The Art Of Entrepreneurship

Hiring Friends and Family


Listen Later

Would you hire a friend or family member? In this episode of Startup Survival, we’re tackling a controversial topic as I share what I’ve learned from mixing business and personal relationships. 

One of the benefits of being an entrepreneur is that you can hire the people you want to be around. You’re also in a position to help others who you know would benefit from the experience and the paycheck. Sometimes the partnership is fantastic; with strong boundaries in place, you can both grow professionally while becoming closer personally. Other times (possibly more often than not), it could lead to tension both in and out of the workplace. 

So, should you hire friends or family? It depends! At the end of this episode, I share the questions you should ask yourself when considering whether to hire someone close to you. 

Episode highlights

1:33 I’ve continued to work successfully with a friend thanks to the really strong boundary he established between the business and the personal relationship. 

3:19 I’ve also mixed business and family with poor results because we failed to discuss whether it was a good idea and whether it would serve us both. 

4:10 Yes, this is a mistake I’ve repeated: in another situation, I was trying to do someone a favor I didn’t really think it all the way through or I would’ve realized it was  unlikely to go well. 

6:09 There are some very important boundaries and questions that you have to set up for yourself if you’re considering hiring a friend or family. You have to dig in to understand what your motivation is behind the decision. 

More about the show: ​​www.jackiehermes.com/podcast

Hit me up!

LinkedIn

Instagram

TikTok

Website

...more
View all episodesView all episodes
Download on the App Store

The Art Of EntrepreneurshipBy Jackie Hermes

  • 4.9
  • 4.9
  • 4.9
  • 4.9
  • 4.9

4.9

160 ratings


More shows like The Art Of Entrepreneurship

View all
The Bill Simmons Podcast by The Ringer

The Bill Simmons Podcast

29,981 Listeners

Up First from NPR by NPR

Up First from NPR

56,007 Listeners

The Diary Of A CEO with Steven Bartlett by DOAC

The Diary Of A CEO with Steven Bartlett

7,916 Listeners

Conan O’Brien Needs A Friend by Team Coco & Earwolf

Conan O’Brien Needs A Friend

59,270 Listeners

A Bit of Optimism by Simon Sinek

A Bit of Optimism

2,170 Listeners

SmartLess by Jason Bateman, Sean Hayes, Will Arnett

SmartLess

57,734 Listeners

The Mel Robbins Podcast by Mel Robbins

The Mel Robbins Podcast

19,791 Listeners