The Startup Chat With Steli And Hiten

In today’s episode of The Startup Chat, Steli and Hiten talk about a favorite topic of Hiten - doing business with friends. Doing business with a friend can be a tricky one. If it’s not managed properly, you could end up with ruined relationships or worse, a failed business. In to this week’s episode, Steli and Hiten share their thoughts on what you should do if you want to do business with a friend, how to manage the relationship so that you don't ruin it and much more. Time Stamped Show Notes: 00:00 About today’s topic. 01:13 Hiten’s reaction when Steli suggested this topic. 02:33 A lesson Steli learned recently. 04:48 How Steli improved his business relationship with his friend. 03:53 Why you need to make time for both business and friendly relationships. 07:33 Why you have to be willing to talk. 07:45 Why friends don’t make good business partners. 08:21 The number one mistake to avoid when you do business with friends. 08:38 Why nothing should be too small to bring up. 10:36 Why discipline is so important