You want to groom your children into business leaders? Here is how

When Mark Tonui* bought the coffee farm, it was with the dream that he would get to a point where proceeds from the 20-acre land would sustain his descendants down the years. He would set to work and a decade later, his enterprise had expanded to include a coffee factory. He was now in the business of exporting. His children would later inherit the business, but it took only five short years for the empire to lay in shambles. Had he been alive to witness this, it would have broken his heart. We all know of big businesses that haven’t survived long after its founders were gone, or kids who plundered their inheritance to the point of being destitute. We do not want that for our lot. And as they wisely say, start them young. By failing to teach your children the principles of money management and investing, we doom their future prospects. Obviously, the mechanics of money (earning, saving, spending, borrowing) are broad concepts. So, rather than try to explain them in the abstract to your children, especially when they are young, focus on fun, hands-on activities that can be more readily understood. Then get a bit more intense as they grow. So what are the basic ways you can start grooming future business leaders?