Why Married Entrepreneurs May Enjoy More Success

Some entrepreneurs sacrifice their marriage for the sake of their business. There are about 71% of married entrepreneurs – a more significant percentage than single entrepreneurs. Since divorce is prominent among the general population, there will also be many divorced entrepreneurs. Nonetheless, married entrepreneurs with a healthy and happy relationship may be more likely to succeed in their business endeavours.

Married entrepreneurs tend to develop better communication skills and techniques. Communication is crucial in business. From communicating with your co-founder to your customers, this skill helps you to avoid confusion and misunderstandings with other people. Married couples also learn to give and take; hence it is not always you that do the talking. Listening to what others have to say is also part of effective communication.

An interesting five-year-long study by Washington University demonstrates a correlation between a spouse's personality and occupational success. An increase in the standard-deviation of spouse conscientiousness is proportional to work success for an employee or entrepreneur. Thus, it can be concluded that a spouse's personality can make or break a marriage or a business's success.

If you are married, you will have plans regarding purchasing your first home, saving for your children's college fund, or a house renovation fund. Similarly, entrepreneurs always have to plan ahead. Like marriage, planning is also a business strategy that married entrepreneurs can apply firsthand in their business venture.

Another similar element between marriage and business is a partnership. Of course, there will be conflicting opinions and disagreements; but, married entrepreneurs are more experienced with compromising skills. They are also more likely to stay calm to avoid an escalated dispute with others.

Additionally, a married person also has a 5% chance of being diagnosed with cardiovascular diseases than a single individual. As such, having a spouse encourages a better lifestyle and overall better health benefits such as improved memory and a longer lifespan. For an entrepreneur, health is vital to the success of your business. More importantly, when you are healthy, you are more focused and productive to seize the day.