Just imagine being able to spot your child’s gifts and passions and then encouraging then to use them to bless others. Wouldn’t you agree that their would be a lot more joy and excitement in your house if everyone was using their gifts and following their passions?
I truly believe that as parents we can take on the role of helping our children discover their gifts and passions and then supporting them in creating a stream of income from it for themselves or to give to others.
I recently talked to Beth Daniels, founder of Around the Table Games and then mom of Kate Daniels, CEO Kid.
Here’s the interviews I did with her on how she helped her daughter turn her gifts and passion into profit!
Sarah: When did you notice that Kate was interested in making money or being in business?
Beth: When Kate was about 8 years old, she expressed an interest in photography. She saw an opportunity at a church event (the blessing of the animals) to take photographs. She volunteered to take photos of the pets and their owners. She made a backdrop, bought supplies, etc. She took donations but donated most of her money back to church. Since then, she has identified other needs , such as the need for “kid focused” conversation games to add to our existing line of conversation games. She also has recently started painting and taking orders for her paintings.
Sarah: That’s fantastic! How did you go about introducing her to mentors?
Beth: Her dad and I act as mentors since we own our own business. She seeks inspiration from numerous people (ex: her cousin who is an artist, etc.)
Sarah: Beth, since you own your own business, do you think that has given you an edge in raising a CEO Kid?
Beth: Yes, Kate will tell you that she saw the positive impact our games had on families, that’s why she suggested kid versions of our games and went on to write and create those games.
Sarah: What you just said is so true – she SAW YOU and what you were doing. Entrepreneur parents often have that advantage of being able to show their kids what business is all about. What a blessing to be able to be an example for your daughter in the business world! What did you to do support Kate along the way?
Beth: Help her to bring her ideas to market, help match her ideas with situations where she can express her interests, and simply encouraging her.
Sarah: OK – So how do you help Kate stay balanced in all the other things she has to do in her life?
Beth: She does a good job herself of retreating for some “me time” when she is feeling overwhelmed. She juggles everything very well most of the time.
Sarah: That good to hear that she has already learned how to take time for herself. What role besides that of parent do you in Kate’s business?
Beth: We help promote her ideas and share her ideas with people who might be interested in her work.
Sarah: What were some of the challenges that you all faced in helping her become the success she is today?
Beth: Actually one challenge we still need to do a better job of is teaching her the financial side of things. We have paid for some of her supplies at times….later to realize that she is not learning the real concept of expenses related to income. So we are working on that!
Sarah: That is so important Beth. I know that once we made sure our children had a clear understanding of the expenses they did better in business. What would you share as your TOP 3 – 5 tips that every parent of a CEO Kid should implement?
Beth:
- It is important to put family, friends and school first.
- The best products result from including your target market into the creation of the product.
- Share your gifts and passion in order to create a positive impact on others.
- GO MAKE A DIFFERENCE IN THE WORLD!!!!!
I love those Beth, especially the last one – GO MAKE A DIFFERENCE IN THE WORLD! If every parent taught that by modeling it and every child embraced that, the world would be a different place.
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