Bizcoach Dianne
October 12, 2006, 12:25 AM
You are wise to recognize that even though you and your sister share a great relationship, it's not the same as a business partnership. That nawing feeling you have is there for a reason!
Gerald, you sister has shared more than you realize and you would be well-served to read between the lines.
No doubt they are under a lot of pressure and it's easy to see why you would want to help in any way that you can. However, steer clear of a business deal as that has no good ending in sight.
If you want to help them, go out and make more money yourself and then save yourself a headache and give them a gift. But don't risk what you have worked so hard to accumulate. They may be great friends and relatives but there are signs that they have poor financial habits. You can bet those would be carried over into any business deal you set up. Financial pressures can lead to amazingly poor decisions.
Think of it like being on an airplane and the oxygen masks drop down. You can't help anyone until you help yourself first - and that's the instructions they give on each flight: put on your own mask first.
You sound like a good guy, Gerald, and a great brother. Put on your own mask first. Then you can help them without risking your own financial future.
Hope this is helpful!
Take care,
Business Development Coach Dianne
Gerald, you sister has shared more than you realize and you would be well-served to read between the lines.
No doubt they are under a lot of pressure and it's easy to see why you would want to help in any way that you can. However, steer clear of a business deal as that has no good ending in sight.
If you want to help them, go out and make more money yourself and then save yourself a headache and give them a gift. But don't risk what you have worked so hard to accumulate. They may be great friends and relatives but there are signs that they have poor financial habits. You can bet those would be carried over into any business deal you set up. Financial pressures can lead to amazingly poor decisions.
Think of it like being on an airplane and the oxygen masks drop down. You can't help anyone until you help yourself first - and that's the instructions they give on each flight: put on your own mask first.
You sound like a good guy, Gerald, and a great brother. Put on your own mask first. Then you can help them without risking your own financial future.
Hope this is helpful!
Take care,
Business Development Coach Dianne
