Single Dad Entrepreneurs? Better than 9-5?
13 Sept 2021 · 29 min
Season 2, Episode 2 of the "Single Dads" podcast (hosts Francisco Javier Ortega and Scott) discusses why single dads might consider entrepreneurship: flexible schedules to care for children, financial opportunity (side hustles, long-term wealth), and modeling ambition for kids. They stress fear and heavy existing demands as barriers, highlight mentorship as essential to avoid costly mistakes, and share personal anecdotes (upgraded audio, a teen earning from crypto mining, a Jordan Peterson quote about responsibility) to motivate listeners.
Chapters
Foreign.
Welcome back to the Single Dads podcast, man. This is season two. This is episode two. Genuinely, genuinely excited. I'm so honestly grateful for everybody that's following us right now. It's. It's been really cool, right, bro?
Great. Grateful is an understatement.
Yeah, it's been. It's been amazing, man. You guys are just so supportive. Obviously, we wanted to start this podcast with a greater vision just to really, really not just up the conversation about single dads, but talk about things that genuinely are important to us and that I feel we. We. We think about every single day and hopefully add some value and have some good. Some good times while we do it. Hopefully you guys enjoyed the last episode. The matchmaking episode with. That was pretty cool. It was a little bit different, right?
Yeah, it was definitely different. Obviously first female guest we've had on and actually only second guess.
Yes.
But, yeah, she was great and brought some different perspective to the show, which was cool and I hope the listeners enjoyed it.
Yeah. And if you guys can't tell, our audio is way better.
Isn't it, though? So we upgraded our. Our podcast studio. Hope you like it.
It's. It's pretty awesome. Not gonna lie, guys. Feel really cool with a sure microphone. Not. I'm not gonna lie and the headset. But what we wanted to talk about today, and I think it's really worth mentioning for a couple different reasons. We want to talk about single dads being entreprene.
Role, AKA dadpreneurs.
Yeah, I like that. Dadpreneurs. Dadpreneurs. And we wanted to talk about it because multiple different reasons. And so, Scott, I'll let you name off just a couple of them and then I'll add some on of my own as well.
Name off a couple of reasons why.
We wanted to talk about why this is important.
Well, being a single dad, I guess the, you know, your whole work life balance and life being you're, you know, with your child or children as a single dad is super, super difficult. Having been an entrepreneur my entire career, I literally can't imagine having to be like, literally, like go to an office or say, maybe you sell cars, right?
Yeah.
And you work five, six days a week, bell to bell. And you know that I. I don't see. If you're a single dad and you do that, God bless you. I have no idea how you would do that for real. But to my point, it's extremely difficult to have like, set hours to be in an office. Right. And, you know, if you're. If your Child or children are sick or. And you don't have the support, like, for me, I don't have any support from family or a significant other to, you know, do anything as far as, like, picking my kid up if he's sick or gets in a fight, which has happened. But, you know, it's just like. I think a big thing is, you know, the whole pandemic has created almost. It's created more opportunity for single parents in general.
Yeah.
To become entrepreneurs or work remotely, depending obviously what industry you're in. But it's just. It's opened a lot of doors. Right now is literally probably the best time for single dads to step up. If you want to be an entrepreneur, now is the time. Because there are. It's like going to an office from eight to six or whatever, Monday through Friday or whatever, you know, five, six days a week, I think, has become a thing of the past for so many industries.
Yeah.
At least, though, you know, and if.
It hasn't, it should.
Yeah. I mean. I mean, a lot of. A lot of people are demanding it and companies need to. They have to be staffed and.
Yeah.
You know, now that, like, people got used to working from home, working remotely, you know, they're like making the businesses allow them to do it at least part time.
Yeah.
So anyway, I didn't want to get off topic, but, you know, just to. On the subject of dads being entrepreneurs, single dads being entrepreneurs, you know, now. Now is the time to step it up and. Yeah, I'd like to maybe discuss why dads don't or. Or won't or haven't.
Yeah. Yeah, I want to talk about that too, really quickly. I do want to mention, though, that one of the reasons why. I truly do believe that.
If you.
