7. Personality Conflict – Owners enter into business relationships as friends or at least not as enemies. They perceive by joining forces they can create a successful business to support themselves and their families. Hopefully, these business owners have vetted each other enough to understand what to expect going into the relationship. Have they spent enough time together in discussing and hashing out their business plan? Can the business owners accept who each of them is and the personalities the other owners bring to the table? Don’t jump into business together too fast. But if conflict does arise because of personality traits, consider not only an open discussion but the possibility of seeking counseling from business psychologists or relationship advisors specializing in business.
This post is part of an 8 post series.