Look out for this red flag when starting a business with a friend [Video]

On a recent episode of his popular podcast “A Bit of Optimism,” host Simon Sinek asks restaurateur Will Guidara the question “Should you do business with your friends or should you not mix the two?”

The two are uniquely positioned for the conversation as they are close friends and worked together on Guidara’s book “Unreasonable Hospitality: The Remarkable Power of Giving People More Than They Expect.”

Sinek and Guidara agree that the answer is highly dependent on who the people are. However, Sinek could name one red flag that might signal you and a friend should not go into business together.

“If you have no money you shouldn’t choose a business partner who is a multi-millionaire,” Sinek said. “Because one of them is hungry and one of them isn’t. And the level of commitment they will give to the business will be very, very different. It will breed resentment.”

And once you start to resent a friend, it’s hard …