Bangalore: If you have a dream of seeing your child as an entrepreneur building a great company, then you will have to raise them with an entrepreneurial spirit because this is increasingly becoming very important as young people are flooding the startup world and the freelance economy is growing.

As a parent, you inspire these qualities by nurturing their emotional skills, such as comfort with risk, effective problem solving, and a positive attitude toward failure.

"It’s all about shaping the child’s behavior. Social emotional skills are important and the earlier you can help a child with them the better," says Dr. Andrea Vazzana, clinical assistant professor of child psychiatry at New York UniversityLangone’s Child Study Center.

Here are five parenting tips to help you inculcate entrepreneurial qualities in your kids.

1. Model effective problem solving

To prepare kids to find business ideas in everyday life, encourage their problem solving skills while they’re still kids. Brainstorm and solvetheir problems together. Help them identify the problem, think of all the possible solutions, weigh the pros and cons, and choose the best option.

“The more parents can break down what’s needed within that problem solving task, really verbalize it, and talk it out with the child, the better off the child will be,” Vazanna says.