Principle 3

Getting Your Family's Support

The most important thing a father can do for his children is to love their mother.

—Henry Ward Beecher

In this chapter, you will learn how crucial it is to get your family's support on your venture. We are not talking about extended family. We are not talking about Mom and Dad, Brother and Sister; we are talking about your spouse. From the start, even before the start, you must include your family in your business. After all, think about what you're going to put them through! While you're visualizing how you'll spend your first million, your family is afraid of the unknown. Tell your husband or wife everything. Your spouse needs to know what you're planning, what he or she should expect, and any sacrifices your family will have to make.

For example, your spouse needs to know there won't be a guaranteed paycheck every week, no eight-hour workdays, and that your family's credit score may take a big hit. Your family needs to commit to supporting and encouraging you in this new venture for five to seven years. If they make this sacrifice, then they'll benefit from the pot of gold at the end of the rainbow that follows every storm. Getting your spouse's support may mean the difference between success and failure in your business. It almost goes without saying—family support is essential.

Additionally, in this chapter you will learn how the wealthiest man in the world, Bill Gates, included his wife in his business model and why you also need ...

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