The Difference Between Being a Boss and Being a Friend Find the line that works for your company -- and don't cross it.

Q: Having a close team is important to me, but where's the line between having a healthy culture and getting too personal? -- BJ, Kansas City, Mo.

A few years ago, I saw the answer to this question play out in front of me. It was at one of our two12 events, where we'd assembled a panel of entrepreneurs to talk about work culture. Half of the featured entrepreneurs said they only hire their friends. The other half said they never want friendship to be the backbone of their business. And that pretty much sums it up: There is no right answer here.