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Should we do business with our close friends? For example, establishing a company.

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Dong Tran  Dinh's picture
1309776436

Doing business with close friend is not always happy because of some emotional decisions. Anyone has experience with this case? Please share. Appreciate!

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  • Chris DangTran's picture
    Chris DangTran
    1311337375

    Best Answer

    Doing business with friends can be tricky. But, depends on the relationship. TRUST is the keyword.
    Even with friends, you need to be clear on all the legal issue. In general, we said friend we dont need anything else than words and its wrong. My have a partner in the US and I know him more than 20 years, and its fine to be a partner with him. Also one of my biggest client in San Francisco, he is a CEO fo Acme Made company. I knew him when we were in high school. In the last 3 years, I am working on advertising and branding for his company. nothing more than perfect. Friends can be great team to work together. When we work, he is my client and not friends. So it depends!

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  • Trang Tran's picture
    Trang Tran
    1309849178

    Definitely not. Friends are friends, colleagues are colleagues. Those have different problems needing solving in different ways.

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  • Khoi Phan Anh's picture
    Khoi Phan Anh
    1309877537

    I think u should not start business w friends but u can always turn yr business partner into friend. It's a much better way!

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  • Phat Minh Tran's picture
    Phat Minh Tran
    1309923478

    .theo như những gì em quan sát được thì tốt nhất là không nên .nhưng không có nghĩa là không thể .nếu có quy định ràng buộc và phân công rõ ràng thì sẽ mình nghĩ không có vấn đề gì .quan trọng là những cộng sự biết rõ mình đứng ở vị trí nào và sẽ có những đóng góp gì cho cty

    .DN của em là một ví dụ .ba làm giám đốc .quản lý và quản đốc nhà máy là bạn của ba .và DN được thành lập năm 1990 .vậy có nghĩa là họ đã gắn bó với ba em suốt 21 năm trời

    .và trong những bài báo phỏng vấn các cty gia đình, tất cả người chủ đều chia sẻ là nhờ có những bạn và cộng sự trung thành nên cty mới tồn tại đến ngày hôm nay .vấn đề là để tìm được những người trung thành này trong thế hệ này thì thực sự không dễ

    .chúc anh may mắn trong con đường sự nghiệp của anh!

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  • Chris Harvey's picture
    Chris Harvey
    1310642942

    Business and friendship are like oil and water. I try to keep them separate.

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  • Lam Dang's picture
    Lam Dang
    1311759849

    The most important things is that can we have "right close friend"? The right people will be priceless no matter what friends or strangers!

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  • Van Tran's picture
    Van Tran
    1309925575

    Close friends will make a huge boots to your business. The key is you have to put everything into legally agreements and signed papers.

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