Since she was young, Cheryl Siu Hwi has always known that she wants to run her own business.
“When teachers asked what your ambition was…and many children wanted to become doctors or lawyers. My ambition was [to be] business woman ” CNBC Make It.
That childhood dream is now a reality for the 39-year-old entrepreneur, whose projects include Reclip. Walmart 2013 Labs.
Now, she’s running Tiny Health, a health tech startup that sells at-home gut health tests for moms and kids 0 to 3 years old. The CEO and founder said the test could help detect gut imbalances early and prevent chronic conditions.
Sew Hoy, a Malaysian now residing in Austin, Texas, credits her success to her mother who was also a businesswoman who ran her own marketing business in Malaysia.
“Mom She owned her own company and she was the manager. Before Work from home She was popular, she was really working from home and I’ve always had that model.”
Things have become “complete” for Seo Hwi, and now she is a mother For two children ages 2 and 4, as you begin to pass on the lessons you’ve learned to them.
What advice does she have in raising entrepreneurial children? CNBC Make It finds out.
Seo-Hui said it’s hard to teach kids businesses they can create at an early age, but kids “remember stories” — and that’s the best way to expose them to entrepreneurship.
While she was modeled after her mother By simply noticing, Sew Hoy said she wanted to be “more insistent” in talking to her children about running a business.
For example, she explains to her children about her job as CEO, the “background” why she started Tiny Health.
“Talk to them like adults, even if you think they are too young to understand. The more you talk to them like adults, [you’ll realize] They actually understand a lot and learn a lot from that.”
By explaining what she does to her children, Seo Hwi said that she also teaches them the value of money.
“Teach them why I work hard. Yes, to make money but not just to buy or spend food. While making money, you need to build something of value to people. What problems do you want to solve? In the world?”
Hoy said that entrepreneurship is about solving problems and this is something children can learn through adversity.
“There is a difference between great entrepreneurs and good entrepreneurs,” said Seo Hui. “Great entrepreneurs are the ones who keep coming back because it is very difficult to run a company every day.”
She added that if children only had “smooth journeys” where problems were always solved for them, they would never learn this value.
“It takes a lot of patience. My daughter will complain and say, ‘Mom, I can’t do that.'” “I will encourage her to try again, and perhaps help her a little.”
“If she succeeds—especially if she succeeds on her own—it teaches a lesson that ‘If you ever gave up, you wouldn’t have accomplished this.’”
Sew Hoy said she noticed a “spark” erupting in her 4-year-old daughter after going through the same scenario with her multiple times.
“I know she’s learning because next time [she tries to do something]’She said to me, ‘Mom, I can do it. I’m strong.’
“So if our life becomes too easy, I will create adversity [for my kids]. “
Clarification: This story has been updated to clarify the age of Charlize Seo Hoy’s daughter, Charlize.
Like this story? Subscribe to CNBC Make It on YouTube!