I’ve been on this entrepreneurial journey for about six years now. Though the last business I had didn’t go well, I’m still keen to get my product and services out in the public. This year, I have a very special project that I’ve been planning over the past six months. I also have the capital to support the introductory phases of the business.
‘Do I use my spare cash for the business, which has long-term benefit and good returns, or do I focus on providing for my family and my parents?’ Meanwhile, as the first-born, I’m torn with this family responsibility of having to “save” my parents from poverty. From rent and other expenses, I feel like I should lighten their burden. Nobody else will. Even the college debt of my sibling falls onto me. If we moved out, we would be comfortable and have food on the table.
Hold a family meeting with your sibling, and talk about the division of familial responsibility. What can each of your afford? What kind of help will your parents need in the years ahead? Hold a family meeting with your sibling, and talk about the division of familial responsibility.
You’ve been a loyal daughter and sister, to a fault. It’s now time to put your husband and child first.
Make your parents work at your business. Boom, problem solved.