PODCAST: When The Business Is Struggling How Much Do You Tell Your Spouse?

Courtesy the Goltz Group

Jay Goltz: "Does it help to have two people freaked out?"

On a recent episode of Mind Your Business,we talked about entrepreneurs and spouses with Jay Goltz: What's it like to run a business with a spouse? How much information should a business owner share with a spouse who is not in the business, particularly when times are tough. And how do you cope with the inevitable strains in a family business?

As usual, Jay -- who grew up in a family business and owns the Chicago-based Goltz Group, including a picture-framing shop and a home-furnishings store -- shared the good stuff, including why he doesn't feel the need to tell his wife all of his business struggles and why he stopped asking his father for business advice. On Mind Your Business, the small-business call-in show that airs live on Thursdays at 1 ET on Sirius XM 111, we encourage callers to tell us what they are struggling with. We don’t tell anyone how to run their business; instead, we kick around ideas and strategies and consider options. On this particular show, we got a call from the owner of a startup who said his business doubled last year and he expects it to triple this year and now he's considering bringing his brother on as a partner? Not everyone was convinced that that is a good idea. You can listen to the show here.

This coming week on Mind Your Business, my guest will be Forbes contributor William Vanderbloemen, who will talk about the special challenges faced by his recruiting business along with his new book Culture Wins: The Roadmap to an Irresistible Workplace. If you've got a question about recruiting or managing the culture of your business, give us a call at 1-844-942-7866 when the show airs Thursday at 1 ET on Wharton business radio on Sirius XM 111.

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Courtesy the Goltz Group

Jay Goltz: "Does it help to have two people freaked out?"

On a recent episode of Mind Your Business,we talked about entrepreneurs and spouses with Jay Goltz: What's it like to run a business with a spouse? How much information should a business owner share with a spouse who is not in the business, particularly when times are tough. And how do you cope with the inevitable strains in a family business?

As usual, Jay -- who grew up in a family business and owns the Chicago-based Goltz Group, including a picture-framing shop and a home-furnishings store -- shared the good stuff, including why he doesn't feel the need to tell his wife all of his business struggles and why he stopped asking his father for business advice. On Mind Your Business, the small-business call-in show that airs live on Thursdays at 1 ET on Sirius XM 111, we encourage callers to tell us what they are struggling with. We don’t tell anyone how to run their business; instead, we kick around ideas and strategies and consider options. On this particular show, we got a call from the owner of a startup who said his business doubled last year and he expects it to triple this year and now he's considering bringing his brother on as a partner? Not everyone was convinced that that is a good idea. You can listen to the show here.

This coming week on Mind Your Business, my guest will be Forbes contributor William Vanderbloemen, who will talk about the special challenges faced by his recruiting business along with his new book Culture Wins: The Roadmap to an Irresistible Workplace. If you've got a question about recruiting or managing the culture of your business, give us a call at 1-844-942-7866 when the show airs Thursday at 1 ET on Wharton business radio on Sirius XM 111.

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