LDgolf: Five top tips for couples in business together
This week's @indobusiness/@irishbizparty winning SME is LDgolf - a golf coaching business for adults and children run by PGA advanced professional Liam Duggan and his wife Catherine.
Based in Tralee, Co Kerry, the business offers golf instructions in five coaching venues.
"The business has steadily grown since 2011 with the business niche area being junior coaching and development," Mr Duggan said.
He added that LDgolf's junior coaching programme has gone from strength to strength in the past year and is presently bring run in six counties by specially trained PGA golf professionals in National Schools and golf clubs across Munster.
Here are Liam and Catherine's top tips for running a business together as a couple:
1. Know each others strengths and weaknesses: It is always important to know what your skills are and where weaknesses lie. We find that if we work at what we are best at and try and offset the rest, it is easier to accomplish the things we need to do. Take ownership of you specific areas. I'm best at carrying out the coaching, meeting clients and the creative side of things while Catherine's strengths lie in organisation-accounting, planning schedules, the day to day running of the business. We both know our roles and where our strengths lie.
2. Know when to walk away: Regardless of how strong a couple is, work always brings its stresses and often it's easy to take this out on the one you love. Regardless of it being a work colleague or wife there's often the urge to strangle each other! It's important to know when best to take a step back and take a breather, if you don't its easy to take an issue with you into your home life and this builds resentment so when it happens deal with it in your own way and move on.
3. Try and keep work to one place: With a young baby in the house much of the work is structured and organised at home. Irrespective of how work goes its important to step out of work mode and back into husband and wife mode. Discussing work outside of the office is a big no no, and although we don't always manage this, trying to do so helps to give the relationship more balance
4. Make time for each other: When you are self employed, your involvement in the business go way beyond that of a normal 9 to 5. It can mean long demanding hours with very little reward so it's important to set aside time for each other. Simple things like a date night, lunch together or a half hour away from the stresses can remind you of what you are working so hard for in the first place.
5. Trust: Trust is vital to make a marriage work and its even more important to make a business work. Like most men, if something around the house needs to be done I have to be asked about 347 times but when it's business it only needs to be asked once. If you were to spend your time second guessing the other person and chasing up what they are doing, nothing would get done and stress levels would go through the roof! If achieving this is an issue simply make a list, complete and repeat.