Hi Rad, thank you for sharing your thoughts! One language for FE and BE to make shuffling roles easier is something I've never considered. Great point! What's your experience been working with family on a business? Also, what's your opinion on hiring friends to work with? Is it a strength or will it sour the relationship (kinda like asking friends for money)? Probably, it has a lot to do with emotional maturity and setting clear roles/expectations? I always struggle with the employee vs employer dichotomy when it comes to friends & family, as I wanna do right by them 😅 //Aquabbas
Hi, Aquabbas! Thanks for your comment. Actually, this is a great question. I think that you hit the nail on the head in that if you work with friends and family you may try too hard to do the right thing by them, perhaps to your own detriment. With the benefit of hindsight, while I think that going in a partnership with friends or family is likely to be ok, assuming you can communicate effectively with each other, but with respect to money (i.e. taking money from friends or family) it is very likely to change the dynamic of the relationship. Probably best to be avoided, but if it is the only option, then showing them exactly where the money has been spent could help them to process that you used the money in a certain way (therefore there is no ambiguity if they start asking for it back or where their money is!). I'd definitely be interested to hear your thoughts though!
@@theradlectures That's a great point about showing where the money is going. Never though about it. I can't really speak much to the matter of starting/running a business at all tbh, as I'm relatively new to the IT industry and still learning. That's why I really appreciate that you shared not just technical content, but also business/people content :) One thing I really like about running a bussines with friends/family is that there is already an established trust and rapport, and that will probably take you pretty far. Right now, I'm working in the property management sector as a SWE. Kinda close to your area/industry. We use a LAMP stack. Kinda old but solid. And we use TypeScript/Angular for FE. We have a lot of economists and property mangers we work with on a daily basis. I definitely need more time to wrap my head around the bussines side of things. Thanks for your thoughts again! Great video :D
You hit the nail on the head, with family - and friends to some extent - you certainly have a level of trust that will take time to build with any new co-founder. I think that is awesome that you are new to IT. This can only be a good thing, because say in my case, I was an ex-banker, and it is the industry experience that I have that helps me approach tech projects/business differently. This will likely be a big advantage for you too. Keep up the good work! Thanks again for the comment.
Great job rad you built an awesome product and the business from scratch.
Thanks, Ty. Couldn't have done it without you!
Hi Rad, thank you for sharing your thoughts!
One language for FE and BE to make shuffling roles easier is something I've never considered. Great point!
What's your experience been working with family on a business? Also, what's your opinion on hiring friends to work with? Is it a strength or will it sour the relationship (kinda like asking friends for money)?
Probably, it has a lot to do with emotional maturity and setting clear roles/expectations?
I always struggle with the employee vs employer dichotomy when it comes to friends & family, as I wanna do right by them 😅
//Aquabbas
Hi, Aquabbas! Thanks for your comment. Actually, this is a great question. I think that you hit the nail on the head in that if you work with friends and family you may try too hard to do the right thing by them, perhaps to your own detriment. With the benefit of hindsight, while I think that going in a partnership with friends or family is likely to be ok, assuming you can communicate effectively with each other, but with respect to money (i.e. taking money from friends or family) it is very likely to change the dynamic of the relationship. Probably best to be avoided, but if it is the only option, then showing them exactly where the money has been spent could help them to process that you used the money in a certain way (therefore there is no ambiguity if they start asking for it back or where their money is!). I'd definitely be interested to hear your thoughts though!
@@theradlectures That's a great point about showing where the money is going. Never though about it.
I can't really speak much to the matter of starting/running a business at all tbh, as I'm relatively new to the IT industry and still learning. That's why I really appreciate that you shared not just technical content, but also business/people content :)
One thing I really like about running a bussines with friends/family is that there is already an established trust and rapport, and that will probably take you pretty far.
Right now, I'm working in the property management sector as a SWE. Kinda close to your area/industry. We use a LAMP stack. Kinda old but solid. And we use TypeScript/Angular for FE.
We have a lot of economists and property mangers we work with on a daily basis. I definitely need more time to wrap my head around the bussines side of things.
Thanks for your thoughts again! Great video :D
You hit the nail on the head, with family - and friends to some extent - you certainly have a level of trust that will take time to build with any new co-founder. I think that is awesome that you are new to IT. This can only be a good thing, because say in my case, I was an ex-banker, and it is the industry experience that I have that helps me approach tech projects/business differently. This will likely be a big advantage for you too.
Keep up the good work! Thanks again for the comment.