6 Lessons on Entrepreneurship I Learned from My Family
Entrepreneurship runs in my blood. It’s something I feel like I was born with and as I look back on the different lessons my family taught me, whether consciously or not, it’s shaped me into who I am and the way I navigate being an entrepreneur.
Fun fact: When I was 8 years old, I made holiday-themed stationary. I used paint pens and colored pencils to create cards and paper with pretty borders. I then photocopied the originals and printed out a ton. Then, I made my parents a PowerPoint presentation all about why I should be allowed to go around my neighborhood and sell this stationary. It was VERY detailed, and they got a huge kick out of it. They also agreed to my proposition. That was probably my earliest memory of being an “entrepreneur.”
Below are 6 lessons on entrepreneurship I learned from my family. Lessons I hope you can take with you and implement into your life as well. Keep reading, and I would love to hear a lesson you’ve learned too!
Lesson #1: Have a Strong Work Ethic
Maybe this is a no-brainer, but it’s easier said than done. My Grandpa Jack (my Mom’s Father) was extremely hard working. He came from the generation of folks who worked very hard at their 9-5 and he did so happily in order to provide for the family. For 30 years, he worked at the same company as an accountant and while he never went out on his own like an entrepreneur, it’s a lesson that anyone can apply to their life. He was extremely reliable, trustworthy, and so hard working he almost never took a sick day his entire time at the company. Having a strong work-ethic is essential in being an entrepreneur, because there will come times when you have to put in more hours than you’ve ever wanted to put in (no matter what you do). If you understand that, you’re in a better position to get to a place where you won’t have to do that your whole life.
Lesson #2: Have a Strong Support System
My Grandma Ettie (my Mom’s Mother, short for Esther) was the most nurturing, understanding, and supportive person you ever met. She was exactly the kind of person you’d want on your side and if there’s anything that entrepreneurship has taught me, it’s that it can sometimes be a lonely road. She was the support system to Jack and her family that everyone needs. Find someone to be “your person.” You will need them when days get tough, when you need ideas to bounce off of someone, when you have great days you want to share, and when you have breakthroughs that need nurturing. If you’ve never read The Artist’s Way, Julia Cameron talks about needing a “catcher’s mitt” person. Someone to nurture your artist, to encourage you, and to support you. She also taught me to be that person for someone else and I cherish that.
Lesson #3: When You See a Need— Fill it
My uncle Mark started his own company creating first aids kits to businesses and factories.
He saw a need and filled it. He took control of his future, of his idea, and then implemented it. This is so important because often we see a need for something and even as that entrepreneurial spirit stirs inside of us, we live in fear of acting on it. He taught me that you can create your own destiny and be your own boss.
Lesson #4: Being an Entrepreneur Requires Stamina and Laser Focus
My Grandma Betty (my Dad’s Mother) came from a very very poor family in Colorado in the 1930’s. They had virtually nothing and my Grandma struggled with being seen as the incompetent girl in the eyes of her father. That really lit a fire in my Grandma to surpass everyone’s expectations and be successful. Her present didn’t look anything like the future she knew she wanted for herself, so she worked her tail off to get to where she wanted to be.
Eventually, she moved to California with her mom and brother and quit high school her sophomore year to start her own business. She had sewn some clothes here and there in the past but decided to learn everything she could about sewing, hemming, you name it. She started a business as a seamstress and realized what she needed to do to up level competition. She decided to make herself a “professional,” offering a pickup and delivery service. This made her more professional than anyone her age and in the local market. Throughout her lifetime, she had laser focus and the utmost determination to find success in the businesses she started.
Lesson #5: Believe in Yourself First
My Dad has that entrepreneurial spirit in his blood, just like his mom. His entire life he’s worked his way up from job to job, breaking into industries that didn’t even seem possible in years past. Something my Dad has taught my brother and I is that it’s so important to have confidence in yourself. You will need to take risks throughout your life and journey in your business and the only way that will be possible is if you have the confidence in yourself to do so. No one else will believe in you, if you don’t believe in yourself first. He didn’t need anyone else’s approval or validation to go after what he knew he wanted. He knew he had potential and summoned a determined force within himself to be relentless until he got to where he wanted to be. So often I talk with people who say they want to make changes in their lives or want to start a business, but they don’t go after it with confidence and that laser focus. Every day an actionable step needs to be taken. It’s easier said than done, but my Dad taught me to be driven and to go after my dreams with confidence every single day.
Lesson#6: It’s Okay to Pivot
My parents made it a priority, and had the privilege, to spend as much quality/family time with my brother and I as possible when we were little. They cared deeply about the way they raised us and I always appreciated how much emphasis they put on family time. My mom worked for many years of her life, but there came a time when she felt the need to pivot. She strongly felt the need to be home with my brother and I and what I learned is that….that’s okay. There will come a time in your life and business where you will need to shift things. Either drastically or incrementally, but it will need to be done. Welcoming that change instead of dwelling on it could be one of the most beneficial lessons you can learn. I’m so glad my Mom taught me that it’s okay to pivot and make changes or honor what you feel in your heart is the right path to take, even if it’s different than originally planned.
Many of the lessons I’ve learned I had the privilege of learning while my grandparents were still alive. Some lessons though, I really didn’t learn or even realize until long after they passed away. I’m very close with my family and even writing this post makes me so proud of my parents too. I’ve never felt more honored to be a part of this family and look back on their journey, while taking what they taught me for the road ahead on my own.
What lesson on entrepreneurship have you learned from your family? What’s something you want to start implementing into your life? Tell me below by leaving a comment, I’d love to hear from you!