How to balance Business with Family and Friends
Doing business with Family and friends always seems like a good idea, especially when you are just starting the business, until things go wrong. Have you ever wondered why businesses hardly sustain, and rich people's wealth are hardly sustained long after the rich people are dead and gone? Or you think Dangote is the first millionaire or billionaire in Nigeria? Ojukwu's father was one of the richest men in Nigeria back then if not the richest man. Moshood Kashimawo Abiola popular known as MKO was a very, very rich man back in the 80s and 90s. Dantata was a very rich man back then too. This is but a few of the many Nigerian millionaires back in the days. Where are they now? Some are dead, some still alive. But where is their wealth? Was it passed on? To who? Why don't we hear of them anymore? Here are a few things to consider when doing business with family and friends: 1 Define things Family and friends are good when it comes to business. In fact, they are major...