Online lending company Funding Circle recently conducted a survey* of over 1,000 business owners to learn more about their relationships with their parents. Here are some of their findings.


A strong work ethic is the #1 skill business owners say they learned from their parents.

74% | Learned strong work ethic from their dads
67% | Learned strong work ethic from their moms

49% | Learned confidence from their dads
41% | Learned confidence from their moms

40% | Learned resilience from dads
40% | Learned resilience from moms

Investments from parents not typical

Cross-generational family businesses are common throughout American history up to the current economy. However, when it comes to an off-spring seeking startup capital from a parent, small business owners indicate it’s rare.

72% | Business owners who never borrowed money for their business from a parent.

*Funding Circle Small Business Survey, March 2017. A total of 1,377 U.S. small business owners completed the survey between March 1-13, 2017.

Related Articles

The 150-Year History of the Term ‘Small Business’

Until the end of the 19th century, there were few big businesses so the history of the term “small business” is less than 150 years. Today, no other phrase comes close to describing companies up to 500 employees.