Our poll on how to handle a partner who takes a big gamble on your business has generated some mixed responses, with no clear winner. When you bring personal relationships into starting a business, it appears the old “stick to the deal, no matter how painful it is to the loser” becomes a little grayed. Should it? Is this a fundamental problem with starting a company with a friend?
So what do you think about the idea of going into business with friends? Is it a good idea because you already know each others strengths and weaknesses? Or is a bad-idea because personal relationships can get messy in the cut-throat business world?
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