Entrepreneurs are often terrified of having kids because they think their companies would fail. After all, you will need to put in a lot of hours in order for your business to succeed. Nevertheless, this doesn’t mean you wouldn’t have enough time for raising children. Of course, you’ll have to come up with a good plan on how you’re going to manage a pregnancy and a business. Here are some things you should have in mind.
Start Your Business before Giving Birth
In order to ensure your company doesn’t fail, it’s recommended you create a stable business before having a baby. Keep in mind that you’ll have to dedicate a huge amount of time in the first few years in order for your business to take off. When you manage to build a strong client base, you won’t have to worry about your company’s future anymore. Ideally, your business should be running at least three years before you have a child.
One of the most important things to do if you’re thinking about having kids is to get your finances in order. If you don’t, you may end up struggling as both a parent and an entrepreneur. Therefore, you’ll have to do research and figure out exactly how much money you’ll need to cover all of your needs during pregnancy and several months after your baby is born. Note that you’ll also need an emergency fund prepared in case of unforeseen expenses.
It goes without saying that your business should be stable before you attempt to conceive a child. Make sure you also do necessary medical tests to see whether you’ll need to pay for any additional procedures like in vitro fertilization (IVF). This treatment is used to assist with the conception of a child for women why have fertility or genetic problems. In case you’re wondering how much does an IVF cost, you may be shocked to find out it can be between $12,000 and $15,000. This can be a huge expense, which is exactly why an emergency fund can come in useful.
Tell Your Clients
There is no need to worry about clients dropping you when they hear you’re having a baby. As long as you have a good relationship with them, they’ll surely be supportive. However, you should come up with a detailed plan for handling your maternity leave and present it to your clients. Make sure they’ll be in good hands even though you won’t be at work for a while. Let your clients know you’re completely prepared to handle the situation.
It’s worth noting that you should never blame any mistakes you make on your pregnancy. Remember that the best thing you can do for your business is let them know you’re completely focused on your work.
Make a Maternity Leave Plan
Know that your business will have to run without you there in the first few months after you give birth. This is why it’s important to create a maternity leave plan. Start by writing down everything that will need to be done. After doing this, you can start assigning individual tasks to employees. This is also a good time to prioritize your upcoming project. Since you won’t be able to work for a while, you should currently focus only on the most important tasks. If you determine you won’t have time for certain less-important projects, you can simply delegate them to your employees.
Make Adjustments in Your Work Routine
You’re bound to get tired more often during pregnancy. You shouldn’t beat yourself up over it since it’s completely normal. Instead of worrying about whether you’ll be able to get all of your work done in time, you should make adjustments in your work routine. Remember that you won’t be able to spend as much time at the office as you used to. This means that you’ll also have to distribute a portion of your work among certain employees.