Collaboration in a new business venture: should you or shouldn’t you partner?

When you’re considering starting a business with a partner, it’s vital that you learn as much as possible about them before making a commitment. You’ll certainly have to shoulder less of the financial burden and risk, but differences of opinion and profit sharing can eventually create very real conflicts between the two of you. Before moving forward, consider what your own expectations are of a potential partner; ask about their financial situation and establish whether they can make a genuine commitment of time and energy.

Some businesses can adapt well to having a joint leadership strategy; after all, you’ll boast twice the skills, knowledge, contacts and drive of those owned singly. Better still, you can bounce ideas off each other and fine-tune your best innovations collaboratively. If things go wrong, both of you will have a different perspective on the key issues; this can help you come up with a more creative solution and avoid similar problems occurring in the future. A partnership reduces the fear of failure that most entrepreneurs have felt at some point; with a partner you’re never alone. In the good times and the bad, they are a sounding board, a brother/sister in arms and a listening ear – as you are to them.

However, just like in a marriage, you have to knock the corners off each other as you go, and if one person doesn’t pull their weight, refuses to compromise, or their circumstances drastically change, you may find your partnership teetering on the edge. Resentment is most common when one person is – or perceives him/herself to be – doing most of the work and only receiving half of the rewards. Conflicts can also arise when your future plans begin to diverge; a business plan has to be reworked regularly, but if you don’t see eye to eye with your co-owner, it can be impossible to do so successfully.

To find out more about this or any other aspect of investments, head over to Wesley Edens’ site; he’s a leading financial executive with 25 years of experience and heads the private equity arm of Fortress Investment Group. He has managed its development from small private investments to becoming NYSE-listed and having a global reach. Wesley continually works to improve the services in his industry, overseeing both traditional and new alternative types of investment.

87 Responses to Collaboration in a new business venture: should you or shouldn’t you partner?
  1. Health and Fitness
    April 20, 2018 | 5:35 pm

    I do trust all the concepts you have offered to your post. They are really convincing and will certainly work. Still, the posts are too quick for beginners. Could you please prolong them a bit from next time? Thank you for the post.

  2. Health and Fitness
    April 20, 2018 | 6:11 pm

    F*ckin’ awesome issues here. I am very happy to see your post. Thank you so much and i am taking a look ahead to touch you. Will you kindly drop me a e-mail?

  3. Health and Fitness
    April 20, 2018 | 10:45 pm

    magnificent points altogether, you just won a logo new reader. What could you recommend in regards to your post that you just made some days in the past? Any certain?

  4. Health and Fitness
    April 20, 2018 | 11:49 pm

    hello!,I love your writing so a lot! proportion we communicate more about your article on AOL? I require an expert in this space to solve my problem. Maybe that is you! Having a look ahead to see you.

  5. Health and Fitness
    April 21, 2018 | 3:06 am

    fantastic points altogether, you just gained a logo new reader. What may you recommend in regards to your post that you simply made some days ago? Any certain?

  6. cool gadgets for men
    April 21, 2018 | 3:41 am

    excellent submit, very informative. I ponder why the opposite specialists of this sector do not notice this. You should continue your writing. I am confident, you’ve a huge readers’ base already!

  7. business current events
    April 21, 2018 | 3:54 am

    Very well written information. It will be useful to anybody who employess it, as well as me. Keep doing what you are doing – i will definitely read more posts.

  8. Sport
    April 21, 2018 | 3:55 am

    This is really interesting, You’re a very skilled blogger. I have joined your feed and look forward to seeking more of your wonderful post. Also, I’ve shared your web site in my social networks!

  9. business
    April 21, 2018 | 3:59 am

    I like what you guys are up also. Such clever work and reporting! Carry on the excellent works guys I¡¦ve incorporated you guys to my blogroll. I think it will improve the value of my site 🙂

  10. Health and Fitness
    April 21, 2018 | 4:05 am

    I went over this site and I think you have a lot of wonderful info, saved to my bookmarks (:.

  11. Health and Fitness
    April 21, 2018 | 5:28 am

    I do consider all of the ideas you’ve presented to your post. They are very convincing and can definitely work. Nonetheless, the posts are very short for beginners. May you please lengthen them a bit from next time? Thank you for the post.

  12. Health and Fitness
    April 21, 2018 | 6:11 am

    Hi my friend! I want to say that this article is awesome, great written and come with almost all significant infos. I’d like to see extra posts like this.

