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Successful business owners, did the people around you support your endeavors?
Posted on 1/20/24 at 6:04 pm
Posted on 1/20/24 at 6:04 pm
Out of college, I took a business to business sales job. In person cold calling new businesses.
I remember questioning many of the various small retail businesses in my head, “where did they get the money to waste on this business idea?”
My favorite was a bread pudding shop. That’s all they served, bread pudding, you had 4 flavors of hot bread pudding and 3 flavor of cold bread pudding.
It lasted maybe 6 months before it closed down, but there were countless other examples of one-off “restaurants” that you could tell almost immediately that it was doomed. (Oh, another burger place?)
My question is to those who have successful businesses. I don’t mean financial support, I mean did your family, spouse, friends, “mentally support” your decision to start your own business, or did they try to convince you NOT to risk it?
I’m trying to better understand if most people face opposition whenever they want to build something new, or if it’s more personalized….as in “you come from a family of naysaying pessimistic types”.
Did your friends and family support you or did you do it despite there gloom & doom cautions?
I remember questioning many of the various small retail businesses in my head, “where did they get the money to waste on this business idea?”
My favorite was a bread pudding shop. That’s all they served, bread pudding, you had 4 flavors of hot bread pudding and 3 flavor of cold bread pudding.
It lasted maybe 6 months before it closed down, but there were countless other examples of one-off “restaurants” that you could tell almost immediately that it was doomed. (Oh, another burger place?)
My question is to those who have successful businesses. I don’t mean financial support, I mean did your family, spouse, friends, “mentally support” your decision to start your own business, or did they try to convince you NOT to risk it?
I’m trying to better understand if most people face opposition whenever they want to build something new, or if it’s more personalized….as in “you come from a family of naysaying pessimistic types”.
Did your friends and family support you or did you do it despite there gloom & doom cautions?
21
Posted on 1/20/24 at 6:06 pm to Kujo
Did they support in the beginning? No.
Everyone wanted me to get a regular job and be “safe”
Everyone wanted me to get a regular job and be “safe”
Posted on 1/20/24 at 6:06 pm to Kujo
I support your wife’s onlyfans
Posted on 1/20/24 at 6:07 pm to Kujo
Hell no, but they sure want all the benefits it provides now
Posted on 1/20/24 at 6:08 pm to Kujo
I didn't really ask anyone in my circle if they supported it or not. Didn't matter. I was going to do what I had to do. Very thankful I took the chance.
Posted on 1/20/24 at 6:09 pm to Kujo
I can’t believe people support and encourage their friends to start another boutique in a shopping center, or a burger place in a bad area of town, etc… or how the bank supports them for that matter lol
I usually have support but my wife doesn’t believe it until she sees the dough lol
I usually have support but my wife doesn’t believe it until she sees the dough lol
This post was edited on 1/20/24 at 6:14 pm
Posted on 1/20/24 at 6:10 pm to Kujo
I think about this a lot. I want to start my own business but am terrified of failing.
Most entrepreneurs I know were either very supported by their parents (just in general and therefore believed in themselves and had self confidence) or one or both of their parents were business owners/entrepreneurs so that was the norm for them.
Not saying this is true for everyone, but it’s true for most people I personally know who have their own business.
Most entrepreneurs I know were either very supported by their parents (just in general and therefore believed in themselves and had self confidence) or one or both of their parents were business owners/entrepreneurs so that was the norm for them.
Not saying this is true for everyone, but it’s true for most people I personally know who have their own business.
Posted on 1/20/24 at 6:29 pm to Kujo
When my first business attempt failed my dad, who had the same job for like 20 years at that point, told me to give up and get a steady job.
Later on, he was my biggest cheerleader but he never understood my desire to own a business. He grew up poor and believed in the stability of a steady job. He never took any risks but always made sure we had everything we needed.
I got my ambition from my mom's side which is full of business owners.
Later on, he was my biggest cheerleader but he never understood my desire to own a business. He grew up poor and believed in the stability of a steady job. He never took any risks but always made sure we had everything we needed.
I got my ambition from my mom's side which is full of business owners.
Posted on 1/20/24 at 6:38 pm to Kujo
A computer you can carry around in your pocket sounded like a stupid idea at one time.
