httpv://www.youtube.com/watch?v=JMG-89Mu_3M
When considering a partnership for your business you need to also consider that old adage that “good fences make good neighbors”. Instead of a partnership, a joint-venture might be better.
Episode 212: Your Paycheck Is the Most Expensive Thing You Own
Most people think their paycheck is their lifeline. It’s the thing that keeps the bills paid, food on the table, and maybe even a little left over for fun. But the truth is this: your paycheck is the most expensive thing you own.
Not because of what it gives you—but because of what it costs.
Dale,
I think your comments are right on track! I did not understand your definition of Partnership until later in your presentation. As a past worldwide manager of Business Partnerships I have a different definition of ‘partnership’. As with any relationship it does take work to make it work for both parties. A shared business partnership as you describe is a very difficult relationship to build and maintain over the life of the company/organization created.
Keep up the great information you are providing!
Thanks. Yes I am BIG on joint ventures – they can really add a great deal of value to all involved.