Parents all want to raise confident, capable kids who are ready to take on the world. One surprising way to nurture these traits is by teaching children about entrepreneurship.

Teaching kids about money might sound like a tall order, but starting early can be one of the greatest gifts you give your child. Imagine your 7-year-old proudly running a mini "business" selling handmade greeting cards to neighbors or family friends.

If you've ever watched your child come home upset because no one showed up to their lemonade stand or their craft project turned into a gluey mess, you know how painful kid-sized failures can feel. As parents, our first instinct might be to protect or console them – we hate seeing our kids struggle.