How To Teach Your Child To Make A Living

Apr 13 2010

Posted by admin as Home Schooling

Do colleges teach you how to make a living?

I was talking with an industrial psychologist once about college and making a living. The psychologist said: “the only people who go to college are the ones that aren’t smart enough to make a living without it!” Well, I think that is a gross exaggeration but there is some truth in it. But everyone needs to make a living some time, and the sooner we learn it the better off we are.

As a homeschooler you have the advantage of teaching your child this yourself. It comes naturally to some, some learn it via osmosis from their parents, and unfortunately some never seem to figure it out. Focusing some time on it with your child early will make a difference. I suggest that you teach your child how to make a living by comparing it to how businesses do it. Done right, your child will learn both, and get equipped for either a job or an entrepreneurial venture when he grows up. Here are a few simple things to start with:

Businesses have a purpose, to serve their customers; individuals’ purpose is to serve their employers. Businesses need a product or service that is in demand in the market place; individuals need a service that is in demand. Businesses need to keep their product/service current; individuals need to continue learning to keep theirs current. Businesses need sales people that have relationships with the customers; individuals need relationships with others for personal support, networking for job searches and to help others too.

Businesses need to know their financial situations; individuals need to manage their money also. Businesses need equity to support their business growth or downturns; individuals need savings to support large expenditures and reserves in case they lose their jobs. These are just a few simple comparisons, there are many more. If you are uncomfortable with businesses and how they work, find a friend that is in business or owns a business to talk with your child about these concepts.

Most business people will quickly pick up on the concepts here and can show your child how these things work in their business as well as how they would work for individuals. Not too many colleges I know think like business people, they are educators. I would highly recommend the homeschooler teaches this before investing a large amount of money in college so your child gets the most out of their education. You can teach your child to think like an entrepreneur, that will give him the options he/she needs to make a living.

Rob Severson, Author, Speaker and Financing Coach. I help businesses get new financing to pay off unhappy banks or for rapid growth. I have been in the financial business over 40 years and have a wide breadth of experience in business issues. I have successfully coached 100′s of business to get new financing. I know how to put a deal together. I also wrote a book “Connectiing Peace, Purpose & Prosperity” that is a memoir written for my family showinig them how I learned to live a life that is happy, joyous and free including making a living. It is a short interesting peek into an “average guy’s” life and what he tells his heirs. I also do speaking gigs on the subject for churches, schools, AA groups and others.

http://www.robseverson.com

Article Source: http://EzineArticles.com/?expert=Rob_Severson