How to Get the Most Out of Working With Your Spouse

It can be beneficial to combine your personal relationship with your career. Working with your partner has many advantages, including synchronized schedules to meet family needs, and the fulfillment of shared accomplishments. Of course, there can be challenges, too. However, in taking some initial time to prepare and plan it all out, you should be able to overcome any obstacles you may face. Here we show you how you can get the most out of working with your spouse.

Try it Out First

Don’t just jump in blind. Instead of outright quitting your current jobs, start working together slowly and find your groove before fully committing. This way you can find out if it’s the right decision for your relationship dynamic. Small issues and incompatibilities can be ironed out, but major red flags may signal that you’re not suited to be business partners in addition to life partners.

Define Roles

Make sure you take the time to work out a business plan that defines your roles and responsibilities. You should base your roles on your individual abilities that highlight strengths and complement each other’s skillsets. This will help you avoid stepping on each other’s toes, or repeating work. You should also define a common goal and check in with each other often to confirm you’re both on the same page.

Manage Risk 

Putting all your eggs in one basket can leave you susceptible to financial risk. Create a strong monetary plan that will safeguard you in case of any market fluctuations or business issues.

Work/Life Balance

 Balancing your work life and your home life can take some practice. But it’s important to find ways to separate your work from your personal life. Otherwise, you’ll never feel as if you can get a break. Try to make time for getaways or days where you can unplug and spend quality time away from the office. Avoid talking about work at home – any disputes or issues should only remain in the workspace.

Spend Time Apart

 When you work together and live together it often can feel a little overbearing. Try to plan for some time apart, perhaps one day a week where you can spend some time with friends, or out by yourself. This will help give you space and build a strong foundation for your relationship.

You can work with your spouse and have a fulfilling marriage and career. Taking the time to find what works for your relationship can save you from challenges further down the road. If you keep communication open, and your marriage first, you’ll be able to handle anything together.

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Cory Gagnon

Cory Gagnon

As the Senior Wealth Advisor at Beacon Family Office at Assante, Cory Gagnon has supported successful family enterprises to preserve, protect and transition their wealth since 2011.

Cory’s personal objective as a Wealth Advisor is simple. He is committed to supporting families to take control of the areas of their lives that truly matter to them. This commitment revolves around using specific tools and strategies that enable families to take action with confidence which will support them through life’s critical transitions.

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