My parents emigrated from Korea when I was 3, and my mom worked in retail and restaurants to support our family while my dad received his English degree. They were the first of our entire family to emigrate to the States, and came with virtually no money — so much so that my brother and I remained in Korea with relatives for almost a year until my parents could settle in and afford to have us fly to America to join them.
Shortly after my dad received his degree, he started teaching English to one student out of our little apartment. Soon that number grew to five. Once he had ten students, he opened up a small, one room school. I remember my parents working from 7 am to 11pm in those early years, yet still having time to make my brother and I do our supplemental workbooks, provide us with homecooked meals, and take us on monthly camping trips.
I have nothing but the greatest respect for immigrants who sacrifice so much to move to America to provide a better life for their children. I think a combination of growing up around that immigrant mentality and the entrepreneurial spirit my parents embodied have largely shaped how I think about work and business today.
I completely understand that starting your own business isn’t for everyone. The hours suck, you work weekends, it’s hard to take vacations, and managing employees is probably the hardest part of the job (I hate managing). But I’ve pretty much been my own boss for almost the past decade, and I think once you’ve been your own boss, it’s hard to work for someone again. Just like I can’t imagine what it’d be like to go into a regular office again because I can’t give up working in my pajamas!
Had my parents not been entrepreneurs, I wonder if I would have ended up following a completely different path. Now I can’t imagine another life. I’d rather take the risk and work twice as much for half the money as my own boss because of the flexibility and the possibility of unlimited growth.
Were your parents entrepreneurs and do you think that affected whether or not you became one yourself? Do you have your own business or would you like to start your own business one day?
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My dad started his own business about 20 years ago. He’s definitely instilled the entrepreneurial spirit in me, but I do have to admit that I never admired the way he worked. Sure, he set his own hours, but those hours were long and hard and relentless. At the same time, he would never have it any other way. He doesn’t like answering to anyone (other than his clients), and office politics were something he always greatly despised (and I suspect I would as well). I greatly value being able to work from home, and the long hours are worth it for the most part (occasionally it breaks me down, and I wish I could work for the state, where they require you to leave at 5PM sharp and they get every holiday known to mankind off), but I usually shake it off and am thankful that I am able to work at home in a small business!