You are on page 1of 3

Say Goodbye to the

Entrepreneur Widow
Laura Bechard

Abstract: In spite of the positive impact family businesses


have on the economy, their divorce rates are some of the
highest in North America. Entrepreneurs channel their
energy into their businesses and pride themselves on be-
ing workaholics, leaving their partners feeling unappreci-
ated and families abandoned. Getting on the same team
and staying there through the challenges that come with
combining business with family is not an insurmountable
challenge. This article outlines strategies and activities
that can be used to strengthen the family and the business.

Keywords: Agri-business, agriculture, attribution error,


communication, divorce, engagement, entrepreneur
widow, entrepreneurship, family business, family CEO,
family leadership, work-life balance

I fell in love with the heir apparent of a family business.


Transitioning into the family business was a source of
Laura Bechard is a certified, trusted
strain on our marriage. My husband was torn in many
advisor and the founder of ProVision
Coaching Network. Bechard joined her directions: working in the family business, living up to
family business as one of the in-laws, expectations from employers, and being the parent and
specifically the one who married the spouse he wanted to be. I felt abandoned and was hurt
heir apparent. Bechards 30+ years as a from the trade-offs that were being made. There are no
family business owner provides her with
unique experience and skills to advise statistics taken on divorce rates for entrepreneurs; how-
family business owners in implementing ever, divorce lawyers I spoke with suggested the rate is
best practices contributing to successful higher than the national average. Our marriage survived
families and successful businesses that these lonely, difficult times. Yours can too.
thrive into the future. Bechards MBA,
Chartered Professional Accounting
designation and substantial experience What is an Entrepreneur Widow?
as a business educator and facilitator An entrepreneur widow is the spouse or partner of an
make her a great choice to tackle tough entrepreneur who is so absorbed in the business that
topics with a sense of humor and in an
the personal relationship is virtually nonexistent. En-
engaging manner. The family business is
currently transitioning to the trepreneurs channel their energy into their businesses
5th generation. and pride themselves on being workaholics, leaving
their partners and families feeling abandoned. The en-
trepreneur is away from the family for long days, often
working into the evenings to network and attend busi-
ness building events. Meanwhile, the partner or spouse
is home alone or pursues his/her individual interests.

Expert Insights 1

Bechard_B4_164497.indd 1 17/03/17 2:35 PM


Say Goodbye to the Entrepreneur Widow

When children come along, the entrepre- later. We were busy parents with four little
neur widow has the added workload of rais- ones, professional careers, and the family
ing the children with little or no assistance. business. Our evenings and weekends were
consumed by child rearing and parenting,
The Family Business leaving little time for one-on-one connec-
Our family business was started by my hus- tions. Taking the children to the farm ev-
bands great-grandfather in 1905. It is a crop ery weekend during the growing season
production business in Saskatchewan. At was taxing. If youve spent any time on a
approximately 2300 seeded acres, it is not a farm, you also know that the men work
large operation; however, it generates suffi- long daysoften early mornings until late at
cient profit to support one family. Farm in- night. Small children on a farm create stress
come is often supplemented with off-farm for grandparents, often worrying about los-
income during the winter months. We were ing one of the children to a farm accident. It
the first operators to also build full-time pro- didnt take long for me to realize that going
fessional careers. In this industry, the busi- to the farm meant we spent time with my
ness was handed down to the male family mother-in-law. Even though we got along
members who often worked alongside their very well, I had no active role in the family
father, uncles and grandfather to learn the business and often felt in the way. Time
business and gradually take over the oper- with my husband was scarce. He was dead
ation and purchase the agricultural land. tired and the stresses from the days interac-
When I met my husband, he was working tions with other family members and oper-
on the family farm during the growing sea- ational challenges took their toll. Once the
son and pursuing post-secondary studies children started school, I went less often.
in an engineering-related field. I was also
a post-secondary student, studying edu- Tip 1: Engagement
cation and later commerce (accounting). If youre the entrepreneur, engage your
Upon graduation, his parents encouraged spouse in the business. Onboard your part-
him to go to work. The farm will always be ner into the business. Educate your spouse
here when and if you want it. I was nave about the business operation, share finan-
enough to believe that succeeding his par- cial information and family history. If you
ents in the family business was a choice. We need your spouses support for funding
purchased our first land the year before we growth or operations such as cosigning or
got married. The writing was on the wall guaranteeing loans or using personal lines
. . . we were going to be farmers and suc- of credit for the business, it is critical for
ceed his parents in the family business. We your spouse to understand the business
started our married life a 3-hour drive away finances and the financial risks being as-
from the family farm, too far to commute sumed. Explore ways for your spouse to
on a daily basis. Both of us built successful participate and contribute in a meaningful
professional careers-his in the energy sec- way. Dont wait to be asked questions. Your
tor and mine in post-secondary education. spouse likely has no clue what to ask!
If youre the spouse, ask about business
The Family Grows practices. Become familiar with the busi-
As a young couple, we managed the farm ness cycles, the way it generates profit,
worklife balance quite well. Without chil- the risks that need to be managed, and the
dren, we spent a lot of time together so the roles everyone plays. Work with the family
time spent apart during the growing sea- to carve out a meaningful role for you to
son was manageable. The challenges began playeither in family leadership or working
with the arrival of three children within in the business in an operational or support
2 years, our fourth arriving three years role. Your spouse likely assumes you will

