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Why should early-stage entrepreneurs get support from their families?

Christina Hernandez Sherwood on August 04, 2014

Why should early-stage entrepreneurs get support from their families?

Without support from your spouse and family, your entrepreneurial journey could prove more difficult over the long term. Family members should be on board -- at least on some level, said Nicholas Franano of Novita Therapeutics at the Life Science Ventures Summit. "If you're going to leave your job as a physician or a scientist to start a startup company, it's an important kitchen table conversation," Franano said. "[Your family is] there on the landing. At least if you crash, you asked them before you took off."

There are no statistics on the impact of entrepreneurship on marriage, but conventional wisdom suggests entrepreneurs have a higher divorce rate than other professionsMost of the solutions to this problem are straightforward, from scheduling one-on-one time and asking a spouse to remind you they are not your employee.

FAQs are a weekly feature on eMed for current and aspiring healthcare entrepreneurs.

Category:  Creation  Tags:  FAQ, family, spouse, entrepreneurs

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