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"What exactly happens when we are young, full of creativity and ambivalent about the world, let alone know what we will become?" So writes Carol Dweck in a post at Forbes.
"What shapes our mindsets to become more confident and resilient or to shy away from challenges?" That's where she comes in.
Dweck, a professor of psychology at Stanford, has studied the behaviors of thousands of children and found that kids who grow up believing they can become smarter are more likely to become entrepreneurs.
"The development of your mindset happens at an early age without you even realizing it," she writes.
"And that might just impact your ability to become an entrepreneur."
So what can parents, teachers, and friends do to prepare their kids for life's challenges? First, Dweck suggests adopting a "growth mindset."
That means you believe you can get smarter, and therefore you put in extra time and try harder to become smarter.
You also have to believe in yourself.
That means you learn how to make decisions and own them, right or wrong.
Finally, you have to learn not to fear failure.
"An important part of entrepreneurship is learning about failure and not fearing it," she writes.
"Prepare yourself to develop a resilient spirit and handle challenges
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A customized collection of grant news from foundations and the federal government from around the Web.
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Spotlight
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