Entrepreneurship and Marriage: How it Can Make or Break your Business

The following excerpt is from Kelly Clements’ book The Power of Play, Praise and Purpose.

entrepreneurship and marriage
The Power of Play, Praise and Purpose

Entrepreneurship is a wild ride and it takes the right person to pull it off successfully. With over 90 percent of entrepreneurs failing once or more in business, it’s no wonder the divorce rate for entrepreneurs is so high. The journey of entrepreneurship is wrought with extreme highs and lows. Add a spouse to the mix and you either have a
secret weapon—or a recipe for disaster!

For a spouse, marrying into an entrepreneurial relationship can prove to be a tremendous blessing or a blasted curse. I used to say that a spouse can make or break a business. While that’s still true, there’s a more important truth: a business can make or break a spouse.

While the growth of a business owner may serve the business well, it can also threaten a marriage. When couples are not growing together, the gap of shared goals and dreams can swallow the relationship. Because a spouse plays such a crucial support role to the business owner, it is imperative to invest in the individual growth of the spouse as well as the entrepreneur.

Where Spouses Might Struggle

Most spouses struggle to find the line between support and self-care. Discovering how to effectively manage the impact of the business on the spouse and the relationship has proven to be a game changer. The impact of a supportive spouse on a business in undeniable. The impact of a fulfilled spouse in a relationship is even greater. That’s why the spouses must be championed, acknowledged, and encouraged to grow and care for themselves.

To be healthy in all areas of personal life requires a journey of self-discovery to reconnect with one’s highest and best self. I’ve lived in the uncertain environment of the entrepreneurial households on both sides of the equation—as the entrepreneur and as the partner of one. I’ve learned from my mistakes and love lost. I’ve also coached many entrepreneurial couples through Strategic Coach, Lifebook, and my own business, The Entreprenewer, where I recognized they were all experiencing similar issues, not only in the business, but in the situation at home.

Due to the constant demands of the business and family, couples are often left feeling deflated, overwhelmed, and underserved. They’re in chronic reaction mode. The entrepreneur is hyper-focused on maximizing their potentialin the business. The spouse is caught up in the inertia of everyone else’s goals and dreams. They aren’t pursuing their own passion and growth anymore. In essence, both parties are being squeezed out of the relationship. They have forgotten the three most enjoyable parts of life and relationships: the power of play, the power of praise, and the power of purpose.

My Intention for this Book

My intention for this is a book is to empower entrepreneurial couples to grow TOGETHER through the powers of play, praise, and purpose. Harnessing these powers will reveal that it takes TWO extraordinary people to create ONE extraordinary relationship. In discussing the concepts, I will often refer to entrepreneurial relationships in a generalized way, referring to the entrepreneur as “he” and the spouse as “she”—but the challenges can be just as hard, if not harder, when the woman is the entrepreneur in the relationship. The same is true for same-sex couples of either gender. These principles are boiled down to “entrepreneurshipthe human experience,” and transcend stereotypes and gender roles.

To create a healthy, vibrant relationship, the three most crucial strategies involve infusing your relationship with prolific amounts of play, praise, and purpose. In the next section, we’ll address why entrepreneurs and their spouses need to match the quality of their free time to that of their work time. We’ll explore how they can bring greater awareness to their opportunities to affirm versus accuse, and identify the need to align their long-term visions so there’s purpose in both their lives, as well purpose for their relationship. In short, entrepreneurial households require plentiful play, potent praise, and powerful purpose.

Part One

The Storms of Entrepreneurial Relationships

Before we explore the solution, we must fully recognize the problem If we don’t understand what’s hurting us, we can’t maximize what helps us Entrepreneurship offers a unique dynamic to a love relationship Somehow, the business becomes a third party in the relationship It can become the source of our identity and the catalyst for the health (or lack thereof) of our relationship It becomes the governing body of how well we “show up” for our spouse It is crucial for us to reclaim our love relationship from the grip of our business if we are to truly step into our power as a couple

Chapter 1: Roles vs. Identity

Identity Loss: It doesn’t take a crisis

We give business owners a lot of flack for tying their identity so tightly to their business. Their self-worth becomes inextricably linked to their net worth. What has so far gone unnoticed is how strongly the spouse ties her identity to the business owner.

The business now becomes the foundation of the relationship. But we overlook the crucial piece in which we acknowledge that the love relationship is actually the bedrock of a fulfilling life and the health of the business.

Remember, in order to create one extraordinary love relationship, we need two extraordinary people—not one extraordinary business We need two people who are actively paying attention to their needs and desires. We need two people who are committed to shared growth and mutual support.

By nature, and by trade, entrepreneurs are hardwired for growth. They seek peak experiences and are always looking for an edge. Many times, the result of this quest for hyper-growth leaves thrashing chaos in its wake. The spouse is left to hold the rest of the couple’s lives together. Keeping life on the rails becomes a full-time job, and it’s in this abyss that we completely lose sight of ourselves.

Did you enjoy this excerpt? You can enjoy another FREE chapter excerpt or purchase the book HERE.

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