5 Benefits of Risk Taking in Education for your Child | TGAA

Jan 20, 2023 | Preparing students

Are You Raising Future Risk Takers?
Here are 5 benefits of fostering risk taking skills early on in your children!

When it comes to raising your little ones, there is no way you want to become risk takers. But what about encouraging your kids to develop risk taking skills? It is a common misconception that taking risks is inherently dangerous and something to be discouraged in students. However, in reality, incorporating risk taking skills in education can foster creativity, resilience, and independence in children. Various studies show that to have a successful personal and professional life, children need to grow up to be calculated risk takers. 

In a world where change is constant and success is often dependent on innovation and adaptability, teaching children how to take calculated risks is more important now than ever before. By being risk takers, students can learn to make decisions, solve problems, and embrace challenges. To foster the talented risk taker entrepreneur in your child, make sure they are exposed to the right risk taking skills in their developmental years. 

In this blog, we will delve into the benefits of being risk takers and explore why it is one of the most essential skills for children to learn.

Risk Taking in the Classroom

According to a study by the Wharton School of the University of Pennsylvania, risk taking behavior is a key component of the entrepreneurial spirit. Entrepreneurs who take calculated risks have a higher likelihood of success than those who avoid risks altogether. Similarly, children who take risks and make mistakes as students are more likely to become successful, innovative, and independent individuals as they grow up. 

In addition to fostering entrepreneurial spirit, risk taking in education has other benefits for children. It helps them develop resilience, as they learn to bounce back from failures and setbacks. Risk takers are also more likely to think outside the box, as they explore new and innovative solutions to problems. Furthermore, it helps children gain confidence in their abilities, as they tackle new challenges and succeed. 

However, it is important to note that not all risks are equal, and it is essential to teach children how to distinguish between healthy and unhealthy risks. Encouraging children to take calculated risks, such as trying a new sport or hobby, can help them build resilience and confidence. On the other hand, students should be discouraged from engaging in risky activities that offer no positive results such as drug or alcohol use. Students must be taught to differentiate between unhealthy and healthy risks at their primary education level. After all, you will always be there to support your little risk taker entrepreneur if they ever face a setback in their early years. 

In conclusion, teaching risk taking skills to children can have a positive impact on their future success. By fostering entrepreneurial spirit, resilience, innovation, and independence, children can grow up to be confident and well-rounded individuals. So, the next time you see your child taking a calculated risk, refrain from discouraging them completely. Support your little one’s calculated

Benefits of Risk Taking in Education

Risk taking is an often-misunderstood concept, especially when it comes to children and students. Many parents believe that taking risks is inherently dangerous and should be avoided at all costs. However, studies such as those conducted by the American University School of Education and Human Development and the Wharton School of the University of Pennsylvania show that risk taking can be an incredibly valuable life skill. At the Green Acres Academy, our extensive experience with students has enabled us to create a beautiful environment of risk-taking in our education ventures. Your risk-taker entrepreneur will not just survive but thrive in the TGAA environment. 

Risk taking in education goes beyond traditional academic subjects to foster other skills like creativity, resilience, and independence. By taking calculated risks and experiencing challenges, our students learn how to bounce back from failure and develop a growth mindset. They can also learn how to tackle new problems, think outside the box, and find innovative solutions.

As highlighted in studies such as “The Benefits of Risk Taking for Children” by the American University School of Education and Human Development and “Is Risk Taking Behavior Key to Entrepreneurial Spirit?” by Wharton School of the University of Pennsylvania, and from our experience in creating strong risk takers, here are some of the benefits children can enjoy by being risk takers.

  • Enhanced Creativity and Innovation
    Encouraging students to take risks and think outside the box can lead to creative and innovative solutions. This type of risk-taking makes your children “constructive risk takers” and encourages students to challenge themselves by experimenting with new ideas. By embracing risk taking in education, students can develop the imagination and creativity needed to find unique and creative solutions to problems.
  • Improved Resilience
    By taking risks, students are exposed to challenges and setbacks, which helps them develop the resilience needed to overcome future obstacles. According to a study by the American University School of Education and Human Development, “when children take risks, they learn how to bounce back from failure and develop a growth mindset.” This exposure to challenges helps students develop the tenacity and determination needed to succeed in the face of adversity.
  • Strengthened Entrepreneurial Spirit
    A study by the Wharton School of the University of Pennsylvania showed that risk-taking behavior is a key component of the entrepreneurial spirit. By teaching students how to take calculated risks, they can develop the skills necessary for success in entrepreneurship. As Wharton states in its online blog, “teaching children how to take risks can be the first step in developing an entrepreneurial mindset.”
  • Boosted Confidence
    As students take on new challenges and succeed, they will gain confidence in their abilities, which will encourage them to take on more challenges in the future. By taking risks and succeeding, students learn that they are capable of achieving more than they thought possible. This newfound confidence can translate into other areas of their lives and give them the courage to tackle new challenges.
  • Better Problem-Solving Skills
    When students take risks, they are presented with problems and challenges that they may not have encountered otherwise. This exposure helps them develop problem-solving skills and learn how to navigate challenging situations. By taking risks, students learn to assess their options, make decisions, and find creative solutions to problems.

In conclusion, incorporating risk-taking activities into the classroom can be a valuable tool in helping students develop important life skills. From enhancing creativity and innovation to building resilience and fostering entrepreneurial spirit, risk-taking in education has numerous benefits for students. By teaching children how to become calculated risk takers, we are empowering them to embrace challenges and achieve success in the future.

Citation :
(Promoting Safe Risk Taking: Techniques & Strategies, 2018)

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