In *Raising an Entrepreneur*, Margot Machol Bisnow explores the parenting strategies of 70 parents whose children became successful professionals. Despite initial academic struggles, these children thrived due to four key habits: pursuing personal passions without parental projection, learning resilience through embracing failure, fostering curiosity by allowing independence, and developing empathy to drive positive change. These practices collectively contributed to their children’s motivation, character development, and ultimate achievements in their respective fields.
In her insightful book *Raising an Entrepreneur*, Margot Machol Bisnow undertook extensive interviews with 70 parents whose children have grown into successful professionals. She aimed to uncover the strategies these parents employed to nurture their children’s ambitions. The parents she spoke with came from diverse backgrounds and possessed a wide range of educational experiences, offering fascinating insights into effective parenting practices.
Interestingly, despite many of these children not excelling academically during their formative years, they later found success in fields that ignited their passions. It appears that these parents consistently demonstrated four key habits that contributed to their children’s achievements.
More Than Just Habits
The first common habit among these parents is their understanding that the fulfillment of their own dreams should not be projected onto their children. Instead, they support their children in pursuing what excites them. “Because the children chose their activities independently, they were motivated to work hard. They learned the values of courage and perseverance, quickly surpassing average competency levels. These experiences instilled a strong belief in their abilities, driving them to take action towards their goals,” explains Margot Machol Bisnow.
The second essential habit observed is the encouragement of resilience in the face of failure. “My research revealed that individuals who are more inclined to take risks are those who weren’t punished or made to fear failure as children. Their parents taught them that striving to succeed is valuable, but so is experiencing loss. This mindset allowed them to view failures as opportunities for learning and personal growth,” states Bisnow.
Foundational Habits for Character Development
The third vital habit is fostering curiosity in children. Contrary to the belief that curiosity is a negative trait, it is crucial for children’s development. By nurturing curiosity, children become more independent and resourceful. “As their children matured, these parents resisted the urge to solve problems for them. Instead, they equipped them with the necessary tools to tackle challenges on their own,” notes Bisnow.
Lastly, the fourth habit revolves around instilling empathy and compassion. “These children grew up with a sincere desire to enhance the lives of others. This drive for compassion motivated them to create various works of art, products, or services that contribute to the well-being and happiness of others. Ultimately, it is this sense of purpose that propelled them to professional success,” concludes the author.