  13. Skye Pharel
    April 21, 2018 | 10:12 am

    Link exchange is nothing else butexcepthowever it is onlysimplyjust placing the other person’s blogweblogwebpagewebsiteweb site link on your page at properappropriatesuitable place and other person will also do samesimilar forin favor ofin support of you.

  14. Health and Fitness
    April 21, 2018 | 3:25 pm

    Awsome post and straight to the point. I don’t know if this is actually the best place to ask but do you folks have any ideea where to employ some professional writers? Thanks 🙂

  15. Health and Fitness
    April 21, 2018 | 6:52 pm

    I like this post, enjoyed this one regards for posting .

  16. News
    April 21, 2018 | 8:36 pm

    I and my friends have been examining the best information on your web page and so all of the sudden came up with a horrible suspicion I never expressed respect to the website owner for those secrets. The women ended up for this reason thrilled to see them and have undoubtedly been tapping into those things. Thanks for simply being considerably accommodating and for selecting such quality subjects most people are really needing to learn about. Our own sincere regret for not saying thanks to sooner.

  17. Fashion
    April 22, 2018 | 8:20 am

    I haven’t checked in here for some time as I thought it was getting boring, but the last few posts are good quality so I guess I’ll add you back to my daily bloglist. You deserve it my friend 🙂

  18. Health and Fitness
    April 22, 2018 | 9:22 am

    Thank you for the sensible critique. Me & my neighbor were just preparing to do a little research on this. We got a grab a book from our area library but I think I learned more from this post. I’m very glad to see such wonderful information being shared freely out there.

  19. Health and Fitness
    April 22, 2018 | 10:59 am

    I have learn several just right stuff here. Definitely price bookmarking for revisiting. I surprise how much attempt you put to make this type of excellent informative website.

  20. Online Clothing Stores
    April 22, 2018 | 4:16 pm

    Good write-up, I¡¦m normal visitor of one¡¦s site, maintain up the nice operate, and It is going to be a regular visitor for a long time.

  21. Hospitality And Tourism
    April 22, 2018 | 4:36 pm

    I needed to compose you the very small word in order to say thanks a lot once again with the superb pointers you have contributed at this time. This is quite shockingly open-handed with people like you to allow without restraint just what many individuals could possibly have made available for an e-book to help with making some dough on their own, most importantly seeing that you might have done it if you desired. The creative ideas in addition worked to become a great way to realize that the rest have similar eagerness the same as mine to understand very much more on the topic of this matter. I am sure there are some more enjoyable times in the future for many who view your website.

  22. Health and Fitness
    April 22, 2018 | 5:16 pm

    Good write-up, I¡¦m normal visitor of one¡¦s blog, maintain up the excellent operate, and It is going to be a regular visitor for a lengthy time.

  23. Health and Fitness
    April 22, 2018 | 6:16 pm

    Some genuinely prize posts on this site, saved to bookmarks .

  24. Health and Fitness
    April 22, 2018 | 7:22 pm

    My brother suggested I might like this blog. He was entirely right. This post truly made my day. You can not imagine simply how much time I had spent for this information! Thanks!

  25. Health and Fitness
    April 22, 2018 | 8:37 pm

    My husband and i got quite delighted Chris could conclude his research from the precious recommendations he obtained while using the weblog. It’s not at all simplistic just to choose to be giving freely tricks that some other people might have been making money from. So we acknowledge we have got you to thank for that. Those illustrations you’ve made, the easy web site menu, the relationships your site aid to engender – it’s many powerful, and it’s letting our son in addition to the family reckon that that idea is thrilling, and that’s extremely pressing. Many thanks for the whole lot!

  26. Travel Agent Online
    April 23, 2018 | 1:32 am

    Great blog right here! Also your website quite a bit up very fast! What web host are you the use of? Can I am getting your associate hyperlink for your host? I desire my site loaded up as quickly as yours lol

  27. Flower Garden Ideas
    April 23, 2018 | 1:33 am

    Its like you read my mind! You seem to know so much about this, like you wrote the book in it or something. I think that you could do with some pics to drive the message home a little bit, but other than that, this is fantastic blog. A fantastic read. I’ll definitely be back.

  28. About Finance Lease
    April 23, 2018 | 1:33 am

    hello there and thank you for your info – I have certainly picked up anything new from right here. I did however expertise several technical issues using this website, as I experienced to reload the website a lot of times previous to I could get it to load correctly. I had been wondering if your web host is OK? Not that I’m complaining, but sluggish loading instances times will often affect your placement in google and could damage your high-quality score if ads and marketing with Adwords. Well I am adding this RSS to my email and can look out for much more of your respective fascinating content. Make sure you update this again very soon..

