Making a Family Business WORK

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In the beginning, working with friends or family may seem like a great opportunity. You need help, they need the work. Boom! Perfect opportunity, right?

But later, when reality sets in, when the honeymoon period wears off, you find that what began as a match made in heaven is now a rocket-propelled handbasket on its way to hell. Conflicts arise, feelings get hurt. You, the business owner, are stuck with not wanting to offend but at the same time needing to fight chaos and make a profit. What’s to be done?

Watch my short video and learn steps you can take—today—to ensure workplace familiarity is a boon, not a bust.

Action Steps:

  1. With your family member or friend, create ground rules for working together and refer to them during your regular meetings.
  2. Do your utmost to create consistent meeting schedules that start and end when they should.
  3. Comment below and tell me how you’ve encouraged cooperation within a family business.

Principles:

  1. Familiarity can indeed “breed contempt” when left unchecked, particularly in a family business.
  2. Ground rules help get everyone on the same page, but only if documented and reviewed.
  3. Consistent, on-schedule meetings both boost efficiency and showcase mutual respect.

Just winging it? Foolproof businesses need foolproof business systems. Dave can show you how to develop your systems to help you manage the chaos of modern worklife. Effective business systems are one click away when you download this free copy of Dave’s newest book, The Result: A Practical, Proven Formula for Getting What You Want.
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