The "nightmare" of building a business with your spouse
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S1 E147

The "nightmare" of building a business with your spouse

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Let's talk

about the nightmare

of building

a business

with your

your wife.

Let's go.

Let's

be cheaper

than therapy.

Debatable.

People are

always asking us,

how on earth

do you spend

24 over

seven together

and not want to

kill each other?

if there's a

problem at work,

it doesn't

come home.

And if there's a

problem at home,

it doesn't

come to work.

Easier said

than done,

by the way.

you can

basically kill the

you can kill

the romance

pretty quickly.

This could be awkward

if this sparked

a fight.

would you

be not obsessive,

but work as hard

as you do

if you weren't

doing it for me?

What's it like

working with

your wife?

It's wonderful.

Really enjoy it.

And on next

week's episode.

People are

always asking

us, how on earth

do you spend

24 over

seven together

and not want to

kill each other?

You know,

being a bit tongue

in cheek here,

It is

an interesting

question because

I suppose

we've done it

for so long now.

It's just become

our life

of building

companies together

and and juggling

between what

others would see

as work

life and home life,

which we probably

should

discuss with.

I would really see

a different

differentiation

between work

and home life.

It's just life.

But we should

talk about

building a company

together.

We started

building

our company,

our first

company together

when we were

dating. Yes.

So,

that was looked

at by probably a

majority of people

are being

very stupid

decision.

You were

working full

time at

a very

large company,

doing very well.

Go back there like

at that stage. Why?

Why the shift?

Why take the risk

and how to be

enough here?

Yeah. Thankfully.

Good at on.

I think if we just

bring it back to

that question of

what is it

actually like

working together?

It doesn't

really matter

where you've

come from.

I was at a very

big organization.

I didn't

particularly

like it that much,

so I was

very open to

working together.

You'd always worked

for yourself

in your

own businesses,

so for you,

it was on.

It wasn't anything

new that you

were working

for yourself.

I probably had.

Double edged sword,

but in a positive

way.

So I started

the business

with you,

but also by myself.

So

I had your support.

So I wasn't alone

in that respect.

But also we

were fairly early

on in our

relationship.

And so

those lines

have been blurred

all the way

through.

Yeah.

From the very

beginning to

now that

there is no

work in home life,

it is one

and the same.

So I don't think

either of us

really know

the difficulty

of working

with a partner,

because we've

always done it.

Yeah,

I think

the particularly

the in

the early stages,

the balancing

act is

you're in

a relationship

that's obviously

the, you know,

very fun

part of the start

of relationship

where everything

new, exciting

and you're

doing things,

but also then

putting a business

on the top,

like there's

excitement around

also having

a project.

And obviously

we're getting

fairly serious

because you don't

want to commit

to something

that takes a lot

of hard work

if you're not sure.

I think deep down

maybe I'm

speaking myself,

but it felt like

there was

a future there.

It was sort of

that was

also a decision of,

well,

we're enjoying

spending time

together

and it's growing.

We want to

start thinking,

even though

it wasn't

sort of

verbalized at

the time of,

you know what

this could be,

but it's a

big commitment

to actually be

in parties

together.

And we at the time,

as you said,

kept your company

separate

because it

was your company

and you needed to.

But that's

probably,

I think,

the early part,

the hardest

part was,

you know,

how do you

you and you

to running

your own business.

I'd done it

for a while.

How do you

not move

from a relationship

of equals to a

with all

a better word,

a teacher student

relationship of,

you know,

you can kill

the romance

pretty quickly.

And shifting

the dynamic

of a relationship

of equals

to you're growing

something

that someone's had

more experience in.

I think that

was difficult.

Not difficult

to start,

but something

we were probably

aware of

or I certainly was.

We

definitely worked

hard on that,

which was

because you had

so much experience

in business

and also in

life, you.

Seven years

older than

me and at the time

I was 22.

And so

that was something

that we

definitely worked

extremely hard on.

And a lot of people

probably think, I'm

just going

to start

the business

with my partner

and everything's

going to be fine.

We had a lot of

very upfront

and very

honest

conversations,

and

not in a bad way,

but there was no

real emotion

in them.

They were

this is what

we're doing,

and either

we're all in

or we're not.

And there was

no good

or bad to it.

It was just

where this is both

what we believe.

Are we both

on the same page?

And if we are,

if there's

a problem at work,

it doesn't

come home.

And if there's a

problem at home,

it doesn't

come to work.

Easier said

than done,

by the way.

It's like

it's easy to.

