A Value Proposition Separates You From the Rest

How does one develop a personal value proposition? A value proposition is what separates you from others in regards to your talent, skillset, etc. I would ask people close to you and/or you have worked with, “What do you think I do best?” It helps if you already have...

Partnership Without a Profit Motive

Can there be a partnership without a profit motive? Yes as forming a partnership can be for any reason at all. For example, if I had a partnership with my son I may waive my profit and reinvest back into the company to strengthen it and thus help...

Components of a Successful Partnership

What is or was the most successful partnership you agreed on and entered into? My most successful partnerships have always had these components: They brought something to the equation I did not have such as time, expertise, filled a critical role in operations, and/or...

How to Terminate a Business Partnership

What happens if a partner wants to leave the partnership? Hopefully you have a partnership agreement. If so then, you have a clear path to the termination of a partnership. If not, both parties need to agree, if at all possible, on a few things. Depending on the...

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