• Home
  • Login
  • Registration
  • Twitter
  • Facebook
  • RSS
ESLarticle.com
Tweet
  • Home
  • Articles
  • Blog
  • Members
  • Add Article

Top Categories

Teaching 509
Other 210
Classroom Management 138
Career Development 135
Learning Methodology 121
Study Skills 90
E-Learning/CALL 87
English Language Learning (ELL) 78
Teaching English as a Foreign Language (TEFL) 77
Teaching Methodology 76
English Language Teaching (ELT) 73
English as a Second Language (ESL) 64
Teach in Shanghai
Home / Articles / Teaching / Young Learners / View Article

Publishing

  • Articles
  • Add Article
  • Articles Archive
  • Latest Articles
  • Popular Articles

Latest Articles

Jan 5, 2019

Metacognition in Reading Competency

As related to the reading process, metacognition can be defined as contemplation concerning one's own thinking processes or knowledge of one's own...

Jan 5, 2019

Mass Media Literacy Reflections for Language Instructions

"You cannot teach a man anything, you can only help him find it within himself." Galileo Galilei Mass media forms thrive today. As development...

Nov 30, 2018

Ideas for the First Class with New Learners

~~The first class with new learners can be an anxious one for all concerned – teacher as well as learners. Below are some tips to make that first...

Nov 19, 2018

10 Amazing Hacks for English Learners

10 Amazing Hacks for English Learners It is estimated that there are over a billion English speakers in the world, including native speakers,...

Nov 15, 2018

Building Reading and Writing Knowledge with Very Young Children at Hom

Education Today, December 2013 Building Reading and Writing Knowledge with Very Young Children at Home  Timothy G. Weih University of Northern...

Popular Articles

1141479 Views

5 Creative Ways to Decorate Your Classroom Bulletin Board This Winter

Back to school, fall leaves, Thanksgiving and Christmas all easily lend themselves to great decorating themes, but what to do when those are over...

380278 Views

Three Unique Ideas To Make Your Bulletin Board More Useful

Bulletin boards have long been existent in campuses. They have proven to be such versatile and useful aids in both the learning and teaching...

140276 Views

History of the Chalkboard

Walk into just about any classroom and you will find one: A dark green board on the wall, lined with pieces of chalk and felt erasers. Chalkboards,...

65027 Views

Report Card Comments

For a small minority, writing report cards isn't a big deal. But most teachers generally dread report card writing time. Completing the comment...

47798 Views

Second Language Acquisition: Swain's Output Vs Krashen's Input

1. Introduction: Input versus Output. A general overview In order to assess how compatible Krashen's and Swain's views are, it is essential to...


Developing the Entrepreneurial Spirit in Children

by Phil Falcone

Oct 11, 2010 Young Learners 3806 Views

_notregistered/art_6261_0ca2621dd3~.jpg

I love the business that I'm in, and while there are a lot of ways to make money in this world, I happen to think this is one of the best. I very much want my son to follow my footsteps into this business. My son is currently twelve, but I already had countless discussions with him about the real estate business. Over the summer in between school, I was working on several flips, and I required him to work a minimum of four hours a week at my buildings. I paid him well for his time showing him what hard work paid. I had him painting doors and doing various projects. I've always believed that construction is an essential component to being a landlord. When you're coming up in the business, you need to learn how to fix things even if you intend to hire people to do it. The knowledge and skills have been priceless in my career, as I still to this day build a kitchen from time to time.

When my son gets to the age where he's thinking about college, things should get pretty interesting. I have some outside-the-box ideas when it comes to education. I work too hard for my money and have too much respect for my nest egg to see it go to waste if my son is not focused on going to college. I'd hate to spend $50,000 a year so he could smoke pot and chase girls and get mediocre grades. I would demand that he does much better than that for a return on my investment of $50,000 year. If he has no desire to attend college, then I would offer him a plan I call entrepreneur 101.

Entrepreneur 101 assumes that college costs $50,000 year for four years giving you a $200,000 investment in your son's education. Why not use that money to buy a $1 million apartment building with say fifteen units in it. I could buy an apartment building and have my son work there. As he learns about construction, communication with tenants, sales as he rents apartments and all the other various things that you learn when you manage a piece of commercial real estate. If he does well there, I could offer him a piece of the building, and if he doesn't do well there, he could take the low road and my money didn't go to waste.

I want my child to grow up to be an entrepreneur who steps up to be a man and make something of his life like the millions of Americans before him. To me American ends in "I can," and I believe that I can do anything if I set my mind to it. Working for yourself is one of the greatest experiences you can ever have, and being your own boss provides you with rewards you will experience every day for the rest of your life. No matter how much money you make if you're an entrepreneur who works for himself, I think you can guarantee you will be happier and healthier as your stress levels will drop off significantly.