Hence we

worked hard

on that.

But also

it's I

think because

yeah, it's

that it's

the working

hard of, hey,

how do we

communicate

differently

in the

professional way

when you start

getting stuff?

It actually became

a lot harder

because you can't

just have

conversations

all the time

in front

of everyone.

We also,

I think

what you said

then was probably

really important

that we made

a decision

how important

the business, was.

We were doing

it seriously.

So every time

we discussed it,

we both having

mature enough

to call it.

It's a matter

of fact,

not an opinion

on the business.

Like we're just

talking things

that are

actually doesn't

have that

much meaning.

It was we're trying

to get this project

and do it well.

Why is there

a motion around?

I think both of us

are probably fairly

emotionally

mature around

things

that don't

really have

a lot of,

what do I call like

a lot of

I don't want to say

you don't care

about your business,

but when it's

all said

and done, it's

the least

important things

in the life.

Like people,

family, friends

and all that.

Like you're

fighting so vividly

over a business,

what are you

actually care

more about?

So I think for us,

both of us

had sort of felt

like we were always

arm's length,

even though

we differed

in opinions

and many things.

But we didn't

really fight over

who's right

or wrong

in the business.

It was just more

a matter of

I know

from my

point of view

some of the things

that I'd

already

experienced,

some frustration

of having to

go through them

again, knowing

that's exactly

the wrong thing

we're going to do.

But, you know,

everyone has to

learn these things.

And I had

my company

at the time

as well,

so it wasn't like

full time,

but it was

difficult at that

at that

time, seeing,

I guess, the speed

being affected.

That was my

biggest challenge

of trying to help

is something

I've seen,

but actually

trying to

help with

giving advice

is not the best

in an

early relationship

either. And it is.

It was.

Disproportionate,

our experience

in it,

and as you talk

about it,

was not

student, teacher,

but in the business

world, it

definitely wasn't

the word

that has come up

multiple times

here, which I think

has a huge impact

on working with

whatever

partnership it is,

is maturity.

So regardless

of my age,

I was quite mature,

but I was very

immature

in business

and so

there was a lot

of stuff.

Inexperience.

Yeah,

there was a lot of

lessons I

had to learn. And

for your

credit,

you actually

let me learn them,

much to

the detriment

of your sanity

at times.

Which

what is it

like working

with your partner

if you're both on

the same

page is great,

but if you're

not willing

to have

those discussions

without emotion

and without

maturity.

And what I mean by

that is

if you guys have

a blow up at home,

you do not

get to bring it

into the workplace

because that's

immature.

And I think if you

can't do that,

and a lot of

a lot of couples

probably

experienced

this during Covid

is they were

working in

proximity

with a loved one,

and therefore

they never got

the break

from the loved one

to have their

personal life

personal.

We get no time

to recalibrate

or get distance

from

an emotional situation

because everyone's

locked in

particular. Yeah.

And so you

and I have been

through that

for 20 years,

which is

emotional maturity

around work

being work

personal,

being more

important.

So

when stuff comes up

that is annoying

or a problem,

the ability

to turn around, say

it actually

doesn't matter.

And I'm I'm able to

let it go.

And I think that's

what you and I

probably worked

the most on

was letting

stuff go,

even though

you really wanted

to hold on to it.

Yeah.

And we

the big thing of

learning was,

you know,

we had a manager

at the time

that you are

not the business

by the US,

which is

things happening in

the business

are not happening

to us.

That's a byproduct

of what

we're growing,

that we can't

be emotionally

affected

by all the nuances

and changes in

a company,

and then expect

to have any form

of sanity

or enjoyment

of our life

because it

will become

all encompassing.

I think that's

really important

for those

because you hear

this phrase,

never do business

with family,

never do business

with friends.

And generally

that my

experience is,

it's one of those

sayings

like curiosity

killed the cat.

It sort of works

if it works

for who you are.

But actually,

curiosity

was the mother

of all invention.

it's the way

to evolve.

the key

to innovation.

It's

that curiosity.

But most

people get what

curiosity killed

the cats like.

Well,

you should never

do business

with family

and friends

and the fortunes

and things

that have been made

by family,

businesses, people

doing things well.

They don't

listen to

the rubbish

and rhetoric

that's come out

until you

experience

yourself.

If you have the

right combination,

which we've

found of

we work

particularly

well together,

I think,

and I can

only speak from me,

which is Alina,

is an

extreme reason

that we've

been successful

and probably

the missing link

that took

my business career

to another level,

for sure.

