When 1+1=5: Finding Your Missing Puzzle Piece
Manage episode 503468959 series 3678844
Partnerships in house flipping can be rocket fuel or a complete disaster depending on who you choose. We share three non-negotiables for selecting a business partner who will help your flipping business thrive rather than implode.
• Shared vision and goals - ensure you're both paddling in the same direction with aligned expectations
• Complementary skills - look for someone whose strengths fill your gaps, not a clone of yourself
• Trust and integrity - the foundation that matters most when projects inevitably hit rough patches
• Reputation matters - your partner's industry reputation becomes yours too
• Work ethic must be aligned - resentment builds fast when commitment levels differ
• Get everything in writing - create solid operating agreements before money is involved
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Chapters
1. Introduction to Partnerships (00:00:00)
2. First Non-Negotiable: Shared Vision (00:01:08)
3. Second Non-Negotiable: Complementary Skills (00:01:49)
4. Third Non-Negotiable: Trust and Integrity (00:02:25)
5. Additional Partnership Considerations (00:03:14)
6. Episode Closing and Call-to-Action (00:04:08)
33 episodes