A Business Partner Helps You Expand
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Online can be a selfish game, there are a lot of people out there that think they have the secret to make money online. Better yet once they start making money they do not want to tell anyone or hold it off to themselves, why? I am grateful to have a group of people in my mastermind group to share and criticize my ideas, its helpful. These guys are not just friends, mentors, partners, or just marketers I meetup with. I consider these guys family. It is important to keep such relationship.
But also growing out of a single minded thinking can help you earn more money. I have partnered up with 3 people in the past and it has been beneficial. It has increased my income a lot as well. I recently just partnered up with a new person from my regular IANteract Meetup. The reason to have partners or I see it being beneficial is to leverage their knowledge and their expertise.
I alone, am not an expert nor do I claim to be. It is just brushed on me. I learn everyday and I enjoy learning from everyone.
There is a lot of controversy if you should have a partner but it is all about networking. If networking is about exchanging ideas and leveraging one another then partnership is no big difference. You just spend more time talking to each other about ideas and concepts than you would with a person you met at a conference.
To me partnerships takes the load off some of the work that I do. Maybe it takes a skill set that I do not have but utilize my partners to advance our project. For me it is accomplishing work load with non-skill sets. I am not a programmer but I want to create a great script, so I partner up with someone that is great at programming and work out a deal together.
Or maybe a programmer is seeking to get his product out but does not know a thing about marketing, again we work out a deal which can benefit the both of us. Partnerships is all about having a trust factor and the fact that you have a strong trust means you can trust each others work.
A partner is there to help you and keep you on point but also to help you make money. A partner gives you drive and motivation. Successful projects do well because of partnerships. If one does everything solo, that is a lot of work load on that person. Though outsourcing is an option, how can a person really expand?
The thing about partnerships that becomes a controversy is different ideas. One person wants to implement their ideas while another one doesn’t like it. But since partnership have a strong bond they think if they disagree with each other the bond is broken. Not true, it should strengthen it. This puts everyone in their place and gives everyone their opinion to talk about and discuss why it may be beneficial or not.
Sometimes your partner can hold you back from goals, yes. Everyone has their own work pace, not everyone is built like you. So someones drive maybe not as strong as yours because of their skill set. That is why you have to keep on top of each other, if one is slacking then you should remind them their goals and deadline. As well as when you yourself get reminded you should not take it as “WTF”, be humble and take it in consideration.
A partner is there to get you motivated to make more money and to leverage one another. It is key to make sure we are all on point with the project. If one isn’t on point then the whole project is going to go bad and relationships going to go sour.
As we all know that critic are the mirror of every one personalty. They teach us that where we are wrong and what we can do to avoid it. If we have associates with us we can take ideas from them and implement. these can be a good idea.
Great insights!
This is really good article to know about business and business stuff.
Thanks for this post.
In my point of view, I think it’s better to have mentors, business friends, business advisers, but partnership, well, for me, I want to be sole proprietor, I got hold of everything.
I think this is because when it comes to online marketing, and making money online, some people feel afraid to reveal what is exactly that they are doing, because I bet they fear that someone is going to bring them down, or start using their method. Example… someone finds a niche, but doesn’t want anyone to know about it except him, more than likely because he fears what could happen if he lets people know.
I think the same thing of “fear” can be applied to strategies of how to market their websites, perhaps people fear that others will do the same strategies and essentially make the competition that much more.
-Randy
very nice way to convey a massage that how you can see inside your self and find out what is good and bad in you. That can improve you very much. must be follow these tips.
Yup like what I said about joint ventures. Many businesses go big because of ventures.
After reading your post I would like to say that two is better than one. Its always good for any kind of business that people come and join you.
It’s true that partners can be a great asset. But they can also be a massive blight.
I am very happy with my business partners. they all are honest and faithful. we all are very helpful for each other.
I think the same thing of â??fearâ?? can be applied to strategies of how to market their websites, perhaps people fear that others will do the same strategies and essentially make the competition that much more.
May be they are blessing or problem. Its depends on both partner’s nature. I hope every one get as like I.
For sure, it depends on both partner’s nature.
@Jeux de cuisine — Thanks for appreciate my view. We have to take things positive way.
I agree that partnerships are great. To be able to establish a relationship where you can lean on one another and toss ideas etc it’s a beautiful thing. Nowadays though, I think that people are wary of others. Its hard to establish a solid relationship where there is complete trust in the other person. People are afraid of scammers, and such. There is so much news out there of cases where a business partner did something out of greed etc and messed the other person up financially.
Till then,
Jean
I think if partners have good mutual understanding then your relationship will go for a long time.
I found a right business partner yesterday. He is my childhood friend but true business man very professional. I hope for best in future.
“Online can be a selfish game, there are a lot of people out there that think they have the secret to make money online”
That’s why it’s a good idea to find some real life friends and get them into the same thing. You can help each other out which obviously is pretty beneficial for everyone involved.
Very well said and an inspiring speech. Ian, this is an eyeopener.
Ron
It is good to have a partner at the begginng of business coz too many aspects are needed to be solved,then better to devide spheres.
I have some bad experiences with partnerships. Online it is tough to tell who you can trust. If you can find the right partner, it makes things that much easier and quicker. It is true that you have to manage the other person’s pace sometimes. If the effort is not balanced it is easy to get frustrated. If anyone here with marketing skills wants to partner with me on a site send me a message through my website’s contact form.
I absolutely agree the idea that it is easier and quicker to solve the problems being a partner coz there are too many tasks to be done at the very beggining.
This is very smart. Sharing your ideas with other people who may know more than you can help form a profitable partnership.
Well said, an inspiring post for someone who is thriving to set up a business.Thanks for this post!
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