Have an idea and you've wanted to pursue it. Right. Because entrepreneurship is not for everyone because it kind of is that car salesman grind for a little bit, and then you can start freeing yourself up, but you're in control. You're in control if you want that grind or if you don't, which is the great thing. But I think the reason is because it opens you up to genuine freedom, to where you can create your own schedule, spend time with your kids. Like, nine to five is great. Whatever. If you love that, that's awesome. For a while there, I was at a 9 to 5 and I wanted a 9 to 5. If I'm being honest, sometimes it still sounds great because of the security. But then I think, man, if my little girl has something, I have to go and request time off that might not get approved. Because that happens quite often for people where you just can't get covered. You can't get this, you can't get approval for whatever it is. And so to me, honestly, the, the number one reason why I personally believe in entrepreneurship is because you have the opportunity to create a sense of freedom.
And intertwine your work with your parenting.
Yes, A hundred, like you can do it. And people working remote right now, like, you can look at that as a way of entrepreneurship because you're working remote, which means you are complete control of how quick you get your work done or how you let it drag. Right. And then you're at home. So guess what? If you get your work done fast, you can start something else up to make a little bit extra cash flow. For my second reason, money. You want to like the way things are going right now in the world. Like you got, you have to be in control of your money. I'm, I'm not going to be getting taxed 60% and all those crazy, like, I'm not going to be doing all that and I'm not going to put my money into all these other things that I don't have control over. And so immediately starting to say, hey, you know what, I want to make sure that I have something that passed down onto my kids. Like the episode we talked about setting up our kids for success, it's like, and we're setting them up for life. It's like, hey, do something now that can create. Or even if you just want to create extra fun times with your kid, but you're on a budget, but you're working from home, you got extra time. Do something a little bit extra, you know, like there's a lot of reasons why you should explore having at least a side hustle.
And you know what? I actually, you just made me think of this. But two days ago I saw on the news like this 14 year old teenage kid, which is about my son's age, who just turned 15 and he was, he, I guess I'm sure his, his dad or parents helped him, but they invested in some equipment and they were mining Ethereum.
Oh yeah, yeah.
And had made in two months like 36, 37K.
No, they make 32,000amonth. I saw that.
Okay, well whatever.
It's crazy.
Less their investment, blah, blah, blah, blah, blah. But my whole point is I shared that with my son and, and I'm like, you know, you're 15. There are kids your age that are teaching themselves or at least Showing enough interest so their parents can help them learn how to do things like that. And so that's one thing that I had to sit down and I was like, look, if you can come up with something and demonstrate that you have some knowledge and you've shown that you've done your homework on it and you have a plan that you can come and present to me. Because he said, you know, you know what he said to me when I told him about it? He was like, well, yeah, they had to buy because I mentioned like game cards or something. He's like, yeah, well, those things are expensive. And I'm like, well, guess what? If that's your only excuse, yeah, I'll buy them.
Yeah, I'll kill that excuse really quick.
So I just told him I was my hope, you know, I'm encouraging him like, hey, if you want to make potentially 30 something thousand dollars a month, you know, 14 year olds are out there doing it. This isn't the only one. It was just local news. So come to me and say, hey, dad, I think, I think I can make this happen. And let's talk about it. Show me that you have the desire and ability. I'm just trying to like plant seeds in his head because I'm like, dude, in a year from now you're going to want to drive a car. If you think I'm going to buy you a car that's badass and you're going to roll around, dude. You're not going to have money to put in the gas tank.
Yeah.
And I'm like, you may not think about it right now, but trust me, you will. And the amount of money in your savings account is like under $1,000 right now. So look, your car's not looking pretty cool at this point. So I'm just trying to like instill, hey, man, get on YouTube or get inspired. And that's why I shared it with him. I wanted to inspire him to say, you know, if there, there are kids younger than you making this happen, why can't you.
Yeah, dude, I heard it's funny and I'm going to tie this in together, but it's not funny. It's great. I was on Tik Tok the other day. Do you know who Jordan Peterson is? You heard of Jordan Peterson?
I have not.
