The US had about 3.7 million homeschoolers in grades K-12 in 2020-2021, according to NHERI. In contrast to public or private schools, the homeschooling sector offers pupils the chance to have an individualized educational experience. Statistics show that home school kids perform better on standardized college entrance tests than children from public schools. Here are several justifications for considering a homeschool entrepreneurship plan for your child.
1. It Provides an Academic Challenge
Entrepreneurship is a challenging academic area. In essence, it is the process of creating things from scratch. In entrepreneurship, your child must do an entire business around the core product or service. It will also lay the groundwork for remembering, understanding, applying, and analyzing. So it provides your child with the highest level of learning and intellectual development.
2. It Can Fit in Curriculum
As a responsible homeschool parent, you might be wondering how you’ll manage to complete the curriculum requirements if you include an entrepreneurship project. Fortunately, there are numerous ways to connect entrepreneurship initiatives to other academic disciplines. Here are some viable strategies:
English
You can support your child in creating promotional materials for their company, for example, by using clear signage, pamphlets, or a website. These assignments will give your kid lots of practice in persuasive writing and developing their English skills.
Math
Every credible and successful business uses calculation as an essential tool for its operations and to keep various aspects in check. Consequently, you will have to instruct your child on accounting fundamentals. For instance, for your child to accurately track how much money they are making, they will need to keep accurate books of accounts and income. You can also teach your child how to manage cash and other means of payment and how to balance their bank account.
Science
There are many options available for your youngster to examine the components of a baked good if they are interested in working with anything of that nature. They can also boost their knowledge in science when they make bath bombs and homemade soaps.
History
You can include historical lessons in your child’s homeschool entrepreneurship plan. Ask them to come up with a report about the background of the goods or services they provide. Alternately, urge your kid to research the evolution of advertising and marketing throughout history.
Music and Art
You can also incorporate Music and Art in homeschool entrepreneurship. To promote their business, your child can create a song. Alternatively, please encourage them to develop their logo design and product packaging using their artistic talents.
3. It Encourages Branding
Individuals and businesses must develop and maintain their brands to stay competitive. Many people keep their websites and accounts on various social media platforms for use in their professional lives. When your child runs their own business, they will gain skills on how to develop their brands since they have experience with it.
Your child will have an easier time understanding how branding works if they engage in activities like drafting emails on their own and sending them to family members. It will help them practice their advertisement skills for their business. Also, you could encourage them to put up an advertisement at the local market.
The ability to be an entrepreneur is a beautiful gift to give your kids. The time spent including it in your homeschool curriculum will be well worth it. It will enhance the learning experience for your child without lessening their academic qualifications.
Your child will remember their childhood business joyfully and acquire a variety of valuable skills that they can apply throughout their lives. It is also essential to introduce your Homeschooled kids to entrepreneur board games since they combine learning and fun in one convenient package. They can also learn how to play the game. Please talk to us to learn more and get your child started on their journey to success.