Post
Topic
Board Economics
Re: Are business partners worth it.
by
Lanatsa
on 15/07/2024, 14:47:52 UTC
~snip~
Even business partners are very important for our business journey further to accept many opportunities, we see many extraordinary business people they partner with many other business people who make them grow bigger and develop much faster with partners in their business, of course we need to see more factors to consider and need to be an agreement because talking about partners we will talk about advantages and disadvantages and other risks, It is important for us to find the right people to make business partners, yes even though it is quite difficult but we need to understand deeply our partners who will become friends in our business journey, because if it is wrong it will be a very fatal thing in a business, they can stab us in the back or something else that endangers our business, therefore there needs to be a consequence agreement and see if that person has the proper competence to be a partner with our business.

Talking about business partners is not only about external parties that we will work with in different industries, such as shipping companies or distributors of our products or others, but employees are the closest business partners to help us grow our business, the more you understand this early then you will really understand why employee selection is very important in your business journey
Relationships are more than just numbers and handshakes. This basic dance of ego and ambition clashes with two facts. Need a friendship that will last? You need to look deeper. See what's going on in their eyes to understand their worries, wants, and morning motives. It is not about how strong they are or how long their resume is. That gut feeling and energy that you can't put into words when you connect. Are their values the same as yours? Do they understand the core and goal of your business?

Just think about a friendship. They must be someone you trust and respect, and you must be sure they won't sneak up on you. The truth is that some people do not follow the rules. Finish your work. Learn about the human beast. Finding someone who knows your goals and has skills that complement your own is important. For the most part, business is about the people who work there
Or simply having that harmony and having that in line interest and goals or perceptions towards things would really be that something crucial specially if we are really that dealing up with business partnerships.
Both is needed up to have that kind of hard work and good decision making. If there would really be those objections due to conflict of interest and ideas then it is really just that normal.
Try to assess on which one would really be that good or ideal or simply could give out that good effect but of course there's no assurance because in terms of risk then its always present.
But of me then as much as possible then i would really be that interested on being a sole proprietor or doesnt have that kind of partnership when it comes on running up a business.
I just dont really like that there would really be those conflicts and i dont like about that money or financial risks which would be causing up into deeper problems.