I’ve had a lot of experience with business partners. Some I’ve chosen more consciously than others. Like dating in college, some business partners you end up with because you weren’t thinking clearly (how much did I have to drink?); other business partners are divinely inspired choices. Listen in to my interview with Sam Liebowitz, “The [...]
From the Benefits-Outweigh-Burdens Department: Rob Smorfitt, a serial entrepreneur, small business blogger, and Ph.D. candidate in South Africa, has looked into (and lived through) many business partnerships. His research indicates that partnerships are a key factor in both entrepreneurial success and (perhaps even) personal stress reduction. Read his post to find out more!
What if your partner is also your . . . partner? The Memphis Daily News on Correale Builders & Realtors in Germantown, Tennessee. Not an unusual business, but for the fact that the business owners are both married to the job . . . and married to each other. As the Correales admitted: . . . [...]
From Ben Canosha’s blog, a good suggestion before starting a business with others: Before going into a partnership with someone, spend time with them in three different kinds of situations: a relaxing one, a competitive one, and an intellectually stimulating one. – Joan Kelly And as a model of collaboration, his new project, Business Rules of [...]
When you’re starting your business, partnership agreements can seem a tedious exercise. Not only do they take time and careful planning, but also partnership agreements can feel like a bucket of cold water–a real reality dose on your starry-eyed beginnings. Listen in to my BlogTalkRadio interview with Wendy Hanson of The Sassy Ladies, where we cover [...]
Partnerships can be tough under the best of circumstances. Communication gets garbled even when you’re sitting right next to your business partner. But can you imagine the challenges in having a business partner in another city, state, or country? I cam across a post that inspired me to think about it: one business owner is [...]
Sometimes, a break from routine is a good thing. Had Ari Weinzweig not allowed his business partner, Paul Saginaw, to drag him away from his normal business routine, the Zingerman’s Deli of Ann Arbor might not have reached its $20 million target ahead of schedule. Saginaw impressed upon Weinzweig the need to step out of [...]
Business partnerships are easy to begin, tough to maintain. (Equally tough is finding a webcam freeze frame that doesn’t make me look downright goofy). In this video, I’m interviewed by Phil Simon, technology expert, management consultant, and author of the recently-released The Age of the Platform (his 4th book). We cover a range of business partnership issues including: What prompted me [...]
Not all business partners are actively involved in a company’s day-to-day operations. Call them “passive investors,” “angel investors,” or “financial partners,” it all comes down to money and wanting a return on the investment. As an example, Sequoia Capital, which provides capital and investment opportunities, has a checklist/outline on its site of what it likes to [...]
One of the advantages to blogging on business partnership issues is that it’s a wonderful conversation catalyst. Everyone has a story to tell! As I was waiting on line to get coffee at the recent BlogHer for Business conference, I was regaled with a sad tale of woe, disappointment, and destructive passive-aggressive behavior. Seems that [...]