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Should You Hire Family or Friends in Your Business?
More Than Just Task Management
17 minutes
1 month ago
Should You Hire Family or Friends in Your Business?
In the early stages of business, it can be tempting to bring in family or friends to help, especially when resources are tight. But is it a smart move?
In this episode, Anna Angelova and Jores Minasvand unpack the risks, challenges, and rare exceptions when it comes to hiring people you’re personally close to. From blurred boundaries to long-term resentment, they explain why this decision can often do more harm than good.
You’ll learn:
The difference between asking for support vs. formally hiring family or friends
Why qualifications, attitude, and cultural fit matter more than relationships
How blurred boundaries make managing and leading much harder
The risks of resentment when family members see your profits up close
Why using temps is often a safer short-term solution
The rare situations where short-term help might work, with clear boundaries
If you’ve ever considered hiring someone close to you, this episode will help you think it through carefully and likely save you from some painful lessons.
Want expert guidance as you build your team the right way? Join the free Visionary Founders Club, the community where small and mid-sized business owners connect and grow together: https://leficomp.com/vfc