How to Find Good Business Partners

Shaf

Verified member
Some of the best businesses over time have been founded by partners or a large team of people working together towards a common goal.
Some have failed woefully on the other hand. Choosing the right partners can make or mar your startup, so how do you know who to partner with?

The first rule is to find someone you can work with comfortably, someone you trust and enjoy spending time with. You want to be able to have candid discussions with this person.

The next thing is to ensure this person shares the same dreams as you do for the business. If there is any conflict of interest from this initial stage, there is bound to be problems later.


You also don't want to work with someone who is lazy or unskilled. As a partner, the person should bring skills or contributions that will help the growth of the business.

You should also be able to solve any conflicts easily. Someone who keeps grudges would be difficult to work with.
 

Lens1000

VIP Contributor
We can get respectable partners to partner with in a business if we know him in m person and we understand that there wouldn't be a problem in the future . It is always better to have a written document whenever you want to engage in partnership business so that the agreement will be the guiding principle to which money will be shared. The way at which decision should be made and the ways at which the business will be managed . This is why there is a partnership deed in the partnership business that will guide in the code and conduct of partnership investment..
 
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