2 Expert Insights

Bechard_B4_164497.indd 2 17/03/17 2:35 PM


Say Goodbye to the Entrepreneur Widow

figure it out or you will ask questions. role remains to support financing and ac-
Maybe your spouse feels you dont care counting decisions and manage cash flows.
about the business. Schedule a family busi- As a co-owner, Im involved in strategic de-
ness meeting regularly (at least every quar- cisions to grow and/or diversify the busi-
ter) with your spouse to learn about the ness. As the family leader, I did not assume
family business. Be benevolent. Most fam- an operational role: that was the domain
ily businesses do not have systems in place for the men. Thankfully, our business was
to bring in-laws into the business smoothly. seasonal with the bulk of the operational
Co-create the system with your spouse. work that required two men taking place
spring and fall.
Tip 2: Ask for What You Need It was the additional demands of rais-
At the family meetings, talk about what ing children, building a professional career
both of you need to get through the peaks and having to do it alone for a portion of
and valleys of relationships with each the year that contributed to my unhappi-
other, the family and the business. ness. The emotional distress battled with
Business LeaderHow can the family the logical arguments. I would erupt in
leader support you? How can you support tears. My husband would come home from
the family leader? What could you consider work, quickly pack a bag and be out of the
outsourcing or delegating to provide you house heading to the farm within 20 min-
with time to focus on the life plan? utes. All I could think about was, Oh no, I
Family leaderHow can you support cant even go to the grocery store without
the business leader? What support do you taking 4 young children with me. I was
need? Dont assume you have to do it alone. physically and emotionally exhausted.
If money is tight, there are often friends, I was jealous of the time the farm took
family or colleagues who will swap services away from my family. I resented being left
with you if your budget cant support paid alone for extended periods of time and of-
help. You may need to call on other parents ten resented the trade-offs on my career.
to assist with car pool or your child might I didnt feel special. I felt bad for the chil-
miss one or more of their activities for a dren and for my husband who often missed
little while. It is not the end of the world. birthdays, Fathers Day and many child-
Marvel Comics has not yet added Super- hood activities. I was hurt when I spent
Parent to their family of heroes. Mothers Day, wedding anniversaries and
birthdays alone. The children, however,
I Love You But ... seemed to manage this cycle very well.
I love you but I dont love the business. It It was fun to have at least two birthday
took me quite awhile to understand why I celebrationsone on the day and one with
would get so agitated when I would hear the the family earlier/later. It was what they
words, Im going to the farm. My husband always knew. Managing my own expecta-
felt I hated the farm and wanted him to give tions, changing my beliefs from how I was
it up. Logically, I supported the business, raised was the only way through the emo-
knew it was very important to continue the tional turmoil.
family stewardship of the land and appreci-
ated the qualities in my husband that I felt Tip 3: Dialogue, Time, and Space
resulted from his commitment to a farm- If you are the partner whose expectations
ers way of life: family and community. are not being met, engage in reflection,
Initially, I supported the business as the or other supports to help you get to the
bookkeeper, often the role of the spouse! root cause of your stress. Have meaning-
Fortunately, I had an accounting degree so ful conversations with your partner to ex-
I didnt need to be trained in this role. My plore each others family of origin routines,

Expert Insights 3

Bechard_B4_164497.indd 3 17/03/17 2:35 PM

You might also like