Okay, I'm going to send you some of the stuff. You can listen to him. If you guys haven't heard of Jordan Peterson, he is phenomenal. Phenomenal. Phenomenal, dude. But he was talking about. It was one quote and he Was giving it in a lecture or in a motivational speech. Whatever it is that he was speaking at, he was giving it. And all it was was this. It said, the reality is you never grow up until somebody else is more important than yourself, period. Which means that tied into, like, what you were telling your kid, when he gets a girl, when somebody else becomes more important than himself, he's gonna be like, hey, dad, how can I make $32,000 a month?
Exactly.
And then tying that in with single dads, right? It's like, we've got to be honest with ourselves. Are we the most important person to ourselves right now or is our kid? Because if our kid is. You will take chances like you've never taken before. You will take risks like you've never taken before. And you. You will take. I will take a beating for my little girl. If I'm being honest. That's why I started training jiu jitsu and muay Thai, because I was like, no one's ever going to beat me up in front of my daughter. And my family will always be secure. They were more important for me. So a beating and learned how to give a beating, right? You will go through whatever it is that you have to go through as soon as somebody else becomes more important than yourself. And we can't answer that for anyone. I can't answer that for you. You can't answer that for me. Only I know, right? And I think people will see that in our lives. When they see the sacrifices, when they see the risks, when they see the chances that you've taken, when they've seen the ups and downs, they're going to say, this dude is pursuing something. What. What is driving him and your why could be your kid, but as long as it's yourself. I don't know if. I don't know if anybody will ever do something great for themselves, man.
What? Deep slash valid, man.
Told you Jordan Peterson's good.
Oh, I forgot that wasn't from you. That was from somebody else.
Well, the one quote was. But everything else that it took away, that was me. 100% me. Give me that credit.
I noticed you have two glasses of there. One's water and one.
Oh, this one is whiskey. It's rye whiskey. I forgot the brand. And Red Bull. Just a little pick me up for. For the show.
Interesting.
Yeah.
Drinking the same thing. Yeah. And I don't have a water chaser, though.
Hydration, bro. And if you guys haven't noticed, we do have merch now. So go click on the link in our Instagram bio, Grab yourself a single dad's mug, and you can pour coffee, you can pour whatever the heck you want, and it drinks the same.
Yeah, the merchandise page is new. I actually just ordered us a couple of mugs. So we'll be able to hide what we're drinking. Don't we really give a.
But. Yeah, so that's what I think. I think that as soon as somebody else becomes more important to you, that's when we grow up. And not just grow up, but I think that's where we begin to experience consistent growth.
Yeah. And you're right. And to, I guess, to your point, like, I Wish I had $20,000 sitting around, but if my son came to me and said with something like legitimate, that needed an investment of $5,000 or $8,000, which, you know, I don't really have sitting around, I would find it. I would figure out how to, you know, get that. That extra money to. Yeah, because there's no way I would pass up the opportunity. If my kid came to me and said, hey, dad, I've got this idea, and I, I mean, that's at his age, I would find a way to allow him to press forward with it if it made sense. Of course, you know, if. If it was a lot of money, I'd find a way to, like, you know, steer him in a different direction. But, you know, I. But to your point, I literally, I would do anything because to me, that is so important right now, even. Well, obviously I have to make enough money to support us and put food on the table, but I. I would figure out how to give, you know, get him what he needs to, if. If he wanted to pursue something and, yeah. Entrepreneurial. So tying that back into, you know, dads or dadpreneurs, I don't really like that term, to be honest, but entrepreneurs, as single dads, like, be an example and. Because I don't think you're going to see your kid try and, you know, they kind of. They see what you're doing and they kind of become that. So if you're working a job, making $35,000 a year and you're content, you know, that's really not setting the example for your kid or children that, in my opinion. This is just my opinion.
Yeah.
That I'd want to set for mine anyway, because at this day and age, there's so many ways to make money and so many. I mean, there's. Whether it's gaming or mining cryptocurrencies or investing in NFTs or whatever. There's so many things going on and so many kids doing things. As a parent, you have to be an example or they're never gonna like, light bulbs aren't gonna go off in kids heads. I mean, maybe. Yeah, you know, on that 1%. But I mean, be an example for your kids.
