Do your and your spouse bicker at work and at home?

By Kathy J. Marshack, Ph.D., P.S.

“Oh yeah! I used to work with my wife, but not anymore. All we did was fight.”

“We’re great business partners, but at home we bicker constantly. What’s wrong?”

“Work with my husband? Never! He never listens.”

Bicker, bicker, bicker. Is this the price you pay when you work with your spouse? All too often this seems to be the case, but it doesn’t have to be. If you understand conflict and develop strategies to de-stress problem situations, you and your partner can have the best of both worlds: a fantastic marriage and a successful business team. Here are some of tips for resolving the bickering.

Remember that the differences between the two of you are probably some of the reasons that made you fall in love with each other.

There may be many reasons for conflict, but a common one for spouses who work together is that you know each other too well. Remember when you first met, first fell in love, decided to get married? You probably didn’t focus at the time on everything that you didn’t like about your new love. In fact, you may have never noticed anything that big, but instead viewed those differences as thrilling. But over time, the differences between the two of you surface more and more. What once was ignored or even viewed as endearing is now a pain in the neck. Or your spouse may have qualities that worked well in the home when you didn’t work together, but in the office they seem to make the two of you tangle.

One way to get past the bickering is to remind yourself that you love and admire this person. Your spouse has many great qualities that contributed to your choosing him or her as a spouse and a business partner. Focus on those qualities, not the behavior that annoys you.

People change over time, so bickering may be a sign that it’s time to renegotiate your agreements (martial and business).

You can’t possibly know everything about another person before marriage or even before becoming business partners. Who knows what qualities will emerge on a person as they enter new territory (which we are constantly doing throughout life)? Our basic personalities probably don’t change that much, but how we apply our personalities to the experiences in life does shape and define us. Your spouse may be showing you a side of him or herself that you never knew existed. Be careful not to resist this new information because it is different. Give yourself time to adjust to the change. Talk about it with you spouse. Evaluate how to incorporate the change into your marriage agreement and business partnership agreement. Change may be painful, but it is the very nature of living things to change.

Entrepreneurial couples should spend as much time cultivating joy in their relationships as they do focusing on the bottom line in their businesses.

It’s just a fact. All of us work more than we would like to. Even when you love the work you do, you should strive to find balance among the other important parts of your life, such as your relationships with your spouse, family, friends and yourself.

Entrepreneurial couples are notorious for being all work and no play, and therefore the relationship suffers. Think about it. If you are bickering with your spouse/business partner, could it be because you have had no quality time lately? Or could it be because you are sleep-deprived? Or could it be that it’s been a long time since you laughed?

Take the time to set your priorities and follow them. There will always be another phone call to answer and another deadline to meet that will draw you away from balancing your priorities. But you don’t get that many chances to restore a faltering relationship. When the love, trust and respect is gone, it usually leads to divorce.

Be true to yourself and offer the same to your spouse/partner.

Entrepreneurial couples seldom have formal education or training in the art of living their unique lifestyle. So, through trial and error they come up with a system to get the job done, and they do so admirably, but the job is all that gets done. Sometimes the work is not very creative. Often the excitement and challenge that brought them into business wears thin. The result is a successful business that produces a good income for its owners, but leaving no room for personal and professional development. Then the bickering starts again.

It seems to be true that when we are bored, we bicker. When this happens, it is time to take stock of how the business is organized. Is the business truly a reflection of your talents, or is it running you? Are the spouses/business partners really suited to the jobs they currently have, or have they outgrown them?

If you are really being true to yourself and your partnership, duties should be assigned according to the best suited to the task. In other words, fully use your talents. For example, if the founder of the business doesn’t have good people skills, perhaps the spouse should be president. That way the founder can keep doing what he or she does best, invent things for example, while the more people-oriented spouse can run the business and manage employees and customers.

Be full-time partners at home and at work.

