I'm raising my kids to think like entrepreneurs. I encourage them to negotiate even during sibling disagreements.

"I grew up in Malaysia, where my mother ran a business selling items from catalogues. When I was in fourth grade, she allowed me to sell her extra wares. I couldn't carry it all, so I hired a local second-grader to help me. I told him he just had to help move the items - I'd do all the talking. I knocked on the doors of businesses and homes, selling filing systems and talking alarm clocks."

"I knew even at that age to sell the problem, then offer a fix. I'd ask my would-be customers if they were having trouble waking up, then frame the talking alarm clock as the perfect solution. I ended up making $800. I paid my helper $200 - a price we'd agreed upon ahead of time."

"I realized I was meant to build companies. My first company, City Pockets, was a digital wallet that was acquired by Walmart Labs in 2013. After that I stayed active in the entrepreneurship community, working as a consultant and angel."

Cheryl Sew Hoy developed entrepreneurial instincts early, starting as a fourth-grader selling catalogue items in Malaysia and earning $800 while managing her first employee. She studied engineering in college but realized business was her true calling during the 2008 financial crisis when the fintech scene emerged. Her first company, City Pockets, a digital wallet, was acquired by Walmart Labs in 2013. She remained active in entrepreneurship through consulting and angel investing. Now as founder and CEO of Tiny Health, her second venture-backed company, she addresses her daughter's eczema while passing entrepreneurial values to her own children, continuing the legacy her mother instilled.

Read at Business Insider