That neighborhood lemonade stand may have more to it than meets the eye.

With the support of programs like Start-Up Kid’s Club in Austin, Texas, the business world is no longer just for grown-ups. Young people are stepping into their own as entrepreneurs, bringing with them some pretty powerful skills that every business owner can learn from.

Here are the top 3 reasons why kids make better entrepreneurs than adults: 

1. Imagination

Kids live in a world of endless possibilities. Free from a lifetime of social conditioning and with a still-developing brain, kids spend a lot less time thinking about what should happen, and instead testing what could happen. This lack of prescribed thinking gives kids a creativity superpower: novel ideas and experimentation are the norm, not the exception. Unlike their hyper-rational (and maybe a little jaded?) elders, kids just don’t yet know what is not possible.

Next time you’re faced with a challenge in your business, tap into your imagination by letting go of “should” and “can’t.” Experiment. Test. Spend a little time in a kid’s world of possibilities.

2. Confidence

Kids know exactly what they are good at, and aren’t afraid to tell you about it – in detail. And they don’t just talk the talk, but walk the walk. Whether that’s insisting you give their latest artistic masterpiece a place of honor on the fridge or showing off their awesome new dance move (20 or so times)… when it comes to their passions, kids have off the charts confidence.

How to channel this unselfconscious swagger in your own business? Celebrate your wins. Make a point to share wins with your team – often and in detail! – and watch your confidence take off.

3. Teachability

While the teenagers in your life may vehemently deny it, kids know that they don’t know things, and are (usually) quite willing to leverage the wisdom and experience of those around them to help achieve their goals. Whether it’s tying shoe laces or putting a car in gear, kids are innately motivated to learn from those around them.

The Achilles’ heel of every business owner just might be thinking they “know best” and can “do it better” than anyone else. Take a page out of the kid’s manual: let go of that grown-up-know-it-all armor and leverage the expertise and insights of those around you to achieve new heights in your business.

So are you ready to take your business to the next level? Apply these tips from kid entrepreneurs. 

And to help support the next generation of leaders, Start-Up Kid’s Club of Austin, TX has partnered with Ascension Leadership Academy, a local leadership program, who is bringing together 28 volunteers to raise $117,000 for the non-profit.

You can get involved and support the cause directly here or at startupkidsclub.com.