Partnership Business: With Friends or With Family

[Nomad]

If you decide on a partnership business who would you choose for your partner, your friends or your family. In other words, when starting a partnership business would you do it with your friends (those that are close to you or are trustworthy) or your family members like cousins, uncles, brother, sister, etc. Do you think it is less risky with friends or family for a partnership business?

 

[Kera]

I would not do partnership business with either friends or family. They would mess you up. Better with a neural person.

 

[Pearl]

I would rather partner with my family. I think that shared interest of family could help it work more.

 

[King Belieal]

I think I would run a partnership business with my close siblings. We might be able to see eye to eye much more easily.

 

[Laurentta]

I would run a partnership with my family rather than my friends.

 

[eLdavis]

I know the stress that comes along with running a partnership business with either Friends or family, so am not ready for that right now.

 

[Starmix]

Since my business is small I do it solo, Once it becomes big I may prefer a family member close to me to partner me in my business. I trust my family than a close friend.

 

[Suba]

When running a business I prefer to partner with relatives, either cousins or nephews so that indirectly I can improve their family finances, but if no relatives are willing I will choose a close friend who has the same loving mindset.

 

[Trush Jodie]

I would prefer to work with my family. It is easier for your family member to understand you more than a friend.

 

[magnus2022]

If you decide on a partnership business who would you choose for your partner, your friends or your family. In other words, when starting a partnership business would you do it with your friends (those that are close to you or are trustworthy) or your family members like cousins, uncles, brother, sister, etc. Do you think it is less risky with friends or family for a partnership business?

Partnership is good and viable if you can get reliable and trustworthy people. But there is nothing as difficult as finding a trustworthy person. This is one single reason i use to avoid partnership.

 

[Kross]

I won't do partnership business with any of friends or family. I would rather do it with neutral persons.

 

[Augusta]

it is good to find ways to navigate family and friends business partnerships.you need to agree on how you will keep your business and personal lives separate.Define clear roles and responsibilities.

 

[Springtime]

I would prefer to partner with a close and trustworthy friend who shares the same passion and vision for the business with me.

 

[Augusta]

Friends and family often have similar values and goals, making it easier to align business objectives. but I prefer family

 

[Min George]

For my kind of family members, I would prefer to run a partnership business with my friends because of the close bond.

 

[Fire&Rain]

I wouldn't choose any of the options mentioned. It's better.to work with a stranger with god qualifications and has the same drive amd hunger for success as I am

 

[Augusta]

I would rather partner with my family. I think that shared interest of family could help it work more.

Yeah Starting a business with friends or family offers advantages like shared values and understanding, but also risks related to personal relationships and potential conflicts.