Linda's Corner: Inspiration for a Better Life

Raising an Entrepreneur – Helping Your Children Achieve Their Dreams with Margot Machol Bisnow

Linda Bjork/Margot Machol Bisnow Season 6 Episode 42

Raising an Entrepreneur – Helping Your Children Achieve Their Dreams with Margot Machol Bisnow

What does it take to raise confident, resilient, and creative children who achieve their dreams? In this episode, we welcome Margot Machol Bisnow, author of Raising an Entrepreneur: How to Help Your Children Achieve Their Dreams – 99 Stories from Families Who Did. With a background in government, including serving as an FTC Commissioner and staff director of the President’s Council of Economic Advisers, Margot has spent the last decade speaking to parent groups about fostering entrepreneurial spirit in children.

In our conversation, Margot shares key insights from her book and articles featured on CNBC, including the parenting style that all parents of successful young entrepreneurs had in common: Respectful Parenting.

Key Takeaways:

Respectful Parenting Works:

  • Instead of authoritarian or permissive styles, successful parents provided structure, support, and warmth.
  • They set rules and expectations while allowing their children the freedom to make big decisions.
  • Their children always knew they were loved and that their parents were proud of them.

Failure is a Learning Opportunity:

  • Protecting kids from failure doesn’t help them—it holds them back.
  • Teaching children that failure is part of learning builds resilience and perseverance.
  • The ability to struggle, work hard, and keep moving forward is key to future success.

Passion Fuels Growth:

  • Every young entrepreneur Margot interviewed had a passion of their own choosing.
  • Parents supported these passions, helping their children develop confidence and determination.
  • While the initial passion rarely became their career, the skills they learned—hard work, grit, and resilience—were invaluable.

Compassion for Parents:

  • No parent is perfect, and that’s okay.
  • The most important thing is for children to feel loved, supported, and encouraged in their pursuits.

For more wisdom from Margot Machol Bisnow, visit her website: 

GUEST WEBSITE: www.raisinganentrepreneur.com

SOCIAL MEDIA:
https://www.facebook.com/raisinganentrepreneur1/?fref=ts

https://www.instagram.com/margotbisnow/

https://www.linkedin.com/in/margot-machol-bisnow-a29550b5/

Tune in to this inspiring episode to learn how you can empower your children to chase their dreams!

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