The benefits of having a silent partner (of sorts)

The importance of support

While I do not have a silent partner in the traditional sense (an individual whose involvement in a partnership is limited to providing capital to the business and is seldom involved in the partnership's daily operations (Investopedia 2018)), my husband is somewhat of a silent partner in that he provides support to me that is of great importance and he gains benefits from the partnership in turn.

My IT department

I started thinking of him as a silent partner recently when he was helping me with a minor IT problem and he referred to himself as the IT department of Best Copy. While I am the company’s employee, marketing department, accounting and finance department, human resources, etc., it is nice to have someone else running another section. I know that if there is some form of IT hiccup, my silent partner will be there to help me fix it, and he is good for more than IT problems.

Objective and multi-talented

Since I started my business back in 2014, he has supported me financially in getting the business off the ground. While I often feel guilty that I do not contribute as much as he does to the household, he says it is in his best financial interest to see me succeed at this job (he refers to me as his early retirement plan, so he can retire as a house husband!). He is also great counsel when I am having some trouble. He sees the impact the work has on my physical and mental health, so he can offer more of an objective perspective on my work. On his days off he has more of an active role in the business as a cat wrangler and chief tea maker, two very important roles in the business as Best Copy runs on caffeine.

A true partnership

In return, my silent partner gets to see my business develop and, as my income increases, more help with the bills. I don’t know if I will ever be wealthy enough to be his early retirement plan but it is a goal worth aiming for.