Yeah. And I, I recognize, right. I recognize that there's a lot of single dads out here. And I, I was in the same boat where. And I still am. I think we all are. Where you're, you're literally in the mentality of like, man, I am trying everything I can right now. And the stresses of the world are so heavy that if I try and add one more thing, I don't know what I'm going to do. Because guess what? Your job demands 100 of you. Your kid demands 100 of you. Your families demand 100 of you. Your friend. It's like everybody wants a hundred percent of you. And you're just like, bro, I, I'm trying. And maybe some of you are saying that right now. Like, man, these guys don't know what they're talking about. Like, no, trust me, I know you're talking about. I know exactly where you're at. It's not just easy to go out and start something else. And I'm not saying that's what you have to do. I'm saying how it benefit. I think that's what we're talking about, how it could genuinely benefit your life. But it is true, you know, like, you guys are pro. There's some, Someone listening right now is doing the same thing that I'm doing, same thing that Scott's doing, same thing that my dad is, did and continues to do, which is you're working your tail off to try and do the best that you possibly can. And maybe the thing that's holding you back is that you're scared. Maybe there's like a little bit of fear there of like taking that chance. And you never know. What if that fear is stemming from what happened in your relationship? And so, and so now you're afraid of getting hurt. And so you're like, man, I don't want to fail again. I don't want to let my kids down.
Right.
And that's a tough place to be in, honestly.
Very, very tough. But you know, there are, there are outlets, there are resources that can help you along that journey. If you decide. I want to be an entrepreneur. And you're a single dad. That's actually what my day job is. I help single dads start Businesses. Manage businesses that they already have started. And I've been an entrepreneur and in sales, Sales management in multiple industries for over 20 years. So it's a passion of mine to help people and. Which is obviously one of the. Or one of, if not the reason. We started this podcast to help single dads and. Because that's what we are. We're single dads and we're entrepreneurs, so. And Frank helps single divorce dads, and that's his day job.
Yeah. And I literally help men get over the pain of their divorce and build a life better than the one they had. And it's a. And it's incredible. Incredible.
It's. There's nothing more rewarding than being able to help people that you're empathetic with, that you've been in there, you've been in their shoes. And I mean, so it's just. It's just awesome that we're. We started this podcast and because of the podcast, we parlayed that into.
Something else aligned with the same passion.
Yeah.
Here's what's crazy, is the pain that I experienced produced purpose in me because I allowed it to. Didn't paralyze me. It actually produced purpose, and now I'm walking in it, and you're doing the same thing. And what I'm. What I want, anybody that's listening to right now is to know that, hey, whatever it is that you're going through, it's like working out. When it starts hurting, it starts working, and it starts growing you and making you stronger. So let's look at all the pain in our life the exact same way. And if fear is holding you back, just recognize the fact that, hey, I might fail, but what if I succeed? And the worst thing that happens if I fail is I start becoming a master in that area. Because guess what? A master is, is a person that's failed over and over and over, more than anybody else, because they've learned more from those failures.
Failures are lessons and nothing more and potential and potentially opportunities. But, you know, I can't tell you how many times I've learned lessons the hard way, the expensive way. And it's made me who I am today. It's made me passionate about helping people and wanting to help people so they don't make the mistakes that I made. If I had the mentorship and guidance that I now offer people, my gosh, my career would be night and day or how things turned out. Not that I'm upset with how things have turned out, because I wouldn't be who I am. But yeah, my point is if there.
Are like, it's like mentorship.
I craved. Craved mentorship. As an entrepreneur, it's lonely. And you don't have that collaboration and you don't have, you know, you're just the person at the top. Or if you're a solopreneur and then.
