Dirty Secrets of Small Business
One of the things we talk about often when it comes to business partners is the timing of difficult discussions. This is especially important when those business partners are also life partners because you’re going to be seeing this person after work as well. The last thing you want to do is let things that happened at work impact what happens at home. But hey, we’re all human. And sometimes our emotions and best intentions can get in the way.
Today we were joined on the show by business owner Ben Ihde of Wild Birds Unlimited. Ben was a coaching client of MVP for several years and is a repeat guest on Dirty Secrets of Small Business (see link below for his February 14, 2019 appearance). During the show today Ben shared with us what’s been going on since we last heard from him.
We know, this might sound a bit dramatic. Like the power struggles between good and evil! But this can be a big challenge for couples who are also business partners. So if you aren’t aware of the power dynamics that are happening in your business, and more specifically your relationship with your spouse, or if you are experiencing some of these power struggles then this show is for you.
Depending who you talk with, many people think it’s crazy to work with your spouse or significant other. One of the biggest concerns we often hear is this idea of separating business from personal stuff. You know that famous phrase, “It’s not personal, it’s just business.” How do you think that comment would be received by your significant other when explaining why you did something at work?
We all know couples where it’s evident who wears the pants in the relationship. Other couples have more of a shared power concept going on. So which one is right if you and your life partner are also business partners? Should one of you be the boss? Should you share the boss duties?
Today we were joined on the show by Sherry and Dan Jones. They were clients of ours when they owned their franchise business Seniors Helping Seniors. We not only helped them grow their business but we also helped them with a successful exit of their business.
Today we were joined on the show by business owners John and Terri Sonnhalter. Oh yeah, they also happen to be Adam’s parents! They shared with us their 40+ year journey of working together in a business as spouses. We heard from John a few years ago when he appeared on our show back in January 2020 (see below for a link to that show). But this time, Terri got a chance to share her side of the story!
Does the idea of working with your spouse excite or scare you? This thought of, “maybe my spouse/significant other can help with this,” is one that goes through most business owners minds at some point. It’s a perfectly natural question, especially in today’s world where it is getting tougher and tougher to find good people.
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