Business Partners

Post image for Ancient Chinese Secret? The Key to Family Business Longevity

Thanksgiving is a day of gratitude, an opportunity to be with family. So on this family day, it’s somewhat fitting to have this post about family businesses. If you are, or have any inclination to be, in business with a family member, there is a secret to ensuring its success. Some firms have been family-owned […]

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Not sure what to look for?  Or how to evaluate the right business partner for you?   Then take a few moments to read my newly-published feature article in the widely-respected New York Enterprise Report. Entitled “How to Choose a Business Partner,” the article examines how differences in communications styles, values, and vision can alert you to […]

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I recently had an “OMG. Are you kidding me?!?!” moment when I came across NYT reporter John Eligon’s article on a law firm breakup, “For the Lords of Divorce, A Breakup.” The principals of Sheresky, Aronson, Mayefsky & Sloan were no babes in the woods, wet behind the ears, green, unsophisticated, inexperienced, naive [insert synonym of […]

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Post image for Getting Help in Choosing a Business Partner

It ain’€™t easy. And as the experts in my New York Enterprise Report article, How to Choose a Business Partner€? reveal, you may not want to go it alone. The same way you invite your gal-pals to have brunch with you and your sweetie (because, of course, you want to get their feedback to make sure […]

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My uncle has a favorite story from his childhood — those halcyon days before the advent of Nintendo, Game Boy, and Play Station.  In the woods behind his house, he found a large stick.  Some days, the stick was a sword.  Other days, it was a gun.  At rare moments, it served as a periscope.  […]

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Have you ever known a family that doesn’t have a fight . . . about something?  It could be about “who’s hosting Thanksgiving,” “who slighted whom,” or “how to run our business.”  In his article, Resolving Disputes in Family Businesses, David Gage points out that: A family business is really three distinct but intricately related systems: Family, […]

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Ever been hit up to invest in a friend’s or family member’s business? Is it wise to do so—given that you know them so well? What steps should you take when asked to invest (or lend money for) a loved one’s business? Tune in to Wall Street Journal Radio, where I sit down with Veronica […]

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OK, I’m not going to gripe and ask why I’m not on Trump University’s faculty when I see someone else blogging about business partnerships.    Clearly, Randal Pinkett, PhD, is tighter with “The Donald” than I am (which is to say, I have no connection to Donald Trump unless I wanted to play 6 Degrees […]

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Thoriso Mashego writes: Every internet marketer who is married has come across this problem:  How to convince their wife or husband that they are not wasting money, but investing it for the family by building a home-based business or internet business. And that got me thinking.  Whatever your business, the support of spouse, life partner, significant […]

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From my partnership teleseminar partner, Marian Banker, here is a handy article entitled “7 Tips for a Business Partnership That Works.”  It outlines 7 important steps to establish so that the partnership starts strong and stays strong. What’s the 8th tip?  Coming from a lawyer (me!):  “Get it in writing!”   🙂 For more helpful tips and tools, […]

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