Whose Watching The Chiren aka Children? Better Yet, Whose Bailing Out Main street?
As a working parent – finding the right child care can be one of the most overwhelming decisions. I remember when my daughter was first born and later my son. I must have called and visited a “gazillion” homes, centers and the likes to find the best place to leave my children while I was at work. I knew I had been “mommie-tracked” (corporate lingo parental glass ceiling) when due to a childcare emergency, I had to walk into my office – suit, briefcase, and my 9 month old (at the time) in tow. The horrified look on the faces of the single women and executives was enough to make me wonder if I should get my tubes tied – no, really! Needless to say that two kids later, several start-ups, a couple of un-fulfilling jobs – and 13 years later, I would not trade parenthood for ANYTHING!
During my transition, I have had to incur sick days, late days, professional hiatus and the like on behalf of my dear children. During “work breaks” my household has had to figure out how to survive on one income and believe was not easy! One income you say?? Yep – I said it because either I could not find decent childcare or the cost of paying someone to take care of the kids was equivalent to or exceeded my personal income. So, today in these tough economic times when parents are making daycare choices daily – all I can say is do the math -really do the math. If two people are working, evaluate the “opportunity cost” – once you factor in dry cleaning, gas, lunches, before/after and during care, take-out dinners, etc, how much do you end up taking home? This recent article from YAHOO NEWS really illustrates the hard choices parents have and continue to make ESPECIALLY during these times – so know that you’re not alone!
So, here’s my take on it – if a part-time job, staying home to take care of the kids or working from home adds up to the same as going to work (after expenses), it might be time to explore Entrepreneurial Parenthood. Hey, just think about it – at the end of the year, instead of paying taxes to work, Uncle Sam might just be paying you to be an independent business owner. Perhaps, this could be part of the bailout plan for Main street? After all, I’m pretty sure EVERYONE out there has a bankable skill they can turn into an innovative new business – right? Not sure what your talent is? Think about what you do better than ANYONE else, ’cause everybody says so!
Finally, if you are a single parent or can’t afford to pursue that business full-time, just go ahead and get it set up-moonlight a bit and start earning some extra money from your hidden talents. Who knows-sooner or later, you just might be able to “raise a family and career from the same address –” and help resurrect the economy simultaneously!