Sharing Daily Discoveries About Personal Finance And Business Topics

People You Know Very Well In A Business Setting

I was reading various literatures today about some different perspectives on what it takes to become successful financially when it comes to a business life. One theme that was a common one was where to be successful you need the support of friends and family. Then, there is the other view where if you want to be successful you have to get rid of friends and family members from your business life as that usually creates conflict. So pretty polar opposite views.

I personally think the key balance is to never go with or trust any business decisions based solely on the fact that the person is a friend or a family member. Rather, base it solely as if the person is a stranger where you are focused on the end result while assessing the risks to see if it would work out.

Many people learn this the hard way of course and sometimes you just need to experience it yourself to truly grasp that notion.

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