As I write this letter I am sitting in my hotel room in Bozeman, Montana looking out over the mountains. I am here for a financial planning conference retreat with a small group of very intentional business owners.
I have had some amazing conversations over the past couple of days with these fellow business owners and have seen an incredible, recurring theme. Many of us would not be where we are today without the unwavering support of our spouse.
Building a business from scratch is daunting on so many levels and the support of a loving spouse is absolutely priceless.
I want you to know Randon that your mother is very much the hero in the story of the financial planning firm we have today. I often refer to her lovingly as my “venture capitalist” when speaking with other business owners.
When I launched the firm in 2012, my income was less than $13,000 for that year! In the second year it was only $17,000! Those numbers are small today and I imagine that by the time you read this in the future, they will seem even smaller. Your mother, Hannah, the love of my life, continued to work at two different employers during those early years that drained her emotionally and that she did not enjoy. We lived very, very simply in order to pay off a large amount of student loan debt in those early years as well.
It brings tears to my eyes as I think of how your mother never wavered during this time in her support of my dream to build the business so that she would be able to stay home with you when you arrived, and so that I would have the flexibility of time to be with you both very often.
Every year, we do a planning retreat getaway to talk about our goals and what we want our lives to be about. I still remember a planning retreat in one of those early years when we were staying in a small cabin in Central Oregon and realized that your mother would likely need to work a year longer because the business was not building as fast as I hoped. There were a lot of tears between us and I felt incredibly low that I wasn’t holding up my end of the bargain.
Your mother never wavered. Her immovable support was inspiring! It pushed me forward and that next year the firm began to gain real traction and your mother was able to quit her job well before you arrived in order to be home full-time, which was a deep desire for us both.
I don’t really have words to describe what the support of your mother meant to me in those early years. I don’t really know why she had such faith in me, but it made ALL the difference. I thought, “she is really smart, and if she thinks I can do it, then I must be able to!” The next years were years of excellent growth for the firm, which is now in a wonderful place with a waiting list for clients, thanks to your mother.
As you grow into the man you will become, never underestimate the value of your spouse as an unwavering partner in time of need. I have learned so much from your mother on what it means to walk alongside someone in pursuit of something wonderful, even through the low times.