If you believe that your company will be better off with some partners, then let no one stop you from following what is inside your heart. However, you will have to include the facts into the equation as well. You must not allow yourself to be blinded by your heated desire to become successful. Thus, treat this source as your guide.
First of all, you are required to have a comprehensive meeting with your lawyers. They are the people that you really need right now since you are on the verge of getting into partnerships. Remember that without these people, you would never have any legal advice. Thus, talk to them as soon as you can especially if you have deadline to keep.
Second, be certain that you are able to see the same thing with your prospects. If you have clashing opinions all the time, then consider that as bad sign on your part. You can never have this type of people on your team. They will only bring trouble along your way. When that happens, then your business might fall apart.
Third, see to it that your prospects are as motivated as you are. Keep in mind that you cannot be a small time business owner for the rest of your life. You would have to climb up the corporate ladder as each year goes by. So, your candidates should be able to share the same drive that you possess for you not to have any problems in the end.
If you are only capable of talking business with your prospects, then this means that you can only have a one dimensional relationship with these people. This is actually not a beneficial situation for you. So, consider the candidates that you still have left. If they are nothing like the first people whom you have met, then you can have them shortlisted.
If you want to turn your family member into your partner, then you are free to do so. You definitely have nothing to lose in that set up. You can train your loved one in a regular basis since you both live in the same house. You can also count on this person to never fool you since you know you know him or her well.
On the other hand, you should not be afraid to give a sanction to your partners if ever they have committed something wrong. You must be able to treat them the way that you handle your regular employees. Otherwise, they will think that they are completely entitled to a special treatment even if they are not.
However, you should give your partners a little bit of freedom. Allow them to file an official leave of absence if ever they want to take a vacation from time to time. You should not deprive them of this privilege if you do not want your meanness to backfire towards you. That is just the way it should be.
Lastly, determine how you will be able to exit. No matter how much you trust your partners, you will never know what they will do to you in the future. So, the plan must be bulletproof at all cost.
First of all, you are required to have a comprehensive meeting with your lawyers. They are the people that you really need right now since you are on the verge of getting into partnerships. Remember that without these people, you would never have any legal advice. Thus, talk to them as soon as you can especially if you have deadline to keep.
Second, be certain that you are able to see the same thing with your prospects. If you have clashing opinions all the time, then consider that as bad sign on your part. You can never have this type of people on your team. They will only bring trouble along your way. When that happens, then your business might fall apart.
Third, see to it that your prospects are as motivated as you are. Keep in mind that you cannot be a small time business owner for the rest of your life. You would have to climb up the corporate ladder as each year goes by. So, your candidates should be able to share the same drive that you possess for you not to have any problems in the end.
If you are only capable of talking business with your prospects, then this means that you can only have a one dimensional relationship with these people. This is actually not a beneficial situation for you. So, consider the candidates that you still have left. If they are nothing like the first people whom you have met, then you can have them shortlisted.
If you want to turn your family member into your partner, then you are free to do so. You definitely have nothing to lose in that set up. You can train your loved one in a regular basis since you both live in the same house. You can also count on this person to never fool you since you know you know him or her well.
On the other hand, you should not be afraid to give a sanction to your partners if ever they have committed something wrong. You must be able to treat them the way that you handle your regular employees. Otherwise, they will think that they are completely entitled to a special treatment even if they are not.
However, you should give your partners a little bit of freedom. Allow them to file an official leave of absence if ever they want to take a vacation from time to time. You should not deprive them of this privilege if you do not want your meanness to backfire towards you. That is just the way it should be.
Lastly, determine how you will be able to exit. No matter how much you trust your partners, you will never know what they will do to you in the future. So, the plan must be bulletproof at all cost.
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