Women’s Wealth: The Middle Way®

A Balancing Act: Starting a Business with your Best Friend

August 8, 2018

Typical business advice often warns people not to start a business with their best friend if they want the company -- or the friendship -- to last. When a Harvard Business School professor studied over 10,000 startups, he found that the least stable teams were friends, with a founder turnover rate of 28.6%, higher than teams of virtual strangers. But Meghan Patke and Lisa Strangis have proven that with a shared passion and respect for each other, you can balance the friend and business partner relationship. Tune in as Susan sits down with Meghan and Lisa to discuss how they collaborated and compromised to make the business and relationship work.

Join us every other week on “Women's Wealth: The Middle Way,” a radio show aimed at helping women navigate questions about work, money, and family. You can find us on http://www.womensradio.com/author/lhurd, and https://womenswealth.podbean.com, on the SoundCloud Apps for iPhone and Android, https://soundcloud.com/womenswealthmiddleway and Spotify. See you in two weeks!