When is the right time to enter into a partnership agreement? And how do you find the ideal business partner? Finding the right fit can be tricky if you're not sure about the roles and responsibilities of each partner. Not only that but giving up sole control of your business is a challenge that many entrepreneurs have to overcome. The matter gets more complicated when your business partner is your spouse or someone you're dating. So, where do you draw the line? How do you ensure you will have a thriving business relationship and a healthy family relationship at the same time? Well, this conversation should be interesting.
Joining me today is an extraordinary person. She is the mother of my kids, wife, and business partner. We're going to talk about what it's like to work together and the challenges and joys of being partners in life and business in today's episode of SMART Businesses Do THIS!
Enjoy the episode!
"If it's the right person to partner, partner. And if you like them, perfect! Then date them too. But don't give them the job just because you date them."
- Eve Lyons
In This Episode:
- How did Eve work to become our company's vice president?
- Where do the biggest conflicts in partnerships arise?
- The roles and responsibilities in a partnership: Visionary vs. Integrator
- What are the warning signs of an impending conflict?
- Knowing when a partnership is not going to work
- How to make sure that conflict at work does not come home
- Building healthy relationships at work and in your homes
- The best way to bring people together
- The hardest part about working with your partner or someone you're dating
- The key components of a successful partnership and why it's okay for both partners to get 50/50 profit even when it seems that one person is doing most of the work
And much more…
Resources:
Connect with Eve Lyons:
- Website
Connect with Adam Lyons:
- Website