Do you trust your business partner?

United States
August 19, 2009 3:38pm CST
There was an advise from my friend, when you trying to start a business with somebody, never trust anyone. You have be careful, and open your eyes if you see anything wrong. I believe so, even your closest friend. When it comes to personal profit, they might do anything to harm you, scam you. I was trying to start a business with a friend of mine, but I really don't know if I can trust him with it. Since he will be responsible for the financial process. What is your advise here if you try to start a business with someone.
3 people like this
5 responses
@kircho (493)
• Bulgaria
19 Aug 09
Trusting your business partne ris the first part of your business way to the top. The relationship between you and him is the most important thing and you need to be sure that it is really good. By the way, there are a lot of people that look only for themselves, so according to me "making online business" is better to be done alone not by a group of people.
@thea09 (18305)
• Greece
30 Aug 09
Clorissa my dear, you must listen to your friend in this instance, I mean you've always been so careful recently about saving up all your money and not spending it on those silly expensive coffees anymore, that I'm suprised you're even thinking about trusting anyone else with your money dear. You don't need someone else to look after your money dear, you need to do that yourself as I've told you before.
@hsofyan (3446)
• Jakarta, Indonesia
19 Aug 09
I agree with the advice of your friends. Starting with 100% does not believe, until you prove that he can be trusted. May become the next 90:10, 80:20, and so on.
@akuler (3531)
• Malaysia
19 Aug 09
Hi clorissa, It is important to trust someone if we want to work with them. Without trust, you will never have a good night sleep. BUT you can't trust them 100%. Sometimes you even can't trust yourself 100% that you do the right thing. You should check their activities too and see how things work. It is not because you don't trust them but merely to make sure everything in the right place. If anything wrong, you should rise the question politely. You should always try to communicate with him regarding your business. If you didn't know anything about accounting, you better learn some basic things. It is very important in business. Good luck and have a nice day.
• United States
29 Aug 09
Some people say your business partners will always crew you. Others say watch for the person who is afraid of getting crewed because they most like will do it themselves. I usually trust people until they do something that causes me no longer to trust them. The only advice I can give you is take a close look at your friend. What are his believes in right and wrong. Look at the little things. For example, if your friend is late for work for five minutes will your friend leave on time or will your friend make up the five minutes. If a cashier rings something up for less then the true cost will your friend point it out to the cashier? How helpful is your friend to others. Look at these things and it will help you.