And so for me,

it's only

been something,

albeit

at this

point in time,

she may

want to stab

but the experience

of that

has probably

20, 40, 100 folded.

What I would have

done individually,

and the enjoyment

of it

had probably 10,000

fold it.

Now that's the

by product

of the story.

You don't

hear a lot.

It's become

our life

and the enjoyment

of building

something together,

albeit to stress

all the time

of building

companies,

selling companies,

growing companies,

you know,

it's almost in the

two attics now

doing it.

But the reality of

it is

it was a

fundamental shift

for me.

Liner bought me

a missing piece,

I think,

in my

business career.

So for me

I'm forever

grateful of that.

But it's others

who don't have

that don't have

the right

combination of

that.

It's a

nightmare scenario

to be. 100%.

And on that point,

I still

remember less

than four months

into the

business of us

doing it together.

My mother

sat me down

and said,

you need to

remember that

you would not

have any of this

if it wasn't

for Tim.

And to

things were working

really well.

Money was coming

in,

it was all working

and anyone

could see

it's great.

And that's

really nice

of you to

say about me,

but I wouldn't

have anything.

I wouldn't

have learned

what I've learned.

I wouldn't

have been able

to build.

I build

without you.

And I do think that

when we talk

about partnership

in any format

and in this case,

Nigel

has also been

heavily involved.

Yeah.

Really is the,

I don't want to say

Third World.

You know,

everything that

that crew

for a long time

and that's

helped me like

Nigel is family.

question.

it's these things

that we've got

this combination

of being able

to keep each of us

sane and also,

I think, grounded

in terms

of the things

that are

most important.

But for us, that's

a curated,

rare combination

that I can't say

is replicable

because I've only

got it in my life.

But if you're

choosing this,

the power

of having people

you trust

with your life

that you can rely

on, that you

can bank on it.

And I'll say,

this is not

all rainbows.

And you know,

you know,

whatever the saying

is, it's

we've gone through

some really

difficult times

outside business,

inside business

doing all this,

and we're

still here.

Now,

I don't know if

it's a survivor

syndrome type thing

or whatever it is,

but the reality

of it is

when you're around

people you trust

and love

and you're

building

things that you see

or you find

fulfillment in,

you find enjoyment.

I look forward to

coming to work

even in the worst

time,

because of

the people here.

Now,

what would you pay

for that

in any other aspect

of your life?

And so to

me, that investment

all the time

is unbelievable.

But it also allows

you to be bolder

because you feel

more relaxed

when it goes

the other way.

And you don't

trust your

partner 100%,

or you don't

love your wife

100%,

or you don't

see a future.

Because I think

if I spoke to

both you guys,

can you tell me

if I'm wrong?

We have always said

the friendship

and the marriage

is still

the priority,

regardless of how

frustrated or angry

are with things

that have happened

or have happened.

You know,

you have to have

a grounding thing

higher than

the business,

which is

some people

don't have that,

especially when

money starts

coming in

and doing things

like that.

It's not the same.

You know,

they start seeing

that as well.

I'd rather have

the business

than the person

I don't know if.

What's your

perspective on it?

You've seen us

from the ground up

and you've

been part of it

from the ground up

in many iterations

of all of us

working together,

what have you seen

or what's

your insight

into it?

I've seen for

you guys

a transition,

particularly around

communication

from those

early days

and it was a real

turning point

when when loud days

hit, a certain

number of staff

I saw you went from

communication

is important

to communication

is the only thing

we need to

work on now.

So I remember

there was a day,

there was a

clear separation

a home conversation

and business

conversation.

And it was from

that point on it

really changed

the way

that you're

interacting

from there.

it's a question

that I kind of

want to ask

you guys

I've always been

in business

to work

with you guys

and to deliver

for you guys.

Would you,

do you think

work as hard

as you do?

If you are a

solo founder?

would you have gone

as hard

and taken

as many risks

if it was just

for yourself?

I don't think so

because we are

a positive,

negative influence

on each other,

which is

you can always

go harder,

you can always

go faster,

you can always

push it

that little bit

extra

if you're working,

I'm working.

If I'm working,

it's always

that thing of,

well,

did you

get the work done?

You always have

got an

accountability.

Even though

it's not

an accountability,

it is.

The business

is being built

for the life

that we want,

and so we always

are pushing

each other

in a good way,

even if

we say rest.

So I don't think

I personally would.

I want to say no,

but it would be yes

because I was doing

it as well before.

