Imperial rule If I were to start my own business and have to choose between my husband, my intelligent best friend, and a wealthy person to be my business partner, I would choose my intelligent best friend. I would choose my best friend because they would know their way around the work force, they would be able to come up with great ideas to improve our business, and because I know they will be loyal. However, one reason to not consider my best friend to be my business partner is that they are not wealthy, this making it difficult to begin to start a successful business. It would be difficult because we would not have a solid money foundation to build our way to the top. But knowing my best friend they will come up with an outstanding idea.
The reasons why I made the verdict not to incorporate the wealthy person are because I wouldn’t be able to depend on them, wouldn’t work hard, and they might take the whole business for themselves. A good reason to have chosen them to be my partner instead of my intelligent best friend and husband is they can supply a solid money foundation, thus making it easier to thrive as a business.
The reasons why I made the decision not to include my husband are simply because he doesn’t know anything about the business and what if we get divorced. A reason to choose my husband (if he is my lifelong husband) then I would know for sure he would be loyal.