Parenting is Risky Business: Finding Your Entrepreneurial Spirit

In a recent article published in Smart Money Magazine, the article's author determined that one of the personality traits entrepreneurial millionaires had in common was their appetite for risk.

Of the entrepreneurial millionaires interviewed and profiled, each one had been willing to take a risk.

SAHMs, WAHMs and Taking Risks

Stay at home moms who transition to become work at home moms also have to have a bit of this risk-taking spirit in them. It takes an appetite for risk, or at least the fortitude to experience risk.

Moms who decide to continue their maternity leave indefinitely and find themselves a way to make money are taking a risk. They don't' know where their next paycheck will come from, how much it will be, or if there will be one.

What If....

These SAHMs who make the successful move to WAHMs are willing to take the risk. They are not plagued and stymied by "what ifs..."

If these WAHMs are lucky, the have a support system in place. While this lessens the risk, it does not remove it. For example, the SAHM who becomes a WAHM may have some freedom to be creative and try to make money, but she also will not have a retirement fund. Unless she is successful.

"What if I write this book and nobody buys it?"

"What if I spend time doing X and it turns out to be a waste of time?"

"What if I start on online business and it fails?''

The moms that successfully make the move from SAHM to WAHM only have one if to propelling them forward:

"What if I succeed?"

The thought of success will compel WAHMS forward, and provide a balance beam for risk taking.

Parenting is Risky Business

The act of having a child does prepare a SAHM, a WAHM, a future entrepreneur for risk. Pregnancy is no guarantee of a healthy baby. A healthy baby is not guaranteed of a healthy child. And on it goes.

Parents learn to deal with risks every day. A baby could fall down. A child could be slow to crawl.

Just because risks are part of parenting, that does not stop us from becoming parents. Anything worth doing comes with a certain amount of risk. The greater the risk, the greater the potential for rewards.

Being a parent teaches you that life does not come with guarantees. Being a SAHM and a WAHM teaches us that the unknown is a glorious, wonderful place that can lead to a yellow brick road of good fortune.