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From the Altar to IPO: The Highs and Lows of Married Business Partners

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Knowledge@Wharton
But starting a business with a spouse leaves both partners financially exposed, according to Jeff Reid, director of entrepreneurial studies at Georgetown University's McDonough School of Business. "Generally speaking, if one person in a marriage is in the startup phase of a business, the couple relies on the other spouse's income, health insurance and job security to fall back on," Reid says. "But if the business is failing and both spouses are 'all in,' it creates an interesting dynamic. When the business isn't doing well, there is tremendous stress on the marriage."
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