Working with Family and Friends Requires Clarity and Professionalism
Over the years I have seen both, many inspiring stories of family and friends working together to build successful businesses, and many family and friend partnerships and relationships destroyed by disagreements over responsibilities and money.
If you’re thinking of partnering with family members or friends on your consulting startup or another venture, it’s critical that you:
- Clarify roles
- Document equity
- Conduct business affairs professionally
- Keep business life and home/personal life separate
Learn more in the video.