So instead, what if we turned the tables and “I ended our conversation—as I always do with work harder than everyone
han everyone else.” Second, it’s
went straight to the source, the very people new people—by asking him for his own best OK to fail. who know the most about raising success… piece of advice. He said something so simple As Rachel puts it: because that’s how they were raised? that’s stuck with me: ‘Don’t sweat the small stuff, because everything is small stuff.’ “My parents’ hard work gave me the freedom To do that, I tracked down 10 teenage to fail because I didn’t have to immediately entrepreneurs who have already seen massive “Being an entrepreneur is not easy, and I’ve shoulder all the responsibilities of the real wins, and asked one question: “What’s the seen many that get upset when they don’t world. When you’re a teenager and your single best lesson you’ve learned so far?” make a sale, when they’re criticized or when business falls apart—like my first did because I they’re not valued because of their age. When Here are their answers. was too young to sign legal contracts—you’re I feel myself getting frustrated or not going to end up homeless and starving. 1. Don’t sweat the small stuff. overwhelmed, I force my mind to go back and Not if your family is behind you.” remember, ‘Don’t sweat the small stuff, Caleb Maddix isn’t your typical 14-year-old. As because everything is small stuff.’” Giving your child the freedom to fail doesn’t he unabashedly told Forbes earlier this year, “I mean bailing them out or sheltering them from don’t want to be 20 years old and looking for a That’s good advice for any age, but given the the downside of their mistakes. But it does job. I want to be 20 years old and providing challenges and pressures of being young, it’s mean creating a safe space in their lives to jobs! My goal is to be a billionaire by 30.” especially powerful for your children to hear. experiment, take chances and learn. Of course, more than just hearing it, As the CEO of Kids 4 Success, a membership embodying that principle and modeling how to 3. Mortality breeds passion. site for aspiring entrepreneurs, he’s well on his take disappointments in stride are necessary. way. In fact, Caleb’s worked with greats such Will Hewitt had a typical, small-town as Gary Vaynerchuk, Kevin Harrintgon, John 2. Failure isn’t the end. upbringing: His mother was a teacher and his Lee Dumas and soon Tony Robbins. father was a seafood marketer. In late 2015, As the 16-year-old founder of YOUTHXCO, an Will, 16, co-launched the robotics Surprisingly, the best lesson he’s learned so far independent clothing company aimed at youth company Thnkbot, committed to introducing didn’t come from any of those big names. empowerment, Rachel Ji has already other young people to his passion: electronics Instead, it came from a security guard he met experienced the ups and downs of and programming. at a hotel: entrepreneurial life. Her parents were first- generation immigrants to New Zealand and Since then, he has been invited to Silicon hearing stories about her dad washing dishes Valley multiple times to meet leaders from all for $3 an hour to support a blossoming family over the startup spectrum, from three-person “Don’t sweat the small stuff, because while attending college taught her two things. dream machines in someone’s garage to top- everything is small stuff.” level management at Google. First, obstacles are not an excuse: “If the odds
are against you, all that means is you have to What was Will’s impetus? “If there’s one lesson, it’s that passion is key to “The best gift my parents have given me is not when I almost got in huge trouble for starting a everything you do. Time is very finite, and the doing everything for me. My parents were homework-selling network. I can attribute all sum total of what you manage to create in upfront that if I pursued these things on my this to them seeing the bigger picture.” those 80, 90, maybe even 100 years is what own, it would be my responsibility, not theirs. It can be scary to let your child go all in on you are going to be remembered for. “Some parents do all the nitty gritty work for their entrepreneurial journey. But often, that “I was taught that you have to question their entrepreneur children, but my parents fear is self-centered. Resisting the temptation yourself every day, Is this what you want to be want me to learn on my own. They want me to to bubble wrap kids with the word “stop” is remembered for? And if that answer is ever no, learn through doing, making mistakes and hard, but there’s no substitute for letting them then you may as well not even get up that day through the best form of education possible: make their own choices. because something needs to change.” experience.” 6. Adapt to change. Raising your kids beneath an awareness of The lessons that often mean the most aren’t Last February, Benjamin Stern, the now 17- their own mortality might sound strange, but always what parents do… but what they don’t. year-old CEO and founder of Nohbo, appeared that knowledge—reinforced by self-searching 5. Resist the temptation to say “stop.” alongside his “bubbie” (his grandmother) questions—shortcuts the wandering paths on Shark Tank and closed a $100,000 deal with many young people get lost inside. Putting the At 17, Connor Blakley works with brands on Mark Cuban in exchange for 25 percent of the limits of life front and center puts a premium youth marketing, specifically Gen Z; his tactics company. on passion. have been featured in Forbes, Entrepreneur, Inc. and Huffington Post. In 2016, StartUp Although the episode highlighted Benjamin’s 4. Experience is the best teacher. Grind named him the “number one high-school love of both innovation and the environment With $500 in their pockets and a 6-month-old entrepreneur to watch.” (Nohbo sells “the world’s first eco-friendly baby, Shreyas Parab’s parents moved to the shampoo ball”), what it didn’t show was the Why all the buzz? Simple. Because Connor’s U.S. They were alone and scared, but they lesson attending nine different schools over by-GenZ-for-GenZ advice comes directly from didn’t let that stop them for pursuing the the past few years taught him: the hard-won experiences his parents never reason they came: a better future. stood in the way of. “My parents seemed to have a strange Shreyas, 16, is an