CHILDREN IN BUSINESS
CHILDREN IN BUSINESS
Business is not age-specific-it does not discriminate on the basis of age. However, there is a misplaced culture of regarding business as being exclusively suitable for only adults. Business is a platform for continuous learning, and, like education, is supposed to be taught to children as early as they become mentally and physically fit to attend school.
Children are indisputably the leaders of tomorrow. It has also been proven scientifically that childhood, teenage and youth are the stages in which humans are at their sharpest when it comes to learning and assimilating. Children can therefore be guided, mentored and tutored by their parents to develop business acumen, and do so early enough.
News went viral recently of a little Nigerian girl named Lily Adeleye, who became the youngest CEO at the age of 5. Little Lily was mentored by her mother, Courtney Adeleye, founder and CEO of Mane Choice, a hair care products company. It is obvious that the older Adeleye saw the requisite potentials in her daughter and, having tested the waters of business and become a huge success herself, decided to take good advantage of the young mind of Lily, a step that has set the little girl on the pedestal for business excellence.
Already the owner of a large superstore in the United States, Lily is building a business empire by selling hair accessories which are uniquely designed and are also on display at Target Stores, one of the biggest superstores in the United States. What a fulfilling experience it is to see the hair care products of mother and daughter displayed side by side and making huge sales! This was made possible through an early mentoring effort.
A lot of children are often identified with high IQ, and the tendency is for adults around such children to begin to tout them for such professions as medicine, engineering and law which are considered more prestigious and lucrative. Whoever said that children cannot be coached in doing business while being groomed for such professions? Age-by-age guidance by parents can go a long way to nurture children into business. There are various characteristics that indicate a child’s Intelligence Quotient, such as inquisitiveness, a proclivity to be engrossed in books, a desire to learn and innovate etc., and these are signs that such a child is wired to excel in business.
It has become a popular trend for wealthy parents to invest in businesses for their kids even in infancy. This effort can be complemented by a sound mentoring of such children along business lines to enable them manage such investments effectively when they come of age.
As a final thought, let us ponder these questions: With jobs getting increasingly difficult to find, is there a better way to position children for self-sufficiency than by coaching them into entrepreneurs and business people? When parents retire from active operations of their businesses, is there a more reliable option of whom to entrust the running of their businesses to than their children?