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On the other hand, there are many success stories of friends who went into business together and succeeded to together. If you have ever gone into business with a friend, what were your biggest concerns and how did work through it.
What you shared isn't happening to every business partners out there. In fact, I don't see anybody who will just run away with all the money the company has without any deep reason at all.
I mean in reality, we don't see this thing happening more often especially in those huge businesses already. I'm not a business minded person that's why I don't know some of the concerns the business partners are facing, but for sure trust is the main concern. Like you said, your partner can be your partner, but anytime he/she can be your enemy in an instant, and betray you. On the other hand, I assume that these business partners are good businessmen as well, so if one ran away, the other can just rebuild his business, start from scratch on his own since he knows what to do already.
Ohhh I remember one small business that I had with my relative. I will just share it here. We tried to build a small business. At first, it was a profitable business, and we are profiting big, but that profit didn't last for even a month because after 3 weeks, he used all of the money that the business had to buy some vices for himself. Unfortunately, I'm not the one who's holding the money that's why it ended up as a loss.
that is what is feared when doing business with relatives or close friends, if without good financial management then destruction will come with great possibility because there is no shame or respect for thinking it is a relative or close friend.
actually there shouldn't be any family or other emotional relationships in doing business, many things must be separated in order to run a business well although there's nothing wrong with building a business with the closest people but the risk of losing close friends and family is the most severe risk you will face.