Husbands and wives who work together often slip into efficiently getting things done, but in a hierarchical, military model. Research shows that copreneurs opt for the husband-boss/wife-employee model more often than other entrepreneurial or dual-career couples. Instead of equal partners, these couples slip into the traditional chain of command by which only one person can be the boss.

One day my husband was particularly exasperated with me and confronted me with this question, “Just who is the boss around here anyway?” I was startled, because I thought he knew! Taking a moment to compose myself I replied, “We both are.”

A husband and wife, whether partnering at home as parents or partnering at the business, are both full-fledged adults who contribute to the joint venture. They both should take full responsibility for the outcome of the venture. In other words you are both 100 percent boss and 100 percent responsible.

I believe bickering for these couples is a sign that one partner or the other is feeling powerless in the relationship or business. If the decision-making power is vested with one person, but the other spouse still has major responsibilities but no authority, you have ripe territory for passive-aggressive behavior-bickering.

If you and your spouse are bickering about nothing in particular, or the same argument comes up over and over again, or you are bickering now that you work together but you didn’t bicker before, or most important, you bicker but you never remember what it’s about, take stock of the relationship and ask what needs to change. The simple answer is not to work together, but then you might be missing the most creative team you’ll ever be a part of. Plus, you may miss those early warning signs that the marriage and/or the business plan need to be revamped.

Instead, take the bickering as growing pains and be grateful that you have a spouse who is so important to you that you care enough to get mad about their idiosyncrasies.

Unexpected Feedback on My New Book – Going Over the Edge?

I set out to write my new book, Life with a Partner or Spouse with Asperger Syndrome: Going Over the Edge?, with the hope that it would help those in Asperger relationships. I’ve already received feedback from readers around the world who are benefiting from the lessons I share. However, I recently heard from one of my clients, who read my book, and I was touched to hear how it impacted his life in an unexpected way. My client is a father to an Asperger child and decided to read the book to better understand his child. He has a strong desire to help his child as he continues to grow and form relationships as an adult. Although he did find information helpful to his Aspie child, what he was surprised to discover was the changes he personally needed to make. 

This parent realized that there are areas in his own personal life that need improving. He learned that he needs to take back his life too and live a life that is more true to his spirit. He recognized that he was isolating himself and stewing in depression rather than putting his talent into the world. The actions he needed to take are in his behalf but will ultimately help his child as well.

I never quite thought that my book might be meant for those not struggling with an adult AS relationship. However, the messages in this book are universal. All of us need to take stock and decide if it is time to take back our lives. I truly appreciate my clients heartfelt comments. If there are others who have comments on my book, I would love to hear you. Feel free to send me an email at info@kmarshack.com.

One man gives back to the community that supported him

By Kathy J. Marshack, Ph.D., P.S.

Let’s say you have worked for the same boss for 15 years. You are a loyal, hard worker who takes pride in your contribution to the company. You have a fair boss, who pays you well and trusts you to handle your responsibilities like a mature adult. You have good benefits, including a tidy retirement that has been generously matched by your employer. If you call in sick or just want an extra day off occasionally, your boss assumes you have a good reason. To top it all off, everyone else in the company is treated the same way, so you have a happy group of coworkers. Of course you are looking forward to retirement, because work is not your whole life, but for now you couldn’t find a better place to work.

Then one day, you receive a letter in the mail from your boss. He announces that he has sold the company and plans to retire. You had heard the scuttlebutt but weren’t sure if it was true; now you know. The letter goes on to reassure you that your boss has negotiated for all employees to keep their jobs; nice guy again. You sigh, because at 52 you’re not quite ready to retire. Then you pull the bonus check from the envelope. For all your years of service and dedication your boss is rewarding you with one million dollars . . . tax-free!

This fairytale is real, believe it or not. Bob Thompson of Belleville Michigan surprised his 550 workers with similar letters. All told, Bob divvied up $128 million among his employees. Bob’s “share the proceeds plan” included paying hourly workers who already have pension plans, $2000 for each year of service. Salaried workers, without pension plans were given annuities they can cash in at age 55 or 62. Those annuities range from $1 million to $2 million. Thompson even included some retirees and widows in his plan. And to insure that employees actually reached the one million mark, he paid the taxes on these gifts, which amounted to $25 million.

