👝 Business with relatives and friends
🟢 It is generally accepted that working with friends and family is to the detriment of either business or relationships. Is this really true? Actually, no.
🟢 If a number of nuances are taken into account, you can safely open a joint business with your loved ones or relatives.
🟢 Namely:
• All parties are mature adults.
• Your responsibilities are strictly distributed and documented.
• You know how to clearly separate “personal” and “work”.
• No competition. You work for the common good, not compete. This approach will quickly lead to a split.
🟢 If at least one item from this list is not observed, not only your relationship, but also your finances will suffer. So be honest with yourself and your partner.
🟢 It is generally accepted that working with friends and family is to the detriment of either business or relationships. Is this really true? Actually, no.
🟢 If a number of nuances are taken into account, you can safely open a joint business with your loved ones or relatives.
🟢 Namely:
• All parties are mature adults.
• Your responsibilities are strictly distributed and documented.
• You know how to clearly separate “personal” and “work”.
• No competition. You work for the common good, not compete. This approach will quickly lead to a split.
🟢 If at least one item from this list is not observed, not only your relationship, but also your finances will suffer. So be honest with yourself and your partner.