http://navigatingforsuccess.com/blog/business/navigating-partnerships/want-a-successful-business-partnership-dont-withhold/ Channeling Passion & Goals into Focused Action Thu, 24 Sep 2009 16:24:07 +0000 hourly 1 http://wordpress.org/?v=3.0 http://navigatingforsuccess.com/blog/business/navigating-partnerships/want-a-successful-business-partnership-dont-withhold/comment-page-1/#comment-53 moss jackson Wed, 16 Sep 2009 14:17:29 +0000 http://navigatingforsuccess.com/blog/?p=53#comment-53 Hi Sofia, Thanks for you comments. I can appreciate you father's insight. Most partnerships do not work out well, either from the financial or personal perspectives. The most important place to start is at the beginning: are the partners aligned on where the business is going, what their individual roles and responsibilities are, and do they possess the values and personal compentencies to keep their word and get the job accomplished? Is more prospective partners understood the need to qualify a partner candidate and do the work up front, they would probably make better decisions to create a partnership or to walk away from it early on. Hi Sofia,
Thanks for you comments. I can appreciate you father’s insight. Most partnerships do not work out well, either from the financial or personal perspectives. The most important place to start is at the beginning: are the partners aligned on where the business is going, what their individual roles and responsibilities are, and do they possess the values and personal compentencies to keep their word and get the job accomplished? Is more prospective partners understood the need to qualify a partner candidate and do the work up front, they would probably make better decisions to create a partnership or to walk away from it early on.

]]> http://navigatingforsuccess.com/blog/business/navigating-partnerships/want-a-successful-business-partnership-dont-withhold/comment-page-1/#comment-52 Sofia Clark Tue, 15 Sep 2009 18:52:21 +0000 http://navigatingforsuccess.com/blog/?p=53#comment-52 My father used to said that "the fastest sinking ship was a partner-ship". I started a corporation with a person I knew for a very long time because I thought that he would help make our business stronger, but it was the worst mistake I have ever made. He just did not do his share and was very dangerous around the money. After that error, I have been flying solo. My father used to said that “the fastest sinking ship was a partner-ship”.
I started a corporation with a person I knew for a very long time because I thought that he would help make our business stronger, but it was the worst mistake I have ever made. He just did not do his share and was very dangerous around the money. After that error, I have been flying solo.

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