There is a saying, “Treat your business like your baby,” and that is why it is but natural for some entrepreneur to be protective of the said business and that it may be difficult to imagine handing it off or sharing it with someone else. However, if you are a solopreneur, you are definitely familiar with the feeling that your creative juice sometimes runs a bit dry and you are having way too much on your plate.
When you find yourself constantly staring at the bottom of your creative, well, you may want to consider choosing a business partner. Getting a new business partner is a lot like getting a spouse to help you grow and nurture your “baby”.
Keep in mind though that selecting a business partner can ultimately make or break the business. And just like marriage, you need to consider a lot of things to make this relationship works.
In today’s episode of the Podcast, join us as we share our experiences and our journey as we embarked on this so called business partnership. We talked about key points to consider in order to establish a good and successful partnership.
“If you are going to be a business partner with somebody, you can’t overlook the values of somebody based on what we were talking about earlier where somebody might have a skill set. Somebody might have a skill set of like they can sell, they can sell like crazy but if they are not a good person and you value that then you don’t need that business partner, it’s not going to work, it’s going to fail.” – Bobby Hoyt
Welcome to the Laptop Empires podcast hosted by Bobby Hoyt (Millennial Money Man) and Mike Yanda (Red Dirt Marketing Co).
In this twice weekly podcast the former Band Director(Bobby) and Attorney(Mike) share cutting-edge strategies for growing an online businesses. The duo pull on their experiences building blogs, online communities, and courses to grow businesses for themselves and other business owners.
Every episode is packed with content and actionable strategies presented in a laid back, conversational manner. No topic is too big or small for this no-filter show about making money online and having fun doing it.
Whether you’re a full-time entrepreneur, side hustler, or you’re thinking about joining this crazy online business world, you’ll want to join the Laptop Empires crew each Monday and Thursday and learn how to create an online business that lasts.
In this episode, here is what you’ll discover:
- Business Marriage
- Emotional Support
- Start a business partnership with a family or a close friend?
- Importance of individual skill set
- Significance of equal footing
- Finding balance between individual differences
- Open and honest Communication
- Compatibility in terms of skill set and personality
- Similar values and shared vision
- Work ethic and integrity
- How to make necessary adjustment
- Personality Test
- Equal work?
- Why you need to celebrate?
Items Mentioned In The Show:
Contact Bobby & Mike:
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