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I would be interested to hear other founders' first-hand experience with this. In my experience, hiring my younger cousin for occasional work during school/uni
by AussieWog93 5y ago
I would be interested to hear other founders' first-hand experience with this.
In my experience, hiring my younger cousin for occasional work during school/uni breaks has been great, but involving close friends looking for work has been disastrous 3 out of 3 times.
- WastingMyTime89 5y agoMy parents worked with my grand parents before taking over the business and I have occasionally worked with them through the years. You don’t really hire family members. They join you in the family business. It’s a different dynamic but I t doesn’t really cause issue because the family business has always been a part of our family life. The frontier between personal life and work is very blurry but that’s nothing unusual for SME owners.
- astura 5y agoThere's a huge difference between bringing your children into the family business (presumably also preparing them to inherit it) and employing your sister to work for you at your business.
- vram22 5y agoYes. And I have read a few pretty interesting novels in English about such business families, from the time I was a kid.
- gambiting 5y agoIn my parents business it has been a disaster 100/100 times. All friendships all family relations have been completely destroyed by them trying to run a business together. I know it's just an anecdote, but yeah, I'd be careful.