4 ms·

saying that marriage and kids discourages entrepreneurship, is not entirely correct. think it depends on the person, yes your risk profile changes once you are

by ismail 13y ago

saying that marriage and kids discourages entrepreneurship, is not entirely correct. think it depends on the person, yes your risk profile changes once you are married, and some would be discouraged. not all will be, I quit my job for a startup with a 1 year old daughter. Granted I had saved up to last me 6 months though its not enough. The challenge however is when your wife has a different risk profile, 3 months in of living on the bare minimum, eating noodles/beans everyday she may convince you to get a real job. The challenges faced my married entrepreneurs are different, you have to manage the expectations and sell them on the dream. If your partner is not sold, it can cause probs in the marriage. Also it can be a serious motivator, you will do anything hustle your way to makr sure you can at least eat and pay the rent.

Tyrannosaurs 13y ago
Certainly if you're going to enter into this sort of venture when you're married with a young family, it's a decision you need to make as a family rather than make yourself and try to impose on them. Other than the capacity for risk and relative poverty elements, two other things I'd throw out there as factors are: 1) Exhaustion: I've two young children and the first few years of their lives I was exhausted most of the time and I know that I wasn't at my best professionally (lack of sleep makes you stupid and forgetful). It really isn't the best state to be risking everything on your own abilities. 2) Balancing work and life: If you're going to have kids you probably want (that's genuinely want rather than feel obliged) to spend time with them. It's different to a lot of other things you might want to do with your time in that there are things you can't say "I'll do later in life". They grow up incredibly quickly in those early years and it's not something you get a second shot at experiencing - you can't go back and see your infant child five years down the line when your business is settled. And that's before the practicalities of child care and everything else that goes with it...

by ismail 13y ago

Tyrannosaurs 13y ago

Certainly if you're going to enter into this sort of venture when you're married with a young family, it's a decision you need to make as a family rather than make yourself and try to impose on them. Other than the capacity for risk and relative poverty elements, two other things I'd throw out there as factors are: 1) Exhaustion: I've two young children and the first few years of their lives I was exhausted most of the time and I know that I wasn't at my best professionally (lack of sleep makes you stupid and forgetful). It really isn't the best state to be risking everything on your own abilities. 2) Balancing work and life: If you're going to have kids you probably want (that's genuinely want rather than feel obliged) to spend time with them. It's different to a lot of other things you might want to do with your time in that there are things you can't say "I'll do later in life". They grow up incredibly quickly in those early years and it's not something you get a second shot at experiencing - you can't go back and see your infant child five years down the line when your business is settled. And that's before the practicalities of child care and everything else that goes with it...