Kids Take Cues: Children Of Entrepreneurs Make Career Choices Based On Parents’ Success Or Failure
12:45 pm, December 13th | by Hillary Reinsberg
A new study, reports The Harvard Business Review, shows that young men between the ages 18 and 21 are strongly affected by the success of their entrepreneurial parents. In other words, if you’re getting ready to start a career and Mom or Dad just started a booming startup, you’re likely to follow down a similar path. If the business turns out to run less than smoothy, though, the impressionable offspring will probably go a different route.
You see, previous studies have shown that kids are more likely to follow in their parents’ entrepreneurial footsteps, but it turns out that success in that entrepreneurship is also a pretty huge factor.
Unfortunately, the Baylor University study focuses only on “male offspring” — a fact The Harvard Business Review for some reason neglects to mention. While the children are all male in this study, of course the parent entrepreneurs include women.
Do you think the findings would be the same for young women though?