EntreLeadership Could My Growing Business Divide Me and My Wife?
18 snips
Mar 6, 2026 Mitchell, a Nashville small-business owner who co-runs a fence company with his father and aims for $1M revenue. He wrestles with involving his wife in major decisions and balancing uneven workshare with his dad. The conversation covers succession planning, fair buyouts and retirement pay, and practical ways to bring family into business governance.
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Include Your Spouse On Major Business Decisions
- Do involve your spouse as an owner for large decisions rather than day-to-day operations.
- Dave Ramsey had Sharon attend manager meetings early on and now runs all large decisions by her to add a second set of owner eyes.
Standardize Project Principles Not Templates
- Do define a short list of universal project principles instead of forcing one template for highly variable jobs.
- Dave suggests 4–6 principles like completing projects on time and on budget and use those as your 'company way'.
Use Software And Postmortems To Improve Estimates
- Do adopt project management software and measure estimated versus actual costs to improve estimating.
- Dave recommends tracking orders, budgets, schedules and doing an autopsy on each job so estimates get more accurate over time.