MADE Maven Special Women's Issue April 2018 | Page 36

MADEINC
DO'S & DON'TS
OF
collaborating WITH A FRIEND
MADE BY KRIS CHRISTIAN
So you’re
talking
with a friend over
cocktails and you
guys come up with
the next million
dollar idea! You
both believe that
if you join forces,
you can take
over the world.
Before jumping
in head first, here
are a few tips on
collaborating with a
friend or loved one.
do’s:
DO share your
short term and
future goal s and
DO be strategic
about the roles
you take on.
communicate often.
Begin with the end in
mind. Getting on the
same page about the
short and long-term
goals of the company in
the beginning can save
hard conversations in
the future about the
direction of the company.
Although your goals
may change and evolve,
understanding where
you both stand brings
Each party should
bring something unique
to the table that is
complementary to the
business. Be sure to
clearly identify your
potential roles and
responsibilities before
agreeing to be partners.
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