I had my first business at the age of 25. I finished my Special Education studies and opened an Early Childhood Center that became a very successful business within a short time. I was a mother and a wife and had a mortgage, a car and a personal loan for my business.
If you hear parents tell you that kids are an obstacle for them, I can tell you that having kids is a bad excuse for not doing business. When the kids grow up and leave the house, they will be left with their excuses. So when they have to explain why they have never done what they have always wanted to do, they will start saying, “It’s too late now”, which is just another excuse.
If you are thinking of starting a business and will need to juggle business and family, it is a good idea to discover what you will have to do to succeed at it. Some people are not cut out to own and operate a business. Others do not know how to balance a home and a business. Managing your business, your home and your parenting well requires some skills and attitudes that will determine the success of your business, the quality of your family life and even your health.
Unlike people who do not have kids, business parents risk a lot more than their own time and money. They risk their relationships with their partners and with their kids, as well as the quality of preparation their kids get for life. You go into business because you want a better life for your kids, not to destroy your relationship with your kids, so do it right!
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