Having a good business partner is essential and integral to the success of a business. I have been fortunate enough to experience running different businesses with different business partners. Choose the wrong business partner, and get ready to face hell ! Choose the right one, and you are half-way on the path to success.
Some of the criteria I look for in a business partner :
1) Somebody who shares Your Values, Entrepreneurial Spirit, and Vision
- this one is absolutely important. otherwise you might end up really frustrated and become the only one doing all the work and thinking.
2) Somebody who practices Good Personal and Business Ethics
- again, I prefer not to work with someone who is dishonest or someone who is comfortable with breaking the law.
3) Choose a Partner who is Financially Stable
- "partner, can I use some money from the business. I'm running short of cash ..." No, No, Noooo !
4) Someone who treasures Respect
- goes without saying ....
5) Someone who may offer credibility, skills or additional resources to the business
- ahhh, this certainly helps ....
- just like getting a Hairdresser involved in a Saloon business or a chef in a restaurant business or a pilot in an airline business or a nephrologist in the set-up of a haemodialysis facility.
Friday, April 29, 2011
Sunday, April 3, 2011
Virgin buys Pluto
The latest news is that Sir Richard Branson of Virgin Group has bought Pluto and plans to restore its mass and eventually it's status as a planet.
Mindboggling ....!!
Mindboggling ....!!
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