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Old 01-12-2010, 10:05 PM   #60
budw38
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Join Date: Mar 2006
Location: Northern,Va.
Posts: 2,706
Re: start your own business

Quote:
Originally Posted by SmootSmack View Post
I co-started a media company a few years ago and I learned two key lessons

1. Good friends don't necessarily make good business partners
2. Bad business can ruin good friendships

In spite of that though, I was able to get the company to the point that we were having serious discussions with a similar company to merge and I would stay in a managerial/ownership role. But as those talks lingered ESPN came calling and I took that opportunity...a couple of years later that company was bought by ESPN for a few million dollars. Yay me...sigh
Working with friends / family can be very tough . Hope you end up making big bucks SS , you do a great job on this site ! If I start a business one day , it would probably be a gym or martial arts studio . Good luck to those of you on here that have ... or are starting a business !
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