Apr

5

 I know that there have been posts not long ago on great books for kids regarding business. My seven year old son has been showing a keen interest in the idea of business and particularly in entrepreneurship. I was wondering if readers of this site might share the names of books or other resources that might assist me in fostering this in his development. The kid wants to make money!

Mark Schuetz writes: 

Hate to bring up a touchy subject, but I think it would be fun for kids to read about Buffett starting out. Definitely an interesting story about how he went from a paper route, to repairing pinball machines, to buying and renting a house, and so on, and SAVED money the whole time instead of spending it. It doesn't even have to be Buffett– maybe a kid could relate more to reading about famous businesspeople/investors when they were young and how they developed even at a very young age. It could inspire kids to think about more current ideas for themselves (very few will be interested in repairing pinball machines).

An editor writes: 

When I was a kid I really enjoyed the book The Toothpaste Millionaire about a 6th grader who starts a business selling toothpaste and becomes very successful. 

Victor Niederhoffer recommends: 

Self Help by Samuel Smiles, The Incredible Bread Machine, The Little Red Hen, Letters from a Self Made Merchant to his Son, by Lorimer.

John Floyd adds:

Toothpaste Millionaire

The Girl Who Owned a City
.

Gibbons Burke adds: 

This is an oldie but a goodie: The Richest Man in Babylon by George S. Clason. Many meals for a lifetime in this book.

Another good one for personal development skills helpful in business is Og Mandino's The Greatest Salesman in the World.


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3 Comments so far

  1. jeff Watson on April 5, 2011 5:01 pm

    A Balloon For Blunderbuss is a wonderful book, sure to enchant children of all ages. A child trades his way into owning the entire world. http://tinyurl.com/3sbntdn

  2. Greg Rehmke on April 5, 2011 10:31 pm

    Karl Hess wrote “Capitalism for Kids,” which I recommend. BluestockingPress publishes it now. They also publish “Whatever Happened to Penny Candy” by Richard Maybury, which is very popular among homeschool students.

    I would also recommend Horatio Alger Jr. novels. Most are tales of young people learning their way around the city, finding better jobs, saving money, avoiding confidence artists and scams, standing up to bullies. Plus the books are entertaining and provide snapshots of life in New York City in the 1850s.

    Ben the Luggage Boy is good, for example, as are many others.

    I will be discussing these at my NYC Junto talk on Thursday.

  3. Steve on April 6, 2011 11:56 am

    great call on Horatio Alger I certainly second that one.

    sl.

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