What separates sports from entrepreneurism, however, is that in business we constantly have to overcome undefined and unpredictable challenges. Athletes train for specific events and conditions, whereas entrepreneurs generally have little idea what they will encounter along the way.

We owe it to our children to equip them with all the capabilities they'll need to thrive in the limitless world beyond the classrooms.

Humans have always used our intelligence and creativity to improve our existence. After all, we invented the wheel, discovered how to make fire, invented the printing press and found a vaccine for polio.

My father was a civil servant in northern India where I was born. As a boy I saw the dire effects of poverty and illiteracy, especially on women and children. It often seemed that the only thing separating me from them was luck.

I grew up poor in India, and there were days when we struggled to find food and other basic necessities. Our mother worked odds and ends jobs to keep the family together and educate us.

Philanthropy without scale and sustainability is like any other bad business that will simply wither and die on the vine.

Teaching children about entrepreneurship is much like imparting any other skill or piece of knowledge. You will provide them with ways to experience how entrepreneurship works, and you guide them toward the subjects or areas they seem to show an interest in.