Comments on: 8 Rules to Successful Partnerships http://www.investorgeeks.com/articles/2006/07/19/8-rules-to-successful-partnerships/ Learning and sharing investment knowledge. Thu, 17 Mar 2011 02:30:53 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: Zero down mortgage loans. http://www.investorgeeks.com/articles/2006/07/19/8-rules-to-successful-partnerships/#comment-394153 Zero down mortgage loans. Thu, 29 May 2008 00:28:09 +0000 http://www.investorgeeks.com/articles/2006/07/19/8-rules-to-successful-partnerships/#comment-394153 <strong>San diego mortgage loans....</strong> Best rated low interest mortgage loans. No doc mortgage loans. Mortgage loans for bankruptcy buyers in texas. Mortgage loans. San diego mortgage loans.... San diego mortgage loans….

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]]> By: timhenman http://www.investorgeeks.com/articles/2006/07/19/8-rules-to-successful-partnerships/#comment-13253 timhenman Tue, 21 Nov 2006 14:18:59 +0000 http://www.investorgeeks.com/articles/2006/07/19/8-rules-to-successful-partnerships/#comment-13253 Hi, How are you all doing? This is my first post here.I hope to become an active member of this blog Hi,
How are you all doing?
This is my first post here.I hope to become an active member of this blog

]]> By: Jason http://www.investorgeeks.com/articles/2006/07/19/8-rules-to-successful-partnerships/#comment-2510 Jason Thu, 27 Jul 2006 00:30:35 +0000 http://www.investorgeeks.com/articles/2006/07/19/8-rules-to-successful-partnerships/#comment-2510 At first, I thought "akshun" was some Swedish slang for booty or something. I did a search and only came up with this indie musician: http://www.indie911.com/directory/hip-hop/akshun Then I realized you may be phonetically spelling "action". How active is the online Swedish investing community? At first, I thought “akshun” was some Swedish slang for booty or something. I did a search and only came up with this indie musician:

http://www.indie911.com/directory/hip-hop/akshun

Then I realized you may be phonetically spelling “action”. How active is the online Swedish investing community?

]]> By: Chris http://www.investorgeeks.com/articles/2006/07/19/8-rules-to-successful-partnerships/#comment-2324 Chris Sat, 22 Jul 2006 12:06:05 +0000 http://www.investorgeeks.com/articles/2006/07/19/8-rules-to-successful-partnerships/#comment-2324 Frank, you stud. I feel so used! Frank, you stud. I feel so used!

]]> By: Phil John http://www.investorgeeks.com/articles/2006/07/19/8-rules-to-successful-partnerships/#comment-2307 Phil John Sat, 22 Jul 2006 03:00:40 +0000 http://www.investorgeeks.com/articles/2006/07/19/8-rules-to-successful-partnerships/#comment-2307 This groupie idea sounds good. How do I join up to investorgeeks to get a piece of the akshun? I'm willing to learn how to translate this site into Swedish. Phil This groupie idea sounds good. How do I join up to investorgeeks to get a piece of the akshun? I’m willing to learn how to translate this site into Swedish.

Phil

]]> By: Jason http://www.investorgeeks.com/articles/2006/07/19/8-rules-to-successful-partnerships/#comment-2298 Jason Fri, 21 Jul 2006 21:36:06 +0000 http://www.investorgeeks.com/articles/2006/07/19/8-rules-to-successful-partnerships/#comment-2298 Another good idea is to work with people less attractive than yourself. That way when the groupies come into the picture, you'll have first pick. In this sense, Frank is a really smart business person. Another good idea is to work with people less attractive than yourself. That way when the groupies come into the picture, you’ll have first pick. In this sense, Frank is a really smart business person.

