Tips on starting a business with your spouse

Starting your own business can help you prepare a better future for your family. However, if you want to start a business with your spouse, there are added complexities compared to running a business alone or with other business partners.Couples find that running a business together can increase tension between them. Since both are deeply involved in the business, the challenges can put a strain on the relationship, which sometimes cannot be avoided.

Before Lyndah and I built GMB, we both were employed. After getting my Singapore assignment, she had to resign, giving up a top position to be with me. And just like any other startup, challenges were shifting from my plan of establishing a restaurant in Manila to other ventures. The 30 Years of GMB were full of ups and downs. But, what is important is that despite all those challenges, we are still here helping aspiring entrepreneurs. It is a huge fulfillment to be part of each of these entrepreneurs’ success. We see all of them as our children -- we were there to guide them and ensure that they go through the right path and learn valuable lessons along the way.

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