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Dad business owners seek more family time
Many fathers who strike out on their own want to make sure they still have enough time with their families: survey.
NEW YORK (CNNMoney.com) - Today's entrepreneurs are striking a balance between work and family despite the challenges of running their own business, according to a survey by Business.com. "Small businesses and entrepreneurship are alive and well in the U.S., with one of the driving factors being the ability for entrepreneurs to spend more time with their families," said Business.com CEO and founder Jake Winebaum, a father of two.
The online survey showed that male business owners with children - or "fatherpreneurs" - are motivated by three factors when deciding to start a business: the ability to be financially successful (18.6 percent), the feeling of accomplishment from building something (18 percent), and the desire to spend more time with their families (17.7 percent). In fact, 80 percent of the entrepreneurs surveyed reported that they spent the same amount or more time with their families after venturing out on their own despite the challenges of starting and running their own businesses. "Conventional wisdom says that families of entrepreneurs suffer when mom or dad are running a company. But the majority of those we surveyed were very satisfied and seemed to be keeping a healthy balance," Winebaum said. Fatherpreneurs, the report indicated, see themselves as belonging to two families, a work family and a home family - but with the home family ranked as the No. 1 priority. Fifty-nine percent of the business owners surveyed feel closest to their home family, while 14 percent said work came first and 27 percent ranked the two equally. And 68 percent of respondents said their work family was more dysfunctional than their home family, according to the survey. The business-to-business search engine Business.com surveyed 428 male business owners with children. ---------------------------- |
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