huffingtonpost.com - 

Some kids open a lemonade stand on the corner. Other kids think about how to turn that lemonade stand into a business. Parents Karley Sessoms and Ellen Dyke recognized the potential in kids and believe that young children have innate potential which, if nurtured, can lead to economic opportunities and unleashing children's innovative and creative potential.

Sessoms and Dyke identified the five-I's that they believe will help foster children's potential: Inspiration; Ideation and problem solving; Interaction and collaboration; Innovation and creativity; and Initiative. Together, the five I's comprise the Entrepreneurial Engine that Sessoms and Dyke teach through their Next Gen Minipreneurs program, designed to augment and complement the curriculum standards taught in elementary schools.

To help kids become Minipreneurs Sessoms and Dyke recommend:

1. Teach children to recognize opportunities. Once children are old enough to understand the concept of how money works, they may want to set-up their first lemonade stand or make their first cookie sale. Capture their curiosity, enthusiasm and sprit, encourage them to seek out different ways to make money; support them and help them follow through.