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View Full Version : A partner = more chances for success?



alec
03-20-2014, 05:28 AM
Does having a partner raise your chances for success?

With a partner many things are easier. When starting a business the initial investment can be split between the two. You cam brainstorm and find good ideas easier since you're not alone: a partner has the same perspective on the business as you and knows what's up. On the other hand, having a partner brings some issues too. Maybe he doesn't get involved a lot, maybe you do all the work alone.

Opinions?

stockbrokers
09-30-2014, 08:37 PM
It depends on your partners, I have a personal experience that having a partner is such a pain in the *ss, first you need to deal with their working habit, if it doesn't suit you then you might disagree a lot during the process, second having partners mean dividing revenue as well

Heatherbug
02-27-2016, 11:35 AM
I think it depends on the partner and the division of the company. My sister and I did an Avon thing back in the day and we split everything 50/50 with financials, but when it came to splitting efforts towards sales, it was 95/5 or worse.
I wanted to include her in my next opportunity so I offered her 20% if she would contribute 8 hours a week or more. Of course, as I expected, she surrendered her 20% and went about her life.

Earl_White
12-10-2017, 02:57 PM
I have always worked with a partner in my business. There are lots of up and downs in running a small business. Successes, failures, good days, bad days. It's good to have one person to balance another out and keep motivated.

christianthalbergo
08-26-2019, 05:36 AM
As all the answers said - it depends. It's a risky thing like 50/50. It suggest to start alone and if you need any help, then hire a specialist and pay him as much as you want.

Lilykevin95
07-24-2020, 11:47 PM
Exploration contemplates have demonstrated that openly submitting your objectives to somebody gives you at any rate a 65 percent possibility of finishing them. Be that as it may, having a particular responsibility accomplice builds your opportunity of achievement to 95 percent.

speeduser
02-04-2021, 02:40 PM
Partnership makes one's business stronger. If you strategically place yourself, this will be effective. - Marla Ahlgrimm (https://www.webmd.com/marla-ahlgrimm)