes a big difference. There will be lows and there will be highs, good days and bad, some uninspired days in between. (As a monk once told me, “If there is no night, how can there be day?”) Also: never underestimate the power of a good laugh.

Confidence – Gone are the days when a negative word sends me into a downward spiral. I’ve learned the importance of being yourself and how not giving a fuck can propel your career and personal development forward.

Curiosity – Curiosity is like a plant. Feed it, nurture it, it will grow. This is one of the most exciting parts of living: the ability to explore, ask questions, learn and be stumped.

Compassion – Life experiences have given me a better understanding of the pain and challenges swirling around in the world, and time has taught me the wisdom and patience needed to listen to others without making assumptions. Of course you may not have been through exactly the same situation as someone else, but you can listen to their unique story with an open heart and mind.

Relationships – I’ve gently discarded relationships that are harmful and have embraced those that are loving, supportive and encouraging. I no longer hold onto people out of guilt or necessity. Instead, I actively choose those individuals who stand by me through ups and the downs. I appreciate these people dearly.

Contentment – I am able to enjoy and savor simple moments without constantly having to worry about the next move or what might happen in the future.

What do you think is best about growing old(er)? Tweet me @redheadlefthand.

Here’s to another great year of discovery and excitement!

Commitment

I was speaking with a fellow writer today. He has two kids, a humongous garden, several horses, two rambunctious dogs and a wife. “Commit to a schedule,” he said. “It’s the only way to get anything done.” He told me that we have to trick our minds. That by establishing the practice of sitting down and writing every day — even if it is two hours of futzing around with one paragraph — is important.

We commit to partners and pledge to causes and sign contracts. Why can’t we make a commitment to ourselves, to our art?

If you want to finish anything you’re proud of, you have to commit to it. Reserve that hour, set up a monthly schedule, make your work a priority. It doesn’t matter if it doesn’t pay. It doesn’t matter if it feels selfish. This is your art. Commit to it.

Asking is an exercise in humility

Asking for help isn’t easy. Asking for money, for guidance, for a ride, for a raise. When we ask for something, we’re admitting there’s a gap, something we don’t have.  “Hey, I don’t have this thing that I really need. Do you?” We lack resources or knowledge or ability, but the person on the receiving end of the question has it. This dynamic can make us feel vulnerable and weak.

Needing help doesn’t indicate flaws. In fact, asking for help can be a sign of strength and growth. Asking is a characteristic of true leaders and gives others the opportunity to shine.

The next time that voice of fear rises when you need help, pause. Recognize you’re on the edge of change and savor the chance to share your work with others.

I just asked for help here. Yes, it was scary! I hate writing asking emails. But the supportive responses I’ve received and the messages of care that have filled my inbox are like cool glasses of iced tea on a hot summer day. People WANT to help. Your friends want to see you succeed, I promise. Give them the opportunity.