Feb 10, 2020
It’s probably not surprising, but most business coaches would not recommend starting your business with a business partner. Do I feel the same way?
Yes and no.
Yes, in that we’ve seen several business partnerships go sour due to the relationship complexities that come from running a business together.
No, in that my personal experience of participating in a business partnership has been extremely positive. So much so that I can’t imagine ever starting a business without a partner.
So for this episode, we discuss:
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How Corey and I made the decision to go into business together
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What made our situation different than most other business partnerships
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The importance of having a shared vision and alignment
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Why having different sets of skills and strengths improves your chances of success
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How to structure your partnership so it’s fair and balanced
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Why you should talk to a lawyer or accountant when creating a business entity together
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Why communication in a business partnership is very similar to communication in a romantic relationship
