Assumptions About Business Builders

Yesterday, I mentioned
that personal relationships change
when we start businesses.

We’re no longer
one of the working people.
We’re management,
business owners,
the ‘man.’

There will be other assumptions
made about us.

Some people think
all entrepreneurs
or business owners
are wealthy.
(laughs semi-hysterically)

Some people think
we have unlimited free time.
Working for ourselves,
somehow,
becomes
never working.
(Instead of the reality
– always working.)

Some people think
we will always have
a well-paying, super flexible
job available for them
or others
whenever they need one.
(Where do I sign up
for one of those?)

And there will be more assumptions
made about you
and anyone else
who starts a business.

Expect those assumptions,
correct them,
if that is possible
and you care to do that,
and continue
building your business.

Family And Business

If I can avoid it,
I don’t go into business
with family members
(other than my spouse).

Most businesses fail.
That’s a brutal reality
for entrepreneurs.

There are ALWAYS
hard feelings
amongst founders,
amongst employees,
amongst other business partners
when businesses fail.

When family is involved,
some of those hard feelings
are directed to or come from
family members.

That destroys relationships.
Often permanently.

Plus family members
are usually not the best qualified candidates
for the roles they hold.

If you can avoid it,
don’t involve family members
in your business.

That rarely works out well.