Abstract
The new Netflix murder mystery film Glass Onion is a cautionary tale – but not about influencers, tech bros or ironic architecture, as some have suggested. But Glass Onion (along with HBO’s Succession) is actually a warning about the potential perils of going into business with your friends or family.
Such businesses are a huge contributor to any economy. Globally, between 70 and 80% of firms are co-owned or co-managed by family or friends. Close relations can be a great source of support and positive influence on a new idea or business.
My research, focusing on new business development within universities, shows that friends can be successful business partners. For students especially, entrepreneurial colleges and universities offer a range of support for friends to realise business dreams.
Such businesses are a huge contributor to any economy. Globally, between 70 and 80% of firms are co-owned or co-managed by family or friends. Close relations can be a great source of support and positive influence on a new idea or business.
My research, focusing on new business development within universities, shows that friends can be successful business partners. For students especially, entrepreneurial colleges and universities offer a range of support for friends to realise business dreams.
Original language | English |
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Number of pages | 4 |
Specialist publication | The Conversation |
Publisher | The Conversation Trust (UK) Limited |
Publication status | Published - 19 Jan 2023 |
Keywords
- friendship
- entrepreneurs
- small businesses
- family firms
- quarter life