Family businesses are specific in terms of their characteristics, values, and the way they go through their life cycles, where the family and business dimensions of a family business venture are intertwined. Therefore, there are certain conditions that must be met for a business to be considered a family business. Those conditions are described in this final paper. Furthermore, family businesses are a hidden potential for the development of new business ventures. What makes them special is the fact that they bring valuable family entrepreneurial experience to those who grow up in a family that runs a family business. The importance of family entrepreneurial experience is presented in this final paper, by conducting empirical research, the aim of which was to investigate the importance of family entrepreneurial experience when starting a new business venture. The data collection method was surveying. The respondents were divided into two groups: those with real experience of starting a new business venture and those who do not yet have that experience, but whose family has their own family business. The research examined the importance of family entrepreneurial experience when starting a new business venture from real experience and from the perception of respondents. Respondents with real experience of starting a business initiative claim that their family entrepreneurial experience was very important when starting their own business venture. Respondents who do not have experience in starting their own business venture plan to stay in the world of entrepreneurship in the future, by founding their own or inheriting a family business. Both groups of respondents cited work habits, work experience, responsibility and determination as the most important factors related to family entrepreneurial experience, however respondents without real experience also indicated the possibility of desired education and financial support from parents as significant factors.