Add a single dad on top of that. Yeah, as an entrepreneur, it's lonely. You feel like you're the only one doing it. You feel like nobody gets it get to you. You feel like everyone is just wanting something from you, whether that's a job, a paycheck, whatever it is. And as a single dad, guess what? You feel, you feel like it's lonely. You feel like you're the only one that's doing it. Like everything, Everything. And so it's every. Everyone that's listening to right now. You need to have a mentor, period. You need to have somebody that's speaking into your life, whether you want them to speak into your life, relationship wise or business wise or parenting wise, or somebody that you can just go and, and let out all your dirty laundry and be able to have that exit, like that release. You know what I'm saying? Like, you have to have those people in your life because it's like, it's like if I would have tried to learn jiu jitsu by myself, would not be good. It would not be good like on YouTube or something. Yeah. Because when you have a coach instructing you, he can't save you from your mistakes. Just like a mentor, mentor can't save you from your mistakes. But he can say, when you get to this point, this is how you escape, bro. And this is how you try and avoid it the best that you can. Now it's up to you to perform those things. And so everybody needs a mentor.
100% agree. And I coined an acronym during one one of my businesses, ACMs avoidable costs.
You taught me that. Yeah.
Because there were so many avoidable, costly mistakes being made that it was taking up all my time putting out fires. I was ignoring other aspects of the business. And ultimately, guess what it did. It caused my business to fail.
Yeah.
And man, boy, did I learn a ton. And it's, I've, I've built, owned whatever, multiple businesses, that, that one was just a complete bust. And it wasn't because of anything I did. I think I've talked about it before and I won't. I don't want to be a broken record, but, you know, it's just mentorship can Prevent avoidable, costly mistakes. Mentorship can guide you. You know, when there's a fork in the road, mentorship can be a sounding board. Yeah, you know, it's. And you know what? I. I did not have mentorship. And that's another reason I'm so passionate about helping people, because I didn't have that. And had I, I. I just. I know things would have been a lot or efficient. I would have made more money. I would have done so many things differently.
Well, and I want to hit on that. On the parenting side of things, find a freaking kid that's grown up in their 20s, 30s, and you're like, man, that's a great son. That dude is a great example. I want to talk to his dad. Hey, sir, what did you do? Because I admire what you produced, because your kid is your production at the end of the day and say, I want to know everything that you did. I want you to look into my life, tell me what I'm doing wrong, and take the criticism, take the hard work, but you have to choose those people. What do you want your son to turn out to be? If you see someone and you're like, man, I want my son to turn out to be like this, obviously, without trying to change it, because every kid is unique. You know what I'm saying? But I love these attributes. It's like, go to the dad of that. Of that gentleman and say, hey, sir, I want to talk with you weekly. I'm having a hard time parenting. I can't do this thing alone. I need. I need some help. I need some help, right? I have somebody that has raised great women. That's who I talk to. If you haven't raised a great woman, how are you going to tell me to raise my kid? I have a girl, you mean? I'm like, I don't need to talk to you, bro. Like, you keep your opinions to yourself. It's. That's how it is. Like, right now, I'm looking for a mentor that has a successful blended family, because I am in a blended relationship, and I don't know how to navigate it. So what do I need to do? I need a mentor in that area. I mean, I started a business. I have a mentor. I have a couple people that speak into my life for that business, that have started businesses in our and are kind of in the area that I'm in and are doing it successfully. Like, you need a mentor in everything. Your circle should be so small and your schedule should be so tight that you say, hey, man, I'm too busy right now to go out and get wasted with you, bro, because I'm busy learning about how to invest into my son. I'm busy learning about how to invest into myself. I know. I'm busy learning about how to invest into my future, into my business. Like, absolutely.
And you know what?
Sorry that I got a little into that one.
Validity all the way. But. And I think it's a great segue to kind of wrap things up, but for everyone that's listening, watching, whatever, and you. And you listen to us regularly, then obviously you care enough and you're getting something from us. And that's the whole purpose. We hope to bring some value to each and every listener, viewer. And if we're not, please DM us and tell us what more we can do or less we can do. I don't know. But, you know, our. We're very passionate about helping all of you. And, you know, I just. As we started this episode, we are extremely grateful for everyone who supports us, and we're going to continue to do what we do because of you. So let's wrap things up. What do you think?
That's good. All right. Yeah.
Thanks for tuning in, and we will see you guys next time.