ow do you know if a partnership is beneficial or not? When should you consider partnering with someone? What are some tips in securing a good partnership? If you have asked yourself any of these questions, keep reading ….
A successful partnership is one that all parties involved are benefiting in some type of way, some partnerships provide revenue while others provide exposure, knowledge or investment capital.
Signs of a good partnership 1. They do what they say they will do. 2. They make themselves available to discuss or work on the project 3. They bring ideas to the table that will bring growth 4. The goals are like yours 5. You see and feel the growth
6. Being an expert in their field 7. Strong mental ability 8. Ability to work well with others
Signs of a bad partnership 1. You feel tense each time that person contacts you 2. You have anxieties about working on the project 3. You don’ t feel good or speak from the heart when you share information about the project. 4. You can’ t communicate well with your partner. 5. Imbalance in task and duties 6. They offer problems but no solutions 7. Conflicts are left unresolved.
Have you ever tried to bake a cake to notice you are missing a key ingredient that you don’ t have access to, what do you do?
What are some signs you may need a partner? 1. You are feeling lost and not sure which direction to move forward in. 2. You feel overwhelmed with your day to day duties and not accomplishing your set goals. 3. You need more … more products, more space to run your business or more money to invest. 4. You have been in the same spot with no or little advancement
Signs your partnership is doomed 1. They are hiding the truth 2. Expertise is not balanced 3. They have ulterior motives
PARTNERSHIP
21 IBA Success Magazine n VOL 9, Issue 1