The First Conversation
“I have the equipment. I have the experience. I have the business idea. I just can’t seem to get started.”
My client is working full time in a large construction supply business. While he wants to transition to running his own business, he is finding it hard to start taking action to make it a reality.
I dug a little further as I sensed there was more to this story.
I challenged him: “Why do you want to start a business?”
He leaned back in the chair. Stared out the window, with a frown on his face. He was struggling to find an answer.
When he did answer, his answer was softly spoken: “For my family”
I pushed him to explain
He leaned forward, fixed his eyes on me: “I have a 2yo son and we plan to extend our family in the coming years. I want to be part of my children’s lives growing up. My thoughts are that having my own business will give me the flexibility to do that”
I responded – “Most business owners often start out wanting more family time. How many do you know got that?”
He took his time before responding: “None that I know”
“The reality never seems to match the intention. Setting up and running a business is stressful which ends up with the owner having less time for himself and his family.”
He looked back with eyes wide open in amazement. “ I love the idea of having a business so much I did not consider what the cost to me and my family could be. One thing I won’t compromise on is my family time!”
“What do I do now?”
My response: “Have a conversation with your wife. Discuss and agree on what you both want to create for your family. Then look at the strategies to create that life. Running a business might be one of them – but only if you both fully understand how it serves what you are building together.”
He relaxed and committed to reaching out to his wife to have such a conversation.
He came in unable to start. He left knowing why. The business was not the first conversation. His wife was.
