Friday, November 15, 2013

Lesson 2: Choose the right partner/s

A few years ago 4 friends of mine went into the furniture business together. They had a falling out and now they don't talk with each other. They can't even be in the same place together without everyone around them feeling uncomfortable.

I also heard stories of my father being in business with his own brother. They had an argument and when he went to the office one day, there was a wall of hollow blocks where the door to his office used to be.

This was exactly what a lot of people say; business will undo friendship and in some cases even family. Although these seem like extreme cases, I'm well aware of the risk I'm putting myself in partnering with someone.

Nonetheless, I've realized that I will not be able to have a business on my own. I have a full-time job which I'm not comfortable leaving anytime soon. I still lack some skills which are necessary to make sure the business becomes successful. It's important that I partner with someone I completely trust and who trusts me as much.

It was only logical that I partner with my best friend from high school (I've known him for 19 years) and his girlfriend. I'm confident that the foundation is there and we won't argue so bad that we can't fix it in the end. It's scary to think that misunderstanding in business might cause me to lose the closest friend I have. But I'm prepared for it and that makes me accept that friendship is more important than business.

We've never had a major argument ever, so we'll just see how it goes.

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