3 Replies - 4361 Views - Last Post: 13 July 2012 - 02:27 AM

#1 modi123_1  Icon User is online

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[link] 9 Ways to Convince Your Parents to Support Your Startup

Posted 16 May 2012 - 01:57 PM

http://www.readwrite...ReadWriteWeb%29

Man oh man.. if I could slap some of this into people over the years it would have saved quite a bit of heart ache and time.

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For many young entrepreneurs, getting their parentsí support for a new venture can make a huge difference - emotionally, practically and even financially. But itís not always easy to explain to Mom and Dad why, instead of getting a ďreal job,Ē youíre putting everything on the line to create a new technology startup. It can be done, though, and these youthful startup veterans explain how...


Tip #1: Donít get too full of yourself.
Tip #2: Do your homework
Tip #3: See their perspective
Tip #4: Keep them in the loop.
Tip #5: Convince them of your passion.
Tip #6: Be completely honest.
Tip #7: Show them what you bring to the table.
Tip #8: Explain your idea on their terms.
Tip #9: Donít gloss over potential problems.


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Replies To: [link] 9 Ways to Convince Your Parents to Support Your Startup

#2 no2pencil  Icon User is offline

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Re: [link] 9 Ways to Convince Your Parents to Support Your Startup

Posted 22 May 2012 - 05:40 PM

Trying to convince my parents? It was their disbelieve that pushed me further.

Quite honestly, I don't want their support, because they are not my clients. This maybe helpful to some, but I feel the crutch should be removed & not reinforced.
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#3 Sergio Tapia  Icon User is offline

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Re: [link] 9 Ways to Convince Your Parents to Support Your Startup

Posted 27 May 2012 - 09:43 AM

Never mix business with family. It's turns to shit quite easily. :(

I've experienced first hand what business turned sour can do to a family, and it sucks.
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#4 Mike+9  Icon User is offline

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Re: [link] 9 Ways to Convince Your Parents to Support Your Startup

Posted 13 July 2012 - 02:27 AM

I have no problems with my mom supporting me. I already made some money the last year from this, something like 2-3 times her regular salary so she knows I can get there again and even higher than that.
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