Bob Thompson sold his 40-year-old firm for $422 million, but long before he grew this big he and his wife had planned the gifts. Years before he had already included a number of employees in his will. Bob is not a man who has always lived with money. He started the road construction business in his basement with $3500.00 and the support of his teacher wife.

Although over the next forty years, the money did roll in, money wasn’t Bob’s goal. He said, “People work exceedingly hard for us. It’s a tough business, and this is a demanding company. Some people make a lot of money in the stock market, but we’re dependent on people, so it would just not be fair not to do it. They’ve allowed me to live the way I want to live.”

In addition to the gifts to employees Thompson plans to gift even more to other entities. “It’s sharing the good times. I don’t think you can read more into it. I’m a proud person. I wanted to go out a winner, and I wanted to go out doing the right thing.” Yes, I agree Bob Thompson is a winner, but he’s more than that. As an entrepreneur he took his responsibility seriously. He used his talents to evolve a business to the level where he could give even more back to the community who supported his growth. This stage of development is called Stewardship.

A business, like a child (and adults for that matter) goes through stages of development. Given the right mix, the business will complete its evolution at stewardship. According to psychologist Will McWhinney there are three stages of growth for a family business. The first stage is that of Entrepreneurship. Entrepreneurship is the stage of early innovations, niche formation and creativity. Because of the entrepreneur’s determination and charisma, there is high cohesion and commitment from all in the company.

The next stage is Ownership during which there is a need for stability and security to nurture the family. During this stage the family business structure becomes formalized and institutionalized.

The third stage and the one that Bob Thompson epitomizes is Stewardship. Stewardship results when the business is well established, the children are grown, and the founder has developed beyond the need to use the business for his expression of personal power. As the business expands, there is more structural elaboration, adaptation, and possibly decentralization.

Stewardship offers the family business the opportunity to give something back to the community. At the developmental stage of stewardship, family businesses often establish charitable foundations or employee stock option plans, but the family firm has even more to offer. Because family-owned firms are microcosms of the society at large, how the family manages its wealth and influence can have a major impact on society. You must go beyond simple economic theory to understand this influence. The values of the family and the culture of the family firm can have tremendous social impact not only on the quality of commerce, but on the total community.

Naturally many people want to know what Thompson’s employees plan to do with their windfalls. Some have indicated that they will buy new furniture or a new car. Others are spending it on much needed braces for a granddaughter or care for a mentally handicapped child. Still others are putting aside money for college tuition and retirement. But there are a few who say they’ve been inspired to help others. “Of course, that’s what I want to hear,” says Thompson.

Stewardship is a wonderful stage of life for a family business because it offers the entrepreneur the chance to be proud of his or her accomplishments and go out like a winner, as Bob Thompson has. And it puts the entrepreneur and the business in the important position of modeling for others in the community not only how to be winners, but how to do the right thing. Bob Thompson’s idea of winning is sharing the wealth. For him, stewardship is using his wealth to improve the lives of others. But beyond the money, stewardship involves changing the lives of people forever.

Kathy J. Marshack, Ph.D., P.S., Licensed Psychologist and Consultant to Families in Business, is also the author of ENTREPRENEURIAL COUPLES: Making It Work at Work and at Home. Dr. Marshack is hosting a seminar for entrepreneurial couples on October 15th and 16th and a free breakfast roundtable on November 5th. Call for details at 360-256-0448 or www.kmarshack.com.

Mentoring women and women mentoring


By Kathy J. Marshack, Ph.D., P.S.

Mentoring for men is paying attention to strategy, politicking and developing the skills necessary to succeed in their chosen professions. Up until a few years ago, mentoring for women meant something entirely different.

