“Entrepreneurs, even young entrepreneurs, know that every new day is a new challenge. They know that learning must go on throughout life. They know that learning is not just something you do in school. They know that you do it every day, with every experience, if you are alert and thoughtful. They know that the ability to think includes the ability to change, to adapt, to use new tools and information. Change, which may seem such a threat and a danger to some people, will just seem a challenge and an opportunity to the entrepreneur.” – Karl Hess, author
Capitalism for Kids: Growing Up To Be Your Own Boss by Karl Hess is an outstanding introduction to the philosophy of entrepreneurship. It stresses how a person can earn a profit in business while maintaining the highest possible standards of honesty and integrity.
Includes a self-test to help the reader determine how enterprising he/she really is, as well as an excellent chapter on “Capitalism and Other Isms” that clearly defines capitalism, democratic socialism, socialism, and communism.
Although written with young people in mind, many adults will benefit by reading this book, especially the section which was written specifically for parents and teachers.
“Money is a way to keep track of how well you’re doing. It’s just one way. The way you feel about yourself is the bottom line. You should be able to make money