  29. Car Industry News
    April 23, 2018 | 1:36 am

    Thank you for another magnificent post. The place else could anybody get that type of information in such an ideal way of writing? I’ve a presentation subsequent week, and I’m at the search for such info.

  30. Keynote Speaker
    April 23, 2018 | 1:53 am

    You made some decent points there. I did a search on the subject matter and found most individuals will consent with your site.

  31. Health and Fitness
    April 23, 2018 | 4:21 am

    You have brought up a very great points , regards for the post.

  32. Health and Fitness
    April 23, 2018 | 9:08 am

    I relish, lead to I found just what I used to be looking for. You’ve ended my four day lengthy hunt! God Bless you man. Have a nice day. Bye

  33. Health and Fitness
    April 23, 2018 | 9:13 am

    I got what you intend, regards for posting .Woh I am glad to find this website through google. “Since the Exodus, freedom has always spoken with a Hebrew accent.” by Heinrich Heine.

  34. Health and Fitness
    April 23, 2018 | 10:52 am

    As soon as I discovered this internet site I went on reddit to share some of the love with them.

  35. Eduardo Lemler
    April 23, 2018 | 11:19 am

    Hi thereHello, I enjoy reading all ofthrough your articlepostarticle post. I likewanted to write a little comment to support you.

  36. Health and Fitness
    April 23, 2018 | 1:26 pm

    We are a group of volunteers and opening a new scheme in our community. Your site offered us with valuable information to work on. You’ve done an impressive job and our whole community will be thankful to you.

  37. Health and Fitness
    April 23, 2018 | 2:11 pm

    Its like you read my mind! You appear to know so much about this, like you wrote the book in it or something. I think that you can do with a few pics to drive the message home a bit, but other than that, this is magnificent blog. An excellent read. I will certainly be back.

Leave a Reply


Wanting to leave an <em>phasis on your comment?

Trackback URL http://mynextbuck.com/collaboration-in-a-new-business-venture-should-you-or-shouldn%e2%80%99t-you-partner/trackback/

Collaboration in a new business venture: should you or shouldn’t you partner?

When you’re considering starting a business with a partner, it’s vital that you learn as much as possible about them before making a commitment. You’ll certainly have to shoulder less of the financial burden and risk, but differences of opinion and profit sharing can eventually create very real conflicts between the two of you. Before moving forward, consider what your own expectations are of a potential partner; ask about their financial situation and establish whether they can make a genuine commitment of time and energy.

Some businesses can adapt well to having a joint leadership strategy; after all, you’ll boast twice the skills, knowledge, contacts and drive of those owned singly. Better still, you can bounce ideas off each other and fine-tune your best innovations collaboratively. If things go wrong, both of you will have a different perspective on the key issues; this can help you come up with a more creative solution and avoid similar problems occurring in the future. A partnership reduces the fear of failure that most entrepreneurs have felt at some point; with a partner you’re never alone. In the good times and the bad, they are a sounding board, a brother/sister in arms and a listening ear – as you are to them.

However, just like in a marriage, you have to knock the corners off each other as you go, and if one person doesn’t pull their weight, refuses to compromise, or their circumstances drastically change, you may find your partnership teetering on the edge. Resentment is most common when one person is – or perceives him/herself to be – doing most of the work and only receiving half of the rewards. Conflicts can also arise when your future plans begin to diverge; a business plan has to be reworked regularly, but if you don’t see eye to eye with your co-owner, it can be impossible to do so successfully.

To find out more about this or any other aspect of investments, head over to Wesley Edens’ site; he’s a leading financial executive with 25 years of experience and heads the private equity arm of Fortress Investment Group. He has managed its development from small private investments to becoming NYSE-listed and having a global reach. Wesley continually works to improve the services in his industry, overseeing both traditional and new alternative types of investment.

87 Responses to Collaboration in a new business venture: should you or shouldn’t you partner?
  1. Health and Fitness
    April 20, 2018 | 5:35 pm

    I do trust all the concepts you have offered to your post. They are really convincing and will certainly work. Still, the posts are too quick for beginners. Could you please prolong them a bit from next time? Thank you for the post.

  2. Health and Fitness
    April 20, 2018 | 6:11 pm

    F*ckin’ awesome issues here. I am very happy to see your post. Thank you so much and i am taking a look ahead to touch you. Will you kindly drop me a e-mail?