It meant shopping, styling hair, preparing meals, keeping a good home, finding a successful husband, raising healthy children . . . these are the skills that mothers have taught their daughters for centuries. True, young men do receive coaching on how to dress for success, and even how to choose a wife suitable to their station in life, but these are just “business success” strategies.

Now, business mentoring is coming of age for women. Older women are learning to mentor younger women, and younger women are recognizing the value of receiving mentoring from successful women.

There is a wide range of female mentoring models to choose from. Women are not only working in all fields, but they have moved up the ladder in those fields. Now more women than men are in colleges and universities around the country. More women than men are graduating from law school for example. This is strong evidence that mentoring and role modeling by women has lead to more young women and girls believing in possibilities that their great-great-grandmothers only dreamed about.

But despite the similarities, mentoring for women is a different process than it is for men.

Although mentoring for women has a hierarchical quality women tend to highly value their relationships, at all levels of the hierarchy. Women mentors encourage younger, less skilled women to speak up and contribute to the whole. They tend to recognize abilities even if a young woman has not been with the company very long.

As whole-brained thinkers women can see both the value in the process of arriving at the goal as well as the actual achievement of the goal. The process teaches a woman about herself and her relationship with her co-workers, subordinates, boss or mentor.

My research has found that, for women, getting to know oneself in relationship to others is the foundation of life. Mentoring for them is about developing relationships and about learning as much from the protege as from the mentor. It’s a collaboration, a dialogue, an evolving and developing process leading both women into a deeper relationship as well as a more advanced stage of life.

True, there are concrete skills to learn too. Women, just as men need to be wise to the politics of corporate life. They need to have professional credentials and skills if they want a good salary or to achieve that promotion. It’s just that women take things personally so those personal needs must be addressed.

If there is no woman to mentor her, no mentor to relate to her personally, a young woman may hold herself back from accomplishment because of lack of confidence or lack of a mirror to show her she’s on the right track. That’s why being a mentor, or finding one, can be the key to success.

So just what does a mentor teach? Mentoring can cover the gamut of female behavior from dressing for success to litigation tactics to canning vegetables to dating etiquette. If you are considering mentoring, teach what you know and don’t limit it to the traditional male arena. Your young protégé needs to learn how to be a woman, not just an attorney, or an artist.

You don’t even have to know that much about her interests to be a good mentor. What you need to know is how to encourage her to be the best she can be, how to believe in herself. However, young women are still in great need of learning about all of the career possibilities there are in the world, so if you have a unique specialty, tout it. Let young women know that there are new and exciting career realms to explore.

It’s an exciting new century that we are entering and women are blazing the way. More women than ever will own businesses by the year 2000, a demonstration that women’s power is exploding. Those of you who have laid the foundation for this growth owe it to the younger generations to teach them what you know. The creativity must keep flowing. Women mentoring and mentoring women will undoubtedly insure a strong female leadership in the 21st century.

The four secrets to running a profitable family business


By Kathy J. Marshack, Ph.D., P.S.


Learn From Those Who Know

One of the most challenging of lifestyles is working with your spouse in a thriving business. Most entrepreneurial couples would have it no other way. They love the opportunity to be independent, in charge of their own destinies, and to work along side the one they love and trust most. Maggie and Paul are such a couple. Maggie is a veterinarian with two clinics. Her husband Paul is an assistant district attorney. Although Paul does not work full time in the clinics, he is always a support. Paul is frequently seen at the clinics on his days off, in the evenings and weekends, where he helps Maggie build shelves, organize supplies, care for the boarded animals and so on. And when Maggie brings her “work” home with her, Paul and the children get a chance to be foster family to yet another animal friend.

It hasn’t always been easy for Maggie and Paul, however. Like any other entrepreneurial couple, they have had crises in their marriage and crises in the business that seriously rocked their security. Somehow they pulled through these crises, however, and have come out the other side in superior shape. So the question is . . . how? What do successful entrepreneurial couples know about keeping a marriage and a business on track? And can other couples learn from them? Whether in business or marriage, problem solving requires gathering information. It just makes common sense to find out what successful entrepreneurial couples know and do that works for them. Out of these strategies, you may find a nugget that applies to you and your spouse.

