Can investors wholesaling houses use their businesses to teach kids entrepreneurship?
If so, how can wholesaling houses be used to teach entrepreneurial skills to kids, why is it so important, and what other resources are available for helping kids grow and even become real estate investors themselves before there are even out of school?
Wholesaling houses is actually an incredibly powerful way to teach kids of virtually any edge about entrepreneurship, money management and investing.
There are many challenges facing society, parents and kids which can be addressed by a more entrepreneurial generation. Businesses need innovation and team players that know how to hustle, the world needs a new generation of socially minded, financially educated, and brave world changers, while parents and their kids need solutions for boosting rocketing tuition fees.
Wholesaling houses is a great medium for teaching and equipping the next generation for parents and mentors taking other kids under their wings.
While wholesaling properties may be considered among the simplest of real estate investment strategies it offers an incredible menu of opportunities and mediums for empowering younger generations.
Some of the many teachable elements include:
· Work ethic
· How to look for ways to constantly work smarter
· Developing problem solving skills
· Learning to recognize opportunities
· Recognizing what makes a good real estate investment or not
· Practical personal and business money management
· Business planning
· The need for and value of giving back
· Effective team working
· Becoming aware of different fundraising tools
· Leadership skills
· Marketing and salesmanship
· Effective communication skills
· The importance of education
There are also a variety of ways to get kids involved and learning. This can range from virtual investing and tracking the performance of deals in test mode, to hands on inspections and sweat equity cleaning up properties to creating marketing materials and executing marketing campaigns.
Whether kids are 3, 13 or going on 23 there are multiple ways to get them involved, learning real life skills and equipping them mentally, financially and practically to provide for themselves and their future children as well as changing the world for the better.
Those that find these lessons from wholesaling houses inspiring can also look to other entrepreneurial platforms like KidBacker which offers a crowdfunding site for kids to fundraise for themselves for financing their own small businesses, investments, charitable missions and saving for further education.
Those that try out getting their kids involved in wholesaling houses can find it helps build character, practical skills, respect, appreciation and creates invaluable bonding moments.
ไม่มีความคิดเห็น:
แสดงความคิดเห็น