A study from the Journal of Behavioural and Experimental Economics found that life satisfaction notably diminishes when both partners are self-employed
The idea of being your own boss is undoubtedly romantic. You set your own hours, pursue your passion and potentially earn more than in a traditional job. But newis shedding some light on what many entrepreneurs already know: it can also exact a heavy toll on your partner’s well-being.
Conversations at dinner become dominated by business talk, and financial worries begin to overshadow the relationship. The non-entrepreneurial partner might feel isolated, bearing the emotional load of maintaining the relationship while their partner’s mind is perpetually occupied with business concerns.
Of course, there are many households where the relationship thrives, independent of how the business is doing, though I suspect also having a thriving business improves the odds. Still, self-employment in Canada has been on a downward trend for the last 25 years, and perhaps navigating the difficulty of running a small business and its impact on personal lives is a factor. An RBCdeclared that “Entrepreneurship is becoming less enticing for Canadians” and noted that the self-employment rate has dropped from over 17 per cent in the late 1990s to 13.1 per cent in 2023.
Partner Life Stress Job Relationship Research Cent RBC Canada Preet Banerjee
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