The 11-Year Old CEO

How to raise an entrepreneur

Okay, so raising smart, savvy, altruistic kids might seem too good to be true. Here’s how you can help make it happen.

Teach them empathy

Emotional intelligence (EI) is that indefinable ability to read others’ emotions and react in the best way. It’s a key quality possessed by 90 percent of top performers. To help build kids’ EI, give them opportunities to appreciate different points of view. To help them develop a sense of social responsibility, encourage little ones to volunteer for causes they’re passionate about.

Give them some freedom

Creativity and innovation are hallmarks of entrepreneurship. One study found that kids benefit from finding their own passions—rather than being pressured to excel at a certain activity. Researchers suggest that when children have this autonomy, they’re more likely to get involved in music, sports, and other hobbies. This was certainly true for Psaila, whose mom admits that she doesn’t share her daughter’s passion. “I don’t sew at all,” Candy laughs. “I iron, I pin, and I cut fabric—sometimes wrong.”

Let them take risks

Psaila’s story is proof that you’re never too young to make a difference. Kids may be afraid to fail when trying something new, so encourage them to see setbacks simply as something to learn from. Try apps such as Positive Penguins, which can help tykes develop optimism and resilience.