Connect with us

Business Entrepreneur

8 dad entrepreneurs share how they balance work and life

This father’s day, we salute dad entrepreneurs who share with us how they prioritize their family.

Published

on

father daughter

father daughter

Happy father’s day, dad entrepreneurs

If you are the child of an entrepreneur, you’ve watched your parent work their fingers to the bone (sometimes literally, other times figuratively), and you have admiration for his grit and determination.

bar
The next generation of dad entrepreneurs is here, and their take on the work/life balance conundrum is very different. Tech startup founders, inventors, and business men of today involve their children, care about every waking moment they can spend with their kids, and go above and beyond to make them a priority.

Eight fathers tell us below how they balance their work with their family life, and we salute them this father’s day:

Kevin McCarthy – founder and CEO of McCarthy Music

“My daughter Sophia, 6, has been intimately involved in the development of my company’s first product, the Illuminating Piano. Since Sophia was 4, she’s been playing occasionally on various prototypes. It’s been a great way for us to connect about what I do and it’s inspired her to want to invent all sorts of things. I think trying to involve your children in your business is a somewhat overlooked aspect of work/life balance, but it gives them a much better understanding of what you actually do. I also work 7 a.m.-4 p.m., which gives us an additional hour or two each night to spend together.”

Marc Gorlin – founder and CEO of Roadie, Inc.

“Anytime I have a decision to make, I ask myself  ‘What’s most important?’ I do this at Roadie all the time. When put through this simple filter, questions get, well, simpler. For example, last week, I had the choice of being five minutes late to a meeting or ordering flowers for my daughter’s debut as the Dragon in Shrek the Musical. The meeting could wait.”

Edward McCloskey, founder of WaterWipes

“Ensure that, as a father with kids of teenage or younger ages, you make sure that you allow enough time in your life to spend regular ‘family’ time with them and to be around, available and interested in their day-to-day lives. It is way too easy to get sucked up into the ‘thrill of the chase’ when building your business, but your kids will have grown up and moved on before you know it, and you don’t want to miss out on their developmental years. So the challenge as an entrepreneurial dad is to both do the best you can in growing your business and also make sure to spend regular quality time with your children. It’s as easy – and as difficult – as that.”

Peter Waisnor, Vice President, Tenba

“Be home for dinner, be in the moment and arrive with excitement. I travel about 25% of the year, much of it internationally, and I could easily travel twice that amount if I went everywhere I was asked to go. To minimize my time away, I often take red-eye flights home so that I don’t lose a full day for travel. And when I arrive home, no matter how little I have slept for the time that I was away, I arrive ready to do whatever my son wants to do. My son is very excited to see me and hang out when I return, so I don’t want to spoil it by letting him know that I’m exhausted.”

Sean Folkson, Founder, NightFood, Inc.

“Get your kids on board: It might not be possible, depending on your business, but my both my kids love NightFood, so they understand when Daddy has to work late or on weekends. Whenever we are in a mall with a GNC store, my 5 year-old Benny wants to go in and do a sales call. We’ve even featured him in some promotional videos and ads we’ve done. He tells his friends and teachers about the bars. He feels a sense of ownership, which makes me proud and makes things easier. Also, try your best to leave work at work and understand your priorities.”

Roger Wilson, Owner, GermBloc

“Keeping perspective on what truly matters can easily change when you stretch your mind to think outside the box and create innovative products that you become emotionally attached to. Whether your new idea becomes a success or failure, you want to maintain your priorities realizing that having faith and family will last forever and your awesome new idea will not give you true fulfillment long term.”

Jon Sumroy, creator of mifold

“It’s never easy being an entrepreneur – bringing something new to the world. But there are two huge myths that make people think being a ‘daddy entrepreneur’ is particularly hard: the myths that only young entrepreneurs can succeed and that being a “daddy entrepreneur” requires life/work balance. To combat these myths I suggest: be a good entrepreneur (do your research!), merge life and work, commit to the very important things, bring your kids with you to business activities, and create kiddie entrepreneurs.”

Gregory Schern, Founder of Ogden Made

“My success is wholly dependent upon my family’s support – any success at being a ‘dad entrepreneur’ relies upon understanding that long days, and extended periods away from home are not possible without a great family support network. The best way for that to happen is involve them in the big ideas and let them come to work, meet the team, and share the success. Also, time management is the toughest battle – and don’t forget that your employees and team members have families, too!”

#DadEntrepreneurs

The American Genius is news, insights, tools, and inspiration for business owners and professionals. AG condenses information on technology, business, social media, startups, economics and more, so you don’t have to.

Business Entrepreneur

Talking entrepreneurship and sextech with Liz Klinger [INTERVIEW]

(BUSINESS ENTREPRENEUR) A conversation about entrepreneurship and sextech with female entrepreneur Liz Klinger, CEO of Lioness, the FitBit for your sex bits.

Published

on

Lioness app, the first of its kind in the sextech entrepreneurship world.

