Page 8 - April 2023 CW Magazine
P. 8

Spousal Buy-In: Is It


                                                    an Essential Need?





                                                    By Buddy Thornton


                                                    You've decided being a housewife or employee is "just not
                                                    enough." You are nearing the starting line for your share of
                                                    entrepreneurship. But, when you tell your husband you are
                                                    taking the business ownership plunge, "You get crickets or
                                                    frowns." Now what?


                                                    In  the  conflict  arena,  lack  of  support  sits  in  or  near  the
                                                    front  row.  When  it's  women  not  supporting  their
                                                    husbands,  most  men  take  a  "take  it  or  leave  it"  stance.
                                                    Nothing  changes  as  long  as  the  bills  get  paid,  and
                                                    significant  life  choices  remain  relatively  normal.  But,  let
                                                    the  woman  seek  ownership  without  spousal  buy-in,  and
                                                    all-out  household  conflict  erupts.  Not  always,  but  how
                                                    many of you can relate to some form of this scenario?


                                                    Let's  explore  some  ways  to  change  the  narrative.
                                                    Communication, usually avoided, minimized, or lacking, is
                                                    dead  center  in  this  story.  Learning  and  using  effective
                                                    communication is a deal-maker between spouses. First, be
                                                    open and direct about your choices and the why. People
                                                    often forget to include honesty, especially about time and
                                                    financial considerations surrounding a new business. Plus,
                                                    sharing,  ego-massaging,  and  how  you  intend  to  handle
                                                    the inevitable mistakes should be explored.

                                                    Men generally want power and prestige as they glide up
                                                    the  pecking  order  of  life;  women  usually  want  security,
                                                    emotional  and  otherwise.  So,  when  you,  a  woman  with
                                                    competency and ambition, shift to entrepreneurship, your
                                                    choice  threatens  your  significant  other's  status  quo,
                                                    psychologically and tangibly. Yes, other factors are in play,
                                                    but  research  shows  this  is  the  primary  reason  a  male
                                                    partner fails to engage in the buy-in process. Organically,
                                                    biology drives an expectation bias.









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