It is clear that with the way the economy is going and the changes we are seeing in the business world that the only way for you to truly equip your children to provide for themselves in the future and have the chance to live a really full life is to teach them entrepreneurship.

School obviously ill equips students to leave and open their own businesses, let alone even manage their own money. Unfortunately as we can see their isn’t going to be much of a future, at least not a reliable one for those who simply graduate and plan on working for someone else until retirement. So a good start is to begin by teaching them about how to manage their money, how to save and how different types of investments work. You can start out simply by playing games like Monopoly and move up to using stock picking tools and simulators online. Give them a virtual account or an allowance and guide them on how to get the most out of it.

However, this all still just scratches the surface. There are many young entrepreneurs from 12 to teens who have capitalized on the Internet and even outsourcing to build incredible businesses and even make a ton of money. Why not teach them how to put up a WordPress blog or use basic website builders to create their own websites? It is really so simple these days that even a 5 year old can do it.

Encourage them to follow their passions and do something they are excited about. Perhaps they can share video game tips, sell used toys, raise funds for different causes or even something much more revolutionary. Encourage them to begin building their networks now. Just imagine if you still had connections with anyone you had ever met and had them as social media followers and blog subscribers. How much bigger would your list be now? Perhaps you may even find that they can give you ideas or even help out with building your own business. Not every child may appreciate it now but you can be confident that they will later in life and perhaps find the gift of entrepreneurship the most powerful and important thing you could ever do for them.

“Independent Executive” Chuck Boyce is an experienced small business coach who can help you get the most out of your business. For more information on how you achieve your business goals, go to www.breakingfreeblog.com.

Not only have he and his team of attorneys, CPA’s and tax professionals developed a proven formula to ensure that every one of their clients get the absolutely the best deal with the IRS, they also have a strong advocate on their side. His teams goal is not just to the tax problem, but find out what caused the tax problem in the first place. His explains his firm’s philosophy: “Our clients come to us in rough shape. And we just don’t want to patch them up and be done with them. We want to see why our clients got into that rough shape to begin with, and do what is in our power to see that it never happens again.”

Attorney Parent is routinely quoted on tax issues in Connecticut and national media, mostly recently in the Wall Street Journal, SmartMoney.com, Wall Street radio, Fox CT and the Hartford Business Journal

Attorney Parent graduated from Southern Connecticut State University with a BS in Finance. He then graduated, with his father and firm co-founder, David G. Parent, from the Quinnipiac University School of Law in 2002. He distinguished himself by earning the CATIC award for outstanding achievement in Property and Real Estate Finance, and successfully arguing and overturning his client’s conviction in the Quinnipiac Defense Appellate clinic.

Attorney Parent continued to hone his appellate resume by successfully racking up additional wins in his private practice. However, the emotional strain became too great, so he and his father decided to focus strictly on tax resolution law in 2007. Explains Attorney Parent “The IRS is, in many ways, much easier to deal with than a client convicted of a home-invasion double-homicide.”

Attorney Parent a Wallingford, Conn., native, still resides in his hometown. He is married to Erika Kovacs Parent and they have a son, Ulysses. He and his wife are next-door neighbors with his father and mother, Cathy.

If time permits, he enjoys cycling, playing hockey, snowboarding and flying. He has a band room set up in the attic of his firm’s headquarters in Wallingford, for clients and friends to come by and jam when the mood strikes.