Business Partners

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 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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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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So you’ve started a business.  And it’s just you.  What happens if you get really sick or injured?  Or a parent needs care-taking?  Or your physical presence in business isn’t possible for several months? That’s one of the significant issues that Rajesh Shakya points out in his post, “Challenges to Find the Right Partner in […]

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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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