I do a lot of speaking about business and entrepreneurship, and one of the more often things I am asked is when do you start teaching your kids entrepreneurship?

I have another answer.  It seems that in China, there are now more than 3000 kids from age 3 to 6 that is enrolled in “early” MBA.  Shanghai’s FasTracKids Academy advocates teaching management skills and life-goal training sessions nitead of nursery rhymes or finger painting.

for instance, the kids were purportedly asked to create a business plan to manage a computer-animated sheep farm and told to ask how to make money.

In the race to win, more schools are cramming the kids with ‘more’ lessons.  I just recently went through my kids mathematics.  At age 7, he is now asked to do double figure multiplication, something I myself did not have to go through until age 11.