Real Money Talks

011 What You Need to Know About Going into Business with a Friend or Partner

Informações:

Sinopsis

Today on the Real Money Talks podcast, I want to talk about how to go into business with a friend or partner. Many entrepreneurs often come to a point in their business when they start to consider working with a friend, but often, it can be way more complicated and emotional than entering business with a partner. There are many things you should consider before jumping into a joint venture or partnership with someone – especially with a friend. So, today, I want to give you some food for thought on this to prepare you for the things that can happen and teach you how to go into a joint venture and sustain a healthy relationship with your team.   The best thinking is done in the beginning.   In This Episode of Real Money Talks: What you should consider before entering a joint venture partnership. How to maintain a healthy relationship with your partners. Considering the goals, outcomes, and duration of the deal. Choosing the right people on your team. Creating an exit strategy – before the deal is done. Thing