  3. Health and Fitness
    April 20, 2018 | 10:45 pm

    magnificent points altogether, you just won a logo new reader. What could you recommend in regards to your post that you just made some days in the past? Any certain?

  4. Health and Fitness
    April 20, 2018 | 11:49 pm

    hello!,I love your writing so a lot! proportion we communicate more about your article on AOL? I require an expert in this space to solve my problem. Maybe that is you! Having a look ahead to see you.

  5. Health and Fitness
    April 21, 2018 | 3:06 am

    fantastic points altogether, you just gained a logo new reader. What may you recommend in regards to your post that you simply made some days ago? Any certain?

  6. cool gadgets for men
    April 21, 2018 | 3:41 am

    excellent submit, very informative. I ponder why the opposite specialists of this sector do not notice this. You should continue your writing. I am confident, you’ve a huge readers’ base already!

  7. business current events
    April 21, 2018 | 3:54 am

    Very well written information. It will be useful to anybody who employess it, as well as me. Keep doing what you are doing – i will definitely read more posts.

  8. Sport
    April 21, 2018 | 3:55 am

    This is really interesting, You’re a very skilled blogger. I have joined your feed and look forward to seeking more of your wonderful post. Also, I’ve shared your web site in my social networks!

  9. business
    April 21, 2018 | 3:59 am

    I like what you guys are up also. Such clever work and reporting! Carry on the excellent works guys I¡¦ve incorporated you guys to my blogroll. I think it will improve the value of my site 🙂

  10. Health and Fitness
    April 21, 2018 | 4:05 am

    I went over this site and I think you have a lot of wonderful info, saved to my bookmarks (:.

  11. Health and Fitness
    April 21, 2018 | 5:28 am

    I do consider all of the ideas you’ve presented to your post. They are very convincing and can definitely work. Nonetheless, the posts are very short for beginners. May you please lengthen them a bit from next time? Thank you for the post.

  12. Health and Fitness
    April 21, 2018 | 6:11 am

    Hi my friend! I want to say that this article is awesome, great written and come with almost all significant infos. I’d like to see extra posts like this.

  13. Skye Pharel
    April 21, 2018 | 10:12 am

    Link exchange is nothing else butexcepthowever it is onlysimplyjust placing the other person’s blogweblogwebpagewebsiteweb site link on your page at properappropriatesuitable place and other person will also do samesimilar forin favor ofin support of you.

  14. Health and Fitness
    April 21, 2018 | 3:25 pm

    Awsome post and straight to the point. I don’t know if this is actually the best place to ask but do you folks have any ideea where to employ some professional writers? Thanks 🙂

  15. Health and Fitness
    April 21, 2018 | 6:52 pm

    I like this post, enjoyed this one regards for posting .

  16. News
    April 21, 2018 | 8:36 pm

    I and my friends have been examining the best information on your web page and so all of the sudden came up with a horrible suspicion I never expressed respect to the website owner for those secrets. The women ended up for this reason thrilled to see them and have undoubtedly been tapping into those things. Thanks for simply being considerably accommodating and for selecting such quality subjects most people are really needing to learn about. Our own sincere regret for not saying thanks to sooner.

  17. Fashion
    April 22, 2018 | 8:20 am

    I haven’t checked in here for some time as I thought it was getting boring, but the last few posts are good quality so I guess I’ll add you back to my daily bloglist. You deserve it my friend 🙂

  18. Health and Fitness
    April 22, 2018 | 9:22 am

    Thank you for the sensible critique. Me & my neighbor were just preparing to do a little research on this. We got a grab a book from our area library but I think I learned more from this post. I’m very glad to see such wonderful information being shared freely out there.

  19. Health and Fitness
    April 22, 2018 | 10:59 am

    I have learn several just right stuff here. Definitely price bookmarking for revisiting. I surprise how much attempt you put to make this type of excellent informative website.

  20. Online Clothing Stores
    April 22, 2018 | 4:16 pm

    Good write-up, I¡¦m normal visitor of one¡¦s site, maintain up the nice operate, and It is going to be a regular visitor for a long time.

