If you've hired your spouse, I hope that it's working for you. It didn’t work for me. I discovered things about both of us that I wish I had considered (or known) beforehand. I'm not saying that hiring family doesn’t work. It can and does. In fact, I have two members of my family who work for me now. However, the process of hiring them, the on-boarding process, and the review … [Read more...]
Working With Relatives: It’s Tricky Business
Guest Post by Carol Frome (learn more about Carol at the end of this post) Working with relatives has its appeal, especially for startups that may not have a lot of cash flow. No one other than a family member is more likely to work for future profits, rather than for immediate pay. But employing family members is a strategy that is also fraught with hazard. For example, in … [Read more...]