6 Reasons Why Your Spouse Is Your Best Business Partner
Couples who are considering going into business together are often cautioned against doing so. You might be warned of the personal complications, the conflict of interest or the inability to separate work and love. Of course, these warnings stem from valid concerns, but couples who have succeeded in business together will have a different tale to tell. They will likely boost you up with tales of their strengthened bond and professional compatibility. Ultimately, going into business with your spouse is a gamble, but so is business in general. You should be prepared for any and every potential outcome.
Consider the following six reasons, though, why your spouse might actually make a great business partner. You might be surprised by just how compatible you are and just how successful you can be. If the following criteria apply to you and your spouse, working together might make your bond even stronger than it already is.
#1 You Know Each Other
One of the most important components of working with somebody successfully is getting to know them. Whether you are dealing with an investor, a colleague or a supervisor, your relationship will likely be more productive the more you know and understand that individual. This is one reason why working with your spouse can be professionally fulfilling. You already know them, and they already know you, so the awkward phase of breaking down a pretense is long over with. You can move onto tackling professional goals together. Because you already know each other, articulating these goals will also be much easier.
#2 You Trust Each Other
Understand is important to a professional relationship, but it is nowhere near as important as trust. You can understand a colleague, but if you do not trust them, your relationship is unlikely to ever be productive. When you are working with your spouse, on the other hand, you hand a built-in layer of trust that transcends any professional context. This makes it infinitely easier to build a business together and succeed. Professionals such as Chris Sacca and Chris Sacca’s wife have proven this to be true. Trust is the most important element of any professional or personal relationship.
#3 You Complement Each Other
You and your spouse have succeeded as a couple because you complement each other. Your strengths might compensate for your spouse’s weaknesses and vice versa. This makes your relationship natural and easy. That same complementary dynamic translates into the workplace and makes success in business come naturally, too. You need a business partner who will understand your needs and step up to the plate when you need them to. Who could possibly do this better than your spouse? You can build your marriage by investing in your partner, and you can build your business partnership the same way.
#4 You Know Their Strengths
You know your spouse’s strengths, and nothing makes you more proud than bragging on them. Perhaps your spouse is a master communicator, or maybe they can de-escalate even the most contentious situation. No matter what your spouse’s best qualities are, they are sure to be an asset in a business environment, too. Seeing your partner’s strengths shine in a new context might be just as rewarding for you as it is for them. You can see them succeed in a whole new light, and you can be there to encourage and cheer them on every step of the way.
#5 You Know Their Weaknesses
Knowing your partner’s weaknesses is just as important as knowing their strengths. As much as you might love your spouse, you also know that they are not perfect, and this is important to remember when you are going into business with them. Professionals such as Chris Sacca have succeeded by investing in the right opportunities and making the right moves. Chris Sacca’s wife has provided support alongside him, and together they have succeeded in sustaining multiple business endeavors. This success is the result of understanding your partner’s strengths and weaknesses and doing everything you can to support both.
#6 You Are Mutually Invested
Perhaps the greatest reason why spouses can succeed in business is because of the mutual investment that you bring to the table. You are invested in making your business succeed, but you are also invested in strengthening your marriage. The intersection of these goals can make for a powerful duo and a dynamite professional force. Working together can strengthen your personal bond, and your personal bond can strengthen your professional bond. The combination of your strength and wits will likely make you two a force to be reckoned with, and your investment might see some impressive returns.
These are just a few of the reasons why working with your spouse can be a great idea. If you are considering it, consider whether your existing relationship is strong enough to withstand additional stress. If so, you could become closer through the process and find financial success, too.