Friends, Family & Business: Success or Disaster?

🎙️ Running a Business with Family or Friends: How to Keep It Professional and Peaceful | SoTellUs Time Podcast Thinking about starting a business with your spouse, sibling, or best friend? Or maybe you’re already deep into building an empire with family and finding it hard to keep things professional? In this episode of SoTellUs Time, we’re diving into the real talk about running a business with family or friends—the pros, the cons, and the proven strategies we’ve used to stay strong in both business and relationships for over 25 years. We’ll share personal insights, practical tips, and real-life examples of what works (and what doesn’t) when mixing business with personal connections. Whether you're just getting started or feeling stuck in blurred boundaries, this episode is for you. 🔍 In This Episode: 00:00 – Intro Why working with family or friends can be incredibly powerful—but also tricky. 02:00 – The Pros and Cons of Working with Loved Ones ✅ Built-in trust and loyalty ✅ Deep understanding of personalities ❌ Blurred lines between work and personal life ❌ Risk of hurting relationships if roles aren’t clear 07:00 – How to Set Clear Boundaries and Roles 📋 Write job descriptions—even for your spouse 📌 Decide who’s responsible for what 📝 Put everything in writing: roles, responsibilities, expectations 13:00 – How to Protect the Relationship While Running the Business 🕰️ Keep personal and business time separate 💬 Communicate early and often 🧑‍⚖️ Know when to bring in a third party (coach or advisor) 18:00 – Conclusion & Call to Action Clarity + communication = peace and productivity 📅 Schedule that meeting. 💡 Have the tough convos now. 💡 Whether you're co-founding a business with your brother, running a salon with your spouse, or partnering with a friend—this episode will help you keep it successful and peaceful. 👉 Don’t forget to like, subscribe, and hit the bell so you never miss a new episode of SoTellUs Time! 🔔 Subscribe here: https://www.youtube.com/@sotellus 🎧 Available on all podcast platforms. #BusinessWithFamily #BusinessTips #FamilyBusiness #Entrepreneurship #StartupAdvice #SoTellUsTime #WorkWithFriends #FamilyBusinessSuccess #PartnershipTips #BusinessBoundaries #FriendshipAndBusiness #EntrepreneurLife #StartupChallenges #BusinessPodcast #SoTellUs