Working for somebody else can be incredibly stressful, and when you throw in all the office politics, it's enough to make you nuts. I went to college for engineering and worked as an engineer for ten years as well as a salesman for ten years. So even though I worked in the corporate world for twenty years, my heart was always in being an entrepreneur. These ideas don't come without some effort. Your children need to be taught how to be entrepreneurs, and they need to be taught an entrepreneur's attitudes toward business. They certainly won't be taught this from some unionized teacher in a public school system that never made a payroll in their life. They need to be taught this by you and they need to see this lifestyle lived by you as an inspiration for them to enter into a business like the real estate business.

On the flip side, I don't want some liberal professor who spent his whole life going to college and then working in a college messing up the way my son's thoughts are processed. I've met more than my share of professors, and I think many of them have a liberal attitude in politics and an elitist attitude in general. I want my son to be inspired by business people who made their bones in this world by working hard and taking chances to become something. I don't want a liberal professor who never had to make a payroll in his life explaining to my son how the business world works because he has no idea how it really works. If he had any real business skills along with the guts to make it happen, he would not be teaching it. He'd be doing it. Capitalism is not a dirty word in my house, and lame liberal attitudes along with overreaching government officials are something we strive to fight.

Writing this book is another way of getting through to my son. First of all, I can make it mandatory reading for him easily since he has read many books for school. His school requires him to read twenty-five books during the school year, so this one will surely be on his list. The second idea is what if I fell off a cliff tomorrow? My wife would see to the business and raising my son, but only I can communicate to him my theories on real estate as I have written in this book. He would become an owner one day of some real estate, and this book may get him off on the right foot. Go out of your way to be your children's professor of entrepreneurism and help them to develop the much-needed spirit in their hearts.

 

Article source: http://eslarticle.com/pub/teaching/young-learners/6261-developing-the-entrepreneurial-spirit-in-children.html

  • General Information
  • Pictures
Author Info

Author Name: Phil Falcone

About Author: http://www.addicted2realestate.com

General

Pictures:

Most Recent Articles

  • Aug 26, 2017 Primary School Homework - Is There Any Point? by Phil Falcone
  • Feb 18, 2017 Curiosity and Inquisitiveness by Phil Falcone
  • Oct 15, 2016 Home Away From Home - Preschool And Its Importance In A Child's Life by Phil Falcone
  • Sep 20, 2016 Extra-Curricular Activities in Elementary Schools by Phil Falcone
  • Jul 23, 2016 Early Bilingual Learning: Is It Necessary? by Phil Falcone

Actions

  • Print Page

Articles Archive

  • May 2022
  • March 2022
  • February 2022
  • December 2021
  • November 2021
  • October 2021

Random Articles

Classroom Management

How To Gain Immediate Control Over Any Classroom

You may wonder why it is that some teachers seem to gain immediate respect from their class no matter how intolerant or hard to control the class...

Classroom Management

Establishing Steadfast Routines Will Improve Your Classroom Management

One great way to undoubtedly improve your classroom management as well as the overall organization of your classroom is to establish routines....

Teaching Methodology

Education 2.0: 5 Ways To Make Exceptional Lessons Of Yesterday The Edu

In the 80s, as a music teacher for kids with labels and diagnoses, it was my joy to have had the forethought to have school systems buy mixing...

Writing

What Are Examiners Looking for When They Pose Essay Questions That Ask

Answering exam questions, essay questions or questions set as part of a dissertation or thesis completion can be difficult to decipher. One of the...

Teaching

Group Discussion Methods - Who Is in Charge?

In many ways, business seminars have led the way in utilizing educational methods that maximize the opportunity for active involvement on the part...

About ESL Article

ESL Article is a private ESL/TEFL site designed and maintained by educators and educational administrators. It was launched in August 2008 with the aim of bringing ESL/TEFL students, parents, teachers and schools information and articles about the teaching profession and learning community.

Icon Group Member

ESL Article is a member of Icon Group Thailand (IGT), a group of ESL TEFL TESOL websites providing educational resources and information to teachers, schools and students around the world. The group was founded in 2003 and now includes 15+ websites covering educational information services, teaching resources and e-learning.

What is ESL?

English as a second language (ESL) is the use or study of English by speakers of different native languages. It is also known as English for speakers of other languages (ESOL), English as an additional language (EAL), and English as a foreign language (EFL).

  • Home
  • Registration
  • Privacy Policy
  • Terms of Use
  • Help
  • Partner
  • Contact Us
  • About Us
​

© 2022 ESLarticle.com.
Member of Icon Group Thailand - Educating the Future:
TESall All TESOL  Total ESL  ESL Job Feed
TEFL World  TEFL Jobs Overseas  Teach Overseas
Asia TEFL  ESL Powerpoint  Teacher Training