Are you in love with your business partner?  Not just for their love of numbers, the company you have created together, or their customer service skills, but their cute little nose, their manly smell or the way they make your knees go weak with a passionate kiss?

Whoa, back up.  Passionate kiss?  Can entrepreneurs do that sort of thing?  

They can and they do!  Even though the U.S. Census Bureau does not provide exact data on the number of businesses own by couples, they do show that approximately 3 million businesses are owned equally by men and women, estimating that the vast majority of these are businesses owned by an “entrepreneurial couple”. It would wrong of us to assume that none of these couples are romantically involved. Out of 3 million…that sure is a lot of lovin’ in the office. 

In addition, the phenomenon occurs even more regularly when applied to small businesses with less than 10 employees.  Apparently when people live together, laugh together and decide to build a life together, the imagined life of working side by side through the long hours required of business ownership is a logical next step.  And it is.  They trust each other, they enjoy being together and they are often passionate about the same things.  These couples jump into the business with all of the passion that got them into bed the first time and it is a beautiful, passionate journey; most of the time.

To ensure it is a passionate and wonderful journey all of the time, here are 5 things to consider:

1.  Take a break.  Not from the business, but from each other.  Go for a walk, go on vacation and go out with friends…alone.  You simply have to have moments apart so you have something to talk about when you come back together.  No one wants to be the boring folks ignoring each other over dinner and no one wants to be the bickering couple either.  Spending time in separate locations keeps you both interesting and able to be just a little bit nicer when you are together.

2.  Take care of the couple first.  Someday the kids will be gone, the business will be gone and you will be left staring at the person you decided to build a life with.  Don’t wake up and wonder how you ended up in bed with a stranger.  Be romantic.  Be spontaneous.  Be a flirt.  Step away from everything but each other once in a while.  You deserve it.

3. Set clear goals.  There is nothing worse than working side by side hour after hour only to realize you were both going in different directions.  Knowing where you are going, when you want to get there and who is doing which tasks is essential.  Deciding your direction now, when everyone is calm, is a better plan than waiting till you hit a fork in the road; because that fork could very well be used to stab someone in the leg.

4.  Hire help.  Someone out there likes to clean toilets and I bet it is neither of you.  Someone also knows how to fix a computer, balance the books, and run social media.  Let them.  Make a list of everything that needs to be done- and what has to be done by you - then farm out the rest.  The trick is to use the time you are not doing menial tasks to earn money to pay for the people doing those tasks or to take care of the couple as talked about in point two.

5.  Don’t be the boss.  You can kiss your entrepreneurial partner, but you probably don’t want to kiss the boss.  The boss is a Big Ol’ Stinking Slob.  They think they are always right, use volume and intimidation instead of effective communication and would rather watch others work than participate in work.  If you are acting like the boss and your partner doesn’t like it you can be fired.  That firing usually means the kids and the house are divided and happily ever after is not going to be the end of your story.  Be kind.  Be helpful.  Be a partner.  Don’t be a stinker: don’t be a boss.

Bonus Point: You need other people.  And you have to let them into this crazy project you are doing together.  Enlist the help of a coach, an accountant, a lawyer and probably a therapist (better early on than when it is too late!).  Well-meaning friends and family do not know what you are going through, and truth be told, you probably don’t either.  There are people out there who do, and people who can help you lay out a game plan that will keep you sane, prosperous and most importantly, together.  Let them. 

Now go kiss your big ol bundle of entrepreneurial passion- and don’t stop till their knees go weak.  But, do it fast, you have work to do.
 


Comments

06/30/2012 00:55

Great article ...Thanks for your great information, the contents are quiet interesting. I will be waiting for your next post.

Reply



Leave a Reply