5 Reasons Why Every Entrepreneur Should get Married

by mjfern on August 31, 2010

Many believe that entrepreneurship and marriage are incompatible. The argument is that starting a new venture just takes too much of your time, mentally and physically. By the time a day or week of work is finished, there’s no time left to nurture a relationship. And just like you can’t successfully run a venture off the side of your desk, you can’t do this with a marriage.

All that said, let me explain 5 reasons why every entrepreneur should get married.

1. Listening: To be insightful and to create customer value, you need to listen, to your customers, partners, and investors; otherwise your efforts with your venture will largely be misguided. And moving beyond listening is the ability to be empathetic, imagining yourself in the shoes of others; viewing problems and issues from their perspective. There’s no better setting for improving your skills of listening and empathy than in marriage. A successful marriage depends on listening and understanding the distinct perspective of your spouse. Master the skills of listening and empathy in marriage, and carry these forward to understand the needs and goals of your customers, partners, and investors.

2. Learning: Few new ventures succeed with their first strategy, or their second, or even third. It often takes many iterations to find a viable approach for competing. It could take several years before you have all the kinks ironed out. A successful marriage also requires substantial learning and adaptation. You’ve been living on your own for 20+ years, and now you’re living with someone and sharing a life together. It takes months, if not years, to learn and adapt to the needs of your spouse and your new found partnership. “Learning to learn” is a critical skill that extends from marriage to starting a venture.

3. Teamwork: Few ventures succeed without formal and informal partnerships. There’s just too much to do for any single individual. You need to learn how to work with others on different fronts to push a venture forward. A successful marriage also requires an ample amount of teamwork. Whether you are coping with housework, raising children, or dealing with a crisis, a couple needs to carefully coordinate their efforts and find negotiated solutions to be successful. You think the teamwork skills you developed during your undergraduate or master’s program will prepare you for starting a venture? To master the skills of teamwork, coordination, and compromise, get married.

4. Passion and Love: To be successful as an entrepreneur you need to have passion for your work, your customers, and others integral to your venture. It’s not just money that keeps you going during difficult times, it’s the thought that if you give up, you can’t keep doing what you most love to do. Marriage teaches you what real love is all about. It’s not just loving your spouse when times are easy and the going is good; it’s unconditional love, pressing forward, no matter the challenges that you’re currently facing or that lie ahead. Take this idea of love, and apply it to starting up. Don’t give up on your venture and your customers just because times are tough.

5. Persistence: Most entrepreneurs and investors acknowledge that the number one factor separating successful and failed ventures is persistence. A persistent founding team eventually gets traction with some product and strategy. As a classic example, consider the early days of Hewlett Packard. Before finding success in the instruments business, Bill Hewlett and Dave Packard tried marketing a “bowling alley foul-line indicator, a clock drive for a telescope, a thing to make a urinal flush automatically, and a shock machine to make people lose weight.” [1] Marriage also requires persistence; not blind persistence, but persistence coupled with growth. It’s persistence while improving your skills along a range of dimensions, including those mentioned above (e.g., listening, learning, teamwork, passion). Just like Hewlett and Packard moved beyond shock machines to greener pastures in the instruments business, as a couple you need to persist and grow beyond your early challenges in marriage.

Now it’s time to succeed in your marriage and with your new venture. Best of luck in both pursuits!

[1] http://www.hp.com/retiree/history/founders/hewlett/quotes.html

  • Captain Obvious

    That sounds great and all, but you forgot the part about getting a prenup. Remember, she gets half should you be the 1 out of every 2 couples that get divorced.

  • mjfern

    Thanks for the comment Captain. There are definitely risks with marriage, as you point out. And it’s not just monetary risk, it’s risk to your psychological well being.

  • Marty

    Really an insightful article. I enjoyed it!

  • http://www.co2impact.com boyd

    Nice analogies I had never thought to make. Being a serial entrepreneur with 4 past ventures, and on my 2nd-and confidently my final-marriage there are many similarities and differences between the two. However, not all people learn during their first or second or even their third marriage though. In fact I know an entrepreneur who is going on his 5th marriage and I am not sure he has figured it out yet.

  • mjfern

    Marty, Thank you! I appreciate your feedback.

    Boyd, I agree with your point about learning during marriage. In fact some data shows that people are more likely to divorce on their 2nd and 3rd marriages than their 1st. Perhaps this suggests that “learning to learn” is most critical, and needs to happen before you’re able to obtain the other skills?

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  • http://11strategies.com Peter Knight

    Napoleon Hill’s book think and grow rich is said to have inspired more millionaires than any other book and many millionaires attribute a lot to having read the book. One of the interesting quotes from the books that I never see mentioned that I found interesting at the time of reading (even though the books concepts have been adopted by many new authors) is written around page 182:
    “The men who have accumulated great fortunes and achieved outstanding recognition in literature, art, industry, architecture, and the professions, were motivated by the influence of a woman.”
    Napoleon Hill also goes into detail why transmuting sexual forces gives people the potential to ‘become gifted with a super power of action’. I’m surprised there isn’t a book that has exploited the wording in the book – since the ‘secret’ has been a commercially lucrative subject and most of it is based on this book. No mention is made of those passages in the book, probably because the word ‘sexual’.

    Having married a month ago I would say I’ve become a better, more capable entrepreneur. Since forming a relationship I’ve grown in ways that have definitely boosted my business.
    I suspect it varies greatly per person and the partner involved (has to be a good relationship and based on divorce rates, most are not) but I’d say being married can a heck of an advantage as an entrepreneur.

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  • http://www.provisionventures.com Kevin Holmes

    As an entrepreneur planning a wedding I enjoyed reading the post . I’ve found my fiance to be one of if not the most important stakeholders in my startup (a totally different scenario from my past venture done while single). It keeps me grounded and she gives me plenty of extra motivation to succeed.

  • http://tsanko@gmail.com tsanko

    Wonderful ..thanks a lot for posting a good informitive blog

  • Thinkshannon

    GREAT article! You just described my marriage (and the success of several small businesses)!

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