Starting a Business with your Spouse

Have you ever thought of starting a business with your significant other? To wake up every morning and together you hustle and grind? To both share the dream, and so are the responsibilities.

me and my business partner, Charmaine

SET CLEAR GOALS

Before anything else, this is the first thing you have to work on together. Both of you have to agree on your goals. Remember that goals don’t have to be mutual. It only needs to be agreed by both of you.

IDENTIFY EACH OTHER’s WEAKNESSES AND STRENGHT

WATCH EACH OTHER’S BACK

Wearing a lot of hats and working on different areas of the business is natural for business owners. With your attention being pulled from different directions all the time you are both prone to making mistakes. Making mistakes is fine, this is where we learn from the most. But having someone to watches your back gives an extra layer of the check to prevent each other from making a costly mistake.

WILLINGNESS TO TAKE OVER IF NECESSARY

There will be hard times, e.g. one of you can be sick or one you may have some other important matters needed to attend to. Despite that you have agreed to specific responsibilities, the ability to take on each others role if necessary is crucial for business success.

CELEBRATE SMALL WINS

COMPLIMENT EACH OTHER

Make it a part of your day recognize each other’s contributions. If your spouse exerts a tremendous effort to achieve your goals, do not let it go unnoticed. Make sure to recognize it even if it just a short sincere acknowledgment will do.

Wantrepreneur. Writes PHP and sells cakes online. A local internet tour guide too.