HOW TO CHANGE THE COURSE OF YOUR BUSINESS TODAY WITH AN ACCOUNTABILITY PARTNER SHARON VORNHOLT
My Accountability Partner and Why Our
Relationship Works
Your accountability partner should have experience
in your type of business otherwise they won’t have
any idea about the day to day challenges you face
in your business.
My accountability partner
happens to be a person that invests in multi-family
homes, whereas I primarily invest in single family
Just ask. You can start by asking people that you
know if they could make a recommendation.
homes.
Finding an accountability partner can be a little bit
She also has another business not related to real
estate. It is a business that is built on creating
like dating; you might not hit a homerun on the first
date. You just need to keep trying.
passive streams of income; the ATM business. The
interesting thing that has happened over the past
18 months is that what was once her secondary
business (the ATM) business, has become her
primary business and real estate has somewhat
been put on the back burner for now.
I have said it before; this is not the time to tap a
friend or relative for this job. You need an outside
person that can “hold your feet to the fire” if
necessary.
What do
these two types of businesses have in common?
5 Tips for Creating the Perfect Relationship
Passive income! Both the ATM business and real
1. The person you choose should be in the same
estate generate passive income. We are also both
general type of business as you are in, such as the
building online businesses too which will generate
broad topic of “real estate” or “internet business”.
… passive income. Can you begin to see how
They need to understand the challenges of your
beneficial it is that we are both alike in some
business. However, they do not need to be in the
respects and different in other ways?
same exact niche. In fact, it’s probably good if they
are not just like you. I also recommend that they
So How Can You Find An Accountability
not be located in your city.
Partner?
accountability partner that is also a competitor.
You don’t want an
Your accountability partner is there to help you stay
on track, but they will also be invaluable when it
comes to helping you grow. This is a good time to
point out that it’s OK to have more than one
accountability partner especially if your business is
growing in several different directions.