According to Irungu Goko, you must at all costs avoid emotional business.
This is what he says
As you make plans to look for extra cash next year, do not do what i call… “Emotional business”.
You have a wife, parent, husband, children, siblings wako idle. You decide kuwaekea biz to keep them busy. They have not invested even a coin in it. All you’re doing is massaging their emotions sio biashara umeeka.
This are businesses opened by you but run by another person who you’re emotionally attached to. Few succeed but majority ends up;
1. Debts. They’ll accumulate debts unknown to you.
2. Loans. Utapata alikopa pesa using the business. Unalipa na hujui ilieda wapi.
3. Bills. Be sure every month you’ll be going to your pocket kulipa rent.
4. Restocking. Each time you’ll be finding yourself restocking to keep the business going.
Lastly,… Dramas… You’ll have to deal with a lot of dramas anytime you question about the business running.
If you want to support your person, let him/her start off with their savings, you come in slowly and gradually. Biashara and emotions huwa tricky sana. Avoid wasting money thinking you’re adding income.
Idleness is idleness.
Signed.
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Go visit Irungu Goko for more advice like this. 👍