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Choosing Partners in Doing Business
Who you get on with down the pub, may not be in the office
Have a think of the partners you have. Some of them were carefully recruited or looked for, whilst some others perhaps you just ended up with. Perhaps it started off as an interesting idea. The idea turned into a project and before you know it a company.
The honeymoon period soon passed and all of a sudden you woke up and smelt the roses. You are now staring at your partner and asking yourself why them, and why me!?!
Yet when it comes to this moment, it hasn’t been a day or a week, but months or maybe a year.
The partners ultimately picked themselves because at the beginning neither of you had ever taken that time to step back and really thing about the relationship.
When we think of partners we can think of the buyer/seller relationship, the project partnership relationship, the subcontractor relationship, and even the employer/employee relationship.
In this case we are focussing about those partners in starting a business, the coowners or cofounders, although many of the following tips can be applied across the board.
Here’s what we recommend doing before moving forward on your next venture.
