Being in business with my son so far has been fairly easy on the business side. It was his idea to start the company and had been bugging me for some time to do it. It was only after my last tour to Iraq that we decided to finally move forward. While we were driving him to the Ottawa airport for his move to the UK on an OUTCAN posting for 3 years. During that time we had fairly defined roles and responsibilities, that was easy to define as the geographical locations only allowed him to handle certain things. Now that he is home, we share the decisions equally and at times will delegate sole decision to the other based on situation at the time.
As for lessons I’d say that marketing and branding are the biggest things to focus on earlier than later, also contain your growth and know your limits and stay within them until you grow.