“We had this observation that a lot of people had questions about sex, but there weren’t many resources for them”, said Liz Klinger, Co-Founder and CEO of Lioness, the smart vibrator and app brand that helps you visualize, track and analyze your orgasms. “We wanted to have a way for people to explore and learn more about themselves, because there is not a ‘one size fits all’ answer to questions about pleasure.”

Klinger has always had an interest in sex. After a brief stint in investment banking, she began selling sex toys at various “parties” where, she describes, someone would always come up to her after the presentation and ask her in-depth questions that she had no idea how to answer. At least I’m not the only one obsessed with this stuff, she remembers thinking.

The idea for Lioness came from AI – sex toys can be hard to use, complicated, or just plain intimidating. So, what if there was a toy that adjusted you and what your body wanted?

After a bit of prototyping and collecting feedback, it was clear to Klinger what her users wanted: Data. People wanted to see what their bodies did and use that data to better understand themselves.

The Lioness vibrator and accompanying app does just that. By using biofeedback and precision sensors to visualize your orgasm via the app, users can easily track their experiences. When you try something new, you can see how your body reacts to it.

But Lioness isn’t just a vibrator.

Last year, the company launched a research platform where users can choose to participate in medical or scientific studies, as well as ask those questions we all have about sex. Additionally, the Lioness site provides many “Sex Guides” for users; the thorough, no-nonsense sex-ed we wish we had growing up. This is Klinger’s dream come to life.

More recently, Lioness is launching “(S)explore” – a premium version of their existing Sex Guides to tackle the less popular, more personal questions users have. This feature is set to launch on Black Friday.

By 2021, Lioness hopes to release a remote-control distance feature for the vibrator (gasp!). There will also be a 2.0 update for the app, in which users will be able to access new visual experiences, such as a heatmap that adds pigmentation to your most pleasurably moments (here for it 100%).

When asked about how COVID-19 has impacted her business, Klinger was happy to tell me that Lioness and other ecommerce companies in the field are going strong, largely unaffected by the nation’s stunted market. If there was ever a time to experiment with pleasure, it’s during lock down, right?

Unfortunately, many other brick and mortar sex shops, like the ones Klinger got her start doing sales for, are suffering during this time – much of the adult market didn’t qualify for PPP loans.

I know I’m not alone when I say that I love seeing women like Klinger fighting the good fight by paving the largely untouched way in SexTech. Lioness is radical in the sense that it takes something so internal and pleasure-based (and, unfortunately, overlooked) as the female orgasm and externalizes it. By using data and tech, Lioness, in a way, validates an experience that is so foreign to so many of us.

There’s a reason there are a million and one fertility trackers, but Lioness is the first of its kind.

When I asked for her words of wisdom as CEO in SexTech, Klinger told me:

“If you’re a woman, or someone who isn’t the typical start up person, it’s important to focus on your customers first, above all. You’ll get all this different advice and feedback from investors and people in the industry but at the end of the day you have to focus on your customers and what need are you fulfilling for them. If you focus on that, no matter how difficult the business side of it will be, that is how you will stay afloat.”

It seems like 2021 will be a big, exciting year for Lioness. I’d also like to add that the potential uses of the Lioness technology outside of recreational pleasure are endless – I just can’t wait to see what they come up with next.

Continue Reading

Business Entrepreneur

If you’re an employer, don’t hire without knowing about these hidden traits

(BUSINESS ENTREPRENEUR) A candidate can look great on paper, but if you’re an employer, research shows you should look for these personality traits alongside their qualifications.

Published

on

Employer look at a hiring candidate, seated across from each other while one takes notes.

We all know that one person who’s a genius on paper, but a total wash when it comes to completing basic tasks. As an employer, sometimes someone high achieving can be tougher than simply spotting a high GPA on their resume.

In new research from the journal Personality and Individual Differences, Thomas Gatzka of the University of Applied Sciences Northwestern Switzerland (FHNW) tackles the question of what personality traits are associated with achievement. What Gatzka and his team came up with are two traits – openness and conscientiousness – with two additional sub-components.

The sub-dimensions of openness are:

  • Senso-aesthetic openness: The preference for sensory and perceptual exploration and immersion in art, creativity, and imagination. This is pretty self-explanatory – if they are artistically-inclined, or take interest in the arts in any way, they are statistically more likely to be high-achieving.
  • Intellectual openness: The preference for intellectual stimulation, scholastic pursuits, and cognitive stimulation. Think: that person who is always reading, watching, discussing, and asking you to share your opinion so they can absorb as much as possible. This person is chronically curious.

For conscientiousness, the sub-dimensions are:

  • Orderliness: The preference for routines, deliberation, and detail-orientation. They keep a tidy calendar and map out their days for the utmost optimization. People with this trait will remember specifics and can be relied upon in team settings.
  • Industriousness: The tendency to stay focused and to pursue goals in a determined way. As the word implies, those who are industrious are constantly making moves. They have a high threshold for work, and they stay focused until their goals are complete. You want this person working for you, especially in a startup setting.

It’s interesting to note that the latter two components—intellectual openness and industriousness—were typically associated with slightly higher levels of achievement than senso-aesthetic openness and orderliness.

