Nurturing Entrepreneurs: Raising Kids in the Business

Ever wonder how to increase your children's chances of becoming an entrepreneur? Raise them in the family business, according to one study cited by Onstartups, which found that 48% of entrepreneurs grew up in a family business.

Some become entrepreneurs because they’ve seen family members do so successfully. Some don’t so much choose entrepreneurship as it “chooses” them - a serendipitious idea or transition from freelance to a successful business.

Check out this article for a brief summary of the  study’s findings and other valuable lessons learned by entrepreneurs who grew up in a family business.

Jose Hernandez is an associate focusing his practice on business transactions at Davis Wright Tremaine LLP. Jose Hernandez has researched and drafted legal memoranda on topics including intellectual property, corporate governance, and securities law. Contact Jose at JoseHernandez@dwt.com or directly at 206-757-8296.