Dec 3, 2008
Looking for a business partner? What are the qualities of an ideal must find a business partner? I was thinking about this today and this article is based on my personal history business.
In my business experience I have learned that the qualities we look for in a friend are not the same as the qualities I would look for in a business partner. In many cases, their friends could make the worst partners!
The ideal business partner is someone who possesses skills that you do not have. This makes the business stronger by improving the qualities that can bring to the table in any discussion, negotiation and meeting. It also helps a lot if they are financially very strong and can bring more resources to the table if necessary.
In my previous company my brother was one of my partners. He was exceptionally good in art and design. He created our first brochure and our website. He helped build the brand image of our company.
I was good at creating and holding the team together so that the business could grow. Together we have created a highly profitable enterprise employing more than 45 people.
I think the kind of a couple should look for is someone who is very enthusiastic about life. The enthusiasm is contagious and can help you stay motivated in difficult times. I also like the people who are full of ideas and can see opportunity where others can not.
I admire people who refuse to take no for an answer. Persistence is a great quality, and often can be successful. In my previous company packing my partner called the largest company in Dundee - NCR (National Council of Registrars cash) every three months during more than four years will only be told to go away. "Do not call us, we will call you," was the reply.
In the fifth year that do not call us and asked us to summon more than one million dollars of business. The entire process from initial quotation, trialling our products to ensure the business had a further three months. Just gave us the opportunity to quote because of their persistence.
The ideal business partner must also have the same commitment to companies like you. In one of my previous business I had a couple (also a friend) who was very lazy. This created a lot of friction in the business and nearly broke our friendship.
Whatever you do, do not go into business with someone who has a short fuse. People who quickly lose their tempers are much more difficult to achieve in the long term. A company that was closely associated with two partners who both had bad tempers. Although his business had great potential that did not end because of his aggressive behavior toward others.
If you go into a business relationship with someone you really do not know, then it's a great idea to conduct a credit check on the individual. If the person has a high credit score this says a lot about their values.
Her hobbies and organizations that belong can also help you understand a person's true character. Talk with other members of these organizations for more information about the person you are considering. It could be a good idea if someone carries out this investigation on its behalf.
If you do not end up with an ideal business partner that agreed with their plans, goals and values of the company should accelerate their growth. Working with a business partner will provide more business opportunities instead of working on your own. Together, you can come up with twice the business ideas and trade leads.
In my business experience I have learned that the qualities we look for in a friend are not the same as the qualities I would look for in a business partner. In many cases, their friends could make the worst partners!
The ideal business partner is someone who possesses skills that you do not have. This makes the business stronger by improving the qualities that can bring to the table in any discussion, negotiation and meeting. It also helps a lot if they are financially very strong and can bring more resources to the table if necessary.
In my previous company my brother was one of my partners. He was exceptionally good in art and design. He created our first brochure and our website. He helped build the brand image of our company.
I was good at creating and holding the team together so that the business could grow. Together we have created a highly profitable enterprise employing more than 45 people.
I think the kind of a couple should look for is someone who is very enthusiastic about life. The enthusiasm is contagious and can help you stay motivated in difficult times. I also like the people who are full of ideas and can see opportunity where others can not.
I admire people who refuse to take no for an answer. Persistence is a great quality, and often can be successful. In my previous company packing my partner called the largest company in Dundee - NCR (National Council of Registrars cash) every three months during more than four years will only be told to go away. "Do not call us, we will call you," was the reply.
In the fifth year that do not call us and asked us to summon more than one million dollars of business. The entire process from initial quotation, trialling our products to ensure the business had a further three months. Just gave us the opportunity to quote because of their persistence.
The ideal business partner must also have the same commitment to companies like you. In one of my previous business I had a couple (also a friend) who was very lazy. This created a lot of friction in the business and nearly broke our friendship.
Whatever you do, do not go into business with someone who has a short fuse. People who quickly lose their tempers are much more difficult to achieve in the long term. A company that was closely associated with two partners who both had bad tempers. Although his business had great potential that did not end because of his aggressive behavior toward others.
If you go into a business relationship with someone you really do not know, then it's a great idea to conduct a credit check on the individual. If the person has a high credit score this says a lot about their values.
Her hobbies and organizations that belong can also help you understand a person's true character. Talk with other members of these organizations for more information about the person you are considering. It could be a good idea if someone carries out this investigation on its behalf.
If you do not end up with an ideal business partner that agreed with their plans, goals and values of the company should accelerate their growth. Working with a business partner will provide more business opportunities instead of working on your own. Together, you can come up with twice the business ideas and trade leads.
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