Episode 80 - How to Start a Business with Friends and Family

In the latest episode of the 'Create Your Own Economy Podcast', host Bunmi Ajibade delivers valuable insights on the complexities of starting and running a business with friends and family. 

The episode navigates through the necessary considerations for maintaining professional dynamics when merging personal relationships with business endeavors. Key points covered include the importance of setting clear expectations, determining the right fit for the venture, and the significance of a meticulously written business plan.

Additionally, Bunmi  emphasizes defining roles, creating an exit strategy, and the crucial protocol of communication for business success. Furthermore, the distinction between personal and professional spheres is highlighted to establish a thriving environment.

 

Are you ready to take control of your destiny and pave the path towards financial freedom? Enroll in my interactive online course where I dive into the vital fundamentals of becoming a thriving entrepreneur https://clarolegr.com/create-your-own-economy-foundation-course/

 

Key Moments: 

00:10 Key questions for successful business partnerships.

03:20 Define roles clearly to ensure business success.

06:51 Exit strategy crucial for business success through communication.

12:03 Value friends and family support for success.

 

About Bunmi - 

Bunmi Ajibade is the CEO, Executive Trainer, and Coach of Clarole Growth Resources, LLC. She impacts the lives of individuals, groups, and corporations through Coaching, Training, and Mentoring. Bunmi’s strategies include Creating Awareness, Clarity, and Navigating to be more and do more to achieve success. Through her love, passion, care, and empathy, Bunmi has helped her clients navigate, gain clarity and find solutions that will make them live their best lives and become successful. Bunmi has organized workshops, Seminars, led Leadership discussions, and conducted one on one coaching sessions. Bunmi is happily married and raised three successful sons. She resides in Texas, USA. 

 

How to connect with Bunmi Ajibade: 

Website: https://clarolegr.com

LinkedIn - https://www.linkedin.com/in/bunmiaj/

Facebook Page - https://www.facebook.com/Clarole14

Book a call with Bunmi - http://clarolegr.com/meet