Relationships between family members can get tested when money is involved, though it can also strengthen the bond between family members. The resulting repercussions of a crumbling business empire can descend into a family feud, hostilities and vendeta that can destory the familial bonds held dearly in our African society. Hence, some family members can be very reluctant to get involved in a business relationship. Even those who form a business venture with one another could choose to forsake the alluring effects of money for the sake of unity. With this in mind, some folks may choose to form a business venture with strangers or friends. But then again, the truth is that if a stranger dupes you, the pain/betrayal may not be as aggravating/severe as being betrayed by a family member. So, if you have an idea that is a potential hit in the market, would you form a business alliance with a family member, or with a trust worthy friend?

Yes,money brings out the worst in people but the problem is more compounded if it's a close relation because I can't start a debt recovery proceeding against him/her.
In a nut shell,the answer to you question is NO!!! due to reason stated above and host of other reasons which you as well other nairalanders can give.

As of today, I am not willing to go into a business venture with a member of my family. I dont know about tomorrow.

denobleman:

Yes,money brings out the worst in people but the problem is more compounded if it's a close relation because I can't start a debt recovery proceeding against him/her.
In a nut shell,the answer to you question is NO!!! due to reason stated above and host of other reasons which you as well other nairalanders can give.

Having said that,I think it is worth considering what business one is delving into when family members are involved.In a case where only a family member has access or more insight into a particular field of investment one would be inclined to deal with that person rather than a friend who knows less about that line of work.
Both options should obviously be measured carefully as both have there positive and negative attributes.It all borders around what line of business,what part each party is playing and basically the intensity of the relationship.
In my opinion, money truly brings out the worst in "us" humans but we are still left with such emotions like trust,belief,respect,Love,tolerance which is highly essential in ensuring the success any form of business/investment.
This qualities can be exhibited by anyone,friends or families.Therefore I could swing either way when it comes to who to trust.
Nuff said.

@denobleman: What makes you think you can't be on the otherside of things,i.e "The down runner"

So blood is not as thick as money contrary to the adage, "blood is thicker than water?"