Hannah HammondFounder & CEO, HB Capital & The Firm RE · CEO of HB Capital | Helping CRE Developers & Investors Fund Deals Nationwide | Host of The Hannah Hammond Show

Learning how to be in business with your spouse is not easy but it is possible! #Business

Name: Learning how to be in business with your spouse is not easy but it is possible! #Business
Uploaded: 2024-06-02T18:15:59+00:00
Duration: 31 s
Channel: Hannah Hammond
Description: Hannah Hammond on running a business with your spouse: professional roles like CEO and CFO can bleed into home life, and if the partnership fails, you…

2 Jun 2024 · 1 min

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Hannah Hammond on running a business with your spouse: professional roles like CEO and CFO can bleed into home life, and if the partnership fails, you risk losing both the marriage and your money. She recommends keeping separate identities and roles to protect the relationship.

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To be in business with your spouse, it's very hard to turn off the CEO or the CFO and turn on the spouse. And it's just like you become business partners, and then if it doesn't work out, someone loses everything, maybe both of you, maybe the business disintegrates. Maybe someone gets it and the other person loses everything, which in my case, I just walked away in both cases because I just wanted to wipe my hands clean. And the best thing for your relationship probably is to not do that, or even if you work together in business, still have your own separate identities in the business, so you're not risking everything in that now.