As a married entrepreneur, I would never recommend having your wife work with you. Relationships are complicated enough without throwing business complications into the mix. My "trick" was to have a startup that grew organically out of and enhanced my "day" job.
On the other hand, I run a little online shop with my girlfriend, that is getting pretty respectable income: I handle the technical things, and she handles the customer services/inventory/shipping stuff.
It surely beats working for somebody else: more time to spend together, less grunt work and potentially more income too.
You do not need VC/Angel funding for your startup... it is definitely possible to grow your business, have a life and be rich at the same time. Don't be ruled by the 'Tyranny of Or'.