Posted on 1/20/24 at 6:43 pm to Kujo
quote:
My question is to those who have successful businesses. I don’t mean financial support, I mean did your family, spouse, friends, “mentally support” your decision to start your own business, or did they try to convince you NOT to risk it? I’m trying to better understand if most people face opposition whenever they want to build something new, or if it’s more personalized….as in “you come from a family of naysaying pessimistic types”. Did your friends and family support you or did you do it despite there gloom & doom cautions?
Ive started 2...one drained away all my money and 3 years of my life. The next one was very successful.
The first one, I had "cautious support" with more caution than support. I should have listened to those older and wiser. They asked "how will your numbers work" and I just said id make them work. I also got a "strings attached" grant from the city. Worst decision of my life.
The second one ive had a lot of support because its a much better business that has numbers that make sense and I had lots of support. It has changed my life and is very financially successful
Moral of the story: if someone has logical based caution to your idea, listen to them and consider it, especially if they are older and wiser. There are others that are just "9 to 5ers" that are just averse to taking any risk. These peoples opinions are less helpful
This post was edited on 1/20/24 at 6:44 pm
Posted on 1/20/24 at 6:45 pm to Kujo
quote:
, I mean did your family, spouse, friends, “mentally support” your decision to start your own business, or did they try to convince you NOT to risk it?
I had been down sized so didn’t have to leave a job but everyone thought it was a bad idea. ‘Everyone’ worked jobs and never owned a business.
Be prepared for money related stress in your family. The first few years can be lean. The naysaying often gets worse. Owning has changed my family in very good ways but your arse is also on the line. Right now for example, interest rates & economy have me working for free. Employees get paid but there ain’t much left over.
Posted on 1/20/24 at 7:20 pm to Kujo
Took over a 65 year family business in 2001, moved it in 2013. My ex asked me why I didn't close it, after I had moved everything and was ready to open the new location. 
Menopause is a motherfricker baws. I'm glad she's out off my life.
Menopause is a motherfricker baws. I'm glad she's out off my life.
Posted on 1/20/24 at 7:30 pm to Kujo
My wife was going to be a successful entrepreneur regardless. She’s the most tenacious, hardworking, driven person I’ve ever been around. Her mother always told her she shouldn’t do it. As soon as she passed away, my wife opened her business. Truly an amazing woman.
Posted on 1/20/24 at 9:55 pm to Kujo
If your family member has a w2 job, especially if they hate it, they don’t.
If your family member runs a company that’s even moderately successful they do.
If your family member runs a company that’s even moderately successful they do.
Posted on 1/20/24 at 10:00 pm to Kujo
quote:
Oh, another burger place?)
My favorite is here in Shreveport, a burger place went out of buisness only for another burger place to open up in that space. Meanwhile a burger place across town went out of buisness.
Posted on 1/20/24 at 11:50 pm to Kujo
I’ve been struggling with the same thing. I have what I’m pretty confident is a good idea for a tech company, but I’m finding it difficult to commit to something I don’t have much support from my family on.
It’s quite odd because the huge majority of the time I really don’t care what people think.
It’s quite odd because the huge majority of the time I really don’t care what people think.
Posted on 1/21/24 at 8:44 am to Kujo
Absolutely.
We were blessed beyond measure, all the friends and family encouraged us.
We were blessed beyond measure, all the friends and family encouraged us.
This post was edited on 1/21/24 at 8:53 am
Posted on 1/21/24 at 8:55 am to Kujo
My wife, brother, and mom-absolutely. My dad-absolutely not. His business failed and it kills him to see my company thriving.
Posted on 1/21/24 at 10:03 am to Kujo
I’ve got family who would prefer me to do poorly, just to make themselves look better without having to do shite.
People are selfish in the strangest of ways sometimes.
People are selfish in the strangest of ways sometimes.
Posted on 1/21/24 at 12:41 pm to Kujo
quote:
My favorite was a bread pudding shop. That’s all they served, bread pudding, you had 4 flavors of hot bread pudding and 3 flavor of cold bread pudding.
The problem with a lot of these types of things is that they aren’t thought out well, and don’t come from a place that makes any good sense. In this instance, bread pudding originates from restaurants utilizing food waste in stale bread that would otherwise become bread crumbs or be thrown away. It’s a way to make more profit on top of other food markups and dishes that draw people in, cross utilization that minimizes the biggest cost in the food business, food waste. It’s their lack of food knowledge that is at play here.
It’s for this reason that I think people really do not put in the amount of research it takes to get a concept off the ground and make it successful.
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