Post
Topic
Board Economics
Re: Concers About Going in Business with a Friend
by
Viscore
on 15/05/2023, 11:50:15 UTC
Many years ago, I heard the story of a man whose business partner did dirty. They were business partners for almost 5 years and the suddenly the business partner left with company's money. Even after several years, this man didn't recovered. He ended up sounding it as a warning to his kids never to go into business with anyone. The trust was destroyed and never recovered. This is just one of those sad stories.

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.

As you have said their many people that do join business with their friends and both due succeed  without betraying each other and are also many to that did and betrayed. we should know that all human beings cannot have perfect mind and with that they can't be all truthful.but all it requires is trust, once you are able to study your friend well and found he/she with truthful character and you believe it will be very hard for someone to convince he/she away from the truth line,why will I be afraid of doing business with such person?as for me i believe much about many friends I have because their character toward make me, make me believe much in them that they can't betrayed me on any way but they may surely be some among them that may have bad mind ooo but I never witness that habit from them any of them because I don't make much friends and even before we agree on any business there are will be agreements between both of us.some people say trust nobody, but we need to trust some one in order to make some our ways easier.
I have to agree with this. We don’t need to take our ventures alone if we have some trustworthy friends that we can rely all the time. If I were to build a business with my friends, I think that would be easier for the business to prosper since we are both working for our business to grow and yield high returns. However, we should  always chose those real friends from fake friends. But if you have been dealing on that person for a long time and you know each other’s personality and family background as well, then there’s no reason that you can’t give your complete trust to him and make him as your business partner.