There’s that cliche.
You shouldn’t go into business with friends.
There’s too much at stake. Too much history. Too much a lot of things.
So am I being naive by going into business with friends?
Here’s the story, without giving too much away.
One of my best friends had an idea. It’s a clothing accessory that’s currently not on the market. It’s a really great idea. She is super into the business-y side of things and getting shit done, but doesn’t have a strong fashion background.
However, one of our other good friends does have a fashion background. She can design and make stuff. The business-y side is not her thing.
So they working on this business.
And eventually, they needed someone who knew a thing or two about marketing/building a website/social media/etc.
Three pals with separate, but complimentary skill sets. What could possibly go wrong?!
Well, I guess feelings could get hurt.
And who pays for what? And what if we fail? But what if we don’t? How do we deal with money?!
Maybe we’re all nuts, but we decided to throw caution to the wind and file for our LLC status (is that the right terminology? I wouldn’t know, I’m just the marketing person).
This isn’t any of our full-time gigs at this point, but who knows? Maybe it could be. For right now, we’re just trying to get a prototype made. Don’t worry– when we’re ready to show off our goods, you’ll be the first to know.
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Have you started a business with friends/family? Regrets? No regrets? Please tell.