You might also be aware that this is Global Entrepreneurship Week!
Those things MAY seem unrelated to you…but in 1998, the reason I started my journey as an entrepreneur was BECAUSE of the adoption of my two kiddos in the photo at left. That was court day, the day they took our name and became ours legally forever.
Because of adoption in our lives, I chose to abandon my career and past work histories and figure something out from home. It was quite a journey, and honestly – the climate is much friendlier to the entrepreneur NOW than it was then.
Just this week, the 2016 Global Entrepreneurship Report by Amway was released and I was astonished at the progress we’ve made universally and also NOT astonished at a few facts I already knew in my heart to be true.
For instance, out of 50,000 global respondents to this survey, here are the top 4 reasons (in order) that folks have a desire to work for themselves:
- Being my own Boss: Independence from an Employer (82%)
- Self-Fulfillment: I have some good ideas! (80%)
- Another stream of income aka Side Hustle (68%)
- More flexibility with my family: leisure time, etc (67%)
However… I will say that my personal priority was just ‘being a mom to these new kids’ — I didn’t have a plan, I didn’t have an idea and I sure didn’t need to be my own boss. But my way isn’t (and wasn’t) the best way and often that’s a tough road when you don’t have a plan.
Especially if you are lacking support.
What do I mean by that?
Well, my husband was supportive because we chose to adopt together, we had sibling toddlers with a crazy schedule of therapies, doctor appointments and needing to bond to their mom. However, he was a young career builder himself and his income was a starter income. We were unprepared at this point to live on just one paycheck. So, he was supportive, but also hesitant.
Our parents were supportive, but not paying our bills, if you catch my drift! And our friends…well, they figured we should just cut back on our spending and cut corners, they didn’t understand why I needed an additional check at all. So, we’ll chalk them up to non-supportive and socially resistant.
As I was reading this 2016 Report…and honestly, my social media comments, emails from my audience and general feedback… what breaks my heart is how easily we give up on our dreams when we feel unsupported. That isn’t just perception…now we have data to prove it!
According to this study:
Almost half of all men and women who experienced social pressure or family pressure would give UP their dream of starting a business or quit their business. Half. That’s heart-breaking. Interestingly, the most steadfast of us were the under age 35 crowd and over 50 crowd! But those in the middle have the highest risk of abandoning their plan because of lack of perceived support or social pressure.
I think we can do better on that y’all.
You know my whole focus as a consultant, speaker and encourager is to help you find ways to achieve your dreams, reach your goals and stick with it!
- If you’re lacking social support, stick around!
- If you need a plan, stick around!
- If you see someone aiming for a goal, encourage them!
And if you need more data, research and social proof that the dream of Entrepreneurship is alive and well…here are a couple more articles for you to check out!