Never start a business with a friend.

[Gibiin-Udug]

Im deeply regretting this but I can't back out now. I've invested in a lot of money.

 

[Kaleel]

What did you invest in?

 

[Mercury]

Im deeply regretting this but I can't back out now. I've invested in a lot of money.

Also never rent out an apartment to a family member seen it go wrong many times

 

[Gibiin-Udug]

What did you invest in?

Merchandising business.

But it's looking good now, hope we can keep this streak!

Also never rent out an apartment to a family member seen it go wrong many times

Yes.. That happened to our family, when we rented our villa in Puntland to some relatives who moved from Australia. Smh

 

[Dhiig Sookeeye]

I dont think its an issue to start a business with a friend. However one of the friends has to be the clear leader and principal decision maker.

Obviously with consulting from the other friends. A clear breakdown of profit and possible uses of profit must be clear as well.

 

[lone]

Everything has to be done properly and through a lawyer.

 

[Haji]

I'm curious why you say this, because I have a friend who says he wants to start a business with me. We both go to the same uni, and have been talking about making some kind of tech startup.

what has went wrong for you.