Love and Business?
Following these four tips can help spouses run a business without ruining their marriage.
Q: How can I run a business with my spouse without
hurting our relationship?
A: We've worked together for more than 20 years. Here
are some of the most important things we've discovered:
1. Adapt your communication style if necessary. If
partners' communication styles differ, one or the other is
going to have to change to accommodate. Recognizing how each
partner deals with disagreements is the first step. To learn more
about communication styles, read John Gottman's book
The Mathematics of Marriage.
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2. Don't interfere with each other's work.
It's important to allow each person to take full responsibility
and perform his or her work without interference. That means no
unsolicited meddling, coaching, back-seat driving or peeking over
each other's shoulders.
3. Learn how to handle thorny financial and legal
affairs. When a couple disagrees about or doesn't know the
full implications of choices like changing the form of business
organization or seeking investors, one partner may be reluctant to
act, and it can paralyze the business. Be ready to discuss major
decisions with specialists like lawyers and accountants. If
problems arise that involve your relationship, seek the help of a
professional business or family counselor.
4. Give yourselves time for a private life. When family
members work together, it's easy to allow your work to consume
your entire relationship. For some, this means taking separate
vacations; for others, it means just taking time out from work to
do something different together, like taking a walk for half an
hour at lunchtime.
Authors and career coaches Paul and Sarah Edwards' new
book is The Best Home Businesses for People 50+.
Send them your questions at www.workingfromhome.com or in care of
Entrepreneur.