business partners

Post image for How Business Partnerships Can Be Counterintuitive

Life is supposed to be about the journey, not the destination (or so I’m told). Yet, when it comes to starting a business–or a business relationship like with business partners–what’s the best advice I can give? Begin with the end in mind.  It sounds counterintuitive, doesn’t it? To think about what could be the end, the […]

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Post image for Basic Training: Capital vs. Sweat Equity: What’s a Fair Buyout?

Q: I’m in a situation where one owner is an active “sweat equity” owner; the other is inactive but provides financial capital. I’m the sweat-equity owner who has put in the hours and grown the business, while the other has been gone for months at a time. I am now in the process of trying […]

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We’re thrilled to be joining the blogosphere with this launch of Business Partnership Central. As the name implies, we will strive to make Business Partnership Central a central repository for hot tips, latest news, valuable insights, and winning strategies on partnering relationships.

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Post image for Shareholder Agreement ‘Gotchas’

My colleague Rush Nigut recently posted a piece in his blog about a little-known provision of Iowa law that could invalidate shareholder agreements after 10 years. Think about it: You’re humming merrily along with your business partner, thinking you’re covered (because of COURSE, you hired an attorney and worked out an agreement), and your partner […]

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Post image for Today’s the Day for the Inside Scoop on Partnerships!

Turn off the TV.  Leave the e-mail alone for an hour.  The kids will fend for themselves.  It’s time for your Hour of Power–and learning how to create a business partnership that works. Just one hour–8 to 9 p.m. ET–can take you from tailspin to steady . . .  so make sure to sign up for […]

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Post image for Are You Prepared for Business Partnership?

It’s not as simple as it seems.  Business partnerships involve more than just finding a compatible playmate.  Learn how to avoid the pitfalls with my FREE teleseminar on Tuesday, Oct 6 at 8pm ET!  For information and registration, visit The Entrepreneur’s Prenup teleclass website!

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Post image for Avoiding a Bomb of a Business Partner

Drum roll, please . . .  I’m at T minus 16 for the launch of my latest product, The Entrepreneur’s Prenup: How to Choose a Business Partner Who Won’t [bleep] You.  It’s a home-study course that will take you through the top issues to consider when choosing a business partner and how you can screen […]

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Post image for The Partner Principle: Interview with Robert Tuchman

I was intrigued with what Robert Tuchman had to say about his experience with business partners–check out Chapter 5 (“The Partner Principle”) of Young Guns: The Fearless Entrepreneur’s Guide to Chasing Your Dreams and Breaking Out on Your Own. Especially as his is a success story. How rare is that? So I invited him back for a second […]

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Post image for TweetChat on Business Partnerships with @SmallBizLady!

What do you want to know about business partnerships?  Join me and Melinda Emerson, The Small Biz Lady, for a TweetChat at 8pm (ET) on Wednesday, September 22nd.  I’ll be sharing my insights on business partners, what makes for a solid partnership, and what parts of the process you DON’T want to DIY.  Sign up for […]

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Sorry for the inconvenience–my segment on “Avoiding Business Divorce” has been moved to Thursday, Aug. 5, at 10:30 a.m. (ET) If you can’t listen in live to our business partnership discussion, make sure you check back in for the replay. Have questions about business partnerships you’d want to “Ask The Business Lawyer”?  Listen in–on 8/5 […]

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