And I,

I think it's part

of having

an obsessive

compulsive

focus on things

like when

I get involved

in something,

whether it's

learning to

play sport or doing

that, I'm generally

it's an

obsession, like

there's

nothing else

I think

about outside.

Like I'm

always thinking

about work

or sorry,

not at the cost of

thinking

about family,

but I'm saying

it's it's

never gone.

It's not like

I see it as a no.

But can I ask then,

would you

be not obsessive,

but work as hard

as you do

if you weren't

doing it for me?

I think I would

allow things to

slip in areas

because I

wouldn't care

about

the ramifications

myself

as much as I care

about it.

For you guys

particularly

obviously Lana,

but Nigel

being part

of that

conversation.

So the discipline

around outcome

is far

more, focused

being with friends

and family,

like when you're

when you're loyal

to people,

which is one

one of my driving

values,

loyalty is you.

You feel

a obligation

to try and deliver

the best

possible outcome

to your friends

and family

now when they are

part of

the business.

Absolutely.

It's completely

different now.

It's it's hard

because that

also creates

a pressure

that you probably

don't have

when it's

not friends

and family,

you give

a distance

to yourself.

we're enjoying

building a

family business

and we're close.

One of the byproducts

is, is

there's probably

if I looked at it

with a

different hat

on, there's

probably a

major disadvantage

of being able

to distance

yourself

from making

decisions faster

or doing things

because you do

think about people

before people

for process, people

for decisions.

I probably

if we

weren't involved,

probably it

would have made

different decisions

over the journey.

That's not

the same as

not done

a good job.

But you think

about things

differently,

more as a

chessboard

and playing versus

I know

I've got an

emotional weak spot

when it comes to

people in

the company

and doesn't matter

what happens

because I

it's just who I am.

And I just,

I needed to

accept that.

I know,

I know, I

wouldn't behave

the same way

if I didn't

have the

emotional attach.

So that's the

the advantages

we spoke about.

But actually

the disadvantage,

the some

disadvantages.

It's different

Blindspot

on what it means.

I've just got

to be aware of it

a lot of the time,

because I

constantly have

to ask myself

the question

is, am I

seeing through

the care love

I have

for these people

versus

they're just

a shit job

right now

or later on person

do this job

or am I?

Which is

the other thing.

And so it's

I've also told you

a client

was rude to me

and you wanted

to pick up

the phone

and fire them. So.

You know,

it's like,

you know, clients

being rude to,

you know,

to Lana or Nigel.

It's like, well,

fuck them off,

like versus.

Well,

if you're a CEO

looking at

something like,

you've got

to start looking

at the situation

from both sides.

So I have to

acknowledge a bias

I have towards

loyalty to them,

to my friends.

But, you know,

I come

to peace

with that ago.

And if I'm making

long decisions

because it's

based on the care

I have

for the people

I love,

I'm good with it.

But so what?

That's,

you know, to me,

that took a

while to

calibrate that.

I thought

I could be

more balanced

in the way

of running

a company,

but I just

realized there's

no chance I can be.

I've just got to

understand that

I'm going

to make mistakes

based on that bias,

but I'm

prefer to be

that person

than the other,

so who cares?

So then, advice

for working with

partner loved one.

My advice is it's

been for me

the most

transformative,

enjoyable journey

I could have

wished.

And I would

have not

changed a thing.

But

you have to know

who you are

and what you stand

for to

make that work.

Because if you're

not quite sure

and you you.

I don't gamble with

friends and family.

Others

I've seen do.

And I've seen

the price

that I thought

someone

would gamble

with their friends

and family

being a lot

lower than

I expect.

And so

that's the thing

that's always

surprised me

when these type

of situations

go horribly wrong

is literally how,

like how

someone would

blow up a family

and over ten grand

or something

so stupid and that

and they

don't consciously

do it at the time.

But at the end

of the day,

when you

you do

something, it's

such a

minuscule thing

that's so built

with emotion

because you're

in this pressure

cooker for so long.

You're like,

oh my God, you lost

20 years

of a relationship

over something

that if

you looked back

20 years and said,

we would have

never fight,

you never

would have.

But it's the

compounding things

you need.

And so that

that is the

fear around being

when it

when it is

tough in a business

that you

actually have

to really

know yourself

and what's

your priority

and make

sure that even

at its worst,

are you still

are you still

making a decision

based on who

you are

as a person?

I think that's

the challenge

a lot of people

don't have.

I don't know,

what about you?

Yeah.

It's okay.

What advice

or specific things

would you tell

or give

to a partnership

that is struggling

at the moment?

