How Business Partners Can Successfully Navigate Growth and Change Together
While some business partners start out as friends, or friendly, it isn’t a requirement to be friends to have a thriving business. In fact some business partners start out as close confidants and then don’t know how to shift when differences come to the surface. Some never establish the mature foundation important in a long-lasting business relationship. Navigating Challenges Together Ingredients of a solid foundation include a steadfast respect for one another as human beings and workmates, impeccable accountability that maintains trust, laser-focus on working the business objectives, and an unwavering perspective that two or more heads are better than one. And acknowledging that challenges arise, a deep commitment to working through them together. Adopting consistent partnering mindset, tools, and skills help you work efficiently and navigate the challenges, saving you time and money. Healthy, mature, successful partnerships establish a solid foundation from the beginning and maintain it throughout. They understand that long-lasting partnerships grow through stages and require consistent commitment to navigate each stage and grow together. Mature partners have a growth mindset, always open to learning—not only staying on top of the latest best business practices, but growing personally and growing in all their relationships. They live their values, and role model them in their business and personal relationships. -Dr. Jan Hoistad In many fundamental ways, business partnerships are like marriage partnerships. Those that are long-lasting are well-vetted around compatibility, skill sets, and financials. They are consciously developed with deep discussions around the business, and acknowledge personal [...]