100% – 100% Rule

Over the years I have had the opportunity to meet many entrepreneurial couples and there is a pattern among those who have long-term happy marriages interwoven with a prosperous business life. First and foremost they follow the 100% – 100% Rule. That is, each partner considers her or himself 100% responsible for the quality of her or his individual life as well as their joint ventures (i.e., parenting, household duties, managing and promoting a business). While most couples follow a 50% – 50% Rule, meeting each other half way, by following the 100% – 100% Rule entrepreneurial couples meet each other all of the way. They each put his or her whole self, talents, intuitions, and muscle into the relationships of marriage and business partnership, making each equally responsible for the outcome. Even though for efficiency’s sake they may divide up duties along the lines of who is most capable or available, they still consider themselves as responsible as their partner for the success of the goal.

Encourage Competition

Without question entrepreneurs are achievers and highly competitive. Without these qualities they could not create a successful business venture. Sometimes the achievement motivation and a healthy dose of competitive spirit are all that sustains the entrepreneur during extremely lean times. However, achievement needs and competitive drives are not reserved only for entrepreneurs. These qualities are evident in many people such as corporate executives, Girl Scout leaders, truck drivers, teachers and homemakers.

Sometimes it is not always easy to admit that you are in competition with your spouse, but once the truth comes out you are in a much better position to work with the inevitable. If you are feeling envious of your spouse, or resentful, you are experiencing competition. If you are feeling smarter than your spouse or the need to have the last word, you are experiencing competition. If you evaluate the worth of yourself and your partner by how much you each earn, you are in competition. Instead of being embarrassed by your competitive nature, or suppressing it or even denying it, admit it and acknowledge the problem to your spouse. Then do what successful entrepreneurial couples do . . . they encourage it!

Believe it or not, successful entrepreneurial couples actually encourage competition in their partners but they do put their relationship off limits. That is, their love for each other and commitment to their marriage and family life come before business or career needs. By following the 100% – 100% Rule they forgo competition within the relationship, but can foster it outside the relationship. For example, they give credit where credit is due. If they are copreneurs, working full time together in their joint venture, there are rewards and incentives built into the business for each partner to achieve. Instead of paying only the founder of the business and undervaluing the other spouse’s unpaid help, the supportive spouse is paid what they are worth and not a penny less. Bonuses aren’t banked for the common good, but awarded to the spouse who achieved the reward. Each partner is encouraged by the other to achieve their dreams, to express their strengths, to utilize their talents. If this means besting your partner in a career or business move, it shouldn’t be threatening to your spouse, but viewed as a challenge to work toward his or her own excellence.

Worrying about ego or pride is a waste of precious energy that can better be used in pursuit of your dreams or being creative. Harness that competitive spirit and re-direct your achievement need toward the things you do best at the business or at home. That way not only do you succeed, but your spouse, family, business and community benefits too. What better way to express the 100% – 100% Rule ?

Make Love the Top Priority

With the pull of achievement needs and competitiveness in the business world, entrepreneurial couples have their work cut out for them to sustain balance in their personal lives. Making time for friendship, romance and family togetherness is difficult but imperative. Again successful entrepreneurial couples have figured out how to make love the top priority. They have abandoned the old methods that worked when they were younger and had free time. They realize that spontaneity or waiting for the “right moment” is not likely to happen today with their lives full of so many responsibilities. Rather, they

realize that they have to plan for love to happen and be sustained. And they build a structure they can count on to keep these priorities straight. For example, they schedule once-a-week “dates” with each other to talk and rekindle romance. They make time in the morning or at the end of each day for uninterrupted discussions about anything and everything that is necessary to talk about to keep the flow smooth. They go on frequent mini-vacations of two or three days to pull themselves away from the demands of entrepreneurial life. They each volunteer their time to one community cause or child-related activity. All of these approaches help you remember why on earth you are working so hard anyway . . . to share your successes with the ones you love.

