Simon Sinek: Look out for this red flag when starting a business with a friend: ‘It will breed resentment'

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“You can go into business with friends so long as everything is on the table,” Sinek said.

of his popular podcast"A Bit of Optimism," host Simon Sinek asks restaurateur Will Guidara the question"Should you do business with your friends or should you not mix the two?"Sinek and Guidara agree that the answer is highly dependent on who the people are. However, Sinek could name one red flag that might signal you and a friend should not go into business together.

He built a $12 billion rocket company without a college degree—but has no desire to go to space: It wouldn't ‘be very enjoyable'"The motivations have to be similar and very clear expectations set early on," Sinek said."Because we will make assumptions about the other person's commitment." "You can go into business with friends so long as everything is on the table," Sinek said."Don't leave anything up to assumption."The reason these unions so often go awry, both Guidara and Sinek agree, is because people can't separate the business part of their relationship from the personal part.

And you need to learn to"code-switch" when you're discussing a work problem versus a personal problem, Sinek said.

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Simon Sinek: Look out for this red flag when starting a business with a friend: ‘It will breed resentment'“You can go into business with friends so long as everything is on the table,” Sinek said.
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