Blood may be thicker than water, but it isn’t always thicker than money and envy.read more
For some people, the idea of starting a business with a sibling is unthinkable – they are the person you fight with when growing up and then compete with in adulthood. However, for others, there’s no-one they’d rather share the journey of entrepreneurship with.
Many families who own family businesses have conflict embedded in their culture.
The key to maintaining strong relationships with your family is to process those relationships out loud. By sharing your strengths and weaknesses with your family, you develop a deep level of trust.
When you own a family business it shouldn’t matter if the staff are blood related or long time employees. Your work family is as important as your real family, some say more so.