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To Partner, Or Not

NY Times: “As other small-business owners have also realized, partnerships can be as complicated and unpredictable as any marriage. Mr. McGuire and Mr. Michalowicz guided Olmec Systems through one change of direction and crisis after another, and today the company lives on with 10 employees, $1.5 million in revenue – and somebody else at the helm. The story of its evolution illuminates the challenges that entrepreneurs face when they join forces to run a business. Not only must they grapple with the usual growing pains of start-ups, like raising money, attracting talent and dealing with government bureaucracy, they must also manage the tensions and disagreements that are inherent in a joint ownership.”

via Work at Home Dad.

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