Partnerships

Post image for Turning Over Your Business to Blood (Relations, That Is)

Transitioning a business is never easy under the best of circumstances; having a family succession plan is even thornier.After all, you are entrusting your life’s work to people who, years ago, may have (1) stolen your boyfriend (or favorite party dress or Johnny Mathis album), (2) crashed the station wagon while carousing after a high […]

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From the Department of Business Partnership Nightmares comes this plea for help from LordMJ: Here’s the skinny: Partner 1 and Partner 2 met in corporate America and started a venture together when both had full-time jobs Partner 1 left the corporate job and entered grad school, ostensibly to help the business (and supposedly by mutual […]

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Post image for Transformative Collaboration

Although written from a not-for-profit perspective, Alison Rapping of Alison & Associates (a not-for-profit consultancy based in Arizona) shares my view that “collaborations are going to be a driving force in building stronger relationships.” In particular, I think that collaboration (or what I would call “alliances” in the for-profit sphere) will become more and more […]

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Want to learn about strategic alliances in action?  Listen to this podcast from Aldonna Ambler, “The Growth Strategist,” as she interviews Michael Pires, President of HR411.com.  Pires talks about: How rapid growth can be driven by strategic partnerships How and why he changed his business model What it took to grow their customer base from […]

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Post image for Business Partnerships — On Video!

Thanks go to Lindsay Eisenhut for pointing me to Prendismo.com.  They have a number of short videos on aspects of business partnerships.  Topics include: Partnership benefits Challenges and pitfalls Friends and family Ownership Trust Check it out!

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Once upon a time, there was a fox that had fallen into a well. A thirsty goat ambled by and asked the fox if the water was good. The fox told the goat that he had never tasted such clear, pure, water in his life. The goat was so thirsty, that he went into the […]

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Summer getaway vacations are a lot like business partnerships. You need an outlook of adventure, a mindset for cooperation, and an attitude of mutual respect. You also need to be mindful of your budget. It’s a journey that you’re sharing together. Like vacations, business partnerships can spoil for many reasons. But the grounds often circle […]

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Strategic alliances are much more than just a gesture of mutual goodwill – they have become a necessary tool, whether it’s to strengthen social responsibility credentials, pursue complex R&D projects, or simply grow in ways that one company can’t manage alone. Click on the link for a series of articles culled by BNET on the finer […]

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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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