Monday, June 27, 2016

7 Signs You’ve Found the Perfect Business Partner

For some small businesses, two heads are better than one. While it might be tempting to go it alone, going into business with a partner brings its own set of rewards: new skills, a full-time sounding board, even stronger accountability, and a bigger network of contacts and resources.

But how do you know when you’ve found “the one”? Just look for these 7 signs.

1. They’re the PB to your J.

Got this one here.

Great business partners have work styles that complement, rather than mirror, one another. What skills does your partner have that you don’t?

2. They’re not shy about talking dollars and cents.

Got this one here.

Being transparent about your financesboth yours and your business’scan be awkward, but it’s necessary if you want to build a business together.

3. They’re in it to win it.

Got this one here.

You’re willing to make serious sacrifices to turn your business dreams into reality, and you don’t plan on backing down at the first sign of struggle. Make sure your partner feels the same.

4. They’re cool under pressure.

Got this one here.

How did your partner handle their last professional crisis? Do you admire their response to stressful situations?

5. They strengthen your financial prospects.

Got this one here.

You might work fabulously together, but if your potential partner is a financial wild card, you’re better off flying solo.

6. You can talk to them about anything.

Got this one here.

Pick a partner who’ll open up about their uncertainties, their anxieties, and their brilliant ideas—and let you do the same.

7. You trust them deeply.

Got this one here.

You’re about to embark on an epic quest. Make sure you’ve got a partner who always picks up the phone, has top-notch judgment, makes the ethical choice, and shares your values.

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