Navigating Deals with Friends

When engaging in business dealings with friends, it is beneficial to treat them as though they are strangers. This approach helps to prevent potential conflicts that can arise when emotions run high during transactions. The idea stems from the notion that no one should solely rely on trust; after all, being foolproof in judgment is impossible. By establishing clear expectations and operational boundaries from the outset, both parties can preserve the friendship while navigating the complexities of business relationships.