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How Do I know If I Have a Good Business Partner Fit?

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Manage episode 468074612 series 2966427
Content provided by Ryan Condie. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Ryan Condie or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

Am I picking the right partner?

  1. Trust
  2. Complementary Skills
  3. Shared Goals and Lifestyle
  4. Commitment Level
  5. Assessing Risk

A Few Key Questions:

What do you want out of this business?

What is success here?

What if we have an extra $50k in profit? What would you want to do with it?

MORE COMMON - What if we needed to put in extra money into the business? Can you do that?

Equity split...

Free SBM Financial Courses

https://letsbuyabusiness.com/courses/

Ready to level up but not 1 on 1 consulting?

How to Buy Your First Small Business through Acquisition Entrepreneurship

https://letsbuyabusiness.com/courses/

Need Bookkeeping or Tax Help?

Contact Darin at https://ashfordsky.com/. He's awesome.

  continue reading

359 episodes

Artwork
iconShare
 
Manage episode 468074612 series 2966427
Content provided by Ryan Condie. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Ryan Condie or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

Am I picking the right partner?

  1. Trust
  2. Complementary Skills
  3. Shared Goals and Lifestyle
  4. Commitment Level
  5. Assessing Risk

A Few Key Questions:

What do you want out of this business?

What is success here?

What if we have an extra $50k in profit? What would you want to do with it?

MORE COMMON - What if we needed to put in extra money into the business? Can you do that?

Equity split...

Free SBM Financial Courses

https://letsbuyabusiness.com/courses/

Ready to level up but not 1 on 1 consulting?

How to Buy Your First Small Business through Acquisition Entrepreneurship

https://letsbuyabusiness.com/courses/

Need Bookkeeping or Tax Help?

Contact Darin at https://ashfordsky.com/. He's awesome.

  continue reading

359 episodes

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