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Entrepreneurship Lessons I Teach My Own Children

Unlike hair color or politeness, Entrepreneurship is both bred and learned. A recent study found that the entrepreneur gene is passed on to the next generation 30-40 percent of the time. But the truth is no one is ever born an entrepreneur; no matter how genetically inclined, you still have to choose to become one. You still need to commit and put in the work everyday.

Since I’m a parent myself, I hope to pass entrepreneurship qualities along to my children. In our family, at the dawn of every New Year, we each post on the refrigerator our goals for the year ahead, and we each explain how we did on the previous year’s goals. We review them quarterly. Every Sunday, we have a family meeting and take turns running it. I want my children to learn those traits of goal setting vision, communication, confidence and accountability. These are gifts you can pass on to your children whether you’re an entrepreneur or not.

Most importantly, I try to teach my children that there are no shortcuts; no matter how genetically inclined you are for greatness, you still need to make yourself great. No one is ever born great.

About Mark Moses

Mark Moses is the Founding Partner of CEO Coaching International and the Amazon Bestselling author of Make BIG Happen. Mark has won Ernst & Young’s Entrepreneur of the Year award and the Blue Chip Enterprise award for overcoming adversity. His last company ranked #1 Fastest-Growing Company in Los Angeles as well as #10 on the Inc. 500 of fastest-growing private companies in the U.S. He has completed 12 full distance Ironman Triathlons including the Hawaii Ironman World Championship 5 times.

Mark Moses

About CEO Coaching International

CEO Coaching International works with CEOs and their leadership teams to achieve extraordinary results quarter after quarter, year after year. Known globally for its success in coaching growth-focused entrepreneurs to meaningful exits, CEO Coaching International has coached more than 1,000 CEOs and entrepreneurs in more than 60 countries and 45 industries. The coaches at CEO Coaching International are former CEOs, presidents, or executives who have made BIG happen. The firm’s coaches have led double-digit sales and profit growth in businesses ranging in size from startups to over $10 billion, and many are founders that have led their companies through successful eight, nine, and ten-figure exits. Companies working with CEO Coaching International for two years or more have experienced an average EBITDA CAGR of 67.8% during their time as a client, nearly four times the U.S. average and a revenue CAGR of 25.5%, more than twice the U.S. average.

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