Aug
1
Why Business Partnerships Fail: Differing Views
Filed Under Business Problems, New Business Ventures, Partnerships | Leave a Comment
Directional Views
Businesses can’t last on their own providing the same service over and over. This is a pretty big topic of discussion, but I believe it to be true. Look at the biggest companies. AT&T - started
with land line telephones, right? Well, they kept with that, but expanded. They stayed ahead of the curve, and [...]
Jul
31
Why Business Relationships Fail: Laziness
Filed Under Business Problems, Partnerships | Leave a Comment
Laziness
I have seen business relationships end a few times due to laziness. My father had a business partner when I was growing up and I personally saw some of the things his parter did. I can remember specific times when I would come visit my father in his office where his business partner wasn’t in [...]
Jul
31
Why Business Partnerships Fail: Greed
Filed Under Partnerships | Leave a Comment
Greed
Everyone knows what Greed is. While greed may not necessary break up partnerships, it certainly puts people into positions that would test relationships (personally or business). You truly never know how a person will react to a situation until that person is put into the situation in front of you. What would you do if [...]
Jul
31
Why Business Partnerships Fail: Intro
Filed Under New Business Ventures, Partnerships | Leave a Comment
Business partners are said to mimic personal relationships. You spend a lot of time with them, and you are constantly making decisions that affect each other. There’s just not the benefit of the personal “fun” time that you see when you have a significant other.
I remember I worked at a law firm in [...]