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(The Network Journal) — A wise generation trains its youth for leadership and business ownership. Doing so helps to prevent gains made by a previous generation from eroding over time. On October 13, 2010 President Barack Obama acknowledged the efforts of a group of teens from around the country. They were the winners in the National Youth Entrepreneurship Challenge. Four of the winners are still in high school.  Some youth like Long Island’s Leanna Archer begin thinking about starting a business when they are only seven or eight years old. Leanna Archer is a 15 year-old African-American girl who owns Leanna, Inc. Her company sells and distributes natural hair products. Supportive parents can help their children realize their dreams of business ownership. “Other kids find it fascinating that Leanna rung the stock market bell at only 13 years old,” says her father, Gregory Archer.

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