March 28, 2015
Here’s a helpful post by Chris Flett, author of What Men Don’t Tell Women About Business, outlining four important steps in developing a profitable venture. To summarize: Set expectations Develop a style of management that all can work with Make it easy for contributors, staff, and vendors to work in the model Find a way to marry different business models — there’s a place for everyone. As he says, “the most important thing is getting everyone on the same page, having clear and collective expectations, and doing your best realizing that your system of doing business might be very different than those of your partners.” So true. One of the ways to ensure that you have the same understanding is to prepare a JV agreement. For what Flett doesn’t specifically mention is . . . expectations about money — how much each JV partner will put in (if any) and what you’ll each take out. This is a sensitive area you don’t want to leave to chance. If you liked what you read, watch our video to…
Continue Reading“I. Don’t. Have. Time. To. Grow. My. Business,” said Mark through clenched teeth. I could hear the frustration in the clipped tones. The resentment. The weariness. Trying to keep a lid on it all. And…
Read MoreListen to the Episode Below: So you’ve finally decided you can’t do everything yourself. It’s time to grow. You put time and effort into recruiting the right people. Then –WHAM!–they up and leave. And you’re…
Read More“Can I? Can I?” I hear you asking. Well, you’re asking the wrong question. The issue is not whether you can download your client contracts from the internet, it’s whether you should. And once you do (because…
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