Donny Deutsch At The BIG Idea:
Many of the entrepreneurs who appear on my show often tell me one the biggest challenges they faced was finding a business partner.
Selecting the right partner is detrimental to your success and the success of your business.
The right choice in a partner can take you to a whole new level and amazing growth but the wrong choice can cause you to crash and burn.
1. Take a good look in the mirror and evaluate your strengths and weaknesses.
2. Find a believer.
3. Be selective and take your time in choosing a partner.
4. Establish specific roles and responsibilities.
Photo by danzo08.
Kevin Elliott on August 4th, 2008 at 9:30 am
This has been one of my largest challenges while being an entrepreneur. Several partnerships have not worked out in the past, because the other person was never as passionate or into the business; arguably, they are possibly not even cut out to be entrepreneurs at all. Finding new partnerships is so difficult, because often times you’re trying not to broadcast too loudly what it is you’re working on, but no one else could possibly become a believer when you’re not sharing the whole picture. It’s a rough balance that I haven’t quite figured out yet.
Do you have any suggestions on where to actually network for partners?
Ryan on August 5th, 2008 at 11:53 am
I’m pretty sure he didn’t mean “detrimental” in the opening sentence. Perhaps “insrumental”. You should probably note that unless you want to turn people off from finding the right biz partner :)
cassy on August 10th, 2008 at 7:14 pm
Entrepreneurs should follow the tips and they will have a successful business partnership.
Peter Hu on November 7th, 2008 at 6:36 pm
Please contact me immediately if you’re looking for a biz partner who lives in China and can work as a merchandiser, I mean handling the full range merchandising duties from products development to shipment of goods.
By the way, I’ve been working as a salesman and merchandiser for more than six years. And I know lots of commodities made in China.
My mobile number is +86-13533958146.
Email: injoy365@gmail.com
diosdado herana on November 9th, 2008 at 6:36 pm
i’m a distributor of snacks products in the philippines i am looking for suppliers and/or investors to supply me products and/or finance the production of the products that i am presently distributing
Jacob Odhiambo Odongo on November 11th, 2008 at 5:08 am
I am looking for a partner who can invest in our micro-finance banking business registered in Kenya. Investor should be able to invest minimum USD 2 million and above.
Mobile number is +254 725957597