I was reading about partnership business and I came across this article somewhere, we’ve all heard the horror stories about business partnerships gone wrong – disagreements, legal battles, and even, in extreme cases, assassinations. But on the flip side, we see famed partnerships in developed countries that have stood the test of time and grown into industry giants. Think of Google, founded by Larry Page and Sergey Brin, or Apple, started by Steve Jobs and Steve Wozniak.
I have no reference to this issue because I have never been directly involved in partnerships when running a business. But from what I have heard, generally business partners will end badly because of some problems that will occur later. In a narrower context, business partners with new partnerships will be unprofitable because many things have to be done as an effort to develop and on the other hand capital also determines its direction. In some cases it may be true that business partners can benefit both parties but it is very rare to find a good ending after everything has developed.
I am more interested in finding business partners who only consider profit sharing and they do not interfere in business development. In a narrower sense, they are only investors who expect a share of the profits but do not interfere in the business being developed. Of course it is difficult for us to find such partners, but in my opinion this is much more profitable for everyone.