What does that mean? Well, if you’re an employer truly looking to build a robust team of super-achievers, skip over the artsy interviewee with the color-coded organizer. They’re only high-ish achieving.

This is not only useful information for hiring managers, but also for those of us who want to become higher achievers — who want to be hired. You might not be naturally curious or goal-oriented, but that’s okay. You can 100% take actions to promote those traits in your day to day to show a future employer.

Read more. Set little, attainable goals for your day. Become intentionally over-organized. Professional development is one thing, but fortifying your personality traits to promote achievement can help you in the long run.

Continue Reading

Business Entrepreneur

Is gifting an entrepreneur a website like gifting motivation, or anxiety?

(BUSINESS ENTREPRENEUR) Is a website really the only thing stopping someone from starting their own business? Are there entrepreneurs who simply need a push to start their own thriving empire? Let’s find out.

Published

on

Website design open on dual monitors for an entrepreneur.

Being an entrepreneur is arguably the highest form of self motivation someone could have – the drive to build out your own business, deliver a product or service that you know is in demand, and ultimately secure profits. It’s something that is discussed over and over and over.

It’s the holiday season, and Exchange Marketplace is making the rather surprising argument that you could gift someone a business. Their pitch states that they provide some ebooks, Shopfy credit, and some other starter materials, and promises that you could pay as little as $50 to jumpstart a brand new career.

Looking around at their site, it’s essentially a list of companies that their respective owners are willing to sell. They provide some data (someone who is more familiar with this stuff could parse it better than I can) such as revenue, profits, average number of hours worked, and so on. I’m going to assume the legal side of things are all in place, and other considerations are handled.

But my question here is – who is this truly for? And what message are you sending when you surprise someone with a website and start telling them it’s time to get to work, better learn fast before your entrepreneur business fails?

The logistics alone are mind boggling – where is the base of operations, knowledge of an industry, obtaining inventory, knowing which suppliers are involved, will language barriers be a problem, contacts, the quality of the product or service, etc. I’m not a business person by any means, so maybe I’m overstating the difficulty here, but it just seems like you’re opening the door to a literal galaxy of unknowns on the part of the entrepreneur that would require immediate understanding and action.

Look, gift certificates are sort of a bad gift – you restrict where money can be used, and it’s usually not enough to cover a full purchase, and that requires you (the receiver) to cover the remaining cost. Giving someone a car (despite all the slick commercials with celebrities) is even worse; setting aside the tiny chance someone pays off the vehicle entirely, you’re still leaving someone with increased insurance rates, future maintenance, and other costs. Even a new pet – while adorable – might arguably be the worst possible gift, as someone shovels responsibility for life itself onto an unsuspecting person.

(Before I continue, please feel free to buy me a car and fill it with puppies wearing Amazon gift card suits.)

I’m being a little unfair in the above scenarios, because there is definitely an audience for each. The problem is that each option requires some amount of work and thought by the receiver, and putting the onus on them to fully realize the gift can be daunting.

So maybe the better way to describe this is that these situations are a bit niche in their efficacy – that there’s a smaller number of people who are actively able to accept a gift that requires additional work.

Gifting a business, then, could be seen as something negative – “I think you need to work harder.” And that carries a rather heavy payload of consequences, thoughts, and considerations. Maybe you aren’t outright calling someone out as lazy, but that implication is easily arrived at if someone is blindsided. At the least, you are saying I need you to do something.

Surely, there are people who represent the targeted audience, and it would suggest that they already have business training/education, considerable free time, access to investment, and enough drive and motivation to eagerly begin an entirely new chapter in life as an entrepreneur. But that has to be a small group of people, and even fewer so when you consider those who would be successful at it, and would actually want to undertake such a massive task.

Beyond all of this, I have to question a number of things, and they are all centered around how trustworthy all of this might be. My only interaction with anything remotely close to this subject is watching episodes of Shark Tank, and I know that the panel there would meticulously go over a LOT of things before even offering to buy a percentage of a business. Purchasing the entire thing seems volatile and full of risk; who wants to negotiate all of that?

Maybe it is simply that I am not the type of person who would deal with that amount of uncertainty willingly. I am very much a look-before-I-leap type person, and the thought of being handed a potential money making an entrepreneur enterprise when I have no insight into it beforehand is completely terrifying.

I’d need to prove to the gift giver that their faith in me was valid, to say nothing of whatever audience already exists. But I’d have literally no idea where to start on all of this; the numbers on businesses failing is scary enough.

In a way, I applaud the idea of businesses being fluid enough to become commodities themselves. I just question how easily this sort of marketplace could mask true costs, exaggerate profits, and seemingly hide all sorts of disturbing, unpleasant details. And then taking all of that and gifting it to someone? What a wild ride.

Continue Reading

Our Great Partners

The
American Genius
news neatly in your inbox

Subscribe to our mailing list for news sent straight to your email inbox.

Emerging Stories

Get The American Genius
neatly in your inbox

Subscribe to get business and tech updates, breaking stories, and more!