With increased digital knowledge and its incorporation into the business world, the future workforce will face challenges and opportunities. Consequently, it is imperative that we prepare our children for these forthcoming changes. Different versions of Gig economies, short-time contracts, freelancing, and various concepts will gain momentum in the global workforce. Scholarly research shows there is a possibility of less than 10% of full-time jobs being available in the next decade. Therefore, an entrepreneurial mindset has become the absolute need of the hour. An entrepreneur is a person who organizes, operates and assumes the risk of a business venture while transforming ideas into a profitable solution that solves the problem of society. The present digital and information age is moving the world towards the Gig economy, where everyone will become a business owner and own side jobs besides their primary jobs. Therefore, knowing how to run a business is critical for the survival and existence of humanity. Acquiring entrepreneurial knowledge will offer children and youths more options in life. Though being an entrepreneur is not for everyone, it will be good for the children to have options and have more freedom of career choice as they grow up to adulthood. In cases where a parent is uninterested in entrepreneurship, the children may not learn how to become self-employed and establish independence from their parents. It is obvious that these types of parents will not serve as good role models for their children entrepreneurs. Recent studies have shown that children and youth entrepreneurship education are the most crucial tool for growth, innovation, and creativity development in the competitive world of the Gig economy. Teaching and mentoring children and youths in entrepreneurship and innovation enhance the analytical and logical skills that enable them to solve problems. Exposure of children and youth to entrepreneurship also provides financial and digital literacy, teamwork and network skills, creativity, and communication skills that are needed to thrive in the new economy while helping their communities prosper. Parents and mentors who prepare their children early for the world of entrepreneurship will certainly be ahead of the game. Hence, the goal of this blog is to justify why a guide for parents or mentors, seeking knowledge about how to raise a child entrepreneur is very important at this time. This blog is further aimed at providing the ingredients and nuggets needed by parents and mentors for transforming a child’s mindset into that of an entrepreneur. Look out for more discussions on this topic in my future blogs. In summary, children and youths who are given the opportunity to become entrepreneurs ultimately assist their communities in creating jobs and businesses that will increase their overall productivity.