Jumping into business with your soul mate could turn out to be a miracle or disaster depending on how well you understand each other. The experience of being in business with a husband or wife could be tremendously rewarding at a time and in other ways could be a total failure. Balancing life and business can come easy while you have your soul mate as your partner. Inc magazine reports a column by Cadoux Hirshberg on Balancing Acts. It talks about the extremities of marriage especially while starting a business and how beneficial it would to honor and report to your spouse. The whole column talks about business soul mates from a woman’s point of view. The unwritten rule while running your business with a soul mate is that there is no scope for emotions in business.
Women are often victims of emotion and finding a balance between business and soul mates have always being a challenge for them. When it comes to dealing with everyday operation and cash flow emotional attachments will not work. The best way to run a business smoothly with your soul mate is to start doing things on your own than expecting your spouse to do it. This can help strengthen the relationship and can work progressively for your business. Giving sufficient room to grow could be the cornerstone of a successful business relationship especially when it is with your soul mate. Some of the rules include knowing who the boss is and not you always. Patience and practice can help breathe business success and hold the relationship upright. Also, the late rule is to separate business and personal life.
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The success of running a family business is to ensure that it does not ruin the marriage. Also, remember that doing business with your spouse may not be romantic as you think. There are three cardinal rules to be maintained while running a business with your soul mate. First understand the role and responsibilities. The best way to operate a business in style is to demarcate the roles and responsibilities. This also means that none should interfere in the roles of the other unless there is a crisis. The roles have to be allotted based on your strengths and weakness. If you have good PR skills, then take care of brand building. If you are good in finance, take care of accounts. Ensure that there are clear lines marked and only the outcomes are discussed. If you both of you are weak in a particular area, hire people to take care of it.
Communication is the key, keep silent after a fight doesn’t work in business. Keep the lines of communication open to discuss business. Patience is one attribute that can work in favor of your business. Speaking about your business to your friends can help vent your feelings and can work positively for business development. The success of your business lies in the strength of your business. Regular counseling sessions could add to the strength. Self leadership can help. Manage your life and business by not making it a burden by taking up leadership responsibilities. These rules can help run your business harmoniously with your soul mate.
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Life is built on relationships and so does business. Finding the right soul mate for your business can be instrumental in building a strong business foundation. Picking a business soul mate is similar to finding a life partner. Just like how you would like to date a person before marrying one, likewise a business partner has to be chosen after proper analysis. Get to know the person well before entering into a business relationship. Find out about their temperament and their way of reacting to stress. After finding friendship with the potential business partner, it is time to test the relationship. First test the business friendship with small business ventures like consulting for a start-up. Finding the strong chemistry especially the skill sets have to match with your business model.
For instance, if you are running a web designing company ensures that your soul mate is ideal to handle the nuance of web designing or business development or financial management. A business partnership is a long term relationship and having a soul mate guide you would be advantageous. It is with them you foresee the growth. Your entire business plan will be designed keeping this relationship in mind. Have a similar opinion on a business plan does not mean you have found the right partner. What matters is your current status and if you are capable of handling a business that stands. Moreover, for a healthy long term relation it is important that your potential partner also foresees your business the same way as you do.
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