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Friends as Business Partners Good or Bad Idea?

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Lou_C Donating Member (944 posts) Send PM | Profile | Ignore Wed May-26-04 12:39 AM
Original message
Friends as Business Partners Good or Bad Idea?
Edited on Wed May-26-04 12:40 AM by Lou_C
My best Friend and are trying to put a business together but I've been having problems with her lately. I have been doing all of the leg work to get the business off and running while she sits back and plays on her favorite websites all day long.

I love her as a friend but she is not putting her time in as a partner for the business and she claims it's because she is not business savvy.

She is also very talented and smart and her input is needed to get the business up and running.

Should I forget about getting a business together with her or give her a second chance?

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jpgray Donating Member (1000+ posts) Send PM | Profile | Ignore Wed May-26-04 12:41 AM
Response to Original message
1. Only a good idea if she is reliable and dependable in a business sense
Edited on Wed May-26-04 12:41 AM by jpgray
Otherwise it might ruin the friendship and the business will be in serious trouble anyway.
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Lou_C Donating Member (944 posts) Send PM | Profile | Ignore Wed May-26-04 12:45 AM
Response to Reply #1
2. I am not sure if she is reliable
When she pouts or gets upset she ignores me for days and with a business venture you have to discuss issues all of the time.

The only problem is I need her input and we can make our business happen if she would only do her share of the work.

I am not sure if I can go through with it by myself but I may have to.
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SlavesandBulldozers Donating Member (1000+ posts) Send PM | Profile | Ignore Wed May-26-04 12:48 AM
Response to Reply #2
3. if she can't work on it when its just getting started
when's she going to find the time when and if the business gets big? I say ditch her and steal all her good ideas.
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Lucky Luciano Donating Member (1000+ posts) Send PM | Profile | Ignore Wed May-26-04 01:28 AM
Response to Reply #3
7. ditto
you have to drop her now. There is no Mr Nice Guy in business. It is just business and she is a drag on your performance. Drop her before you lose your friendship. If you keep going like this, you will lose the friendship and the business.
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Lou_C Donating Member (944 posts) Send PM | Profile | Ignore Wed May-26-04 01:31 AM
Response to Reply #7
8. I don't want to loose her as a friend
When you start a business both people needs to give 100% or it will fail.
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Lucky Luciano Donating Member (1000+ posts) Send PM | Profile | Ignore Wed May-26-04 02:17 AM
Response to Reply #8
10. You are right
Consider it a marriage of a different sort. The analogy is perfect (except for the sex part).
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Doctor Smith Donating Member (255 posts) Send PM | Profile | Ignore Wed May-26-04 12:49 AM
Response to Original message
4. Give it up.
It will only get worse.
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TheWizardOfMudd Donating Member (1000+ posts) Send PM | Profile | Ignore Wed May-26-04 12:56 AM
Response to Original message
5. Dump her
Your evidence is overwhelming.
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Kenneth ken Donating Member (1000+ posts) Send PM | Profile | Ignore Wed May-26-04 01:07 AM
Response to Original message
6. it's business
you should draw up a business plan that specifically states who will be responsible for what. Then you can point out to her specifically where she is not pulling her weight.

Or

you can forget the whole idea. Friends can sometimes spend too much time together and it strains the friendship.

When we moved out of our respective parents' houses, I lived with my best friend. We barely made it through a 6 month lease without killing each other. Many years later, we're still best friends, but that one period was rough.

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KissMyAsscroft Donating Member (1000+ posts) Send PM | Profile | Ignore Wed May-26-04 01:39 AM
Response to Original message
9. Dont even try it...


Stop it now.
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Champ Donating Member (1000+ posts) Send PM | Profile | Ignore Wed May-26-04 02:20 AM
Response to Original message
11. I don't know
But I want to see some of my friends succeed, I'll give them a job in a position that I feel best for them. Some of them really need a leg up.
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