entrepreneur to the core. He addiction to moving. Even though there were As Connor puts it: started his first company, NovelTie, when he moments of extreme discomfort, I think was 14, and after almost $20,000 in sales, he “My parents played an important role in my serendipitously, they taught me to adapt to started a second, SpellForSuccess, which was formation as a young entrepreneur. But it’s the new—new challenges and new recently acquired by an education company in what they didn’t say to me that mattered surroundings. It wasn’t easy all the time, but Chicago. most. My parents never told me ‘Stop!’ the frequent moving is a character builder, and whether that was selling door to door or it makes an individual confront what they Where did Shreyas’ drive come from? littering my room with rock collections I was dread: change.” merchandising. They didn’t even get mad Change is an inevitable and often painful part can make yourself immortal if you help others In other words, clichés are clichés for a reason: of entrepreneurship. Unfortunately, it’s also an without being selfish.” They’re true. But if you want to plant those ethereal concept to most young people. truths in your children’s minds, repetition isn’t We’re all naturally selfish creatures. However, Teaching your child adaptability doesn’t enough; you have to live them out. fulfillment comes not from pursuing our own necessitate moving. That’s one approach, but ends, but from selflessness. Giving your kids a 9. Commitment before accomplishment. it can also be instilled by inviting them into the taste of that deeper fulfillment early on, the big decisions you’re facing as well as not Born with a life-threatening illness, Marc kind that comes from attaching themselves to sheltering them from the changes they Guberti’s mother left her job at Goldman Sachs a cause bigger than just them, sets them up to themselves might experience. to study food chemistry and become a pursue it throughout life. medicinal nutritionist. 7. Life is bigger than you. 8. Actions prove words. After his recovery, Marc, now 18, started a When they were 12, twins Yashraj and Yuvraj James Corneille is an Irish tech entrepreneur blog as an outlet for the voice he felt he’d lost. Bhardwaj used to do their best thinking and founder of Positivity Pack, a box That small taste of online success snowballed outside of the classroom. Not by choice, but subscription service with one goal: “to spread into 15 books on marketing and high because the doubts and questions they raised happy vibes.” At 18, he’s collected a host of performance, a social-media following nearing were far enough beyond the assigned awards and accolades that’s too long to 500,000, a podcast (where he recently curriculum that their teacher would banish reproduce in full but includes top honors from interviewed Seth Godin), speaking them outdoors on a weekly basis. the European branches of Microsoft, Facebook engagements, and Business Whiz Kids, an Now 17, the brothers have authored 22 and Google. annual youth summer program he founded research projects, possess seven patent with his brother. So what’s the lesson that stands out most in applications, presented at TEDx Delhi, and James’s mind? And it all comes down to a single idea: were awarded the 2016 REX Karamveer Global Fellowship in association with United Nations. “It was seeing my mother and father follow “My mother’s commitment proved to me that Their passion for biochemistry and electronics their own dreams of helping people and if you put your mind into anything you can was fueled at an early age. changing the world that inspired me to do the accomplish any goal, no matter how big. My same. I knew I wouldn’t be happy doing health struggles silenced my voice for so long As Yashraj told me: anything else. that it created a reservoir of desire for me to “Our parents used to tell us that life is bigger elevate the lives of others with my message. “While I was growing up they would say things than you. The truest life, fulfillment, meaning This commitment to spread my message like, ‘Follow your dreams’ or ‘Do what you and joy is found in the service of others. They combined with emerging social networks love.’ Advice like that is easy to disregard as encouraged us to create nontraditional created a stream of endless possibilities.” cliché because it is. However, once it becomes solutions to problems that other people were more than just words—real actions you can 10. Make the struggle feel natural. either ignoring or letting this world down. You see from your parents—they get driven home and come to life.” The oldest entrepreneur on our list, Ulyses As Charles Duhigg wrote in Smarter Faster Osuna, is 19, but he’s also one of the most Better, “We should reward initiative, ambitious. As the founder of Influencer Press, congratulate people for self-motivation… Ulyses hasn’t just appeared in major applaud a child who shows defiant, self- publications such as Forbes, righteous stubbornness and reward a student Entrepreneur and Inc., he’s built a thriving who finds a way to get things done by working business around getting his clients featured on around the rules.” those same publications themselves. And second, raising success is about doing The public relations world is notorious for high more than just speaking good advice, but levels of rejection, which is why Ulyses’ best putting it into action. After all, it’s not so much lesson is all about reality: the lessons we teach with our words, but the lessons we teach with our lives that last. “My parents didn’t tell me traditional things like, ‘Oh you got this,’ ‘Just do your best’ or ‘You can be anything you want.’ It was more things such as, ‘You know, very few people make it in the world, right? If you’re going to do this, you need to commit because it’s hard out there.’
“They set the realistic expectations of what life
as entrepreneur was like. And because I was taught at an early age that it was going to be a struggle, it was easier for me to pursue. The struggle felt natural.”
So what do all of these lessons have in
common? Amid all the different stories, it comes down to two key ingredients. First, getting real about what entrepreneurial life is like: the disappointments, failures and pressure. This means giving children genuine autonomy: the freedom to make their own choices and face the consequences.