Married To The Boss

All business experts agree on one thing: the importance of having a business plan. Yet plenty of entrepreneurs plunge into the self-employed arena without a formal business plan. Why is that? We’ve heard plenty of excuses posing as reasons. A lot of entrepreneurs, specially married co-founders, are carried away with the idea of starting their own business and figure their passion and optimism are enough to build a successful company. Others say they are just too busy to write a formal business plan.

But operating a business without a plan, regardless of the model, can prove even more time-consuming and costly in the long run. This week, Mike and Mayra discuss the benefits of having a business plan and point you to online resources to get you started.

Couples who decide to combine their work and personal lives into one face a unique set of challenges. Yet, so many choose to jump in feet first without considering those challenges. The reality of every startup is that it's much easier to fail than it is to succeed; specially for married co-founders. So, how do you ensure that both parties are pulling their weight and headed in the same direction?

This week Mike and Mayra discuss the steps you need to follow before taking the leap and highlight the factors behind their co-entrepreneur success.

Being a successful married entrepreneur couple means more than starting new ventures together. It requires an intentional effort from both spouses with the right attitude towards the business and the determination and grit to achieve success. Mike and Mayra offer their formula for becoming an entrepreneur couple with a strong inner drive that helped them to succeed.