My son was thrilled when I told him his early birthday present will be a ticket to hear Mark Cuban speak in Chicago at 1871, Chicago's tech innovation hub. NOT the usual birthday present. Why Mark Cuban? Because we love to watch Shark Tank. [To those of you who were unable to obtain a ticket for the sold out event I am sorry to have this one seat taken by my son. I hope you'll understand why.]
What are the “teachable moments” from Shark Tank and Cuban? Observing the importance of:
- Telling your story (What makes it good? What makes the founder and his or her company investable?)
- Math: (Quick: what is the company being valued at if the entrepreneur is offering a 10% stake for $250,000?!)
- Tenacity (Often times a founder ‘sticks with it' in spite of seemingly insurmountable obstacles.)
- The importance of listening (It is shocking to see how frequently entrepreneurs ignore the advice of the 5 experts sitting in front of them!)
- Good old fashioned hard work pays off.
My son is “hungry”. Maybe not the I'm-going-to-change-the-world-with-my-disruptive-idea hungry. But hungry to work. He sets his goals and works to accomplish those goals. He currently has his eyes set on buying a certain type of fishing rod (he loves to fish.) He picks up any job he can to earn money – nothing fancy: snow blowing, mail collection for people on vacation, babysitting, lawn mowing, etc. He runs all of his correspondence from his iPhone – I have nothing to do with it. He has learned the importance of customer service both from providing a job well done…and an occasional job not well done. I have been awakened at night when he realized he had forgotten to bring in the neighbor's mail and to let me know that he planned on walking to get it..in the dark…in his pajamas. Nothing glamorous about forgetting; just another lesson learned.
I'd like to think that Shark Tank, Mark Cuban and the other sharks had something to do with my son's will to take ownership of work. It is my hope that we will get a chance to say thanks to Cuban for being part of a movement to make hard work and corresponding results “cool.”
Hard work is cool. Especially cool for kids. They are the future of our country.
Gieriet Bowen has her finger on the pulse of digital and start-up businesses, with a particular interest in those Chicago-based. She is Co-Founder of Up n Running, (‘a community of lifelong learners keeping you in the know and taking the intimidation out of technology.’); and an advisor to several digital start-ups, (e.g. The Licorice Project, which serves the breast cancer patient, her family and friends; and Raved, social recommendations for places you love.) Gieriet can be found on: Twitter @gieriet, or her blog ConnectedChicagoMom, business loving mom making connections on and offline.
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