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4 Pieces of Advice for Parents Who are Also Entrepreneurs – Lisa Laporte

Parenting and entrepreneurship have one thing in common; they are both demanding in terms of resources and time. As more parents become entrepreneurs, and more entrepreneurs become parents, a crucial balance between parenting and entrepreneurship should be maintained. Any job can be challenging when you’re trying to juggle it with parenting. Entrepreneurship is inherently a […]

lisa laporte parent entrepreneurs
lisa laporte parent entrepreneurs

Parenting and entrepreneurship have one thing in common; they are both demanding in terms of resources and time. As more parents become entrepreneurs, and more entrepreneurs become parents, a crucial balance between parenting and entrepreneurship should be maintained. Any job can be challenging when you’re trying to juggle it with parenting. Entrepreneurship is inherently a demanding role and one you need to put a lot of time into; it makes it even more difficult to balance parenting with your career. Here are some pieces of advice, for parents who double as entrepreneurs, on how they can lead healthy lives in both roles.

Prioritize planning ahead

Expecting parents should dedicate some time to plan on how they will change and adapt accordingly once they have children. Such planning is highly necessary to ensure that entrepreneurs are not caught off guard by the arrival of children and how it changes their lives. The planning should involve, among other things, making gradual adjustments on entrepreneurial duties such as time of leaving the workplace and investing some funds in purchasing everything you’ll need ahead of time.

Delegate responsibilities and set boundaries

As a perfect act of balancing between parenting and entrepreneurship, every business person should learn to delegate responsibilities when necessary. This is especially common in cases where you’re required to abscond your workplace duties to attend to family matters such as taking sick children to the hospital. Setting a perfect balance between work responsibilities and family matters is necessary to ensure that one gets the priorities right. Having trusted employees that you can delegate to is important.

Involve your children

As a business person, you may need to involve your children in the decisions you make when running your business. Using the parenting opportunity to introduce your children to basic skills regarding business management is a vital chance to impart them with valuable entrepreneurial lessons. In case you are enthusiastic about introducing your children to valuable financial lessons such as saving and giving to charity, then you may use the opportunity well. It also provides an opportunity to spend more time with your children and give them insight into what you do.

Lead a balanced life

Entrepreneurship and parenting cannot be perfectly balanced in terms of allocation of a fixed amount of time on your calendar. You may need to allow flexibility as far as self-planning is concerned. For instance, in case you have scheduled all your weekends for family activities, you may need to readjust yourself accordingly from time to time just in order to accommodate any upcoming workplace deadlines that may need your attention during the weekend. Controlling your calendar rather than letting your calendar control you is the perfect way to ensure that both parenting and entrepreneurial responsibilities are perfectly handled.

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