Business and entrepreneur-ism seems to be almost a genetic trait. If your parents or grandparents operated a business venture, it's far more likely that you will. the greatest success stories in American history were not written about the life of an hourly wage worker. It is the independent contractor and the entrerprising individual who studies the needs of his market and meets a need better than any others, who succeeds where others fail. As a homeschool dad and small business owner, my 3 children all owned and operated their own businesses when they were college freshmen. It's one of the things homeschoolers teach better than institutional high schools. In fact, my daughter took a homeshool co-op class in advanced marketing where she was graded on how well she operated her own business. Daniel Louzonis is a homeschool dad who wrote a very good piece on this issue...
by Daniel Louzonis
I grew up in an economic wasteland. No, not the Soviet Union. LOL. But Central Massachusetts in the 1980s. As a teenager, the only work options I had were McDonalds for $3.15 an hour or a paper route for even less that. There were simply no opportunities to hustle for a buck. You couldn't even mow lawns because no one had the money to pay kids, never mind landscapers. Moving to Philadelphia for college (UPenn) in 1992 was an eye-opening experience for me. Suddenly I had job opportunities galore at north of $5 per hour and even higher! Though more importantly, I met some truly amazing kids who were light-years ahead of me. While I had spent my entire youth on school, sports, and television (all dead ends!).... Some of these kids, arrived at college with side businesses of their own already. I was shocked to meet 18 year-old classmates who read the Wall Street Journal. Others were trading stocks. There was even one kid I met who launched a massive textbook business right on campus - competing directly with the University Bookstore. Read Daniel's full report at Homeschooling Dad.