Summary of Raising an Entrepreneur

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8 Overall

8 Applicability

8 Innovation

8 Style


Parents agonize over how to raise independent, successful kids. Instinctually, you want to protect your kids from what seems like an increasingly dangerous and heartless world. Businesswoman and mom Margot Machol Bisnow says to resist being overprotective, guide your children gently in discovering their strengths and passions, support them no matter what path they choose and give them enormous freedom, early on, to pursue their loves. Parents should stand up for their kids’ unconventional interests, but get out of their way. Bisnow suggests letting your kids fail, letting them discover cruelty and not protecting them from adversity. This builds resilience, selflessness, determination and “grit,” the traits she says entrepreneurs need to succeed. Though her manual is sometimes repetitive and even contradictory, getAbstract thinks parents will find her advice intriguing. While you may never give your youngsters as much independence as she advocates, she bolsters your belief in them and your support for their dreams. 

In this summary, you will learn

  • How to support your kids’ entrepreneurial interests,
  • What traits entrepreneurs share and
  • How to apply “10 rules for nurturing” future entrepreneurs.

About the Author

Margot Machol Bisnow raised two successful entrepreneurs and became one herself later in life.




Whether your children succeed as entrepreneurs or as employees, they need their parents – especially their mothers – to support and believe in them. Don’t usher your kids into “safe” fields or professions. Expose them to as many ideas, fields and career choices and as much knowledge as possible. Don’t try to nip unconventional choices in the bud. A love of drawing, writing, video games or virtually anything else can provide a surprising path to entrepreneurial success – if you support it and allow it to grow.

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    Bhagyashree Joshi 1 year ago
    Well.. It would have been better if i could find smthn like how to bcm an plans to have a baby yet!

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