The "nightmare" of building a business with your spouse

From Backable · 24:19

Show by Tim Krotiris

K and Lana started their first company while they were dating, and most people thought it was a very stupid decision. Twenty years and several companies later, they sit down with Nigel to talk honestly about working with your spouse - what it costs, what it gives, and the rule that has kept work from coming home. In this episode: - Lana was 22 and TK was already running his own business - and the risk of sliding from equals into teacher and student - The rule they set early: a problem at work doesn't come home, and a problem at home doesn't come to work - What Lana's mum told her four months in, once the money started coming in - Lana asks TK whether he'd work this hard if he wasn't doing it for her - What to do when a partnership is struggling: accept you're not right, and keep recalibrating to the person Chapters: 00:00 How do you not kill each other? 01:17 We started our first company dating 04:43 Working with your spouse: the rule 08:27 You are not the business 10:34 What Lana's mum said four months in 12:51 Nigel's view from the ground up 14:49 Would you work this hard without me? 16:58 When a client was rude to Lana 19:16 Step one: accept you're not right 21:04 Month one vs year 11 of marriage Free scorecard - The Partner Check: ten honest questions on whether the business is coming home with you, plus a 20-minute check-in to run together: https://backable.ai/partner Watch on YouTube: https://youtu.be/sJQwWjQlWoM Backable is active business intelligence that works before you ask - a membership for small and medium business owners: https://backable.ai/?via=backablemedia Hosted by TK (Tim Krotiris), CEO and co-founder of Backable, Lana (Elana Harari), co-founder and COO, and Nigel Walton. Relentlessly loyal to business owners.

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