Prioritize your family. No one says they wish they spent more time in their business on their deathbed. It's not just time and energy that changes when your kids are born, but the amount of risk you are willing to take. Your expenses can also go through the roof if you're not careful, making it harder to quit your full-time job.
As the business grew, I found myself spending too much time on it. Luckily I have an intense father-in-law and he told me in no uncertain terms that I was killing the family. I also surrounded myself with a board and mentors that knew my business objectives were secondary to my mental health and my family's health. This helped me make the pivot to a more balanced life once things were doing well - something many entrepreneurs just don't do.
Having said that, there are seasons where you'll have a little more time. I found that the kids got much easier around 3 years old and they were out of diapers and the terrible 2s, then there was another break when they started going to school. As soon as my son hit high school, he needed me more again. I started my venture when my kids were 4 and 2 and it was a hard time but I've been able to slow down since and spend more time with the kids. If you still want to start your own thing, save as much as you can and plan a good time to start around your family.
Prioritize your family. No one says they wish they spent more time in their business on their deathbed. It's not just time and energy that changes when your kids are born, but the amount of risk you are willing to take. Your expenses can also go through the roof if you're not careful, making it harder to quit your full-time job.
As the business grew, I found myself spending too much time on it. Luckily I have an intense father-in-law and he told me in no uncertain terms that I was killing the family. I also surrounded myself with a board and mentors that knew my business objectives were secondary to my mental health and my family's health. This helped me make the pivot to a more balanced life once things were doing well - something many entrepreneurs just don't do.
Having said that, there are seasons where you'll have a little more time. I found that the kids got much easier around 3 years old and they were out of diapers and the terrible 2s, then there was another break when they started going to school. As soon as my son hit high school, he needed me more again. I started my venture when my kids were 4 and 2 and it was a hard time but I've been able to slow down since and spend more time with the kids. If you still want to start your own thing, save as much as you can and plan a good time to start around your family.