]]> By: Nathan http://www.investorgeeks.com/articles/2006/07/19/8-rules-to-successful-partnerships/#comment-2297 Nathan Fri, 21 Jul 2006 21:32:12 +0000 http://www.investorgeeks.com/articles/2006/07/19/8-rules-to-successful-partnerships/#comment-2297 One of the most important thing, but the least discussed about is the <b>terms and conditions for dissolution</b>. Having partners to quit on you in the middle of a venture, or having serious (legal) issues when dissolving the partnership is really unpleasant. The best way is to talk about those terms & scenarios up-front, so that there will be no surprise later on. One of the most important thing, but the least discussed about is the terms and conditions for dissolution. Having partners to quit on you in the middle of a venture, or having serious (legal) issues when dissolving the partnership is really unpleasant. The best way is to talk about those terms & scenarios up-front, so that there will be no surprise later on.

]]> By: Dan http://www.investorgeeks.com/articles/2006/07/19/8-rules-to-successful-partnerships/#comment-2244 Dan Thu, 20 Jul 2006 08:41:15 +0000 http://www.investorgeeks.com/articles/2006/07/19/8-rules-to-successful-partnerships/#comment-2244 I think it's a rare partnership that is destroyed by excessive fixation on these issues - and those that are probably would never have survived the reality of running a business. Most of the time partners don't consider these kinds of issues until problems start occurring. Don't get me wrong - I'm not suggesting all of these issues have to be resolved before you start working together. I'm informally working with someone on starting a business right now. But these issues should be defined as part of the formalization process, whether that is the formation of the business entitiy, or the establishment of a formal relationship (aka - when you officially join an existing entity). I think it’s a rare partnership that is destroyed by excessive fixation on these issues – and those that are probably would never have survived the reality of running a business.
Most of the time partners don’t consider these kinds of issues until problems start occurring.
Don’t get me wrong – I’m not suggesting all of these issues have to be resolved before you start working together. I’m informally working with someone on starting a business right now. But these issues should be defined as part of the formalization process, whether that is the formation of the business entitiy, or the establishment of a formal relationship (aka – when you officially join an existing entity).

]]> By: Chris http://www.investorgeeks.com/articles/2006/07/19/8-rules-to-successful-partnerships/#comment-2235 Chris Thu, 20 Jul 2006 03:44:37 +0000 http://www.investorgeeks.com/articles/2006/07/19/8-rules-to-successful-partnerships/#comment-2235 Interesting post, Dan. I like your take on it. I personally think the most important thing you can do when looking for a long-term partnership is to find people you connect with, who are self-motivated, and dedicated to the project. Long-term vision and partnership details can sometimes be overthought to the point of killing the relationship. There has to be some level of trust to start off with. Which is not to say that legal issues should not be resolved ahead of time, just to say that they shouldn't be fixated on. Interesting post, Dan. I like your take on it. I personally think the most important thing you can do when looking for a long-term partnership is to find people you connect with, who are self-motivated, and dedicated to the project.

Long-term vision and partnership details can sometimes be overthought to the point of killing the relationship. There has to be some level of trust to start off with. Which is not to say that legal issues should not be resolved ahead of time, just to say that they shouldn’t be fixated on.

]]> By: Dan http://www.investorgeeks.com/articles/2006/07/19/8-rules-to-successful-partnerships/#comment-2234 Dan Thu, 20 Jul 2006 03:23:25 +0000 http://www.investorgeeks.com/articles/2006/07/19/8-rules-to-successful-partnerships/#comment-2234 This is a great post, but it's not enough to just brush off the potential problems. Preparation can dramatically increase the chances that a partnership will succeed. I've posted my own <a href="http://www.thinkingaboutmoney.com/?p=91" rel="nofollow"> 8 ruless for UNSUCCESSFUL partnerships</a> to fill in the gap:-) This is a great post, but it’s not enough to just brush off the potential problems. Preparation can dramatically increase the chances that a partnership will succeed. I’ve posted my own 8 ruless for UNSUCCESSFUL partnerships to fill in the gap:-)

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