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Depends on what everybody loves most. If it's money, forget about it. If it's something higher (other people, God, etc.) then I think it can really work well.
by unit91 10y ago
Depends on what everybody loves most. If it's money, forget about it. If it's something higher (other people, God, etc.) then I think it can really work well. I previously worked at a startup with my brother. We both had roughly 10% equity stakes and it never jeopardized our relationship, even when the company went through some tough times.
- usefulcat 10y agoTrue, but the trick is accurately determining up front "what everybody loves most". Oftentimes people don't really know the answer to that for themselves, let alone for anyone else.
- unit91 10y agoTotally agree. However, in the context of whether you can do business with your family members, you probably already know them well enough to make that assessment.