How to Make Your Parents Say "Yes" to Your Startup


2. Do the Homework

Get it all planned before you pitch your idea to your parents. You need to present firm reasons why you prefer the risk of handling a company all by yourself instead of going for a stable job. “Parent’s support was influenced not only by unconditional love, but also the fact that it was clear I had done my homework, and that it was not just a spur-of-the-moment decision. I was thorough in explaining why I wanted to do it, and why this was the time to do it,” says Scott Thompson, Founder of Bungolow.com