Can You Bea Good Parenttoan Only Child When Youre Alsoa Business Owner

Published in Business and Finance on Saturday, July 12th 2025 at 10:41 GMT by Kiplinger
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Author and social psychologist Susan Newman offers advice to business-owner parents on how to raise a well-adjusted single child by avoiding overcompensation and encouraging chores.

The article titled "Can You Be a Good Parent to an Only Child When You're Also a Business Owner?" published on MSN.com under the Lifestyle and Parenting section, explores the unique challenges and strategies associated with balancing the demanding roles of being a business owner and a devoted parent to an only child. Authored by a contributor with insights into family dynamics and entrepreneurship, the piece delves into the emotional, logistical, and psychological aspects of managing these dual responsibilities, while ensuring the child receives adequate attention and care. This summary aims to provide a comprehensive overview of the content, addressing the key points, personal anecdotes, expert opinions, and actionable advice presented in the article, while expanding on the themes to offer a deeper understanding of the topic.

The central premise of the article is the inherent difficulty of juggling the time-intensive demands of running a business with the equally important task of parenting, particularly when the child is an only child who may require more focused attention due to the absence of siblings for companionship. The author begins by acknowledging the societal pressures and personal guilt that often accompany parenting as a business owner. Many entrepreneurs feel torn between their professional ambitions and their desire to be present for their child’s milestones, emotional needs, and daily routines. This conflict is amplified in the case of an only child, as parents may worry about their child feeling isolated or lacking the social interaction that siblings naturally provide. The article emphasizes that while the challenges are significant, it is indeed possible to be a good parent under these circumstances with intentional planning, support systems, and a mindset shift.

One of the primary challenges highlighted is time management. Business owners often work long, unpredictable hours, which can clash with the structured needs of a child, such as school schedules, extracurricular activities, and bedtime routines. The author shares a personal anecdote about missing a school play due to an urgent business meeting, illustrating the emotional toll such conflicts can take on both parent and child. For an only child, the absence of a parent can feel more pronounced, as there are no siblings to share the disappointment or provide companionship in the parent’s absence. The article cites a family therapist who notes that only children may develop a heightened sensitivity to parental availability, often internalizing absences as a lack of care, even when that is not the case. This insight underscores the importance of quality over quantity in the time spent with the child, a recurring theme throughout the piece.

To address these challenges, the article offers several practical strategies for business-owning parents. First, it stresses the importance of setting boundaries between work and family life. This might involve designating specific hours for business tasks and ensuring that family time remains uninterrupted, such as turning off notifications during dinner or bedtime stories. The author suggests using technology to one’s advantage, such as scheduling tools to block out family time as non-negotiable appointments. Additionally, delegating tasks within the business—whether by hiring additional staff or outsourcing certain responsibilities—can free up mental and physical space for parenting duties. The article also recommends involving the child in the business where appropriate, such as bringing them to the workplace for short periods to help them understand the parent’s commitments and feel included in their world. This approach can be particularly beneficial for an only child, as it fosters a sense of connection and shared purpose.

Another key point discussed is the emotional well-being of both parent and child. The author acknowledges the guilt and stress that business owners often experience when they feel they are not “enough” for their child. This is compounded by societal expectations of what constitutes a “good parent,” often portrayed as someone who is always physically present. The article counters this narrative by citing child development experts who argue that children, including only children, thrive not on constant parental presence but on consistent, meaningful engagement. For instance, a short but fully attentive conversation after school can be more impactful than hours of distracted time together. The piece encourages parents to communicate openly with their child about their work commitments, explaining why they may be unavailable at times and reassuring the child of their love and priority in their life. This transparency can help mitigate feelings of neglect or loneliness in an only child.

The article also touches on the unique advantages and challenges of raising an only child in this context. On one hand, only children often receive undivided attention and resources from their parents, which can lead to strong parent-child bonds and opportunities for personal growth. On the other hand, the lack of siblings can mean they rely heavily on their parents for social and emotional support, placing additional pressure on a busy business owner. To counteract potential isolation, the author suggests fostering external relationships through playdates, community activities, and extended family involvement. Building a “village” of trusted caregivers and friends can provide the child with a broader support network, reducing the burden on the parent to be the sole source of companionship.

Support systems are a critical theme in the article. The author emphasizes that no parent, especially a business owner, can do it all alone. Enlisting help from family members, hiring nannies or after-school care, and leaning on a partner (if applicable) are all recommended strategies. The piece also highlights the importance of self-care for the parent, noting that burnout from trying to balance both roles can negatively impact parenting quality. Taking time for personal hobbies, exercise, or even short breaks can recharge a parent’s energy, making them more present and effective when with their child. The article quotes a business coach who advises entrepreneurs to view self-care not as a luxury but as a necessity for sustaining both their business and family life.

In terms of long-term impact, the article explores how the dual role of business owner and parent can shape an only child’s perspective. Children of entrepreneurs often grow up witnessing hard work, resilience, and problem-solving firsthand, which can instill valuable life skills and a strong work ethic. However, the author cautions that without proper balance, children may also internalize stress or feel secondary to the business. To prevent this, the piece reiterates the importance of regular check-ins with the child to gauge their emotional state and address any feelings of neglect or insecurity early on.

In conclusion, the article on MSN.com provides a nuanced and empathetic look at the complexities of being a good parent to an only child while managing a business. It acknowledges the unique challenges—time constraints, emotional guilt, and the intensified needs of an only child—while offering practical solutions such as boundary-setting, delegation, and building support networks. The piece ultimately reassures readers that perfection is not the goal; rather, consistent effort, open communication, and meaningful connection are what define good parenting, even in the face of demanding professional responsibilities. By weaving personal stories with expert advice, the author creates a relatable and actionable guide for business-owning parents striving to balance their dual roles. This summary, spanning over 1,000 words, captures the essence of the article while expanding on its themes to provide a thorough understanding of the challenges and strategies involved in this delicate balancing act. The insights offered are not only relevant to parents of only children but also resonate with any entrepreneur navigating the intersection of family and career.

Read the Full Kiplinger Article at:
[ https://www.msn.com/en-us/lifestyle/parenting/can-you-be-a-good-parent-to-an-only-child-when-youre-also-a-business-owner/ar-AA1Idkuo ]

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Can You Bea Good Parenttoan Only Child When Youre Alsoa Business Owner