254. Should You Start a Business with Friends or Family?

Empire Building

Starting a business with friends and family—what could go wrong? Well, as it turns out, there are a lot of lessons to learn along the way. In today’s episode, we’re diving into the unique challenges and rewards of building a business with those you’re closest to. Since 2019, we’ve been lucky enough to work alongside some of our best friends on ventures like starting our company, Her Best Life, and hosting our podcast (which has now surpassed 250 episodes and almost a million downloads—how crazy is that?).

But here's the thing: when you go into business with friends or family, it’s not all smooth sailing. There’s the good, the bad, the ugly—and a ton of pro tips that we’ve learned along the way. Whether you’re considering working with loved ones or want to know what to expect, this episode is packed with insights on what makes these partnerships work, and what pitfalls to watch out for. If you’re thinking about teaming up with your friends or family, stick around—this is the episode you won’t want to miss!

Resources:

• Check out Her Best Life
• Read Fierce Conversations by Susan Scott

Connect on Instagram:

• Seychelle Van Poole: @seychellevp
• Sarah Reynolds: @sarahreynoldsoji
• Wendy Papasan: @wendypapasan
• Kymber Lovett-Menkiti: @kymbermenkiti
• Tiffany Fykes: @tiffanyfykes

Produced by NOVA

This podcast is for general informational purposes only. The guest's views, thoughts, and opinions represent those of the guest and not KWRI and its affiliates and should not be construed as financial, economic, legal, tax, or other advice. This podcast is provided without any warranty, or guarantee of its accuracy, completeness, timeliness, or results from using the information.

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