Raising Entrepreneurs

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My daughters will probably hate me for this in the end, but I have to keep talking about the things they say!

As they get older, they are encountering money situations more often, so I get more opportunities to hear how they think about money. I have to admit, sometimes I am just blown away by what comes out of their mouths.

Our oldest quit her job at McDonald a few months ago, in favor of a career in internet marketing. Her current ambition is to be a copywriter. But she has had a few health challenges, which have slowed her down from acting on most of her grand plans, and as a result, her cash flow has been dramatically reduced.

A friend of mine was asking her how she’s coping with her financial situation, and she came out with the following profound observation.

“I’m poor,” she said. “But I’m not really poor. I’m only poor in the sense that I don’t have any money. I’m not poor in the sense that I have no way to get money.”

How good is that?

It is such a profound statement that I am still impressed, two days later.

She is completely un-stressed, even though she can’t do the things all her employed friends are doing. She knows that money is available, if she really wants it. The sense of security in that awareness is absolutely priceless.

Whatever she does with the rest of her life, it will not be shaped by a sense of powerlessness and desperation. She has enough entrepreneurial attitude to find ways to make money, wherever she is in life. If she is not making money, she knows that is her own choice, and not the tyranny of an uncaring Universe.

This sense of self-reliance is something that most adults lack, let alone kids of fifteen.

Hearing this quiet confidence makes us realise that the effort we have put in over the years, teaching her about money, has all been worthwhile.