Renegotiate the Terms of the Partnership

By making love the top priority, entrepreneurial couples have a simple way to notice when they need to reorient their lives. If there is no time to give or receive love, from each other or the others in their lives who are supposed to count, then it becomes time to renegotiate the terms of the partnership. If life isn’t meaningful or fun for either of you, it is time to re-evaluate the marriage or the business partnership or both.

In order to keep a business healthy, a business owner must not only be aware of market trends, employment needs, and movements of their competitors, but they must also be prepared to alter their business plan accordingly. Within your personal life, it is no different. A marriage agreement that worked when you were twenty, may be outdated for a couple in their forties, for example. Or aspects of the marriage contract may be archaic while others are still solid. Don’t throw the baby out with the bath as the saying goes, but if some things need changing, do it now, or suffer the consequences of a loveless marriage.

I have met too many entrepreneurial couples where the only thing holding them together is the business. They have forgotten that the business is a function of their love for each other, that by encouraging each other to achieve excellence, they have created a successful venture. By recognizing that the love is diminishing in your relationship and by being willing to renegotiate the terms of your marriage and partnership, you may be able to rekindle the romance and re-direct the business to new heights.

The Guidelines to Success

Although it is a lot work to maintain a healthy personal relationship among the busy-ness of entrepreneurial life, the methods of doing so are simple. Successful entrepreneurial couples already know these secrets. Now it’s your turn to cash in on what they know.

  1. Follow the 100% – 100% Rule and you will have a trusted full-time partner at your side.
  2. Encourage achievement and competition in your partner and you will share the fruits of his or her success along with your own.
  3. When you make love the top priority, you always have a marker to guide your decisions and direction in life.
  4. Finally, when you get off course, stop and renegotiate the terms of the contract, so that you can nurture and sustain business and marriage growth.

Could Your Wife Run The Business In Your Absence?

By Kathy J. Marshack, Ph.D., P.S.

Jay was 28 when he founded his sign business. He and his wife Teddie were thrilled when they opened their storefront and sent out the first announcements. As a young couple, they had a lot of energy and worked long hours getting the office and shop ready, buying supplies, arranging office furniture, developing a business plan, joining the local chamber and greeting their first customers.

Jay took over full management of the operation while Teddie kept her full time job as an account executive for a women’s fashion company. But Teddie was there through all of the growing pains of the business too. She helped with billing and emptied the trash. She took messages for Jay at home in the evening when he was working late. The goal was to build the business to a level where she would quit her job and come to work with Jay. In the meantime her job provided a steady paycheck and other benefits such as insurance.

As the business grew, so did Jay and Teddie’s family and responsibilities. With the first child, Teddie still managed to work full time because her mother and mother-in-law were willing babysitters. However, with the second baby, Teddie and Jay had to look at a more reasonable plan. It just wasn’t possible for Teddie to work full time, care for two daughters, and help Jay in the business. Also Jay’s Mom wasn’t as healthy as she used to be and wasn’t available for childcare anymore. Teddie’s Mom was still helpful, but she and her husband had retired and wanted more free time. By the time their second daughter was born, the sign business was doing well enough to support the young family without Teddie’s income. It would be tight, but the couple decided to take the plunge. Teddie quit her job to have the flexibility to care for her children and help out at the business.

For years Jay and Teddie ran the business this way. Although they shared equally in the ownership of the business and both worked long hours, Jay was really the manager and Teddie the home manager. Teddie would leave early to pick the kids up from school and get them to soccer practice and piano lessons. On some mornings she would come in late to the office because there was a dental appointment or a school field trip that she helped with. At the office, however, she was fully in charge of her department . . . everything that Jay didn’t do, such as the bookkeeping, billing, purchasing and replanting the flowerbeds by the front door. Jay did the management, hiring and firing, marketing, customer service and the technical work. Amid all of this the children got more involved with the business, at first just watching dad build a sign, and later learning complex computer work.