How do you write

that course?

What I was going

to say,

beyond being funny,

which applies to

this, is

beyond hilarious.

The first

the first step is

you're not right

in the partnership.

A lot

of partnerships

in the breakdowns

and all that stuff

is your assumption

that you're right

and the other

person is wrong,

that you did it

right

and they did

it wrong

and they did it

against you,

and you did it

for you, right?

You did it

for them.

And it's

this assumption,

almost this

egotistical of it's

all about me

in a partnership.

It actually has

nothing to do

with you.

It has nothing

to do

with

the other person.

If you do

something to him

that I disagree

with,

you're not doing it

against me.

You're doing it

for what

you believe

the business needs.

You're not

doing it for you.

You're doing it

for what

the business needs.

I think

it's taking that

step back,

egotistical

and not thinking

that you are

the right one

or the wrong one

in the partnership.

That's a huge

first step in it,

because once

you see that,

you start

to see things

from another

person's

point of view,

you start to see it

without emotion.

You start to see

all these pieces

that just

bring it back to.

It's a business

decision.

Either

the relationship

is more important

than the

business, or

the business

is more important.

And when you answer

that,

if it's

the business,

nothing was

going to help.

Sorry,

I was going to say

for me,

it's it's

calibrating

the relationship

at different times.

So if you think

of a relationship,

you have to have

how many of them

are exactly

starting from

the start

till the end.

And if they are

very the same

from the start

to the end.

And I'm

sorry for you,

because

the excitement

of life

is probably

been missing

because cause,

an excitement

in living

and changing

that happens

in every

relationship.

Most people

we've seen or ever

had to help people

from business

partnerships

that aren't working

is that

having calibrated

to the person's

change

to the same way

you change

with your

you know, Lana

and I,

our first

month of dating

is very different

to our 11th year

in marriage, right?

Very different.

Unfortunately, no,

but I'm saying

it's just a joke.

By

you've got

calibrations on

a personal level

that you

should be doing

with your loved

one, right?

Checking in

your friends,

your family

and all this.

It's the same

with the

business partner.

So if you're

not invested in

that person.

So I,

I have a running

track in my mind

that is

my job is to

make sure

Alina and Nigel

are getting

their best life

through

the business

that they can.

That's the guiding

track first.

Then we worry

about the rest.

Now, if they're

not happy

or they're

not invested,

or you can see

they're changing

or they go through

different things

in life,

that investment

has to be

to take the time

to understand

how it is not.

This is how

you're meant to be

as a business

partner.

And you've got

this brush.

That was

because when

we started it,

you were working

18 hours a day

and now you only

want to work 16

and I resent you

for that

or the

balance of power.

And I'm actually

in some really

lucky

relationships,

especially some

other

business interests

with friends

as well.

And the

they know

me so well

and they accept me

for things

that I would know

would drive me

crazy

as a business

partner.

But because

we've got

a relationship

like that,

that acceptance

also gives us

acceleration

and trust

and care

in different areas.

So for me, it's

you have

to be aware

that this is

not a thing,

that from day

one to day

ten is going to be

the same.

You have to

keep recalibrating

to the person.

So I think

you have to be

as invested

in the person

as you are

in the company

to really make

these things

powerful.

And we've

seen this over

and over again

when the business

partners

fall out of love

with each other.

I'm going to do

about intimate

business

relationships,

but people

will come together

at the start

and try to company

and ended up

together

for ten years.

They're not

invested in

each other.

They sort of

lose it

and then you

see the drift.

And they

actually don't

have the

the ability

to be

business

partner, friends

or business

partners

in the right way.

And once you lose

a communication

or you

don't recalibrate

at the times,

you have to,

it becomes

very difficult

to enjoy wanting

to build

something together

because the worst

thing happens,

it just

becomes stale.

And then when

they're stale,

like,

where's the company

heading?

It's the first part

of it,

a death knock.

So it's, it's

it's tricky.

That's it's tricky.

Another element

in something

that's so again,

it's so hard

to win.

And it's an element

that it's

either going to 100

fold,

make it fun

better easier or

it'll kill you

100 times faster.

And I think that's

the hard way

that can

change daily

if you're

not calibrated

to that

being the most

important thing

to hold to me,

that's people

ask, well,

how is it working?

It's wonderful

if you

get it right,

and it's

actually the

most lonely thing

if it's not working

or going wrong,

because you've

actually got

no one to turn to.

And that's the

it's a high

risk game.


Episode Video