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8 Reasons Married Entrepreneurs Succeed More

Having a stable and loving home is a boon for those navigating the cruel sea of business.

This article was translated from our Spanish edition. Opinions expressed by Entrepreneur contributors are their own. This article was updated on November 16, 2019

I know many entrepreneurs who have sacrificed their marriage in the name of their business. It is easy to understand with the difficult schedules that we maintain. Considering that the Kauffman Foundation reports 71% of entrepreneurs marry, it means that we will soon have many divorced businessmen and women.

Depositphotos.com

Sure, there are many advantages to being a single entrepreneur, but the fact is that having a healthy love life also drives success. These are some of the reasons why it is convenient to be married as an entrepreneur:

1. They develop communication skills

Good communication is key in any relationship, be it with your partner, partner, employees or clients. We need to say that we like it and that we don't and hear the same from the people who accompany us through life. If your partner wants to remodel your house and you don't like the color of the walls, you should say so. It's better to talk than to let resentment build up.

The same goes for when you start a business. If your co-founder has a different vision of the company that you don't like, you should say why you don't like it and what your own vision is.

Communication is more than making your opinions known. It helps us to clearly describe what we want so that there is no confusion or misunderstanding. It's about listening to what others have to say. Just as you want to be heard, others must be heard.

2. They generate scruples

A study from the University of Washington in St. Louis found that the personality of the couple has a significant impact on a person's professional success. The characteristic that stood out the most in the success stories was conscientiousness.

Scrupulous people are believed to be more organized, responsible, and playful. They also work harder and control their impulses better.

3. They plan ahead

In a marriage you must plan ahead. Either to save to have your first home, retirement or for the education of the children. Entrepreneurs should be like that too, planning for at least three years in the future.

Not only should you have a course of action for your marriage and business, you should also have backup plans and a fund for emergencies in case things don't work out.

4. They learn to compromise

Both your business and your marriage are about partnerships. There will be conflicts or differences of opinion, but both parties will be able to negotiate and compromise when necessary.

Learning not to cling comes with effective communication, but it also means staying calm, asking for responsible things, and being aware that you don't always give in 50/50.

Both your business and your marriage are about partnerships / Image: Depositphotos.com

5. It's good for your health

A study of 3.5 million American adults found that married people have a 5% lower risk of cardiovascular disease than single, divorced, or widowed people. This is because the couple is aware of diet, medicines and doctor's appointments.

Other health benefits are that married people have better mental health, more agile memory, and longer lives.

As an entrepreneur, your health is essential to succeed in business. When you are healthy, you are more productive, focused, and can make better decisions.

6. They accept constructive criticism

It's not always easy to hear criticism, but you can improve your tolerance by being married or being an entrepreneur. There will be times when you will have to listen to something you don't want, from how to cook a steak to how to serve your customers. Instead of getting angry, learn to use this feedback to make things better.

Constructive criticism helps you improve your communication, makes your products and services stronger, forces you to analyze how you work, and gives you a competitive advantage.

7. They choose their battles

Any married person can tell that there are some fights that you are never going to win. That does not mean that you are a mandilón. Rather, it means that there are things that are not worth fighting for. For example, if my wife is craving Thai food, that's what we're going to have for dinner. I may suggest other restaurants - I don't love Thai food - but if she wants to go, that's not worth arguing about.

This is also true as an entrepreneur. You must choose your battles, whether it is answering the negative reviews of your customers or even knowing when to withdraw.

8. Have work and life balance

One of the great advantages of being an entrepreneur is that we can achieve work-life balance every day.

"When you are married. You will always have clear priorities at home, ”says Melinda Carlisle Brackett, a therapist and business coach in California who works with entrepreneurs. "Having someone special forces you to make decisions that will make you happy in the long run"

Maintaining a life-work balance is good for your health and prevents you from getting burned. Most importantly, it lets you know that there is more to life than just business.

John Rampton

Written By

Entrepreneur Leadership Network VIP

John Rampton is an entrepreneur, investor and startup enthusiast. He is the founder of the calendar productivity tool Calendar.