A Fool and His Money

Going into business with a partner has limitless benifits. Google is a prime example. Why is there a good relationship between the two partners?

Having a partner may spread the risk of something going wrong, risk, the financial exposure and problems, or even because its a business that needs two people.

BUT DONT BE A FOOL! Learn from others mistakes. If you choose the wrong partner (Yes, you. Make sure you choose and not chosen), it could be your worst experience in life. Why? I’ll may write about this some other time.

• For now i’ll touch upon what you should look for in a business partner:
• Do you know the person well?
• Do they have good business skills?
• Do you have a similar skill set? Ideas? Etc.
• Is the person hard working?
• Can they handle pressure? Go though difficult times?
• Enough trust?

You need to look at all of these.

Tags: Business, General, General Advice // Add Comment »