Children MUST be taught from an early age about the importance of hard work, overcoming challenges, perseverance, and what it takes to succeed, etc. This does not come naturally for most. Through chess, they can learn these and many other important skills.
No one wins every game in chess, not even Bobby Fischer, Garry Kasparov, Anatoly Karpov, or even Magnus Carlsen, etc. Everyone loses from time to time. So it is important for children to learn how to cope with failures and not just take the easy way out by giving up. With the right training and guidance, they will learn to turn the difficult moments into strength, to motivate themselves to work harder, to aim higher, and to reach their dreams.
But through chess, they will also learn how to handle wins. Winning can be a great feeling. But often times it can be a short emotional high as one can lose the next game. Therefore, they need to learn that if they want to continue to have many more wins than losses, they need to continue to be diligent and put in the hard work. They should also learn not to be arrogant or rude in victory.
These valuable lessons through chess, if taught the right way, will help children do better in school, and most importantly, in life.