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This husband-and-wife team shares their tips for going into business together

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This husband-and-wife team shares their tips for going into business together

As the husband-and-wife team in the again of attire condominium app Style Thought, Raena Lim and Chris Halim are united no longer only in marriage, however also in business.

That “positively has some in actuality lawful advantages,” Halim informed CNBC Make It.

Early Newspaper

And it also has its drawbacks: “Makes you’re employed longer hours,” laughed Lim.

Nonetheless having spent five years perfecting their draw, the 32-twelve months-outdated pair has advice to share with other couple co-founders — every within and out of doorways of business.

Play to your strengths

First off, they are saying, or no longer it is extreme to every title converse areas of point of curiosity that play to an particular particular person’s strengths.

“Chris is solely analytical, so he does lots on the business, financial selections,” Lim said of her husband, who is chief govt officer of the Singaporean kind business.

Areas of point of curiosity that are hers, she’ll make the choice and areas of point of curiosity that are mine, I’m going to make the choice.

Chris Halim

co-founder and CEO, Style Thought

“Rae is lots extra centered on the branding side, the other folks side of issues, the operational side of issues,” Halim said of his chief operations officer wife.

Every glean together must then safe these areas and use responsibility for key decision-making.

“Areas of point of curiosity that are hers, she’ll make the choice and areas of point of curiosity that are mine, I’m going to make the choice. That is worked out somewhat successfully for us,” said Halim.

Separate work and leisure

That delineation must lengthen to conserving apart work and pleasure, too, the couple said.

Though that has no longer continuously been easy — namely in the early days of the business — they are saying it has been main to their working successfully and harmoniously.

Raena Lim and Chris Halim, the husband-and-wife team in the again of Singaporean attire condominium app Style Thought.

Style Thought

“The first few years were rough,” said Halim, noting that they’d work Monday to Sunday, taking no shuttle for a “long time.” “Nonetheless we have learnt,” he said.

“We have had five years to refine it,” added Lim. “Weekends are for private lifestyles, and we in actuality use weekdays to the max to in actuality be sure that that we glean work performed.”

Create a solid team

Unheard of of that structure has been made doable with the again of their 150-particular person solid team, the pair said.

“What in actuality keeps you going is discovering other folks with plenty of ardour in the mission that you just’re going after. When times are advanced, they are in actuality these who rally you on extra than you make,” said Lim.

The 100% alignment is solely, in actuality priceless and big main whilst you are making key selections together.

Chris Halim

co-founder and CEO, Style Thought

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This husband-and-wife team shares their tips for going into business together