Raising an Entrepreneur

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Parents agonize over how to raise independent, successful kids. Instinctually, you want to protect your kids from what seems like an increasingly dangerous and heartless world. Businesswoman and mom Margot Machol Bisnow says to resist being overprotective, guide your children gently in discovering their strengths and passions, support them no matter what path they choose and give them enormous freedom, early on, to pursue their loves. Parents should stand up for their kids' unconventional interests, but get out of their way. Bisnow suggests letting your kids fail, letting them discover cruelty and not protecting them from adversity. This builds resilience, selflessness, determination and "grit," the traits she says entrepreneurs need to succeed. Though her manual is sometimes repetitive and even contradictory, getAbstract thinks parents will find her advice intriguing. While you may never give your youngsters as much independence as she advocates, she bolsters your belief in them and your support for their dreams.