Family Support When You Start a Business
You will certainly need the support of your family when you decide to set up your own recruitment agency. Whether you have a spouse and lots of children, are single, or anything in between, having the support of those around you can make all the difference in the success of your new venture.
The support you will need at this exciting time can range from emotional support to financial backing, not to mention a great deal of understanding about why you never at home!
In order to receive the type of support you need while utilising the exciting opportunities that progressing in your career brings, you will need to understand how your new venture effects your children, partner and immediate family, then you can ask for what you need in a way that they can respond positively to.
Emotional SupportYou must talk to your family before you decide to set up your own employment agency. If you only ‘tell’ them about it, rather than ‘asking’ it will make them feel alienated from your project. This can then be the cause of terrible disagreements, as it will feel like ‘your’ thing, rather than an exiting opportunity for your family.
Financial SupportIt is been widely reported that people in their late thirties and early forties are likely to be the last generation for a while that can afford to buy a house, as the average salary has not risen in line with the average house price. This means that those older than that, perhaps our parent’s generation will be the last people with great chunks of equity in their houses. So, you may be hoping your parents will help you financially as you set up your recruitment business – perhaps in the form of initial funding.
It goes without saying that this issue can be fraught with problems. Just because your parents have equity in their house it doesn’t mean they will want to give it to you, alternatively, they may feel as though the money will end up going to you in the future anyway, so why not use it to make a better life for you and your family?
Family TimeIn order to establish a success recruitment business, you will need to spend a great deal of your time building it up – meeting clients, interviewing candidates, trying to gain good PR – the list goes on. If you have gained the support of your family over the initial idea, you will now need to discuss how your actual day to day life will change. You may need to ask for additional help with parenting – perhaps your parents can pick up your children from school one day? Or you may need to hire a cleaner rather than get stressed about fitting in domestic chores.
Try to set aside at least one evening a week when you will spend time with your family - go for dinner with your partner, or just take time to talk over a glass of wine. Don't talk about work all night! You will need a break too. If you have children, make sure you make time to talk to them about their day at school. The million dollar question is how to get your work life balance better. You have probably considered this already and it is one of the factors in choosing to set up your own recruitment business; however you must be aware that just because you are your own boss now, you can still spend too much time in the office.