Many of you may have considered starting a new venture with a close friend.
Although the idea sounds exciting, behind a business are hidden hundreds of responsibilities and setting up a venture with a close person can be even more complicated.
However, it is not impossible to create a successful business and maintain the relationship with each other at the same time.
Below, find some tips to keep in mind:
1. Identify each other's strengths: They will become business strengths
Your business strategy should focus on all your strengths.
Dive into the details to see how your skills translate into your joint business. Ask questions such as: "Are there areas of business that one is more passionate about than the other?", "What roles will each one play in the business?" should we share them? ”
2. Use compatibility quizzes to learn more about each other before you start a career together
This will make you understand each other better and the communication will be clearer, leaving no room for misunderstandings. Through these questions, you can also understand whether or not it is worth starting something together in the business world.
Any tool that helps you better understand each other, be it a personality assessment, astrology reading or something else, will be an asset to your relationship and business.
3. Take an interest in each other regularly and understand when it's time to just be friends and not just "colleagues"
It is important to keep a boundary between the time you are friends and the time you work, otherwise you risk letting the business deal outgrow your friendship.
Schedule a fun time where you are simply out of business and chores. By sharing time well, you can have space and opportunity for everything.
4. Go with the flow as your business evolves and things change
We can not plan everything in life and businesses are no exception. Today, in the world of commerce, e-commerce and every other element of entrepreneurship, everything is constantly evolving and changing, so do not expect your business to have any surprises.
Be prepared to face everything, thinking of plans B, C, D etc. and do not worry about what you do not have on hand.
5. Talk to professionals, research
Do your market research, communicate with other professionals and entrepreneurs and get as much information from them as possible. Get to know the stories of successful ventures. Learn from their mistakes and be inspired by their success. Seek advice from people who know more than you do in this area.
Source: Well & Good