  21. Hospitality And Tourism
    April 22, 2018 | 4:36 pm

    I needed to compose you the very small word in order to say thanks a lot once again with the superb pointers you have contributed at this time. This is quite shockingly open-handed with people like you to allow without restraint just what many individuals could possibly have made available for an e-book to help with making some dough on their own, most importantly seeing that you might have done it if you desired. The creative ideas in addition worked to become a great way to realize that the rest have similar eagerness the same as mine to understand very much more on the topic of this matter. I am sure there are some more enjoyable times in the future for many who view your website.

  22. Health and Fitness
    April 22, 2018 | 5:16 pm

    Good write-up, I¡¦m normal visitor of one¡¦s blog, maintain up the excellent operate, and It is going to be a regular visitor for a lengthy time.

  23. Health and Fitness
    April 22, 2018 | 6:16 pm

    Some genuinely prize posts on this site, saved to bookmarks .

  24. Health and Fitness
    April 22, 2018 | 7:22 pm

    My brother suggested I might like this blog. He was entirely right. This post truly made my day. You can not imagine simply how much time I had spent for this information! Thanks!

  25. Health and Fitness
    April 22, 2018 | 8:37 pm

    My husband and i got quite delighted Chris could conclude his research from the precious recommendations he obtained while using the weblog. It’s not at all simplistic just to choose to be giving freely tricks that some other people might have been making money from. So we acknowledge we have got you to thank for that. Those illustrations you’ve made, the easy web site menu, the relationships your site aid to engender – it’s many powerful, and it’s letting our son in addition to the family reckon that that idea is thrilling, and that’s extremely pressing. Many thanks for the whole lot!

  26. Travel Agent Online
    April 23, 2018 | 1:32 am

    Great blog right here! Also your website quite a bit up very fast! What web host are you the use of? Can I am getting your associate hyperlink for your host? I desire my site loaded up as quickly as yours lol

  27. Flower Garden Ideas
    April 23, 2018 | 1:33 am

    Its like you read my mind! You seem to know so much about this, like you wrote the book in it or something. I think that you could do with some pics to drive the message home a little bit, but other than that, this is fantastic blog. A fantastic read. I’ll definitely be back.

  28. About Finance Lease
    April 23, 2018 | 1:33 am

    hello there and thank you for your info – I have certainly picked up anything new from right here. I did however expertise several technical issues using this website, as I experienced to reload the website a lot of times previous to I could get it to load correctly. I had been wondering if your web host is OK? Not that I’m complaining, but sluggish loading instances times will often affect your placement in google and could damage your high-quality score if ads and marketing with Adwords. Well I am adding this RSS to my email and can look out for much more of your respective fascinating content. Make sure you update this again very soon..

  29. Car Industry News
    April 23, 2018 | 1:36 am

    Thank you for another magnificent post. The place else could anybody get that type of information in such an ideal way of writing? I’ve a presentation subsequent week, and I’m at the search for such info.

  30. Keynote Speaker
    April 23, 2018 | 1:53 am

    You made some decent points there. I did a search on the subject matter and found most individuals will consent with your site.

  31. Health and Fitness
    April 23, 2018 | 4:21 am

    You have brought up a very great points , regards for the post.

  32. Health and Fitness
    April 23, 2018 | 9:08 am

    I relish, lead to I found just what I used to be looking for. You’ve ended my four day lengthy hunt! God Bless you man. Have a nice day. Bye

  33. Health and Fitness
    April 23, 2018 | 9:13 am

    I got what you intend, regards for posting .Woh I am glad to find this website through google. “Since the Exodus, freedom has always spoken with a Hebrew accent.” by Heinrich Heine.

  34. Health and Fitness
    April 23, 2018 | 10:52 am

    As soon as I discovered this internet site I went on reddit to share some of the love with them.

  35. Eduardo Lemler
    April 23, 2018 | 11:19 am

    Hi thereHello, I enjoy reading all ofthrough your articlepostarticle post. I likewanted to write a little comment to support you.

  36. Health and Fitness
    April 23, 2018 | 1:26 pm

    We are a group of volunteers and opening a new scheme in our community. Your site offered us with valuable information to work on. You’ve done an impressive job and our whole community will be thankful to you.

  37. Health and Fitness
    April 23, 2018 | 2:11 pm

    Its like you read my mind! You appear to know so much about this, like you wrote the book in it or something. I think that you can do with a few pics to drive the message home a bit, but other than that, this is magnificent blog. An excellent read. I will certainly be back.

Leave a Reply


Wanting to leave an <em>phasis on your comment?

Trackback URL http://mynextbuck.com/collaboration-in-a-new-business-venture-should-you-or-shouldn%e2%80%99t-you-partner/trackback/