Can we make this work?
January 27, 2010 10:07 AM Subscribe
Turning a close friendship into a business partnership: is it doomed? Are there success stories out there? What can I do to ensure this works?
posted by yawper to Human Relations (18 answers total) 4 users marked this as a favorite
I am considering starting a business with my best friend of 18 years. The two of us have a mutual interest/talent that we think would make for a successful business. We get along extremely well, have great communication, and have never had any serious disagreements. We have similar values and family/educational backgrounds. There is nothing about our relationship that would lead me to think we can't work well together.
HOWEVER...I constantly hear horror stories about how going into business with a friend ruins the friendship. Is this REALLY the case? I would like to hear some success stories; I'd like to know how you avoided the pitfalls that seem to be so common in these types of situations. For those who had the unfortunate opposite experience, I'd like to learn from your experience. In retrospect, what would you have done differently?