Re: Husbands/Wives/Boyfriends/Girlfriends,etc… - Posted by SueC
Posted by SueC on February 06, 2001 at 14:13:54:
Carey, my husband is willing to go in on investing with me, as our full time business together, and I can’t believe it. He is already asking me hard questions, and asking for details, information, materials, to show him that this REI will work, and HOW it will work. He is probably the toughest partner I’d ever want. I tend to just do a seat-of-the-pants routine with investing, where he is much more thorough, detail oriented, and straight-forward about “Where’s the profit coming from?” While I might disagree with him, I know his tough questions and cold eye will make our business thrive!
My point here is: Education is the only way someone will understand something they aren’t familiar with. Your enthusiasm, and YOUR knowledge, is not enough. you have to show them. You can do it with a business plan, or by giving your partner information from this site, or other things to make your answers real, and not just seem like “hype” even though in your own head you know how it works. You have to make the knowledge materialize so that the other person feels that they know enough to become comfortable.
My husband asks me the hard questions, and this is a great opportunity for me to ask myself whether I’ve thought of that too! So, HAVE you thought of what you’d do in the event a deal goes south? IS your home and business protected legally? Use it as an opportunity to take steps to make you both more secure about your decision making, and therefore to make your business stronger. It’s not a guarantee that you won’t ever make a mistake, because you will. But at least you can assure your partner that their voice is being heard, and you can take advantage of the chance to make both your business and your relationship stronger.
Good luck!