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When talking about dual ownership it has its ups and downs - you know everyone wants to feel a part of the team and there are also times where one may not not feel as if he/she is actually a part of the team, and not always feel on board. All this is bound too happen and it is normal. There are plenty of team building exercises and ways to lead to more understanding. But it is best to try to keep family and business separated as much as possible in my opinion.
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TommyCarey
I do have a friend who is one of my partners in a company and it's going pretty well. He's been working with me for about 6 years in one of my companies and I think it works well because he wants to see the business flourish just as much as I do
When picking a partner for you company or website, you'll need to make sure they have a good background in the niche and bring value to your business. Signing over part of your company to a friend because he/she is nice isn't going to make you any money and you'll just get pissed off because they didn't bring anything of value to the company.
I split my company with my friend because he was extremely smart and knew a lot about computers. It took me about 6 months to train him enough that he could go out on his own and bring in leads. I would teach him and we would have websites set up that he could toy with and not worry about destroying lol. After the 6 month mark I felt he was good enough to unleash on the public lmao
The same goes with your spouse, don't just bring them in because they're pretty, that won't make you money. Now if they have a background in your niche, then think about bringing them in to see what they can do I don't think I could have my spouse as a partner in my company. There would be too much bias and if she did mess something up, I would have to be the one to yell at her. I think it would just put a strain on our relationship and inevitably end bad. I do have a friend who is one of my partners in a company and it's going pretty well. He's been working with me for about 6 years in one of my companies and I think it works well because he wants to see the business flourish just as much as I do :D When picking a partner for you company or website, you'll need to make sure they have a good background in the niche and bring value to your business. Signing over part of your company to a friend because he/she is nice isn't going to make you any money and you'll just get pissed off because they didn't bring anything of value to the company. I split my company with my friend because he was extremely smart and knew a lot about computers. It took me about 6 months to train him enough that he could go out on his own and bring in leads. I would teach him and we would have websites set up that he could toy with and not worry about destroying lol. After the 6 month mark I felt he was good enough to unleash on the public lmao :D The same goes with your spouse, don't just bring them in because they're pretty, that won't make you money. Now if they have a background in your niche, then think about bringing them in to see what they can do :D
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