Business partnerships have a notoriously high rate of failure because not enough is done up front to properly vet the person being considered. In today's episode, Steve and Will discuss why this occurs and share some strategies for finding the right business partner for you.
Lots of business owners look at partnering as a way to expand or sometimes survive. They believe that bringing someone else in will help them grow because of what the other person is perceived to be bringing to the partnership.
2:00 Discussion points: (8:00 mins)
10:00 Tips for improving in this area or overcoming this problem: (7:00 mins)
17:00 Final Take-aways: (2:00 mins) Recap primary listen benefit Partnership success is more about compatability and shared vision for the future than any thing else. Taking on a partner is like getting married. It takes time and understanding the other person before it has a chance to work.
19:00 Closing comments: (show promotion, next episode, events, etc.)
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20:00 Show ends
Article: Selecting the Right Business Partner
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To learn more about co-hosts Steve Smith and Will Robertson, visit their respective website.