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How Can I Help My Child Start a Business?

There are many things you can do to support your child's entrepreneurial aspirations.

This story appears in the November 2003 issue of Teen Startups.

Q: Ineed some guidance so I can help my 15-year-old son become anentrepreneur. His dream is to start his own karate school. He isalready a black belt and has said that he'd like to teachyounger children and single women how to defend themselves. Ithought that perhaps he could run an after-school program or teacha class. He's already had his own little business that westarted up for him in the past.

A: Itis wonderful that your son is already showing an interest inbecoming an entrepreneur. It also sounds like you are providing anurturing environment for him. The key to any individual'ssuccess is the support and encouragement he or she receives whilegrowing up.

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