Key Takeaways:
1 in 4 business owners with successful enterprises report having a poor romantic life.
The primary cause of relationship failures among business owners is a need for sufficient quality time spent with their partners.
Business owners are 64% more likely to prioritize the success of their business over their romantic relationships.
57% of business owners say divorce led to negative financial impacts on their businesses.
Business owners experienced an average monthly revenue decline of approximately $4,000 during their divorce proceedings.
Love on the Ledger
The top qualities female business owners value in a romantic partner are:
- Honesty (37%)
- Respect (27%)
- Kindness (25%)
The top qualities male business owners value in a romantic partner are:
- Honesty (45%)
- Intelligence (30%)
- Sense of humor (22%)
Over half of business owners report their current romantic life is poor.
46% of business owners are dissatisfied with their current sex life.
Over 1 in 4 business owners are unsatisfied with their work-life balance.
33% of business owners have been romantically involved with another business owner.
Business owners highlight key relationship dynamics to consider before starting a relationship with someone who owns a business:
- Balance between personal and professional life (71%)
- Comfortability with time constraints (45%)
- Comfortability with high levels of responsibility and stress (40%)
Nearly 70% of divorced business owners couldn’t focus on their business during their divorce.
57% of business owners who went through a divorce say it had negative financial impacts on their business.
35% of business owners relied on informal support from friends and family during or after their divorce to help manage their business.
Nearly 1 in 4 business owners didn’t seek professional support, such as a counselor or financial adviser, during or after their divorce to help manage their business.
Methodology
Clarify Capital surveyed 800 Americans and 200 business owners to explore the unique intersection of love, business, and finances. The average age of American respondents was 31; 45% were male, 54% were female, and 1% were nonbinary. The generational representation was 2% baby boomers, 9% Gen X, 44% millennials, and 45% Gen Z. The average age of business owners was 53; 45% were male, 54% were female, and 1% were nonbinary. Their generational representation was 29% baby boomers, 47% Gen X, and 24% millennials.
About Clarify Capital
Clarify Capital specializes in helping American small business owners succeed by offering the best rates and terms for their financial needs. We’re committed to a simple, transparent process, putting our clients first and providing fast funding and flexible payment options, all while ensuring privacy and data security.
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Emma Parker
Senior Funding Manager
Emma holds a B.S. in finance from NYU and has been working in the business financing industry for over a decade. She is passionate about helping small business owners grow by finding the right funding option that makes sense for them. More about the Clarify team →
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