If you are typical of most family business owners, you could probably plug your names into this scenario and change only a few details to make it your own story. Likewise, if you are typical of most small business owners, you do not have a succession plan. You have been so busy establishing and growing your business that you haven’t looked that far ahead. You may not even have the confidence yet that your business will be around that long. Or you may decide to sell the business and build several other empires before you retire or die. When you were getting your business underway, it never occurred to you that you were building a legacy; you were just going after your dream.

If you are among the rare few who have considered succession planning, more than likely you and your spouse have discussed which child is best suited to be president or if management responsibilities should be shared by siblings. If you are in partnership with your brother, mother, sister-in-law, or some other family member, you probably have a legal and financial plan for how the partnership will transition should one or the other of you die or wish to be bought out. However, if the family business is a sole proprietorship such as Jay and Teddie have, and the husband is the founder and president, it’s highly unlikely that you have considered your wife as a successor to the business leadership. Yet it is the wife who is most likely to be thrown into that position with the death of the founder where no succession plan has been established.

In 1984 McKinley conducted an interesting study in which she found that a widow was more than willing to take over management of the business upon her husband’s death, especially if she had been working with her husband. But even among those widows not working in the business side-by-side with their husbands, there was a strong desire to take over the management. These widows reported that the business was very meaningful to them, that it was a part of their identity, that they had psychologically helped build the business. They did not want the business to pass out of their hands, even if they didn’t know how to run it. Furthermore, most of the widows studied did not know how to manage their husband’s business, because they had not been trained. Their function had been auxiliary.

They provided support such as Teddie has done for Jay. Therefore, these widows, untrained in the ins and outs of managing the family business, had to turn to their attorneys, CPAs and other advisors to educate themselves about the business. This is not sufficient training for the complexity of running a small business, as any business owner knows. But these particular women were determined and they learned as their husbands had done . . .by the seat of their pants.

This seat-of-the-pants training may have been sufficient for the founder, but it seems a waste to have the successor not benefit by her predecessor’s lessons. Unless the business is a professional practice requiring college and certification that your wife could not readily get upon your death, preparing your wife to take over the business is a logical and practical step for most business owners. A side benefit is that once she is trained, the founder can turn his interests elsewhere, such as expansion or developing a second business entity. Growth of an empire is possible only when you have the flexibility and freedom to explore uncharted territory. If you are busy manning the helm, your growth will be limited to raising prices on product or adding a new line.

Preparing a wife for the presidency is no easy feat, however. It means acknowledging that the founder may die or wish to move onto something else. It means putting things into writing, such as compensation plans for your wife. It means letting go of control and allowing your wife to know all of the company secrets. It means that the marriage itself will be challenged. As the protégé grows in ability and leadership, the mentor may find himself eased out of power before he is ready. Can your marriage stand the strain of your wife being the boss, for example?

Making your wife your equal partner at work (provided she wants the job) and teaching her everything you know, will provide a solid succession plan. She will most likely be a devoted fan of yours and the business, and therefore a loyal and responsible guardian for the business. She will be a much better prepared widow than McKinley found in her study and less likely to lose the business. However, this also means redesigning the business today to accommodate two owners, two managers, two leaders. The consensus model of marriage that most Americans accept as the standard today will be brought into the business setting. Not only will husband and wife have to adjust to this change, but so will employees, customers and others used to a more hierarchical model. Be prepared to change the structure of management when your wife becomes your management partner. No longer can the founder fly by the seat of his pants. Although you may feel that your style is cramped when there are two of you to answer to, remember that having a well trained successor (and one who loves you) means that the business has a much more bright and stable future.

If you have a loved one on the Spectrum, please check our private MeetUp group. We have members from around the world meeting online in intimate video conferences guided by Dr. Kathy Marshack.
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