Understanding start-ups is essential for kids: Here's why

According to a recent report by the World Economic Forum, 65% of children currently entering primary school will have jobs that do not yet exist. Traditional education will fail to prepare them for it, increasing skills gaps and unemployment in the future. Since then, we have seen a pandemic and the world is a harsher place now. But what if the child can become a job giver instead of a job seeker? That’s why we need to teach them about start-ups. Read on to know more. 

Academic records may not suffice in the future. 
Think how much time schools give in preparing kids for board exams and IIT-JEE. And think how much is dedicated to entrepreneurship training. It won’t take a Maths wizard to state the obvious: the number heading for standard academic exams and getting much the same result is disproportionately higher than independent thinkers. If we want our children to succeed, we would need to teach them how to stand apart in a crowd of millions of kids who have passed the same exam and thousands who share the same high marks. Start-up training does exactly that.  

Innovation will always find a place. 
Kids are more innovative than us. They can think out of the box because they are not yet ‘boxed’. Once you teach them about start-ups, they would feel encouraged to emulate successful business people. This approach will help them, whether they are entrepreneurs or employees.  

Start-ups are about responsibility, perseverance and hard work. 
The founders of Yahoo, Google, Facebook, Twitter or Instagram did not just write a piece of code and then lay back enjoying money pouring in. All of them had to work incredibly hard, have a strong sense of ownership about their product and their decisions, and just continue at it till they succeeded. They also had to work successfully with teammates.  Learning about what makes start-ups click will build these qualities in kids. Even if they don’t own a business, they would make great team players as employees.